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Bitcoin to hit $250,000 this year and Magnificent 7 to adopt stablecoins, Cardano founder predicts

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Summary
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66% Informative

Bitcoin could hit $ 250,000 as early as this year , IOHK and Cardano blockchain founder Charles Hoskinson told CNBC 's " Beyond The Valley " podcast.

Hoskinson said various factors would drive this, including increasing crypto adoption and new legislation.

He also said the Magnificent 7 , a group of mega-cap tech names that includes Apple and Amazon , will begin using stablecoins once key legislation is passed.

VR Score

69

Informative language

68

Neutral language

55

Article tone

formal

Language

English

Language complexity

49

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not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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