According to Hoskinson, the primary catalysts for this potential massive surge are two significant cryptocurrency bills slated for votes in the U.S. Congress during the upcoming "Crypto Week," commencing July 14. These crucial pieces of legislation — the GENIUS Stablecoin Act and the CLARITY Act — are anticipated to usher in a new era of regulatory certainty and, consequently, unlock substantial capital inflows into the digital asset market. With daily Bitcoin trading volumes already exceeding $100 billion and institutional interest steadily climbing, these regulatory advancements could act as powerful accelerants.
Hoskinson's long-standing bullish thesis from April cited factors such as accelerating stablecoin adoption, increased utilization of Bitcoin as a treasury asset by corporations, and eventual interest rate cuts by the Federal Reserve as drivers for Bitcoin to reach multi-trillion-dollar valuations. With regulatory progress now aligning with these macro trends, he foresees an unprecedented bull run for the cryptocurrency.
The proposed CLARITY Act aims to delineate clear regulatory boundaries between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) regarding digital assets, a move long awaited by the industry for enhanced legal certainty. Concurrently, the GENIUS Act seeks to establish a comprehensive federally backed framework for stablecoins, a critical step for their widespread integration into the financial system. Both bills enjoy support from key crypto industry leaders and the Trump administration, with President Trump reportedly ready to sign them into law once they clear the House. Should these legislative efforts succeed next week, Hoskinson's ambitious $250,000 target for Bitcoin could transition from speculative forecast to a more tangible possibility.