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Cardano (ADA) founder Charles Hoskinson has given a date for the "Great Capital Inflow to Cryptocurrencies!"
Charles Hoskinson, the founder of Cardano, predicted that there would be a significant influx of capital into the cryptocurrency sector due to the expected FED interest rate rebates and positive regulatory developments.
In a recent speech, Hoskinson predicted that the ongoing global trade tensions between the US and China would soon stabilize and pave the way for a more favorable investment environment. "What will happen is the issue of tariffs will become irrelevant," said Hoskinson, adding that "people will understand that the world is willing to negotiate... and the markets will stabilize."
According to Hoskinson, the turning point will occur when the FED lowers interest rates, sending a wave of "fast, cheap money" into the financial system. Hoskinson expects a large portion of this liquidity, especially as the legislative environment in the U.S. becomes more supportive, to flow into cryptocurrencies.
Hoskinson referred to the increasing institutional participation and regulatory clarity that could help catalyze investment by stating, "The market structure bill, the stablecoin bill, and the activation of the Magnificent Seven will bring a lot of money into crypto," and added, "It will probably pause for the next three to five months, and then there will likely be a wave of significant speculative interest in the markets around August or September."