Bitcoin could hit $250,000 as early as this year with technology giants such as Microsoft and Apple entering the cryptocurrency space, industry veteran and founder of the Cardano blockchain Charles Hoskinson told CNBC's Arjun Kharpal. Speaking on the Beyond the Valley podcast, Hoskinson, who has been in the crypto industry for more than a decade and helped co-found the Ethereum blockchain, said he believes bitcoin will reach $250,000 “by the end of this year or next year.” Hoskinson, who is also

Bitcoin began to rebound after posting its worst week since February, recovering above the $88,000 threshold. CNBC's Mackenzie Sigalos has the story. | CNBC