Jack Mallers: Wall Street's involvement in Bitcoin does not pose a threat

Binance NIGHT is currently priced at $0.05005, with a 24-hour increase of 8.16%. 24-hour transaction volume of 300 million US dollars, an increase of 46.07%, for reference only

US President Trump has promised to distribute $5000 in dividends to every adult American citizen if the Republican Party wins the House and Senate elections. The plan is expected to cost $1.2 trillion and the funds need to be consumed domestically in the United States.

US President Trump will host another dinner on Meme Coin.

Former Chairman of the House Financial Services Committee, Patrick McHenry, stated that the CLARITY bill should be submitted to the Senate for a vote before the impact of the political cycle, and discussed regulatory issues such as AI trading responsibility and predictive markets. (Source: CoinDesk)

The yield of the 30-year treasury bond bond of the United States rose to the highest level since 2002. The net assets of the richest 1% of households in the United States totaled $60.3 trillion, 14.3 times that of the bottom 50% of households. Since 2020, the purchasing power of the U.S. dollar has declined by 23%. The rise in 30-year US Treasury yields puts pressure on the discount rate of Bitcoin, while the continued inflation and decline in the purchasing power of the US dollar reinforce the logic of Bitcoin as an inflation hedge tool. The market is facing two conflicting signals.