Michael Saylor's Strategy increases holdings of 500 bitcoins

[Besent: U.S. Treasury yields rise influenced by global interest rates, U.S. economic resilience remains significant] U.S. Treasury Secretary Besent stated that adjustments in the U.S. Treasury market are influenced by changes in the global interest rate environment, and the inherent resilience of the U.S. economy remains significant. Short-term disruptions caused by geopolitical conflicts have overshadowed the performance of macroeconomic fundamentals. (Source: Jin10)

Raoul Pal, co-founder of Real Vision, suggests that investors allocate 80% to 90% of their investment portfolio to high-quality assets such as Bitcoin, Ether, and Solana, and only use the remaining portion for speculation. He also points out that 99% of people will lose all their funds in cryptocurrency speculation.

[Trump Plans to Appoint Jay Clayton as AI Czar, Peter Brandt Predicts Bitcoin to Hit $600,000] U.S. President Trump is expected to appoint Jay Clayton as the AI Czar, responsible for overseeing U.S. AI innovation development and self-regulation among tech executives. Jay Clayton previously served as the SEC Chairman. Trader Peter Brandt predicts that if Bitcoin finds support at its June low, the current bull market cycle could extend until late 2029, with Bitcoin prices potentially reaching $300,000 to $600,000.

SEC Chairman Paul Atkins stated that the SEC will continue to advance cryptocurrency and digital securities regulation and introduce more rules to ensure that the digital asset market remains in the United States. Paul Atkins pointed out that the regulatory framework for cryptocurrency custody proposed by the SEC aims to update the rules established in 1940, which is part of the SEC's comprehensive cryptocurrency regulatory system starting from 2025. The system also includes Regulation Crypto Assets and Innovation Exertion, the latter of which will establish a 5-year sandbox allowing trading of US stocks on decentralized exchanges and liquidity providers. John Reed Stark believes that this regulation pushes beyond the authority of the SEC and bypasses congressional power. Paul Atkins stated that more regulatory proposals are about to be introduced and will continue to assist President Trump in promoting the United States as the global cryptocurrency capital.

OKX-BTC/USDT is currently trading at $86016.70, with a 5-minute increase of 0.06%. Please be aware of market fluctuations.