Zhang Jun: AI and Geopolitics Reshape Macro Framework, Token is Expected to Become a New Currency Anchor Point

Tom Lee, chairman of BitMine, said at the webinar that the rising yield of US bonds is the main headwind in the current market, and the yield of 10-year treasury bond bonds has risen from 4.2% to 4.5%. Federal funds futures data shows that the market is pricing the Federal Reserve to raise interest rates twice this year.

**[American Arbitration Association Collaborates with Multiple Companies to Launch Legal Context Protocol]** According to Cointelegraph, the American Arbitration Association, in collaboration with Integra Ledger, Google, IBM, Circle, Hedera, Cardano, and other companies, has launched the Legal Context Protocol to provide a legal compliance and dispute resolution framework for AI agent transactions. This protocol ensures that legal terms are discoverable and verifiable during AI agent transactions. Gartner predicts that spending in the agent-based payment economy will reach $15 trillion by 2028. The Legal Context Protocol operates without requiring blockchain and complements existing payment protocols. A co-founder of Hedera stated that clear dispute resolution solutions are necessary when AI agents make decisions and conduct transactions on behalf of users.

European Central Bank Executive Schnabel stated that the scale and timing of monetary policy adjustments depend on the Middle East conflict, inflation, and economic conditions.

According to Solid Intel, K33 Research data shows that long-term holders of Bitcoin control 79% of the circulating supply, reaching a historic high.

Kepler Chevreux has raised the target price for ASME stocks from 1460 euros to 1830 euros.