VanEck predicts that Bitcoin will reach $500000 by 2029

Tyler Winklevoss stated that cryptocurrency rules should be led by Atkins and Selig, rather than waiting for potential Gary Gensler 2.0. （CoinDesk）

VanEck has set the target price for Bitcoin in 2029 at $500000 and stated that this price change is not related to the Clarity Act, but rather determined by the actions of the US Treasury Department. （Bitcoin Archive）

US Treasury Secretary Besson stated that any fluctuations in the bond market within 24 hours are just noise.

According to AiCoin monitoring, there has been a significant flow of funds on the Binance exchange. In the past 24 hours, the exchange's wallet has released 3210 BTC worth 321 million US dollars, and its current BTC wallet balance is 662400 BTC. For more information on exchange fund flows, please visit the AiCoin website - Data - Hyperliquid to view: https://www.aicoin.com/zh-Hans/hyperliquid

St. Louis Fed President Musalim said that the selling in the US bond market was driven by the demand for government borrowing and artificial intelligence construction financing, rather than questioning the credibility of the Federal Reserve. Musalam pointed out that inflation expectations have been anchored and the credibility of the Federal Reserve has not been questioned. Musalam reiterated his hope that the Federal Reserve would raise interest rates at its July meeting to curb inflation, and believed that without raising rates, the likelihood of inflation falling back to the Fed's 2% target within 18 months would increase.