Today in crypto, SEC chair Paul Atkins spoke at the agency’s crypto regulation roundtable, expressing optimism about blockchain technology’s benefits such as efficiency and transparency. He aims to establish clearer regulatory guidelines for digital assets. Meanwhile, Circle's executive Dante Disparte refuted claims about the company pursuing a US federal bank charter, emphasizing the need for regulatory clarity in the stablecoin space. Additionally, ARK Invest raised its Bitcoin price predictions significantly, projecting a bull case of $2.4 million by 2030, linked to increased institutional investment and Bitcoin's role as 'digital gold.' Analysts estimate that Bitcoin could achieve a penetration rate of 6.5% in the $200 trillion financial market, potentially capturing 60% of gold's market cap and leading to a substantial market valuation for Bitcoin by the end of the decade. Other cryptocurrency firms are also exploring banking licenses in light of evolving regulatory landscapes.

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