🇸🇬 #TOKEN2049 Exciting moments from the first day on-site [BitMine Chairman Tom Lee: Bitcoin's price is expected to reach between $1.4 million and $2.2 million] Foresight News reports live from the Token 2049 summit in Singapore, where @BitMNR Chairman Tom Lee stated: "Washington is working on two additional pieces of legislation. One is the Genius Act, and the other is the Bitcoin Strategic Reserve Act. This means we have a new moment in 2025, and Bitcoin still appears to us to be in its early stages, as there is now digital storage of value." He pointed out: "Wall Street will play a very important role in enhancing the digital asset market. If gold is priced at $4,000 per ounce today, it could reach $5,000 per ounce. If we compare Bitcoin to gold, assuming only 10%, then you would get a Bitcoin price of $140,000. But that number is too low; I believe Bitcoin will essentially match the value of gold, if not exceed it. That’s why each Bitcoin will reach a value of between $1.4 million and $2.2 million, so I remain very optimistic about Bitcoin."

[Circle President: Stablecoins Will Impact the Global Financial Payment System] Foresight News reports live from the Token 2049 summit in Singapore, where Circle President Heath Tarbert stated: "Circle was founded 12 years ago, driven by an innovative mission. If we can establish a new internet financial system, it will not only be a technology that makes things more efficient but will fundamentally change the way the world operates. Stablecoins will change the way humans interact, and it will actually increase prosperity for everyone. Clear regulation and sound oversight are crucial. Regarding stablecoins, we need to ensure that it is heard not only in the United States but also in Asia, Europe, and elsewhere. It will only thrive when we prove that this technology is useful and that a large number of people support it and want to see it develop."

[Arthur Hayes: The essence of Trump's tariff policy is competition for American interests] Foresight News reports live from the Token 2049 summit in Singapore, where BitMEX co-founder @CryptoHayes stated, "Since 2016, the new U.S. President Trump has been focused on America's trade balance, learning from the past U.S. experiences. He has always prioritized America, wanting to reverse the surplus and deficit gaps between countries globally, tired of the rest of the world relying on the U.S. for survival, while the rest of the world holds significant assets in the U.S. He believes American companies should export products and continuously grow, just like Germany and Japan. Therefore, we have seen the recent U.S. business policies, but Germany and Japan have responded with 'Germany First' and 'Japan First' policies."

[ConsenSys Founder: The Future of Ethereum is Clear, but This Process is Both a Sprint and a Marathon] Foresight News reports live from the Token 2049 summit in Singapore, where @Consensys founder Joseph Lubin stated that Ethereum's value proposition lies in its vast ecosystem and decentralized scalability path. Ethereum's layer one and layer two have achieved lower costs, higher availability, and better scalability, with the potential to support millions of transactions per second in the future. He emphasized that Ethereum is continuously driving application deployment through infrastructure development, tokenization, and the legitimization of DeFi, while integrating artificial intelligence into more use cases. Lubin pointed out that this process is both a sprint and a marathon, with the goal of making Ethereum a crucial part of global financial and social infrastructure.