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Crypto Regulation

Jay Clayton Named Trump’s AI Czar; Peter Brandt Sees Bitcoin at $600K by 2029

Former SEC chairman Jay Clayton has been appointed as Trump’s new AI czar, drawing criticism from Roman Storm and the XRP community. Separately, veteran trader Peter Brandt flipped bullish and said Bitcoin could reach as high as $600,000 by 2029.

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AI take

Clayton's dual background in securities regulation and now AI policy places him at the intersection of two forces increasingly shaping crypto markets, though the criticism from Roman Storm and the XRP community signals that his SEC tenure remains a live grievance. Brandt's shift is notable less for the target than for the reversal itself, coming from a trader known for skeptical calls. Whether Brandt's pivot reflects a broader change in sentiment among long-term technical traders is the open question.

Generated by AI for reference only.

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