CZ: Bitcoin price could reach $500,000 to $1 million in this cycle

PANews reported on May 6th that according to The Block, CZ predicted that Bitcoin's current cycle may reach $500,000 to $1 million, with the total crypto market capitalization expected to exceed $5 trillion by the end of the year. In an interview, he pointed out that the current meme coin bubble is severe (99.99% will fail), while AI and decentralized science (DeSci) are the long-term value directions of blockchain technology, predicting that "AI will deeply integrate with blockchain". CZ specifically affirmed the Trump administration's pro-crypto policies, stating that the US regulatory environment has undergone a "180-degree change compared to 100 days ago". Regarding trading infrastructure, he believes decentralized exchanges (DEX) will ultimately surpass centralized platforms, but both are essentially "different portals to the blockchain world". After experiencing four months of imprisonment, CZ stated that he is no longer considering returning to the Binance CEO position, and his current focus is on guiding the new founders, but he has no intention of leading specific entrepreneurial projects.