Former SEC official appointed U.S. AI coordinator; analyst predicts Bitcoin price ceiling of $600,000 by 2029

According to Cointelegraph, former Securities and Exchange Commission head Jay Clayton has been named the United States’ senior coordinator for artificial intelligence under the Biden administration. The announcement was reported by multiple outlets citing official sources. Separately, Peter Brandt, a known cryptocurrency analyst, expressed a bullish outlook and indicated that Bitcoin could reach $600,000 within the current price cycle ending around 2029.

The assignment of Clayton—who previously led regulatory enforcement at the SEC—to oversee AI policy aligns with broader governmental efforts to position the U.S. in technology governance. No details were provided regarding the scope of duties, reporting lines, or implementation timeline for the role. Meanwhile, Brandt’s statement about Bitcoin reaching $600,000 reflects a forward-looking estimate tied to market conditions through 2029; no timeframe within the cycle was specified and no supporting data such as price trajectory, volume metrics, or adoption figures were included.

Some supporters of XRP publicly expressed dissatisfaction with Clayton’s new position, describing concerns over perceived conflicts of interest or regulatory continuity. These remarks came from individuals associated with the broader XRP community rather than an official organization. The comments were referenced in reporting but no direct quotes or names beyond “Roman Storm and the XRP army” were included in the summary.