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ChainCatcher news, according to CoinDesk, billionaire hedge fund manager Ray Dalio stated that Bitcoin lacks privacy protection, and transactions can be monitored and potentially controlled. This is the main reason why central banks around the world are reluctant to hold Bitcoin. Dalio said that about 1% of his investment portfolio is allocated to Bitcoin, but believes that Bitcoin’s transparent ledger feature makes it difficult to become a reserve asset.

```htmlGolden Ten Data reported on May 12 that gold prices fell on Tuesday as the market weighed developments in the Middle East and interest rate expectations ahead of the release of key US inflation data. Spot gold fell below $4,700 per ounce, dropping 0.74% intraday. As Iran rejected the US proposal to end the conflict and insisted on a list of demands described as "garbage" by US President Trump, hopes for a peace agreement between the US and Iran are gradually fading. Tastylive's global macro research director Ilya Spivak stated, "We have seen many central bank policy expectations shift toward a more hawkish stance, which for the Federal Reserve means all possibilities of rate cuts this year have disappeared." "We are closely monitoring the potential impact of the US CPI data and whether there is stronger-than-expected inflation momentum." Rising oil prices may push up inflation, increasing the possibility of rate hikes.```

Golden Ten Data reported on May 12 that, according to economists at BNP Paribas, the “Summary of Opinions” from the Bank of Japan’s April monetary policy meeting shows that Policy Board members are preparing for a rate hike in the near future, while at the same time leaving themselves room for policy decisions at the June meeting. They added that the key consideration in deciding whether or not to hike rates next time will likely be whether the Middle East conflict triggers serious supply chain issues. "Even among those members who fundamentally hold a hawkish stance on rate hikes, the summary indicates that they remain highly alert to the potential risks of supply chain disruptions."