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Cathie Wood’s ARK Invest pours $60M into Elon Musk's AI venture

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Cathie Wood’s ARK Invest has committed $60 million to Elon Musk’s xAI startup, demonstrating the firm’s confidence in its potential amid a surge in AI investments.

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Coin Market

Pakistan steps up crypto enforcement with dedicated federal unit

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A senior official with Pakistan’s Federal Investigation Agency reportedly recommended other agencies establish similar units to address crypto-related crime.

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Coin Market

White House agrees to ethics provisions in market structure bill

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The price of Bitcoin moved above $66,000 to reach a seven-week high on Tuesday as reports circulated of a deal with the White House to address ethics in the CLARITY Act.

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Crypto market breakout could accelerate as AI trade cools, analyst says

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Bitcoin topped $67,000 while crypto stocks rallied on optimism over US crypto legislation and signs investors may be rotating out of AI trades.

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