- a16z raised over $15 billion across new funds, with AI and crypto among top targets.
- Major crypto prices were mostly flat; Bitcoin traded near $90,600 while some altcoins moved sharply.
- XMR climbed to a fresh all-time high near $590–$600 after a strong weekly gain.
- Federal Reserve Chair Jerome Powell released a video blaming political pressure for disputes over his policy decisions.
- Product and infrastructure moves include X planning Smart Cashtags, Ripple winning FCA approval in the U.K., and new tokenization efforts by banks and firms.
a16z announced it raised more than $15 billion across multiple new funds, citing bets on AI, crypto, infrastructure and “American Dynamism,” according to the firm’s statement on we raised $15B. The fundraising includes Growth ($6.75 billion), Apps ($1.7 billion), Infrastructure ($1.7 billion), American Dynamism ($1.176 billion), Bio + Health ($700 million) and about $3 billion in other strategies.
“As the American leader in venture capital, the fate of new technology in the United States rests partly on our shoulders. Our mission is ensuring that America wins the next 100 years of technology.” — Ben Horowitz.
Major crypto markets were largely unchanged heading into Monday, with data from market listings showing Bitcoin near $90,600 and Ether around $3,110. XMR rose sharply, reaching a new high near $590–$600 after a large weekly gain. Meme tokens were mostly lower, per the meme market view.
Other market notes: spot Bitcoin ETFs recorded net outflows recently, as shown on flow trackers. Jerome Powell released a video statement asserting that political pressure played a role in disputes over his policy choices. X said it will add Smart Cashtags to display live prices next to tickers.
Corporate and product updates include NFT market activity and a Spirit Azuki sale on Ethereum/0xed5af388653567af2f388e6224dc7c4b3241c544/6737″>OpenSea. Token and ICO moves include announcements from Pump Fun, Infinex, Trove, Rekt Drinks and a $250 million raise by Rain. Tether froze about $182 million in USDT tied to oil trades.
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