A16z Raises $15B While X Adds Live Crypto Tickers

Crypto prices remain quiet to start the week. Bitcoin is holding near $90,600, while Ethereum saw a small gain to reach $3,110. Solana is up about 2 percent to $140, though XRP slipped slightly to $2.04. Meanwhile, Monero is grabbing headlines after hitting a new record high of $590.

Institutional support continues to build despite the flat price action. Andreessen Horowitz just raised $15 billion to back projects in the American dynamism space, with a heavy focus on artificial intelligence and crypto. At the same time, BNY Mellon has introduced tokenized deposits for its institutional clients, showing that big banks are still pushing forward with digital asset tools.

Regulators and platforms are also shifting gears. The United Kingdom approved Ripple to grow its payment services in the region. X is updating its interface to include smart cashtags, which will display live prices for stocks and crypto directly in the app. Meanwhile, Tether froze $182 million in USDT linked to oil trades in Venezuela.

Market watchers should keep an eye on political developments as they unfold. Federal Reserve Chair Jerome Powell recently addressed ongoing legal friction regarding interest rate policies, and new legislation is appearing in the House to prevent officials from using prediction markets. Whether these political headlines impact long term price trends remains the main point of interest for traders.