Search results for T. Rowe Price
Crypto
Has bitcoin hit a bottom? Clarity Act stalls again
The cryptocurrency market is focused on Ripple’s shift toward payments and software revenue beyond XRP, highlighted by its participation in Mastercard’s AI payments network featuring the RLUSD stablecoin. XRP sentiment swings between bullish forecasts and signs of weakness, though ETF inflows and institutional adoption continue. In the United States, the Clarity Act stalls over an ethics provision linked to Trump family crypto businesses. Bitcoin rebounds above $60,000, while attention grows on altcoins and new ETF products.
Crypto
Shiba Inu seen rebounding in July despite 10 percent June drop as seasonal strength shows signs of return
Shiba Inu (SHIB) has stayed weak through the first half of the year, falling 10.1 percent in June after an 11.5 percent drop in May, with its price around $0.000005. U.Today reported that July has historically marked a turning point, citing CryptoRank data showing a median July return of 8.92 percent. The outlet also pointed to regulatory recognition, ETF inclusion, wider payments use and a surge in futures volume.
AI & Enterprise
OpenAI sells $3 billion in shares to retail investors, seeks ETF inclusion
OpenAI sold about $3 billion worth of shares to retail investors through a recent private placement aimed at clients of three large banks, Axios reported. The company also said its shares would soon be included in several exchange-traded funds run by ARK Invest, led by Cathie Wood. CFO Sarah Friar said OpenAI is considering access to economic benefits created by AI as well as access to technology.
