$300M+ in liquidations in the past hour alone. Been a while since we saw some proper weekend action. $ETH being hit the hardest here

NEW: @elonmusk merges AI company @xai with rocket company @SpaceX to build AI in space The combined company is expected to price its IPO at a valuation of $1.25 trillion, according to Bloomberg.

Elon Musk merges AI company xAI with rocket company SpaceX to build AI in space

BIG: SpaceX has acquired xAI.

SURVEY: 89% of of family offices surveyed by JPMorgan Private Bank have no exposure to crypto. 7% plan to invest in digital assets, and 65% prioritize AI going forward.

JUST IN: President Trump says he “probably helped crypto more than anybody.”

@jesseahamilton reports

UPDATE: The White House meeting ran over two hours and was aimed at resolving sticking points in the crypto market structure bill, with stablecoin yield and rewards as the central focus. The meeting was led by President Donald Trump’s crypto adviser, @PatrickJWitt.

@justinsuntron @gazza_jenks Watch now

WATCH: @justinsuntron joins Cointelegraph’s @gazza_jenks for an exclusive interview on global crypto markets. “Blockchain is the only way to give people global 24/7 settlement, even bad regulation is better than no clarity because it can be challenged and changed.”