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Six Nobel laureates endorsed California's Proposition 40, a 5% wealth tax on billionaires, while Ripple's Chris Larsen spent over $10 million to oppose it.
Altcoins on Binance show 70% above 200-day average, but the Altcoin Season Index fell to 41, indicating they are not outperforming Bitcoin.
Cramer expects a calm week ahead, with analyst meetings and earnings from Okta, Costco, KB Home, and others in focus.
Crypto markets fell over the weekend as Houthi attacks on Saudi Arabia raised tensions, with Bitcoin dropping 0.9% and the total market cap down 4%.
President Trump said he will form an AI Force and appoint an AI czar, calling opposition to AI a hoax. He set a high-IQ requirement for the job.
An exploiter drained about $2 million from Fetch.ai and NuNet, with NuNet's NTX token hitting an all-time low.
Cardano founder Charles Hoskinson argues blockchain will absorb AI, citing unsustainable data center costs and governance issues.
A trader lost $10.68M shorting Zcash after a 177% monthly rally, wiping out $9M in profits.
A Hong Kong court sentenced ex-banker Lam Chun-yin to four years for taking USDT bribes to authenticate forged bank documents worth over $1.6 billion.
a16z-backed Linera and oracle protocol Switchboard shut down within two days, joining over 260 crypto projects that have closed this year.