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AI Titans Back $100 Million Super PAC to Boost Industry’s Status in Washington

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In brief

  • Top AI firms and tech leaders, including Andreessen Horowitz and OpenAI’s Greg Brockman, unveiled a $100 million fund to back pro-AI candidates.
  • The fund, which mirrors crypto PAC Fairshake, will target races in California, New York, Illinois, and Ohio this year before moving to federal contests and the 2026 midterms.
  • Supporters say the effort is needed to secure U.S. leadership in AI and to push back against policies that could slow innovation.

A handful of America’s most powerful AI companies, investors and tech entrepreneurs announced Monday the creation of a $100 million political spending fund aimed to support candidates “aligned with the pro-AI agenda” in state and federal races over the next two years. 

Leading the Future shares much DNA with similar political spending operations used by the crypto industry. The AI fund is backed by Andreessen Horowitz, one of the core contributors to Fairshake—-the $300 million pro-crypto PAC that successfully upended the 2024 election. Both Leading the Future and Fairshake are also helmed by the same political strategist, Josh Vlasto. 

Other backers of Leading the Future include OpenAI co-founder Greg Brockman, Silicon Valley venture capitalist Ron Conway, Palantir co-founder Joe Lonsdale, and Perplexity.



Leading the Future plans to get involved in primary and general elections at both the state and federal level, and will oppose candidates who do not support a “pro-innovation” agenda ensuring the United States’ global dominance in AI, the group said. 

The organization intends to, through a network of super PACs and nonprofits, begin spending this year on state races in California, New York, Illinois, and Ohio—hotbeds of AI development in the United States. It will then expand to federal races ahead of the 2026 midterm elections. 

A source familiar with the fund’s operations told Decrypt that the success of pro-crypto political spending groups like Fairshake offered a blueprint for AI leaders to now follow.

AI and crypto, though, while both emergent tech industries with deep pockets, are two different beasts in the policy arena. Going into 2024, crypto was struggling, with a slew of scandals plummeting the industry to an all-time low level in political salience. A historic political spending spree reversed those fortunes entirely, partly by directing ire squarely at easily identifiable enemies like then-SEC chair Gary Gensler and Sen. Elizabeth Warren (D-MA).

AI, on the other hand, does not currently have its own version of a Gensler or Warren to target. The industry is a firmly ascendant cause in the second Trump administration, and no contingent of the Democratic Party has staked out positions in opposition, as once occurred with crypto. 

But crypto’s remarkable political spending success story didn’t just influence election outcomes. It also appears to have put substantial pressure on lawmakers to quickly pass legislation favorable to the industry. Amid hyper-partisan tensions in Washington, Congress passed a major crypto bill at breakneck speed, with crucial support from Fairshake-backed candidates.

When asked whether any lawmakers currently in office should be considered “anti-AI”—or if not, what the purpose of Leading the Future then is, a spokesperson for Andreessen Horowitz referred Decrypt to an X post made this morning by Collin McCune, the venture firm’s head of government affairs. 

“Policymakers in Washington and our state capitals are weighing thousands of proposals right now that could make it impossible to build,” McCune said. “The only way to counter entrenched interests and outdated thinking is to make sure builders have a voice at the table.”

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Crypto Trends

Bitwise’s Jeff Park Says Wholecoiner Status Is the New American Dream

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Bitcoin (BTC)

is holding firm above $105,000 after recovering from a sharp downturn triggered by escalating tensions in the Middle East. The leading cryptocurrency dropped below $104,000 following Israel’s strike on Iran, but quickly regained lost ground, now trading at $105,590, up 0.15% in the past 24 hours.

Bitcoin’s swift rebound suggests underlying strength, with high-volume buying visible during the dip. Analysts point to the $104,000–$105,000 range as an important zone of support, as price action continues to grind upward. Sentiment remains cautious — reflected in a pullback in trader confidence — but structurally, bitcoin’s trend remains intact.

Beyond near-term volatility, bitcoin continues to capture the imagination of a younger generation of investors. In a recent episode of the Unchained podcast, Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, described how bitcoin’s appeal increasingly transcends traditional financial goals.

According to Park, many younger people no longer aspire to own suburban homes or pursue the white-picket-fence ideal. Instead, they’re focused on becoming “wholecoiners” — those who own at least one full bitcoin — as a new form of prestige and long-term security. For some, the goal even extends beyond personal wealth to securing a financial legacy across generations, reflecting the popular meme of “retiring your bloodline.”

Park added that bitcoin’s global, apolitical nature is central to this shift. It offers a shared value system, allowing people worldwide to “opt out” of systems they no longer trust. That sentiment is fueling a cultural pivot: bitcoin is no longer just a hedge or speculative asset, but for many, it has become a social signal of financial independence and self-sovereignty.

As BTC holds above $105K and macro catalysts loom, the contrast between short-term fear and long-term conviction has rarely been sharper.

Technical Analysis Highlights

  • BTC traded between $104,480.15 and $105,696.12, closing near $105,590, up 0.15%, according to CoinDesk Research’s technical analysis model.
  • Support was reinforced in the $104,400–$104,500 zone, with high-volume accumulation during the 16:00–20:00 GMT window.
  • A bullish reversal followed at 21:00, driving BTC above $105,000 on strong volumeIntraday breakout occurred at 02:01, with price jumping from $105,486 to $105,550 on elevated activity.
  • Consolidation above $105,470 suggests further upside potential toward $106,000, pending sustained demand.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.



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GameFi Guides

Gold Reasserts Safe Haven Status, But Bitcoin’s Path May Be Brighter: Analysts

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In brief

  • Gold has outpaced Bitcoin in recent days, reversing an earlier May trend.
  • Gold has surged by roughly 27% year-to-date, while Bitcoin is up about 12%.
  • Bitcoin exchange-traded funds have collected more cash than their gold counterparts in recent weeks.

Bitcoin sank on Thursday and Friday, continuing its decline for much of the past week as investors pivoted away from the world’s most valuable cryptocurrency in favor of the most traditional safe haven asset: gold.

This recent trend appeared to restore the paths that the two assets have traveled for most of 2025, with gold’s gains outpacing those of BTC. 

“There’s no denying it, gold had a great year. Especially during the tariffs—even if you’re a hardcore Bitcoiner, you have to respect what gold did in the first quarter,” Bloomberg ETF analyst Eric Balchunas told Decrypt. 

The two assets have drawn increasing attention as the Trump administration’s trade war has raised fears of rising inflation and global economic slowdown. But gold has spiked a whopping 27%, while Bitcoin is up about 12% year-to-date. 

That trend started to reverse earlier this month as Bitcoin reached an all-time high near $112,000 and gold fell from its previous record above $3,440 per ounce. But now Bitcoin has fallen ore than 6% from the peak, and gold remains closer to its own recent high.



The “gold story is not exactly over,” Christopher Wong, FX strategist at Oversea-Chinese Banking Corp, told Decrypt, noting Moody’s stripping of the U.S.’s last top credit rating. 

“This adds to doubts over the U.S. dollar as a safe haven and should structurally weigh on the dollar over time,” he said. “In times of economic uncertainty and a lack of safe haven, gold’s appeal as a true safe haven stands out and remains a reliable portfolio diversifier.”

Still, Bitcoin may have the brighter prospects, some analysts have suggested, as traditional finance firms increase their participation in the space to meet investor demand.

CoinShares Head of Research James Butterfill noted to Decrypt that Bitcoin funds have added about $7.3 billion since late April, while gold exchange-traded funds have shed approximately $4.9 billion.

And the spot Bitcoin ETFs approved by the SEC last year now have about $127 billion in managed assets, led by BlackRock’s iShares Bitcoin Trust (IBIT)—which was the fastest fund in history to reach $10 billion—holding nearly $70 billion of that total. 

“Since IBIT launched, it’s still doubling gold,” Butterfill said. “To me, it’s like gold won the third set of a tennis match it’s losing. Gold won the battle, [but] Bitcoin is still winning the war.”

He further noted that “over the last five weeks, the flows data suggest BTC is winning.”

Edited by James Rubin

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Elden Ring Nightreign: Every Status Effect, Explained
Game Reviews

Elden Ring Nightreign: Every Status Effect, Explained

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Image: FromSoftware

Elden Ring Nighreign is a challenging game that’ll keep you and your friends on your toes during every tense run across its dangerous map. But in addition to punishing enemies and deadly traps, you’ll also need to be aware of status effects, which can do quite a lot to disrupt your progress. Below, we’ll give you a rundown of each status effect and how you can heal it, so that you can prepare for what lies ahead.

The Most Sought After Elden Ring Sword Has A Storied History

All status effects in Elden Ring: Nightreign and how to cure them

There are seven status effects you’ll need to keep an eye out for in Elden Ring Nightreign. But luckily, there are ways to reduce your buildup of the effects or cure them if you’re already affected.

  • Poison: When affected by Poison, your character takes constant moderate damage. Use Neutralizing Boluses to alleviate the buildup of this status effect.
  • Scarlet Rot: When affected by Scarlet Rot, your character takes constant heavy damage. Use Preserving Boluses to alleviate the buildup of this status effect.
  • Blood Loss: When affected by Blood Loss (frequently called Bleed), your character receives a chunk of damage proportional to your total HP. Use Stanching Boluses to alleviate the buildup of this status effect.
  • Frostbite: When affected by Frostbite, your character takes increased damage for a period. Use Thawfrost Boluses to alleviate the buildup of this status effect.
  • Sleep: When affected by Sleep, your character does exactly as you’d expect and falls asleep, rendering you defenseless for a bit. Use Stimulating Boluses to alleviate the buildup of this status effect.
  • Madness: When affected by Madness, your character takes significant damage to both HP and FP. Use Clarifying Boluses to alleviate the buildup of this status effect.
  • Death Blight: When affected by Death Blight, your character will immediately die. Shit. Use Rejuvenating Boluses to alleviate the buildup of this status effect.

Try not to get caught without the necessary items needed to keep yourself healthy out there. But hey, even if you die, you can always jump right back in for another run, so it’s not that big of a deal.

If you think you can stomach all these status effects, check out Elden Ring Nightreign now on PS5, Xbox Series X/S, and Windows PCs.



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Wall Street Ponke breaks 300k in hours and sets sights on 100x memecoin status
Crypto Trends

Wall Street Ponke breaks 300k in hours and sets sights on 100x memecoin status

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Wall Street Ponke raises $300k fast, aiming to restore integrity to memecoins with AI tools that protect and empower traders.

Wall Street Ponke is not just another memecoin riding the trend, it’s a statement. Launched with a bold mission to restore value and integrity to the memecoin space, this project has already raised over 300,000 dollars in its opening presale hours. That kind of explosive momentum shows there is serious demand for memecoins with substance. Investors are no longer just chasing hype, they’re looking for purpose , and Wall Street Ponke delivers exactly that.

The project was born from a rejection of what the memecoin space has become. Too many coins launch with flashy branding and empty promises, leaving behind a trail of disappointed investors. Wall Street Ponke stands against that. Its core vision revolves around empowering traders with tools that genuinely matter. At the heart of its platform is an artificial intelligence engine that scans new tokens and detects red flags in real time. This feature gives users the kind of insight that can help them avoid scams, fake liquidity, and other traps that plague the crypto market.

Wall Street Ponke launches e-learning hub to educate and empower all levels of traders

In addition to fraud detection, the project is rolling out an e-learning center focused on trader education. Whether someone is a beginner trying to understand basic crypto terms or an experienced holder looking to deepen their  market strategy, Wall Street Ponke provides interactive and useful content tailored to real-world crypto situations. 

Wall Street Ponke is creating an ecosystem where traders can actually grow and trade smarter, not just hope for luck.

But what’s really catching the community’s attention is how quickly this vision is turning into reality. The fact that the presale crossed 300k in just hours is not just a number, it’s a sign. A sign that the market is tired of the same recycled narratives and is finally supporting projects that bring utility, ethics, and long-term thinking into the world of memecoins. Wall Street Ponke is here to change the game, and early backers know they might be sitting on the next 100x opportunity.

 For more information, visit the official website, X and Telegram.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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