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Bitcoin is sliding again, dropping one point seven percent to eighty-three thousand dollars as broader crypto markets give back Friday's gains. The CoinDesk one hundred index fell two point six percent, with oil climbing back above one hundred dollars per barrel adding pressure as traders watch incoming inflation and jobs data closely.
Shifting from markets to the workplace, a new Adobe Acrobat study is raising uncomfortable questions about how AI is actually spreading inside companies. Ninety-nine percent of C-suite leaders report using AI tools regularly, while just forty-one percent of non-management employees say the same. That gap suggests the productivity benefits of AI may be concentrating at the top, leaving most workers behind.
And in California, Governor Gavin Newsom has signed legislation banning public officials from issuing meme coins and barring exchanges from listing tokens tied to politicians. It is a notable move to draw a cleaner line between political office and the crypto economy, and one that other states will likely be watching carefully.
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