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Elon Musk's AI Company Debuts ChatGPT Rival 'Grok;' XRP Rallies 10%

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including Elon Musk’s new AI company, xAI revealing a new AI bot to rival ChatGPT. There are new developments in crypto exchange FTX's bankruptcy saga. And, a closer look at what is driving XRP's price 10% higher in the last 24-hours as bitcoin (BTC) holds firm above $35,000 on Monday.

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Here's Why Bitcoin Will 10X From Here: Michael Saylor

"For the industry to move to the next level, we need to migrate to adult supervision," said the MicroStrategy executive chairman.

MicroStrategy Executive Director Michael Saylor (CoinDesk)

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Bitcoin Round-Trips Its Way Back Under $35K as Fidelity's Timmer Calls It 'Exponential Gold'

The world's largest crypto remains in the green over the past 24 hours, but has slumped nearly 4% from its overnight high.

All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset. (Unsplash)