Coincidences or not, several other AI tokens also benefited from bullish news in September, drawing more attention to the sector.
For example, OpenLedger (OPEN) surged 135% after listing on Binance. More recently, Coinbase and Upbit listed FLOCK, sending the token up more than 200% to a new all-time high.
In conclusion, Worldcoin’s rise and the excitement of Korean traders are contributing to the surge in AI tokens this September.
The widespread rally across the AI sector also signals that retail investors are beginning to reallocate capital after two months of stagnation, during which the altcoin market capitalization (TOTAL3) hovered around $1 trillion.
Event focus: The Jackson Hole Economic Policy Symposium takes place August 21–23, 2025, with Fed Chair Jerome Powell’s speech set for Friday at 14:00 GMT.
Rate cut expectations: Markets see an 83% chance of a 25 bps rate cut on September 17, down from 94% last week.
Dollar impact: Lower interest rates tend to weaken the dollar and boost risk assets, such as stocks and crypto.
Powell's tone matters: A dovish Powell could fuel an EUR/USD breakout; a hawkish tone might trigger profit-taking.
EUR/USD setup: The EUR/USD pair is up 13% year-to-date, and is trading near 1.168, just below key resistance at 1.182
Neutral technicals: A flat MACD and RSI at 50 reflect market indecision ahead of Powell’s remarks.
Bitcoin trades above $77,000 as oil's 5% slide pushes Asian equities higher
Oil’s 5% drop on potential Strait of Hormuz reopening boosted Asian equities and supported crypto sentiment.
What to know:
Bitcoin trades near $77.2K, holding above its 50-day average, while ETH, XRP, and SOL lag below theirs. Oil’s 5% drop on potential Strait of Hormuz reopening boosted Asian equities and supported crypto sentiment. Caution persists as ETF outflows exceed $2 billion in two weeks. Traders and chart analysts monitor this key level closely, with sustained breakouts above it typically viewed as bullish.Other major cryptocurrencies were also modestly higher. S. Secretary of State Marco Rubio said that Washington and Iranian negotiators have "a pretty solid thing on the table" and a deal to end the war between the two countries could be reached Monday
"For crypto, the key signal is whether ETF outflows slow. Bitcoin can absorb some institutional selling if stablecoin liquidity remains firm and long-term holders stay patient. Sustained ETF redemptions would make every rally harder to hold," Timothy Misir, head of research, BRN, said in an email.
The sentiments improved after reports of progress in U.S.–Iran peace talks, including a possible reopening of the Strait of Hormuz
Bitcoin heads higher as President Trump announces Iran peace agreement
"An Agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, and the various other Countries," wrote President Trump late Saturday afternoon.
What to know:
Down sharply earlier Saturday, bitcoin moved to gains on the day after President Trump announced a peace agreement with Iran and other Middle Eastern countries.
As part of the deal, Trump said, the Strait of Hormuz will be reopened.
"In addition to many other elements of the Agreement, the Strait of Hormuz will be opened," the president continued.
Trump says peace agreement with Iran 'largely negotiated'
WASHINGTON/TEHRAN/ISLAMABAD - US President Donald Trump announced Saturday that a peace agreement with Iran has been "largely negotiated", subject to finalization between the United States, Iran and other relevant countries in the Middle East. As part of the agreement, the Strait of Hormuz will be opened, Trump said in a post on Truth Social.
Final aspects and details of the deal are being discussed and will be announced shortly, he said.
On Saturday afternoon, Trump spoke by phone with Gulf and other regional leaders to review Iran's latest proposal.
'A lot closer' to finalizing deal
He also said the US and Iran are "getting a lot closer" to finalizing an agreement between the two countries, CBS News reported.
The latest proposal includes a process to re-open the Strait of Hormuz, the unfreezing of some Iranian assets held in foreign banks, and a continuation of negotiations, according to the CBS report.
'Progress made in Iran talks'
Responding to a media query during his India visit on Saturday, US Secretary of State Marco Rubio confirmed that progress has been made in the talks with Iran.
Rubio said that the United States "will have something to say" regarding the talks in the coming days.
Bitcoin Dives Below $75K for First Time in a Month as Crypto Liquidations Near $1 Billion
Bitcoin is starting to rebound after a rocky night that saw the top cryptocurrency by market cap dive below $75,000 for the first time in over a month, dipping as low as $74,344 in the early hours of Saturday.
The coin is currently trading around $75,500, showing a 1.8% drop over the last 24 hours and 2.7% in the last week. Bitcoin had traded above the $80,000 mark as recently as last week before leading a broader crypto market dip in the days since.
Other major cryptocurrencies are showing similar declines, with Ethereum falling 2.7% in the last day to a recent price of $2,059 and Solana declining over 3% to a price of $84.
Thanks to Bitcoin's overnight dip below the $75,000 mark, a growing pile of crypto futures positions has been liquidated in the last day. CoinGlass currently shows $917 million worth of liquidations during the past 24 hours, led by Bitcoin with $371 million worth and Ethereum at about $261 million worth.
Long positions—or bets that an asset's price will rise—dominate the carnage with $827 million worth of liquidations.
While there's no immediately obvious trigger for Bitcoin's latest leg down, the dip below $75,000 comes as Bitcoin ETFs had a terrible week, shedding over $1.25 billion worth of investments amid a six-day streak of outflows per data from Farside Investors.
Rising U.S. Treasury yields may have contributed to the ETF outflows, which then pummel the price of Bitcoin, an industry executive told Decrypt earlier this week.
Open ledger navigates crypto-ecosystem and navigates it
Large Language Models (LLMs) like GPT-3 have transformed various industries by automating tasks and enhancing experiences. However, LLMs often struggle with specialized, industry-specific applications due to their broad training data. Specialized Language Models (SLMs) address these limitations by focusing on specific domains, which provide more accurate and relevant responses for industry-specific needs. OpenLedger is revolutionizing AI by creating specialized SLMs and integrating them with blockchain technology. Through payable AI, OpenLedger enables users to monetize their AI models and data contributions, fostering a transparent and collaborative ecosystem. This combination ensures high-quality, domain-specific outputs and secure, verifiable transactions. Key Features of OpenLedger Decentralized Trust Infrastructure: OpenLedger’s decentralized trust infrastructure ensures that data integrity and transparency are maintained throughout the platform. By decentralizing control, OpenLedger eliminates the risk of a single point of failure and reduces the likelihood of data manipulation.Datanets: Datanets are a crucial component of OpenLedger. They are responsible for collecting and curating high-quality data from various sources. This data is essential for training specialized language models (SLMs) that are accurate and relevant to specific industries.Specialized Language Models (SLMs): OpenLedger focuses on developing SLMs that cater to the unique needs of different industries. Unlike general language models, SLMs are trained with domain-specific data, which allows them to provide precise and contextually appropriate responses.Payable AI Models: One of OpenLedger’s innovative features is the concept of payable AI models. This system enables users to monetize their AI models and data contributions. Contributors can earn rewards by participating in the creation and refinement of these models.Blockchain Integration: Integrating blockchain technology with AI provides several benefits. Blockchain ensures that all transactions are secure, transparent, and verifiable. This adds an extra layer of trust and accountability to the platform.Founded in 2024, OpenLedger is supported by a dedicated team of core contributors who bring their expertise and vision to the platform. Key team members include Kamesh and Ramkumar Subramanian. These core contributors drive OpenLedger’s mission forward, ensuring the platform’s continuous development and success.#open
OpenLedger (OPEN) is a purpose-built blockchain network designed to decentralize artificial intelligence by creating a transparent, on-chain economy for data, AI models, and autonomous agents.
1. Purpose & Value Proposition OpenLedger addresses a core flaw in the current AI economy: centralized models profit from data while contributors go uncompensated
2. Technology & Architecture The platform operates through a specialized, multi-layer architecture. Datanets are decentralized networks where users contribute and license specialized datasets
Tokenomics & Ecosystem Utility The OPEN token is the native asset and economic engine of the network
Conclusion OpenLedger is fundamentally an infrastructure project aiming to build a decentralized, accountable, and economically fair layer for the development and use of artificial intelligence. As regulatory scrutiny on AI increases, how effectively can its Proof of Attribution mechanism become the standard for verifiable intelligence?
Bitcoin miners tied to AI rise as Nvidia posts big earnings beat and strong outlook
Nvidia's stronger-than-expected results and bullish AI outlook lifted crypto mining stocks tied to data center and high-performance computing demand, even as the chipmaker's shares fell due to growth concerns.
What to know:
Nvidia reported first-quarter revenue of $81.62 billion, up 85 percent from a year earlier and above Wall Street expectations, as AI infrastructure demand continued to surge.
Data Center now accounts for more than 90 percent of Nvidia’s revenue, prompting the company to reorganize its reporting into two segments: Data Center and Edge Computing.
Nvidia forecast roughly $91 billion in revenue for the current quarter, announced an $80 billion stock buyback and a sharply higher dividend, and said its outlook excludes any Data Center compute revenue from China.
Investors have closely watched Nvidia’s earnings for signs that spending on AI infrastructure remains strong despite growing questions about how quickly companies will turn those investments into profits.
Bitcoin is falling, bond yields are rising. Yet BTC’s implied volatility, an uncertainty gauge, remains low. BTC's implied volatility remains low despite the recent price selloff. Options specialist prefers a long straddle strategy in this scenario.
What to know:
The 30-day Bitcoin Volatility Index (BVIV) is hovering around 42%, which appears unusually cheap given the mounting macroeconomic uncertainty and recent ETF outflows.
Options specialist says the low implied volatility makes long volatility strategies such as straddles an appealing trade.
Normally, this kind of situation has traders scrambling to buy options, derivative contracts that provide protection from price volatility, resulting in an uptick in the implied or expected volatility. But that’s not the case so far.
Bitcoin’s annualized 30-day implied volatility index, BVIV, has held steady at around 42%, just above a year-to-date low of 40%, according to TradingView data. That looks cheap when viewed against the backdrop of falling prices and rising yields. In other words, the market may be underpricing the actual uncertainty and risk brewing beneath the surface. Volatility traders, therefore, could step in, betting that this current calm is simply the quiet before a bigger storm. #GoogleLaunchesGemini3.5Flash #CFTCChallengesMinnesotaPredictionMarketBan #Trump'sIranAttackDelayed #TrumpOrdersFedCryptoPaymentRailsReview
U.S. House lawmakers who oversee the CFTC are urging Trump to fill the commission As the Commodity Futures Trading Commission takes on a growing task to police U.S. crypto trading, senior lawmakers are saying it needs bipartisan leadership.
What to know:
A bipartisan letter from key members of the U.S. House of Representatives has asked President Donald Trump to name a full slate of commissioners to the Commodity Futures Trading Commission — including Democrats. The top Republican and Democrat on the committee that oversees the agency argued that the public will be "best served" by a full, five-member commission, especially as it takes on new crypto duties.
Crypto majors bid higher Friday after the Digital Asset Market Clarity Act cleared the Senate Banking Committee in a 15-9 bipartisan vote, with XRP and dogecoin leading the cohort even as broader risk assets sold off on Trump's comments that the US does not need to reopen the Strait of Hormuz. What to know: Bitcoin climbed back above $81,000 and major cryptocurrencies advanced despite broader macroeconomic selling pressure.The U.S. Senate Banking Committee approved the bipartisan Clarity Act, a key step toward comprehensive crypto market structure legislation that now heads toward a merger with a similar Agriculture Committee bill.XRP led gains among major tokens as investors bet that clearer U.S. rules, including the Clarity Act’s separation of payment stablecoins from investment assets, will ease regulatory overhangs on its use case.The Clarity Act vote was the first major bipartisan move on crypto market structure legislation in months. Senate Banking Committee Chairman Tim Scott managed a last-moment maneuver to admit amendments he had earlier rejected, winning over two Democratic votes and securing the 15-9 margin after several hours of partisan sniping. The bill now moves to a merger with a similar version approved earlier by the Senate Agriculture Committee in a party-line vote. The merged legislation will then face a full Senate vote, followed by the U.S. House of Representatives. Several substantive issues remain unresolved, including law enforcement concerns and an ethics provision that several Democrats have flagged as a condition for their broader support.XRP's outperformance reflects the regulatory tailwind landing directly on its addressable case. The token has been the most directly affected by U.S. legal uncertainty since the SEC's case against Ripple Labs, and clearer market structure legislation removes one of the structural overhangs that has weighed on the price. President Trump said the U.S. does not need to reopen the Strait of Hormuz, sending Brent crude higher and deepening concerns about elevated energy costs feeding into inflation. MSCI's Asia Pacific equity index fell 1.1%, U.S. equity futures slipped 0.2%, and the Treasury 10-year yield climbed four basis points to 4.52%. Japan's 10-year yield jumped as much as seven basis points after domestic producer prices rose at the fastest annual pace since 2023. The dollar gained for a fifth straight day on haven demand #MoscowExchangeCryptoTrading #StriveQ1Results15009BTCHoldings #USPPISurge
Bitcoin back above $81,000 after hot CPI print, BNB, DOGE lead majors gains
Bitcoin rolled back to $81,200 after dipping to $79,800 on Tuesday's hotter-than-expected U.S. inflation reading, while BNB zoomed 2.5% over 24 hours and dogecoin added 1.3% as crypto funds saw their strongest weekly inflows in months.
What to know:
Bitcoin briefly dipped on a hotter-than-expected April inflation reading but quickly rebounded to about $81,000, signaling aggressive dip-buying and resilience to macro jitters. Crypto funds saw $858 million in inflows last week, led by bitcoin products and the largest weekly unwind of bitcoin short positions this year, pointing to fading bearish bets even as traditional markets wobbled. Analysts say bitcoin is pausing below its downward-sloping 200-day moving average after a rally, with structural buyers and regulatory tailwinds like the CLARITY Act compromise supporting the market ahead of key Senate and economic events.
Among the majors, BNB led with a 2.5% gain to $677, while dogecoin added 1.3% to $0.1114. Ether dropped 0.3% over 24 hours to $2,300 and is now down 3.2% on the seven-day, the laggard of the cohort. Solana slipped 0.6% to $95.52. XRP traded at $1.45, down 0.5% on the day.
Asian equities clawed back early losses after the White House confirmed Nvidia CEO Jensen Huang would join President Donald Trump's trip to China
The flows underneath crypto are still positive. CoinShares reported global crypto fund inflows of $858 million last week, with bitcoin products absorbing $706 million, ether $77 million, solana $48 million, and XRP $40 million.
For now, bitcoin holding $81,000 after a CPI print this hot and a Treasury yield setup this tight is the kind of behaviour that suggests structural buyers are still active under the price. Whether that holds through next week's Senate markup and the next round of macro data is the next test. #TrumpVisitsChina #BitcoinRatioAbove200DMA #TokenizedTreasuryTVL$15.35B #BitcoinBelow79K $BTC $ETH $BNB
Kevin Warsh to face resurgent inflation and an impatient Donald Trump as chair of the Fed
Kevin Warsh will be thrust into an “impossible” position when he takes the helm of the Federal Reserve as he battles against the inflation triggered by the Iran war and President Donald Trump’s calls for lower rates, economists warn.
Warsh, Trump’s nominee to replace Jay Powell as Fed chair, is expected to be confirmed by the Senate as early as Wednesday, paving the way for his appointment as the world’s most influential central banker
At the same time, Trump and the president’s top economic officials are relentlessly demanding interest rate cuts, while the Supreme Court is weighing whether to allow the president to sack Fed governor Lisa Cook. He’s coming into office in complicated circumstances, to put it delicately,” said David Wilcox, a former Fed economist who is now at the Peterson Institute think-tank. “He really is caught in an impossible situation between a president who is insistent on rate cuts and an inflation scenario that is problematic.” #BinanceOnline #FedChairTransitionNears #MARAsNetLossWidensto$1.3BillioninQ1 #IranRejectsUSPeacePlan $BTC $ETH $BNB
U.S. added 115K jobs in April, nearly doubling expectations
The data comes ahead of what's expected to be a new Federal Reserve chairman taking the reins at the U.S. central bank later this month.
What to know:
-The U.S. jobs report for April was stronger than expected.
U.S. stock index futures added to earlier gains, the Nasdaq 100 higher by 0.9%. The 10-year Treasury yield fell 2 basis points to 4.37%. Though off their highs, oil prices have remained elevated, with uncertainty around the Strait of Hormuz keeping energy markets on edge. Higher crude prices risk feeding into headline inflation while also weighing on consumer spending and economic activity. #CathieWoodandCZDiscussAIandStablecoins #TomLeeonBitMineSlowingETHPurchases #JapanOnchainBondsand24/7Trading #ADPPayrollsSurge
-Bitcoin was holding at $80,200 in the minutes following the release.
-The news comes ahead of the confirmation of a new Fed chairman, Kevin Warsh, expected later this month.
US private employers added 109,000 jobs in April in the fastest monthly gain since January 2025, payroll processor ADP said Wednesday.
Economists surveyed by Bloomberg had expected an increase of 120,000 roles after February and March each posted an excess of 60,000 positions. ADP’s report may build on the sentiment that the labor market is showing some signs of stability after a bleak 2025. #ADPPayrollsSurge #IranDealHormuzOpen #USAprilADPPayrollsBeatExpectations $BTC $ETH
Cryptocurrency market is exhibiting cautious optimism, with Bitcoin (BTC) hovering around the $79,000 – $80,000 range after a volatile start to the month. The market is experiencing a potential rebound following a sharp decline in late April, driven by a mixture of geopolitical developments, institutional inflows, and anticipation of upcoming policy shifts. Key takaways:
-Bitcoin (BTC) Market StatusPrice Action: Bitcoin has shown resilience, holding above key support levels near $76,000–$77,000, and testing the $80,000–$81,000 resistance level.
-Driving Factors: The recent surge is supported by strong inflows into spot Bitcoin ETFs, often exceeding $300M–$600M in daily sessions as institutional buyers accumulate on dips.
-Macro Impact: Bitcoin's performance is currently linked to cooling US inflation data and anticipation of potential Federal Reserve rate cuts following weak April job reports, which indicate a possible economic contraction.
-Geopolitical Factors: Defensive actions by the U.S. in the Middle East, specifically in the Strait of Hormuz, initially caused market jitters but later stabilized, assisting the risk-on sentiment in the crypto market.
Key Trends & Upcoming Events
-Consensus 2026: The conference in Miami (May 5–7) is expected to drive market sentiment with potential announcements on tokenization and regulatory clarity.
-Regulatory Focus: The industry is heavily focused on the U.S. SEC’s regulatory interpretation of digital assets, including discussions on the Clarity Act.
Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal
The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per coin, worth roughly $22.9 million
The sale follows a nearly identical 10,000 ETH transaction completed just one week earlier at $2,387 per coin. The Foundation's first sale to BitMine came in March, when it sold 5,000 ETH at around $2,043. Combined, the Foundation has sold approximately $47 million worth of ETH to BitMine in the past week alone.
The Foundation has faced scrutiny over its ETH sales before, and at one point last year said it planned to limit them. It has since moved to offset some of that pressure by staking a portion of its holdings.
BitMine nears 5 million ETH
BitMine, chaired by Tom Lee, is the largest Ethereum treasury company by holdings, with nearly 5 million ETH on its books. The milestone was reached after the firm added 101,901 ETH in its biggest weekly purchase of the year.