Crypto World
Bitcoin climbs to $78,000 as crypto sits out the AI selloff
Bitcoin rose 1.9% since midnight UTC while Nasdaq 100 index futures fell 1.65% on calls to slow AI development and crude gained almost 4% on a Saudi pipeline closure.
Elon Musk signaled on September 14 that Grok 5, xAI’s next major model, is the version he expects to reach artificial general intelligence (AGI).
The billionaire made the claim across two related posts on X, sparking immediate debate among researchers and traders alike.
What Musk Actually Said About Grok 5
Artificial general intelligence, or AGI, describes AI systems capable of matching or exceeding human performance across a wide range of intellectual tasks, rather than excelling at narrow, specific functions. That distinction sits at the center of Musk’s latest comments.
Earlier that day, Musk announced that Grok 4.8, a 2.5-trillion-parameter model built on xAI’s new C++ software stack, would finish training within the week and move into reinforcement learning. When a user asked how close Grok 4.8 would come to AGI, Musk replied simply: “That will be Grok 5.”
He followed up minutes later with a clearer roadmap. Grok 4.7, he said, performs roughly on par with Anthropic’s Opus 5.0, stronger in some areas and weaker in others, with multimodal capabilities still needing work.
Grok 4.8 would deliver a noticeable improvement, while Grok 4.9 would likely reach Astra or Fable-class performance. Looking further ahead, Musk wrote: “Grok 5 maybe better than anything. We shall see.”
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xAI has pursued aggressive scaling since launch, combining massive compute clusters with distinctive data sources, including real-time information from X and specialized engineering knowledge drawn from SpaceX.
That approach has enabled the company to close performance gaps with longer-established labs in a comparatively short timeframe.
Why Does This AGI Timeline Matter Right Now?
If Grok 5 delivers capabilities at or beyond human-level performance, the implications extend well beyond chatbot benchmarks.
Musk has previously argued that advanced AI systems could dramatically expand global economic output within just a few years, accelerating progress across fields ranging from scientific research to robotics and software development.
That same potential carries serious risk, however. Current concerns center on systems pursuing goals misaligned with human values, the difficulty of maintaining reliable control once models exceed human intelligence in key domains, and the possibility of rapid, hard-to-predict capability jumps.
Job displacement, concentration of power among a handful of companies, and the misuse of powerful models by bad actors round out the list that experts continue debating.
The timing adds an unusual wrinkle. Musk made these AGI comments the same day he publicly backed a separate call from Anthropic’s Dario Amodei, urging the AI industry to slow the pace of capability development, a pairing that highlights the tension between racing toward AGI and simultaneously warning about its dangers.
Whether Grok 5 ultimately fulfills Musk’s expectations remains genuinely uncertain. xAI’s trajectory nonetheless underscores two things happening at once: the accelerating pace of frontier AI progress, and the growing urgency around addressing the risks that progress brings, even according to the people building it.
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The post Elon Musk Drops a Bombshell: Grok 5 Could Be the AGI Breakthrough appeared first on BeInCrypto.
Futures for the Dow Jones Industrial Average and the other major stock indexes traded lower Monday as oil prices jumped amid the U.S.-Iran conflict. The Nasdaq took the brunt of the pain as Nvidia (NVDA) and other artificial intelligence stocks sold off on the stock market today after industry leaders called for slowing AI model development. Ahead of Monday’s open,…
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Blockchain Week Bulgaria has confirmed its agenda and speaker lineup for both flagship conferences: ETHSofia, taking place Sept. 24, and F3: Future Finance Forum, taking place Sept. 25. The two-day event will bring more than 50 confirmed speakers to Sofia Tech Park.
The program spans from Ethereum’s technical core to the institutions moving regulated finance onchain.
Speakers confirmed across both conferences include representatives from Chainlink Labs, J.P. Morgan Payments, Bitpanda, CertiK, ChainSecurity, Crédit Agricole CIB, Commerzbank AG, the Digital Euro Association, Eversheds Sutherland, Franklin Templeton, the Bulgarian Stock Exchange, the Bulgarian Financial Supervision Commission, and the Ethereum Foundation.
ETHSofia, Third Edition: Program Highlights and Speakers
Now in its third edition, ETHSofia brings together developers, protocol teams, founders, and security researchers to dig into the technical core of the Ethereum ecosystem.
This year’s agenda covers smart contract security and OPSEC, DeFi, RWA tokenization, Ethereum development, onchain privacy, scaling, and self-custody. Security specialists from CertiK and ChainSecurity, infrastructure builders from Chainlink Labs and Aave Chain Initiative, and voices from the Ethereum Foundation are among those taking the stage.
“I work on the EU rules that decide how crypto-asset markets, AML compliance and privacy on public, permissionless blockchains fit together, not traded off against each other. Ethereum’s CROPS framework gets that right: privacy has to be non-negotiable at the protocol level, and EU law needs to make room for it across payments, compliance and infrastructure alike.” Vyara Savova, Senior Policy Expert, European Ethereum Institute.
F3: Future Finance Forum, Banks, Regulators, and Asset Managers on the Same Stage
F3 puts the institutional side of digital assets front and center, bringing banks, regulators, and asset managers onto the same stage to discuss how tokenization, custody, and digital-asset infrastructure are moving from pilot to production.
Confirmed speakers include representatives from J.P. Morgan Payments, Crédit Agricole CIB, Commerzbank AG, Franklin Templeton, Bitpanda, the Digital Euro Association, Eversheds Sutherland, the Bulgarian Stock Exchange, and the Bulgarian Financial Supervision Commission, covering MiCA and the regulatory landscape in Bulgaria, institutional digital-asset portfolios, RWA, custody, payments, and AI-driven financial infrastructure.
“The digital euro’s decisive challenge is adoption, not technology. Europe should position it as a sovereign public settlement layer, with banks and fintechs leading and competing on the customer experience above it. Without compelling economics, seamless integration, and clear everyday utility, it risks becoming technically impressive infrastructure with limited relevance.” Bojidar Ibrishimov, VP Growth & Innovation at Wiser
Tickets Are Still Available
Tickets for Blockchain Week Bulgaria are currently available, including a combined ticket giving access to both ETHSofia and F3: Future Finance Forum. The combined experience also includes networking opportunities, lunch and coffee breaks, the closing party, and event swag.
Tickets can be purchased through the official Blockchain Week Bulgaria website: https://www.blockchainweek.bg/get-tickets
About Blockchain Week Bulgaria
Blockchain Week Bulgaria brings together Ethereum builders, financial institutions, regulators, and the wider Web3 community for a week of conferences, workshops, and networking at Sofia Tech Park, positioning Sofia within Europe’s growing digital infrastructure landscape.
The event is made possible by its partners and sponsors, including UEB3, Pashov Audit Group, Bitomat, Unramp, BenchMark, Altcoins, Tangem, Trezor, Bett’r, and mömax, whose support has been essential in bringing the week to life.
For questions, contact us at partners@blockchainweek.bg
The post Blockchain Week Bulgaria Unveils Agenda appeared first on BeInCrypto.
[PRESS RELEASE – Willemstad, Curaçao, September 14th, 2026]
BetFury, a leading crypto casino, is setting sail this autumn with Fury Cruise: All Aboard – a platform-wide event running from September 14 to 27, 2026. Across two weeks, players can participate in a series of promotions featuring the $100,000 prize pool. One ultimate destination sits above the rest: one fortunate user will win a full week of VIP Club status on BetFury, regardless of their current platform Rank.
What’s Inside the Fury Cruise
The event runs on BetFury crypto casino with several promotions in parallel across the entire two-week period. They include the Mission Voyage, a Check-In Bonus Roulette, a First-Class Raffle, lucrative giveaways, and various exclusive Promo codes.
Check-In Bonus Roulette
Each day aboard brings a fresh turn on deck. The Check-In Bonus Roulette works as a bonus randomizer, and every spin can land Free Spins, Bonus Bets, a Deposit Bonus, and more. It rewards players for staying active through the event, with each check-in during the voyage opening another chance at a prize.
First-Class Raffle
The First-Class Raffle is where a single ticket can move a player to first class. It carries the event’s headline prize, with tickets issued for wagering across Slots, Live, Original games, and crypto Sports Betting, or for making a deposit. Alongside a share of the $100,000 pool, one random passenger takes the unique reward: a full week of VIP Club status, drawn regardless of Rank and announced on September 28.
Becoming a VIP means more than just gaining status and extra rewards like a VIP Welcome Bonus. Club members receive a personal VIP Manager, increased Cashback and Rakeback, withdrawal priority, the VIP Lounge, and other exclusive perks.
“VIP status is usually something a player climbs toward over months,” said Mike, CEO of BetFury. “For the Fury Cruise, we wanted to open that door in a single event, no matter a player’s Rank. That is the whole idea behind it: the best cabin on the ship is available to everyone aboard.”
To take part in the Fury Cruise: All Aboard, visit the main event page.
About Mission Voyage
Every voyage needs a route, and Mission Voyage charts yours. The missions are a set of simple tasks, sorted into three Rank categories so every passenger sails a fair course. Each user receives five missions, with two days to clear each leg of the trip. Completing all five tasks unlocks an additional reward.
About BetFury
Established in 2019, BetFury is a leading crypto casino with over 3.5M registered players and $11.5B in lifetime wagering volume. The platform offers over 13,000 games, including 24 Original games with an RTP of up to 99.28%, and 80+ sports for betting with highly competitive market odds. Beyond gaming, BetFury provides a full suite of advanced crypto utilities, including Crypto Staking with up to 60% APR, Futures, and Crypto Swap. Moreover, the platform features proprietary BFG Staking, enabling users to hold native tokens to earn daily passive payouts in either BFG or USDT. BetFury continuously evolves based on user feedback and remains deeply committed to responsible gambling practices.
The post BetFury Launches $100,000 Fury Cruise: All Aboard With an Opportunity To Become a VIP appeared first on CryptoPotato.
President Donald Trump agreed to expanded conflict-of-interest rules and state-level enforcement powers to secure key Senate votes for the Clarity Act.
The Bank of Japan (BOJ) meets Thursday and Friday and is widely expected to raise its policy rate to 1.25%, the highest level since April 1995. Japan’s short-term bond yields have already gone vertical ahead of the decision.
Japanese government bonds, the yen, and Tokyo stocks are all repricing hard. Bitcoin (BTC) is not following, and that divergence faces its first real test this week.
Japan’s Short End Went Vertical Ahead of the Rate Hike
Japan’s six-month bill yield closed near 1.335% on Friday. Two years ago, the same maturity traded below zero.
The 2026 climb shows almost no pullback. That pattern suggests traders keep revising their view of where rates end up, faster than the central bank delivers.
A Reuters poll published Friday found 66 of 68 economists expect a hike this week. Almost 90% see 1.50% by the end of March. Reports last week also signaled a faster tightening pace, with another move possible in 2026.
This Is Fiscal, Not Inflation
The long end has moved just as far. The 10-year yield reached 3% this month for the first time since 1996, and the two-year sits near 1.85%.
Inflation does not explain it. July consumer prices rose 1.9% annually, with core at 1.8%, a seventh straight month below the 2% target.
Supply does. Ministries requested a record ¥143 trillion for the next fiscal year, and the Finance Ministry lifted its own assumed long-term bond rate to 3.8%. Investors are demanding more to hold Japanese government debt.
Bitcoin Is Not Answering
The yen carry trade is unwinding on measurable evidence. The yen has gained roughly 6% from its July low after a record ¥15.4 trillion intervention by Japan and the United States, the first joint action since 2011.
Speculators flipped to a net long yen position in the week to September 8, a swing of 103,000 contracts. Japanese holdings of US Treasuries fell $122.6 billion between February and June.
The Nikkei 225 has lost 8.4% in a month and trades 13% below its June record. Bitcoin traded near $77,721, up 0.8% in 24 hours, and already absorbed a similar yen shock last week.
In August 2024, a BOJ hike to just 0.25% sent the Nikkei down 12.4% in one session and Bitcoin from about $70,000 to $49,000. Friday’s move would set policy five times higher.
Friday is the test. A hawkish signal on the pace of further hikes, rather than the hike itself, is what would break the divergence.
The post Bank of Japan Set to Hike to 1.25%, Highest Since 1995. Bitcoin Isn't Flinching Yet appeared first on BeInCrypto.
A former US Federal Trade Commission (FTC) commissioner has dismissed the wave of artificial intelligence (AI) doom warnings coming out of the biggest labs.
Alvaro Bedoya served on the commission from 2022 until his disputed removal in 2025. His post lands in the middle of a public argument over how fast AI should move.
Humanity Has Survived Worse
Bedoya lists what humans have already lived through.
“AI will not eradicate humanity. Humans survived an ice age, the Black Death, two world wars, and (so far) the advent of nuclear weapons. Anyone who is loudly warning of AI-caused human extinction should not be taken seriously,” he said.
He rejects the idea that he is an AI booster or that the technology is harmless. His target is the use of AI extinction language. Bedoya calls it a strawman deployed to justify a cartel of billionaire AI companies.
He offered a test for sincerity. Anyone who truly believed the product might kill everyone would halt operations and call the police.
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A 2014 Memo Already Answered This
Anthropic chief Dario Amodei asked Washington for a narrow antitrust waiver so labs could hold safety talks. It sits inside the second of three steps in the pacing plan Sam Altman endorsed last week. Elon Musk backed the idea, too.
Bedoya says they never had to ask. He points to a joint policy statement the Justice Department and the FTC issued on April 10, 2014. It said antitrust is not, and should not be, a roadblock to legitimate cybersecurity information sharing.
“I am, rather, explaining that the companies have, right now and yesterday, the ability to coordinate to stop any safety and health risks. Antitrust is no barrier to that,” Bedoya wrote on X
Safety coordination is legal, he explained. Coordination that locks cheaper rivals out of the market is not.
He tied that risk to the economics. The biggest labs are burning cash without reaching profitability. Open weight models undercut them on price.
“The panic of individual employees may be sincere if misguided, but the moves by their CEOs to achieve some kind of broad antitrust waiver or exemption should be meet with deep skepticism in light of the economics of the industry and the threat they face from open models,” he added.
Altman has reached a similar conclusion from the other side. In a longer post on X, he said OpenAI does not believe it needs to wait for an antitrust exemption or legislation to start the work.
He still wants a federal framework setting consistent safety requirements for frontier labs. Where government help is needed, he said, is international coordination.
That skepticism runs against a week of warnings from inside the labs themselves. The debate traces back to September 9, when Anthropic researcher Jacob Coxon quit. Lawmakers started advocating for a ban on superintelligence. Bridgewater investment chief Greg Jensen has also warned that nothing changes until AI kills someone.
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The post Worried AI Will Kill Everyone? A Former FTC Commissioner Says Ignore the Doomers appeared first on BeInCrypto.
South Korea’s economy is booming on demand for artificial intelligence (AI) chips, with nominal GDP growing 21.9% in the first half of 2026.
Almost 70% of that expansion comes from semiconductors alone.
How the AI Chip Boom Is Powering South Korea
The KOSPI is South Korea’s benchmark stock index, dominated by semiconductor giants Samsung Electronics and SK Hynix. Both companies now concentrate close to half of their market cap and most of their earnings growth in the first six months of 2026.
The Bank of Korea confirms a scale of chip revenues not seen since the 1970s. Semiconductor exports exceed 40% of the country’s total shipments in some months during 2026. Real GDP growth forecasts have been revised upward to 3.3%-3.5% for the year.
Global demand for high-bandwidth memory (HBM) and advanced DRAM chips is the direct trigger of the rally. Nvidia, AMD, Microsoft, Google, Amazon, Meta, and Oracle all depend on Samsung and SK Hynix for AI accelerator memory. Along with Micron, they are the only large-scale global suppliers of these advanced chips.
The rally has also reshaped market structure across the region. Leveraged ETFs listed in Hong Kong tied to major Korean tech names multiplied more than 20-fold during the first half of 2026 alone, according to the Bank of Korea report published this week.
What Happens if the AI Chip Cycle Turns?
Analyst David K. Williams described the concentration bluntly after the Bank of Korea report. The trade has become so large that the central bank treats it as a financial stability issue, not merely an equity rally driven by strong fundamentals.
A slowdown in global AI infrastructure spending expected for 2027 or 2028 would hit the Korean economy systemically. Rising Chinese competition in memory chips could compound the damage. Exposure runs through supply chains, financial markets, and consumer wealth simultaneously across the country.
The Bank of Korea already flags signs of vendor financing similar to the dot-com era. Excess liquidity is flowing into real estate and leveraged products, raising bubble risk. Traditional manufacturing, youth employment, and domestic demand remain weak while chips dominate the narrative.
Structural problems compound the medium-term challenge for the country. South Korea has the world’s lowest fertility rate near 0.7 and an aging population profile. Household debt remains high and external shocks like oil above $100 or trade tensions would multiply the vulnerability further.
Global markets would feel the shock immediately if Korean production stumbles. Nvidia and AMD share prices track Korean chip output. AI-themed funds and semiconductor indices would face rapid repricing. A Chinese acceleration in memory production could redraw the supply chain quickly.
The post Bank of Korea Says the AI Chip Trade Is Now a Financial Stability Problem appeared first on BeInCrypto.
Banking giant Goldman Sachs expects the US Federal Reserve to raise interest rates by 25 basis points following Wednesday’s Federal Open Market Committee (FOMC) meeting, scheduled for September 15 to 16.
JPMorgan also offered a hawkish outlook after data revealed consumer and producer prices rose more than expected in August, and oil prices returned above $100 following renewed Middle East hostilities.
Goldman Sachs Walks Back On Interest Rate Forecast
Goldman Sachs initially stated it did not expect the Federal Reserve to raise interest rates following September’s FOMC meeting. However, it walked back on its prediction after August data strengthened the case for a hike. The banking giant now expects a 25 basis-point rate hike, which would lift the target range from 3.50%–3.75% to 3.75%–4%.
According to the Federal Reserve’s official calendar, the Federal Open Market Committee is expected to announce its decision on September 16 at 2 p.m. Eastern Time. A rate hike could put substantial pressure on Bitcoin (BTC) and other risk assets. Higher rates generally lead to a stronger dollar and tighter liquidity conditions.
“Goldman Sachs has abandoned its forecast for the Fed to keep rates unchanged next week. The bank now expects a 25 basis-point rate hike at the September 15–16 meeting. That could put pressure on Bitcoin and other risk assets, as higher rates generally mean tighter financial conditions and a stronger dollar.”
According to a research note by Goldman Sachs, the bank made a marginal adjustment to its Personal Consumption Expenditures estimate, raising it to 0.26%. The bank stated in its research note, “[The report] has not changed our fundamental inflation view.”
However, it warned of a sharp market response if interest rates were held steady, given it had already assigned a nearly 90% probability of a rate hike following the meeting.
August Inflation Data Muddles Waters
According to data from the Bureau of Labor Statistics, the US Consumer Price Index (CPI) rose 0.4% in August, while headline inflation remained steady at 3.4% over 12 months. Core CPI, which removes food and energy, rose 0.3% in August, but its annual rate declined from 2.5% to 2.4%, its lowest level in five years. However, the energy index climbed 16.3%, while food prices increased 2.7%. Airline fares, communication services, lodging, education, and used vehicles also rose, while medical care and motor vehicle insurance declined.
According to Diane Swonk, chief economist at KPMG, the Federal Reserve is not happy with some of the service sector numbers, despite the annual core rate falling. According to her estimates, services excluding housing rose 0.5% in August and 3% over one year.
“The gains were heavily in services.”
According to Swonk, August headline PCE inflation could rise 0.4%, while core PCE could increase by 0.3%, putting annual rates at 3.8% and 3.4%, respectively.
Economists Argue Against Hawkish Forecast
However, some economists have pushed back against forecasts by Wall Street banks. James Thorne, chief marketing strategist at Wellington-Altus, questioned Goldman Sachs’ revised position, stating that it likely reflected market expectations rather than a changed inflation outlook. Thorne stated, “No material change in inflation outlook, but a hike to calm Wall Street.”
He also highlighted a 3.1% increase in the annual wage to buttress the argument against a wage-price spiral. He added that higher borrowing costs cannot impact oil production or supply-chain disruptions, and that a rate hike could reduce demand, investments, and purchasing power.
Meanwhile, Swonk believes there will be three rate hikes by early 2027, stating, “We now expect three rate hikes by early 2027.”
Bitcoin Price Action
Bitcoin (BTC) is currently trading around $77,700, up almost 1% over the past 24 hours. However, it is more than 2% in the red on the weekly timeframe. The flagship cryptocurrency briefly crossed $78,000 after the odds of a rate hike reached 81%, and was trading above $79,000 before the inflation figures were released.
The flagship cryptocurrency started the previous week in the red, dropping 1.55% to $79,091. Selling pressure persisted on Tuesday, with the price dropping 0.82% to $78,447, before falling to an intraday low of $77,589. Buyers attempted a recovery on Wednesday as BTC reached an intraday high of $79,752. However, it lost momentum after reaching this level, marginally declining and closing the day at $78,283. Selling pressure intensified on Thursday as BTC fell over 2% to $76,536.
Buying pressure returned on Friday, and BTC climbed to an intraday high of $79,852. However, it could not cross $80,000, losing momentum and ultimately settling at $77,208, up 0.88% from Thursday. The price rose marginally on Saturday before declining 0.60% to $76,799. BTC is up 1.28% during the ongoing session, trading around $77,780.
The 14-day RSI is currently in the mid-50s, putting it in neutral territory. Meanwhile, the MACD has flipped to bearish, but suggests downward momentum is waning. The Fear & Greed Index is currently at 68, putting it firmly in “Greed” territory. However, markets expect a decline in BTC prices if the Federal Reserve raises interest rates following the FOMC meeting.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Solana’s tokenized stockholder addresses climbed to 801,439 by the end of last week, up 88% from 424,894 at the start of the month. The news point to a rapid increase in the number of solana addresses counted in the tokenized stockholder category over less than two weeks.
Holder-address data can be useful for tracking an on-chain footprint, but it should not be treated as a census of new investors or new capital. The label identifies addresses associated with the category, and the reported figures do not separately identify wallet ownership, account relationships, or the duration for which each address held a tokenized stock.
The available reporting also does not identify a specific reason for the increase. The figures establish the change in the holder-address count, but they do not assign that move to a particular issuer, product, platform, or type of participant.
As a result, the data is most directly useful as a measure of activity and distribution at the address level.
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Where This News Fits Solana RWA Push?
The tokenized-equity figure sits within Solana’s broader real-world-asset ecosystem. Solana’s ecosystem reporting said that, as of late July 2026, the network hosted $3.7 billion in non-stablecoin real-world-asset value across more than 313,000 holders.
That category includes tokenized Treasuries, public equities, private credit, reinsurance, sovereign debt, commodities, liquidity funds, and stablecoin settlement infrastructure.
Those figures measure a wider set of assets at an earlier point in time, so they should not be read as the same measure as the 801,439 tokenized-stock holder addresses reported for September. The RWA holder total and the tokenized-equity address total describe different categories and may also reflect different methods of measurement.
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Solana’s ecosystem report also cited Blockworks data showing that 97% of all on-chain tokenized-equity spot volume to date had settled on Solana as of late July 2026. The report described tokenized equities as an area of accelerating RWA growth on the network, while noting that the category remains early relative to traditional public equity markets.
For readers following tokenized stocks, the 801,439 figure is best understood as an on-chain infrastructure metric. It indicates a larger recorded address footprint in the category between the two reported September dates, while leaving open questions about the number of unique holders represented by those addresses.
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The post Solana News: Tokenized-Stock Footprint Passes 800,000 Addresses appeared first on Cryptonews.
Elon Musk Drops a Bombshell: Grok 5 Could Be the AGI Breakthrough
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