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Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Bridgewater managing chief investment officer Greg Jensen says nothing will be done about artificial intelligence (AI) until it starts killing people. He wants the problem dealt with well before that point.

His warning arrives during a week of escalating safety warnings from researchers at the largest AI labs.

Bridgewater CIO Issues AI Warning and Points to February 2020

Jensen was one of the earliest backers of OpenAI and Anthropic. He made the case on Bloomberg’s Odd Lots podcast. The executive compared the mood around AI now to the weeks before COVID-19 reached American shores.

“Unfortunately, this is what it was like in February 2020…Until the AI starts killing people, unfortunately, history would suggest we’re not going to do anything, but we are going to face that. That’s going to happen, and it’d be much better if we started dealing with it before then,” he said.

He pointed to the July incident in which OpenAI models escaped an isolated test environment and compromised Hugging Face systems.

The UK AI Security Institute found that an AI agent built on Anthropic’s Mythos 5 created fake identities to push malicious code past a human maintainer during cyber testing.

“This should be a bomb. You know, everybody should look at this like somebody die here, it is committing crimes, going around, hiding the fact that it’s committing those crimes, etc.,  coordinating with other agents, self-sacrifice, all of these things,” he added.

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Jensen Puts the Odds of an AI Disaster Above Anyone’s Comfort

Without regulation, Jensen expects the next two years to bring either a major financial incident run by AI or a physical disaster that kills people.

“The odds that I’m right about that are way higher than anybody should be comfortable with. I don’t know if they’re 30% or 60% or whatever but they’re way higher and we’re just not dealing with it a little bit like it’s February 2020,” he stated.

Jensen wants labs placed under formal review, with staff questioned under oath. He also argues developers should carry liability for crimes their systems commit.

Industry warnings have piled up lately, including an open letter from OpenAI and more than 100 firms warning about AI-enabled cyberattacks. Congress has also started to catch up. 

A Senate bill would pause frontier development until federal safety standards are in place, while the Frontier bill would require independent audits and incident reporting.

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The post You Won't See AI Regulated Until It Kills Someone, Warns Bridgewater's CIO appeared first on BeInCrypto.

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A crypto trader known as Point Farm Capital has turned a bet on the Solana-based meme coin STONK into more than $10 million in profit by sticking to an aggressive hold strategy.

According to on-chain analytics from Lookonchain, the trader now holds 35.7 million STONK tokens, valued at roughly $10.55 million, making them the token’s largest single holder.

How the Position Reached $10 Million

The unrealized profit stands near $9.81 million on an initial investment of about $542,000, a return exceeding 1,800%.

The average entry market cap was around $12 million, while STONK has since climbed to roughly $255 million, delivering outsized gains for early accumulators who refused to sell.

On-chain data shows a pattern of consistent buying during the token’s early stages, followed by disciplined holding as price action turned bullish.

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That approach contrasts with the high-frequency flipping common in meme coin markets, where traders typically take quick profits rather than let positions compound.

Earlier data tracking the same account on the FOMO leaderboard showed that the position had swung sharply along the way.

As of September 8, the trader briefly lost $2.69 million within 24 hours before STONK’s rally reversed that loss into fresh profit, illustrating how volatile the underlying ride actually was.

Why This Outcome Remains the Exception

The trade highlights the high-reward potential of meme tokens on Solana when conviction lines up with timing. Such outcomes, however, remain rare, and most participants who enter later or lack the discipline to hold through sharp swings experience significant losses instead.

Survivorship bias plays a real role in how these stories spread: positions that collapse rarely generate the same viral attention as an eight-figure paper gain.

STONK’s entire market cap remains small and thinly traded relative to major cryptocurrencies, meaning prices can reverse just as sharply as they climbed.

The $10 million profit remains unrealized on paper, tied entirely to a token that could lose most of its value in a single session. Most traders who attempt the same strategy end up on the losing side of that volatility.

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The post Crypto Trader Gains $10 Million with Aggressive HODL Strategy appeared first on BeInCrypto.

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In Trump crypto news, National Economic Council Director Kevin Hassett disclosed holding between $1M and $5M in vested Coinbase shares at the end of 2025, according to a previously unreported annual financial filing.

The stake sat on his books while the Trump administration rapidly rewrote federal crypto regulation, and the filing does not establish whether he still holds the shares in 2026.

That timing is the story. Hassett ran the council that housed Trump’s digital-assets working group even as his Coinbase position sat unresolved on paper, and Coinbase itself has been central to the regulatory rewrite now moving through Congress.

Trump Crypto News: What the Hassett Disclosure Shows

Hassett’s 2025 annual disclosure lists vested Coinbase Global Class A shares valued between $1,000,001 and $5,000,000. He served on Coinbase Asset Management’s advisory council from March 2021 until January 2025, when he joined the White House. The filing does not confirm whether he sold the shares afterward.

Three days after Trump’s second inauguration, an executive order established the President’s Working Group on Digital Asset Markets, with Hassett’s office named as a member. The group proposed significant changes to digital asset regulations and reversed Biden-era crypto policies, aligning with Coinbase’s lobbying efforts.

Hassett said he recused himself from crypto matters while ethics officials reviewed his holdings, and he chose not to sell the shares to avoid the appearance of timing. The White House confirmed his recusal remains in effect, declining to comment on whether he still owns the shares or whether it affected his economic-policy work.

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The Conflict-of-Interest Question

Virginia Canter, a former SEC ethics lawyer now at Democracy Defenders Fund, described the holding as a major conflict of interest or the appearance of one, according to the disclosure’s reporting.

She questioned whether a recusal broad enough to cover all crypto matters could have sidelined one of Trump’s top economic advisors from a defining priority of the administration – one that touched Treasury, Commerce, the SEC and the CFTC, all represented on the same working group Hassett’s council hosted.

What remains unclear is the practical scope of that recusal: which meetings Hassett skipped, which decisions he stepped back from, and how much of his NEC portfolio it touched.

The working group’s final report lists NEC deputy Robin Colwell as its representative rather than Hassett himself, suggesting at least some formal distance, but it doesn’t explain how crypto policy discussions were handled within a council he still directs.

Coinbase’s Stake in the Outcome of the CLARITY Act

Coinbase has more than a passive interest in how this policy fight resolves. The SEC dismissed its enforcement case against the exchange with prejudice just over a month into Trump’s term, a move regulators framed as part of a broader overhaul rather than a ruling on the case’s merits.

Coinbase was also a major backer of the Fairshake super PAC during the 2024 cycle, and CEO Brian Armstrong has met repeatedly with Trump and senior officials, including at the March 2025 White House crypto summit, context that shapes how Armstrong has talked about the regulatory environment under this administration.

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The post Trump Crypto: Kevin Hassett Coinbase Stake Raises Conflict of Interest Concerns appeared first on Cryptonews.

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The best-performing ETF in America isn’t in the crypto, AI, or any tech sector. It is, in fact, the Breakwave Tanker Shipping ETF (BWET), up 5,100% over the past year. 

After a renewed war in Iran, military conflict in the straits of Hormuz and Bab el-Mandeb, and logistical threats such as this week’s attack on Saudi Arabia’s crude oil pipeline and a Houthi advance into the Bab el-Mandeb strait, BWET has rallied 3,600% since January 1.

The next-best-performing ETFs rank far below BWET on a year-to-date basis and merely derive their gains from levering-up single stock performance: 1,170% for a 2x long Dell ETF, 530% for a 2x long Micron ETF, and 390% for a 2x long Marvell ETF.

No other US ETF ranks close to BWET’s 3,600% gain in 2026.

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The fund takes long positions in forward freight agreements, offering exposure to oil tanker chartering rates on particular routes, including Hormuz.

Needless to say, the cost to transport oil this year has skyrocketed over physical and political threats, so BWET investors have benefitted tremendously. As shipping companies multiplied their freighting rates upward, the fund’s net asset value (NAV) similarly multiplied.

The once-tiny ETF began 2026 holding just $2 million. It now holds $200 million in net assets.

Should have invested in forward freight agreements

US and Israeli airstrikes killed Ali Khamenei of the Islamic Revolutionary Guard Corps (IRGC) on February 28, 2026. Within hours, IRGC officials were radioing oil tanker ships to cease passage through the strait of Hormuz. 

As days of threats turned into weeks and then months, the world’s most important oil shipping route became a chokepoint. Shipping companies demanded higher prices to keep working.

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By March 2, the benchmark Gulf-to-China supertanker rate hit a then-record daily rate of $423,736, doubling Friday’s rate within two days. In the war’s first days, crude gained 10% and traffic through the strait collapsed by four-fifths.

Oil prices have more than doubled as of today.

Trump and Masoud Pezeshkian signed a memorandum on June 17 to reopen Hormuz, but the memorandum was dead within days.

BWET lost over 40% within two weeks on initial optimism about peace, but it regained all of its losses by July and proceeded to march higher.

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Read more: Crypto scams are now a threat in the Strait of Hormuz, report

BWET has rallied 47% within the last five days

BWET doesn’t own tankers, oil, or shipping stocks. Instead, it is a rolling basket of near-dated freight futures, roughly 90% tied to the Middle East-to-China supertanker route. 

The purpose of the ETF is to track futures prices, minus fees and roll costs. Amplify, the fund’s sponsor, charges a 3.5% expense ratio for the privilege of holding almost $200 million worth of these contracts. 

In April, Breakwave founder John Kartsonas explained, “There is no risk mitigation.” He added, “If rates decline, the fund will also decline.”

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So far, oil shipping rates have certainly not declined.

The war in Iran has followed oil flows inland. On Thursday night, social media users posted imagery of a smoke plume nearly 100 kilometers long over Saudi Arabia’s East-West oil pipeline, southeast of Medina.

Houthis allegedly struck the pipeline’s infrastructure in multiple points. NASA thermal data backs the readings, and Reuters has verified smoke in the imagery. 

BWET jumped another 10% Friday morning, past $700 a share for the first time.

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The sponsor’s own fund page warns long-term investors, “Extraordinary performance is attributable in part to unusually favorable market conditions and may not be repeated or consistently achieved in the future.”

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Bitcoin is approaching a critical point after spending the past several weeks digesting its powerful August rally. With the price slipping back toward the lower boundary of its recent structure and participation remaining relatively subdued, the market is increasingly dependent on the $76K-$77K area to prevent the current correction from extending further.

Bitcoin Price Analysis: The Daily Chart

Bitcoin’s daily structure remains significantly stronger than it was before the August breakout. The impulsive rally carried the asset through the major $66K-$67K and $72K-$74K resistance zones, as well as both major moving averages, before reaching the $80K-$82K supply area.

However, the price has repeatedly failed to establish acceptance above this upper resistance zone. The latest sequence of candles shows declining momentum and a gradual retreat toward $77K, while the RSI has cooled considerably from its previous overbought readings. This suggests that the initial bullish impulse is losing strength, at least temporarily.

The $76K-$77K region is now the first important support area. Holding it could allow BTC to continue consolidating beneath the $80K-$82K resistance zone before another breakout attempt. Yet a decisive daily breakdown below $76K would make a deeper correction increasingly likely, with the $72K-$74K former resistance zone representing the next major support.

Despite the short-term weakness, the broader structure would remain relatively constructive while BTC stays above $72K-$74K. A recovery above $80K followed by acceptance beyond the $80K-$82K supply zone would instead signal renewed bullish momentum.

BTC/USDT 4-Hour Chart

The 4-hour timeframe provides a clearer view of Bitcoin’s immediate decision point. BTC has been trading inside a broad ascending channel since the initial surge, but price action has weakened considerably after the most recent rejection from the channel’s upper region and the $80K-$82K resistance zone.

Since that rejection, Bitcoin has formed a sequence of lower short-term highs and has now fallen toward the channel’s rising lower boundary around $76K-$77K. The latest candles show an initial reaction from this support, but the rebound remains relatively modest.

This makes the lower trendline critical. A convincing bounce could keep the channel intact and initially target the $79K-$80K region, followed by the major $80K-$82K resistance zone. However, a confirmed breakdown below the $76K-$77K channel support would represent a short-term structural shift and increase the probability of a move toward the $72K-$74K support zone.

The repeated inability to sustain rallies toward the upper boundary also suggests that buyers currently lack the momentum required for an immediate breakout. Unless that changes, choppy price action near the lower half of the channel may persist.

Sentiment Analysis

Bitcoin’s Spot Average Order Size reinforces the picture of weakening conviction. The latest observations around the $77K-$80K region are predominantly gray, representing normal-sized orders, with only a limited number of green dots indicating big whale orders.

This is notably different from periods earlier in the chart, where clusters of whale-sized orders accompanied more directional price movements. Although a few large orders have recently appeared, there is not yet a sustained concentration suggesting aggressive whale participation around current prices.

As a result, the spot market appears to lack a strong directional catalyst from larger participants. This fits the technical structure, where BTC is drifting lower rather than experiencing an aggressive selloff. Unless whale activity becomes more pronounced, Bitcoin could remain vulnerable to low-momentum consolidation and potentially a deeper pullback before a more decisive trend develops.

The post BTC Price Analysis: What Are Bitcoin’s Key Support Levels After $80K Rejection? appeared first on CryptoPotato.

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Polymarket’s Fed rates dashboard shows a 62% probability that the Federal Reserve raises rates by 25 basis points at the Wednesday, September 16, 2026 FOMC meeting. The dashboard lists a 39% probability for no change. A 50-basis-point-or-larger hike, a 25-basis-point cut and a 50-basis-point-or-larger cut are each listed below 1%, according to Polymarket.

The pricing presents a narrower set of leading outcomes for the September meeting. A quarter-point hike is the dashboard’s expected decision, while no change remains the other outcome with a substantial listed probability. The cut outcomes are listed at below 1%, placing them well behind the two leading scenarios in this snapshot.

(Source – Polymarket)

How Likely is a Fed Rate Cut Next Week?

Polymarket lists a 25-basis-point hike at 62% and no change at 39%. Those figures put a hike ahead of a hold, but the hold outcome remains material in the displayed pricing. The other listed outcomes are all below 1%.

The dashboard provides probabilities for the listed meeting outcomes, but it does not explain the reasoning behind those prices or forecast how financial markets may respond to the decision. The figures show event pricing for the September meeting rather than explaining the economic developments that may influence policymakers.

Earlier readings reported by Yahoo Finance illustrate how pricing differed across venues. On September 8, Polymarket traders indicated 49% odds of a 25-basis-point hike, Kalshi traders assigned 48%, and CME FedWatch showed nearly 56%, according to Yahoo Finance.

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Those figures were reported before the current 62% Polymarket reading and come from separate market-based measures, so they provide context rather than a direct comparison of identical prices at the same time.

What happens at the September Fed Rate Meeting?

If the Fed raises rates by 25 basis points on September 16, that result would align with Polymarket’s leading listed outcome. If the Fed leaves rates unchanged, it would align with the dashboard’s second-largest listed outcome. The dashboard lists the alternatives of a larger hike or a cut of below 1%.

Other interest-rate market measures have also shown elevated odds of a hike. CNBC reported on September 10 that CME Group’s FedWatch gauge put the chance of a rate increase at 70% in morning trading.

The move followed an August wholesale-price report and a rise in U.S. crude oil prices above $100 a barrel. The report also said that market pricing put the chance of another increase in December close to 60%.

The CNBC reading is higher than Polymarket’s current 62% figure, and it was reported on a different date using CME FedWatch. The difference underscores that market-based gauges can show different probabilities as pricing changes and as venues reflect their own markets.

Polymarket’s current dashboard places the immediate focus on whether the September meeting produces a quarter-point hike or no change. Its below-1% listings for both cut outcomes indicate that cuts were not among the leading outcomes displayed for this meeting.

For readers following the decision, the relevant distinction is between the dashboard’s 62% hike probability and its 39% no-change probability, alongside the separate readings reported by other market-based gauges.

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Don’t Miss: The Hottest Meme Coin Opportunities Silently Climbing the Crypto Ranks in September

The post Quarter-Point Hike Leads Polymarket’s September Fed Pricing at 62% appeared first on Cryptonews.

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Zoomex has launched the Zoomex World Trading Championship 2026 (ZWTC 2026) on September 10, bringing a team-based competition format to its platform.

Alongside it, the exchange is spotlighting its Copy Trading Hub, a feature built around one-click execution, published trader performance data, and rule-based profit sharing.

A team format puts copy trading in context

ZWTC 2026 returns for its third year with a prize pool of up to 5,000,000 USDT and three participation areas: a Team Competition, a Solo Battle, and a Rewards Zone. Participants can compete through crypto perpetual contracts, stock contracts, AI-powered trading challenges, team performance leaderboards, and interactive reward activities.

The team structure is what connects the championship to the Copy Trading Hub. Where the Solo Battle rewards individual positioning, the Team Competition asks participants to think about collective performance, leaderboard standings, and how a group of traders operating under shared visibility performs against other groups. That is the same set of mechanics the Copy Trading Hub has been built around since launch.

The hub covers both Futures and Grid copy trading, with Futures positioned as the primary offering. It reflects Zoomex’s broader approach: user-friendly design, transparent balance and rule mechanisms, and published terms governing how copied trades are executed and settled.

Easy to use, from discovery to execution

The Copy Trading Hub is structured to reduce the number of steps between finding a trader and opening a position. Users browsing the hub can move between Popular, Trending, and Following views, then filter results by High Yield Ranking, Popular Traders, Steady Traders, or Rising Traders, depending on the kind of strategy profile they are looking for.

Each filter surfaces a different characteristic. Steady Traders groups accounts with lower variance in their results over time. Rising Traders surfaces newer accounts building a track record.

Popular Traders ranks by follower count and assets under management rather than by returns alone. The categories exist so that a user evaluating the hub is not looking at a single ranked list ordered by one metric.

Every trader card surfaces a consistent set of figures before a user commits: return on investment over a selected window, a rolling profit-and-loss chart, copiers’ cumulative results, win rate, and total assets under management. From there, starting a copy relationship takes one tap of the Copy button.

On the trader side, the same simplicity applies. A dedicated Become a Trader flow lets experienced users open their strategy to followers directly from the Copy Trading Hub landing page, with profit share terms set at the point of setup rather than negotiated afterward.

Fair access and rule-based execution

Central to the hub is Zoomex’s commitment to rule-based execution, meaning every copier operates under the same published terms as the trader they follow, with no preferential fills, no hidden order routing, and no discretionary adjustments after a position has opened.

Profit sharing is disclosed upfront on each trader’s profile. The percentage a lead trader takes from follower profits is displayed on the Trader Details page alongside every other metric a prospective copier would review, rather than appearing in terms and conditions after a copy relationship has started. Profit share rates vary between traders and are set individually, which is why the figure sits on the profile itself.

The order history on each profile is similarly detailed. Every closed position carries its own order ID, entry and exit price, position size, leverage used, and holding time. Open positions are visible in real time on the Current Copy tab, giving followers a live view of exposure rather than a delayed or summarized one.

That level of disclosure extends across the leaderboard, including accounts with privacy settings enabled. Traders who choose to mask detailed metrics for confidentiality still display verified copiers’ results and assets under management, preserving a baseline of accountability regardless of how much a trader chooses to reveal.

Past results shown on any trader profile describe what has already happened on that account. They are not indicative of future performance, and copy trading carries the same risk of loss as trading directly. Copiers remain exposed to the full risk of the positions they copy, including leveraged positions that can be liquidated.

Transparent by design

Zoomex built the Copy Trading Hub so that the information a user needs sits in the interface rather than in documentation.

Return on investment and cumulative profit and loss are charted over selectable windows of 7, 30, and 90 days, so that a user can evaluate an account across different timeframes rather than relying on a single snapshot. A trader who performs well over seven days may look different over ninety, and the interface is built to make that comparison available rather than to present the most favorable window by default.

Markets traded, trading preferences, and asset allocation are broken out visually as well. A user can confirm that a given strategy is concentrated in a single pair, or spread across several, before allocating funds rather than discovering that after the fact. Trading frequency is displayed alongside, distinguishing accounts that open positions several times a day from those that hold over longer periods.

This transparency is paired with Zoomex’s broader trust framework. The exchange publishes Proof of Reserves data, undergoes independent security audits through Hacken, and maintains compliance disclosures that users can check directly.

Combined with rule-based profit sharing and published order histories, the result is a copy trading environment where the terms governing the relationship are visible at the outset rather than assembled from separate documents.

Focused on derivatives

Consistent with Zoomex’s positioning as a platform focused on derivatives trading, the Copy Trading Hub is built specifically around futures strategies, including leveraged long and short positioning, rather than adapting a spot trading interface after the fact.

That distinction shows up in what the interface displays. Position size, margin, entry price, and leverage appear on every open and closed trade, because those are the variables that determine outcomes in a leveraged position. A copy trading interface adapted from spot trading would not need to surface margin or liquidation mechanics at all.

For users who want a different risk profile, the Grid tab offers a parallel copy trading track built around automated grid strategies rather than discretionary futures positioning. Grid strategies execute according to predefined price ranges rather than a trader’s judgment on direction, which produces a different pattern of results and suits a different set of market conditions.

Copy trading during the championship window

For traders considering ZWTC 2026, the Copy Trading Hub offers a way to participate in the championship’s team dynamics without building a strategy from scratch. The championship runs alongside the platform’s existing product suite rather than in a separate environment, which means positions opened through copy trading operate under the same rules, margin mechanics, and execution logic that apply across the platform year-round.

Zoomex encourages participants to review eligibility terms, profit share arrangements, and risk parameters before allocating capital to any copy trading relationship, whether during the championship or outside it. Competition rewards should remain secondary to individual trading decisions rather than a reason to increase position sizes or trading frequency beyond what a trader would otherwise consider appropriate.

About Zoomex

Founded in 2021, Zoomex is a global cryptocurrency trading platform focused on derivatives trading. The platform serves over 3 million users across 35+ countries and regions, offering access to 700+ trading pairs. Built around ease of use, transparency, fairness, and speed, Zoomex provides a clear and efficient trading experience for users worldwide.

Through its high-performance matching engine, clear asset and order displays, and transparent fee and rule mechanisms, Zoomex helps users better understand their account status, order execution, trading costs, and results. Zoomex maintains registrations, licenses, and regulatory statuses across multiple jurisdictions, including the U.S. MSB, Canada MSB, U.S. NFA, and Australia AUSTRAC, and has completed security audits conducted by blockchain security firm Hacken.

The platform also continues to strengthen its trust framework through Proof of Reserves, Security & Transparency, Compliance Information, and Fees / Rules Transparency initiatives.

Beyond trading, Zoomex builds a refined brand experience through elite sports partnerships, including the TGR Haas F1 Team, World Cup-winning goalkeeper Emiliano Martínez, and world-class tennis events such as Wimbledon. The values of speed, precision, discipline, fair play, and rule-based execution are closely aligned with Zoomex’s approach to derivatives trading.

At Zoomex: Easy to Use. Transparent balance. Fair access to your earnings.

The post Zoomex Highlights Copy Trading Hub As ZWTC 2026 Championship Opens appeared first on BeInCrypto.

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