On September 17, SEC will hold a roundtable on moving the US stock market to 24/7 trading. Discussions will cover liquidity, overnight oversight, clearing and technical infrastructure.
The regulator also proposed major updates to securities transfer and record-keeping rules, including possible blockchain use for issuing and transferring shares.
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OpenAI has unveiled GPT-6 Astra, its new flagship model focused on computer use. It can independently interact with interfaces, browsers, and terminals, complete multistep tasks, and write code.
OpenAI says Astra performs strongly in mathematics, programming, science, and professional work, and outperforms Fable 5.1 on many benchmarks. The company also highlighted progress in understanding user intent.
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Loracle has opened $75M in shorts from a $61M account, betting heavily against the Robinhood ecosystem and memory-chip makers. Positions include 22M Cashcat worth $6M, 9.13M PONS worth $5M, plus SNDK at $24M, NVDA at $19M, and Micron at $10M. Liquidation levels are $0.68 for Cashcat and $1.59 for PONS.
Previously, Loracle cited a scenario from Derivative Monke. A new Claude model, successor to Fable, will arrive in late September and disappoint, convincing markets that AI has hit a wall. Open-source models will catch up before reaching a similar limit by late October.
Anthropic will reportedly launch an IPO in late October at a $2T valuation, triggering an isolated AI industry crash as private investors create excess supply and retail investors recognize the growth story as marketing hype. A Fed rate hike around the same time would worsen the market cascade.
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Bitcoin-gold correlation hit a six-year high. The 90-day BTC-gold relationship rose to 2020 levels, while correlation with stocks fell to a low. Bitwise research chief Andre Dragosh linked the move to August macro events.
After US Treasury bond purchases, Bitcoin rose 22.4%, gold gained 5%, and stocks fell. Investors are increasingly hedging currency-devaluation risks through both assets, with Bitcoin acting as an βamplified version of gold.β
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Hunter Biden will launch the LAPTOP memecoin on September 9 on Base. 20% of the supply will go to airdrops, including wallets that lost money on TRUMP.
The team will receive 30%, while up to 30% may be burned if preset events occur, such as Bitcoin reaching a new ATH or a Democrat winning the US presidential election in 2028.
The name references the Hunter Biden laptop scandal, a major political issue before the 2020 elections.
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Cynthia Lummis warned that if Congress does not pass the CLARITY Act in the current session, the next real chance to revisit it may come only in four years, potentially delaying it until 2030.
A key Senate vote is scheduled for 15 September. The bill needs at least 60 votes to advance. Polymarket currently puts the odds of passage by the end of 2026 at just 17%.
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On August 27, Ethereum developers moved EIP-8141 (Frame Transactions) to βplanned for inclusionβ in the HegotΓ‘ upgrade, due in 2027.
The app or another account could pay gas. A service could accept stablecoins and settle with the network in ETH. Multiple actions could also be bundled, with failed swaps automatically revoking token approvals.
Accounts could set custom authorization rules and change control keys without moving assets to a new address.
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