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NVIDIA, a leading developer of AI chips, topped $190 per share for the first time today, marking a new milestone for the semiconductor giant.

The stock surge reflects ongoing enthusiasm in the AI sector, positioning NVIDIA as a bellwether for semiconductor growth driven by data center investments. The company recently achieved a market cap exceeding $4.6 trillion amid surging demand for AI infrastructure.

NVIDIA confirmed a major collaboration with OpenAI to advance AI capabilities, enhancing its role in large-scale AI deployments. The company’s latest AI chips, including advancements in models like Blackwell, continue to dominate in generative AI applications, fueling investor confidence in its technological edge.

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Bitcoin rose to a two-week high of above $117,000 today following weaker-than-expected private payroll data from ADP, a payroll services provider, which strengthened expectations for Federal Reserve interest rate cuts.

The flagship cryptocurrency gained momentum as investors interpreted the disappointing jobs report as evidence of economic softening that could prompt more accommodative monetary policy. Risk assets typically benefit from lower interest rate environments due to increased market liquidity.

Recent labor market revisions have amplified fears of an economic slowdown, with cooling inflation metrics and declining labor participation strengthening the case for imminent Fed rate adjustments.

Historical patterns suggest cryptocurrencies often perform well during fall months, with current market sentiment aligning with policy-driven optimism. The combination of weakening economic indicators and seasonal trends has created a favorable environment for digital asset gains.

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BlackRock, the world’s largest asset manager, transferred around 49,607 Ethereum and 340 Bitcoin to Coinbase Prime, the institutional trading and custody platform.

BlackRock holds around $86 billion in Bitcoin and over $16 billion in Ethereum through its spot ETF activities as of Sept. 25.

On September 17, 2025, BlackRock executed a similar transaction, depositing 4,538 ETH worth $20.4 million to Coinbase Prime while receiving 293.6 BTC worth $34 million, suggesting potential asset swaps or portfolio rebalancing.

BlackRock filed for a Bitcoin Premium Income ETF on September 27, 2025, which would use covered calls to generate yield on spot Bitcoin holdings. The filing builds on the success of its $86 billion IBIT ETF.

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Spot gold reached a record high of $3,833 today, marking a nearly 2% gain as the precious metal continues its surge amid ongoing geopolitical tensions and central bank demand.

Gold has outperformed the S&P 500 by a factor of three this year, with spot prices climbing over 45% year-to-date in 2025. The rally extended gains above $3,800 per ounce in late September.

Central banks have ramped up purchases, with China steadily increasing its gold holdings, contributing to sustained institutional demand for the inflation hedge.

Deutsche Bank forecasts gold prices exceeding $4,000 per ounce by the end of 2025, driven by factors including Federal Reserve rate cuts and a weaker dollar.

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Bitcoin and Ethereum short positions worth around $226 million were liquidated in a 24-hour period today as both cryptocurrencies surged higher.

The liquidations highlight intense volatility in crypto markets as traders betting against price increases faced forced closures of their positions. Bitcoin, the leading cryptocurrency, and Ethereum, the second-largest digital asset, drove the majority of the liquidation activity.

Ethereum shorts alone accounted for $137.9 million in liquidations during the 24-hour period. The forced closures occurred as both cryptocurrencies extended gains, creating additional upward momentum.

Broader market data shows over $330 million in short positions were wiped out across all cryptocurrencies as bearish traders faced margin calls amid the price rally.

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T-Rex launched its 2X BitMine ETF (BMNU) today, generating $32 million in first-day trading volume and ranking as the third-best ETF debut of 2025, according to Bloomberg ETF analyst Eric Balchunas.

The fund provides 2x daily leveraged exposure to BitMine Immersion Technologies (BMNR), which holds 2.4 million ETH valued at $9.6 billion. The product capitalizes on growing investor interest in companies with substantial crypto treasury holdings, particularly those focused on Ethereum accumulation.

BMNU’s debut volume trails only the XRP ETF and Dan Ives ETF among approximately 650 ETFs launched in 2025. The strong opening reflects a robust appetite for leveraged crypto exposure products amid rising institutional adoption of digital assets.

BitMine has positioned itself as a leading Ethereum accumulator. The company has signaled ambitions to reach a 5% Ethereum supply target.

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Robinhood is listing the WLFI token on its US trading platform. WLFI is the deflationary token from World Liberty Financial, a Trump-backed DeFi project that aims to bridge traditional finance with decentralized finance.

The token currently trades at around $0.2 with a market cap of $5.4 billion. WLFI’s price has declined about 37% since launch.

World Liberty Financial has burned 47 million WLFI tokens and integrated with BNB Chain. The project recently secured a full listing on Gemini Exchange, including trading, custody, and USD1 stablecoin support.

The platform plans to launch a debit card for WLFI users with Apple Pay support, powered by the USD1 stablecoin. World Liberty Financial positions itself as a “Venmo + Robinhood of crypto” to connect traditional finance with DeFi.

Robinhood recently submitted a regulatory proposal to the SEC for real-world asset tokenization, including plans for a compliant RWA exchange on Solana and Base blockchains.

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