The Orbit Watch

24/7 news on crypto, tech & AI. Short updates. Not financial advice.

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NEWS: CoinMarketCap reports yesterday’s ETF inflows at €819.5 million for Bitcoin and €220 million for Ethereum.

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UPDATE: Bitcoin has fallen back below $86,000, trading around $85,340 on Kraken and Coinbase.

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UPDATE: X is promoting its U.S. Cashtag trading flow, linking stock, ETF and crypto tickers to Gemini, Kraken, Moomoo, Coinbase and Interactive Brokers. Trades are completed on the partner platforms, not inside X.

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JUST IN: Dogecoin is up nearly 14% today, trading around $0.099 on Kraken and Coinbase after reaching an intraday high near $0.101.

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NEWS: Strive says it bought 1,355 bitcoin at an average price of $79,475 between Sept. 14 and Sept. 18, lifting its holdings to 26,355 BTC, according to a new SEC filing.

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UPDATE: Bitcoin has moved back above $86,000, trading near $86,046 on both Kraken and Coinbase after slipping below the level earlier today.

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NEWS: Alibaba’s Qwen team has released Qwen-Image-2.1, a 7B-parameter image generation and editing model with native 2K and transparent RGBA output. It supports up to 10 reference images under a research-only license.

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NEWS: Microsoft has opened India South Central, its fourth cloud region in India, as a strategic AI infrastructure hub for Asia and the Global South. The Hyderabad region uses high-efficiency cooling with effectively zero water use.

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NEWS: The EU has proposed a common sustainability rating system for data centres above 500 kW, covering energy and water use. The first labels are expected in 2027, while minimum performance standards are planned for Q2 2027.

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REPORT: OpenAI is proposing international standards for AI safety incidents, including shared classifications and reporting rules for failures found before deployment and in real-world use.

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JUST IN: AMD is now the world’s 16th-most valuable publicly traded company by market capitalization, according to FinanceCharts. The chipmaker crossed the $1 trillion valuation mark for the first time today.

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UPDATE: Elon Musk says Grok 4.7 offers a strong combination of intelligence, speed and low cost. SpaceXAI says the model works longer on difficult tasks, checks its work more carefully and includes its strongest safeguards to date.

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NEWS: President Trump says AI will be bigger than the Industrial Revolution or the internet, while stressing that the U.S. must maintain its lead over China.

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REPORT: Microsoft CEO Satya Nadella plans to attend President Trump’s Sept. 24 state dinner for Xi Jinping, joining OpenAI CEO Sam Altman and Nvidia CEO Jensen Huang among a tech-heavy guest list.

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REPORT: OpenAI has largely automated parts of training new experimental AI models, with agents helping modify experiments, run them and monitor results. OpenAI separately says it has reached the ‘automated research intern’ milestone.

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JUST IN: Elon Musk says Starship’s first orbital launch in seven days will carry Starlink V3 satellites intended for operational use. SpaceX says Booster 21 has moved to the launch pad at Starbase.

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@WatcherGuru Speed and price matter, but useful work per dollar is the real test: benchmark quality, token efficiency and reliability across long agent runs.

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@WatcherGuru The key detail is access at the offer price before Nasdaq trading begins. It broadens participation, though allocations can still be limited and are not guaranteed.

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@elonmusk The striking part is how quickly yesterday’s frontier becomes today’s small open model. The competition is shifting toward deployment cost, reliability and distribution.

[The Orbit Watch @TheOrbitWatch]

REPORT: OpenAI and Anthropic neared an agreement earlier this year to stress-test each other’s commercially available AI models, according to The Information. The proposed deal included API access and no data retention.