Bitwise on Tuesday launched Automated Token Portfolios, a new product that lets eligible investors outside the United States hold Coinbase-issued tokenized stocks directly in their own wallets on Base. The offering builds on Coinbase’s tokenized-stock infrastructure, which went live a day earlier with four technology names, and packages those assets into rules-based portfolio strategies. Bitwise said it selects the portfolio constituents and target allocations, while Glider executes trades and handles rebalancing. The firms said they do not take custody of user tokens during that process. Although Bitwise announced three portfolio models, only Mag7X is currently active on Glider’s platform, while Robotics and AI Leaders are listed as coming soon. Mag7X is intended to equally weight Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, Tesla, and SpaceX. At launch, though, the live strategy only holds the four tokenized stocks Coinbase currently offers — Apple, Alphabet, Meta, and Nvidia — each at 25%. Glider lists a 0.15% fee and says Coinbase is also providing an extra 10% incentive to the strategy. Access is limited to non-U.S. persons in eligible jurisdictions under Regulation S, and the tokens are issued by a Coinbase entity licensed in Abu Dhabi Global Market.

A PANews opinion column by XinGPT revisits Nvidia’s price action from July to November 2024 and uses that stretch as a reference point for the current semiconductor trade. The piece argues that market turning points are easier to identify when technical signals, positioning data and business fundamentals are read together rather than in isolation. On the top side, the article points to failed breakouts, double-top structures and bearish engulfing candles, then pairs those signals with crowded positioning and leverage. It cites a June 2024 survey in which 70% of fund managers saw long Mag7 as the most crowded trade, along with $1.4 billion of retail net buying in NVDA over a five-session window ending Aug. 27 and $3.5 billion of annual net inflows into the 2x long NVDA ETF NVDL. Even strong earnings were not enough to prevent losses when Nvidia’s Aug. 28 report showed a 3% decline in gross margin and the stock fell nearly 7% after hours. On the bottom side, the article highlights Aug. 5-7, 2024, when Nvidia printed a long intraday reversal candle on 553 million shares, followed by confirmation and a successful retest. XinGPT also points to panic readings including a VIX print of 65, a 12.4% drop in the Nikkei and a 9% drop in the KOSPI that triggered a circuit breaker. The column’s trading takeaway is to cut exposure when topping signals coincide with fragile positioning, and to watch for recovery trades when macro-driven selling leaves company fundamentals intact.

U.S. stocks split on Monday as weakness in semiconductors, memory names and optical networking shares weighed on the Nasdaq, while the Dow edged higher. Oil fell after Donald Trump said the U.S. had paused strikes on Iran to leave room for talks, easing immediate fears around a wider Middle East disruption. That also helped pull the 10-year Treasury yield down to 4.63%, even as markets kept their attention on this week’s Federal Reserve meeting and the possibility, however contested, of a surprise 25-basis-point rate hike. Trading within the AI complex showed a sharper divide. Investors favored software and lighter-capex companies such as Shopify, Palantir, SAP, ServiceNow, Salesforce and Adobe, while AI hardware names came under broad pressure. UBS said credit markets are re-pricing the long-term monetization risk tied to AI capital spending, with projected combined fiscal 2026 capex by Alphabet, Amazon, Microsoft, Meta, Oracle and CoreWeave reaching about $849 billion and potentially topping $1 trillion in 2027. China-related developments added to the pressure. ChangXin Technology surged more than 465% in its market debut, pushing investors to reassess the long-term DRAM supply picture, while a report from The Information said a Chinese company has started small-batch production of immersion DUV lithography machines. Apple rose 1.17% and overtook Nvidia as the world’s most valuable listed company for the first time since April 2025, while Nvidia, SanDisk, SK Hynix and ASML all posted notable declines.

Bitcoin fell below $80,000 for the first time since April 2025 after $2.7 billion in liquidations hit the market. Wintermute said spot ETF outflows of about $6.2 billion since November added to the pressure.

Coinbase introduces regulated crypto futures under MiFID across 26 European nations, offering perpetuals, quarterly contracts, and a hybrid Mag7+ crypto index, bridging institutional access.

The Philadelphia Semiconductor Index, or SOX, has fallen about 19% from its late-June 2026 record high of 14,638 to 11,867.50, while Japanese memory maker Kioxia has dropped by half from its June peak. The sell-off has spread across semiconductor subsectors, hitting memory names such as Micron, Sandisk, Samsung Electronics, and SK hynix, as well as optical communications stocks including Lumentum, Coherent, and Applied Optoelectronics. On X, analyst Serenity argued the weakness looks less like a collapse in AI semiconductor fundamentals and more like the final phase of deleveraging and margin-driven liquidation, noting that Micron still fell 5% even after announcing a long-term memory supply agreement with Qualcomm. Trader 3X Long Labubu said the 50-day EMA is now the key technical line to watch, with SOX sitting near the lows seen on June 9 and July 7. He expects range-bound trading before the Magnificent Seven earnings reports, as investors debate AI capex levels and the timing of returns on that spending. Hedge fund manager and early Nvidia investor Gavin Baker, along with market commentator bubble boi, remained constructive, with the latter pointing to August as a possible starting point for the next leg higher if AI capex keeps accelerating.

Coinbase announced the first U.S.-listed index futures merging Magnificent 7 tech stocks with crypto ETFs, launching on Sept. 22 to meet institutional demand for multi-asset exposure.

As the Q4 2025 bull market accelerates, this guide ranks the top 15 crypto exchanges based on trading volume, security, and innovation. Key highlights include Binance's 40% market share, Bitget's Universal Exchange, Coinbase's Deribit acquisition, and emerging trends in regulation, derivatives, and self-custody.