00:00Welcome to this week's update on Bitcoin, NVIDIA, and the broader AI and crypto markets
00:03covering the major trends and stories between August 25th and August 29th, 2025.
00:09Let's start with Bitcoin.
00:11On August 25th, it opened at approximately back $113,457 and closed lower at back $110,124,
00:20marking a pullback from LA highs.
00:23By August 26th, Bitcoin hovered around the same level, closing near back $111,803,
00:28reflecting some short-term stabilisation.
00:31Fast forward to August 27th, the price settled around back $111,222, holding steady.
00:39On August 28th, it rallied slightly but remained under pressure.
00:43As the week wrapped up on August 29th, Bitcoin stayed volatile, finishing the month down,
00:47with August's average closing price landing at back $115,795 at 3.4% decline.
00:54In summary, Bitcoin drifted downward throughout the final week of August,
00:57ending near the backslash $110,112k range and contributing to a roughly 3-4% monthly decline.
01:04Now, let's turn to NVIDIA.
01:06The company reported a stellar Q12 fiscal results revenue soared 56% year-on-year to backslash $46.07 billion,
01:13beating expectations.
01:14Yet, concerns over China-bound AI chip sales drain investor confidence.
01:18NVIDIA forecasted Q3 revenue of backslash $54 billion, slightly above Wall Street's projections.
01:23But caution possessed especially regarding data-centred growth slowing and geopolitical risks lingering.
01:29Wall Street's reactions were mixed.
01:31Price targets rose, with some firms lifting their outlooks above backslash $215.
01:36Still, the stock slid roughly 3-5% after these mixed signals.
01:40Despite strong fundamentals, NVIDIA retreated late in the week, pressured by US, China tensions and fears of an AI bubble,
01:46though analysts remain bullish over the long term.
01:49Asterisk-a-sterisk, Ion surges on AI expansion, asterisk-a-sterisk.
01:53Bitcoin miner Ion shot the market with a huge turn around reporting earnings of $0.21 per share versus a loss last year,
01:59and revenue soaring 228% year-over-year to backslash $187 million.
02:04Mining revenue jumped over 230%, while power capacity surged 400%.
02:08Beyond mining, Ion entered the AI sector by adding nearly 11,000 GPUs and earning NVIDIA preferred partner status.
02:14Its stock surged 26% on the news.
02:18Asterisk-a-sterisk, crypto markets retreat on Fed concerns, asterisk-a-sterisk.
02:23Bitcoin slept about 2.5% to just above backslash $110,000 as hopes for major Federal Reserve rate cost faded.
02:30Ethereum, XRP, Solana and DogeGrid also fell as political tensions and monetary policy uncertainty weighed on the crypto market.
02:37Asterisk-a-sterisk, Eric Trump's bullish prediction, asterisk-a-sterisk.
02:40At the Bitcoin Asia conference in Hong Kong, Eric Trump declared that the Trump family loves the Bitcoin community
02:46and predicted Bitcoin will eventually hit $1 million.
02:49Bitcoin had already risen 18% in 2025, peaking near backslash $124,000 before its latest pullback to around backslash $110,000.
02:58Asterisk-a-sterisk, Trump family's backslash $6.04 billion crypto initiative asterisk-a-sterisk.
03:02The Trump family also announced a massive backslash $6.04 billion crypto venture in partnership with Crypto.com.
03:10Plans include backslash $2 billion Bitcoin treasury, a proposed Bitcoin ETF, and adoption of the Kronos token as a utility coin.
03:16The CRO token price surged more than 100% in a single week on the news.
03:21Asterisk-a-sterisk, where sell-off hits Bitcoin, asterisk-a-sterisk.
03:24Earlier in a week, Bitcoin was rupt by a whale sell-off.
03:2724,000 coins hit the market, dragging prices from roughly backslash $117,000 down to backslash $111,000 in just days.
03:35Analysts noted growing investor interest shifting toward Ethereum and Solana.
03:40Asterisk-a-sterisk, Bitcoin at 7-week-low, asterisk-a-sterisk.
03:44By August 27th, Bitcoin hit a 7-week-low near backslash $111,000 over 10% below its mid-August highs.
03:50Some see this as a classic chance to buy the dip, while others expect further weakness.
03:55Asterisk-a-sterisk, cyber security, and AI-a-sterisk-a-sterisk.
03:59Experts at the world leaders forum warned that AI-powered cyber threats like deepfakes made for just a few dollars are advancing fast.
04:05They urge businesses to adopt AI defenses proactively before attackers gain the upper hand.
04:10Asterisk-a-sterisk, Nvidia's AI momentum-a-sterisk-a-sterisk.
04:13While Nvidia's earnings beat expectations, the CEO emphasized advances in reasoning AI, robotics, and the company's black hole platform.
04:21Even with China sales slowing, Nvidia continues to lead the AI hardware race.
04:26Asterisk-a-sterisk, self-driving AI lab, asterisk-a-sterisk.
04:30Researchers unveiled an AI-powered self-driving lab called Rainbow, capable of running over 1,000 experiments daily.
04:36The system synthesized high-quality quantum dots in just one day, pointing to a future of automated scientific discovery.
04:41Asterisk-a-sterisk, AI's got code faster than asterisk-a-sterisk.
04:46Elon Musk's AI-release got code faster than a lightweight model designed to speed up software development.
04:52Available for free on platforms like GitHub, Copilot, and Cursor.
04:55It promises faster, more cost-efficient coding assistance.
04:59Asterisk-a-sterisk, concerns of an AI bubble, asterisk-a-sterisk.
05:02Meanwhile, an MIT study revealed that despite backslash $30, $40 billion poured into generative AI by enterprises, 95% have seen no measurable returns.
05:11Analysts, one of bubble-like conditions, echoing the dot-com boom, while Sam Altman acknowledged investor expectations are overheated.
05:18This week, Bitcoin ended in retreat after whale sell-offs and fair-driven jitters, NVIDIA and Prespa stumbled on China worries,
05:24and the AI world raced forward with both breakthroughs and bubble concerns.
05:28Stay tuned, and next week could bring fresh catalysts in crypto, AI, and beyond.
05:32Don't forget to subscribe for more weekly updates.
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