How did a $45 billion AI fund that was both long and short still lose about 67% in a single month?
The fund is managed by 24-year-old former OpenAI researcher Aschenbrenner. Its portfolio looks hedged: long SK Hynix and AI computing companies like CoreWeave, and short software companies like Adobe that could be replaced by AI.
The problem is that both sides were actually betting on the same thing: AI would win.
When the AI trade was hot, computing stocks rose and software stocks fell, so both sides made money. When that view reversed across the board in late July, semiconductors began to fall,

ThisIsTranslateContent:4 minutes ago

#DOGE Dogecoin Surpasses 240 Million Coins Added in One Week: What Does the Future Hold for Dogecoin?
Over the past seven days, the OG meme coin has performed poorly, with its valuation falling 9% and its current trading price at around $0.08. However, whales have taken advantage of this opportunity to buy at lower prices, which could lay the groundwork for a rebound.
Analysts believe Dogecoin may have reached a key turning point, with some expecting a major rally soon.
Numerous bullish factors
Well-known X user Ali Martinez revealed that large investors collectively purchased more than 240 mi

DOGE-3.95%

TianyiCrypto an hour ago

Keep it simple—let the facts speak!
The results over time have been clear for all to see.
The steady growth in net asset value is the best answer I can give in return for everyone’s trust!
$BTC #美联储即将公布利率决定

BTC-0.86%

十一2 hours ago

【$ADA Signal】1H rebound is weak + 4H bearish alignment, short into the rebound
$ADA The 1H rebound stopped below EMA20 (0.1963), while the 4H has posted six consecutive bearish candles. The buy ratio remained at 0.43-0.50, below the equilibrium line throughout. RSI 4H is 32.46 and 1H is 38.31, with no signs of bullish divergence in the weak zone. The MACD 4H histogram at -0.0013 continues to contract, while the 1H histogram has only just turned positive at 0.0003, with volume failing to keep up. The Bollinger lower band is 0.1926, while the middle band at 0.2038 is capping the upside. Order bo

ADA-5.83%

GateUser-9a3f4236 4 minutes ago

Time for pain
$NEET

Cryptolishaan hour ago

#BTCDrops3.3 % #BTCDrops3.3% 📉
Bitcoin faced renewed selling pressure, slipping around 3.3% and briefly trading below the $75,000 level before recovering toward the mid-$75K range.
The move comes as markets digest the latest U.S. crypto-regulation developments while attention remains firmly on the Federal Reserve’s rate decision. Rising Treasury yields and broader risk-off sentiment are also adding pressure to digital assets.
For the crypto market, the next phase could remain volatile as traders watch BTC’s ability to stabilize around the $75K area and respond to upcoming macro signals.

BTC-0.86%

bitcoindata21 41 minutes ago

$PURR , the $HYPE treasury company is consolidating above previous swing highs.
Daily RSI should bounce off 50 in a bullish uptrend - almost there.

PURR+1.95%

HYPE-0.98%

Mrs_Thynkan hour ago

🔥 Hot topics have been updated—here are two trends worth following today 👇
🏦 Federal Reserve rate decision
Market pricing for a rate hike has risen to 87%–95%, with the dot plot’s guidance on the year-end rate path becoming the focus.
⚠️ CLARITY Act fails to pass
Pessimism is mounting in the market, with BTC briefly falling below $75,000 and Meme tokens pulling back across the board.
Choose a direction you’re good at, bring the corresponding topic, and post on Gate Square!
High-quality hot-topic content can receive traffic support + content mining rewards. Good insights deserve to be seen b

GateSquare2026-09-16 06:24:52

BTC-0.86%

MEME-2.58%

Sleepy0x13 16 minutes ago

The Doubao phone once again lives up to expectations.

GateUser-e2e603a0 2 hours ago

LDO pump pump big pump ath go

LDO-5.89%

DuniaForexCrypto2 hours ago

#FedAnnounceRateDecisionSoon
Ahead of Tonight’s Fed Decision: Key Points
Today, Wednesday, September 16, 2026, the FOMC will release its interest rate decision at 18:00 UTC, followed by a press conference from Fed Chair Kevin Warsh at 18:30 UTC. There will be an SEP and dot plot — this is not a routine meeting.
The market is nearly in agreement: the probability of a 25 bp hike is around 90–94%. The 3.50–3.75% fed funds target could rise to 3.75–4.00%, the first hike since 2023. What has not been fully priced in: Warsh’s tone and whether the dot plot signals another hike before year-end.
Infla

EURUSD-0.07%

USDJPY+0.11%

NVDA+1.22%

MU+0.75%

TSLA+0.79%

OldACryptocurrencyCircle 2 hours ago

I didn’t make any judgment call—I simply held it a little longer and didn’t expect it to actually deliver. During the repeated intraday swings, $SCRT fell just short every time it pushed upward, with clear resistance above. I only reminded everyone: don’t chase, hold your short positions firmly.
From 0.02694 to 0.00851, +1677.56% secured. It really feels great—time to enjoy a good meal.
The prerequisite for compounding is staying alive; the shortcut to getting rich overnight is often going to zero. Managing risk upfront is called rationality; cutting after taking a loss is called making a cou

SCRT-3.96%

LAB-4.80%

ZEC+11.36%

TalkingAboutMemeAsTheCoinMakes3 days ago

Layout for Bitcoin, Ethereum, and Dogecoin

LIVE3,128

KatyPaty5 hours ago

The Fed Rate Decision Is Almost Here! A rate hike is once again the market’s base case.

LIVE2,785

EnormousJames 43 minutes ago

This is how I trade memecoins. Gotta stay safe.

JiangYiGuanJin 2 hours agoBullish

Organize the news in advance, provide insights ahead of time, reject hindsight, and don’t do after-the-fact summaries.$XAUT #黄金

XAUT+1.15%

十一3 minutes ago

【$SYN Signal】Long + 1H pullback accumulation
$SYN 1H pullback accumulation, 4H MACD histogram expanding at 0.0124, order book Bid/Ask at 1.31, negative funding rate at -0.0078%. Buy orders are thick below 0.1754, selling pressure is quickly absorbed, and 0.174141 is the bulls' hard defense line.
🎯Direction: Long
⚡Entry/Limit Orders: 0.175372 - 0.175900
🛑Stop Loss: 0.174141
🚀Target 1: 0.178539
🚀Target 2: 0.179858
🛡️Trade Management:
- Execution strategy: After reaching Target 1, reduce the position by 50% and move the stop loss up to the breakeven level. If the price falls back to the entr

SYN+120.33%

BTC-0.86%

ETH-2.23%

SOL-2.92%

OldACryptocurrencyCircle an hour ago

I was in a pretty bad mood today, but opening my account made me feel a little better—at least staying up late wasn’t for nothing. A few days ago, the last thing I saw before bed, $JCT every time it pushed upward it fell just short. The bullish signal was already very obvious, with a strong bull-trap feel and insufficient buying support.

From 0.002429 to 0.001562, +875.27% secured—the profit feels great.

Close 80% first and protect the cost basis on the remaining 20%. Take profits when it’s time.

Being out of the market isn’t a crime; opening positions recklessly is the mistake.

At th

JCT-4.23%

DOGE-3.99%

SNDK-2.19%

智赢舵手 26 minutes ago

$APT Current price 0.532, 24h -6.83%, trading volume 7.7M USDT. The moving average structure is bearish: MA5=0.5328 has fallen below MA20=0.54215, and the price is trading close to MA5, with limited rebound strength. However, short-term momentum is showing divergence: RSI=31.9 is nearing oversold territory, while the MACD histogram has turned positive at +0.0003626, indicating that bearish momentum is weakening; the Bollinger lower band at 0.524734 forms the first support, while the upper band at 0.559566 is rebound resistance. The funding rate is -0.0129%, meaning shorts are paying, indicati

APT-6.84%

VTHO-13.81%

DOGE-3.99%

QueenOfTheDay2 hours ago

#BTCDrops3.3%
Bitcoin has come under renewed selling pressure, with BTC falling around 3.3% as the crypto market reacts to a combination of regulatory uncertainty and macroeconomic risk. Recent reports show BTC trading around the $75K–$76K area after a sharp decline from its recent highs.
The latest weakness comes after the U.S. Senate failed to advance the CLARITY Act, adding uncertainty around the future regulatory framework for digital assets. At the same time, markets are closely watching the Federal Reserve’s upcoming rate decision, keeping traders cautious.
For traders, volatility remai

BTC-0.86%

Join 40 M users in our growing community

⚡️ Join 40 M users in the crypto craze discussion

💬 Engage with your favorite top creators

👍 See what interests you

Join 40 M users in our growing community

Trending Topics

GateTrenchesExclusive0GasTrading#

FedAnnounceRateDecisionSoon

CLARITYActFailsToPass

Upload Local Image

Upload Local Video

Join 40 M users in our growing community

Trending Topics

GateTrenchesExclusive0GasTrading#

FedAnnounceRateDecisionSoon

CLARITYActFailsToPass