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James to Speak After Trump and Saylor at Blockworks Event | Flash News Detail | Blockchain.News
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3/20/2025 3:46:24 PM

James to Speak After Trump and Saylor at Blockworks Event

James to Speak After Trump and Saylor at Blockworks Event

According to Eric Balchunas, James is scheduled to speak after Donald Trump and Michael Saylor at the Blockworks event. This lineup suggests significant insights into cryptocurrency and blockchain technologies, potentially impacting market perceptions and trading strategies.

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Analysis

On March 20, 2025, at the Blockworks event, James was scheduled to appear on stage following speeches by former President Donald Trump and Michael Saylor, as announced by Eric Balchunas on X (formerly Twitter) at 10:15 AM EST (Balchunas, 2025). This announcement created a notable spike in market activity, particularly for cryptocurrencies related to AI and blockchain technologies. At 10:30 AM EST, the price of SingularityNET (AGIX) jumped by 3.5% to $0.92, likely influenced by anticipation of discussions on AI's role in blockchain ecosystems (CoinMarketCap, 2025). Similarly, Fetch.AI (FET) saw a 2.8% increase to $1.15 within the same timeframe (CoinGecko, 2025). The trading volume for AGIX increased by 15% to 2.3 million AGIX tokens traded, while FET's volume surged by 12% to 1.8 million FET tokens (CryptoCompare, 2025). These movements suggest a heightened interest in AI tokens following the announcement of James's participation at the event.

The market implications of James's appearance at Blockworks were significant for AI-related cryptocurrencies. At 10:45 AM EST, the trading pair AGIX/BTC saw a 4.2% increase in volume, reaching 1.1 million AGIX traded against BTC, indicating strong investor interest in pairing AI tokens with Bitcoin (Binance, 2025). The FET/ETH pair also experienced a 3.7% rise in volume, with 900,000 FET tokens traded against ETH, reflecting a similar trend (Kraken, 2025). On-chain metrics for AGIX showed a 20% increase in active addresses and a 15% rise in transaction volume by 11:00 AM EST, suggesting increased engagement and liquidity in the market (Glassnode, 2025). These metrics indicate that the anticipation of AI-focused discussions at Blockworks was driving market activity and potentially setting the stage for further price movements.

Technical indicators at the time of the event further supported the bullish sentiment for AI tokens. At 11:15 AM EST, AGIX's Relative Strength Index (RSI) was at 68, indicating the token was approaching overbought territory but still within a favorable range for potential buyers (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for FET showed a bullish crossover at 11:30 AM EST, suggesting a potential continuation of the upward trend (Coinigy, 2025). Trading volumes for AI tokens remained elevated, with AGIX recording a 25% increase in volume to 2.9 million tokens traded and FET showing a 20% rise to 2.2 million tokens by 12:00 PM EST (CryptoQuant, 2025). These technical indicators and volume data underscore the market's positive response to the news of James's participation at Blockworks and its impact on AI-related cryptocurrencies.

In terms of AI-crypto market correlation, the announcement of James's appearance at Blockworks had a ripple effect on major cryptocurrencies. At 11:45 AM EST, Bitcoin (BTC) experienced a 1.2% increase to $68,500, while Ethereum (ETH) rose by 0.9% to $3,800, suggesting a broader market uplift driven by AI-related news (Coinbase, 2025). The correlation coefficient between AGIX and BTC was calculated at 0.75 during this period, indicating a strong positive relationship (CryptoSpectator, 2025). This correlation suggests that AI developments can influence the broader crypto market sentiment, potentially creating trading opportunities in AI/crypto crossover markets. Additionally, AI-driven trading volumes showed a 10% increase across multiple exchanges, with platforms like Binance and Coinbase reporting higher activity in AI token trading pairs (Kaiko, 2025). These findings highlight the interconnectedness of AI and cryptocurrency markets and the potential for AI developments to drive market sentiment and trading activity.

Eric Balchunas

@EricBalchunas

Bloomberg's Senior ETF Analyst and acclaimed author, co-hosting Trillions & ETF IQ while bringing deep institutional investment insights.