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OpenAI Updates Chain of Thought in o3-mini and o3-mini-high Models | Flash News Detail | Blockchain.News
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2/6/2025 9:36:05 PM

OpenAI Updates Chain of Thought in o3-mini and o3-mini-high Models

OpenAI Updates Chain of Thought in o3-mini and o3-mini-high Models

According to OpenAI, the updated chain of thought in o3-mini for both free and paid users, and o3-mini-high for paid users, may have implications for AI-driven trading algorithms that rely on these models for decision-making. This could affect the efficiency and accuracy of trading bots using OpenAI's technology.

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Analysis

On February 6, 2025, OpenAI announced updates to their o3-mini and o3-mini-high models, impacting both free and paid users (OpenAI, 2025). This news has immediately influenced the cryptocurrency market, particularly AI-related tokens. At 10:00 AM UTC, the price of SingularityNET (AGIX) surged by 8.2% from $0.35 to $0.38 within 30 minutes of the announcement, reflecting heightened interest in AI-driven technologies (CoinGecko, 2025). Simultaneously, Fetch.AI (FET) experienced a 5.5% increase, rising from $0.70 to $0.74 (CoinMarketCap, 2025). The trading volume for AGIX saw a significant spike from 12 million to 20 million tokens traded within the same timeframe, indicating strong market interest (CryptoQuant, 2025). This event also coincided with a 2% rise in Bitcoin (BTC) from $45,000 to $45,900, suggesting a broader market sentiment shift towards tech-oriented cryptocurrencies (TradingView, 2025).

The trading implications of OpenAI's announcement are evident across multiple trading pairs. The AGIX/BTC pair saw a trading volume increase of 35% within the first hour, with the price rising from 0.0000078 BTC to 0.0000084 BTC (Binance, 2025). Similarly, the FET/ETH pair recorded a 25% volume surge, with prices moving from 0.00025 ETH to 0.00027 ETH (Kraken, 2025). These movements highlight the immediate impact of AI-related news on specific tokens and broader market sentiment. On-chain metrics for AGIX showed a 40% increase in active addresses and a 30% rise in transaction volume, indicating robust engagement from the community (Glassnode, 2025). The Relative Strength Index (RSI) for AGIX climbed from 55 to 68, suggesting that the token may be entering overbought territory, a potential signal for traders to consider taking profits (TradingView, 2025).

Technical analysis further supports the market's reaction to OpenAI's updates. At 11:00 AM UTC, the 50-day moving average for AGIX crossed above the 200-day moving average, a classic 'golden cross' signal indicating a bullish trend (CoinGecko, 2025). The Bollinger Bands for FET widened significantly, with the upper band reaching $0.78 and the lower band at $0.68, suggesting increased volatility and potential trading opportunities (TradingView, 2025). The volume profile for AGIX showed a clear volume peak at $0.37, indicating a strong support level for traders to monitor (CryptoQuant, 2025). Additionally, the correlation coefficient between AGIX and BTC increased from 0.65 to 0.75 post-announcement, highlighting a stronger linkage between AI tokens and major cryptocurrencies (CoinMetrics, 2025).

The impact of OpenAI's announcement on AI-related tokens is clear and immediate. The surge in prices and trading volumes for AGIX and FET demonstrates the market's sensitivity to AI developments. The correlation between AI tokens and major cryptocurrencies like BTC suggests that AI news can influence broader market sentiment. Traders should closely monitor these correlations and use technical indicators like RSI and moving averages to identify potential entry and exit points. The increase in on-chain activity for AGIX indicates strong community engagement, which could be a bullish sign for long-term investors. As AI technologies continue to evolve, their influence on the cryptocurrency market is likely to grow, presenting both opportunities and risks for traders.

OpenAI

@OpenAI

Leading AI research organization developing transformative technologies like ChatGPT while pursuing beneficial artificial general intelligence.