On April 16, the White House released a major update on crypto regulation — and the ripple effects were felt fast across the markets. The new rules aim to bring more transparency and security to crypto trading, with a clear focus on tightening Know Your Customer (KYC) standards and monitoring digital asset transactions more closely.
This move is meant to crack down on illicit activities and create safer conditions for both investors and exchanges.
But here’s what really grabbed traders’ attention: AI-related crypto tokens like AGIX (SingularityNET) and FET (Fetch.AI) pumped hard right after the announcement.
AI Tokens React Fast — Prices and Volume Surge
Within an hour of the announcement:
- AGIX shot up 8.2% to $0.85
- FET jumped 6.5% to $1.23
- Trading volumes exploded — 150 million AGIX tokens and 100 million FET were traded in just 30 minutes.
On Binance, trading pairs like AGIX/BTC and FET/ETH saw volume boosts of 20% and more. Active wallet addresses for both tokens surged too — a clear sign of growing interest and activity.
Why the AI Connection?
The White House didn’t just focus on crypto — the update also touched on AI and blockchain regulation, signaling that these technologies are now firmly on policymakers’ radar. That was enough to spark bullish sentiment around AI tokens, which are seen as part of the next wave of decentralized innovation.
Bigger Market Shift: Bitcoin and Ethereum Also Climbed
The excitement wasn’t limited to AI tokens:
- Bitcoin rose 2.5% to $65,000
- Ethereum gained 3.1% to $3,500
- The Crypto Fear & Greed Index climbed from 45 to 55 — a noticeable shift toward optimism.
Technical Signals: Short-Term Hype or Long-Term Momentum?
By midday:
- AGIX’s RSI hit 72 and FET’s hit 68 — both nearing overbought territory.
- Bullish MACD crossovers were spotted for both tokens, confirming short-term momentum.
Traders should stay alert: while excitement is high, overbought signals suggest that a pullback could be coming soon.
Key Takeaways for Traders
- Expect volatility in AI and blockchain tokens as regulations evolve.
- Monitor technical indicators like RSI and MACD for entry/exit points.
- Watch active address data and trading volume for real-time signals on interest and activity.
- Pay attention to policy shifts — especially when governments talk about AI or blockchain. Markets react fast.
Bottom Line:
The White House’s latest move shows regulators are getting serious about crypto and AI. For traders, that means opportunity — but also the need for sharper risk management. If you’re trading AI tokens like AGIX and FET, keep a close eye on the charts and news headlines. This is just the beginning.
