MarsbitNews

Mars Finance news, September 3: Market news: The Bank of Japan is reportedly inclined to raise interest rates by 25 basis points and plans to adopt flexible policy measures going forward.

Morgan Stanley reiterated its Overweight rating on SpaceX with a $300 price target, saying the stock is “very cheap” based on its growth prospects. Analyst Adam Jonas said SpaceX’s growth-adjusted valuation is approximately 40% lower than those of its mega-cap AI peers. Potential catalysts include a Starship flight, third-quarter earnings, the release of Grok, and more Neocloud deals. If Starship is successfully caught, it could become the biggest catalyst since the IPO.

Mars Finance reported on October 5 that electrolyte leader Tinci Materials passed the Hong Kong Stock Exchange listing hearing, with JPMorgan Chase, CITIC Securities, and GF Securities serving as joint sponsors. In the first half of this year, the company generated revenue of RMB 14.71 billion, up 1.09 times year on year, and profit of RMB 2.847 billion, up 9.74 times, mainly due to increases in both the sales volume and average selling price of lithium-ion battery materials. (Wide-Angle Observation)

Mars Finance reports that, according to SolanaFloor monitoring, Circle minted approximately 2.75 billion USDC on Solana again over the past 7 days.

The latest survey shows that the digital asset ownership rate among 2,230 affluent investors in the US, UK, France, Germany, Italy, Sweden, and Switzerland ranges from 54%–70%, with the US, UK, and Germany nearing 70%. Among current holders, there is strong willingness to increase holdings in 2026: at least 85% in five markets plan to buy more, with the US, UK, and Germany at 91%, Switzerland at 78%, and Sweden at 71%.

Mars Finance reports that on October 5, according to market data, New York silver futures rose 3.00% today, currently trading at $62.24 per ounce.

Mars Finance reports that, according to Coinglass data, as Bitcoin gains strength again, funding rates on major CEXs and DEXs currently indicate that bearish market sentiment has weakened significantly. Funding rates are fees set by cryptocurrency trading platforms to keep contract prices aligned with the prices of underlying assets. They are typically used for perpetual contracts and serve as a mechanism for fund transfers between long and short traders. Trading platforms do not charge these fees. A funding rate of 0.01% represents the baseline rate; a rate above 0.01% indicates that the market is generally bullish, while a rate below 0.005% indicates that the market is generally bearish.

BofA raised Coinbase’s price target from $174 to $203, reaffirmed its Buy rating, and expects stablecoin revenue to grow after the Fed raises interest rates in September, leading it to increase its 2027–2028 EPS estimates. However, due to weaker cryptocurrency trading volumes, the bank lowered its near-term earnings expectations, despite Bitcoin and Ethereum rising 43% and 70%, respectively, in the third quarter.

According to The New York Times, James has reached a $15 million partnership with prediction market Polymarket, serving as a spokesperson rather than an investor. The partnership focuses on non-NBA markets such as soccer, and there is currently no evidence of any violation of NBA rules. As interactions among players, teams, investors, and prediction platforms deepen, the league faces the regulatory challenge of distinguishing legitimate endorsements from information-based conflicts of interest that could potentially affect market fairness.

Mars Finance reports that, according to data monitored by Arkham, Aster DEX burned approximately 3.109 million ASTER tokens about one hour ago, worth approximately $2.25 million. Analysis indicates that Hyperliquid’s total token supply is close to 1 billion, while Aster’s total token supply is 8 billion, approximately eight times that of Hyperliquid. As a result, the market is watching whether Aster’s future burn mechanism can continue to reduce token supply pressure.

Japanese-listed company Metaplanet announced that it had made a net purchase of 1,000 BTC in the third quarter of fiscal 2026, bringing its total holdings to 44,000 BTC as of September 30. To validate its ability to monetize its holdings, the company bought and sold Bitcoin and conducted buybacks during the quarter, selling 10,000 BTC and purchasing 11,000 BTC, for a net increase of 1,000 BTC.

QCP Capital stated that the macro narrative shifted over the past three weeks, with the market moving from expectations of a Fed rate hike in October to expectations of rates being maintained. September nonfarm payrolls increased by 30,000, the unemployment rate was 4.2%, and wage growth was 3.0%; the three-month average was approximately 50,700, and the probability of an October rate hike fell to 22%. The 10-year U.S. Treasury yield remained as high as 5.25%, driven by supply and the term premium. Bitcoin needs to rise above $87,200 to gain upward momentum, while ETH is consolidating around $2,725. The market is watching the Fed minutes, the TOKEN2049 Singapore conference, and October CPI.

The wave of AI hardware companies listing in Hong Kong continues to gain momentum: Innolight, Luxshare Precision, Victory Giant Technology, and others have successively raised more than HK$100 billion in total and listed on the Hong Kong Stock Exchange. Some companies are planning secondary listings, while Kinwong Electronic and others are also taking part. However, the new-stock break rate has already exceeded 70%, secondary-market support in Hong Kong remains insufficient, and the Hang Seng Tech Index has weakened. The key question is whether the funds raised can be converted into production capacity and profits, which will determine how far this wave of southbound listings can go.

Mars Finance reports that Arkham posted on X that in February 2025, it identified more than 1,000 addresses belonging to Kelsier Ventures (Hayden Davis) and published the complete set for the first time. At the time, these addresses held nearly $300 million in crypto assets, primarily LIBRA tokens; their current value has fallen to $2 million.

In 2026, the agent economy is accelerating the evolution of payment infrastructure, while digital assets and stablecoin payments are entering real-world commercial scenarios. ODIG, Sunrate, and Google Cloud are focusing on next-generation payment infrastructure in the Asia-Pacific region from Singapore, discussing Crypto Cards, the integration of on-chain payments with the banking system, new payment needs and standards in Agentic Finance, and the impact of the machine economy on payment networks and business models.

The Bloomberg Terminal now monitors select Hyperliquid perpetual contracts around the clock, covering cryptocurrencies, stocks, commodities, foreign exchange, and indices. Trade execution is not yet supported. This expands institutional distribution channels, allowing institutional teams to compare Hyperliquid prices with benchmarks such as BTC, Nvidia, the S&P 500, Brent crude oil, and EUR/USD within their workflows, increasing exposure and credibility and making it one of the price sources familiar to institutions. This does not represent an immediate influx of capital in the short term, but it could help bring on-chain markets into the institutional trading environment.

Mars Finance reported that on October 5, according to market data from BIT (bit.com), crypto-related stocks broadly rose in U.S. premarket trading: CRCL rose 2.26%, MSTR rose 2.97%, HOOD rose 1.18%, BMNR rose 2.17%, COIN rose 2.11%, BNC rose 4.44%, and HSDT rose 14.07%.

Mars Finance reports that on October 5, according to market sources, Saudi Arabia’s east-west oil pipeline suspended operations after being attacked again.

According to BIT market data, in premarket trading for U.S. stocks on October 5, semiconductor, storage, and optical communications stocks broadly rose: semiconductors—Lam Research 0.21%, AMAT 0.21%, and Arm 0.70%; storage—Micron 0.03%, Western Digital 1.62%, SanDisk 0.87%, and Seagate 1.56%; optical communications—AAOI 1.45%, COHR 0.88%, CRDO 1.44%, LITE 0.88%, Nokia 0.19%, and Astera 1.88%.