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Market News: The Bank of Japan Is Reportedly Inclined to Raise Interest Rates by 25 Basis Points
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.
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Bonk Guy spent $168,000 to buy 19 million SI, with unrealized profits now exceeding $1 million.
Mars Finance reports that, according to Lookonchain monitoring on September 30, well-known trader Bonk Guy’s gains on SI have now exceeded $1 million. He invested $168,000 to purchase 19 million SI tokens, which are currently worth $1.2 million, representing a return of approximately 6x.
U.S. Treasury yield curve steepens, registering +37.2 basis points
Mars Finance reports that after the release of U.S. data, the U.S. 2-year/10-year Treasury yield curve steepened, most recently at +37.2 basis points.
U.S. consumer spending posts its biggest increase in a year, while core PCE rises 0.2%
Mars Finance News, September 30: U.S. consumer spending grew at its fastest pace in more than a year in August, continuing to power the economy amid persistent inflationary pressures. According to data released Wednesday by the U.S. Bureau of Economic Analysis, inflation-adjusted personal spending rose 0.6% month over month in August, marking its largest monthly increase since March 2025. The Personal Consumption Expenditures (PCE) price index, the inflation gauge favored by the Federal Reserve, rose 0.3% month over month in August. Excluding food and energy, the core PCE price index rose 0.2%. (Jinshi)
U.S. personal consumption expenditures grew 3.8% in the second quarter, exceeding expectations.
Mars Finance reports that the final quarter-over-quarter annualized rate of U.S. real personal consumption expenditures for the second quarter was 3.8%, higher than the expected 3.4% and the previous reading of 3.4%.
After the PCE data was released, the probability that the Federal Reserve will keep interest rates unchanged in October is 52.9%.
According to CME FedWatch, following the release of the PCE data, the probability of keeping rates unchanged in October is 52.9%, while the probability of a cumulative 25-basis-point rate hike is 47.1%; for December, the probability of keeping rates unchanged is 10%, the probability of a cumulative 25-basis-point rate hike is 51.8%, and the probability of a cumulative 50-basis-point rate hike is 38.2%. August core PCE rose 3% year-over-year, below the expected 3.3%, with the previous 3.30% revised to 3.0%.
U.S. short-term interest rate futures rise as traders bet on a rate hike
Mars Finance News: After the release of U.S. economic data, U.S. short-term interest rate futures rose as traders increased their bets on a Federal Reserve rate hike.
Data: BTC breaks above $84,000
Mars Finance reports that according to Gate market data, BTC/USDT is currently at $84022, down 0.2% over the past 24 hours.
BTC+1.30%
U.S. August core PCE price index rose 3% year over year, versus expectations of 3.3%.
Mars Finance News, September 30: The U.S. core PCE price index rose 3% year over year in August, below the expected 3.3%; the previous reading was revised from 3.30% to 3%.
U.S. second-quarter GDP grew at an annualized rate of 2.2%, exceeding expectations.
Mars Finance reports that the final annualized quarter-over-quarter U.S. real GDP growth rate for the second quarter was 2.2%, higher than the expected 1.5%, compared with the previous reading of 1.5%.
Deposits to altcoin trading platforms surge 160% in two weeks, signaling potential rising selling pressure
CryptoQuant data shows that on September 28, altcoin deposits into exchanges totaled 78,000 over the past seven days, doubling from September 14. The number of deposit addresses rose to 51,600, reaching a new one-year high. Analysts say that transfers by holders to exchanges are mostly potential sell signals, possibly indicating selling pressure. Meanwhile, altcoins have strengthened against Bitcoin. BTC’s market cap dominance fluctuated between 58% and 60.4%, still below 60%; assets outside the TOP10 accounted for 9%, the highest level since February this year.
BTC+1.30%
AIB Data Centers Signs Agreement with Nebius to Provide 50MW of AI Data Center Capacity in the Southeastern United States
Mars Finance News: AIB Data Centers announced that it has reached an agreement with AI cloud service provider Nebius to provide 50MW of IT capacity in the southeastern United States, expected to be distributed across two data center facilities. The project is supported by a 15-year, 65MW utility power supply agreement, with an initial customer contract term of 12 years. AIB expects to receive customer prepayments and cover most of the project’s construction costs through debt and preferred equity financing. (Cailian Press)
GPU cloud service provider GMI raises $668 million from investors including Nvidia
GMI Cloud, which was founded five years ago and provides enterprise customers with servers equipped with NVIDIA chips, announced on Wednesday that it had completed $668 million in equity and debt financing. Of this round, $223 million in equity financing was led by ARCHIV, a newly established AI and robotics investment firm, with NVIDIA also participating. The company did not disclose its valuation but said its annualized contract revenue exceeds $600 million. This financing round shows that NVIDIA continues to support emerging small and midsize cloud service providers, focusing on companies that can advance NVIDIA’s business in multiple ways. (Sina Finance)
NVDA-0.68%
Crypto advocacy group Stand With Crypto announces its first round of Senate candidate endorsements
Stand With Crypto announced its first round of Senate endorsements, supporting Ohio Republican Jon Husted and opposing his rival, Sherrod Brown. It also endorsed Iowa’s Ashley Hinson and New Hampshire’s Chris Pappas. After the CLARITY Act failed a procedural vote on September 15, the bill is intended to establish a federal regulatory framework. Democrats said they could not vote for legislation that would allow Trump to personally profit from crypto. The organization said more than 3 million advocates would shift their support to pro-crypto candidates and announced increased ad spending in six House races, supporting Don Davis and Bryan Steil, who voted in favor, as well as Shomari Figures, Mariannette Miller-Meeks, and others.
COIN-0.90%
U.S. Stocks Premarket News Roundup: U.S. August PCE Data to Be Released Tonight; Markets Hold Their Breath for Micron’s Earnings; OpenAI Delays GPT-6.1 Astra Launch
U.S. stock index futures edged lower, oil prices rose, gold prices ticked up while silver prices fell, and European stock indexes declined across the board; U.S. August PCE and core data will be released tonight. Apple plans to launch new products, including a home hub, on October 13; Micron will report earnings after the close, with weekly volatility potentially reaching 7%. TSMC is evaluating increased production in Texas to expand its U.S. capacity; OpenAI has postponed the release of GPT-6.1 Astra; SK Hynix is expanding outsourced DDR packaging. IBM’s quantum processor generated 1 million samples in 19 seconds.
SPYX+0.15%
BZ+2.02%
GLDX+1.37%
PAXG+1.06%
AAPL-2.60%
Data: Morgan Stanley’s total Bitcoin holdings surpassed 10,000 BTC for the first time, valued at over $870 million.
Mars Finance reports that, according to the latest data monitored by Arkham, Wall Street financial giant Morgan Stanley continued accumulating Bitcoin last week through its spot Bitcoin exchange-traded fund, MSBT. Its total Bitcoin holdings have now surpassed 10,000 BTC for the first time, reaching 10,436 BTC, worth approximately $875 million.
MS-0.41%
BTC+1.30%
Several U.S. economic indicators are about to be released.
Mars Finance reports that the U.S. final annualized quarterly rates for real personal consumption expenditures, real GDP, and the core PCE price index for the second quarter, as well as the August monthly rate for personal spending and the monthly and annual rates for the core PCE price index, will be released in ten minutes.
Fengdao Technology: Plans to Acquire Dutch Semiconductor Sensor Company Sciosense for Total Consideration of $118 Million
FengSheng Technology announced that it plans to acquire 100% of Sciosense from Sciosense Holding B.V. in cash through its wholly owned subsidiary, FengSheng Microelectronics. The total transaction value is approximately $118 million, consisting of share consideration and debt consideration. The funds will come from the company’s own capital and a capital increase in FengSheng Microelectronics. Upon completion of the transaction, Sciosense and its subsidiaries will become the company’s indirect wholly owned subsidiaries and be included in the consolidated financial statements.
US ADP employment increased by 90,000 in September, compared with expectations of 70,000.
Mars Finance News, September 30: U.S. ADP employment increased by 90,000 in September, compared with expectations of 70,000 and a previous reading of 38,000.
ADP0.00%
Narai Radar: Plans to Acquire a 51% Stake in Xintai Communications for RMB 162 Million
Nari Radar plans to acquire a 51% stake in Guangzhou Xintai Communications for RMB 162 million in its own funds, making Xintai a controlled subsidiary. Founded in 2013, Xintai focuses on optical transmission systems and solutions, with products covering WDM, OTN, optical amplification, and optical components. It serves industries including telecommunications, ISPs, and IDCs. The acquisition aims to achieve technological and market synergies. The transaction counterparties have committed that Xintai’s net profit excluding non-recurring items will be no less than RMB 25 million, RMB 29 million, and RMB 38 million in 2026, 2027, and 2028, respectively.
CFTC Investigates Adam Kinzinger Over Kalshi Bet on His Own Pardon
According to Politico, the CFTC is investigating trades involving former Representative Kinzinger and Kalshi, including bets he placed through linked accounts between 2024-12 and 2025-01 on receiving a presidential pardon for himself and on preemptive pardons before Biden left office. Kinzinger said he had been out of office for a long time and had no inside information. He made about 25 trades, profiting $823, while losing on most of them, and said he followed the rules. Both Kalshi and the CFTC prohibit self-participation and the use of nonpublic information. Previously, Kalshi suspended betting on the relevant candidates and froze Santos’s account.
KALSHI+11.20%