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.

Bitwise Chief Investment Officer Matt Hougan said that Bitcoin’s market capitalization could reach $30 trillion over the next decade, following a trajectory similar to the long-term expansion after the launch of gold ETFs. He compared gold’s market capitalization of approximately $2.5 trillion when gold ETFs launched in 2004 with Bitcoin’s approximately $2 trillion market capitalization when spot Bitcoin ETFs launched in 2024. The long-term potential remains, with the real risk lying not in the protocol layer or quantum computing, but in whether investors can endure multiple bull and bear cycles and continue holding.

Mars Finance reports that on October 12, according to market data from BIT (Bit.com), U.S. cryptocurrency-related stocks turned from losses to gains, including: MSTR up 2.04%; COIN up 2.08%; CRCL up 0.91%; SBET up 0.93%; BMNR up 1.01%; HOOD up 0.34%; and ABTC up 6.73%.

Mars Finance News, October 12: According to monitoring by AI姨, a whale address swapped its UBTC holdings for 16,704.47 ETH over the past 22 hours, worth approximately $42.46 million, at an average purchase price of approximately $2,541.89.

Goldman Sachs upgraded its three-month global equities rating from neutral to overweight while maintaining a bullish 12-month outlook. The main reasons are continued earnings growth, lower valuations, and improved risk-reward after reducing positions. The S&P 500 forward P/E has fallen from 21.1 in June to 19.1, compared with approximately 22 initially. Q3 earnings for constituent companies are expected to grow 27%, with AI infrastructure remaining a key driver. Regionally, it maintains an overweight rating on U.S. and Asian equities and an underweight rating on European equities. Its 12-month government bond rating was raised to overweight, advocating a barbell strategy and favoring short-duration bonds and cash. It warned that rising U.S. Treasury yields, higher energy prices, and uncertainty surrounding the midterm elections could increase volatility.

Mars Finance reports that on October 12, U.S. stocks opened with the Dow Jones Industrial Average up 0.18%, the S&P 500 up 0.05%, and the Nasdaq down 0.04%. Chip stocks weakened, with SK Hynix (SKHY.O) down 3.2%, Micron Technology (MU.O) down 3.16%, SanDisk (SNDK.O) down 3.28%, and Western Digital (WDC.O) down more than 2%.

The Polkadot community proposed the DOT DAO Strategy Mandate on SubSquare, shifting its focus toward user acquisition and real-world use cases, and plans to establish the Polkadot Product Platform. Key initiatives include launching the permissionless DOT-collateralized stablecoin dotStables, prioritizing dotUSD, using Liquity-style collateralization, and converting stablecoin demand into DOT demand. The platform will be compatible with existing parachains and emphasize a freemium model, mobile-first design, self-custody, privacy protection, and no-login access. It is currently in the governance preparation stage.

Mars Finance reports that, according to Bloomberg, Sarah Breeden, deputy governor of the Bank of England, said at the International Monetary Fund (IMF) annual meeting in Bangkok that, given the many innovations already advancing in parallel in the digital payments sector, the UK has no plans to rush the launch of a central bank digital currency (CBDC) for the public. Breeden noted that whether to move forward with a retail CBDC, or “Britcoin,” will depend on whether comparable benefits in tokenization and financial innovation can be achieved through other means.

According to Bloomberg, SoftBank-backed fintech company OPay Digital Services plans to raise approximately $500 million through a New York IPO and concurrent private placement, with approximately $200 million coming from the concurrent private placement, funded by Standard Bank Group. OPay provides mobile payments and digital financial services. If the transaction proceeds, it will become another SoftBank-backed company seeking financing in the public capital markets.

Killa said on X that Bitcoin’s short-term holder supply has recently reached “overheated” levels, similar to the market’s trend after breaking out of its macro bottom in 2023, which could signal that a market bottom has formed. If the market follows the same path as back then, BTC could continue rising after reaching highs, with the HTF trend remaining upward. The current market structure resembles that of the previous cycle. Do not rely too heavily on the Fear and Greed Index for judgment, as short-term sentiment may not reflect the long-term trend and could remain irrational for an extended period.

Bank of America raised its price targets ahead of the Q3 reports from three trading platforms: Robinhood from $140 to $156, Buy; Coinbase from $174 to $203, Buy; and eToro from $46 to $39, Neutral. Robinhood is expected to report Q3 revenue of approximately $1.4 billion and EPS of $0.64; Coinbase, approximately $1.77 billion and EPS of -$0.20; and eToro, approximately $203 million and EPS of $0.40. The Coinbase price target was raised on expectations of stablecoin revenue growth, while near-term trading volume estimates were also lowered. For eToro, profit estimates were lowered due to slower growth in various trading activities and accounts.

Salesforce announced that it has signed a definitive agreement to acquire Loops. Loops is an AI-powered analytics platform that uses machine learning to monitor business performance, explain changes in metrics, and identify opportunities for improvement. The transaction is expected to close in early November of Salesforce’s fiscal 2027, subject to customary closing conditions. (Interface)

Mars Finance reports that, according to an official Aptos post, the Aptos mainnet has officially launched its Encrypted Mempool feature. Users can choose to encrypt pending transactions before block finalization. The transaction’s called function and input contents remain encrypted until execution, while the sender’s address and fee information remain publicly visible. This feature is primarily intended for institutions (to prevent large orders from revealing their intentions in advance), traders (to reduce the risk of MEV arbitrage), and AI agents (to keep transaction inputs private before execution).

The CEOs of Intel and Broadcom warned that financing capacity could become the biggest constraint on AI development. Broadcom CEO Hock Tan said the industry is stepping up infrastructure construction to support more complex AI large language models, but financing issues could become the biggest obstacle to expansion. Intel CEO Lip-Bu Tan also noted that rising capital costs and uncertain returns make large-scale investment in AI risky.

Mars Finance reported that on October 12, several Wall Street firms released their latest stock ratings and price target adjustments. JPMorgan raised Apple’s price target from $340 to $360, maintaining an “overweight” rating; Goldman Sachs is bullish on eBay’s live-streaming e-commerce business and expects the U.S. live-streaming e-commerce market to grow at a compound annual growth rate of approximately 22% through 2030; Pivotal raised SpaceX’s price target from $220 to $230, maintaining a “buy” rating, and expects Starlink to have approximately 160 million mobile users worldwide by 2036. Other key adjustments include: Salesforce: Bank of America upgraded its rating from “underperform” to “buy” and raised its price target from $160 to $285, citing an improved outlook for its enterprise AI strategy. Nvidia:

DeepSeek led Winverse AI’s seed round, which raised tens of millions of dollars. Winverse AI was founded by former top AI scientists from Tencent. Long-Z Investments, a Meituan-backed investment firm, and others also participated. Following the financing, the company was valued at approximately $400 million. DeepSeek will deploy more than $12 billion in capital to participate, betting on AI and robotics and signaling that it is expanding from large-model research and development into embodied intelligence and robotics AI.

According to monitoring by EmberCN, SkyAI (SKYA) is liquidating its SOL reserves. It has sold approximately 1.25 million SOL over the past five days, worth approximately $138 million; it announced the sale of approximately 1 million SOL yesterday and transferred another approximately 211,623 SOL to Coinbase Prime today. The sale will be used to repurchase 95% of its issued shares.

Mars Finance News: On October 12, Guoen Co., Ltd. (002768.SZ) announced that it plans to acquire an 80% stake in Sichuan Zhongfuneng New Materials Technology Co., Ltd. for RMB 1.504 billion in cash. The target company primarily produces electronic specialty gases, including sulfur hexafluoride, carbon tetrafluoride, and nitrogen trifluoride. Upon completion of the transaction, it will become the company’s controlling subsidiary. Following the acquisition, the company will add new electronic specialty gas product categories, expand its electronic materials product portfolio, improve its product strategy in the high-end materials sector, and achieve broader coverage across multiple product categories. (Company announcement)