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.

Mars Finance reports that, according to Bloomberg, venture capital firm Andreessen Horowitz (a16z) has announced the launch of the “Horowitz Andreessen Academy,” aimed at recent high school graduates and college dropouts, with the goal of training young talent to develop artificial intelligence products. The program is completely free and provides participants with housing, computing resources, and travel funding, positioning itself as an alternative to elite university education.

Mars Finance reports that Bitcoin Magazine published a video interview in which Jim Bianco, founder of Bianco Research, said the bond market had already sent a signal two years ago, before the Federal Reserve’s first rate hike in more than three years. He pointed out that during the Fed’s previous rate-cutting cycle, the yield on 10-year U.S. Treasury bonds rose from 3.7% to 5%, marking the first time in more than 50 years that the Fed cut rates while long-term yields rose. In a conversation with Grace Remington and Sean Hagan, Bianco also discussed how the Fed’s decision on October 28 (one week before the midterm elections) was more important than Wall Street expected. He refuted the “debasement trade” narrative and discussed what Bitcoin needs to demonstrate, including development activity and

Mars Finance reports that in Kalshi’s Ethereum perpetual futures from September 17–20, orders of approximately $5,499 each totaled $7.7 million, accounting for 57% of the analyzed trading volume. Of the 46 sampled days since June, 43 saw repeated trades of fixed amounts. Public data has not disclosed the trader’s identity or explained the source of the repeated trades and changes in trade amounts. Analyst Beni previously questioned whether the trading volume had been artificially inflated and provided evidence.

Xinguang Optoelectronics plans to establish a wholly owned subsidiary in Hangzhou, tentatively named Hangzhou Xinguang Precision Measurement System Co., Ltd., with registered capital of RMB 100 million. The initial paid-in capital will be RMB 10 million, with the remainder to be contributed gradually as required by operations. The new company will focus on the R&D, manufacturing, and sales of optical testing systems and related components, as well as software and hardware. Leveraging Hangzhou’s optoelectronics industry ecosystem, it will enhance its R&D capabilities in core components and systems and provide solutions for sectors including semiconductors and aerospace. In the future, the company may introduce strategic investors or technical teams while maintaining its controlling interest.

DigitalBridge announced that SoftBank’s acquisition has received all regulatory approvals, including approval from FERC, CFIUS, and other antitrust and domestic and foreign investment authorities. All conditions except those required on the closing date have been satisfied, and the transaction is expected to close within 5 business days. Under the agreement, DigitalBridge shareholders will sell their shares for $16 in cash per share. Upon completion of the transaction, the common stock will cease trading and be delisted from the New York Stock Exchange.

U.S. stock index futures were slightly mixed: Dow futures +0.4%, S&P +0.08%, and Nasdaq -0.06%. Oil prices fell across the board: WTI at around $90.22 and Brent at around $94.69; Iran’s president heads to the U.S., and Saudi Arabia restarts its oil pipeline. European stock indexes rose: the FTSE 100 +0.04%, CAC 40 +0.41%, and DAX +0.51%. Meta Muse surpassed 2.5 million downloads, ranking first on the U.S. iOS free app chart; Nvidia’s valuation fell to its lowest level in more than a decade, but its profit outlook remains uncertain.

Kyle Samani predicts that SOL will surpass ETH in this cycle, saying that almost no one is actually using Ethereum at present and that ETH’s ability to capture value is questionable. Solana’s advantages include active retail users, higher on-chain fee revenue, and more attractive staking yields, while Ethereum still leads in DeFi scale, stablecoins, and its developer ecosystem. To catch up, SOL’s market cap would need to expand by approximately 5x, or ETH would need to shrink significantly. Institutional migration will be a key variable.

A Goldman Sachs research report stated that it had spoken with Microsoft executives over the past two weeks and believes Microsoft has made key AI decisions over the past three years. The report said that enterprises’ assessment of the importance of AI platforms will bring returns. Goldman Sachs maintained its Buy rating, focusing on the progress of Microsoft’s in-house MAIA AI chips, improvements to MAI, and the momentum of its enterprise platform’s market entry. It set a 12-month price target of $640, approximately 28% above Monday’s closing price.

Mars Finance reports that, according to market sources, the Chicago Mercantile Exchange will launch BCH (Bitcoin Cash) and Uniswap futures to expand its crypto derivatives lineup.

Mars Finance reports that Cosmos ecosystem DEX Astroport stated that the attack on Neutron may have resulted in the theft of the administrator privileges of Astroport’s contracts. Neutron has paused the chain to investigate. Astroport recommends that users withdraw their liquidity from all Astroport liquidity pools.

Mars Finance reports that renowned trader and chart analyst Peter Brandt, who successfully predicted Bitcoin’s 2018 crash, shared his long-term outlook for Ethereum, stating that Ethereum’s current price of approximately $2,794 suggests it could rise to around $8,600 after breaking through the $5,000 resistance level. In addition, Peter Brandt believes XRP’s long-term target could reach $5.4.

Mars Finance reported that Xingyun Technology (300209.SZ) announced that it recently signed three Computing Power Service Contracts with a state-owned supplier to purchase GPU computing power services, totaling 43 units. Each service term is five years, and the total tax-inclusive value of the three contracts is RMB 453 million. These contracts represent progress under the previously signed framework procurement agreement for 128 units and will provide resource support for the continued development of the company’s computing power leasing and sales businesses. The company cautioned that the procurement is subject to factors including the chip supply chain and industry supply and demand, and faces risks such as delays in supply and delivery and substandard computing power performance. (CLS)

Mars Finance reported that on September 22, according to Iran’s Fars News Agency, Iranian sources said reports by Reuters and Kyodo News about the opening of the Strait of Hormuz were unreliable and untrue. Earlier, positive news regarding negotiations between Iran and the United States and the possibility that the Strait of Hormuz could reopen emerged simultaneously, once again affecting the oil market and driving oil prices lower.

Mars Finance reports that for the week ending September 5, U.S. ADP employment increased by 20,000 week over week, compared with the previous reading of 16,250.