Mizuho Bank stated that the August non-farm payroll report in the United States further confirmed the weakening trend in the labor market, with employment, hours worked, and income growth falling back to pandemic levels. Regardless of inflation, the Federal Reserve is almost certain to cut interest rates at the September meeting. A 25 basis point rate cut is almost a foregone conclusion, but if August inflation is weaker than expected, a 50 basis point cut is more likely. The Fed's previous inflation forecasts have been "slapped in the face" by reality, and its 2026 unemployment rate forecast faces the risk of not being met. They were overly pessimistic about inflation and overly optimistic about the labor market. It is expected that the Fed will launch a sustained easing cycle, aiming to lower interest rates to what it considers a "neutral level" by March 2026, around 3%. The new Fed chairman is likely to further ramp up stimulus measures, lowering rates to near 2%. However, the risk is that if inflation picks up again, at least some of the stimulus measures will be withdrawn by 2027. 

 according to official data, in the 7 days ending on September 4th, Circle issued approximately 5.9 billion USDC, redeemed approximately 3.8 billion USDC, and the circulation increased by approximately 2 billion coins. The total circulation of USDC is 72.5 billion coins, with a reserve of approximately 72.6 billion US dollars, of which approximately 9.4 billion US dollars are in cash, and the Circle Reserve Fund holds approximately 63.2 billion US dollars.

this week the net inflow of Bitcoin spot ETF in the United States was 250 million US dollars, including:

according to Singapore media, Terraform Labs co-founder Do Kwon had set his sights on a top-floor luxury apartment on Orchard Road, Singapore, worth 38.8 million Singapore dollars five months before the collapse of the cryptocurrency he launched, and paid approximately 19.4 million Singapore dollars (50% of the purchase price) for the option fee and subsequent payments, only for the deal to fall through. It is reported that after Do Kwon got into trouble, the property developer confiscated this huge sum of money. South Korean national Do Kwon believes that the confiscated amount should be deemed invalid, so he instructed his wife to seek redress from the Singapore High Court. However, the fund recovery has been rejected by Singapore High Court judge Philip Jeyaretnam. In addition, Do Kwon and Luna Foundation Guard were sued by 366 investors in the Singapore International Commercial Court in May this year, facing claims of approximately 66 to 90 million US dollars.

 according to relevant page information, the probability of "Trump stepping down as president this year" on Polymarket is currently 6%.

 according to Cointelegraph, SharpLink Gaming plans to stake a portion of its $3.6 billion Ethereum treasury after the Linea mainnet launches on September 10.

On September 6th, ArkStream Capital announced on X platform that as part of its long-term strategy, the institution has made an additional investment of $10 million in Ethena Labs, following an initial investment of $5 million. ArkStream Capital stated that the increased investment reflects its recognition of Ethena's structural breakthroughs in product development and capital markets.

according to on-chain analyst @ali_charts monitoring, in the past month, 79,000 bitcoins were transferred from exchanges, worth $8.87 billion.

 according to data monitored by Farside Investors, ETHA saw a net outflow of 3.099 billion US dollars yesterday.

according to Bloomberg, a source revealed that the Hong Kong government has commissioned banks to prepare for a potential digital bond issuance, with more issuers possibly entering the market. It is reported that if this issuance proceeds, it will be the Hong Kong government's third issuance of digital bonds since 2023. Currently, there are at least six digital bonds issued by companies in Hong Kong, with a total fundraising amount of approximately $1 billion, of which about 70% was priced and issued in 2025. HSBC Holdings plc and King & Wood Mallesons stated that more companies from mainland China and other regions are considering issuing digital bonds in Hong Kong, with two state-owned enterprises from last month, Shenzhen Futian Investment Holdings Co., Ltd. and Mountain High Holdings Group Co., Ltd., completing digital bond pricing and issuance in the Hong Kong market.

7:00-12:00 Keywords: WLFI, Tempo, Strategy, DOT spot ETF

Binance officially stated on social media that users with Alpha points greater than or equal to 224 can participate in this exclusive Starpower (STAR) TGE event through the Alpha activity page, and participating in this event will consume 15 points.

Itaú Asset Management, Brazil's largest private asset management company, has established a dedicated cryptocurrency department and appointed former Hashdex executive João Marco Braga da Cunha to lead the department. The department is based on Itaú Asset's existing cryptocurrency products, including the bank's bitcoin ETF and retirement funds that offer digital asset investments. Itaú Asset manages over 1 trillion reais (185 billion US dollars) in assets for clients.

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On September 6th, MGBX perpetual contract market data shows that PIPPIN has risen above 0.0238 USDT, now trading at 0.0233 USDT, with a 24-hour increase of over 50%, and a circulating market value exceeding 23 million US dollars.

according to Messari data, the scale of mergers and acquisitions (M&A) in the crypto industry in 2025 is expected to be on par with the total of the past five years. As of now, the disclosed transaction volume has reached $11.98 billion, which is more than three times the total of any single year from 2020 to 2023.

 according to Whale Alert monitoring, at 19:10, 600 bitcoins (worth $67,319,976) were transferred from Bitstamp to an unknown new wallet.

according to financial news and analysis website ZeroHedge, top traders at Goldman Sachs stated that we are entering a "fiscal dominance" era, and Bitcoin is a "major devaluation trade."

according to market news, Hyperliquid will issue the stablecoin USDH.

 American large-scale model company Anthropic announced that it will stop selling Claude services to most groups with majority ownership by Chinese capital, covering enterprises in mainland China and those indirectly using overseas registration or cloud services.