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According to Jin10, the UK Prime Minister spoke by phone with U.S. President Donald Trump this afternoon local time, and they discussed the economy, Ukraine, and the situation in the Middle East. The UK Prime Minister congratulated Trump on the latest U.S. jobs data and said the British economy was also showing positive signs of growth, while the government was improving outside views of Britain and making progress on that work, though more remained to be done. On Ukraine, the two leaders agreed to keep pushing for a ceasefire to avoid further casualties, and the UK Prime Minister reiterated support for Ukraine and recent U.S.-led peace talks. On the Middle East, the UK Prime Minister said Britain was committed to promoting regional peace and security, and stressed the importance of implementing the two-state solution, reopening the Strait of Hormuz, and ensuring Iran can never obtain nuclear weapons.

The US struck three Iranian oil tankers over the weekend, sending Brent to $97 and diesel to record highs. A $320M exploit hit Liquid Network Sunday. Trump demanded rate cuts as September hike odds sit at 58%. Bitcoin held near $79,300 — within 1% of flat through a payrolls beat that equities sold, and less than half as sensitive to rising yields as gold per 90-day correlation data. KOSPI surged 4.6% on OpenAI's GPT-6 Astra model. Wall Street analysts are calling Nvidia, Uber, and Marvell their top long-term picks — with Nvidia's fiscal 2028 revenue guidance of 70% growth nearly double the market consensus. CPI Friday is the last variable before the September 16 FOMC.Bitcoin Falls Below $80,000 as US Strikes Iranian Tankers and Trump Pressures WarshCENTCOM confirmed striking three Iranian oil tankers near Kharg Island, Jask, and the Gulf of Oman — WTI hit $92.72, Brent $97, its highest in seven weeks. Diesel hit record highs, running roughly 90% above pre-war levels — the more consequential inflation signal since diesel propagates through nearly every physical supply chain. September hike odds sit at 58%, with October at 70%. The ECB is expected to hike Thursday and the BOJ has 75% odds of a move September 18 — synchronized tightening that removes the rate-differential logic normally supporting the dollar during Fed hiking cycles. The dollar fell 1% against the yen to 154.6 as short yen positions covered. Liquid Network suffered a $320M exploit Sunday, among the largest incidents of the year. Bitcoin traded near $79,700, down just under 1%, having held around $80,000 through the weekend.Bitcoin Holds $79,000 as Hike Odds Reach 58% and Zcash Runs 45% in a WeekBitcoin held just above $79,300 Monday — up 2% on the week, within 1% of flat through a payrolls beat that sent equities lower and the 2-year Treasury to a 52-week high. Zcash cleared $1,000 for the first time since 2016 and is up 45% on the week — far outside anything explicable by macro flows. Privacy coins leading through a hawkish repricing describes a retail-driven bid indifferent to the rate path. Bitcoin ETFs took ~$770M across September's first four sessions, though $731M of that came from a single Thursday session led by IBIT's $454M — one large desk repositioning rather than broad allocator conviction. The July revision from -23,000 to +23,000 removed the no-two-consecutive-negative-readings constraint that had been the dovish case's last defense. CPI Friday is the only variable left before September 16.Seoul's KOSPI Closes Up 4.6% at Five-Week High on AI Optimism; Tokyo Gains, Hong Kong SlipsSeoul's KOSPI jumped 4.61% to 6,995 — its highest since July 23 and a third straight advance — as OpenAI's new GPT-6 Astra model stoked demand for memory chip names: Samsung +5.68%, SK Hynix +8.26%. Tokyo's Nikkei rose 2.12% led by Advantest, Tokyo Electron, and SoftBank. Taiwan's TAIEX gained 1.67%, with TSMC +2.07% and MediaTek hitting its 10% daily limit. Hong Kong slipped 0.93%, with Baidu -4% and Xiaomi -3%. Mainland China was mixed — Shanghai nearly flat but ChiNext +3.41% as AI-hardware and semiconductor names rallied. The KOSPI's 4.6% single-session gain on an AI model release confirms OpenAI product launches now function as direct demand signals for Korean memory chips.Wall Street Analysts Favor Nvidia, Uber, and Marvell for Long-Term ValueAs bond yields and Iran tensions drive market volatility, Wall Street analysts are flagging three stocks for long-term growth beyond the short-term noise. Morgan Stanley's Joseph Moore raised Nvidia's price target to $300 from $288 after strong Q2 fiscal 2027 results — the company's fiscal 2028 revenue growth guidance of 70% was nearly double the market's 40% consensus and well above Moore's own 52% forecast, keeping it his top semiconductor pick. Moore also maintained a Buy on Uber at $119, highlighting its evolution into a diversified platform with autonomous driving becoming a meaningful revenue driver. KeyBanc's John Vinh reiterated a Buy on Marvell at $400 after better-than-expected Q2 results, led by data center revenue growing 46% year-over-year to $2.17B. All three sit at the intersection of AI infrastructure demand — the same thesis driving KOSPI chip names and Bitcoin miner AI pivots — but at valuations reflecting sustained rather than speculative growth.Bitcoin's Yield Sensitivity Is Less Than Half Gold's, Correlation Data ShowsBitcoin's 90-day correlation with the 10-year Treasury yield stands at -0.17 against gold's -0.41 — meaning rising yields hit gold more than twice as hard as Bitcoin. The Bitcoin-gold correlation itself sits at 0.59, a six-year high matching 2020's COVID-stimulus period. The real-world test came last week: gold fell $400 in five days as the 10-year climbed above 4.81%; Bitcoin held choppy between $76,000 and $80,000, then cleared $80,000 with yields still elevated. The same divergence repeated after Friday's payrolls beat. The caveat: the dollar remains the variable that has done more visible damage to Bitcoin than yields, with the DXY hovering near its 2011 trendline support.

Canada’s tariffs on hundreds of U.S. goods, ranging from 15% to 50%, are set to take effect on Tuesday. According to Sina Finance, Canadian Prime Minister Mark Carney said his pushback against U.S. President Donald Trump’s hard-line approach would ultimately give Ottawa more leverage in talks with its largest trading partner.
Unless there is a last-minute reversal, Carney’s government will raise import taxes on many U.S. steel products from 25% to 50% and impose tariffs on a range of consumer goods, including motorcycles, cosmetics, and cheese. The measures are expected to hit states such as Michigan and Ohio particularly hard, both of which are battlegrounds in the November midterm elections.
Trump also issued a new threat on social media Monday, suggesting a ban on sales in the United States of aircraft made by Bombardier. He said on Sunday that the Canadian dollar’s imbalance against the United States was unacceptable, posting on Truth Social: “It has gone on for many years — but not anymore!”

According to Wallstreetcn, U.S. President Donald Trump’s special envoy Witkoff said on social media on the 7th that the U.S. delegation’s recent visits to Russia and Ukraine made "substantial progress," including progress in arranging follow-up trilateral talks.

According to Sina Finance, Ali Mohammadi of Iran's Revolutionary Guards said vessels passing through the Strait of Hormuz will no longer be free from the risk of attack once they reach the Khasab area of Oman. He said safe passage through the U.S. corridor in the southern Strait of Hormuz is now effectively impossible. Mohammadi added that the Revolutionary Guards are closely monitoring maritime traffic in the Persian Gulf, the Strait of Hormuz, and the Gulf of Oman, and that all ships seeking safe passage through the strait must use the Iranian-designated route.

Canada is poised to impose tariffs of 15% to 50% on hundreds of products from the US on Tuesday, according to Bloomberg. Prime Minister Mark Carney is betting that pushing back against US President Donald Trump will eventually strengthen Ottawa’s negotiating position with its biggest trading partner.

Bitcoin is nursing losses as crude trades higher following a weekend of escalation in the US-Iran war.On Saturday, US Central Command confirmed striking three Iranian oil tankers — the M/T Downy, M/T Stark 1 and M/T Kylo — near Kharg Island, Jask and in the Gulf of Oman respectively."If you shoot at two of our ships, we will impose an even higher economic cost — taking out three of yours," Admiral Brad Cooper said following the attack.Centcom also updated figures on its naval blockade, reporting that US forces have redirected 92 merchant ships, disabled three and boarded two since operations resumed on July 14.Tehran said it would announce a restricted zone outside the Strait of Hormuz in coming days.Oil Up 6% in Seven Days With Diesel at Record HighsWTI changed hands at $92.72 and Brent reached $97 a barrel, its highest in seven weeks. Prices have gained over 6% in the first seven days of September, extending the recovery from the early July low around $70. Brent now sits 35% above where it traded in late February, before the war started.Diesel is the more consequential number. Prices for the fuel that powers transport, shipping, farming and manufacturing hit record highs last week and are roughly 90% above pre-war levels.That distinction matters for the inflation path. Diesel is an input cost across nearly every physical supply chain, which means it propagates into consumer prices more broadly and with less lag than gasoline. Elevated oil adds to inflation worldwide, making it harder for central banks to cut — which is why it is generally a headwind for liquidity-sensitive markets.US CPI arrives Friday, with headline forecast at 0.4% month-over-month against 0.1% previously and core holding at 0.2% while easing to 2.4% year-over-year.Trump Demands Lower Rates Days Before the Fed DecidesThe odds of a Fed hike strengthened Friday after August payrolls came in at 162,000 against forecasts near 56,000. President Trump immediately pushed the other way."The Fed Board, with its great new leader, must get smart — BE PATRIOTS for a change," he said in a Truth Social post. "A STRONG COUNTRY MEANS A LOWER INTEREST RATE — IT'S A BETTER CREDIT… Very simple!"He added: "We should have the LOWEST RATE of any country in the World … LOWER THE RATE OR I'LL STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT."That renewed push complicates matters for Chair Kevin Warsh, now caught between a dovish president and a strong labor market report. Rather than a rate hike itself, it is this uncertainty that could dampen animal spirits in Bitcoin and the broader market.The timing sharpens it. Fed officials are already in communications blackout ahead of the September 15-16 meeting, so no one can respond. Warsh has also rejected forward guidance outright — "committed to a discipline, not to a decision" — meaning markets get no signal either way until the decision.Markets price 58% odds of a September hike and 70% for October.Three Central Banks Are Moving Within Two WeeksThe Fed is not acting alone. The ECB is expected to lift rates to 2.75% on Thursday, with futures implying 75% odds of another move to 3.0% by December. Markets price a 75% chance the Bank of Japan raises a quarter point on September 18."Central bank patience through the energy shock has been supportive of asset prices and the credit cycle," said Bruce Kasman, global head of economics at JPMorgan. "However, central banks are now on the move."Synchronized tightening removes the rate-differential logic that normally supports the dollar during a Fed hiking cycle. The dollar fell 1% against the yen to 154.6 as the Japanese currency hit a seven-month high — a substantial reversal from the 160-plus level it breached only a week ago, when strategists placed intervention triggers at 161 and then 162-163.Hedge funds had added to short yen positions for two consecutive weeks per CFTC data. A seven-month high is those positions closing.Liquid Network Suffers a $320 Million ExploitLate Sunday, Liquid Network — used by exchanges as a settlement layer — faced a $320 million exploit.The figure places it among the larger incidents of the year, well above the roughly $120 million taken across four waves of the Coldcard exploit in late July and early August. Liquid functions as settlement infrastructure rather than a consumer-facing protocol, which means the exposure profile runs through institutional counterparties.Blockstream, which develops Liquid, is separately scheduled to publish source code for Core Lightning 26.06.7 security fixes on September 11. The two are distinct products and no connection between them has been indicated.Details on the exploit vector, affected parties and recovery prospects remain limited.The Political Backdrop Runs Beyond WashingtonTrump's pressure on the Fed is one instance of a broader pattern weighing on currencies.In Germany, the Alternative for Germany surged into first place in Saxony-Anhalt state elections Sunday — a far-right party within reach of state-level power for the first time since World War Two. The AfD has said one of its policies would be to ditch the euro."This development is dangerous for the longer-term stability of the single currency," said XTB research director Kathleen Brooks. In France, polls show Marine Le Pen would likely win the first round of next year's presidential election, having previously favoured abandoning the euro.The euro has fallen 1.1% this year, the weakest major against the dollar.Bitcoin traded near $79,700, down nearly 1% since midnight UTC, having moved back and forth around $80,000 through the weekend. Its 90-day correlation with the 10-year Treasury yield sits at −0.17 against gold's −0.41 — a spread that has kept it steadier than the metal through recent yield moves, though the carry trade remains the channel that correlation figures do not capture.

Bitcoin traded just above $79,300 in Asian morning hours Monday, down under 1% over 24 hours and up about 2% on the week.Zcash was the standout at nearly $1,183, up more than 3% on the day and 45% on the week after clearing $1,000 on Friday for the first time since 2016. Monero fell nearly 3% but holds a 4% weekly gain.The rest moved little. BNB dropped 2%, Dogecoin and Solana about 1% each, and Ether, XRP, Tron and Hyperliquid all sat within 1% of flat. The seven-day frame is where the market is green — BNB up nearly 9%, Dogecoin more than 8% and Hyperliquid 7%.Crypto Did Not Sell the Payrolls BeatAugust payrolls printed 162,000 against forecasts near 56,000, lifting September hike odds to roughly 58% from just under 50%. The two-year Treasury yield hit a 52-week high near 4.4%.Equities sold it. Crypto did not.That divergence is the session's substance. The reaction function this cycle is inverted — rates have sat at 3.50%-3.75% since December 2025, so the question is whether tightening resumes rather than how fast easing proceeds, and a strong print is the hawkish outcome. Bitcoin holding within 1% of flat through a 106,000 beat is not what that framework predicts.The two-year at a 52-week high is the more direct expression of the repricing than the 10-year, since it tracks the near-term policy path most closely.The Revision Mattered as Much as the HeadlineJuly was revised from a 23,000 loss to a 23,000 gain, with June and July revised up by a combined 55,000.That reversal removed the argument that had been holding the dovish case together. Bloomberg's Anna Wong had noted no precedent in modern Fed history for hiking after two consecutive negative payroll prints. There is now no first negative print.It also flipped the revision direction. May and June had been cut by a combined 103,000, feeding a narrative of steady deterioration. June and July have now been revised up.Privacy Coins Are Running on Their Own LogicZcash clearing $1,000 for the first time since 2016 is a ten-year price structure breaking, and a 45% weekly gain puts it far outside anything explicable by macro flows.Privacy tokens have been leading for several sessions — Dash rose 17% and Zcash 16.5% in a single day last week as Bitcoin cleared $80,000. Monero's open interest reached 640,000 tokens in early September, its highest since February 2024.The cohort tends to outperform when speculative appetite returns rather than when institutional allocation dominates. Its leadership through a hawkish repricing suggests the bid is retail-driven and largely indifferent to the rate path.ETF Flows Are Absorbing the RepricingUS spot Bitcoin ETFs took about $770 million across the first four sessions of September.Thursday alone accounted for roughly $731 million of that — the largest single day since January, which pushed net assets past $103 billion for the first time. BlackRock's IBIT supplied $454 million of it.That concentration is the caveat. The same fund drove both the week's largest outflow, $201 million of a $236 million Tuesday redemption, and its largest inflow. One desk repositioning is not the same as broad allocator conviction.The Rate Repricing Is Now the Base Case, Not the SurpriseThe setup into this week is materially different from the one into last.Hike odds had round-tripped from roughly 35% before Warsh's Jackson Hole speech to about 70% Thursday and back toward even before the print. At 58%, September now sits inside the 60-70% band where the Fed historically validates market expectations rather than surprising them — close enough that the move is priced rather than pending.CPI lands September 11 and the FOMC decides September 15-16. Warsh built his case entirely on inflation, citing PCE at 3.7% annually and 4.1% over six months. With labor no longer available as a counterargument, the CPI print is what remains.Whether ETF flows continue at September's pace into a week where the repricing is the base case rather than the surprise is the question the next four sessions answer.

Iran and the US carried out what appeared to be their largest tit-for-tat tanker strikes yet over the weekend, pushing oil prices higher as both nations continue to escalate a six-month war that has disrupted shipping and stoked global inflation, according to Bloomberg. Iran said it hit three US-linked ships taking an unauthorized route through the Strait of Hormuz in retaliation for American attacks on Iranian tankers, while the US military earlier said it struck three Iranian crude tankers, one of which was destroyed, in response to the Islamic Revolutionary Guard Corps targeting two US Navy warships with ballistic missiles. Brent crude climbed 0.4% after the strikes.
The US began attacking Iranian tankers last week under a new policy from President Donald Trump aimed at deterring Tehran from attacking commercial shipping, Axios reported, citing unnamed US officials. The latest strikes suggest both sides are digging in for a long fight despite growing signs of economic distress in Iran, depleted munitions stockpiles and waning public support in the US. Energy Secretary Chris Wright signaled no letup in the American naval presence, which includes a sea blockade of Iranian oil exports, telling CNN that until Iran changes its position or its government, "we will have to deal with them," without naming any countries that might join the operation.
Iran's parliament speaker and former ceasefire negotiator Mohammad Bagher Ghalibaf warned on Sunday that the era of "proportionate responses" was over, saying any aggression against Iran's interests would receive a faster, heavier and more painful response. Top security official Mohsen Rezaee said a new restricted zone would be declared outside the Strait of Hormuz in the coming days, extending from the US Navy's blockade line into parts of the Persian Gulf, Press TV reported. There was no immediate independent corroboration of further attacks around the waterway, and observable traffic remained sparse, with only one commodity vessel crossing Saturday, according to Kpler data.
Trump has said he wants to "strangle" Iran's economy as he has struggled to end the war, which has killed 18 US service members; he called the conflict "small potatoes" on Friday, while Vice President JD Vance said he "wouldn't call it a war" at all. US Central Command said one of the tankers it struck, the Suezmax-sized Kylo, sank in the Gulf of Oman after its crew was told to abandon it, while the Stark I was disabled in the Gulf of Oman and the very large crude carrier Downy near Iran's Kharg Island export hub. Treasury Secretary Scott Bessent said Tehran has about 30 million barrels of crude left for potential Chinese buyers.

The Nikkei 225 closed up 2.1% at 66,399.84, with semiconductor stocks leading the advance. According to Sina Finance, Japan's Ministry of Finance said on September 7 that foreign reserves stood at about $1.2075 trillion at the end of August, down $79.575 billion from the previous month and falling for a fourth straight month.
Goldman Sachs said tactical long yen positions have become more attractive after the yen's recent strength, citing expectations that the Bank of Japan will tighten policy, possible changes in Japanese capital flows, and the risk of further intervention. According to Sina Finance, the bank said Bank of Japan Governor Kazuo Ueda had essentially confirmed market expectations for a September rate hike, while speculation that the Government Pension Investment Fund may shift asset allocation toward domestic assets has increased the outlook for reduced capital outflows.

Iranian senior security official Mohsen Rezaee said a restricted zone will be announced in the coming days outside the Strait of Hormuz, extending from the U.S. Navy blockade line to parts of the Persian Gulf, according to ETNet.
The escalation came after the U.S. said it struck three Iranian oil tankers on Saturday, one of which sank, in response to Iranian fire on a U.S. aircraft carrier and other warships. Iran's Islamic Revolutionary Guard Corps said it hit three tankers and three U.S. vessels, and later said it also attacked a U.S. Navy drone and an unmanned surface vessel trying to enter the strait.
U.S. Energy Secretary Chris Wright said on Sunday that the U.S. Navy will continue escorting tankers passing through the Strait of Hormuz, underscoring the route's importance to transport and suggesting the operation will not end soon.

According to Jin10, spot gold opened slightly higher on Tuesday and was last quoted at $4,413.7 per ounce.

According to Korea Herald, HKET and Nikkei-affiliated market data, Asian equities finished mixed on Monday, with Seoul and Tokyo rallying on renewed appetite for AI-linked chip names while Hong Kong edged lower.
Tokyo's Nikkei 225 extended its advance, closing up 1,378.90 points, or 2.12%, at 66,399.84, while the broader TOPIX added 22.57 points, or 0.55%, to 4,125.80. Chip-sector names led the gains, with Advantest and Tokyo Electron among the top index contributors alongside SoftBank Group, though Sony eased 2.70%.
Seoul's KOSPI outperformed the region, closing up 308.18 points, or 4.61%, at 6,995.39, its highest finish since July 23 and a third straight advance, after OpenAI's new GPT-6 Astra model stoked demand for memory-chip shares. Samsung Electronics jumped 5.68% to 270,000 won and SK hynix rose 8.26% to 1.78 million won. Shinhan Securities senior analyst Kang Jin-hyuk said sentiment was boosted by the new model despite a weak Wall Street tech session, noting the Philadelphia semiconductor index rose 3.38% on Friday.
Hong Kong stocks slipped, with the Hang Seng Index closing down 237 points, or 0.93%, at 25,413.12, and the Hang Seng Tech Index off 0.92% at 4,527; the Hang Seng China Enterprises Index fell 1.46%. Baidu dropped more than 4% and Xiaomi lost over 3%, while mainland banks were broadly weaker. Chipmaker Hua Hong Semiconductor bucked the trend, rising about 5%, and PCB and memory-related names strengthened.
Taiwan's TAIEX climbed 775.14 points, or 1.67%, to close at 47,326.27, its highest in about two and a half months, led by heavyweights TSMC, up 2.07% at NT$2,460, and MediaTek, which hit its 10% daily limit at NT$4,855; optical-lens maker Largan fell to its limit-down.
In mainland China, the Shanghai Composite ended little changed, up 0.07% at 3,932.70, while the tech-heavy ChiNext Index gained 3.41% to 3,398.68 as AI-hardware, semiconductor and CPO shares rallied. Combined turnover across the two bourses was about 1.95 trillion yuan.

According to Wallstreetcn, Abu Dhabi Murban crude oil futures rose 4.37% to $107.81 per barrel, while Brent crude November futures settled up $0.72, nearly 0.75%, at $97 per barrel.

On Sep 07, 2026, 14:42 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 79,000 USDT and is now trading at 78,987.359375 USDT, with a narrowed 0.85% decrease in 24 hours.

Copper climbed to an all-time high on the London Metal Exchange after a weeks-long rally tied to expectations that US President Donald Trump will widen US tariffs to imports of refined metal, according to Bloomberg.

Bitcoin fell nearly 1% to about $79,700 as escalating U.S.-Iran tensions pushed oil prices higher. According to ChainCatcher, the U.S. Central Command confirmed it struck three Iranian oil tankers on Saturday near Kharg Island, Jask, and the Gulf of Oman, while Admiral Brad Cooper said the U.S. would impose higher economic costs if Iran attacks American ships.
The U.S. Central Command also said its maritime blockade data showed 92 commercial vessels had been rerouted, three disabled, and two boarded for inspection since operations resumed on July 14. Oil prices rose 1% in both European and U.S. markets, with WTI at $92.72 and up more than 6% in the first seven days of September.
The article said higher oil prices could worsen global inflation and make it harder for central banks, including the Federal Reserve, to cut rates. It also noted that stronger-than-expected U.S. August employment data released last Friday reinforced expectations for Fed rate hikes, while U.S. President Donald Trump later posted on Truth Social calling for lower rates. The report added that uncertainty may weigh on Bitcoin and broader market risk appetite, and that the Liquid Network, used by exchanges as a settlement layer, suffered a $320 million attack late Sunday.

According to Jin10, the U.S. National Transportation Safety Board (NTSB) held a press conference on a Boeing 767 Amazon Prime Air cargo plane runway excursion at Miami International Airport.

Strive Chief Executive Officer Matt Cole hinted that the company will continue adding to its Bitcoin holdings tomorrow. According to Odaily, market estimates show Strive’s recently raised funds are enough to buy more than 1,100 BTC, and a large Bitcoin purchase is expected tomorrow.

On Sep 07, 2026, 15:17 PM(UTC). According to Binance Market Data, BNB has dropped below 740 USDT and is now trading at 739.640015 USDT, with a narrowed 0.59% decrease in 24 hours.

Saudi Aramco's Jizan oil facility was attacked, and damage is being assessed. According to Sina Finance, two people familiar with the matter said the company's oil infrastructure was hit on Monday, and one of them said the scale of the attack was roughly similar to last month's incident. Saudi Aramco CEO Amin Nasser said last month that the attack caused a partial disruption in oil production but did not have a material impact on operations or finances.

According to Wallstreetcn, Telecom Italia SpA investors face a September 11 deadline to decide whether to accept Poste Italiane SpA's 10.8 billion euro takeover offer, with the acceptance rate at 6.16% of the shares covered by the bid. Telecom Italia said on Monday that Chief Executive Pietro Labriola and other executives had tendered their shares, and the board approved the deal in July, saying the price was reasonable and backing the strategic logic of the merger.

Harmony, once a major Ethereum competitor, proposed shutting down its mainnet on Sunday, citing severe threats from AI agents and nation-state actors. According to ChainCatcher, the team said the community has faced repeated attacks and changes since the mainnet launched in 2019, and it is now time to fully retire the Harmony network. The proposal would migrate ONE tokens to Ethereum and redirect new token issuance to a new initiative called The Remix Economy for AI Video. The migration would use the final block on Harmony to snapshot ONE balances and determine replacement token allocations for holders, including wallets, staked tokens, validator rewards, smart contracts, and centralized exchanges. Replacement tokens would be airdropped to the same wallet addresses on Ethereum, and exchange listings would also move to the new token. The proposal said holders would not need to submit claims, but multisig treasuries, liquidity pools, and on-chain applications would not migrate. Users were urged to exit all smart contracts by September 10, 2026. Harmony also proposed paying eligible validators and their delegators in four installments from a $1.372 million pool, provided validators keep their stake, sign an agreement, and take on a governance role. The migration proposal comes as blockchain networks face renewed scrutiny over attacks. In August, Harmony confirmed it had been attacked, saying the attacker created about 4 billion unauthorized ONE tokens, after which the team released a patch and considered a rollback.

On Sep 07, 2026, 13:36 PM(UTC). According to Binance Market Data, Ethereum has dropped below 2,500 USDT and is now trading at 2,496.530029 USDT, with a narrowed narrowed 0.23% increase in 24 hours.

Oil extended gains as traders awaited details of an Iranian deal with Oman to manage shipping through the Strait of Hormuz, according to Bloomberg.
Bloomberg's Michael Heath said the agreement is close, but gave no further details.

Lululemon Athletica shares closed Friday at $100.61, down 17.38% in one session and about 80% below the December 2023 peak, as the retailer cut its sales forecast for the third time this year. According to BeInCrypto, founder Chip Wilson is now in divorce court with no prenuptial agreement, after reports confirmed he and Shannon “Summer” Wilson opened a family case in the Supreme Court of British Columbia in April.
The company lowered its 2026 forecast to $10.35 billion from $11.35 billion in March, while second-quarter revenue fell 4% to $2.4 billion and comparable sales dropped 9%.

Local London gold was quoted at $4,615.13/$4,615.47 at 9:01 a.m., while local London silver was quoted at HK$66.40/HK$66.45, according to ETNet.
The quote sheet also showed 99 gold at HK$41,325, compared with HK$41,880 in the previous session. The prices are for reference only.

According to CNBC, an Amazon cargo plane operated by 21 Air LLC overran the runway at Miami International Airport on Sunday, crashed into vehicles inside and outside the airport boundary, and killed at least five people while injuring at least five others. Federal investigators said the Boeing 767-300 went about 1,300 feet beyond the runway after arriving from San Juan, Puerto Rico, and that the fatalities came from a 2021 Ford Econoline van and a Toyota Corolla Cross. Jennifer Homendy, chair of the National Transportation Safety Board, described the scene as "utter devastation" and said investigators had recovered the flight data recorder and cockpit voice recorder. Two of the airport's four runways remained closed after the accident, which led to more than 160 flight cancellations and nearly 325 delays by late Sunday.

Asian shares were mixed on Monday as a strong US jobs report supported the outlook for global growth, while oil prices edged higher after attacks on ships in the Gulf, according to RTHK.
In Hong Kong, the Hang Seng Index opened up 2 points, or 0.01 percent, at 25,652 before turning lower in early trading. The tech index opened down 11 points, or 0.26 percent, at 4,558, while the China enterprises index fell 6 points, or 0.08 percent, to 8,548.
The Shanghai Composite Index opened up 12 points, or 0.32 percent, at 3,942. The Shenzhen Component Index rose 88 points, or 0.65 percent, to 13,605, and the ChiNext Index gained 39 points, or 1.21 percent, to 3,326.
Brent crude added 0.2 percent to US$96.45 a barrel, while US crude rose 0.4 percent to US$91.85 a barrel. The move came after Tehran said it would announce a restricted zone outside the Strait of Hormuz in coming days after US forces hit three Iranian tankers and Iran's Islamic Revolutionary Guard Corps launched ballistic missiles at two US Navy ships.
The report also said the European Central Bank is seen as certain to lift rates to 2.75 percent on Thursday, with futures implying a 75 percent chance of another hike to 3 percent by December. On Wall Street, S&P 500 futures and Nasdaq futures were fractionally lower during a US holiday.

On Sep 07, 2026, 23:04 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 79,000 USDT benchmark and is now trading at 79,014 USDT, with a narrowed narrowed 1.55% decrease in 24 hours.

Bitmine Chairman and Fundstrat co-founder Tom Lee said Ethereum is more like "digital land" than cash. According to Odaily, Lee said high-quality assets are defined by their ability to store value over the long term, and he compared Ethereum's long-term value to infrastructure and a settlement layer rather than a payment medium.

Pendle said its total value locked on X Layer has exceeded $40 million, making it the second-largest protocol on the chain. According to Foresight News, Pendle launched on X Layer on August 11 and later went live on Robinhood Chain on September 4, with sNET as its first market. The project also plans to introduce more markets.

According to Wallstreetcn, KB Securities said the memory chip market is facing a severe supply shortage as AI infrastructure investment expands at an unprecedented pace, with Samsung Electronics and SK Hynix holding less than 10 days of memory chip inventory and actual sellable supply next year likely to fall well short.

Gold was steady near $4,400 an ounce as traders weighed Middle East tensions and the US dollar’s decline against the yen, according to Bloomberg.

According to Nikkei Asia, Sony Group's plan to cease sales of game discs for the PlayStation 5 console has drawn backlash from consumer advocates worldwide.

Novo Nordisk A/S’s Wegovy helped two out of five young children lose enough weight to no longer be classified as obese in a study, according to Bloomberg.
The drug was tested in children as young as six.

According to The Korea Herald, Hyundai Motor Group is moving further upstream in the US auto supply chain with a $5.8 billion electric-arc furnace steel mill planned in Louisiana. Hyundai-Posco Louisiana Steel is set to begin commercial production in 2029 and will supply Hyundai and Kia manufacturing operations in Alabama and Georgia.

Shenzhen Longsys Electronics Co. is set to begin trading in Hong Kong on Tuesday after raising HK$7.08 billion ($903 million) in an upsized share sale, according to Bloomberg.
The listing will test investor appetite after a flurry of artificial intelligence supply chain offerings in the city.

Liquid Federation has recovered about 3,400 BTC after roughly 4,000 BTC were exploited, with about 600 BTC still unrecovered. According to Odaily, the return came after an on-chain exchange, and the suspected white-hat hacker had said the bitcoin would be returned after Blockstream fixed the vulnerability. The incident is still developing.