Japan’s 10Y yield just touched 3% for the first time since 1996.
That’s a big shift for a market that spent years with ultra low rates. Higher Japanese yields could also put pressure on the yen carry trade and global liquidity.
What caught my eye is the Robinhood Chain numbers. Daily revenue moved above $2M, from around $1.22M the day before.
Robinhood Chain runs on Arbitrum, so this isn’t just about another chain getting attention. More activity there means more economic activity around the Arbitrum ecosystem.
The price move is nice. The revenue growth is the part worth watching.
Hang Seng started September on the back foot, falling around 1%. A big part of the pressure is coming from outside Hong Kong Brent crude moved above $91 a barrel and the US 10 years yield reached 4.78%, bringing inflation and higher rate concerns back into focus.
Shein’s first day on the Hong Kong exchange didn’t help either. The stock was priced at HK$48.56 but dropped as much as 10% shortly after trading began. The IPO raised about HK$13.6 billion, but the weak debut shows investors are still selective even with fresh listings.
For me, the interesting part is the connection between stocks and crypto here. When oil rises and bond yields move higher at the same time, traders usually become more careful with risk. That makes BTC worth watching alongside Asian equities.
WTI crude is back above $85 and oil traders are paying attention again.
The main concern is still supply. Any disruption around the Strait of Hormuz can quickly change the outlook for global oil flows.
If crude stays above $85, higher energy costs could add to inflation pressure and make things harder for central banks. That’s also something risk assets like $BTC may have to deal with.
For now, the key question is simple: can WTI hold above $85?
🇻🇪 Venezuela’s new oil deal with the U.S. is a big one, but the numbers matter more than the headlines.
The agreement is set for 25 years and covers 17 oilfields, with a target of more than 1.5 million barrels a day. Venezuela currently produces around 1.25 million bpd.
The government says the deal could generate about $209 billion in revenue over its life, based on a $65 oil price.
The interesting part is whether Venezuela can actually bring those fields back up to scale. Years of underinvestment and damaged infrastructure won’t be fixed overnight.
For crypto markets, Bitcoin (BTC) is one of the assets worth watching as this plays into the wider oil, inflation and macro picture. $BTC
Vietnam’s crypto move is interesting, mainly because it’s being done pretty carefully.
The country’s five year crypto market pilot started in September 2025. The plan allows up to 5 exchanges, and each operator needs at least VND 10 trillion in capital (around $382M).
Foreign investors can own up to 49% of an exchange, while transactions under the pilot have to use Vietnamese dong.
There’s also a deadline coming up: from September 1, 2026, using an unlicensed crypto platform could mean a fine of up to VND 50 million, roughly $1,900.
For now, there’s no official “Vietnam crypto coin” tied to the pilot. Bitcoin (BTC) and other major assets are the relevant part of the market.
Vietnam clearly wants to build a crypto market.
It just doesn’t want to build an uncontrolled one. $BTC
South Korea’s single stock leveraged ETF trade has cooled off pretty quickly.
The Samsung and SK Hynix 2x ETFs launched on May 27. By June, trading had already reached about ₩7.4T for Samsung’s main leveraged ETF and ₩3.6T for SK Hynix.
Then the momentum started to fade.
By early August, daily turnover in the KODEX SK Hynix leveraged ETF was down to around ₩560B, from ₩1.3T. Samsung’s dropped to about ₩234B, from ₩1.4T.
Regulators are tightening the rules as well, including a proposed 20% limit on these products as a share of an investor’s total assets.
The numbers are pretty clear once the chipstock rally lost some steam, the appetite for leveraged bets fell with it.
🇰🇷 South Korea’s AI chip trade is showing signs of cooling.
Leveraged ETFs tied to Samsung Electronics and SK Hynix have seen nearly $1 billion in outflows in August so far.
Around $381M left Samsung linked products, while $601M flowed out of SK Hynix linked funds.
This would be the first monthly outflow since these products launched in late May.
It looks like investors are becoming more cautious after the huge AI driven rally. The big question now is this just a cooldown or the start of a bigger shift in sentiment? $SKHYNIX