Hunter Biden releases his first post discussing his experience with LAPTOP: Investors should not count on themselves or anyone else to inflate LAPTOP’s market capitalization.
Hunter Biden, son of U.S. President Joe Biden, posted on social media to respond to community controversy, opening up for the first time about his mindset behind launching the token. He stated that the token’s name, LAPTOP, derives from the highly controversial "Hunter Biden laptop" incident, adding that the symbol once used to attack him will now stand for "resilience, redemption, and recovery". Hunter Biden bluntly noted that no one should expect him or anyone else to drive the token’s value higher, emphasizing that LAPTOP is not just about what you "own"—it is far more about what you "express".
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DeepSeek announces it will lower prices for its Flash series APIs tomorrow.
Beating AI Express News: According to an announcement from DeepSeek Open Platform, DeepSeek will slash the call prices for its Flash series models starting at 12:00 Beijing Time on September 10. The maximum price reductions for cache hits, cache misses, and outputs are 60%, 33.33%, and 11.11% respectively.
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Nike to be removed from S&P 100, departing the index after 18 years.
According to an announcement by S&P Dow Jones Indices, Nike (NKE) will be removed from the S&P 100 index ahead of the U.S. stock market opening on September 21. The adjustment is part of the index’s quarterly rebalancing. Nike has been included in the S&P 100 for nearly 18 years since joining in 2008. Notably, Nike is only being removed from the S&P 100 this time, and will remain in the S&P 500 index. According to market data from BIT (Bit.com), as of the close of trading on September 8, Nike’s stock price stood at $38.10, down 0.78% on the day, and has dropped more than 50% from its 52-week high of $76.97.
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Besant on the yen: "I am the market maker, hold 'insider information' — short sellers can try to take me on if they dare."
US Treasury Secretary Scott Bessent has challenged traders attempting to short the yen, claiming he now holds "insider information" when making market judgments. "Whenever someone says, 'Oh, the Treasury Secretary is taking a risk here,' I think that’s exactly what I want, because I have asymmetric information," Bessent said. A former hedge fund executive, he recalled several instances of his market interventions, including the joint yen-buying operation with the Japanese government on July 31. The yen rallied sharply at the time, but gave back those gains over subsequent trading sessions, in part because traders noted the US Treasury had limited funds available for foreign exchange purchases. "I’m the house now, so when we intervene in the yen market, I have a pretty good sense of what the Japanese government, the Bank of Japan, and Japanese policymakers will do. And if you want, you can bet against me," Bessent said.
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Galaxy Digital transferred 950,000 HYPE tokens to Bybit and OKX, valued at approximately $8.11 million.
According to monitoring by OnchainLens, Galaxy Digital transferred 952,700 HYPE tokens to Bybit and OKX over the past four hours, worth approximately $8.11 million. Of the total, 364,200 HYPE tokens (valued at around $3.1 million) were sent to Bybit, while 588,500 HYPE tokens (worth roughly $5.01 million) were transferred to OKX.
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Escalating US-Iran tensions drive Brent crude futures to rise nearly $100 per barrel intraday.
According to a Wall Street Journal report, U.S. officials disclosed that the U.S. military launched a new round of strikes against an Iranian oil tanker on Tuesday, with the direct trigger being recent attacks by Tehran targeting U.S. warships in the Middle East. U.S. forces claimed they destroyed five Iranian crude oil tankers.
Earlier, Iran’s Revolutionary Guard twice launched ballistic missile attacks against a U.S. Navy warship over the past two days. The U.S. warship successfully evaded the strikes and continued patrolling in regional waters, with no U.S. personnel injured.
Iran also stated that in response to the U.S. strikes on multiple Iranian oil tankers, it would issue warnings to all tankers docked at ports and anchorage areas in Kuwait and Bahrain, demanding their crews evacuate immediately, and adding these vessels would become retaliation targets.
In subsequent retaliatory actions, Iran launched missile strikes targeting U.S. sites in Jordan. Jordan said Iran fired 20 ballistic missiles at its territory.
Affected by this series of actions, Brent crude futures rose to their highest level since the end of July on Tuesday, closing near $98 per barrel and hitting an intraday high of nearly $100. WTI crude futures settled around $93 per barrel, their highest level since early June.
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