Duan Yongping: He most probably will not sell his Bubble Mart stocks within the next 10 years.

BitMEX announced it will officially shut down its trading platform at 04:00 UTC on September 23, 2026. Effective immediately, the platform has suspended all new user registrations. Following a strategic review of its business and the broader cryptocurrency industry, the board of BitMEX’s parent company HDR Global Trading Limited has decided to close the trading platform. BitMEX strongly advises all users to close their positions and withdraw funds as soon as possible. The platform will continue normal operations until the shutdown time, but starting at 04:00 UTC on August 26, 2026, it will implement risk restrictions: users will no longer be able to open new positions, only reduce existing ones. After that, BitMEX will gradually liquidate existing positions to ensure an orderly market exit; any positions not closed by the shutdown time will be forcibly liquidated immediately. The platform states it will not be liable for trading losses incurred due to users’ failure to close positions timely. Additionally, illiquid contracts will be settled in advance, with relevant users notified per standard practice. Post-shutdown, BitMEX will cease all trading services, retaining only asset custody functions. Users can still log in to view wallet balances and historical transaction records, and continue to withdraw assets. All BMEX staking has been unlocked, with related tokens returned to user accounts. For KYC-compliant users who have not withdrawn funds by the shutdown time, BitMEX will begin charging an account maintenance fee: the monthly fee will be the higher of $50 or a 1% annualized rate. If users continue to fail to withdraw funds long-term, the platform may further increase fees in the future, with advance notice provided.

A Singapore-based trading platform has reached a new agreement with MSCI to further deepen their partnership, a move that underscores the platform’s significant push to expand its derivatives offerings. Executives at the Singaporean trading platform disclosed that the collaboration will introduce up to 100 new futures and options contracts tied to MSCI’s indices. These contracts will cover both developed and emerging markets, as well as key sector indices including utilities, industrials, energy, and finance.

According to Bitget market data, WTI crude oil futures have risen above $90 per barrel for the first time since June 11, with an intraday increase of 4.07%.

According to market data from BIT (bit.com), U.S. pre-market trading on Thursday saw modest gains in the semiconductor, storage, and optical communications sectors. Semiconductor stocks rose broadly, with Lam Research (LRCX) up 1.31%, Intel (INTC) up 2.63%, Applied Materials (AMAT) up 1.98%, and Arm (ARM) up 0.56%. The storage sector led the advance, with SK Hynix (SKHY) up 6.91%, Micron Technology (MU) up 3.07%, Western Digital (WDC) up 2.5%, SanDisk (SNDK) up 1.85%, and Seagate Technology (STX) up 2.6%. Optical communications-related stocks also trended higher, including Astera Labs (ALAB) up 1.39%, Applied Optoelectronics (AAOI) up 4.06%, Coherent (COHR) up 2.33%, Credo (CRDO) up 2.52%, and Lumentum (LITE) up 3.13%.

According to Bloomberg, people with knowledge of the matter have disclosed that Galaxy Digital Inc. plans to launch its inaugural high-yield bond offering worth approximately $3.5 billion to fund data center projects tied to CoreWeave Inc. This development signals that financing for artificial intelligence infrastructure is further pushing the U.S. credit market into higher-risk segments. The sources noted Galaxy Digital is marketing the bond to investors at a yield of roughly 9%. Morgan Stanley and Goldman Sachs are acting as underwriters for the issuance, with pricing expected to be finalized on Thursday. Since the relevant details have not yet been made public, the sources spoke on condition of anonymity.

According to market data from BIT (bit.com), Tesla (TSLA.O) fell nearly 5% in pre-market trading as its quarterly profit missed expectations and free cash flow turned negative for the first time in over two years.