Tom Lee breathes a sigh of relief, as Bitmine’s unrealized losses on its Ethereum holdings narrowed by nearly $2 billion overnight.

SpaceX is set to acquire all rights to the nationwide 800MHz low-band spectrum portfolio held by Grain Management, covering up to 14MHz of paired spectrum. The seller issued an announcement at 04:17 Beijing Time today; the transaction remains subject to approval from the U.S. Federal Communications Commission (FCC). The core business focus of this deal is to enhance Starlink Mobile’s coverage capacity. SpaceX plans to combine its satellite-to-direct-mobile constellation with terrestrial networks to expand its presence among U.S. mobile operators. The company also noted that the FCC approved its deployment of 15,000 next-generation mobile communication satellites earlier this week. Trading volumes surged in the window following the news release. Per TradingBeats monitoring, based on the seller’s 04:17 announcement, the price of SPCX perpetual contracts on Hyperliquid rebounded from $160.89 to $164.54 in the four hours after, a rise of around 2.27%. The first hour saw a trading volume of roughly $23.57 million, up about 174.8% from the $8.58 million in the hour before the announcement. As of press time, SPCX is trading at approximately $165.54. Combined with the disclosure that Trump purchased senior unsecured notes from SpaceX, this has pushed the near-24-hour trading volume to exceed $205 million, with open interest hitting $124 million over the same period.

It seems that Bitcoin mining company MARA Holdings (@MARA) also dumped 996 $BTC($81.13M).

According to Bitget market data, Yunfeng Financial Group (00376.HK), backed by Jack Ma, surged rapidly in the afternoon session, now up over 39% with its share price breaking through HK$2.4. The short-term rally of Yunfeng Financial was mainly driven by the securities and internet finance sectors, coupled with its own license restructuring and growth in insurance profits. Today, Hong Kong-listed securities ETFs rose over 2%, while the internet finance sector also moved higher in tandem.

According to Bitget market data, spot gold has crossed the $4,200 per ounce mark, its first time hitting this level since October 2, with an intraday gain of over 1.6%.

Japanese yen stablecoin issuer JPYC announced today that it submitted information to the Japan Fair Trade Commission on September 14, outlining the competitive landscape of cashless payments amid the growing adoption of stablecoin payments. Since its launch in October 2025, JPYC has been accepted at over 150 stores. As it enables direct value transfers via blockchain, it does not charge merchants merchant fees, resulting in significantly lower costs than existing cashless payment methods. Some stores aim to pass these cost savings to JPYC users, offering discounts, free shipping, and other perks, but worry this would violate credit card merchant agreements that prohibit surcharges, cash discounts, and inducements to use alternative payment methods. JPYC contends that accepting specific payment methods and setting pricing fall under merchants’ operational discretion, and passing on cost reductions to customers benefits both consumers and competition. The Japan Fair Trade Commission’s 2022 report also noted that blanket bans on such practices may in certain cases violate antitrust laws, a view that applies equally to stablecoin-related promotions.

Sources familiar with the matter said SoftBank founder Masayoshi Son is seeking to raise up to $100 billion from Gulf region investors to ramp up its large-scale artificial intelligence (AI) investments. Son has held talks with several senior figures in recent weeks, including contacts from the United Arab Emirates (UAE). SoftBank may use the proceeds to set up a fund to acquire other companies, then leverage AI to revamp their operations.