Native Markets has secured a 71.88% staking share in the USDH auction.

On September 11th, when the US stock market opened, the Dow increased by 0.25%, the S&P 500 rose by 0.37%, and the Nasdaq went up by 0.45%. Nvidia (NVDA.O) saw a rise of approximately 1%, and Oracle (ORCL.N) increased by 0.5%. Regarding cryptocurrency-related stocks, COIN rose by 1.28%, MSTR rose by 0.27%, CRCL rose by 0.58%, SBET rose by 0.71%, and BMNR rose by 2.86%.

On September 11th, the cryptocurrency exchange Kraken launched a new perpetual contract product for eligible customers in a particular jurisdiction. Kraken pointed out that its product has some "built-in safeguards", such as a stop-loss function to restrict potential losses on the downside when "the market moves against your prediction". At the time of launch, traders will be able to use their Kraken USD balance as collateral, which can then be topped up with other assets. Kraken is getting ready for an initial public offering as early as the first quarter of 2026.

On September 11th, Robeco Institutional Asset Management, which has an Asset Under Management (AUM) of $62 billion, purchased $18 million worth of Strategy stock during the second quarter. Currently, it holds 125,650 shares with a value of over $41.3 million.

On September 11th, Mogu Inc. (MOGU.US) experienced a 200% pre-market surge in the US stock market. Previously, Mogu Inc. announced that during the second quarter of this year, the Board of Directors approved a strategic allocation of corporate assets to digital assets, mainly consisting of Bitcoin, Ethereum, and Solana, as well as related securities and investment products. By leveraging the company's extensive AI research and development expertise, this action aims to expedite the company's entry into decentralized AI applications and services while enhancing fund diversification and long-term value preservation.

On September 11th, Jordan Rochester from Mizuho Bank pointed out that the sharp increase in initial jobless claims was mainly driven by Texas. Perhaps this is the reason why the bond market is giving back some of its earlier gains. "It is difficult to get overly excited about this surge in claims. Do not regard it as a long-term trend as it is mainly driven by an anomaly in Texas." (FXStreet)

September 11th. This Thursday, a U.S. government report indicated that the number of initial jobless claims rose sharply to nearly a four-year high. In the short-term interest rate futures market, the betting on a Fed rate cut continued to increase. It shifted from expecting at least two rate cuts by the end of this year to betting on four consecutive rate cuts from September to January next year. Eventually, it priced in three rate cuts by the end of the year, suggesting that the Fed will cut rates in all the remaining meetings this year. However, the August CPI growth was stronger than anticipated, which might prevent the Fed from making significant rate cuts. The probability of a 50 basis point rate cut by the Fed in September increased slightly from 8% before the announcement to 10.9%. (FXStreet)