MEXC Alpha Trader – Industry Daily (September 2, 2026)

I. Macro & Market Sentiment

(Market Data)

· BTC Price: $76,895 (24h -1.88%)

· Funding Rate: +0.0072%

· Fear & Greed Index: 70 (Greed)

· Market sentiment remains in Greed territory despite the price pullback.

· Japan’s 10-year government bond yield reached 3% for the first time in 30 years. The U.S. 30-year Treasury yield has closed above 5% on 55 days this year, the highest number since 2006, as global interest-rate conditions continue to tighten.

· South Korean President Lee Jae-myung stated that interest-rate hikes are inevitable, strengthening signals of monetary-policy tightening across Asia.

(Key Event Preview)

· The Federal Reserve’s September 15 meeting could mark a turning point. JPMorgan has shifted to a “tactically cautious” stance, recommending lower net long exposure and warning that markets could become more volatile over the next two to three weeks.

II. Trading Signals / Hotspots

(Bitcoin · Extreme Sentiment)

· BTC is trading at $76,895, down 1.88% over the past 24 hours, while the Fear & Greed Index stands at 70, indicating Greed. U.S. spot Bitcoin ETFs recorded net inflows of $216.7 million yesterday, including $205.9 million into IBIT, creating a short-term divergence between institutional allocation and price performance.

· Key Catalyst: Continued ETF inflows alongside falling prices present conflicting signals, reflecting a wait-and-see market and uncertainty ahead of the Federal Reserve’s September meeting.

(Strategy · Capital Inflows)

· Strategy resumed purchasing BTC after a pause of more than two months, acquiring 4,603 BTC between August 24 and 30 for approximately $369.7 million at an average price of $80,318. The company now holds 845,050 BTC, valued at approximately $65.8 billion. It also spent around $151.8 million repurchasing 1.557 million STRC shares.

· Key Catalyst: Strategy’s renewed BTC purchases and share buybacks suggest easing liquidity pressure. However, MSCI’s proposal to remove the company from global indices could trigger passive selling by index funds.

(Ethereum · Capital Inflows)

· U.S. spot Ethereum ETFs recorded net inflows of $87.6 million yesterday, including $59.9 million into ETHA. Tom Lee said that cryptocurrencies, particularly ETH, could become the assets generating the strongest FOMO before year-end, strengthening expectations of institutional allocation in the fourth quarter.

· Key Catalyst: Continued ETF inflows and institutional optimism surrounding the fourth-quarter allocation window are strengthening expectations of an ETH valuation recovery.

(NVIDIA / MediaTek · Major Catalyst)

· NVIDIA subscribed for $3.5 billion in MediaTek convertible bonds. The companies will integrate the NVLink Fusion interconnect protocol and NVHBM technology into MediaTek’s data-center chip designs. MediaTek expects its custom ASIC business to generate $2 billion in revenue in 2026.

· Key Catalyst: NVIDIA’s investment in MediaTek establishes technological barriers in the custom-chip market and accelerates the integration of the AI chip supply chain.

(Coinbase · Earnings-Driven)

· Cantor Fitzgerald raised its Coinbase price target from $184 to $212 and maintained an “Overweight” rating. Third-quarter subscription and services revenue is expected to reach approximately $500 million to $580 million, while adjusted expenses are projected at approximately $980 million to $1.08 billion.

· Key Catalyst: Valuations across the crypto ecosystem have recovered as Bitcoin moved back toward $80,000, while institutional expectations for Coinbase’s performance remain optimistic.

(Hyperliquid · Regulatory Impact)

· Trump stated at a crypto industry conference that the CFTC is working to facilitate Hyperliquid’s compliant entry into the U.S. market. Hyperliquid is also reportedly in talks with Kraken’s parent company about entering the market. However, Lazarus Group continues to use Hyperliquid to transfer more than $30 million linked to $61 million in stolen funds.

· Key Catalyst: Trump’s mention of Hyperliquid signals a shift in policy stance, but Lazarus Group’s fund transfers could prompt regulators to scrutinize the platform’s compliance controls.

III. Capital Flows / Unusual Movements

· Strategy resumed purchasing BTC after more than two months, acquiring 4,603 BTC between August 24 and 30 for approximately $369.7 million at an average price of $80,318. It now holds 845,050 BTC at a cumulative cost of approximately $63.73 billion and an average acquisition cost of $75,412. The company also injected approximately $30 million in liquidity and spent around $151.8 million on share buybacks.

· Following reports that Hyperliquid may enter the U.S. market, a whale transferred 488,600 HYPE, worth $40.91 million, from a position accumulated through FalconX five months ago into Hyperliquid and staked the tokens. HYPE traded at approximately $35 five months ago, leaving the whale with an unrealized profit of $23.73 million, or 138%.

· ARK Invest purchased $37.4 million worth of Block Inc. shares yesterday and another $3.4 million worth of Circle shares, reflecting its positive outlook on the payments and stablecoin sectors.

· U.S. spot Bitcoin ETFs recorded net inflows of $216.7 million yesterday, including $205.9 million into IBIT. Spot Ethereum ETFs recorded net inflows of $87.6 million, including $59.9 million into ETHA, indicating stronger institutional allocation demand.

IV. Regulation & Major Events

(Regulation / Sanctions / Licensing)

· Strategy sent a letter to MSCI opposing its proposal to exclude “non-operating companies” from global investable market indices. Strategy called the proposal discriminatory and said it once again targets digital asset treasury companies. Strategy holds 845,050 BTC, valued at approximately $65.8 billion. If MSCI adopts the proposal, Strategy’s position in global indices could be affected, potentially triggering passive selling by index funds.

· Trump stated at a crypto industry conference that the CFTC is working to facilitate Hyperliquid’s compliant entry into the United States. Hyperliquid is also reportedly in talks with Kraken’s parent company about entering the market.

· The Monetary Authority of Singapore is seeking public feedback on proposed amendments to the Payment Services Act 2019 intended to establish a stablecoin regulatory framework in Singapore. The consultation closes on October 16.

· The U.S. Securities and Exchange Commission has intensified its scrutiny of companies behind special purpose vehicles. Registered investment advisers are being asked to prove that their SPVs own or hold the private-company shares they claim to possess. Reviews may take anywhere from several weeks to one year.

(Security Incidents)

· The crypto industry recorded 50 major hacks in August 2026, up 67% from July. Total losses reached approximately $136.3 million, down 49.5% month over month. Cronos ecosystem lending protocol Tectonic suffered an attack resulting in approximately $74 million in losses, making it the month’s largest individual incident and the fourth-largest crypto asset theft of the year.

· Addresses linked to OFAC-sanctioned North Korean hacking organization Lazarus Group continued to transfer more than $30 million through Hyperliquid as of yesterday. The addresses were previously identified as being connected to $61 million in stolen funds.

V. Platform Exclusive Benefits

〔Global/Universal〕

· August High-Volume Trader Competition – Top Player U.S. Stock Mystery Box (Futures)

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Recommended Reading: MEXC On-Chain Daily Report: 21 International Financial Institutions Plan to Jointly Launch a U.S. Dollar Stablecoin

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