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Next week's macro data focus will be on Friday's U.S. non-farm payroll report, including non-farm employment population, unemployment rate, and average hourly wage, which are directly related to the Federal Reserve's interest rate path and are important employment data ahead of the October monetary policy meeting. According to Beijing time, on Wednesday at 20:15, the U.S. September ADP employment figures will be released, and at 20:30, the U.S. August core PCE price index year-on-year will be announced; on Thursday at 20:30, the number of initial jobless claims in the U.S. for the week ending September 26 will be released, and on Friday at 20:30, the U.S. September seasonally adjusted non-farm employment population and unemployment rate will be published.Regarding officials' speeches, on Thursday at 16:00, Bank of England Governor Bailey will speak, and at 21:30, European Central Bank President Lagarde will speak. Starting from early Wednesday, Federal Reserve officials will have a series of public activities; 2027 FOMC voting member and Chicago Fed President Goolsbee, along with 2028 FOMC voting member and St. Louis Fed President Bullard, will speak in succession, and FOMC permanent voting member and New York Fed President Williams will deliver a keynote speech at the University at Buffalo. On Thursday, Federal Reserve Governor Cook, Minneapolis Fed President Kashkari, and Richmond Fed President Barkin will speak in turn, and on Friday, Williams and Dallas Fed President Logan will still have public activities. In terms of U.S. stocks, Micron will release its earnings report after the market on Wednesday, and Nike will announce its latest quarterly earnings report on Thursday, with both companies corresponding to storage chips and consumer demand.

The U.S. House Financial Services Committee plans to review H.R. 8957, the "2026 U.S. Reserve Modernization Act," on September 16, 2026 (Wednesday), and the bill will enter the committee voting process.The bill was introduced by Congressman Nick Begich, with Jared Golden as the only Democratic co-sponsor. It aims to establish a strategic Bitcoin reserve at the U.S. Department of the Treasury and create a separate digital asset reserve for non-Bitcoin assets. The bill stipulates that Bitcoin obtained through confiscation will be included in the reserves, and funds from the sale or exchange of non-Bitcoin assets can be used to purchase more Bitcoin or pay off national debt. The Treasury and Commerce Departments will also explore strategies to acquire more Bitcoin in a budget-neutral manner over the next five years, with provisions explicitly stating that funding for purchases cannot come from borrowing, new taxes, or deficit spending. The committee's review is scheduled to begin at 10:00 AM Eastern Time on Wednesday.

The first staking exchange-traded fund linked to Tron will debut in the U.S. market on Wednesday. The Canary Staked TRX ETF launched by Canary Capital will be traded under the ticker TRXS, providing investors with a new way to access TRX tokens through traditional markets. This ETF also has the potential to earn more TRX through the network's proof-of-stake mechanism, with staking rewards reflected in the fund's net asset value.Tron founder Justin Sun stated that the launch of this fund indicates the growing recognition of the Tron network as a key infrastructure for the global digital economy. Canary Capital CEO Steven McClurg noted that as the adoption of stablecoins continues to grow globally, Tron has become a critical infrastructure supporting digital asset payments and settlements. Over the past year, Canary Capital has launched multiple crypto ETFs, including products tracking HBAR, Litecoin, and XRP. According to The Block price data, TRX has a market capitalization of approximately $32.1 billion, ranking as the eighth largest cryptocurrency.

According to Apnews, a young cryptocurrency scam gang stole over 4,100 BTC in August 2024 through "social engineering" attacks, which was worth over $240 million at the time.After the theft, gang members quickly began extravagant spending, including purchasing sports cars, renting luxury homes, flying on private jets, and hiring security personnel. Among them, the alleged mastermind, a 22-year-old Singaporean named Malone Lam, reportedly spent over $569,000 in one night at a nightclub in Los Angeles.Investigations revealed that the suspects impersonated employees from Google and the cryptocurrency trading platform Gemini to trick victims into giving up their Google Drive access and security codes, allowing them to transfer the victims' bitcoins. They then moved the funds through multiple trading platforms and money laundering intermediaries. Their lavish lifestyle eventually drew the attention of law enforcement.One suspect was exposed when their IP address was revealed while hiding nearly $30 million in stolen cryptocurrency assets, leading police to trace it back to the luxury home they rented in California. Another suspect was found with $37 million worth of stolen cryptocurrency assets. Lam was accused of using the stolen funds to purchase a $2 million watch and over 30 vehicles including Porsches, Lamborghinis, and Ferraris.Currently, 18 defendants have been charged, and Lam is expected to attend a plea agreement hearing this Tuesday. The U.S. Department of Justice has already issued rulings against several accomplices, and related cases are still ongoing.

According to a report by Wall Street Journal reporter Erin Woo, citing employee sources, Google's artificial intelligence research department will release the Gemini 3.8 Flash new model, which has significantly enhanced coding capabilities. This model is internally codenamed "Skimaki" and may go live as early as Wednesday (September 2). In comparative testing with Google's internal coding tool Jetski, company engineers showed a preference for this new model over Anthropic's Opus.

The U.S. House of Representatives will vote next Tuesday on a temporary funding bill. This vote will use the "suspension of the rules" procedure, which means the bill must receive a two-thirds majority support from those present to pass. This high threshold voting procedure is typically used for legislative matters that are less controversial and have bipartisan consensus.The background for this vote is the funding deadline pressure facing the U.S. federal government. The federal funding for the current fiscal year will expire on September 30, and if Congress fails to pass a new funding bill or a temporary continuing resolution before then, the federal government will face the risk of a partial shutdown. Previously, the House and Senate have each advanced their own temporary funding proposals aimed at extending government funding into the fall.

The Canadian government will announce a series of measures on Tuesday to respond to the United States imposing a 50% tariff on approximately $200 billion worth of Canadian exports.Canadian officials, including the Finance Minister, will hold a press conference at 11 AM local time, with plans including expanding unemployment benefits and a loan program for businesses affected by the tariffs.

SpaceX will release its first earnings report since going public after the U.S. stock market closes on Tuesday, with the market focusing on the operational performance of its three major businesses: Starlink, Starship, and AI. Since its listing on June 12, SpaceX's stock price has continued to decline, closing at $114.53 on Monday, about 15% lower than the offering price of $135, and nearly 50% down from its historical high of $225.64, with a market value evaporating by over $500 billion. Visible Alpha estimates its Q2 revenue to be around $6.9 billion, primarily driven by Starlink. In terms of AI business, SpaceX previously acquired xAI and established computing power supply collaborations with Google, Anthropic, and others, with Q1 AI business revenue reaching $818 million. Additionally, the Starship's 13th test flight was recently completed, but the booster recovery experienced a hard landing.After this earnings report, SpaceX will face a lock-up period expiration on Thursday, with approximately 911 million shares (valued at about $100 billion) becoming tradable, raising market concerns about potential selling pressure. Data from S3 Partners shows that investors shorting SpaceX have realized gains of about $8.3 billion. Institutions like New Street and Yorkville Advisors believe that the pullback may provide an entry opportunity for long-term investors, with the ultimate trend depending on the strategic signals released by Musk during the conference call.

According to Jinshi, the Trump administration plans to invite employees from several tech companies, including OpenAI, Google, and Anthropic, to the White House on Tuesday to jointly review the completed artificial intelligence regulatory framework.The framework will establish a voluntary program for AI labs, requiring them to submit models for government review before release. The meeting will be hosted by the Office of the National Cyber Director and is expected to include employee-level representatives from various companies, rather than executives.

According to Jinshi, Elmar Voelker, a senior fixed income analyst at LBBW, stated in a report that investors may focus on the potential number of dissenting votes in the Federal Reserve's interest rate decision on Wednesday. He believes there could be as many as three dissenting votes, as there was already a camp of this size voting against the Fed's forward guidance as early as April.If the Federal Reserve unanimously decides to adopt a wait-and-see monetary policy stance, it would be an unexpected move favorable to the bond market, shaking market participants' general expectations for a rate hike in September.

ARK Invest's funds collectively purchased 121,400 shares of SpaceX stock, valued at approximately $14.996 million; at the same time, they sold 97,300 shares of Robinhood stock, valued at approximately $10.351 million, continuing the recent trend of reduction.On the same day, ARK also purchased about $4.965 million worth of shares in electric aircraft company Archer Aviation. According to previous reports, SpaceX closed down over 6% yesterday, hitting a new low since its listing.

According to The Block, Cathie Wood's Ark Invest purchased 16,665 shares of Securitize (SECZ) on Tuesday, valued at approximately $125,654. SECZ rose 13.9% that day, closing at $7.54.

The State Duma of Russia will conduct the second and third readings of the cryptocurrency regulation bill on Tuesday. The bill is titled "Digital Currency and Digital Rights," and it includes rules for investors and regulations related to cross-border payments.The bill proposes restrictions for non-qualified investors, including a limit of 300,000 rubles, approximately $3,800, for purchasing cryptocurrency through a single intermediary each year, and a limit of 100,000 rubles for transfers abroad. The purchase limit for qualified investors is set at 3 million rubles, with a limit of 1 million rubles for transfers abroad.If the bill is approved, Russia will establish a legal framework for cryptocurrency activities, covering rules for investors and cross-border trade operations. The main provisions of the bill are expected to take effect on September 1 and will allow companies supplying goods to Russia to use crypto assets.

According to The Block, Cathie Wood's Ark Invest purchased 181,847 shares of SpaceX on Wednesday, worth approximately $27 million.SPCX fell 0.81% on the day, closing at $148.26, with a cumulative decline of 13.5% over the past five trading days.

According to Reuters, informed sources revealed that due to the subscription scale reaching several times, South Korean chip manufacturer SK Hynix will end its $28 billion American Depositary Receipt (ADR) issuance book-building at 4 PM Eastern Time on Wednesday. It is reported that the final pricing guidance for this issuance will be announced after the close of the Korean stock market on Thursday, and the allocation results will be finalized later on Thursday evening, with plans to officially list on Nasdaq on July 10.The report pointed out that this issuance has attracted strong demand from American investors, with several large orders ranging from $200 million to over $1 billion. The company previously disclosed that institutions such as Baillie Gifford and Coatue Management have expressed interest in purchasing a total of up to $7 billion in ADRs. This transaction is expected to issue 17.79 million new shares, making it the second largest stock issuance in history globally, following SpaceX's record $85.7 billion IPO last month, surpassing the previous records of Saudi Aramco (2019) and Alibaba (2014). As a core supplier of high bandwidth memory (HBM) for companies like Nvidia and Google, SK Hynix stipulates that every 10 ADRs represent 1 share of common stock, with a reference price of 242,500 Korean won per ADR based on the Seoul closing price on July 3.

According to Cointelegraph, the New Hampshire Business Finance Authority (BFA) is scheduled to hold a public hearing on Wednesday regarding the issuance of $100 million in Bitcoin-backed bonds. The plan was approved by the BFA in November 2025 and requires final approval from the governor and a five-member executive council.The bonds are secured by collateral from the private borrower CleanSpark, with no recourse to state funds or taxpayers. Moody's assigned a preliminary rating of Ba2 (speculative grade) to the bonds in March. New Hampshire is the first state to pass a strategic Bitcoin reserve law, allowing 5% of public funds to be invested in digital assets.

According to The Block, Ark Invest, led by Cathie Wood, purchased nearly $18 million worth of Circle Internet Group stock on Wednesday, with CRCL dropping to $61.95 that day, a cumulative decline of 41% over the past month.

According to Jinshi reports, SpaceX (SPCX.O) options contracts will begin trading next Tuesday, and the company's stock started trading today. SpaceX raised $75 billion at a valuation of $1.765 trillion, with the stock opening at $150, higher than the IPO issue price of $135.A spokesperson confirmed that the options will be traded on exchanges including the Chicago Board Options Exchange (CBOE) and Nasdaq. These derivatives may see strong demand as they provide investors the opportunity to bet on the stock's future performance or hedge against the risk of a decline in stock price. A surge in options trading volume could further increase demand for stock trading.