ChainCatcher reported, citing Gate market data, that the Dow Jones Industrial Average fell 626.72 points, or 1.17%, to close at 52,787.53 on Sept. 8. The S&P 500 dropped 44.98 points, or 0.58%, to 7,673.62, while the Nasdaq Composite slipped 85.58 points, or 0.32%, to 26,421.41.

SpaceX may receive a fresh wave of passive buying after the Nasdaq 100 carries out its quarterly rebalance later this month. The company’s stock has recently traded within a narrow range, while its relatively small free float has kept its index weighting at 1.25%, ranking it 19th in the Nasdaq 100. SpaceX has a market capitalization of more than $2 trillion, making it the index’s sixth-largest constituent by market value. Its weighting is expected to rise after the next rebalance. The changes will be announced after Friday’s close and take effect on Sept. 21. More than 1 billion shares have already become unlocked, lifting SpaceX’s free float from less than 10% shortly after its IPO to nearly 30% of total shares outstanding. A report published Tuesday by JPMorgan Securities strategist Min Moon and others estimates that SpaceX could receive a 1.51% weighting after the rebalance. That could result in roughly $12.4 billion in passive net purchases by index funds and exchange-traded funds. Nasdaq said about $1.7 trillion in assets tracked the Nasdaq 100 at the end of the second quarter, including the Invesco QQQ Trust Series 1 ETF, widely known by its QQQ ticker. Advisorperspectives carried the information.

Bloomberg reported that SpaceX's stock price has been trading in a narrow range recently, but a wave of new buying could soon arrive as the Nasdaq 100 Index undergoes its quarterly rebalancing. The index's obscure compilation rules and phased shareholder lock-up periods limit the number of tradable SpaceX shares, potentially boosting its weight.

Bitcoin’s correlation with gold has climbed to a fresh high in the current data series, while its relationship with major U.S. equity indexes has weakened. According to ChainCatcher, BTC’s 90-day price correlation with gold rose to 0.56, above the previous peak of about 0.5 seen in November 2020 and the highest level recorded by most data providers since they began tracking the metric in 2017. Over the same period, BTC’s 90-day correlation with the Nasdaq 100 fell to around 0.3, its lowest point in a year. On a shorter 30-day window, the link between BTC and gold increased again to 0.72, while its correlation with the Nasdaq Composite stood at only about 0.22. ChainCatcher said capital flows tied to the “currency debasement trade” since August have reinforced Bitcoin’s “digital gold” narrative.

Bitcoin’s 90-day correlation with gold has risen above 50%, reaching its highest level since the 2020 pandemic period, while its correlation with the Nasdaq 100 has fallen from more than 60% to roughly 30%-33%, according to a Techub report citing CryptoPotato. The report said the shift began in mid-August, when the U.S. Treasury raised the cap on long-term Treasury liquidity support buyback operations from $2 billion to $4 billion. Analysts linked the move to growing market concerns over debt, deficits, and currency debasement, which pushed investors to view both Bitcoin and gold as hedging instruments. Grayscale research head Zach Pandl said Bitcoin’s correlation with gold has moved from near zero at the start of the year to above 50%. Even so, the report noted that Bitcoin has not fully broken from equities, pointing to a recent instance in which Bitcoin and U.S. stocks both fell after a strong U.S. jobs report.

OpenPayd has completed its integration of MSB USA Inc. and obtained money transmitter licenses in 43 US states, accelerating its North American expansion. The company plans to list on Nasdaq via a merger with Titan Acquisition Corp in Q4 2026, at a valuation of approximately $1.1 billion. It already holds an EU MiCA authorization, with annualized recurring revenue exceeding $96 million and annualized transaction volume surpassing $300 billion. Its infrastructure supports fiat and stablecoin settlement, serving over 1,200 clients including Kraken and OKX.

Hyperliquid, a DeFi protocol, has had its native token HYPE officially included in the regulated Nasdaq CME Crypto Index. The adjustment took effect during the quarterly rebalance of the Hashdex Nasdaq CME Crypto Index ETF (NCIQ). The updated index weighting shows Bitcoin and Ethereum maintain dominant shares, while HYPE enters at 3.36%, closely trailing Solana's 3.79%. XRP holds third place with 5.21%. The inclusion follows Hyperliquid's meeting stringent requirements in market capitalization, liquidity, and custodial security. Investors holding the ETF gain automatic exposure to HYPE, marking a significant milestone for the token in institutional-grade compliance and market infrastructure.

Bitari Inc., a mining infrastructure company with only four full-time employees, has publicly filed an S-1 with the U.S. Securities and Exchange Commission to list on the Nasdaq Global Market under the ticker BIAI. The company is seeking to raise about $30 million by offering 4.286 million shares at $7 each, implying a post-offering valuation of roughly $302 million based on 43,085,715 shares outstanding. The filing shows a business that is profitable, but only barely. For the nine months ended April 30, 2026, Bitari reported $8.37 million in revenue and net income of $183,900. About $8.12 million, or roughly 96.9% of total revenue, came from hosting and operations services. Over the trailing 12 months through April 30, total revenue was $11 million. Bitari does not buy mining machines or mine bitcoin directly. Instead, it builds sites in low-power-cost regions, connects electricity and cooling systems, and rents capacity to third-party miners. The company has 60 MW of planned capacity across Wheeler and Dumas in Texas and a contracted site in Marion, Indiana. After underwriting fees, it expects about $27 million in net proceeds, including a planned $15 million deposit and initial investment for an AI compute data center joint venture. The filing also shows that controlling shareholder AI Power X Inc. will retain 85.87% of the shares and voting power after the offering.