Analyst: Bitcoin Q3 Poised for All-Time High, Maintains `Buy' Rating for Strategy Stock

JPMorgan Chase plans to test real-time blockchain settlement for Japanese Government Bond (JGB) transactions. Meanwhile, Mitsubishi UFJ Financial Group (MUFG), one of Japan’s largest banking groups, is preparing to run a proof of concept (PoC) for on-chain Japanese government bond trades via the Canton Network, exploring 24/7 real-time settlement to shorten the current traditional 1-to-3-day settlement cycle and boost repurchase transaction efficiency.

JPMorgan Chase plans to test real-time blockchain settlement for Japanese Government Bond (JGB) trades. Meanwhile, Mitsubishi UFJ Financial Group (MUFG), one of Japan’s largest banking groups, is preparing to conduct a proof of concept (PoC) for on-chain Japanese government bond transactions via the Canton Network, exploring 24/7 real-time settlement to shorten the current traditional 1-to-3-day settlement cycle and boost repo transaction efficiency.

According to foreign media reports, 83% of economists expect the European Central Bank (ECB) to raise its deposit facility rate by 25 basis points to 2.50% in September; 80% project the rate will hold at 2.50% through the end of the year, while 63% forecast it will stay at or above 2.50% until the third quarter of 2027. Of the 69 surveyed economists, 57 (around 83%) predict a rate hike next month, a figure higher than the 72% seen before the July meeting and 65% in June. This indicates that, following the June rate hike, market consensus is growing around another ECB rate increase in September. Nomura Securities noted: "The longer oil prices stay at current levels, and the higher they rise, the greater the risk of second-round effects emerging. The ECB cannot act until it sees these effects, but it can act in advance – which is exactly what it has been doing. The risk is that if the ECB only raises rates once, it will look like a minor adjustment, and as everyone knows, monetary policy cannot be operated that way. If they raise rates once, they will likely raise them again. Given that the June rate hike was an obvious choice for the ECB, we believe the likelihood of another rate hike is very high." (Source: Jinshi)

According to Bloomberg, IBM has signed a strategic partnership with OpenAI to accelerate the secure deployment of AI in enterprises’ core business operations. The joint go-to-market collaboration will integrate cutting-edge models including GPT-5.6, Codex, and ChatGPT Work into IBM Consulting’s AI delivery platform to serve enterprise clients. IBM will launch a dedicated OpenAI Practice, staffed by thousands of certified consultants and engineers. The partnership targets sectors including financial services, government, telecommunications, and retail, as well as areas such as corporate finance and human resources. IBM has joined OpenAI’s Elite Partner tier under the framework of this collaboration. IBM’s U.S. stock rose approximately 1.6% in pre-market trading.

Per official announcements, Binance Wallet’s Meme Rush now supports Pools Trade, Uniswap’s new launchpad on the Robinhood Chain.

Brazilian Bitcoin treasury firm OranjeBTC (B3: OBTC3) has announced the launch of the Digital Yield ETF (DIGY11), a collaboration between OranjeBTC, 3R Investimentos and MarketVector, set to list on Brazil’s B3 stock exchange in early September. DIGY11 will initially invest in preferred shares issued by Strategy via STRC and Strive via SATA, distribute monthly returns to investors in Brazilian reais, and offer daily liquidity plus currency hedging. Under current market conditions, the ETF is projected to deliver an annualized distribution yield of roughly 3% to 5% above the CDI, though this estimate excludes fund unit price volatility and does not constitute a return guarantee. Notably, the ETF does not directly invest in Bitcoin; instead, it holds preferred shares linked to Bitcoin treasury firms, providing Brazilian investors with a local channel to access dollar-denominated returns and exposure to Bitcoin ecosystem assets.