there are market rumors that Morgan Stanley expects the Fed to cut interest rates in September, but warned that the rate cut is not a sure thing. If there is a strong job number (assuming around 225,000 in August) or a significant increase in inflation driven by tariffs, it may delay the Fed's plan to cut interest rates this month. 

the panic and greed index today is 47, with a neutral rating.

European Central Bank official Dolenc said that the ECB interest rates will remain unchanged for now, and the next step could be a rate cut or a rate hike. Given that the European economy remains resilient and inflation is stable at around 2%, Dolenc believes that there is no need to adjust borrowing costs this month, as there have been no "significant changes in any direction." "After September, we should observe the effects of monetary policy - how the data looks, how the forecasts look - and then make a decision," he said, "At that time, policy could evolve in any direction." 

 according to Lookonchain monitoring, a whale deposited 3.25 million USDC to Hyperliquid, established a short position of 3000 ETH with 25 times leverage, with a total position value of approximately 12.98 million US dollars, and its liquidation price is 5291.9 US dollars.

Fosun Wealth Holdings, based in Hong Kong, has launched tokenized stocks of Israeli medical company Sisram Medical. The company is listed on the Hong Kong Stock Exchange, which also aligns with Hong Kong's strategy to become a cryptocurrency and blockchain hub.

ECB official DOLENC said that the next interest rate action could be a rate cut or a rate hike.

the World Gold Council is seeking to launch digital gold. 

a whale/institution raised another 5,172 ETH ($22.47 million) an hour ago, accumulating a total of 47,854 ETH ($210 million) in five days, with an average price of $4,397.

 the market shows that SOL has fallen below $210, now trading at $209.99, with a 24-hour increase of 3.96%. The market is volatile, so please be prepared for risk control.

7:00-12:00 Keywords: Bitcoin hashrate, Federal Reserve Chairman, Non-farm data

 according to a survey by Citigroup, it is expected that within less than five years, one-tenth of the global post-trade market turnover will be processed through stablecoins and tokenized securities. This investment bank stated in its "Securities Services Evolution Report" released on Tuesday that stablecoins issued by banks are seen as the main way to support collateral efficiency, fund tokenization, and private market securities.

the computing power of Bitcoin has reached an unprecedented level, with the 7-day moving average computing power exceeding 1 ZH/s (zetta hash per second) for the first time over the weekend. This milestone highlights the continued growth and resilience of the Bitcoin network, but at the same time, miners' profitability is being squeezed due to the rising mining difficulty and declining transaction fee income. According to network data, the sharp increase in computing power is expected to trigger a difficulty adjustment of over 7% in the next two days, further raising the computing threshold required to mine new blocks. Throughout the summer, as the peak electricity restriction period ends, computing power is gradually returning to the network, and mining difficulty is at a historical high. The increase in network computing power comes at a time when transaction fee income is at one of its weakest levels in recent years. In August, transaction fees accounted for less than 0.8% of the total block rewards, hitting a multi-year low.

 due to the Labor Day holiday in the United States (September 1st), the release time of some economic data in the United States has been delayed. The U.S. weekly API and EIA crude oil inventory data will be released on September 4th (Thursday) at 04:30 and September 5th (Friday) at 00:00 respectively. The U.S. August "small non-farm" ADP employment numbers will be released on September 4th (Thursday) at 20:15, and the U.S. August non-farm employment data will still be released on September 5th (Friday) at 20:30. Investors are advised to take note. 

 the Trump family's project World Liberty Financial (WLFI) disclosed that it prevented two hacker attacks originating from end users being compromised (not WLFI vulnerabilities). The transaction shows that a wallet designated by WLFI had already blacklisted wallets identified as compromised (private key lost) before going online. These on-chain operations thwarted attempts to steal funds from the Lockbox. The team is assisting affected holders in regaining access.

ZK's full-chain data calculation and verification platform Brevis announced a strategic partnership with Linea. In the 10-week "Linea Ignition" growth plan officially launched by Linea, Brevis will provide zero-knowledge proof virtual machine Pico and coprocessor products, distributing a total of 1 billion LINEA tokens in the Etherex, Aave, and Euler protocols, achieving the world's first completely trustless on-chain liquidity incentive.

 according to relevant page information, the probability of "Trump stepping down as president this year" on Polymarket is currently at 7%. Previously reported, Trump appeared on live camera at the White House press conference, dispelling speculation about his health. In the first half of today's White House press conference, live broadcasts from mainstream American media such as Fox News, NBC, CNBC, etc., showed the exterior of the White House and did not show Trump himself at the press conference. When responding to rumors of his death, Trump said, "Didn't see it."

according to on-chain analyst Ai Auntie (@ai_9684xtpa), a whale recharged all 2,585 ETH accumulated over the past four months to Binance (about $11.32 million) 10 hours ago, suspected of conducting a liquidation operation. If sold, the return rate over four months is about 89%. With an entry price of $2,316 and a take-profit price of $4,378, the total accumulated profit from high selling and low buying over four months is $5.33 million.

 Linea Association announced that Linea Association has approved the distribution of 4% of LINEA to liquidity providers participating in the LineaSurge activity. As the first step of distribution, SBT was issued to eligible wallets last Friday. More detailed information on converting these SBT to LINEA tokens will be announced through the official qualification check page.

 the founder of Bridgewater Fund, wrote today about stablecoins and cryptocurrencies. His key points include:

 according to Trader T monitoring, the net inflow of the US spot Bitcoin ETF was $332.5 million yesterday.