El Salvador will distribute its Bitcoin reserve among 14 wallet holders to mitigate potential quantum computing threats

On August 31st, based on CME's "FedWatch" data, the likelihood of the Fed keeping interest rates unchanged in September is 13.6%, and the probability of a 25-basis-point rate cut is 86.4%.

On August 30th, based on the data from DefiLlama, the current total market capitalization of stablecoins across the entire network is reported to be $283.93 billion, showing a 2.63% increase in the past 7 days. Among them, USDT accounts for 59.12% of the market share.

On August 30th, Joseph Lubin, the co-founder of Ethereum and the CEO of ConsenSys, stated that Wall Street will participate in staking because they are currently incurring costs for their infrastructure. Ethereum will replace many of the independent systems they operate (for example, JPMorgan Chase may operate multiple independent systems from banks it has acquired and absorbed). Wall Street firms will need to transform into traditional financial companies operating on a decentralized track, which means engaging in staking, running validation nodes, operating L2/L3, participating in decentralized finance (DeFi), and writing smart contracts for protocols, processes, and financial tools. The perception that L2 will cannibalize L1 will soon be disproven, as demonstrated in projects like Linea and Proof of Burn. The price of ETH may increase by 100 times or even more in the future. ETH will surpass BTC as the monetary base. Tom Lee and I have a good relationship, and the only difference

On August 30th, based on Coinglass data, the current funding rates of mainstream CEX and DEX are showing a continuous divergence in the market, with a combination of bearish and neutral sentiments. The specific funding rates for mainstream coins are as shown in the attached image. BlockBeats Note: The funding rate is a fee set by cryptocurrency exchanges to maintain the balance between the contract price and the underlying asset price. It is usually applicable to perpetual contracts and is a fund exchange mechanism between long and short traders. The trading platform does not charge this fee. It is used to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price. When the funding rate is 0.01%, it represents the baseline rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market. When the funding rate is less than 0.005%, it indicates a generally bearish market.

On August 30th, as per an announcement from the Hong Kong Stock Exchange, the Hong Kong-listed company China Financial Leasing Group presented its interim performance report dated June 30, 2025. The report revealed that the continuous weakness of the US dollar has led to the strengthening of Bitcoin. The company has started to pay attention to the cryptocurrency market and has begun to make investments in the cryptocurrency industry. Specifically, it is holding physical cryptocurrency instead of synthetic products on relevant exchanges and trading platforms. The current main investments comprise: South East England Hong Kong Dollar Money Market ETF, BlackRock iShares Bitcoin Trust ETF, Huaxia Bitcoin ETF, iShares Ethereum Trust ETF. Previously reported, Cai Wensheng acquired shares of China Financial Leasing at a premium and will focus on AI, Web3, and Hong Kong technology incubation.