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Bitcoin plummets due to uncertainty surrounding Powell's speech at the Jackson Hole Symposium Bitcoin experienced a significant correction from a high of around $124k, dropping by approximately 7% to its current level of around $113k. This decline was driven by uncertainty surrounding Fed Chairman Jerome Powell's speech at the Jackson Hole Symposium. Uncertainty about the direction of monetary policy, including the possibility of an interest rate cut, was a major factor in Bitcoin's recent decline. Yesterday, Bitcoin drew a long-bodied bearish candle with almost no shadow. The price formed a high of $115,636, a low of $111,126, and a close of $112,726 on FXOpen's trading platform. This was a fairly deep decline from the middle band to the lower band line. In terms of institutional investor funds, there was an outflow of nearly $1 billion from Bitcoin and Ethereum ETFs, but the total funds remaining in crypto funds remained at their highest levels, indicating strong institutional investor confidence. This support is reinforced by the presence of numerous spot Bitcoin ETFs since January 2024, as well as the accumulation of over $100 billion in assets, particularly from major players like BlackRock and Harvard University. VanEck's prediction even predicts that BTC could reach $180,000 by the end of 2025, driven by growing institutional investment and favorable macroeconomic conditions. Bitwise analysts also project a BTC target range of $180k-$250k thanks to a combination of limited supply and high institutional demand. Despite a correction leading up to July, Bitcoin quickly recovered and eventually reached an all-time high above $124k in August, demonstrating strong demand and solid buying liquidity. Regarding crypto regulation, in March 2025, President Trump signed an executive order establishing a Strategic Bitcoin Reserve at the federal level, making BTC a strategic reserve asset, with the government holding an estimated 200,000 BTC. Texas even followed suit by establishing the Texas Strategic Bitcoin Reserve, signaling the growing adoption and legitimacy of BTC. BTCUSD is expected to see a slight correction today, especially if Powell's speech at Jackson Hole negates expectations of an interest rate cut. Meanwhile, institutional support and strong on-chain trends are expected to provide the basis for a medium-term rebound.

MATIC has been making a comeback with more on-chain usage and renewed interest. But while that happens, BingX is quietly setting up the pre-market launch for a new token WLFI, which stands for World Liberty Financial. It caught my attention because I like to watch how new tokens perform before they hit the big exchanges. Pre-market lets you jump in early, which can be good if the token gains attention after it lists. You might get in at a lower price while everyone else waits for it to launch officially. But it’s not a guaranteed win. Less people means less liquidity. That can lead to weird price swings or even big drops. I’ve used BingX a few times for pre-market access and sometimes it worked out, sometimes not. But it’s helped me learn when to take the risk and when to wait. With WLFI, I’m watching to see if the project has real demand and energy behind it. If it does, then pre-market might offer a nice edge. I’m not working for anyone or hyping this for gain. Just sharing what I see. WLFI’s pre-market on BingX could be smart if you know how to manage risk. But if you don’t like swings, maybe wait until it lists. Either way, I’ll be watching it unfold and learning from how the market reacts.

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Ethereum is powering up, driven by optimism around ETF approvals and clearer staking rules. That confidence isn’t just lifting ETH it’s spilling across the entire altcoin space. One project making noise is XPIN Network, rolling out a massive incentive campaign on BingX with 112M XPIN in rewards for Spot and Futures traders. The scale alone signals a serious push to spark liquidity and draw attention. This comes as ETH strengthens its institutional narrative, while newer projects ride the wave to build ecosystems of their own. The mix of regulatory clarity, capital inflows, and huge incentive programs is giving the market early AltSeason vibes. Big rewards on the table. Ethereum setting the pace. Altcoins catching fire. Question is: are you getting positioned for the next leg up?

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Trump's involvement in cryptocurrency sparked a surge and volume into the market, cause after he was elected $BTC to make a new ATH, leading to where the market is now, and $WLFI, a project that aims to merge traditional finance with blockchain technology, which is backed by Trump, could also get much volume, cause after a year of anticipating its listing on CEXs, Bitget has listed early on pre-market and futures ahead of OKX, and MEXC, giving users early access to capitalize on the wave. Do you think this token can see volume and surge like $TRUMP did after other CEXs listing date come because currently the volume is already massive.

WLFI has the treasury strength to stand out in DeFi, but its long-term success will depend on whether it can balance that financial backing with a truly decentralized governance model. Although got my tabs already on Bitget's pre-market awaiting its listing.

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Ethereum gaming network Xai has filed a lawsuit against Elon Musk’s artificial intelligence company xAI, accusing it of trademark infringement and unfair competition. The complaint, lodged in California, argues that Musk’s xAI has caused market confusion, damaging Xai’s reputation and brand identity. Ex Populus, the Delaware corporation behind Xai, said it has used the XAI mark since June 2023 through its blockchain gaming ecosystem and $XAI token. Matters worsened after Musk revealed in November 2024 that xAI planned to launch a gaming studio, leading to further public confusion. The lawsuit highlights instances of consumers, publications and even Musk’s AI assistant Grok linking the two ventures incorrectly. Xai claims this association has led to reputational harm, given Musk’s polarizing image. The filing also states that Musk’s team attempted to pressure Ex Populus into giving up rights. Xai is seeking damages, cancellation of xAI’s applications and an injunction.

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