Justin Sun’s WLFI Saga and Bitcoin’s Potential Drop Below $50K
TL;DR Summary
Bitcoin may drop below $50,000 amid bearish signals, while Justin Sun urges WLFI to unfreeze his tokens. The week also saw major developments including interest rate cut forecasts, a $6.4 billion crypto treasury deal by Trump-linked media, and regulatory concerns over prediction markets. Additionally, a Bitcoin bear market is predicted to begin in October, and other crypto news highlights include recovery from a phishing attack and significant market movements.
- Bitcoin may sink ‘below $50K’ in bear, Justin Sun’s WLFI saga: Hodler’s Digest, Aug. 31 – Sept. 6 Cointelegraph
- Billionaire Crypto Investor Hits Out at Trump Family’s World Liberty Financial Firm The New York Times
- Trump family crypto project breaks with key founder Axios
- World Liberty blacklists Justin Sun wallet after Tron founder moves $9 million in WLFI tokens The Block
- Top Trump crypto backer Justin Sun says his World Liberty tokens 'unreasonably' frozen Reuters
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