BTC ▲0.73% is back above $110K, trading around $110,300 after dipping as low as $107K yesterday. The bounce comes even as both Bitcoin and Ethereum spot ETFs showed outflows, keeping the overall market cautious. On September 1, crypto ETFs saw strong outflows.
(Source: BTCUSDT)
Bitcoin ETFs lost 631 BTC ($68.8M), mostly from VanEck (627 BTC), now holding 16,780 BTC ($1.83B). Ethereum ETFs shed 4,319 ETH ($19M), led by Bitwise’s 5,467 ETH ($24.1M) sale, though it still holds 130,701 ETH ($575M).
Still, with BTC reclaiming a key level, many traders are now asking if WLFI could be the next crypto to explode.
EXPLORE: 20+ Next Crypto to Explode in 2025
WLFI had a crazy 24 hours. After a heavy sell-off, the token has bounced +17% from the bottom. But the dump was brutal: more money was liquidated on WLFI than even on Bitcoin. The drama started when its supposed circulating supply of 5B tokens suddenly turned into 24B: meaning WLFI dropped five times more tokens on launch than promised.
That triggered big liquidations. Andrew Tate reportedly got wiped for $190K, while Justin Sun unlocked $178M worth of WLFI as part of his 20% unlock. His total bag? Around $891M.
MORE MONEY HAS BEEN LIQUIDATED ON WLFI THAN BTC pic.twitter.com/4apFKcrpXX
— Mario Nawfal’s Roundtable (@RoundtableSpace) September 1, 2025
By launching WLFI through their World Liberty project, the family’s net worth reportedly jumped by about $5B overnight. Trump’s three sons are listed as co-founders, while Donald Trump himself is named “honorary co-founder.” The family holds under 25% of WLFI, making the token now likely their single most valuable asset: even surpassing their real estate empire.
DISCOVER: WLFI Crypto: Another Trump Token Launch, Justin Sun Cashes In
Meanwhile, the Trump token family isn’t looking good:
On-chain flows show whales moving into random plays, with top inflows yesterday going into tokens like USELESS, ME, LAUNCHCOIN, JELLYJELLY, and TROLL.
Bitcoin reclaiming $110K gives bulls some hope, but the market is still fragile. WLFI’s sharp bounce is catching attention, but with messy tokenomics, whale dominance, and endless drama, it’s risky.
Traders are left wondering: is WLFI really the next crypto to explode, or just another short-lived pump?
Stay tuned to our real-time updates below.
Michael Saylor’s company, Strategy (MicroStrategy), could join the S&P 500 as early as Friday, potentially triggering billions in passive fund buying tied to Bitcoin exposure. The firm now meets the index criteria, and if approved, it would become the first Bitcoin-treasury company in the S&P 500. UPDATE: Michael Saylor's STRATEGY could join the S&P500 as early as this Friday. Passive index funds would be forced to buy billions in Bitcoin exposure. — Bitcoin Archive (@BTC_Archive) September 1, 2025 Such a move could bring new buying pressure from index funds and ETFs, enhance visibility and legitimacy for Bitcoin, and improve liquidity with a broader investor base. Analysts say this could also pave the way for other Bitcoin-focused companies to follow, expanding cryptocurrency’s footprint in traditional finance. Michael Saylor’s Strategy (MicroStrategy) could be added to the S&P 500 as early as this Friday, potentially leading index funds to allocate billions into Bitcoin exposure. This would make it the first Bitcoin-treasury company in the index, marking a significant step for mainstream adoption. At the same time, Bitcoin Hyper (HYPER) is progressing as the first Bitcoin Layer 2 solution, designed to improve Bitcoin’s slow transaction speeds and high fees. Its presale has raised over $13.5 million, with tokens priced at $0.012845 and offering 81% staking APY over two years. The network uses the Solana Virtual Machine and a Canonical Bitcoin Bridge to enable instant, low-cost transfers suitable for payments, DeFi, and dApps. With institutional demand growing and scaling solutions emerging, Bitcoin may soon see both wider use and improved efficiency. US manufacturing is saved! Or at least that’s what crypto investors are waiting to find out as markets brace for a pivotal Tuesday and fresh manufacturing PMI data, as new US economic data could shape the next leg of financial and crypto market sentiment. The spotlight will be on the Manufacturing PMI (forecast: 53.3, previous: 49.8) at 9:45 AM ET, followed by the ISM Manufacturing PMI (forecast: 48.9, previous: 48.0) at 10:00 AM ET. Manufacturing is the only part of the economy that matters: wealth creation comes from value-added manufacturing. Services only exist to support manufacturing. Does the manufacturing PMI point to a September Fed Rate cut? Read The Full Article Here Blockchain data from BSC indicates that a significant Venus protocol account (0x56…2008) was likely compromised, involving over $27 million. Security firm PeckShield reports that the user may have fallen victim to a phishing attack, unknowingly granting approval to the attacker’s address. This allowed the malicious actor to transfer the funds from the account. Crypto project Dolomite tumbled as DOLO price plunged nearly -37% in 24 hours, shocking traders who expected sustained momentum after a major exchange listing and early hype-driven demand. DOLO coin gained momentum from airdrop campaigns and high-profile Binance and Coinbase listings. But volatility and whale profit-taking quickly flipped sentiment, leaving Dolomite crypto retail investors scrambling for direction. Read The Full Article Here Mastercard sees crypto primarily as a tool for payments, not a financial revolution, according to Christian Rau, the company’s Head of Crypto for Europe. He emphasized Mastercard’s focus on “safe and compliant payments” while acknowledging that stablecoins could streamline cross-border transactions—but cannot replace existing financial safeguards. While the company currently has no public plans to launch its own blockchain, Rau left the door open for the possibility in the future. Michael Saylor’s Strategy Eyes S&P 500 Inclusion This Week – It Could Be Huge For Bitcoin
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Saylor’s Strategy Eyes S&P 500 as Bitcoin Hyper Presale Crosses $13M
Fed Rate Cut in September? What US Manufacturing PMI Data Really Signals
$27 Million Venus Account Breach Linked to Phishing Attack
Is DOLO Crypto Finished? Dolomite Price Crashes -37% Post-Launch – Here’s Why
Mastercard Views Crypto as a Payment Tool, Not a Revolution
The post Crypto News Today, September 2 – Bitcoin Again Above $110K And WLFI Crypto Price Recovers +17% From The Bottom: Next Crypto To Explode? appeared first on 99Bitcoins.
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