FMG August W3 Update: Bitcoin Pulls Back📉 This week, higher-than-expected PPI data increased macroeconomic uncertainty, causing Bitcoin to undergo a “healthy” pullback, while Ethereum performed strongly. We also discussed the evolution of the Ethereum Layer-2 ecosystem,

Still not over that night. Pure bliss. Pure energy. Singapore’s vibe was next-level, truly ENL1GHTed ⚡ We turned Pasir Panjang Power Station into a realm of light and sound with a full house of dreamers, dancers, and believers moving as one. 🙌

Hack the Intelligence: Transform on BNB Chain Demo Day ignited the stage with next-gen builders pushing the frontier of AI × Web3. Hosted by @499_DAO with strong support from @BNBChain, the event gathered global builders, AI engineers, and Web3 pioneers exploring the next

Hello Singapore 🇸🇬 We are supporting @RaveDAO to hold #ENL1GHT Singapore 🪩⚡ Powered by @DCS_DeCard also supporting with @BNBCHAIN and OKX @wallet ⚡ Featuring Vintage Culture (DJ Top #9), MORTEN (Future Rave creator with @davidguetta ), and Chris Avantgarde (Afterlife icon

🚨 𝗚𝗔 𝗪𝗮𝘃𝗲 1 𝗦𝗢𝗟𝗗 𝗢𝗨𝗧! 🔥 𝗚𝗔 𝗪𝗮𝘃𝗲 2 𝗻𝗼𝘄 𝗼𝗻 𝘀𝗮𝗹𝗲, 𝗱𝗼𝗻’𝘁 𝘀𝗹𝗲𝗲𝗽! We got three Tomorrowland icons landing in SG before GTA 6 💥 bringing the coolest EDM festival of F1 week, featuring a Tomorrowland-level lineup: @VintageCulture @MORTENofficial

💡What happens when traditional value meets on-chain infrastructure? The RWA pulse is reshaping global markets on 'The Realized HK RWA Summit' — don’t miss the panel: "The Future of Tokenized Assets: Compliance, Stablecoins, and AI-Driven Financial Innovation" 🧠 MOD: Alma Li,

🌐 Unveiling the full speaker lineup for 'The Realized HK RWA Summit'! 🔗 https://t.co/2C5mCScw8g ​RWA Pulse: Innovate, Integrate, Elevate From global trends, regulatory frameworks, technological innovation, and institutional participation, the future of real-world finance is

We are here in HK🇭🇰📷 Just had an amazing time to Panel: "A New OS for the Real World" at @ExpoDePIN 2025! Thrilled to meet so many brilliant thinkers in #DePIN and #Web3. The passion and insights here made it an unforgettable experience! #HongKong #BitcoinAsia2025

🎉4️⃣days left until the grand opening of DePIN Expo 2025 @ExpoDePIN ! 📅Date: August 27–28, 2025 📍Venue: Cyberport, Hong Kong 🔗Registration: https://t.co/uKruNvtae2 🌟Don’t miss this grand event! The event is hosted by CGV @CGVFOF and DeMall @demallai , executive hosted by

Major Industry News M&A and Growth: LayerZero Foundation proposed acquiring Stargate (STG) to integrate cross-chain infrastructure; Pendle’s TVL surged ~70% over the past month to $9.2B. New L1s & Fintech: Avalanche partnered with Dinari to launch a new Layer-1 focused on

Evolution of the Ethereum L2 Ecosystem Pressure on L2s: As Ethereum mainnet becomes cheaper and Base gains market share, most general-purpose Layer-2s face declining revenues and shrinking on-chain activity share. Specialization Trend: Mantle is focusing on RWA infrastructure

Macro Market & Asset Performance Macro Factors: Higher-than-expected Producer Price Index (PPI) data reset rate-cut expectations, with the probability of a September rate cut dropping from 97% to 84.5%. This led to Bitcoin retracing from around $124,000 to $115,000, which is

Sustainability of Ethereum’s Break Above $4K Breakout Context: This is Ethereum’s third break above $4K since early 2024, this time supported by stronger drivers such as institutional adoption, futures activity, the Dencun upgrade, and spot ETF approval. Derivatives vs. Spot

Regulatory Policy U.S. Pro-Crypto Policies: Trump signed two executive orders allowing 401(k) investments in alternative assets (including crypto) and instructing regulators to prevent banks from closing accounts based on cryptocurrency, political, or religious grounds.

Derivatives Market Trends & Leverage Dynamics Basis Rebound: 3-month basis for Bitcoin and Ethereum rebounded to around 9.5% and 8.5% respectively, indicating leverage is returning after last week’s position unwinding. Ethereum Options Demand: Strong demand for ETH >$4K naked

Ethereum’s Strong Performance & Key Drivers Price Surge: Ethereum rose nearly 26% to around $4.6K, outperforming Bitcoin and other major crypto assets. Bullish Options Market: Option positions remain bullish, with increased activity in December calls and call spreads, signaling

Market Overview & Bitcoin Performance Bitcoin Price Rise: Bitcoin traded at $120.6K, up about 5.4% on the week, supported by pro-crypto executive orders and favorable remarks from U.S. regulators (SEC, CFTC). Fed Policy Outlook: September rate-cut probability rose to 86%,

Summary U.S. crypto-friendly policies, the Fed’s dovish stance, and strong Q2 earnings jointly drove Bitcoin above $120,000, while Ethereum surged nearly 25% to around $4,300. Ethereum’s breakthrough above $4,000 was fueled by institutional inflows, derivatives position

FMG August Update&Recap: We Beat the Market 📈 Monthly Highlights: Secondary Market Portfolio Return: +21.87% Over the past month, market sentiment has gradually warmed. Thanks to patient positioning in earlier stages and strict risk management, our secondary market portfolio