Ethereum Gaming Network XAI Sues Elon Musk’s xAI Over Trademark Infringement

Ex Populus, the Delaware corporation behind Ethereum’s blockchain-powered gaming network Xai, has filed a federal trademark infringement lawsuit against Elon Musk’s artificial intelligence company xAI over marketplace confusion between Ex Populus’s XAI trademark and Musk’s xAI company.
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VanEck Maintains $180K Bitcoin Forecast as CME Basis Rates Hit 9% Peak

Investment firm VanEck reaffirms $180,000 year-end Bitcoin price target despite recent market volatility as CME basis funding rates surge to 9% highest level since February 2025, while institutional demand remains robust with exchange-traded products purchasing 54,000 BTC and Digital Asset Treasuries adding 72,000 BTC in July alone.
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Rising Fed Rate Cut Chatter May Be Risky for Crypto, Santiment Warns

Crypto intelligence platform Santiment cautions that optimism surrounding potential Federal Reserve rate cuts and anticipated crypto rally dominance could present significant risks for investors as discussion around “Fed,” “rate,” and “cut” across social media platforms has reached 11-month peak suggesting excessive euphoria levels.
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