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In a move that’s capturing the world’s attention, U.S. President Donald Trump and Russian President Vladimir Putin are set to meet in Alaska on Friday, August 15, 2025. The summit comes with high stakes—it coincides with Trump’s self-declared deadline for Russia to agree to a ceasefire in Ukraine or face tougher U.S. sanctions. While Trump has confirmed the meeting will take place in “the Great State of Alaska,” the exact city and venue remain under wraps. Still, the symbolism is hard to miss: this will be the first in-person meeting between the two leaders on U.S. soil, and notably, Putin’s first visit to Alaska—a state with deep historical ties to Russia before it was sold to America in 1867. The Mission: Ending the War in Ukraine The primary focus of the talks will be finding a path toward ending Russia’s war in Ukraine. Negotiations are expected to revolve around a ceasefire framework and possible peace deal terms. Trump has positioned himself as a dealmaker capable of brokering an agreement, but the road ahead is politically fraught. Ukrainian President Volodymyr Zelenskyy has already made it clear: any deal must respect Ukraine’s territorial integrity, and no agreement should be made without Kyiv’s direct participation. This warning underscores tensions over whether a U.S.–Russia-led deal could sideline Ukraine’s interests. Global Reactions and Stakes Internationally, the summit has sparked both hope and skepticism. European allies are watching closely, wary of concessions that could embolden Moscow. Critics argue that holding the meeting without broader allied coordination risks fracturing the united Western stance on Ukraine. Supporters, however, see this as a rare opening for direct dialogue that might stop the bloodshed. Why Alaska? The choice of Alaska is as symbolic as it is strategic. Geographically, it’s the closest U.S. state to Russia, and historically, it’s a reminder of the two nations’ intertwined past. Hosting the summit here may be Trump’s way of signaling both practicality and historic resonance. With just days to go before the meeting, the world will be watching not just for handshakes and photo ops, but for concrete steps toward ending one of the most consequential conflicts of the century. Whether this Alaska summit becomes a turning point—or just another high-profile political theater—will depend on what’s agreed behind closed doors.

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Bitcoin News Today: Bitcoin Eyes $117K CME Gap Fill as CPI, PPI Data Set the Macro Tone Key Takeaways BTC hit $122,312 before retracing, with traders eyeing a $117K–$119K CME fees gap as a potential short-term pullback target. Leverage-to-spot ratio at multi-year lows signals rally is being driven by spot demand, not excessive leverage. U.S. CPI and PPI data this week will shape Fed rate cut odds for September, currently near 90%. Whales show no major signs of profit-taking, while Coinbase Premium Index turning negative raises short-term caution. BTC Starts the Week Near All-Time Highs Bitcoin opened the new week with a surge to $122,312, its highest since the current bull leg began, before easing back to around $121,250. The move liquidated over $100 million in shorts and pushed BTC closer to all-time highs, though analysts warn of potential consolidation. Traders are closely watching a weekend CME gap between $117,000 and $119,000 — a range where Bitcoin futures stopped trading Friday and reopened higher Monday. Historically, such gaps are often “filled” as spot prices revisit the range within days. A full gap fill would align with the key $117,200 support/resistance flip zone, described by analyst Rekt Capital as decisive for BTC’s broader trend. Spot Demand Dominates as Leverage Stays Low Despite the sharp move, futures-to-spot ratios are near their lowest since the 2022 bear market bottom, according to trader BitBull. This suggests the rally is spot demand–driven, reducing the risk of a leverage wipeout. “That’s a rare signal,” BitBull said, adding that spot buying tends to hold through volatility, potentially supporting further upside once macro catalysts play out. Macro Focus: CPI and PPI in Spotlight This week brings U.S. CPI (Tuesday) and PPI (Friday) — data releases likely to influence the Federal Reserve’s September policy decision. Economists expect core CPI to rise 0.3% month-over-month in July, up from 0.2% in June, as tariffs push prices higher. Markets currently price a 90% probability of a September rate cut, up from 57% a month ago, according to CME FedWatch data. A cooler-than-expected CPI print could lock in those expectations and boost risk assets, while a hotter print might trigger short-term selling in BTC. On-Chain Signals: Whales Stay Put CryptoQuant data shows that large $10M+ USDT transfers — often a signal of profit-taking — are absent. In July, similar spikes preceded BTC pullbacks of 3.8%–4.5%, but current readings suggest whales are not cashing out into stablecoins. If Bitcoin holds above $120K, bulls may push for new highs before month-end. A dip toward $117K–$119K to fill the CME gap could reset market structure before another leg up, especially if macro data supports risk appetite,