Eric Trump announced the launch of American Bitcoin, a new mining company founded with support from Hut 8 and focused on expanding US-based Bitcoin production.
A legendary Bitcoin whale has opened a $30M long on Ethereum with 5x leverage, signaling renewed confidence in ETH after a massive BTC to ETH rotation.
Eric Trump says Bitcoin is outpacing the old system, citing debanking, ETF adoption, tokenization of assets, and a long-term target of $1 million per BTC.
VanEck’s CEO cautioned that future quantum technology could compromise Bitcoin, while noting that some early BTC supporters are shifting focus to Zcash for privacy.