American Bitcoin (ABTC), the publicly traded Bitcoin treasury and mining company backed by Eric Trump and Donald Trump Jr., has added 1,414 Bitcoin currently worth $163 million to its holdings, according to an announcement on Monday. Miami, Florida-based American Bitcoin, a subsidiary of Hut 8 Corp. that debuted in April, now has 3,865 Bitcoin worth
Finbold turned to artificial intelligence (AI) to project an average Bitcoin (BTC) price target for the end of 2025 following the news that Mt. Gox, a defunct cryptocurrency exchange, would postpone repayments to its creditors by another year. Entities associated with Mt. Gox still control around 34,689 BTC, valued at around $3.98 billion as of
Bitcoin (BTC), Ethereum (ETH), and other leading cryptocurrencies extend their gains on Monday following a positive weekend. Bitcoin added over 3% to its value in the last 24 hours to briefly hit the $116k mark earlier today. The positive performance comes amid improving market sentiment, with top analysts now expecting further gains in the coming
Digital asset lender Ledn has reported a record quarter for its Bitcoin-backed credit products, as more investors chose to borrow against their holdings amid the ongoing crypto bull market. The company originated $392 million in Bitcoin (BTC)-backed loans during the third quarter, pushing year-to-date originations past $1 billion. Since its inception, Ledn has issued more
The cryptocurrency world is buzzing with a significant forecast from a major financial institution. The Standard Chartered bank, through its crypto research analyst Geoffrey Kendrick, has made a bold statement regarding the future trajectory of the Bitcoin price. Kendrick suggests that Bitcoin might never again dip below the crucial $100,000 mark, provided the market maintains
The health sciences company Prenetics Global Limited has announced an oversubscribed $48 million public equity offering, potentially reaching $216 million in total proceeds through warrant exercises, to fuel the global growth of its wellness brand IM8 and advance its bitcoin treasury initiative. Prenetics Raises $48M to Fuel IM8 Growth and Bitcoin Treasury Push The Prenetics
Spot gold tripped the $4,000 wire and landed at $3,991 per troy ounce, while silver parked at $46.47—two high-flyers finally catching their breath after brushing record altitudes. Gold Dips to $3,991; Silver Steadies Around $46 Gold’s dip below the big round number came as U.S.-China trade chatter brightened and equities put on a sunnier face,
Key Takeaways American Bitcoin Corp (ABTC) has increased its Bitcoin holdings via a strategic acquisition. A recent merger with a digital mining firm enables ABTC to integrate mining and reserve-building activities. American Bitcoin Corp (ABTC), a publicly traded Bitcoin mining and accumulation platform co-founded by Eric Trump, has expanded its corporate Bitcoin holdings to 3,865
While institutional interest in XRP continues to increase day by day, the latest news came from a company called Evernorth Holdings. As you may recall, Evernorth, a new cryptocurrency startup backed by Ripple, recently announced that it plans to raise over $1 billion to create the largest publicly traded XRP treasury. With the support of