🔽 Eric Trump Wipes Out $600M on American Bitcoin Collapse
Eric Trump reportedly lost nearly $600 million amid the sharp downturn in American Bitcoin’s share value, Bloomberg reveals. The stock, listed on Nasdaq, recently hit a record low following the company’s public debut.
At its peak, Trump’s stake was valued at over $600 million. However, after the price plunge and a reverse stock split, the holding’s value fell to approximately $28 million.
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Eric Trump reportedly lost nearly $600 million amid the sharp downturn in American Bitcoin’s share value, Bloomberg reveals. The stock, listed on Nasdaq, recently hit a record low following the company’s public debut.
At its peak, Trump’s stake was valued at over $600 million. However, after the price plunge and a reverse stock split, the holding’s value fell to approximately $28 million.
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Ethereum dropped sharply from $2,500 to $1,750, while gold nearly doubled in value. Around the same time, cocoa prices skyrocketed over 200%—yet alternative assets such as Pokémon cards, LEGO sets, and Air Jordan sneakers delivered even stronger returns.
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Every time your paycheck lands, there’s a quiet truth lurking beneath: someone, somewhere, is earning more—using the same skills you already have.
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Stripe and Advent are reportedly in talks to acquire PayPal $PYPL for $53 billion.
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South Korea plans to include cryptocurrency under its new state asset management legislation 🏛️
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👩🍳 SEC and Hyperliquid Explore the Future of U.S. Crypto Regulation
Representatives from the SEC held discussions with the Hyperliquid Policy Center and Sullivan & Cromwell LLP to examine the evolving landscape of cryptocurrency regulation in the United States.
The conversation focused on regulatory strategies for digital assets, the growth of decentralized finance (DeFi), and possible frameworks for crypto platforms operating within the U.S.
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Representatives from the SEC held discussions with the Hyperliquid Policy Center and Sullivan & Cromwell LLP to examine the evolving landscape of cryptocurrency regulation in the United States.
The conversation focused on regulatory strategies for digital assets, the growth of decentralized finance (DeFi), and possible frameworks for crypto platforms operating within the U.S.
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US moves forward with plans to construct an oil pipeline from Iraq to Syria, aiming to bypass the Strait of Hormuz.
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Binance.US is making a comeback after two years offline, with ambitions to capture 20% of the U.S. market. CEO Steven Gregory unveiled ultra-low trading fees: 0% for makers and just 0.02% for takers.
The relaunch includes plans to secure licenses for derivatives, perpetual contracts, and prediction markets.
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The relaunch includes plans to secure licenses for derivatives, perpetual contracts, and prediction markets.
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US Treasury seizes over $130M in cryptocurrency from wallets tied to Iran’s central bank
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U.S. Strategic Petroleum Reserve drops to its lowest level in nearly 40 years.
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JPMorgan, Goldman Sachs, BlackRock, Vanguard, and the NYSE are set to take part in a groundbreaking trial to tokenize U.S. stocks and Treasuries.
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About 32% of the world’s largest banks are already engaged with Bitcoin and digital assets.
The new Bitcoin Bank Adoption Index, released by the president of Strategy, signals that institutional capital is flowing in — but the true shift of traditional banking toward BTC is only just getting started.
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The new Bitcoin Bank Adoption Index, released by the president of Strategy, signals that institutional capital is flowing in — but the true shift of traditional banking toward BTC is only just getting started.
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Trump is set to meet with senators today to discuss the Crypto Clarity Act.
The focus will be on reaching consensus regarding the provision limiting senior officials’ personal involvement in cryptocurrency-related businesses. Democrats are pushing to extend these restrictions to include the president, vice president, and members of Congress.
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The focus will be on reaching consensus regarding the provision limiting senior officials’ personal involvement in cryptocurrency-related businesses. Democrats are pushing to extend these restrictions to include the president, vice president, and members of Congress.
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U.S. debt has now surpassed 99% of GDP — the first time since World War II.
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OpenAI has officially unveiled its first hardware device — a dedicated keyboard designed to control AI agents like Codex.
Priced at $240, the gadget lets you quickly approve or reject AI-generated actions, switch between modes, and monitor status using intuitive color-coded indicators.
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Priced at $240, the gadget lets you quickly approve or reject AI-generated actions, switch between modes, and monitor status using intuitive color-coded indicators.
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A $1 gold coin featuring Trump will be minted to commemorate the 250th anniversary of U.S. independence.
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