KindlyMD launched a $5 billion at-the-market equity program to fund its Bitcoin treasury and corporate growth after merging with Nakamoto Holdings; the move follows a confirmed purchase of 5,744 BTC
Boros has announced the addition of new Binance contracts maturing on December 26, 2025 for BTCUSDT and ETHUSDT. Initial fund parameters set maximum leverage at 2x, with OI Caps of
Solana surges by 3% to $211 amid Alpenglow update interest. Alpenglow aims to reduce block validation from 12.8 seconds to 150 milliseconds. Continue Reading: Solana Soars: How Alpenglow Update Boosts Transaction Speed The post Solana Soars: How Alpenglow Update Boosts Transaction Speed appeared first on COINTURK NEWS .
BitcoinWorld American Bitcoin Unveils Historic Nasdaq Listing Plans The cryptocurrency world is buzzing with significant news! American Bitcoin , a prominent mining firm, is making headlines with its ambitious plan to list on the Nasdaq stock exchange. This pivotal move, backed by the two sons of former U.S. President Donald Trump, Eric Trump and Donald Trump Jr., aims for an early September debut, according to a Reuters report. This development signals a major step for a crypto mining company entering traditional financial markets. What is American Bitcoin and Its Nasdaq Journey? American Bitcoin is not just another mining operation. Founded by Eric Trump, in collaboration with established Bitcoin miner Hut8, the company has set its sights on a public listing to expand its reach and capital. The path to Nasdaq involves a strategic merger with Gryphon Digital, another significant player in the digital asset space. Upon completion of this merger, the combined entity will trade under the familiar ticker symbol ABTC. Importantly, the company will retain its current name, American Bitcoin , maintaining its brand identity. This structure will see President Trump’s sons and Hut8 jointly owning a substantial 98% of the company, highlighting their significant commitment and belief in its future. Why is a Nasdaq Listing Significant for American Bitcoin? A Nasdaq listing is a monumental achievement for any company, especially one in the dynamic cryptocurrency sector. For American Bitcoin , it means increased visibility, enhanced credibility, and access to a broader pool of institutional and retail investors. This move could potentially unlock significant capital for further expansion, technological upgrades, and operational scaling. Listing on a major exchange like Nasdaq also subjects the company to rigorous regulatory scrutiny and reporting standards. This can instill greater confidence among investors, signaling a commitment to transparency and sound corporate governance. It further legitimizes the crypto mining industry within mainstream finance, bridging the gap between digital assets and traditional investment opportunities. Future Horizons: Expansion and Potential Acquisitions for American Bitcoin The ambitions of American Bitcoin extend beyond just a Nasdaq listing. The Financial Times (FT) previously reported that the company was actively exploring the acquisition of a Bitcoin-related firm in Asia. This strategic interest indicates a global vision for expansion and a desire to diversify its operations and market presence. Such an acquisition could provide access to new markets, technology, or mining resources, further solidifying its position in the competitive crypto landscape. However, navigating international acquisitions and integrating new operations comes with its own set of challenges. Market volatility, regulatory differences across regions, and the complexities of mergers and acquisitions are all factors that American Bitcoin will need to manage carefully. Their ability to successfully execute these plans will be key to their long-term growth. Investor Interest and the Road Ahead for American Bitcoin The involvement of Donald Trump’s sons naturally brings a unique level of public and media attention to American Bitcoin . This high profile could attract significant investor interest, but it also means the company will operate under intense scrutiny. Investors will closely watch its performance, particularly its ability to navigate the volatile crypto market and deliver on its growth strategies. The early September target for the Nasdaq listing is fast approaching. All eyes will be on ABTC as it prepares to make its debut. This event could serve as a bellwether for other crypto-related companies considering similar moves, potentially paving the way for more digital asset firms to enter traditional public markets. The journey of American Bitcoin is certainly one to follow closely. In conclusion, American Bitcoin ‘s impending Nasdaq listing, backed by the Trump sons and a strategic merger with Gryphon Digital, marks a significant milestone. This move promises enhanced visibility, access to capital, and increased legitimacy for the crypto mining sector. While challenges remain, the company’s ambitious plans for expansion and potential acquisitions suggest a forward-looking approach that could reshape its future in the digital economy. This is a truly transformative moment for the crypto industry. Frequently Asked Questions (FAQs) What is American Bitcoin? American Bitcoin is a cryptocurrency mining firm co-founded by Eric Trump and Bitcoin miner Hut8, which is targeting a Nasdaq listing. Who are the key figures behind American Bitcoin’s Nasdaq bid? The company is notably backed by Eric Trump and Donald Trump Jr., sons of former U.S. President Donald Trump, along with Bitcoin miner Hut8. What is the significance of American Bitcoin’s Nasdaq listing? The Nasdaq listing offers American Bitcoin increased visibility, enhanced credibility, and access to a broader investor base, legitimizing the crypto mining sector in traditional finance. What role does Gryphon Digital play in this listing? American Bitcoin plans to merge with mining firm Gryphon Digital as part of its strategy to list on the Nasdaq exchange. What are American Bitcoin’s future expansion plans? Beyond the Nasdaq listing, American Bitcoin has reportedly considered acquiring a Bitcoin-related firm in Asia, indicating a global expansion strategy. Did you find this article insightful? Share this exciting news about American Bitcoin ‘s Nasdaq journey with your network on social media and spark a conversation about the future of crypto in traditional finance! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption. This post American Bitcoin Unveils Historic Nasdaq Listing Plans first appeared on BitcoinWorld and is written by Editorial Team
Dwayne "The Rock" Johnson, the WWE wrestler-turned-actor, has surpassed former U.S. Vice President Kamala Harris as the leading Democratic contender for the 2028 presidential race on the decentralized betting platform Polymarket . As of now, shares betting "yes" on Johnson's victory are trading at 7 cents, implying a 7% chance of the multi-millionaire actor winning the nomination. This places him fourth in the race, behind Gavin Newsom, Alexandria Ocasio-Cortez, and Pete Buttigieg. Meanwhile, traders priced in a 5% probability of Harris winning the bid, placing her in the 5th spot alongside Andy Beshear. Traders also see 1% chance of Tim Waltz, Michelle Obama and Mark Cuban emerging victorious. Polymarket is a decentralized prediction market platform that enables users to speculate on the outcome of real-world events, such as elections and asset price movements, by trading shares representing different outcomes. The betting platform announced Tuesday that it has secured an investment from venture capital firm 1789 Capital and Donald Trump Jr , son of the U.S. President, as a member of its advisory board. I was asked to run for President In 2023, Johnson disclosed that multiple parties approached him too see if he would run for U.S. President after a poll showed that 46% of Americans would support his run in the White House. "That was an interesting poll that happened and I was really moved by that," Johnson said. "I was really blown away and I was really honored. I'll share this little bit with you: at the end of the year in 2022, I got a visit from the parties asking me if I was going to run, and if I could run," Johnson said on Trevor Noah's new Spotify podcast, What Now? The Rock, who has described himself as a centrist and political independent, endorsed Joe Biden in the lead-up to the 2020 election but refused to do the same last year. The actor is not only a Hollywood superstar but also a social media marketing powerhouse, boasting 392 million followers on Instagram. His pro-wrestling career showcased unmatched "promo skills," which could come in handy if he decides to pursue a political campaign. Read more: Donald Trump Jr.'s 1789 Capital Takes Stake in Prediction Market Polymarket
American Bitcoin, the Bitcoin mining company backed by US President Donald Trump’s two sons, is preparing to begin trading on the Nasdaq in early September after finalizing a merger with Gryphon Digital Mining. The company has secured both crypto-focused and traditional institutional investors for the all-stock deal, Asher Genoot, CEO of Hut 8, which owns 80% cent of American Bitcoin, told Reuters in an interview. Anchor shareholders have already been lined up to support the debut. Once the merger is completed, American Bitcoin will retain its name and trade under the ticker ABTC. JUST IN: Eric Trump and Donald Trump Jr. backed American Bitcoin to start soon trading on the Nasdaq – Reuters #Bitcoin is taking over Wall Street pic.twitter.com/GDrLqvjM3q — Bitcoin Magazine (@BitcoinMagazine) August 28, 2025 Trump Brothers and Hut 8 Retain Near-Total Control of American Bitcoin After Merger Co-founders Eric Trump and Donald Trump Jr, together with Hut 8, will hold a combined 98% of the entity. Genoot told Reuters that the team opted for a merger rather than a direct listing. He said the route gave the company better access to financing by leveraging an existing business already connected to capital markets. American Bitcoin has been exploring acquisitions in Hong Kong and Japan to expand its footprint, the Financial Times reported earlier this month. Genoot confirmed that the company is actively assessing opportunities in Asia, with the aim of giving investors broader access to bitcoin-linked assets beyond the US. He said that while discussions are under way, no firm commitments have been made. The focus, he added, is to create options for investors who cannot directly buy Nasdaq-listed crypto stocks due to local restrictions. American Bitcoin Born From Hut 8’s Strategic Shift Into Infrastructure Founded earlier this year, American Bitcoin emerged from Hut 8’s pivot away from pure crypto mining into energy infrastructure and data centres. The new venture, created in partnership with the Trump brothers, is now positioning itself as a global bitcoin miner with ambitions to expand through acquisitions and partnerships. The strategy has been described as mirroring the approach of large US-listed bitcoin firms that use equity financing and mergers to accelerate growth. Genoot said the goal is to build a vehicle that can appeal to both institutional investors and retail traders looking for exposure to bitcoin through regulated exchanges. The post Trump Family-Linked Crypto Miner American Bitcoin Eyes September Trading Debut: Report appeared first on Cryptonews .
The Defi Education Fund and 111 institutions sent a letter to Congress requesting explicit protections for blockchain developers in upcoming regulations. The coalition stressed that without these protections, it “cannot support a market-structure bill.” 112-Institution Defi Coalition Pushes Congress for Blockchain Development Protections Institutions are taking action to ensure the future of blockchain development in
COINOTAG reported on August 28, citing on‑chain analyst Ai Auntie, that as ETH rebounded the address labeled “Long ETH with $125k Liquidation” reopened and fully reloaded its exposure. Two addresses
Philippine senator has proposed putting the country’s entire national budget on a blockchain. The plan would expand an existing government platform that already uses Polygon to track documents. The goal is to create real-time transparency and accountability for all government spending. Philippine Senator Bam Aquino wants to put the country’s entire national budget on a blockchain. Speaking at the Manila Tech Summit, he said a blockchain-based system would make every single peso spent traceable in real time. While he admits the political support is uncertain, the move would be a bold step, potentially making the Philippines the first nation to move its entire budget on-chain. Senator Bam Aquino has proposed putting the Philippine national budget on-chain, making every peso traceable. The Philippines could become the first country with a blockchain-powered budget. More News https://t.co/gqMtXPHq4z #CryptoNews #blockchainnews #Coinedition pic.twitter.com/xYzEK9tz8N — Coin Edition: Your Crypto News Edge (@CoinEdition) August 28, 2025 Is the Philippine Government Already Using Blockchain? Yes, this proposal builds on a system that is already live. Th… The post Philippines’ Plan to Making Every Peso Traceable; Put National Budget On-Chain appeared first on Coin Edition .
More than 70% of traders who bought into Kanye West’s Solana-based memecoin YZY ended up in the red, according to blockchain analytics firm Bubblemaps. Key Takeaways: Over 73% of YZY token holders lost money, with $74.8 million in collective losses. Nearly 30% of total profits went to just 11 wallets, raising concerns about insider trading. Bubblemaps flagged sniping and manipulation tactics, while West later denied involvement. Of the 70,201 wallets that traded the YZY token, 51,862, or 73.8%, recorded losses, totaling nearly $74.8 million, the platform revealed in a Wednesday post on X . Over 1,000 wallets lost more than $10,000 each. Few YZY Traders Profited as Gains Concentrated in Top Wallets In contrast, only 18,333 wallets saw profits, but the gains were unevenly distributed. Most profiting wallets made less than $1,000, while 11 wallet addresses alone captured nearly 30% of total profits, which amounted to $66.6 million in gains across all winning wallets. YZY, short for Yeezy Money, was launched last Wednesday with heavy promotion from West’s official website and social channels. Marketed as a way to put users in control of their finances, the token quickly lost steam. Within hours of launch, YZY’s price crashed nearly 70% , sparking accusations of manipulation. Bubblemaps highlighted suspicious activity including sniping, a tactic where bots acquire large portions of a token’s supply seconds after launch. One wallet identified as belonging to a trader known as “Naseem”, previously linked to Trump’s DJT memecoin profits, was flagged as YZY’s first investor. Another key figure named by Bubblemaps was Hayden Davis, a serial participant in high-profile token launches. Davis allegedly earned $12 million sniping YZY. He had previously been involved with Libra and other coins that collapsed shortly after release. “The playbook is simple: Infiltrate big launches, get in early, and extract millions,” Bubblemaps wrote in a post on X. “It’s happening in plain sight, and no one is stopping it.” The past week truly exposed the failures of our industry Despite our collective efforts as investigators, builders, and communities – the same names keep running the same scams The playbook is simple: Infiltrate big launches, get in early, and extract millions It’s happening… — Bubblemaps (@bubblemaps) August 27, 2025 Notably, West had previously distanced himself from the memecoin trend, saying such tokens “prey on the fans with hype.” Kanye West Denies Involvement in YZY Token, Cites Hacked Account On Wednesday, West denied involvement in the YZY-themed memecoin , stating his Instagram account was compromised. The claim was posted on West’s X (formerly known as Twitter) on August 26, in which he wrote: “My Instagram has been hacked and it’s following a fake coin…The official project is @YZY_MNY.” He went on to promote a different project, accompanied by a new Solana wallet address. No further details were provided on how the alleged compromise occurred or who may have been behind the original launch. The situation adds to a growing number of celebrity-linked crypto controversies in 2024 and 2025, raising ongoing questions about how memecoins are launched, endorsed, and sold across platforms with limited oversight. Meanwhile, West’s YZY token appears to have set the record for the fastest collapse , losing 90% of its value in just one day, despite reaching a $3 billion market cap. The post 74% of Kanye West’s YZY Investors Lost Money, Bubblemaps Reveals appeared first on Cryptonews .