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
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
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 .
Bitcoin Hong Kong 2026 is a two-day Bitcoin conference organized by BTC Inc., scheduled for August 27–28, 2026 in Hong Kong. The event follows record attendance at Bitcoin Asia 2025
TL;DR Bitcoin’s dominance climbs off key support, hinting at renewed strength into September and October. Altcoins may underperform as Ethereum-led rallies show signs of topping out this quarter. Analysts expect Bitcoin to regain control as liquidity exits altcoins in the coming weeks. Bitcoin Dominance Rebounds After Trendline Support Bitcoin’s share of the crypto market has started to rise again. The Bitcoin Dominance (BTC.D) index recently bounced off a key trendline that’s held firm since early 2023. It now sits above 58%, following weeks of decline. This rebound may signal the end of altcoins’ recent run. 1 week warning Bitcoin Dominance is likely going to move higher in Sep/Oct. As noted in the post below, ALTs tend to find tops against BTC in late August. Liquidity will flow back to the king. https://t.co/YX8FaX7SPt pic.twitter.com/BUN27JMC1n — Benjamin Cowen (@intocryptoverse) August 27, 2025 Benjamin Cowen, founder of Into The Cryptoverse, issued a warning last week. He expects Bitcoin dominance to climb higher through September and October as altcoins often peak against BTC in late August. “Liquidity will flow back to the king,” he wrote on X. Cowen pointed out that several previous summers showed similar patterns. Altcoin rallies often peak around late August, then lose strength as money shifts back into Bitcoin heading into the final quarter of the year. He reminded traders, “If you are riding ALTs right now like the last few summers, just remember that the tides will likely turn a little later in Q3.” His chart suggests a possible rise in BTC dominance toward the 61–63% range. This shift would likely come at the expense of altcoins, which could underperform during this period. The focus appears to be moving back to Bitcoin, particularly if ETH, which has led the latest altcoin push, starts to fade. Analysts Cautious on Short-Term Moves A crypto market watcher said Bitcoin dominance could still drop to 52%, but not right away. “If it goes to 52%, I don’t think it will happen until much later in the year,” Cowen replied. He acknowledged that while shorter timeframes may show BTC.D as overbought, the longer-term charts suggest there’s room to move higher. Cowen added that the current rotation into altcoins seems to be driven mainly by Ethereum’s rally. He expects ETH to face resistance soon, which could trigger another upward leg in BTC dominance lasting through September and October. Bitcoin Price Holds, but Market Watches Key Level Bitcoin was trading at $113,000 at press time, with a daily gain of 1%, though still down 1% over the past week. Market veteran Peter Brandt commented on a large weekend sell order, saying it could represent market supply. “Tops in markets are created by SUPPLY or DISTRIBUTION,” he said, adding that BTC needs to reclaim $117,570 to avoid forming a potential double top. While Brandt made it clear he wasn’t taking a side, he urged traders not to ignore the signal. With Bitcoin dominance rising and altcoins showing signs of slowing, the coming weeks may mark a shift in market direction. The post Is Bitcoin About to Drain the Life Out of Altcoins? Analyst Thinks So appeared first on CryptoPotato .
As long as you’re not living under a rock, you probably know the crypto market is up to something. Rapidly increasing corporate crypto stashes, a slew of pro-crypto policy changes, and the Fed chair hinting at a September rate cut are all massive signs that the next few months could churn out some life-changing returns. But in a market with hundreds of thousands of tokens, how do you identify the best cryptos to buy ? Do you just stick to the main ones like Bitcoin and Ethereum? While relatively ‘safe,’ following this approach would probably mean leaving a lot of money on the table. On the other hand, you can’t just ape into random shitcoins either, hoping they skyrocket. That’s too risky and ill-advised. The solution? Building a well-balanced portfolio with a solid mix of under-the-radar, high-upside tokens and top-tier proven performers showing fresh breakouts. To help you do just that, we turned to ChatGPT, which is arguably the most powerful AI chatbot around right now. Read on as we unpack the AI’s top crypto picks, with detailed explanations on why each of them could be the next crypto to explode . 1. Bitcoin Hyper ($HYPER) – New Bitcoin Layer 2 for Fast, Cheap Transactions & Enhanced Programmability If you’re a Bitcoin believer who would happily purchase every last bit of ‘digital gold’ they could, Bitcoin Hyper ($HYPER) might just be what you’re looking for. Not only is it far cheaper than $BTC, but $HYPER also carries a higher ROI potential, seeing as it’s currently in presale and available at ultra-low prices. According to our Bitcoin Hyper price prediction , the token could surge almost 2,400% by the end of 2025, potentially hitting $0.32. What’s special about $HYPER? It’s building the first-ever Layer 2 solution for Bitcoin aimed at turbocharging the blockchain with Solana-like performance. Thanks to Solana Virtual Machine (SVM) integration, $HYPER will bring lightning-fast speeds, low fees, and cutting-edge Web3 compatibility to the Bitcoin ecosystem. And a decentralized, non-custodial canonical bridge lets you interact with Hyper’s SVM-powered Web3 environment by converting your Layer 1 $BTC into Layer 2 $BTC. Thanks to $HYPER, you’ll be able to engage in high-speed DeFi trading, NFTs, DAO and governance, lending, staking, swapping, and blockchain gaming right on Bitcoin. Currently in presale, Bitcoin Hyper has already pulled in over $12.4M from early investors. And right now, you can buy $HYPER for just $0.012815 apiece. Visit Bitcoin Hyper’s official website for more information. 2. Ethereum ($ETH) – Institutional Accumulation & Technical Breakout Setting the Stage for Massive Rally Ethereum ($ETH) has been at the center of nearly all crypto chatter in recent days, and for good reason. Institutional players are scooping up ‘digital silver’ at a rapid pace, in some cases even favoring it over Bitcoin. That’s a telling sign the whales know something. Case in point: BlackRock recently dropped a massive $314M on Ethereum , while Goldman Sachs and Jane Street beefed up their $ETH ETF holdings by adding another 160K and 32.5K $ETH , respectively. Even better? If Ethereum retests its all-time high, $4.65B worth of shorts would be liquidated , igniting a massive short squeeze and fueling a potential parabolic rally. On the technical front, CryptoGoos, a crypto analyst with 121K+ followers on X, pointed out that $ETH has just broken out of a huge consolidation channel on the weekly chart. After a quick retest, the token now looks primed to rally higher. And according to this trading pattern, Ethereum’s next target could be… drumroll… $10K! 3. Wall Street Pepe ($WEPE) – New Meme Coin Changing the Crypto Investing Game Wall Street Pepe ($WEPE) blends iconic meme coin humor with crypto finance, offering a never-before-seen community for retail investors. As a $WEPE holder, you gain access to a vibrant and tight-knit group of crypto traders, all benefitting from each other’s strategies, insights, alpha buy/sell calls, and, of course, plenty of jokes along the way. $WEPE’s mission is simple: to dilute the unfair amount of power crypto whales currently hold, as they manipulate markets at will using advanced tools and algorithms, often wrecking everyday portfolios. After a record-breaking presale performance, where $WEPE gathered over $70M from early investors, the token proved its worth by rising almost 900% during June-July this year. And while $WEPE is admittedly in the red over the past couple of weeks, it’s now flirting with the upper resistance of a major triangle consolidation pattern. A breakout here could slam the gas pedal and send $WEPE soaring, potentially even to new all-time highs, representing a 400% gain from current levels. In addition to strong technicals, the token is also set to benefit from its upcoming Solana launch , which is likely to bring in a fresh wave of investors and hype, further boosting price. Only a meme coin or a full-blown movement? We’ll let you decide. 1 $WEPE is currently available at just $0.00006612. For more information, visit Wall Street Pepe’s official website. 4. Chainlink ($LINK) – Mainstream Crypto Nearing Breakout as ETF Hype Builds Chainlink ($LINK) has long been considered one of the best tokens for diversifying crypto portfolios, but recent developments – both fundamental and technical – suggest it’s now ready to take the crypto space by storm. According to CryptoELITES, a renowned cryptocurrency analyst with more than 260K followers on X, $LINK is tantalizingly close to breaking out of a descending triangle pattern. Even better? The upward-sloping trendline of this pattern has acted as strong support for months, confirming this as a rock-solid setup that could deliver in a big way. The expectation? Once $LINK breaks out, ideally with a fat green candle, it could ignite an explosive rally on its way toward $100. That means if you scoop up $LINK now, while it’s trading around $24.19 , you could be staring at a chunky 313% return on your investment. And here’s where things get even more exciting: major investment firms are showing interest in launching a spot Chainlink ETF, with Bitwise having filed for one just a few days ago. A spot ETF would legitimize $LINK as an institutional-grade asset, open the floodgates for new capital, and massively increase demand, all of which would be highly bullish for price. Wrapping Up We decided to put ChatGPT’s potentially revolutionary research and narrative-building skills to the test by asking it to craft a well-rounded crypto portfolio for 2025. And the AI delivered. Its top picks include not only institutional-grade giants like Ethereum ($ETH) and Chainlink ($LINK) but also low-cap, high-upside gems such as Bitcoin Hyper ($HYPER) and Wall Street Pepe ($WEPE) . That said, kindly keep in mind that crypto investments are inherently risky. Also, this article is not financial advice, and you must always do your own research before investing.
Fed chair candidates: the Trump administration is vetting 11 contenders to replace Jerome Powell; at least three — Rick Rieder, David Zervos, and Fed officials Chris Waller and Michelle Bowman
Falconedge, a newly established hedge fund advisory firm that emerged from Falcon Investment Management, has revealed a new strategy among publicly traded companies: to allocate nearly all of the proceeds from its upcoming initial public offering (IPO) to building a Bitcoin (BTC) treasury. Bitcoin-Focused IPO Strategy On Wednesday, the firm’s announcement disclosed that Falconedge’s leadership views Bitcoin not merely as a hedge against inflation but as a cornerstone asset for institutional treasury management. By emphasizing Bitcoin as a primary reserve asset, the firm aims to scale its cryptocurrency holdings significantly, thereby enhancing its balance sheet with BTC’s potential and institutional credibility. Related Reading: Shiba Inu’s Shibarium Suffers Crash In Major Metric, Is SHIB Price At Risk? Roy Kashi, CEO of Falconedge, expressed enthusiasm about the firm’s launch in a press release statement. The executive said: We’re proud to launch Falconedge as a next-generation platform that puts Bitcoin at the heart of institutional treasury strategy. This pre-IPO raise positions us to accelerate growth and deepen our impact in digital asset finance. Flaconedge would join a growing trend of public traded companies adopting similar investment options, mulling Strategy’s (MicroStrategy) approach with years accumulating Bitcoin and so far enjoying billionaire returns. Falconedge Completes Pre-IPO Fundraising The firm disclosed it has completed its pre-IPO fundraising and is gearing up for a public offering in September. Falconedge has indicated that the majority of the IPO proceeds will be allocated to Bitcoin accumulation, further solidifying Falconedge’s vision. Falconedge’s IPO is set to be one of the first to dedicate proceeds primarily to Bitcoin reserves, effectively positioning the firm as a hybrid entity that straddles the line between an advisory firm and a digital asset holding company. USDT stablecoin issuer Circle has also been in the spotlight with its debut on the New York Stock Exchange (NYSE). Its shares, traded under the ticker symbol CRCL, surged over 150% in the first days of its debut, highlighting the interest by investors in crypto-focused IPOs. Related Reading: Ethereum To $5,500 In Weeks, $12,000 By Year-End, Tom Lee Predicts Despite being newly formed, Falconedge benefits from the significant credibility and expertise inherited from Falcon Investment Management, a top player in United Kingdom-regulated crypto investing. The firm’s legacy includes launching one of the earliest regulated crypto funds in the UK in 2018, managing over $850 million in crypto assets at its peak, and successfully establishing a decentralized finance-focused fund that has performed well. As of this writing, Bitcoin, the market’s leading cryptocurrency, is trading at $112,100 — nearly 10% below its record high of $124,000 earlier this month. This is in line with the broader correction in the market, which has seen digital asset prices retrace to key support levels. Featured image from DALL-E, chart from TradingView.com
As bitcoin (BTC) bulls aim to reestablish an upward price trajectory, they may face resistance from sellers near the $113,600 level, according to on-chain data. BTC has already bounced to $112,800 from sub-$108,800 levels hit Tuesday, CoinDesk data show. The bounce is likely fueled by a fresh all-time high in the S&P 500 and a better-than-expected earnings report by Nvidia, one of the largest publicly listed companies in the world by market value and a bellwether for all things artificial intelligence. The path ahead may prove challenging, as investors holding at a loss may look to sell into any price rebound. "Currently, bitcoin trades beneath the cost basis of both the 1-month ($115.6k) and 3-month ($113.6k) cohorts, leaving these investors under stress. Any relief rally is therefore likely to encounter resistance, as short-term holders seek to exit at breakeven," analytics firm Glassnode said in a report published Wednesday. Glassnode's cost basis metric reveals the average purchase prices at which digital assets have been acquired by wallets with varying holding durations. For example, the three-month cost basis of $113,600 indicates that investors holding assets purchased within the past three months paid, on average, this price level. Mixed flows As of now, the spot market flows suggest an uphill battle for the bulls ahead, while ETF and corporate activity suggest otherwise. "Spot demand remains neutral, as perpetuals tilt bearish with CVD negative. The current funding rate of ~0.01% points to a fragile neutrality. If price breaks above $112.4K with volume, it opens the pathway to $114K – $116K," Timothy Misir, head of research, BRN . That said, ETF inflows and corporate adoption of BTC continues to suck out significant supply from the market, offering a bullish hope, Misir explained. "ETF flows continue to strengthen with $81 million for Bitcoin ETFs and $307 million for Ether ETFs over the past day. ETFs, corporates, and governments are now absorbing ~3,600 BTC/day, which translates to ~4x miner issuance. Metaplanet announced a new plan to raise $881 million to buy $837 million BTC in Sep–Oct, adding to its 18,991 BTC," he noted. Gauging key support Should BTC turn lower, then $107,000 is the key support level to watch. That's because analysis by Glassnode shows that the six-month cost basis is at that level. So, a break lower would prompt these holdings to sell, potentially causing a more profound decline. "The 6-month cost basis sits near ~$107k. A sustained move below this level risks triggering fear, which could accelerate downside momentum," Glassnode said.
K33 reported Q2 2025 revenue of 399 million Swedish Krona, marking a 108% year‑on‑year increase and signaling robust top‑line performance for the Bitcoin asset manager in its quarterly financial report.