FTX to Repay $1.6 Billion in Bankruptcy Case This Month

The post American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight appeared on BitcoinEthereumNews.com. Key Takeaways: American Bitcoin (ABTC) surged nearly 85% on its Nasdaq debut, briefly reaching a $5B valuation. The Trump family, alongside Hut 8 Mining, controls 98% of the newly merged crypto-mining entity. Eric Trump called Bitcoin “modern-day gold,” predicting it could reach $1 million per coin. American Bitcoin, a fast-rising crypto mining firm with strong political and institutional backing, has officially entered Wall Street. After merging with Gryphon Digital Mining, the company made its Nasdaq debut under the ticker ABTC, instantly drawing global attention to both its stock performance and its bold vision for Bitcoin’s future. Read More: Trump-Backed Crypto Firm Eyes Asia for Bold Bitcoin Expansion Nasdaq Debut: An Explosive First Day ABTC’s first day of trading proved as dramatic as expected. Shares surged almost 85% at the open, touching a peak of $14 before settling at lower levels by the close. That initial spike valued the company around $5 billion, positioning it as one of 2025’s most-watched listings. At the last session, ABTC has been trading at $7.28 per share, which is a small positive 2.97% per day. Although the price has decelerated since opening highs, analysts note that the company has been off to a strong start and early investor activity is a hard-to-find feat in a newly-launched crypto mining business. According to market watchers, the listing comes at a time of new momentum in the digital asset markets. With Bitcoin trading above $110,000 this quarter, American Bitcoin’s entry comes at a time when both institutional investors and retail traders are showing heightened interest in exposure to Bitcoin-linked equities. Ownership Structure: Trump Family and Hut 8 at the Helm Its management and ownership set up has increased the visibility of the company. The Trump family and the Canadian mining giant Hut 8 Mining jointly own 98 percent…

Q4 2025 is expected to be a strong phase for the crypto market as investors anticipate huge gains. Among cryptos most investors are watching are Dogecoin (DOGE) and Shiba Inu (SHIB). However the coin drawing the biggest attention is Mutuum Finance (MUTM), priced under a dollar at $0.035 in its ongoing presale.  With a dual […]

The post Glenn Hughes Scores His Greatest Chart Debut On His Own appeared on BitcoinEthereumNews.com. Nearly 10 years after Resonate, Glenn Hughes scores a new career high as Chosen opens at No. 4 on the Official Rock and Metal Albums chart. NEW YORK, NEW YORK – APRIL 08: Glenn Hughes of Deep Purple speaks onstage during the 31st Annual Rock And Roll Hall Of Fame Induction Ceremony at Barclays Center on April 8, 2016 in New York City. (Photo by Mike Coppola/Getty Images) Getty Images Almost a decade after his last solo album Resonate arrived, Glenn Hughes returns with Chosen. The rock superstar’s fifteenth project under his own name debuts on multiple charts in the United Kingdom, where he remains a legend in his chosen field. Chosen opens inside loftiest tiers on multiple tallies and even gives Hughes his first solo win on one roster. Glenn Hughes Scores First Hit on One Chart Chosen debuts on the Official Albums Downloads chart at No. 60. Hughes scores his first solo win on the list of the bestselling full-lengths and EPs on download platforms like iTunes and Amazon in the U.K., as his latest project arrives. Glenn Hughes Reaches a New Peak Chosen earns its loftiest starting point on the Official Rock and Metal Albums chart, where it kicks off at No. 4. Hughes reaches a new all-time high as the set arrives and collects his second top 10. Resonate peaked at No. 6, earning Hughes his first top 10 bestseller almost 10 years back, while Music for the Divine only spent one frame at No. 33 nearly 20 years ago. Glenn Hughes on the Albums Charts Chosen also brings Hughes to new all-time peak positions on both the Official Albums Sales and Official Physical Albums charts. The set debuts at Nos. 25 and 26 on those tallies, respectively. Only Resonate had previously landed on those lists,…