Rising XRP Institutional Activity Shapes Evernorth’s SEC Filing as Tokenized Finance Expands

Eric Trump on Tuesday described Bitcoin as a “modern-day gold,” calling it a liquid store of value that can act as a hedge to real estate and other assets. Related Reading: XRP’s Biggest Rally Yet? Analyst Projects $20+ In October 2025 According to reports, the remark came during a TV appearance on CNBC’s Squawk Box, tied to the launch of American Bitcoin, the mining and treasury firm he helped start. Company Holdings And Strategy Based on public filings and company summaries, American Bitcoin has accumulated 2,443 BTC on its balance sheet. That stash has been valued in the low hundreds of millions of dollars at recent spot prices. The firm mixes large-scale mining with the goal of holding Bitcoin as a strategic reserve, which it says will help it grow both production and asset holdings over time. Eric Trump’s comments were direct. He told viewers that institutions are treating Bitcoin more like a store of value than a fringe idea, and he warned firms that resist blockchain adoption. The tone was strong at times, and the line about Bitcoin being a modern equivalent of gold was used to frame American Bitcoin’s role as both miner and holder.   Eric Trump has said: bitcoin is modern-day gold — unusual_whales (@unusual_whales) September 16, 2025 How The Company Went Public American Bitcoin moved toward a public listing via an all-stock merger with Gryphon Digital Mining earlier this year, a deal that kept most of the original shareholders in control and positioned the new entity for a Nasdaq debut. Reports show that mining partner Hut 8 holds a large ownership stake, leaving the Trump family and other backers with a minority share. The listing brought fresh attention and capital to the firm as it began trading under the ticker ABTC. Market watchers say the firm’s public debut highlights two trends: mining companies are trying to grow by both producing and holding Bitcoin, and political ties are bringing more headlines to crypto firms. Some analysts point out that holding large amounts of Bitcoin on the balance sheet exposes a company to price swings, while supporters argue it aligns incentives between miners and investors. Related Reading: Ethereum Bulls Target $8,500 With Big Money Backing The Move – Details Reaction And Possible Risks Based on coverage of the launch, investors have reacted with both enthusiasm and caution. Supporters praise the prospect of a US-based miner that aims to be transparent and aggressive about building a reserve. Critics point to governance questions, possible conflicts tied to high-profile backers, and the usual risks of a volatile asset being held on corporate balance sheets. Eric Trump’s remark that Bitcoin has taken gold’s role in today’s world reflects both his belief in its value and American Bitcoin’s strategy of mining and holding. Whether that view sticks will depend on how investors and institutions respond in the months ahead. Featured image from Meta, chart from TradingView

What if the crypto market’s most unpredictable sector could also deliver its biggest winners? Meme coins, often dismissed as novelty, have repeatedly stunned markets with massive rallies. Yet their volatility has also shaken many investors, leaving both fear and excitement in equal measure. In the past 24 hours, Monero has edged slightly lower while Polkadot […]

The post PENGU Holds $0.012 Support, Signaling Potential Rebound Toward $0.023 appeared on BitcoinEthereumNews.com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process—not noise. 👉 Sign up → PENGU is holding above its critical $0.012 support level, supported by robust liquidity exceeding $140 million in volume and increasing open interest to $82.22 million, positioning it for a potential rebound toward $0.023 in the coming sessions. PENGU maintains stability above $0.012 support, with market indicators suggesting a possible upward move to $0.023. Trading volume remains consistent at around $140 million, bolstering liquidity across exchanges. Open interest has risen 5.57% to $82.22 million, with a balanced long-short ratio of 0.979 near this key level. PENGU price holds firm above $0.012 support amid strong liquidity and steady volume—explore if a rebound to $0.023 is next. Stay updated on crypto trends for smart trading decisions. What is the current support level for PENGU price? PENGU price is currently defending a key support at $0.012, a level that has repeatedly triggered bounces throughout 2025. Trading at approximately $0.01316, the token shows resilience within a tight 24-hour range of $0.01275 to $0.01341. This support zone, formed by historical reactions, could pave the way for renewed upward momentum if held. COINOTAG recommends • Professional…