Crypto News

JACKSON HOLE, Wyo. — U.S. President Donald Trump’s son, Eric Trump, is convinced bitcoin (BTC) will eventually be worth over $1 million.Trump, who co-founded bitcoin mining company American Bitcoin earlier this year, reiterated his excitement for bitcoin during an appearance at the SALT conference in Jackson Hole on Wednesday.He even called himself a “bitcoin maxi.”The businessman and executive vice president of the Trump organization said he now spends over 50% of his time on crypto projects.He said he believes that the crypto asset will be worth $175,000 a token by the end of the year, sticking with his earlier prediction.Trump told several personal stories pointing out what he described as the flaws of the current financial system and how bitcoin...

The Digital Freedom Fund will focus on supporting President Trump’s crypto agenda—first and foremost by beating Democrats in next year’s midterms.Source link

Ripple is spotlighting custody as the backbone of digital finance, driving stablecoin adoption, tokenized asset growth, regulatory confidence and next-generation programmable infrastructure set to transform global markets. Ripple Maps the Future Where Custody Powers Stablecoins, Tokenized Assets, and Compliance Ripple published insights on Aug. 18 emphasizing the strategic importance of digital asset custody for institutionsSource link

A group of major altcoins have bounced stronger than bitcoin (BTC) on Wednesday, showing relative strength despite a weakening risk appetite in broader capital markets.BNB (BNB), the native token of the BNB Chain and closely adjacent to crypto exchange giant Binance, surged 6% to a fresh all-time high of $875.Ethereum's ether (ETH) rebounded 7% from the overnight lows to $4,350, erasing all of Tuesday's losses. Some observers speculated that ETH treasury firms buying the asset could have fueled the rally.Solana's SOL (SOL) gained 6.1%, also outpacing yesterday's decline, while tokens of ChainLink (LINK) and AAVE (AAVE) were up 10% and 7%, respectively.Meanwhile, the leading crypto BTC advanced a modest 1.4% from the lows, changing hands at just above $114,000. Major...

The Nasdaq-listed miner is focusing on expansion.Source link