Bitcoin Drops 1.17% as Market Fear Intensifies

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…

Forward Industries filed an automatic shelf to offer up to $4 billion in at-the-market common stock to support its Solana (SOL) treasury strategy.

The post Patriots Hall Of Famer Julian Edelman Is A Rising Media Star At FOX Sports appeared on BitcoinEthereumNews.com. Julian Edelman has a burgeoning media career, including as an analyst on FOX NFL Kickoff. Lily Hernandez The day before the Kansas City Chiefs hosted the Philadelphia Eagles, Julian Edelman was in a reflective mood. The last weekend he had spent in Arrowhead Stadium was when he helped the New England Patriots defeat the Chiefs in overtime to advance to the Patriots’ last Super Bowl. “I was definitely getting some flashbacks,” Edelman exclusively shared. “It’s definitely a special place to come. Not because we won (but) because we knew how hard it was to win here. This place rocks. Arrowhead is one of the most electric opponent stadiums that we played in. It was one of the greatest to be the villain.” Edelman had seven catches and 96 yards in that 37-31 overtime win against the Chiefs, paving the way for Super Bowl LIII, a game in which he won Super Bowl MVP. That may have been the apex of his playing career, which earned him induction into the Patriots’ Hall of Fame this weekend, but his post-NFL media career is ascending. He’s not only an analyst on FOX NFL Kickoff, the show that precedes FOX NFL Sunday, but also has his own production company and hosts two weekly podcasts. “It kind of (just) happened,” Edelman said. “My goal is really to just be around football in some form or fashion.” Julian Edelman of the New England Patriots celebrates after scoring in the fourth quarter against the Seattle Seahawks during Super Bowl XLIX. (Photo by Kevin C. Cox/Getty Images) Getty Images Toward the end of his playing career, Edelman started creating short-from content for his YouTube channel and picked up a cult following among New England fans. Then for his first two years out of the league, he was an…