Written by: Eric, Foresight News Cangu, an automotive financial technology service platform established in August 2010, after receiving a multi-billion RMB Series B funding round led by Tencent and Taikang Life Insurance in 2018, listed on the New York Stock Exchange in July of the same year. Bitmain, a cryptocurrency mining hardware chip and complete machine design, manufacturing, and mining pool operator founded in 2013, completed three rounds of funding totaling nearly $800 million between 2017 and 2018, with a valuation once reaching $15 billion. It failed to go public on the Hong Kong Stock Exchange at the end of Q3 2018. From a business perspective, these two seemingly unrelated companies have quietly become intertwined by fate by the end of 2024. From Old Finance to New Finance Sixteen years ago, in the summer, Cangu started in Shanghai by building coverage across the country.

In early January 2026, American Bitcoin Corp (stock code ABTC), a Nasdaq-listed mining company supported by members of the Trump family, including Eric Trump and Donald Trump Jr., announced that its total Bitcoin holdings had increased to 5,427 coins, valued at over $508 million based on current market prices. This move propelled it to the 19th spot on the global listed company Bitcoin holdings ranking, surpassing companies like GameStop. What’s even more impressive is that since its listing in September 2025, the company’s Bitcoin yield rate calculated by “Shares Per Share” (SPS) has reached 105%. Driven by this strong fundamental and Bitcoin’s price breaking through $93,000, ABTC’s stock price surged nearly 15% in a single day after the announcement, becoming a leading leader in the crypto mining sector. This case clearly demonstrates the enormous appeal and value discovery capability of the “Digital Asset Treasury” model in traditional capital markets.

In 2025, global ETF net inflows surged to $1.49 trillion, led by US stocks and gold. BlackRock's IBIT became the only product among the top 15 with negative returns, highlighting a trend of capital withdrawal from Bitcoin and shifting toward the stock market. (Background: Fidelity's 2026 Crypto Market Outlook Report: More countries may establish Bitcoin reserves, and long-term holding of BTC remains profitable) (Additional context: Bitcoin reaches $90,000, so why do meme coins PEPE and DOGE always rally at the peak?) Table of Contents Capital favors stocks, ETF net inflows set records IBIT changes from star to drag Policy and market psychology exert dual pressure Bloomberg analyst Eric Balchunas compiled the 2025 global ETF performance on the X platform, with total net inflows reaching 1.4

Bitcoin's 32% decline following Eric Trump's optimistic prediction for Q4 underscores the influence of public sentiment on the crypto market. Investors are advised to focus on fundamentals and long-term trends rather than celebrity predictions.

Eric Trump recently publicly claimed that funds are flowing massively from gold to Bitcoin, calling it "the greatest asset of all time." This statement is not unfounded; it is backed by Executive Order No. 14233 signed by President Donald Trump on March 6, 2025, which officially established the U.S. Strategic Bitcoin Reserve, including approximately 198,000 Bitcoin seized through criminal forfeiture, valued at $8.8 million per Bitcoin, totaling $17.4 billion.

Author: Eric, Foresight News At the end of 2022, I took stock of the bizarre events that occurred that year. After three years, I am once again summarizing Web3 in 2025 in the same way. Time has passed, and Web3 in 2025 has undergone a complete transformation compared to three years ago. Basic mistakes like sending to the wrong address or setting incorrect parameters are now rare. Although the events this year are not as "funny" as back then, their absurdity is no less, only to say that human nature, the greatest playwright, continues to exert its influence. Mystery team manipulates presidential concept Meme coin, harvesting over $100 million Event details At the beginning of the year, the incident of the new US President Trump issuing the Meme coin TRUMP was widely known. Subsequently, Melania Trump, the wife of Trump, and Argentine President Milaire also...

Written by: Eric, Foresight News I believe readers who follow cutting-edge technology are somewhat aware of the progress in quantum computing this year. This "technological revolution," which has been called for many years like AI, finally saw a breakthrough this year. Simply put, quantum computing has shifted from solving physical problems to engineering problems, marking a turning point from laboratory experiments to commercialization. This year has also been designated by the United Nations as the International Year of Quantum Science and Technology. Technological breakthroughs are good news, but the bad news is that quantum computing concerns the survival of Bitcoin. When computational power reaches a certain threshold, public keys exposed on the network could potentially be brute-forced to reveal private keys through quantum computing, which could deal a devastating blow to Bitcoin. If discussions about quantum computing previously only revolved around "whether it will affect Bitcoin," then this year's discussions have already developed into...

Written by: Eric, Foresight News On the evening of December 22, Beijing time, LazAI, an AI data and application layer incubated by Metis, announced the official launch of its Alpha mainnet. The last time Metis left a deep impression on me was when it took the lead in launching a decentralized sequencer. As many L2s have turned towards a transaction-centric direction in recent years, why has Metis chosen AI with unwavering confidence? With questions in mind, we had a chat with Metis. Focusing on "data", Metis's unique approach The Metis team indicated to the author that the launch of LazAI was not a hasty decision in response to the AI craze. As early as the beginning of this year, Metis had established a strategic focus on AI, and LazAI has been in development for nearly a year.

Original author: Eswar Prasad, Professor of Economics at Cornell University Original translation: Eric, Foresight News The early revolutionaries of cryptocurrency aimed to break the monopoly of central banks and large commercial lending institutions over financial intermediaries. The grand goal of the original cryptocurrency, Bitcoin, and the blockchain technology behind it is to bypass intermediaries and directly connect the two parties in a transaction. This technology aims to achieve financial democratization, allowing everyone, regardless of wealth, to easily access a wide range of banking and financial services. Emerging financial institutions will leverage this technology to provide competitive financial services—including customized savings, credit, and risk management products—without the need to establish expensive physical branches. All of this aims to eliminate the old financial institutions that lost public trust during the global financial crisis and to establish a new financial order. In this decentralized new world of finance, competition and innovation will flourish.

Written by: Eric, Foresight News When the market environment is not good, it always magnifies existing problems in some favorable situations and ultimately exposes them. Recently, Aave and ENS have successively revealed some internal organizational issues, and these issues all point to the core.

After the Trump family returned to the White House, they amassed wealth through various channels such as cryptocurrencies, foreign investments, and policy exchanges, reaching an unprecedented scale in American history. Since 2016, the Trump family has profited $3.4 billion from activities related to the presidency, with over $1.8 billion in 2025 alone. The core strategy of the Trump family is to monetize political influence: Donald Trump Jr., Eric, and Barron each play their roles, building a vast business empire spanning cryptocurrencies and real estate.

In a significant shift within the corporate Bitcoin treasury landscape, American Bitcoin—a company backed by Eric Trump—has overtaken ProCap Financial in total Bitcoin holdings as of mid-December 2025.

American Bitcoin, endorsed by Donald Trump Jr. and Eric Trump, has surpassed ProCap Financial in total Bitcoin holdings. Since early December, American Bitcoin has added over 1,000 Bitcoins to its reserves, bringing the total holdings to 5,044 Bitcoins, valued at approximately $443 million, ranking it 21st among corporate holders.

Bitcoin’s months-long slide hasn’t stopped corporate treasury companies from accumulating the digital asset, with the Eric Trump-backed American Bitcoin overtaking ProCap Financial, founded by entrepreneur Anthony Pompliano, in total Bitcoin holdings. American Bitcoin has added more than 1,000 Bitc

SpaceX's rumored initial public offering (IPO) in 2026 has finally been confirmed by the actual source, with Musk personally stating on the X platform that the report "is accurate." This aerospace technology giant could be valued at up to $800 billion in the future, with the rise of artificial intelligence (AI) technology and the potential of space data centers seen as the core drivers pushing for the listing. Musk: Ars Technica report "is accurate" An in-depth report by Ars Technica journalist Eric Berger pointed out that the rise of AI technology and the opportunities to build data centers in space are the main reasons SpaceX plans to go public in 2026. Musk promptly shared the article and responded on his social platform X, "As always, Eric is accurate."

Eric Trump’s bold claim that Bitcoin is headed to $1 million sent another shockwave across the crypto world. He made the statement at the Bitcoin MENA 2025 conference in Abu Dhabi, where he repeated the same forecast he originally shared in August. And, he then framed Bitcoin as the hardest asset on

American Bitcoin, a company co-founded by Eric Trump, recently executed a large-scale strategic purchase, increasing its holdings by 41,600 BTC with an investment of $38 million, bringing its total reserves to 4,783 BTC. This move not only demonstrates the company's firm commitment to the Bitcoin reserve strategy but also elevates its rank to 22nd among global publicly listed companies by Bitcoin holdings. Meanwhile, Strive Asset Management announced a $500 million funding plan to buy Bitcoin, and combined with the capital inflows into several Bitcoin spot ETFs, it marks a continued surge in institutional investor interest as Bitcoin's price stabilizes around $92,000.

American Bitcoin Corp. (NASDAQ: ABTC), a Nasdaq-listed company co-founded by Eric Trump and Donald Trump Jr., announced it acquired 416 additional bitcoins for approximately $38 million at an average price of $91,346 per BTC.

Baron Trump is the co-founder of WLFI and a "DeFi Visionary." This 19-year-old college student is believed to have a net worth of around $150 million. His brother Eric Trump and little Donald Trump became co-owners of American Bitcoin, acquiring a 20% stake in the company. This Trump-related project has launched multiple family brand Meme coins, generating over $400 million in revenue.

American Bitcoin (ABTC), co-founded by Eric Trump, increased its Bitcoin holdings by 416 coins over the week ending December 8, bringing the total holdings to 4,783 coins. However, despite the rapid growth in Bitcoin holdings, ABTC stock experienced a 50% flash crash on December 2 due to the unlocking of pre-IPO private placement shares prior to the merger, and has not recovered to this day.

Two major players in the American crypto landscape — American Bitcoin Corp. (ABTC) and ProCap Financial (BRR) — have announced significant additions to their corporate Bitcoin reserves. The news arrives at a time when institutions and publicly traded companies are rapidly increasing BTC exposure in

EMJ Capital's Eric Jackson sees Bitcoin evolving from digital gold to neutral global collateral, implying a radical $50M per coin valuation by 2041. Summary EMJ Capital's Eric Jackson projects Bitcoin could reach $50M per coin by 2041. His thesis: Bitcoin shifts from "digital gold" to neutral

Recently, Bitcoin has shown relatively weak performance. After reaching a historical high of $126,000 in early October, it once plummeted by 36%. Many critics believe that Bitcoin is similar to the tulip mania of the past and may never recover after the crash. However, Bloomberg analyst Eric Balchunas used a highly iconic tulip price chart to explain why he does not equate Bitcoin with tulip mania. Eric Balchunas: Bitcoin is Different from Tulip Mania Bloomberg analyst Eric Balchunas used a highly iconic tulip price chart to explain why he does not equate Bitcoin with tulip mania. Tulip prices skyrocketed and crashed within just three years, as if they were KO’d by a heavy punch. In contrast, Bitcoin has endured six or seven heavy blows and still managed to return to historical highs, surviving for 17 years. Its longevity alone

Today, Bitcoin is no longer suited to outdated comparisons like the "tulip bubble." Its resilience and proven endurance over the years have rendered such comparisons obsolete, according to Eric Balchunas, a Bloomberg ETF expert. “I would never put Bitcoin alongside the tu...

The stock price of American Bitcoin, co-founded by Eric Trump, the second son of President Trump, plummeted 33% within one minute of trading on December 2, ultimately crashing over 51%. Trump-related cryptocurrency projects have collapsed across the board: the WLFI token fell 51%, ALT5 Sigma plunged 75%, and the TRUMP and MELANIA meme coins have dropped 90% and 99% from their all-time highs, respectively. According to Bloomberg, the Trump family has lost over $1 billion in assets since October, as the Trump premium has turned into a Trump drag.

Charles Schwab announced that it will offer Bitcoin and Ethereum trading services to clients in early 2026. Managing $12 trillion in assets, Charles Schwab is the world's largest brokerage and custodial institution, with liquidity levels comparable to BlackRock and Vanguard. ETF expert Eric Balchunas noted that many of Schwab's services are commission-free, and Bitcoin trading may also adopt this model.

American Bitcoin shares partially recovered after a significant drop due to a lockup expiration. The company's stock fell 35% but is expected to stabilize as more shares become tradable. Despite market challenges, American Bitcoin continues to report profits and significant revenue growth.

Eric Trump says American Bitcoin (ABTC) built its entire model on the belief that Bitcoin will surge over the long term, and the firm wants to capture as much of that upside as possible During an interview with investor Grant Cardone, Trump explained that ABTC set out to operate very differently f

Hot Topics BlackRock&39;s IBIT Bitcoin ETF hits U.S. options top 10 with 7.7M active contracts, outpacing gold ETFs and tech stocks. CNN partners with Kalshi to integrate prediction market data into news coverage. American Bitcoin stock plunges 39% after token lockup expiry, with Eric Trump

American Bitcoin (ABTC), the Bitcoin mining and holding company co-founded by Eric and Donald Trump Jr., saw its shares plummet after a portion of its stock was allowed to trade following a lock-up period. ABTC dropped nearly 50% in the first hour to $1.80 and closed at $2.19, down 38.8% for the day. Eric Trump c

Shares of American Bitcoin Corp. (NASDAQ: ABTC), the publicly traded Bitcoin mining and treasury company chaired by Eric Trump, plummeted more than 50% in early trading on Tuesday, December 3, 2025, highlighting the extreme leverage embedded in many crypto-exposed equities during periods of Bitcoin price turbulence.

The crypto market saw strong reactions this week after Eric Trump made a bold claim about a coming gold to Bitcoin shift. His statement arrived during a turbulent moment for BTC as the price fell under the 100K mark. Yet he remained confident that investors will reduce their gold exposure and

The crypto mining company American Bitcoin Corp., co-founded by Eric Trump, experienced a flash crash in its stock price. After the company's stock lock-up period ended this Tuesday, a large number of restricted shares were released into the market, causing the stock price to plummet by more than 50% in less than 30 minutes, triggering multiple trading halts. Although the losses narrowed later, the stock still closed down 35% at $2.33. This sharp drop occurred after the company’s stock had already fallen more than 60% from its September peak, highlighting the significant volatility risk under the dual pressures of “celebrity concept” and “stock unlock” during a period of overall weakness in the crypto market.

As Bitcoin fell more than 30% from its all-time high and the market experienced intense volatility, American Bitcoin, a Bitcoin mining company supported by Trump’s son, suffered a major blow to its stock price on December 2. Within 30 minutes, half of its market value was wiped out, triggering multiple trading halts. The mining company, co-founded by Eric Trump, saw its intraday price drop as low as $1.75, a decline of 51%.

In brief Data shared by Bloomberg ETF analyst Eric Balchunas points to a December 2 transition from OTC trading to NYSE Arca. An amended S-1 outlines cash-only creations at launch and confirms LINK as the sole asset. DOGE and XRP ETFs followed a similar path before going live on the same

According to Mars Finance news, on December 2, Bloomberg ETF analyst Eric Balchunas posted on social media that Grayscale will launch the first Chainlink Spot ETF (GLNK), and the exchange announcement has been released.

According to Nate Geraci, co-founder of the ETF Institute, cryptocurrency asset management giant Grayscale plans to launch the first spot Chainlink exchange-traded fund in the United States this week. Bloomberg analyst Eric Balchunas expects the product to be officially listed on December 2, marking Grayscale's conversion of its LINK private sale trust established in 2020 into a publicly listed ETF. This move signifies that the Oracle Machine leader Chainlink becomes another crypto asset to gain mainstream compliance investment exposure, following Bitcoin, Ethereum, Solana, and others, and it also opens the door for direct competition with rival Bitwise in this space.

Written by: Eric, Foresight News What should be the reasonable price of ETH? There are many valuation models provided by the market for this issue. Unlike Bitcoin, which has already existed as a major asset, Ethereum, as a smart contract platform, should be able to summarize a reasonable and recognized valuation system. However, it seems that the Web3 industry has not yet reached a consensus on this matter. Recently, a website launched by Hashed provided 10 valuation models that may have relatively high market recognition. Among the 10 models, 8 showed that Ethereum is undervalued, with a weighted average price exceeding $4700. So how is this price, which is close to the historical high, calculated? From TVL to staking to income Hashed List

Eric Trump argues that Bitcoin's fixed supply, ease of transfer, and unchangeable rules make it a superior store of value compared to gold. He highlights its deflationary nature and growing appeal among investors seeking reliable assets.

Author: Eric, Foresight News Reprint: White55, Mars Finance What should be the reasonable price of ETH? The market has provided a variety of valuation models for this issue. Unlike Bitcoin, which has existed as a major asset, Ethereum, as a smart contract platform, should be able to summarize a reasonable and recognized valuation system. However, it seems that the Web3 industry has not yet reached a consensus on this matter. Recently, a website launched by Hashed provided 10 valuation models that may have a high market recognition. Among the 10 models, 8 of them show that Ethereum is undervalued, with a weighted average price exceeding $4700. So how is this price, which is close to a historical high, calculated? From TVL to collateral

Eric Trump denied a false prediction attributed to him about Ethereum's price but has previously supported the cryptocurrency, calling it undervalued. As CEO of American Bitcoin, he emphasizes the Trump family's serious investment in crypto.

Eric Trump, the son of U.S. President Trump, responded on the X platform to rumors regarding his prediction that "Ethereum will break $8,000 in the next 38 days," stating not to spread fake news, as he has never made such comments, and while he hopes to see this situation occur, he has not made any related predictions.

American Bitcoin mines 2% of the daily Bitcoin supply, with 35,000 machines running on American energy. The company holds 4,004 BTC, ranking 25th among global corporate Bitcoin holders. Founded in 2025, American Bitcoin raised $220 million to expand its holdings and mining capacity. Eric Trump

Eric Trump showcased American Bitcoin's mining facility, capable of producing 2% of daily Bitcoin supply. The company, co-founded by Trump in 2025, emphasizes Bitcoin's tangible nature and plans to grow its holdings significantly.

Bloomberg senior ETF analyst Eric Balchunas, known in the market as the "ETF prophet," stated that the first spot Dogecoin ETF in the US has been officially launched by Grayscale, with the ticker GDOG. He also pointed out that in the next 6 days, 5 spot cryptocurrency ETFs will be launched one after another, and it is expected that over the next six months, more than 100 spot or derivative crypto ETFs will continue to enter the market.

On November 24, 2025, Bitwise Asset Management officially launched its Dogecoin spot ETF, becoming the second well-known institution after Grayscale to enter the meme coin ETF sector. Previously, Grayscale had converted its Dogecoin and XRP trust funds into spot ETFs, trading on the NYSE under the symbols GDOG and GRXP, respectively. Bloomberg Intelligence analyst Eric Balchunas predicts that by May 2026, the U.S. market will see over 100 crypto ETFs. This wave of concentrated altcoin ETF listings marks the acceleration of cryptocurrencies transitioning from fringe assets to mainstream financial instruments.

Driven by the rise in Alphabet's stock price and expectations of interest rate cuts, the market rebounded during the Thanksgiving holiday week. The crypto market finally saw a rebound alongside tech stocks. Yesterday, the overall market capitalization increased by 1.76%, returning to $3 trillion. Bitcoin BTC briefly touched 89K, while Ether ETH approached the $3,000 mark. With the launch of the XRP ETF, XRP also saw a remarkable increase of over 8% yesterday. Bloomberg analyst Eric Balchunas pointed out that BlackRock's Bitcoin ETF...

The Trump family's wealth has shrunk from $7.7 billion to $6.7 billion. From TRUMP meme coins to Bitcoin mining, the crypto crash has dealt a heavy blow to the Trump family's assets, with Trump's son Eric's stake in American Bitcoin nearly halved from its peak. However, the Trump family still profits from token sales revenue sharing, with World Liberty Financial alone bringing in $900 million, while retail investors have become the biggest losers.

On November 24, 2025, Grayscale's Dogecoin ETF (ticker: GDOG) will officially begin trading on the New York Stock Exchange, along with the simultaneous launch of Grayscale's XRP ETF (GXRP). Bloomberg analyst Eric Balchunas predicts that GDOG’s first-day trading volume could reach $11 million, introducing institutional-level capital channels to the Dogecoin market, which has traditionally been dominated by retail investors. This listing marks further acceptance of the meme coin asset class by mainstream financial institutions and provides investors with a regulated channel for investing in Dogecoin.