Eric Trump Says He’s Not Selling As American Bitcoin Shares Crash 38%: ‘Fundamentals Are Virtually Unmatched’

American Bitcoin Corp. (NASDAQ:ABTC) shares modestly recovered in Tuesday’s after-hours trading following a sharp drop triggered by the expiration of the lockup period for investors, including co-founder Eric Trump. ABTC stock is at key technical levels. Get the latest updates here. Early Investors Can Take Profits, Says Trump ABTC gained over 4%...
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Tether Debate Heats Up As Former Bank Analyst Refutes Hayes’ Claims

Arthur Hayes, the BitMEX co-founder, warned late last month that Tether’s shift into Bitcoin and gold could leave the stablecoin exposed if those assets tumble. According to Hayes, a roughly 30% drop in Tether’s BTC and gold holdings could erase the company’s equity and leave USDT vulnerable. His comments...
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Peter Schiff Says Bitcoin Value ‘Purely Subjective,’ Unlike ‘Objective’ Gold, Economist Says BTC Has No ‘Utility’ Beyond Belief — Draws Fire

Noted economist Peter Schiff said on Tuesday that gold’s intrinsic value stems from tangible properties as opposed to Bitcoin (CRYPTO: BTC), which he deemed “purely subjective.” Schiff Says Bitcoin Has No Utility Beyond Belief In an X post, Schiff refuted claims by Bitcoin advocates that gold’s value is subjective....
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Will the End of Quantitative Tightening Reverse the Crypto Down Trend?

The Federal Reserve’s decision to halt balance-sheet runoff comes as crypto pressure spreads across the market after a sharp weekend sell-off. As per Reuters’ report, the central bank ended quantitative tightening on December 1. It will now roll over maturing Treasuries and reinvest mortgage-bond payouts into Treasury bills. The...
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