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Own 1 Billion SHIB? Here’s How Much You’d Make if Shiba Inu Hits Half of its ATH

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Investors holding 1 billion Shiba Inu tokens could realize substantial gains if SHIB climbs back to 50% of its previous all-time high. 

Shiba Inu has been in a steep decline throughout most of 2025. The popular meme token has fallen 7.89% over the past week, 6.85% month-to-date, 11.1% over the past 30 days, and a staggering 56.6% year-to-date. 

While some community members have voiced frustration over SHIB’s steep declines, others remain optimistic, believing the token could still deliver life-changing returns. Popular community figure James Waynn recently predicted that Shiba Inu will mint many millionaires if it ever reaches a new all-time high of $0.1. 

However, critics have dismissed this projection as unrealistic. This is because reaching a target price of $0.1 would push Shiba Inu’s market cap to $58.9 trillion, surpassing the U.S. GDP by a huge margin. 

SHIB Price at 50% of Previous ATH 

As uncertainty builds around SHIB hitting $0.1, we examined how investors holding 1 billion SHIB would fare if the token merely returned to half its all-time high. For context, Shiba Inu recorded its all-time high during the 2020/2021 bull run. At the time, it surged to a peak price of $0.00008845 on October 28, 2021, exactly four years ago. 

Notably, reaching 50% of its previous all-time high would place SHIB at $0.000044225 per token. From the current price of $0.000009142, Shiba Inu would need to surge roughly 383.75% to hit this target.

For context, SHIB last traded near $0.000044 in March 2024, when it peaked at $0.00004534 before plunging, and has largely hovered around $0.00001 since then. 

Value of 1B SHIB if Price Reaches 50% of Shiba Inu ATH 

If Shiba Inu reaches this target again, it could have a substantial impact on investors holding 1 billion SHIB. As of press time, it costs around $9,142 to procure 1 billion Shiba Inu tokens at the current price of $0.000009142. 

Interestingly, this 1 billion SHIB portfolio could be valued at $44,225 if SHIB eventually climbs to half of its previous ATH. This represents a return on investment of over $35,000. 

Meanwhile, several analysts have predicted Shiba Inu’s rise toward the $0.00004 range. In February, the popular trading group Rosen Premium Signals projected that SHIB could reach $0.00004401, noting that the token was poised to break out of a falling wedge pattern on its chart. 

According to Changelly, Shiba Inu is expected to reclaim the $0.000044 mark by November 2027, two years from now. 

XRP Price Run to $700–$1,000: Here Are the Timelines

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Several experts have projected multiple timelines for XRP to reach a price range between $700 and $1,000 despite the audacious nature of these forecasts.

XRP continues to trade around the $2.2 level, yet some market watchers believe it could still climb far higher if the broader market strengthens. They argue that XRP remains undervalued, especially when they look at its role in global payments. 

The XRP to $700–$1,000 Predictions

Some of these market pundits even see the possibility of an explosive run that pushes the price into the $700 to $1,000 zone once its utility fully takes shape.

For instance, in July, Digital Ascension Group CEO Jake Claver noted that he had already placed a $18,000 public bet that XRP could reach $750. He claimed that the stake would grow to $3.5 million if XRP hits the price level. 

Meanwhile, analyst Remi Relief also reminded the community on X that he predicted a $1,000 XRP last year. He noted that many people dismissed his call at the time, but he now sees the same prediction everywhere. 

The pundit added that when he made his claim, XRP traded near $0.50. In his view, anyone who listened early secured a stronger position. He also argued that anything under $10 still looks extremely cheap and that today’s $3 price presents room for more accumulation.

Notably, in July, U.S. exchange Uphold pointed out that X users spent the day discussing whether XRP might hit $1,000 by 2030 and asked its audience how they felt about such a target. 

Also, three months before that, CryptoGuard COO Matthew Brienen had suggested that XRP could reach $1,000 in ten years.

Timelines for XRP to Reach $700 to $1,000

For XRP, which currently trades around $2.27, these targets require massive gains. Specifically, XRP must rise 30,737% to reach $700 and jump 43,952% to reach $1,000. 

These figures led us to ask Google Gemini for its view on when XRP might possibly enter that price range. Responding, Gemini stressed that any target between $700 and $1,000 counts as extremely optimistic and would demand a dramatic change in the global financial system that puts XRP at the center. 

The chatbot explained that believers in these extreme targets usually expect XRP to replace or heavily disrupt SWIFT and secure a large share of cross-border payments. 

According to Gemini, XRP might reach $700 sometime between 2035 and 2045 if it captures meaningful global payment flow. Further, Gemini added that XRP might only approach $1,000 between 2040 and the early 2050s if it eventually becomes the primary system for international value transfer.

Meanwhile, Changelly analysts suggested that XRP might reach $700 in 2040, possibly touching a ceiling near $789 by April of that year. They also estimated that XRP could move into the $1,000 range in the same year, with an average price of about $1,010 by June 2040.

XRP Price Predictions Chagelly
XRP Price Predictions | Chagelly

The Prospect of an XRP Run to $1,000

Notably, optimism around these upper-end targets strengthened after Canary Capital introduced the first pure spot XRP ETF. The fund recorded $58 million in volume on its first trading day and drew roughly $245 million in inflows. 

This performance landed only 8% below the debut of BlackRock’s Ethereum ETF. XRP proponents believe the launch of more ETFs could help drive XRP higher, especially if major asset managers such as BlackRock eventually join the space. For now, BlackRock, Fidelity, and Van Eck have not filed for an XRP ETF, and the reasons remain unclear.

Despite the excitement, a $1,000 XRP still looks extremely unlikely under current conditions. XRP holds a circulating supply of about 60 billion tokens, which would give it a $60 trillion market cap at $1,000. 

This valuation would make XRP the world’s biggest asset by a wide margin. It would more than double gold’s $28.3 trillion market cap, account for 40% of the global stock market’s $147 trillion value, and match over 42% of the global bond market at $142 trillion. 

XRP Market Cap Comparisons at $1000
XRP Market Cap Comparisons at $1000

It would also more than double the U.S. GDP at $29.65 trillion, represent 60% of the world’s $100 trillion M2 money supply, stand nearly 15x larger than Apple’s $4.03 trillion valuation, and exceed Bitcoin’s $1.91 trillion market cap more than thirty times. These comparisons show why analysts still describe $1,000 as an extremely unlikely outcome in the near future.

Here’s How Much Dogecoin You Need Today to Be a Millionaire by 2035

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As the market dips, offering a chance to buy Dogecoin at discounted levels, we’ve estimated how much DOGE investors would need to hold to become millionaires by 2035.

Despite the lackluster performance of the broader crypto market, many investors still dream of becoming millionaires through investments in cryptocurrencies like Dogecoin. DOGE, which began as a light-hearted meme coin in 2013, has evolved into a global phenomenon, inspiring countless newcomers to imagine life-changing profits. 

Its explosive rally in 2021, fueled by endorsement from Elon Musk, convinced many that even small investments in DOGE today could make someone a millionaire in the future. In light of this, we estimated how much Dogecoin investors must own today to become millionaires by 2035, exactly ten years from now. 

Investors Bullish on Dogecoin Despite Massive Downturn 

Dogecoin has continued to lose its value in the ongoing market downturn. Its price has dropped 8.5% over the past seven days, bringing its total decline in the past month to 16.93%. As of November 15 at 06:14 (UTC), DOGE was trading at $0.1630, down 48.4% YTD. 

Despite the recent slump, the community’s optimism remains strong. This is evident on CoinMarketCap, where 85% of over 1.5 million votes reflect a bullish outlook on the coin’s future.

Amid this optimism, some investors are consistently accumulating DOGE in anticipation of a potential rally that could make them millionaires. However, the question remains: how many DOGE tokens must investors own to become millionaires by 2035? 

Number of DOGE Needed to Make $1M by 2035 

We turned to AI models ChatGPT and Grok, as well as Talegaon, to determine the number of tokens required to achieve millionaire status by 2035. 

Grok Forecasts 

xAI’s Grok issued a conservative projection in its 2035 outlook for Dogecoin. The AI model set a target of $2.5 for Dogecoin, suggesting that the rally will be driven by broader crypto market expansion, the token’s integration as a payment method, and community-driven adoption. 

At the predicted price of $2.5, Grok estimates that investors will require 400,000 DOGE to reach $1 million by 2035. These 400,000 DOGE tokens currently cost approximately $65,200 at the current price of $0.1630 per token.  

Grok estimates number of Dogecoin Needed to Attain Millionaire Status
Grok estimates number of Dogecoin Needed to Attain Millionaire Status

ChatGPT Prediction 

Notably, ChatGPT estimated that Dogecoin will reach an unprecedented level of $3.5 per token over the next 10 years. The chatbot suggests that Dogecoin’s price will be driven by moderate long-term adoption, sustained meme-asset relevance, and periodic bull cycles. 

If Dogecoin hits the projected $3.5 mark by 2035, ChatGPT estimates that investors would need roughly 285,714 DOGE to become millionaires by then. At the current price, these 285,714 tokens are valued at approximately $46,571. 

ChatGPT Estimates Number of Dogecoin Needed to Become Millionaire by 2035
ChatGPT Estimates Number of Dogecoin Needed to Become Millionaire by 2035

Telegaon Estimate 

According to the leading prediction platform Telegaon, Dogecoin is expected to trade between $28.07 and $36.74 by 2035.

Telegaon Dogecoin Prediction
Telegaon Dogecoin Prediction

Based on this outlook, an investor would need roughly 35,625 DOGE to reach $1 million at the lower target of $28.07, or about 27,218 DOGE to hit the same milestone if the price climbs to $36.74.

At the current price of $0.1630, the 36,625 DOGE required would cost roughly $5,969, while the 27,218 tokens are valued at about $4,436. 

Despite bullish projections outlined in this analysis, whether Dogecoin investors become millionaires by 2035 ultimately depends on how high the token rallies in the years ahead. 

Grayscale Defines XRP as Real-World Utility, Made Tangible

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Grayscale’s new NYC installations spotlight XRP as “real-world utility made tangible,” highlighting its role within the multi-asset GDLC ETF.

Recently, the billion-dollar asset manager unveiled physical installations featuring XRP across New York City, stressing the asset’s significance within the GDLC ETF. The move is part of a campaign to bring the CoinDesk Crypto 5 ETF (GDLC) into the physical world through a series of crypto-themed public displays.

The campaign comes as interest in the newly launched ETF continues to grow, with XRP holding a notable allocation in the fund.

Grayscale Brings GDLC Into the Real World

In its post on X, Grayscale announced: “We brought Grayscale CoinDesk Crypto 5 ETF GDLC to the real world.” 

Alongside, it shared images of large-scale installations representing the five digital assets that make up the fund. Each installation carries a thematic tagline that reflects the perceived role of the asset within the crypto ecosystem:

  • Bitcoin: “Bitcoin in the physical world.”
  • Ethereum: “Building the future, today.”
  • Solana: “Crypto’s Financial Bazaar, brought to life.”
  • XRP: “Real-world utility, made tangible.”
  • ADA: “Flexible, scalable, now solid.”

Like the others, the XRP installation showcases the asset’s logo prominently displayed in New York City, symbolizing its real-world relevance amid institutional adoption.

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XRP installation in NYC

XRP Holds 5.45% Weight in the GDLC Basket

Grayscale’s physical rollout aligns with the recent launch of the Grayscale CoinDesk Crypto 5 ETF (GDLC), which debuted on September 19, 2025. The fund tracks a basket of the largest digital assets in the market.

Notably, it is the first U.S.-listed ETP designed to provide exposure to multiple crypto assets through a single regulated product. As of today, the fund’s composition is:

  • Bitcoin (BTC): 75.53%
  • Ethereum (ETH): 15.20%
  • XRP: 5.45%
  • Solana (SOL): 3.08%
  • Cardano (ADA): 0.74%

The addition of XRP with a 5% weight further highlights its growing recognition among institutional investors and its inclusion within diversified crypto investment vehicles.

Screenshot 2025 11 15 at 75432 am
Grayscale GDLC

Fund Structure and Market Performance

The GDLC ETF tracks the value of the crypto assets it holds using NAV-based pricing, allowing investors to gain exposure without having to store or manage the crypto themselves. Coinbase Custody Trust Company safely holds the assets for the fund.

As of November 14, 2025, GDLC reports:

  • AUM (non-GAAP): $579,304,467
  • Net Asset Value (NAV) per share: $44.88
  • Market price: $44.85
  • Daily volume: 980,645 shares
  • 1-day NAV change: –$1.52 (–3.28%)
  • 1-day market price change: –$1.45 (–3.13%)
  • Premium/discount: –0.07%

Despite recent market volatility, the fund has maintained tight pricing relative to NAV, showing healthy market quality for a multi-asset crypto ETF.

Grayscale’s move to create physical displays of the assets in its ETF is one of the most noticeable crypto marketing efforts lately. By showcasing Bitcoin, Ethereum, Solana, XRP, and ADA across New York City, the company is clearly pushing for mainstream awareness of digital assets.

For XRP holders, the focus on “real-world utility made tangible” highlights the asset’s growing role in institutional investment products.

Notably, beyond GDLC, Grayscale is also pursuing a stand-alone XRP spot ETF. With the end of the U.S. shutdown, the product could go live in the coming days. 

Here’s the Possible XRP Price if 7 XRP ETFs Get $600M Monthly Inflows for a Year

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How could the XRP price react if the seven spot XRP ETFs command $600 million worth of monthly inflows for up to 12 months?

The first purely spot-based XRP ETF, the Canary Capital XRP ETF (XRPC), has launched, and its debut performance was nothing short of impressive. Specifically, XRPC recorded over $58 million in trading volume and up to $245 million worth of net inflows, just 8% short of BlackRock’s Ethereum ETF day 1 record.

Bullish Prospects of XRP ETFs

This bullish showing has rejuvenated discussions around the potential impact of XRP ETFs on XRP price, should the other products awaiting their launch dates also boast similar performance. For context, there are still six more spot XRP ETFs from issuers such as Grayscale, Bitwise, 21Shares, and Franklin Templeton, looking to launch.

Notably, if each of these six products records just 50% of XRPC’s debut figures, they would collectively bring in $735 million worth of capital into the XRP market on their first trading days. However, this is unlikely to be the outcome, as results for each product would largely vary, based on investor appetite and demand.

Considering the prospect of all seven spot XRP ETFs drawing in massive capital, we recently evaluated how much the price could react if they all record $200 million worth of net inflows each month for up to a year. For perspective, this is only 2.4x the $245 million XRPC observed on its first day alone.

Notably, if the products see $600 million every month for 12 months, this will result in cumulative net inflows of $7.2 billion over a year, lower than the $10 billion Canary Capital CEO Steven McClurg predicted for the products in their first month.

Possible XRP Price

However, it remains unclear how this could impact XRP price due to multiple factors such as market conditions, inflow multipliers, and sell-side pressure. As a result, we considered a modest 100x multiplier, which would lead to an additional market cap of $720 billion for XRP from the $7.2 billion inflow. 

With XRP currently boasting a market cap of $137 billion, an additional $720 billion would result in a new market valuation of $857 billion. Considering the 60 billion tokens currently in circulation, a market cap of $857 billion would translate to a price of $14.2 per XRP.

While consistent inflows for a year may seem impractical, Ethereum ETFs recently came close to achieving this feat. For context, from November 2024 to October 2025, Ethereum ETFs saw only one month of net outflows, which came up in March 2025, when the products recorded capital outflows worth $403.37 million.

The other 11 months saw considerably large inflows ranging from $60 million to $5 billion. Within this period, Ethereum ETFs saw a cumulative net inflow of $14.7 billion. However, this did nothing for Ethereum’s price due to other market factors. This confirms that while it could be possible for XRP to record such inflows, the impact on price may be minimal.

Ripple Shares Crucial Warning to XRP Holders After Swell

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Following the success of its Swell conference, Ripple has issued an important reminder to the XRP community on X. 

The Ripple Swell conference, held earlier this month, was a major success, drawing leading financial stakeholders from around the world. During the event, several significant developments were unveiled, including a landmark $500 million funding deal involving major institutions such as Pantera Capital, Brevan Howard, Fortress Investment Group, and Marshall Wace, pushing the company’s valuation to $40 billion. 

Ripple Warns About Growing Scam Targeting XRP Holders 

However, even as Ripple hosted one of the most influential events in the crypto sector, scammers were simultaneously active behind the scenes, attempting to exploit unsuspecting investors. Ripple confirmed that it detected this malicious activity during and after the Swell event. 

Specifically, the company emphasized that it had seen numerous fake YouTube live streams during and after Ripple Swell. It is common knowledge that scammers often take advantage of big events or developments involving Ripple. 

During these periods, scammers typically set up fake livestreams that impersonate Ripple executives or showcase fabricated company announcements. These streams often promote fraudulent giveaways, including “doubling” schemes that instruct users to send XRP to a specified address with the false promise of receiving twice the amount in return. 

This malicious activity has surfaced during several major moments in Ripple’s history, including when the company secured its partial court victory against the U.S. SEC. Ripple continues to stress that all XRP “giveaways” are scams, urging its community not to fall victim to such schemes. 

Latest Warning

In its latest notice, Ripple reiterated that it will never ask users to send XRP—whether for giveaways, promotions, or special events, such as the Swell conference. 

 

Ripple has consistently issued similar warnings on its official X account, and several of its executives have publicly denounced these fabricated giveaway schemes as outright scams. In July, the company warned users about a surge in fake YouTube livestreams impersonating Ripple leaders, which urged viewers to join supposed giveaways by first sending XRP to a specified address.

Earlier this month, RippleX, the company’s arm focused on XRPL developments, also warned about deepfake scams targeting unsuspecting community members. The message is clear: any livestream impersonating Ripple executives and soliciting participation in a giveaway should be immediately recognized as fraudulent. 

Analyst Says XRP 230% Recovery Could be Next as it is Mirroring Bitcoin 20% Dump After ETF Debut

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A market analyst believes XRP is following the same pattern Bitcoin observed after its spot ETFs launched, which could lead to an impressive recovery push.

Canary Capital XRP ETF (XRPC) recently launched as the first pure spot XRP-based ETF product, and its performance beat expectations. Specifically, the product saw over $58 million in volume on its debut, the largest for any ETF launch this year. In addition, XRPC brought in $245 million in inflows, only 8% short of the BlackRock Ethereum ETF debut flows.

Despite this impressive performance, the XRP price has not been particularly favorable. For context, on Nov. 13, when the product launched, XRP collapsed 2.78%, building on a bearish run that began on Nov. 11. XRP extended its losses with a 3.37% drop on Nov. 14, eventually losing the $2.3 level, as it closed the day at $2.24.

Bitcoin Price Action After ETF Debut

Now, amid this downtrend, market analyst EGRAG has presented what many XRP investors may regard as a silver lining. According to EGRAG, XRP is following a pattern that Bitcoin (BTC), the OG cryptocurrency, observed immediately after its spot ETFs debuted. Interestingly, if this is true, then XRP could be preparing for a rapid recovery.

EGRAG claimed that after Bitcoin got its first spot ETFs, it initially collapsed by 20%. Market data corroborates this claim. Notably, when the spot products launched on Jan. 11, 2024, the BTC price had hit a peak of $49,000. Despite these products recording massive inflows on their first two trading days, the price of Bitcoin reacted negatively.

BTC Price Action After Bitcoin ETFs Launched
BTC Price Action After Bitcoin ETFs Launched

Surprisingly, BTC collapsed 7.66% on Jan. 12, 2024. At the time, this represented its largest intraday decline in 14 months. By the time this downtrend concluded, Bitcoin had collapsed to $38,518 on Jan. 23, a one-month low. This marked a 21% decline less than two weeks after the spot ETFs launched.

Interestingly, what followed was an explosive recovery. Specifically, from the $38,518 low, the Bitcoin price first soared to a peak of $73,734 by March 2024, representing a 91% increase, before cooling. After a series of upswings and declines, BTC eventually hit a new peak of $126,198 on Oct. 6 before the latest drop. This ATH represented a 227% from the $38,518 floor.

XRP Following a Similar Pattern?

Now, EGRAG suggests XRP may be trailing this path. If this proves true, then XRP could still face steeper declines from here. Data from EGRAG’s chart shows that a 20% drop from the ETF debut price would lead to a low of $2 for XRP. 

Projected XRP Price Action After XRP ETF Debut
Projected XRP Price Action After XRP ETF Debut

However, if its recovery leads to a 230% rebound from that low, this will result in a price of $6.6. Nonetheless, this remains speculative, and XRP may not particularly follow this pattern.

Meanwhile, the $6 target has been a recurring theme within the XRP community. For instance, after the U.S. SEC filed a notice of appeal in the Ripple case in early October 2024, XRP faced a decline. However, EGRAG claimed that even if XRP failed to rally substantially due to the case, the worst-case scenario places its price at $6.5.

Rekt Capital Says This Must Happen for Bitcoin to Preserve Its Bullish Structure

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As Bitcoin (BTC) continues to face short-term downward pressure, expert analysis has revealed crucial levels BTC must hold to preserve long-term bullish momentum. 

In a recent X post, technical analyst Rekt Capital discussed the recent Bitcoin price movements and possible future outcomes. The update came as BTC slipped below the $95,000 levels on November 14, triggering over $1.3 billion in liquidations in a day.

Bitcoin Forms Clusters of Lower Lows at 50-Week EMA

Rekt Capital’s analysis reveals that Bitcoin has been in a downtrend over the past six weeks, following its rejection above $126,000 in October 2025. The move pushed its price down to the 50-week Exponential Moving Average (EMA) line last week, where buyers showed strength, causing a rebound. As seen on a separate chart he shared, the EMA intersected at $101,285 BTC price.

Fueled by optimism surrounding the U.S. government shutdown resolution and other factors, the rebound took BTC above $107,000 on November 11, before bears regained dominance again.

Trading below $95,000 at press time, Bitcoin has now formed clusters of lower lows at the 50-week EMA region. While this has triggered fear and panic selling in the crypto market, Rekt Capital highlighted that similar patterns at the 50-week EMA have always preceded notable Bitcoin price gains.

As highlighted on the accompanying chart, after BTC formed clusters of lower lows at the 50-week EMA between June and September 2024, its price jumped from around $51,000 to surpass $107,000 in December 2024.

The same candlestick pattern played out between February and May 2025. This time, BTC rallied from around $72,000 to its all-time high price of $126,198 in October 2025, per CoinMarketCap’s data.

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BTC Weekly Close to Decide Price Direction

Notably, BTC is trading at $94,830 at the time of writing and is down by 5.1% in the past week. Over the past 24 hours, it has declined by more than 7%. While Bitcoin shows weakness in the short term, Rekt Capital noted that the leading cryptocurrency still has a bullish market structure in its weekly outlook.

However, he stressed that Bitcoin needs to close above this week’s 50 EMA line, else the bullish market structure risks being invalidated.

“Bitcoin needs to Weekly Close above the 50 EMA to preserve bullish market structure,” he wrote. Notably, the 50-week EMA intersects with the Bitcoin price at $101,285. To reclaim this level, BTC has to gain by over 6.8% from current levels.

Eric Trump Says a Major Gold-to-Bitcoin Rotation Is Imminent

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Eric Trump forecasts a dramatic shift in global investment patterns, predicting that Bitcoin will soon draw capital away from gold at an increasing pace.

Speaking at Yahoo Finance’s Invest event, the Chief Strategy Officer at American Bitcoin said the balance between the two assets will tilt “disproportionately” toward Bitcoin as digital assets gain wider acceptance.

Bitcoin Will Overtake Gold as Store of Value

Specifically, Eric noted that investors are moving toward assets that can operate in a digital and fast-paced world. Additionally, he said Bitcoin’s ability to transfer value quickly and cheaply gives it a clear edge over gold. Consequently, he believes the gold-to-Bitcoin ratio will swing heavily in Bitcoin’s favor over time.

He described Bitcoin as a “digital gold” and a modern alternative to traditional stores of value. Gold, he noted, still relies on physical transport and secure storage, which adds cost and inconvenience. By contrast, Eric argued that Bitcoin circumvents these restrictions, making it more appealing to global markets.

Digital Assets Framed as a Global Hedge

Furthermore, Eric said Bitcoin offers protection against inflation, corruption, and weak monetary management. He claimed that these pressures have led investors to invest in cryptocurrencies in recent years.

“This is why Bitcoin adoption continues to grow worldwide,” he noted.

Earlier, in a separate interview with Fox Business in late September, Eric predicted Bitcoin could reach $1 million in the years ahead. At the time, he pointed to its fixed supply of 21 million coins and growing institutional accumulation as major drivers.

American Bitcoin (ABTC) Rapid Expansion

Eric Trump and his brother Donald Trump Jr. co-founded American Bitcoin (ABTC), a mining company that went public in September. The firm now has a market valuation of nearly $4 billion.

Eric highlighted a recent merger with Gryphon Digital Mining, saying the move will boost production capacity. However, critics argue the combined firm could face greater risk due to crypto’s price swings.

Even so, Eric said ABTC has become one of the nation’s major Bitcoin accumulators only months after its launch. He stated the firm is currently the 25th-largest public company holding Bitcoin in the United States.

Eric also drew attention to ABTC’s mining operations in West Texas. He claimed the firm mines Bitcoin for about half of its spot price due to low energy costs. Therefore, he said this cost structure gives ABTC a competitive edge in an increasingly crowded industry.

Notably, Eric Trump said his move into crypto was driven by repeated disputes with banks, arguing that blockchain limits financial exclusion and counters what he calls the “weaponization” of traditional banking. He added that digital assets could “transform” the U.S. economy by attracting “trillions of dollars” and streamlining outdated financial systems.

Expanding Trump Family Crypto Ventures

Notably, the Trump family also runs World Liberty Financial, a decentralized finance platform. The project manages the WLFI governance token and the USD1 stablecoin. Meanwhile, it has drawn attention for mixing financial services with political influence, raising concerns about transparency.

Michael Saylor Says Hold on for Dear Life as Bitcoin Dip Worsens to $94K

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Michael Saylor has issued a simple yet symbolic message to the Bitcoin community amid today’s deep market sell-off.

In a tweet, he shared an image of himself escaping the Titanic in a lifeboat and captioned it with one word: “HODL,” aka “Hold on for Dear Life.”

The timing of his message coincides with Bitcoin’s ongoing downturn amid heightened fear across the crypto market.

Bitcoin Falls to $94K, Lowest Since May

Bitcoin has now touched lows of $94,500 at press time, marking its lowest price since May and extending a month-long downtrend. The move pushed BTC more than 7% lower in 24 hours. The crypto firstborn is now trading 24.4% below its October peak.

Amid the volatility, more than 280,700 leveraged traders suffered liquidation that wiped out over $1.39 billion in positions. Altcoins followed the same trend, with Ethereum, Solana, and XRP all posting significant declines.

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Bitcoin and crypto in red markets

MicroStrategy Stock Drops 7% as BTC Slides

The crash also weighed heavily on MicroStrategy (MSTR), the world’s largest corporate Bitcoin holder. MSTR stock dropped over 7%, falling to $208 as markets absorbed the combined pressure of Bitcoin’s decline and risk-off sentiment across tech and crypto equities.

The company currently holds 641,692 BTC, worth $60.98 billion at today’s prices. Notably, as of November 1, MicroStrategy’s Bitcoin portfolio was worth over $70 billion.

In other words, Saylor’s post is urging investors to remain steadfast as the market navigates a rocky path with hopes of better days ahead.

Other industry figures are also encouraging investors to look beyond the ongoing dip. Addressing market anxiety, Binance founder Changpeng Zhao reminded traders that downturns are cyclical, noting:

“Every dip, some people think it’s the end of time. Time continues.”

Peter Schiff Reacts

Meanwhile, responding to Saylor’s call to hold BTC, renowned critic Peter Schiff remarked that unless one intends to HODL on a sinking Titanic, it’s wiser to jump ship before it goes down for good.

Interestingly, just yesterday, Schiff warned that BTC holders risk severe losses if Bitcoin breaks below the “critical” $100,000 level, arguing that the “time to get out is running out fast” and that a decisive drop could trigger a market “implosion.” 

He urged investors to move into gold, calling Bitcoin “fool’s gold.”

As usual, Schiff’s pessimistic outlook drew ridicule from the crypto community. Bitcoin supporters often note that he issued similar warnings when the asset traded at $100, $1,000, and $10,000, each time ultimately proving him wrong.

However, while a dip below $100K is ongoing, optimism remains high for a rebound soon.