🪙Eric Trump loves Bitcoin and predicts $1,000,000
At the Bitcoin Asia conference in Hong Kong, Eric Trump stated that the family “loves” the Bitcoin community and believes in BTC growth to $1 million. Reminder: in mid-August, Bitcoin reached a record $124,480, and is currently trading around $110,554.
💰Trump launches crypto empire worth $6.4 billion
Trump Media Group together with Crypto.com creates the Trump Media Group CRO Strategy, which will use the CRO token as a utility token, include $1 billion in CRO, $200 million in cash, $220 million in warrants, and a $5 billion credit line. CRO surged more than 115% after the news.
✍️Ether surpasses all-time high of 2021
Ether reached a new peak—$4,945, higher than all values in 2021. The market capitalization of Ethereum is close to $600 billion, driven by institutional investments, ETFs, and investor optimism.
🍀California Governor announced meme coin parody
Gavin Newsom is set to release his meme coin parodying Trump's crypto initiatives. The new token will be part of a satirical campaign on the “Patriot Store” platform with a name like “Trump corruption coin.”
🛡Asia embraces crypto: million-dollar funds and family offices
Family offices across Asia are increasingly adding cryptocurrency to their portfolios. A crypto fund launched in Singapore has raised over $100 million; Chinese investors plan to increase their share to ~5%. Bitcoin is already near $124,000—a sign of strong growth.
😨Do Kwon accused of $40 billion fraud
The founder of Terraform Labs, Do Kwon, is accused by U.S. authorities of fraud related to the collapse of TerraUSD and Luna—estimated damages are around $40 billion. Reports suggest he may plead guilty.