North America begins observing daylight saving time today.

Eric Trump on Tuesday described Bitcoin as a “modern-day gold,” calling it a liquid store of value that can act as a hedge to real estate and other assets. Related Reading: XRP’s Biggest Rally Yet? Analyst Projects $20+ In October 2025 According to reports, the remark came during a TV appearance on CNBC’s Squawk Box, tied to the launch of American Bitcoin, the mining and treasury firm he helped start. Company Holdings And Strategy Based on public filings and company summaries, American Bitcoin has accumulated 2,443 BTC on its balance sheet. That stash has been valued in the low hundreds of millions of dollars at recent spot prices. The firm mixes large-scale mining with the goal of holding Bitcoin as a strategic reserve, which it says will help it grow both production and asset holdings over time. Eric Trump’s comments were direct. He told viewers that institutions are treating Bitcoin more like a store of value than a fringe idea, and he warned firms that resist blockchain adoption. The tone was strong at times, and the line about Bitcoin being a modern equivalent of gold was used to frame American Bitcoin’s role as both miner and holder.   Eric Trump has said: bitcoin is modern-day gold — unusual_whales (@unusual_whales) September 16, 2025 How The Company Went Public American Bitcoin moved toward a public listing via an all-stock merger with Gryphon Digital Mining earlier this year, a deal that kept most of the original shareholders in control and positioned the new entity for a Nasdaq debut. Reports show that mining partner Hut 8 holds a large ownership stake, leaving the Trump family and other backers with a minority share. The listing brought fresh attention and capital to the firm as it began trading under the ticker ABTC. Market watchers say the firm’s public debut highlights two trends: mining companies are trying to grow by both producing and holding Bitcoin, and political ties are bringing more headlines to crypto firms. Some analysts point out that holding large amounts of Bitcoin on the balance sheet exposes a company to price swings, while supporters argue it aligns incentives between miners and investors. Related Reading: Ethereum Bulls Target $8,500 With Big Money Backing The Move – Details Reaction And Possible Risks Based on coverage of the launch, investors have reacted with both enthusiasm and caution. Supporters praise the prospect of a US-based miner that aims to be transparent and aggressive about building a reserve. Critics point to governance questions, possible conflicts tied to high-profile backers, and the usual risks of a volatile asset being held on corporate balance sheets. Eric Trump’s remark that Bitcoin has taken gold’s role in today’s world reflects both his belief in its value and American Bitcoin’s strategy of mining and holding. Whether that view sticks will depend on how investors and institutions respond in the months ahead. Featured image from Meta, chart from TradingView

The post 4 Key Crypto Projects Lining Up Big November Releases appeared on BitcoinEthereumNews.com. Several crypto projects are entering November with key developments that could attract market attention. Lighter, EtherFi, Aerodrome, and Folks Finance are among the projects with key milestones planned. These include new trading features, buyback proposals, and product releases expected in the first half of the month. Sponsored Sponsored Ether.fi (ETHFI) Governance Vote on $50 Million Buyback Concludes Today Ether.fi (ETHFI) reaches a key governance milestone today, November 3, as community voting concludes on a proposal to authorize up to $50 million in ETHFI token buybacks. Under the proposal, the EtherFi Foundation will buy ETHFI tokens from the open market whenever the price drops below $3. The initiative aims to enhance liquidity, stabilize token value, and strengthen long-term holder confidence. “The Foundation intends to progressively expand buy-back capacity in proportion to protocol revenues, particularly while ETHFI remains below US $3, ensuring efficient use of surplus revenue to strengthen market confidence and reduce circulating supply,” the proposal reads. All buyback transactions will be publicly reported. If approved, the initiative will take effect immediately. The vote comes at a critical moment for ETHFI. BeInCrypto Markets data showed that the altcoin has dropped more than 46% over the past month. At the time of writing, ETHFI was trading at $0.93, representing a 7.29% decline over the past 24 hours. ETHFI Price Performance. Source: BeInCrypto Markets A successful buyback could help stabilize the token’s price and restore investor confidence amid ongoing market volatility. Without approval, ETHFI may remain vulnerable to further downside pressure. Sponsored Sponsored Folks Finance Schedules FOLKS Token Launch Folks Finance, a cross-chain decentralized finance protocol, will debut its native FOLKS token on November 6. At the Token Generation Event (TGE), FOLKS will launch using the Wormhole NTT cross-chain standard. The token will act as the central element of protocol governance, enabling community…

The post Donut Labs secures $22M for AI crypto trading browser, gaining 160K waitlist users appeared on BitcoinEthereumNews.com. Key Takeaways DonutBrowser secured $22 million in funding to develop its AI-powered crypto browser. The platform focuses on real-time trading and on-chain execution. Donut, a startup creating an agentic crypto browser designed for real-time trading and on-chain execution, has secured $22 million in funding, according to a Monday announcement. The platform has attracted 160,000 users to its waitlist. The browser incorporates AI agents that analyze market context and facilitate trades directly within the interface. Donut positions itself as a continuously learning trading partner that adapts to user behavior for personalized strategies. The platform aims to address latency issues in fast crypto markets by enabling real-time execution through its agentic browser features. Source: https://cryptobriefing.com/donutbrowser-raises-22m-ai-crypto-browser/