According to bitcointreasuries, American Bitcoin owns 2,443 bitcoins, ranking 25th among publicly listed companies. American Bitcoin Corp (stock code ABTC) surged to $13.2 yesterday and then fell back to $8.04 at the close, a single-day increase of 16.52%. Trump's second son, Eric Trump, owns about 7.5% of the company's shares, which is worth about $540 million based on yesterday's closing price.
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Powell's dovish speech heightened market expectations for a rate cut, directly igniting sentiment. ETH was the first to break a new all-time high, instantly heating up the market.
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Two senators pointed out in a joint letter that even if Meta no longer independently issues a stablecoin, it may still pose systemic financial risks and privacy concerns by bypassing regulations through subsidiary structures, maintaining control over key areas such as accounts, payment gateways, and data.
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