Eric Trump’s Bitcoin Million Dollar Dream: A Roald Dahl Twist 🍭💰

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Imagine, if you will, a world where Eric Trump, the son of the ever-so-magical Donald Trump and the co-founder of the enchanting American Bitcoin (ABTC), declares with a twinkle in his eye that there is “no question” Bitcoin will soar to a million dollars in the next few years. It sounds like something straight out of a whimsical tale, doesn’t it?

Now, let me tell you, dear reader, that Mr. Trump, with his hair as golden as the coins he so fervently believes in, made this grand proclamation at the Bitcoin 2025 Asia conference in the bustling city of Hong Kong. He said:

“You’ve got nation states that are buying the hell out of Bitcoin. You’ve got Fortune 500 companies that are buying the hell out of Bitcoin. You’ve got the biggest families, you’ve got the biggest companies on Earth that believe in this digital store of value. Everybody wants Bitcoin. Everybody is buying Bitcoin. That’s an incredible thing, and that’s why I’ve always said that I really believe in the next several years, Bitcoin will hit $1 million. There’s no question that Bitcoin hits $1 million.”

And just like that, with a wave of his hand and a sprinkle of pixie dust, he convinced everyone that the future of Bitcoin is as bright as the sun on a cloudless day. But, oh wait, there’s more! Despite the fact that financial institutions and the wealthy elite are already knee-deep in this digital treasure, Trump insists that we’re still just the early birds. The majority of the world hasn’t even tasted the nectar of this digital flower yet!

Gryphon Approves Merger with American Bitcoin Amid Slight BTC Drawdown

But let’s not forget about the magical merger between Gryphon Digital Mining and American Bitcoin (ABTC). The shareholders of Gryphon, a company as mysterious as a hidden treasure chest, have given their nod of approval for this reverse merger. Once the deal is finalized, they’ll be trading under the ABTC ticker, and the stock will relist on the Nasdaq exchange in September. It’s like a fairy tale come true!

Since May 2025, when the deal was first announced, Gryphon’s stock has soared higher than a kite on a windy day, rising by about 231%. And just yesterday, it shot up by over 42%, as if the market itself was cheering for the merger.

However, amidst all this excitement, Bitcoin experienced a slight hiccup, dropping by nearly 13% from its all-time high price of about $124,500 on August 14. It’s as if the market decided to take a little nap after all the running around. Bitcoin’s price has now dipped below the 50-day exponential moving average (EMA), which might suggest a bit more pressure to the downside in the short term. But fear not, for the wise analysts and industry leaders are still predicting a bright and shiny future for our beloved digital currency. 🌟

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2025-08-31 01:42