The American Bitcoin company, backed by US President Donald Trump and his son Eric Trump, has quietly collected 215 BTC as part of its Bitcoin accumulation strategy launched in April. This amount is over $23 million according to the current market value. The accumulation in question stands out as a significant reserve that the company has not previously disclosed to the public.
American Bitcoin launched in March, and Eric Trump serves as the company's chief strategy officer.
“Our vision for American Bitcoin is to create the most investable BTC accumulation platform on the market,” Eric Trump said in a statement.
The Trump administration has vowed to make the U.S. a global leader in cryptocurrency while also announcing it would take a lighter regulatory approach, but the moves have been criticized by ethics experts and political opponents over concerns about conflicts of interest.
American Bitcoin said it considers its BTC reserves a “core strategic asset” and that it is being managed adaptively. The firm’s goal is to bolster its balance sheet strength and increase long-term shareholder value.
The company’s accumulation strategy is not a specific BTC target, but instead plans to expand its assets by increasing capital according to market conditions. The company stated that “BTC accumulation is not a byproduct of ABTC’s business; it is the business itself,” and announced that their Layer 2 strategy aims to transform Bitcoin production into long-term ownership.
Bitcoin Bull Michael SaylorShares His Thoughts: “The Crypto Winter Will Never Come Again”
MicroStrategy Chairman Michael Saylor said in a statement to Bloomberg Crypto that the “crypto winter” will not return. Saylor argued that Bitcoin has overcome its riskiest periods and is heading towards $1 million.
Saylor said in an interview with Bloomberg anchors Katie Greifeld and Matt Miller:
“The crypto winter will not return. We are past this phase. Bitcoin will not go to zero; it is going to $1 million. We have enough data to prove it.”
According to Saylor, the support from the US government indicates Bitcoin’s long-term success. Noting the positive approach of cabinet members, former SEC officials and CFTC representatives towards digital assets, Saylor said, “Now banks will also store Bitcoin.”
Saylor also said that the supply of Bitcoin has become limited, and that only 450 Bitcoins are sold by miners per day, which corresponds to a daily sales volume of approximately $50 million. According to Saylor, this volume is enough for the market to move upwards:
“Companies that hold Bitcoin treasuries are buying the daily natural supply alone. BlackRock and ETFs are also buying. Moreover, even governments are now entering this space.”
Saylor said that when the price of Bitcoin reaches $500,000 or $1 million, a drop may be possible, but such a scenario is not possible at current price levels.
Binance is excited to announce the 21st project on the HODLer Airdrops page – Resolv (RESOLV), a protocol maintaining USR, a stablecoin natively backed by Ether (ETH) and Bitcoin (BTC) and pegged to the US Dollar.
Users who subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products from 2025-05-28 00:00 (UTC) to 2025-05-31 23:59 (UTC) will get the airdrops distribution. The HODLer Airdrops information is estimated to be available in 5 hours, and the new token will be distributed to users’ Spot Accounts at least 1 hour before trading starts.
Binance will then list RESOLV at 2025-06-11 14:30 (UTC) and open trading against USDT, USDC, BNB, FDUSD, and TRY pairs. The seed tag will be applied to RESOLV. Users can start depositing RESOLV in 1 hour after this announcement.
*Please note that users can trade RESOLV on Binance Alpha Market now, but RESOLV will no longer be showcased on Binance Alpha after spot trading opens.
Caution: App Accused of Seizing Cryptocurrency from Users Who Have Not Moved Their Assets for a Year
Alby, a platform popular among Bitcoin users, has been accused of withdrawing funds from some inactive Bitcoin wallets without user permission, according to community feedback.
According to allegations, all balances in shared wallets belonging to legacy Alby accounts, which had not made any transactions for 12 months, were reset by Alby.
In the terms of use section on Alby's official website, it is stated that if shared wallets belonging to old accounts created in 2023 and before are not processed for 12 months, the remaining balances may be taken by the platform. Alby states that it implemented this practice in order to “facilitate the management of inactive accounts.”
While the company claims that it has been informing users about this for a long time, community members argue that there was a lack of sufficient and clear warnings. The controversial policy only covers old inactive Alby accounts and does not affect active accounts, Alby Hubs, fee credits, or other connected wallets. Alby is a browser extension used to send and receive Bitcoin payments on the Bitcoin Lightning Network using a regular browser.$WCT $BTC #BinanceHODLerRESOLV #Tradersleague #BTC110KSoon?
Bitcoin Doesn’t Need the US, the US Needs Bitcoin”
Cryptocurrency analyst Simeon Koch, in his latest analysis, drew attention to the strategic importance of Bitcoin for the economic and geopolitical future of the United States.
According to Koch, Bitcoin has become indispensable not only for individual investors but also for the US government. Koch examined Donald Trump’s drastic change in attitude towards Bitcoin. Describing Bitcoin as a “valueless bubble” in 2019, Trump signed a decree in the White House declaring Bitcoin a “strategic state reserve” after his re-election in 2024. Koch argues that this change is not random but part of a deliberate plan. The economic part of this plan is that Trump’s family runs a crypto fund, invests in Bitcoin mining and makes millions with their own memecoins. But that’s not the real issue, Koch says.
Alongside Trump, Larry Fink, CEO of BlackRock, the world’s largest asset manager, has also completely changed his view on Bitcoin over the years. While Fink once described Bitcoin as a “money laundering index,” he began to describe it as a “financial revolution” by 2023. Koch says that these changes in attitude are not so much about personal gain but rather an effort to maintain the US’s economic leadership. The US’s global supremacy is based on three pillars: the dollar being the global reserve currency, the high demand for US bonds and technological leadership. Bitcoin and crypto markets have the capacity to play a strategic role in all three of these areas.
Since 2020, the US government debt has increased from $23 trillion to $36 trillion, while the money supply has increased from $1.8 trillion to $2.4 trillion. Koch says that this level of debt would have long ago bankrupted any other country, but the US has been able to carry the burden thanks to the dollar’s global position.
This is where the crypto market comes in. The stablecoin market is a huge liquidity pool with a size of around $250 billion. Large issuers like Tether back most of their reserves with US Treasury bonds. This gives the crypto sector an important role in indirect financing of US debt.
Citing Standard Chartered’s analysis, Koch argues that the stablecoin market could reach $2 trillion by 2028, in which case stablecoin issuers alone would own 15% of U.S. bonds.
According to Simeon Koch, Bitcoin and crypto markets in general have become not only an investment tool, but also a lifeline for the sustainability of the US economy. The shift towards crypto by both political and financial elites is not only due to individual interests, but also systemic needs.
As a result, Koch says the U.S. needs Bitcoin more than ever to maintain its economic stability and global leadership: “This is no longer an option, it’s a necessity.”
Just a few years ago, many US officials viewed the growing power of stablecoin issuers in the bond market as a threat to the national budget. But the picture has quickly changed. Today, the crypto industry is supported by regulatory frameworks and encouraged to grow, provided, of course, that major players like Tether and Circle remain loyal to the US and its dollar.
To strengthen this connection, a new bill called the “GENIUS Act” is currently being discussed in the US Congress. According to the bill, stablecoin issuers will be required to back the majority of the digital assets they issue with US Treasury bonds.
The idea behind this strategy is clear: The more bonds stablecoin companies buy, the more easily the US can finance its budget deficit. At the same time, the fact that these companies hold large amounts of dollar reserves allows excess liquidity to be drawn out of the system, giving the US Federal Reserve more leeway to stimulate the economy by printing new dollars.
According to Koch, Trump and his team have a clear understanding that the crypto market is not only a “liquidity sponge” against inflation, but also a loyal buyer of US debt. Therefore, the government’s welcoming approach to the crypto market is a natural consequence of this conscious strategy.
According to the analyst, Donald Trump’s goal of making the US a global crypto leader also fits perfectly with this equation. The stronger the blockchain, the more transactions are made in US dollars. This means more dollar reserves are drawn into the system.
If the dollar’s dominance in the crypto market is maintained, the US could also offset potential losses in the petrodollar system. For decades, the dollar’s dominant role in oil trading has been a cornerstone of US economic dominance. Now, crypto has the potential to take on that role.
But this new collaboration is a double-edged sword: the crypto market is both gaining more traction and demand, and increasing its reliance on US-centric monetary policies and bonds. According to Simeon Koch’s analysis, Trump’s call to “never sell your Bitcoin” stems not from a crypto belief, but from a cold-blooded geostrategic calculation.
#CryptoRoundTableRemarks The latest Crypto Round Table — and the conversations were anything but surface-level. From DeFi’s evolving landscape to regulatory foresight, it’s clear the industry is maturing fast.
Key takeaways:
⚖️ Regulation isn't the enemy — it's the framework for trust.
🌐 Interoperability is the next battleground. 📈 Institutional adoption is no longer a "what if," it's a "how fast."
Grateful for the sharp minds, bold ideas, and honest dialogue. If the future of finance is being written now, this was one of the drafting rooms.
🧠 What are your thoughts on where crypto is headed?
#NasdaqETFUpdate Stay informed with the latest movements and insights on Nasdaq-related Exchange-Traded Funds (ETFs): Key Nasdaq ETF Performances:
1. Invesco QQQ Trust Series 1 (QQQ) – Tracks the Nasdaq-100 Index (NDX), currently trading at $530.70, up 0.15%.
2. Invesco Nasdaq 100 ETF (QQQM) – Priced at $218.52, with a 0.17% gain. 3. Nasdaq 100/USD (NAS100/USD) – Now at $21,817, reflecting a 0.08% increase. Other Notable Nasdaq ETFs and Stocks: JPMorgan Nasdaq Equity Premium Income ETF (JEPQ): $52.80, up 0.19% Nasdaq Inc. (NDAQ): $85.65, up 0.05%
#MarketRebound 🚨 This is the WORST time to flip bearish on Crypto! 🚨 ✅ Golden Cross ✅ Retest ✅ Breakout Structure The entire crypto market is setting up for something BIG. We're not at the top... we're at the beginning of the next leg up. 📊 Don't sleep on this setup. You’ll regret fading this signal. 👉😎💣💥👉🚀 Follow me to stay ahead of the move before everyone else catches on. Let’s ride this wave together. 🌊🚀
#TradingTools101 If you're trading crypto and you don't use any technical indicators, you're playing as if you're asleep. 👀 I'll explain 3 indicators that will help you better understand the market and increase your chances. 👌 RSI: Relative Strength Index Simply put, this indicator tells you that there are people in this currency.
Sell order suicide squad gives out heads The sell order wall at 2798.4 is as high as a mountain, the early morning false breakout at 2784.36 was actually a trap to lure in buyers! Crow Brother's firsthand experience: Last month's same position lured in buyers and then smashed down by 12%, liquidating 320 million dollars!
Buy order trap reveals its true form
Buy orders are thin in the 2778-2784 area, with buy orders at 2706.14 only 1/3 of sell orders - false support, true smash!
The watershed determines life and death Break above 2784.36 and hold for 30 minutes = target 2798.4 coffin board - Break below 2706.14 = waterfall switch activated, 2600 is a must! [New Combat Instructions]
Strictly adhere to the data in the chart, error <0.1%!
Air Force Assault Team: Short at the current price of 2784.36, stop loss at 2798.5 (nailed on the coffin board) Bull market coffin fund: Short immediately after breaking 2706.14, target 2600 (true vacuum area for buy orders in the chart) Spot Bodhisattva: Want to catch the bottom? Place orders at 2600! 2706? That’s a shroud! $ETH #加密市场反弹
According to a statement by the DeFi Education Fund, the U.S. Securities and Exchange Commission’s (SEC) Cryptocurrency Working Group held a roundtable discussion today titled “DeFi and the American Spirit.”
Delivering the opening speech of the meeting, SEC Chairman Atkins highlighted the compatibility of decentralized finance (DeFi) with American values.
“American values such as economic freedom, property rights, and innovation are at the core of the DeFi movement,” Atkins said.
In his speech, Atkins said that software developers who develop neutral tools cannot be held responsible for the actions of third parties, and used the following statements:
“Engineers should not be subject to federal securities laws simply because they publish software code. As one court has stated, when a third party illegally uses an autonomous vehicle for their own benefit, you hold the perpetrator responsible, not the vehicle manufacturer. The same principle should apply to DeFi.”
Binance Released Its Latest Reserve Report! How Much Bitcoin, Ethereum, XRP and Altcoin Does It Hold
Binance, the world's largest cryptocurrency exchange, announced the proof-of-reserve system to regain the decreasing trust in Bitcoin exchanges after the sudden bankruptcy of FTX.
In this context, Binance, which publishes reserve reports at regular intervals, has published the 31st Report (snapshot date June 1) of its reserves.
According to Binance’s official website, the reserve ratio (Binance holdings divided by user assets) for major cryptocurrencies is overcollateralized.
Apart from Bitcoin (BTC), the report includes USDT, Ethereum (ETH), BNB, Solana (SOL), FDUSD, ENJ, 1INCH, CRV, MASK, HFT, BUSD, BOME, FORM, Hedera (HBAR), NEAR, Pepecoin (PEPE), S, SUI, WIF and TRUMP were featured.
Binance’s latest proof of reserves shows that BTC, USDT, ETH, and BNB reserves are overcollateralized by 102.13%; 101.52%; 100.00% and 111.74% respectively.
According to the latest report, users' Bitcoin assets decreased by 1.82% compared to the previous report, falling to 593 thousand BTC; while USDT assets decreased by 0.77%, falling to 28.83 billion.
Trump and Musk Jealousy? What to Expect Next in BTC Price?
The leading cryptocurrency Bitcoin (BTC) fell to the $100,000 level due to the tension between US President Donald Trump and Tesla CEO Elon Musk.
However, after the waters between Trump and Musk calmed down, BTC held on to the $105,000 level and is consolidating within a certain range. Despite the tension, while expectations for an increase continue, analysts said that Bitcoin is holding on at a certain level but is structurally unstable and fragile. HashKey Eco Labs CEO Kay Lu said that BTC is currently trading in a sensitive area with significant support. Lu noted that all it takes is one bearish news event for Bitcoin to suddenly crash and trigger panic selling.
Dominick John, an analyst at crypto trading firm Kronos Research, also noted that the market remains in a wait-and-see mood. Noting that the Crypto Fear and Greed Index is at 55, John added that a macro trigger event or a possible uptrend needs to be confirmed for the rise. At this point, he said that the US Consumer Price Index (CPI) and Producer Price Index (PPI), which are scheduled to be published this week, will determine the near-term direction of Bitcoin and altcoins.
Finally, Presto Research Analyst Min Jung also said that the short-term volatility of Bitcoin and altcoins will be shaped depending on macroeconomic developments in the coming period. “We could see increased volatility in the middle of the week… Any upside surprises in both CPI and PPI calendar and inflation data could impact risk assets in general, including crypto.”