Crypto News Today: TAO Synergies Snags $11M Boost in Crypto AI Bet

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 The Best Crypto Presale in 2025? Solana and ADA Struggle, but Lyno AI Surges With Growing Momentum appeared on BitcoinEthereumNews.com. With the development of 2025, certain large cryptocurrencies encounter continuous issues and a new player secures an impressive advantage. Solana is struggling with congestion, and the ADA of Cardano is still at a significantly lower level than its highest price. In the meantime, Lyno AI presale is gaining momentum, attracting a large number of investors. Solana Faces Setbacks Amid Market Pressure However, despite the hype surrounding ETFs, Solana fell by 7% to $ 203, due to the constant congestion problems that hamper its network functionality. This makes adoption slow and aggravates traders who want to get things done quickly. Recent upgrades should combat those issues but the competition is rising, and Solana continues to lag in terms of user adoption and ecosystem development. Cardano Struggles to Regain Momentum ADA, the token of a Cardano, costs 72% less than the 2021 high and is developing more slowly than Ethereum Layer 2 solutions. The adoption of the coin is not making any progress despite the good forecasts. Analysts believe that the road to regain the past heights is long before Cardano can go back, with more technological advancements getting more and more attention. Lyno AI’s Explosive Presale Growth In stark contrast, Lyno AI is currently in its Early Bird presale, in which tokens are sold at 0.05 per unit and have already sold 632,398 tokens and raised 31,462 dollars. The next stage price will be established at $0.055 and the final target will be at $0.10. Audited by Cyberscope , Lyno AI provides a cross-chain AI arbitrage platform that enables retail traders to compete with institutions. Its AI algorithms perform trades in 15+ blockchains in real time, opening profitable arbitrage opportunities to everyone. Those who make purchases above 100 dollars are also offered the possibility of winning in the 100K Lyno AI…

PANews reported on October 29 that according to Onchain Lens monitoring, the "100% winning rate whale" has completely closed its BTC (13x leverage) long position, making a profit of US$1.4 million. Currently, the whale holds long positions in ETH (5x leverage) and SOL (10x leverage) worth $263 million, with a floating loss of $1.3 million.