According to remarks made at Yahoo Finance’s Invest event, Eric Trump told attendees he expects a major shift in how money flows between traditional stores of value and newer digital assets.

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He said Bitcoin’s fixed supply of 21 million coins and growing institutional buying are key drivers. In a separate interview with Fox Business in late September, he forecasted a long-term price target of $1 million per Bitcoin, a prediction that underscores how bullish his view is.

Bitcoin Seen As A Faster Mover Of Value

Eric argued that Bitcoin – which he called the “greatest asset” ever – moves value faster and cheaper across borders than metal that must be hauled and locked away.

He called Bitcoin “digital gold,” and pushed the idea that its code-based supply gives it an advantage over physical bullion.

Based on reports, he also framed crypto as a hedge against inflation, corruption, and weak monetary policy — reasons he said explain rising adoption around the globe.

JUST IN: Eric Trump says a gold-to-Bitcoin rotation is imminent

“The ratio will disproportionately shift to Bitcoin.”

“It’s been the single greatest asset we’ve ever seen.” pic.twitter.com/4TYY1qALlm

— Bitcoin Archive (@BitcoinArchive) November 14, 2025

American Bitcoin’s Rapid Rise

Eric and his brother Donald Trump Jr. co-founded American Bitcoin (ABTC), which went public in September and now carries a market valuation approaching $4 billion.

The firm has expanded quickly after merging with Gryphon Digital Mining. According to Bitcoin Treasuries, ABTC is the 25th-largest public company holder of Bitcoin in the US.

Company officials say their West Texas mines benefit from low energy costs, allowing them to produce Bitcoin at roughly half of the current spot price.

Source: Bitcoin Treasuries

Company Growth And Risks

Growth has been fast, but analysts and critics warn of clear risks. Mining firms gain when prices rise, and they can suffer when prices fall. Some worry that a combined ABTC-Gryphon business faces larger swings in earnings and asset values because crypto markets remain volatile.

There are also concerns about mixing political ties with finance; World Liberty Financial, a Trump family-affiliated project, manages a WLFI governance token and a USD1 stablecoin, and some observers have flagged transparency questions.

A Long Record Versus A Young Network

Gold has centuries of use as a store of value and broad global acceptance. Bitcoin has existed since 2009 and shows rapid price moves that can create big winners and big losers.

Historical data points to sharp shifts: during the 2017 rally, the Bitcoin-to-gold ratio hit record highs before it fell back when prices corrected. That history is often used to remind investors that gains can be followed by steep pullbacks.

The correlation between the two has shifted over time, with each asset responding to different market pressures.

Bitcoin and gold correlation. Source: Newhedge.

What Analysts And Critics Warn

Conflict of interest is one common critique: executives who publicly praise Bitcoin can also benefit directly when their companies hold or mine more coins.

Forecasts that put a single Bitcoin at $1 million are seen by many as speculative rather than certain. Regulatory changes, tax rules, and policy moves in the US or abroad could change market conditions quickly, and those possibilities are stressed by cautious commentators.

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Eric Trump’s stance is clear: he believes capital will shift from gold to Bitcoin over time. Markets will decide if that prediction proves true. For now, both assets remain part of the conversation, each with different risks, costs, and histories that investors must weigh.

Featured image from Alamy, chart from TradingView

Co-founder and Chief Executive Officer (CEO) of Real Vision, Raoul Pal has doubled down on his bullish outlook for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), calling these cryptocurrencies “the greatest macro trade of all time.” Despite recent fluctuations and short-term volatility, Pal argues that the market is positioned for an explosive breakout, which investors should prepare for.

Macro Set-Up For Bitcoin And Ethereum Surge

While Bitcoin, Ethereum, and Solana face a downtrend due to rising volatility, Pal remains steadfast in his optimistic projection, believing that the market is in the greatest macro target of all time. The Real Vision CEO shared a series of thread posts on X (formerly Twitter), highlighting technical indicators and macro factors that would positively influence Bitcoin and Ethereum’s price trajectory.

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Sharing a logarithmic weekly chart of Bitcoin, Pal indicated that Bitcoin had experienced a long-term price uptrend line since 2020, showing a distinct pattern of higher lows. Currently, Bitcoin is moving within a tight trading range, which Pal believes could be bullish, as a strong break above the resistance line could trigger a major run.

Similarly, the Real Vision Co-founder presented a price chart of Ethereum, highlighting that ETH is currently consolidated within a symmetrical triangle, signaling the potential for a price breakout. Typically, a symmetrical triangle pattern is seen as a bullish signal for ETH, but considering its recent underperformance compared to cryptocurrencies like Bitcoin and Solana, a strong bullish breakout remains skeptical.

Looking at the symmetrical triangle, a breakout from the upper trendline could see the Ethereum price skyrocketing to $4,000 or even higher based on Pal’s chart. Additionally, the Solana price, which has been seeing varying momentum lately, has tested a key horizontal resistance multiple times, forming a strong accumulation base. Historically such consolidation phases tend to precede explosive rallies, provided that broader market trends remain favorable. 

In his post, Pal encourages traders to “zoom out” , likely suggesting a shift from short-term fluctuations to long term cycles. He warned against excessive leverage and risk-taking to avoid liquidation in volatile conditions. He also urges traders to remain patient, watching how the market unfolds and preparing ahead of a potential bullish surge. 

Market Volatility Raises Fear

In his analysis, Pal suggested that the broader crypto market is currently plagued by fear and panic, as volatility rises and crypto prices experience a downtrend. He explains that a significant portion of crypto investors or traders are currently bearish. 

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This could be due to the fact that following Bitcoin’s price crash to below $100,000 after the announcement of Donald Trump’s tariff plans, many altcoins also declined severely, with Ethereum, Dogecoin, and Solana being among the top losers. 

Due to this market change, many in the market had sold off their tokens to avoid further losses. Despite this bearish trend, Pal maintains an optimistic outlook, expecting a strong surge for Bitcoin, Ethereum, and Solana.

Featured image from Unsplash, chart from Tradingview.com

One of the greatest elements of Cardano is the incredible community of communities out there, helping people to learn about Blockchain and how they can build entirely new business models.#CardanoSummit2022 is a chance to celebrate them.#BuildingOnCardano https://t.co/lypG5R0VGE— Cardano Community (@Cardano) September 24, 2022

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Dogecoin: one of crypto’s most hyped coins. It seems as if it is always in the mouths and minds of young investors. Moreover, more notable investors have praised the coin both for its comedic origins and as a viable “medium of exchange.”

But what exactly is this comical fad? Additionally, what does it have to do with a Shiba Inu? Why is it that both Mark Cuban and Elon Musk are promoting this coin despite the fact that it literally started as a joke? The answers may surprise you.

The Origins Of Dogecoin

If you have heard the rumors, it is true: Dogecoin, quite literally, is a joke coin. Billy Marcus, a co-creator of Dogecoin, initially minted the coin in 2013. Bragging to CNBC, he says the coin was created in, “about two hours.”

The original Doge meme in its glory | Source: Wikipedia

Originally made as a parody of Bitcoin, and based off of the popular “doge meme,” Dogecoin spread like wildfire in the world of crypto. From Investopedia, “Jackson Palmer, a product manager at the Sydney, Australia office of Adobe Inc., created Dogecoin in 2013 as a way to satirize the hype surrounding cryptocurrencies. Palmer has been described as a “skeptic-analytic” observer of the emerging technology, and his initial tweets about his new cryptocurrency venture were done tongue-in-cheek.”

Related Reading | Latest News On Dogecoin, Trends And Analysis

Later on, Marcus reached out to Palmer to create a new cryptocurrency. When Marcus’ desire to create a crypto and Palmer’s scrutiny towards crypto met, Dogecoin was born.

From Investopedia, “Markus based Dogecoin’s code on Luckycoin, which is itself derived from Litecoin, and initially used a randomized reward for block mining, although that was changed to a static reward in March 2014. Dogecoin uses Litecoin’s scrypt technology and is a proof-of-work coin.”

Who Is Behind The Hype?

As you have probably heard by now, Elon Musk, now crowned “Daddy Doge” by many crypto enthusiasts, has been a huge supporter of the coin. In an SNL skit called “Weekend Update,” Musk is seen participating in a comical bit featuring the coin. As the skit ends, Musk is seen yelling, “To the Moon!’ The studio audience is heard cheering following Musk’s remark. As a result, Dogecoin saw a spike in their prices shortly after Musk’s appearance on SNL.

Related Reading | Every Doge Has Its Day: Dogecoin Founder Buys Back Into DOGE

Mark Cuban, a multi billionaire investor, is also a huge supporter of the coin. As of recently, Cuban pitched in on his thoughts for Dogecoin, “It’s a medium that can be used for the acquisition of goods and services. The community for doge is the strongest when it comes to using it as a medium of exchange.” Despite this remark, Cuban has faced scrutiny over the fact that he owns less than $500 in the coin.

What Is Next?

Just recently, notable figures have joined the Dogecoin Foundation. Vitalik Buterin, Ethereum’s founder, has just joined the team. Additionally, Jared Birchall, head of Musk’s family office, has joined the team as well.

Will this joke coin reemerge to comical heights? Recent drop amist crypto gains suggests otherwise | Source: DOGEUSD on TradingView.com

Despite a recent drop in prices, the team remains optimistic. According to Yahoo, “Now, the group is looking for three years’ worth of funding to hire a staff and work on Dogecoin full-time.” As always, the future is uncertain, but recent changes to the group can most definitely be viewed as a positive for Dogecoin investors.

Featured image from iStockPhoto, Charts from TradingView.com

On Sunday (August 15), billionaire investor and entrepreneur Mark Cuban explained why he remains bullish on popular meme-based cryptocurrency Dogecoin ($DOGE).

Dogecoin was initially released on 6 December 2013, as a “fun and friendly internet currency.” It was created by Billy Markus and Jackson Palmer. It is “a decentralized, peer-to-peer digital currency” that has as its mascot “Doge”, a Shiba Inu (a Japanese breed of dog).

Since then, its popularity has substantially increased, especially this year, mostly thanks to support by billionaires Elon Musk (the CEO of Tesla and SpaceX) and Mark Cuban, to the point that it is currently the seventh most valuable cryptocurrency, with a market cap of over $45 billion.

Back in February, Dogecoin creator and co-founder Billy Markus wrote about $DOGE in an open letter published on Reddit (on subreddit “/dogecoin“).

This is what he had to say about the birth of Dogecoin:

“As you may have heard, it was indeed created for sillies after Jackson Palmer made an flippant tweet about it that idea being the ‘next big thing’ and I threw it together, without any expectation or plan. It took about 3 hours to make, with the bulk of that time making alterations to the client to make the text Comic Sans and some custom graphics and wording for different pieces of the UI.“

As for Cuban, he is the majority owner of the professional basketball team Dallas Mavericks, as well as one of the “sharks” on the highly popular reality show “Shark Tank” (which is aired on the ABC television network in the U.S.).

On March 4, crypto payment processor BitPay announced via a press release that it was allowing merchants to accept Dogecoin, the internet’s favorite meme cryptocurrency, for payments, and that “the Dallas Mavericks would be the first to accept Dogecoin.”

On March 27, Cuban had this to say during an interview on “The Ellen DeGeneres Show” about investing in the world’s most popular meme cryptocurrency:

“Dogecoin is a cryptocurrency that was created as a joke in 2013 by these two programmers, and they just made it to mess around. And then, probably two years ago, people started talking about the meme online, and started buying it and probably within the last six months the number of people buying it has just skyrocketed into the millions, and the value has gone up incredibly, and I’ll give you an example.

“My son and I bought some for less than a penny. Jake is 11 years old, but you know $30 worth, I think it was, at less than a penny. Then it went up to six cents. He bought a little bit more. Then it went up to 40 cents, and now it’s about 26 cents. So,the question everybody wants to know — is Dogecoin a good investment?

“And here’s the reason I got Jake into it. It’s not necessarily the best investment you can make, but you can buy it on Robinhood, and signing up and trading on Robinhood is free. So, that’s one thing. The second thing is it’s about 26 cents for Dogecoin. So, if you would go and spend $5, $10, $15, that’s a better bet, better investment, than buying a lottery ticket, and you know what? It could go up, and the second part about it is if it doesn’t go up and you want to spend it, you can buy merchandise on the Mavericks store, hopefully soon on the Ellen shop, so it’s also becoming a digital currency, which is crazy if you think back to its origins…

“Overall, when someone brings up Dogecoin to you and asks you if it’s a good investment, I wouldn’t say it’s the world’s best investment, but it’s a whole lot better than a lottery ticket, and it’s a great way to learn and start understanding cryptocurrencies.“

Then, on May 3, while trying to explain in a tweetstorm “why crypto assets have value”, he made the following comments about Dogecoin:

“Meme coins like Doge only work if they gain utility and users use them for that utility. As long as you can spend Doge, because we know it’s annual inflation rate is set at 5b coins, it can gain SOME value as the utility grows. It becomes like any other currency…

“As long as more companies take doge for products/services, then Doge can be a usable currency because it MAY hold its purchasing value better than a $ in your bank. If interest rates skyrocket or the amount spent falls or stagnates, so will Doge. Yes, a joke is now legit…“

Well, yesterday, Cuban was once again explaining why he continues to remain bullish on Dogecoin.

Here is how he explained on Twitter what he finds appealing about $DOGE:

“The point about DOGE that people miss is that DOGE’s imperfections and simplicity are it’s greatest strengths. You can only use it to do 2 things: Spend It or HODL It. Both are easy to understand. And it’s cheap to buy. Which makes it a community anyone can join and enjoy.“

He went on to explain what makes $DOGE stand out from the crowd of thousands of altcoins that are out there:

“Difference is community. That is what makes DOGE work. With out the community it’s nothing. But that also the same for all popular crypto. Wo a network effect BTC is nothing“

According to data by TradingView, currently (as of 12:30 UTC on August 16), DOGE-USD is trading at $0.3440, up nearly 16% in the past 24-hour period (and up 88.80% in the past one-month period).

DISCLAIMER

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.