Cryptocurrency business drives Trump's eldest son's net worth to about $300 million in a year The personal wealth of Donald Trump Jr., the eldest son of Trump, has skyrocketed from approximately $50 million in 2024 to around $300 million currently, mainly due to Donald Trump Jr.'s layout in the cryptocurrency field. World Liberty Financial has sold approximately $1.4 billion in tokens, and Donald Trump Jr. is expected to receive approximately $80 million in cash proceeds. The stablecoin business and unlocked tokens will bring approximately $19 million in appreciation and $34 million in value to Donald Trump Jr., respectively. Donald Trump Jr.'s stake in American Bitcoin, a Bitcoin mining company, is valued at nearly $80 million, and his SPAC also brings about $20 million in appreciation.

In the past five years, the trading price of ETH has only been very close to the realized price of a whale holding at least 100000 ETH four times. （CryptoQuant）

Bitcoin and Ethereum options worth $4.3 billion will expire today. （Watcher.Guru）

[Analyst Roman Points Out Bitcoin Forms Bear Flag Pattern with Target Price of $76,000] Market analyst Roman pointed out that Bitcoin's current trend has formed a bear flag pattern, with a target price of $76,000, and it could even drop to $50,000. After rebounding from a recent low of approximately $80,000, Bitcoin has been fluctuating within an ascending channel but has failed to break through key resistance and lacks upward momentum. Roman noted that Bitcoin has risen 750% from the 2022 bottom of $15,600, suggesting the current bull market may have ended, with the Relative Strength Index (RSI) signaling bearish trends over the long term. Trader Luca, however, believes Bitcoin's price is currently above the bull market support band, and if it successfully holds the support band and rebounds, the mid-term outlook could turn bullish again.

[Kalshi and 5 Organizations Jointly Establish Prediction Market Alliance CPM] Kalshi, (Crypto.com), Robinhood, Coinbase, and Underdog have jointly announced the establishment of the Prediction Market Alliance (CPM). Nearly half of Americans under the age of 45 have used prediction markets, and the market expansion rate continues to accelerate. As of October this year, the prediction market industry valuation has reached $28 billion. The predictive performance of prediction markets is approximately 30% higher than traditional polling. Additionally, over 70% of Americans agree that prediction markets should not be treated as gambling.