Eric Trump, executive vice president of the Trump Organization and son of U.S. President Donald Trump, made bold predictions about bitcoin’s future price trajectory during his appearance at the Bitcoin Asia conference in Hong Kong on Friday, telling attendees that the Bitcoin price will “definitely” reach $1 million.

“There’s no question bitcoin hits $1 million,” Eric Trump declared during a panel discussion with David Bailey, citing surging institutional demand and its limited supply as key drivers for the astronomical price target. The Bitcoin price currently trades around $110,000, having risen 18% this year, but still remains well below Trump’s ambitious… Read more on BitcoinMagazine

Former Binance CEO Changpeng “CZ” Zhao has doubled down on his belief that Bitcoin will become the global reserve currency. Speaking on August 29, Zhao noted that both nations and leading financial institutions are increasingly adopting Bitcoin for their balance sheets. His comments come as the number of entities holding BTC treasuries has surged past 309 worldwide, including 177 public companies.

Bitcoin’s rise in adoption mirrors its explosive price growth this year. The cryptocurrency hit a new all-time high of $124,128 in August, building on July’s milestone of $122,000. Zhao, an early Bitcoin adopter, compared the excitement to BTC’s climb past $1,000 in 2017, emphasizing that today’s valuations show how far the asset has advanced.

According to BTC Treasuries, more than 51 new companies have added Bitcoin in just the first half of 2025, outpacing last year’s totals. With 3.68 million BTC now held by corporations, funds, and governments, momentum is building toward Zhao’s vision of Bitcoin as the world’s financial backbone.

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U.S. crypto markets are set for a shakeup as the Commodity Futures Trading Commission (CFTC) announced foreign crypto trading platforms can register as Foreign Boards of Trade (FBOTs) and directly serve American customers. Acting Chairman Caroline Pham said the move will “welcome back Americans that want to trade efficiently and safely under CFTC regulations,” framing it as part of the regulator’s “crypto sprint” to support innovation.

At the same time, real estate management firm Caliber has revealed a bold new treasury strategy, committing to buy and hold LINK tokens. The Nasdaq-listed company said its board approved using equity funds to accumulate LINK for “long-term appreciation and staking yield.” Shares of Caliber (CWD) surged over 60% Thursday, trading at $2.90 and pushing its market cap to nearly $6.8 million.

These twin developments highlight growing institutional support for digital assets. While the CFTC’s move clears a path for global crypto firms to re-enter U.S. markets, Caliber’s adoption of an altcoin strategy signals rising corporate appetite for blockchain-based investments.

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Real estate management firm Caliber (Nasdaq: CWD) announced Thursday it will adopt a digital asset treasury (DAT) strategy centered on accumulating LINK tokens. The company said its board has approved the use of equity funds to purchase cryptocurrency, specifically LINK, with plans to hold the tokens long term and generate yield through staking.

The Scottsdale-based company’s shares soared over 60%, trading at $2.90 by late morning, pushing its market cap to about $6.8 million, according to Yahoo Finance. Caliber joins a growing number of smaller-cap Nasdaq firms adopting DAT strategies as a way to diversify holdings and attract investor interest in digital assets.

Industry watchers note that while DATs are creating new buy-side demand for crypto, concerns remain about sustainability and risks tied to such strategies. Even so, Caliber’s move underscores how traditional businesses are increasingly leaning into crypto exposure, betting on both appreciation and income from staking.

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