Donald Trump’s sons’ company, American Bitcoin, missed analyst revenue estimates and posted narrower losses as it ramped up its mining capacity. American Bitcoin, the crypto mining company co-founded by US President Donald Trump’s son Eric Trump, reported an $81.7 million first-quarter loss as its revenue missed analyst estimates. American Bitcoin on Wednesday reported revenue of $62.1 million for the quarter ended March 31, a 400% increase from $12.3 million in the prior-year period but down from $78.3 million in the fourth quarter of 2025. The revenue figures fell short of analyst estimates by 17%, while the firm, which also counts Donald Trump Jr. as a shareholder, reported a quarterly loss of 8 cents per share, compared with Wall Street estimates of 1 cent per share. Read more
Ether rallies are abruptly capped at $2,400 and multiple data points suggest this pattern will remain in play for the foreseeable future. Key takeaways: Ether (ETH) has failed to sustain levels above $2,400 for the past three months, consistently lagging behind most of its peers. Ether’s down 21% in 2026, and investors have expressed uncertainty about the altcoin’s inability to mirror the broader market recovery. Read more
Bitcoin's market dominance climbed above 61% as BTC led crypto market flows. Data also showed Binance-listed altcoins' share of volume hitting 49% in March. Bitcoin dominance climbed to 61% on Wednesday, its highest level since November 2025. The metric has risen from 58.44% at the start of April, proving that the bullish trend continues to favor BTC over the wider crypto market. In the last two months, altcoin volumes on Binance also increased by 49%, while 12.6% of altcoins on Binance reclaimed their 200-day simple moving average (SMA). Bitcoin dominance, one-week chart. Source: Cointelegraph/TradingView Read more