American Bitcoin, the bitcoin mining company co-founded by Eric Trump, will go public through a merger with another mining firm, Gryphon Digital Mining.

On today's episode of CNBC Crypto World, bitcoin slips from its recent highs even after the U.S. and China agree to temporarily halt some tariffs. Plus, American Bitcoin, the bitcoin mining company backed by the president's eldest sons,

Canaccord Genuity analyst Joseph Vafi maintained a Buy rating on Hut 8 Corp. (NASDAQ:HUT) and reiterated the $32 price forecast. The analyst writes that he sees consistent progress at Hut 8 under the leadership of CEO Asher Genoot and his team,

American Bitcoin, backed by Donald Trump’s sons, Eric Trump and Donald Trump Jr, was acquired by Hut 8 in April, and has since become the focal point for all of Hut 8’s previous Bitcoin mining operations.