<?xml version="1.0" encoding="utf-8"?> <rss version="2.0"> <channel> <title>Bitcoin Today - Bitcoin News Curated and Powered by AI</title> <link>https://www.bitcointoday.app</link> <description>Get daily updates on Bitcoin's price, market trends, analysis, and breaking news curated and powered by AI - all digestible in minutes. Make BitcoinToday.app your one-stop shop for staying informed in the fast-paced world of Bitcoin.</description> <lastBuildDate>Mon, 20 Jul 2026 12:30:04 GMT</lastBuildDate> <docs>https://validator.w3.org/feed/docs/rss2.html</docs> <generator>https://github.com/jpmonette/feed</generator> <language>en</language> <image> <title>Bitcoin Today - Bitcoin News Curated and Powered by AI</title> <url>https://www.bitcointoday.app/images/logo-512.png</url> <link>https://www.bitcointoday.app</link> </image> <copyright>All rights reserved 2024, BitcoinToday.app</copyright> <category>Bitcoin News</category> <item> <title><![CDATA[Bitcoin Could Skyrocket Like Gold: Analyst Predicts 'Spectacular' Price Explosions]]></title> <link>https://www.bitcointoday.app/article/bitcoin-could-skyrocket-like-gold-analyst-predicts-spectacular-price-explosions</link> <guid>bitcoin-could-skyrocket-like-gold-analyst-predicts-spectacular-price-explosions</guid> <pubDate>Mon, 20 Jul 2026 07:01:13 GMT</pubDate> <description>< **Gold ETFs’ 22-year history may offer the closest roadmap yet for bitcoin ETF investors**, according to Bloomberg Intelligence ETF analyst Eric Balchunas. The gold price has rocketed to give gold a market capitalization of almost $28 trillion since the arrival of gold ETFs in 2004. “Both are wrappers around non-yielding stores of value that generate no cash flow, leaving investor sentiment—not earnings, coupons or government support, as with stocks and bonds—to drive performance,” Balchunas wrote. Balchunas pointed to gold seeing “both extremes” over the last two decades, “briefly becoming the world's largest ETF before spending eight years in doldrums trying to get back to that place.” Bitcoin ETFs “may be following the same script: **spectacular gains, painful drawdowns and recoveries** that may test investors’ patience,” Balchunas said, adding that, “each cycle for gold ETFs has increased the high water mark.” The spot bitcoin ETF debut, coming in early 2024 after more than 10 years of campaigning by crypto investors, saw a handful of bitcoin funds become some of the fastest growing of all-time as Wall Street rushed to gain exposure to bitcoin. Earlier this month, analysts with the Bitfinex exchange warned a “shock” ETF outflow could be about to torpedo the bitcoin price recovery, which has climbed by almost 10% since plunging to lows of under $57,000 in early July. BlackRock’s IBIT, the largest bitcoin fund by net assets that dominates the bitcoin ETF field, has sold almost 100,000 bitcoin in recent months to meet redemption requests, now holding just over 733,000 bitcoin worth just under $50 billion on behalf of investors. “I feel like there’s a spiritual parallel between gold and IBIT,” Balchunas said. “Gold got so popular so quickly that for one day in 2011 it was bigger than SPY [the SPDR S&P 500 ETF Trust], the biggest ETF in world. Then it went out of favor for years. IBIT, similarly reached $100 billion in assets for one day … and that ended up being the October [2025] top. Both have almost new supply and so when the demand comes it can cause price explosions. Problem is that demand can be fickle and come in waves vs steady.” For now, bitcoin and crypto traders are confident that demand for bitcoin exposure via ETFs is showing resilience, helping to dampen the bitcoin price decline in recent months. “Institutional demand remains one of bitcoin’s key pillars,” Simon-Peter Massabni, head of business development at XS.com, said in emailed comments. “Spot bitcoin ETFs continue to attract steady investment inflows, while an increasing number of companies are incorporating digital assets into their portfolio diversification strategies. This institutional interest has helped ease the selling pressure observed during the latest market pullbacks.”]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>etfs</category> <category>gold</category> <category>blackrock</category> <category>marketsentiment</category> <enclosure url="https://imageio.forbes.com/specials-images/imageserve/65d9e250fa2ec476574d12e6/0x0.jpg?format=jpg&height=900&width=1600&fit=bounds" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Trump's Crypto Corruption: Why Congress Must Say No to the CLARITY Act]]></title> <link>https://www.bitcointoday.app/article/trumps-crypto-corruption-why-congress-must-say-no-to-the-clarity-act</link> <guid>trumps-crypto-corruption-why-congress-must-say-no-to-the-clarity-act</guid> <pubDate>Sun, 19 Jul 2026 20:01:15 GMT</pubDate> <description><![CDATA[Defeating Donald Trump’s authoritarian movement requires taking on the largest industry financing it: **cryptocurrency**. We know most people’s eyes glaze over at the mere mention of the word “crypto.” The industry’s lobbyists depend on that; they win when the public is kept in the dark. But this is the biggest money-and-power story in American politics right now, and it’s important we all pay attention. We come at this from different directions. Ben is an actor, author, and filmmaker who spent years investigating crypto fraud. Ezra co-founded Indivisible, a grassroots pro-democracy movement with thousands of local groups across the country. From different vantage points, we’ve reached the same conclusion: **Crypto is no longer just a risky investment. It’s a dangerous political machine fueled by corruption.** The crypto industry is reshaping American politics from the shadows, spending nearly **$200 million** already to influence the 2026 elections. There is an all-too-familiar playbook for buying influence in Washington: Interest groups funnel millions into primaries through super PACs, using outside spending and misleading attacks to defeat candidates and install their preferred policymakers. Crypto is deploying that playbook now, because it has billions of dollars riding on the regulatory decisions the federal government makes. The political investments have already paid dividends. Last year, Congress passed the **GENIUS Act**, an industry-friendly crypto bill that sailed through the House and Senate. Advocates warned that Trump would use the bill to self-enrich, but Republicans rejected any ethics provisions that would have tied his hands. In the end, near-unanimous Republican support and dozens of Democratic votes gave the crypto industry and Trump what they wanted. Trump’s payday was historic. His own financial disclosure shows he earned more than **$1.4 billion** from crypto ventures last year. His ties represent a new level of corruption: The president is openly profiting from an industry spending heavily to influence elections and secure favorable government treatment. But Trump isn’t satisfied. Congress handed him a printing press, and now he’s pushing for a bigger one. At his and the industry’s urging, Congress is considering the **CLARITY Act**, an even more consequential proposal. The bill would shift much of crypto oversight to a weaker regulatory body, a move critics warn would soften investor protections, create regulatory loopholes, and further open the door to corruption. While Washington cashes in, ordinary Americans bear the risks. Crypto’s boom-and-bust cycles have left countless consumers exposed to fraud, scams, and market collapses while insiders emerge wealthier. The fight over crypto is no longer a niche financial or technology policy debate. It is about **consumer protection, corruption, and whether our democracy allows concentrated wealth to purchase both elections and the policies that follow**. It’s about whether anything constrains Trump’s insatiable appetite for money and power. If Democrats are serious about confronting Trump’s corruption, they must challenge the financial interests sustaining it. Voters are looking for fighters, not folders — and you cannot fight corruption while cashing its checks. That means rejecting legislation like the CLARITY Act while the industry behind it spends hundreds of millions to influence lawmakers in an election year. It means rejecting crypto campaign contributions and independent expenditures. A party committed to fighting for democracy cannot be dependent on an industry enriching Trump and his allies. Standing up to crypto is not only good policy — it is also good politics. Voters want leaders focused on lowering costs, protecting consumers, and holding wealthy special interests accountable. The question before Congress is not simply how crypto should be regulated. It is whether industries should be allowed to spend fortunes shaping elections and then write the rules that govern them. If Democrats want to show voters they are serious about fighting corruption, the answer must be no.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>cryptocorruption</category> <category>clarityact</category> <category>trumpcrypto</category> <category>electioninfluence</category> <category>cryptoregulation</category> <enclosure url="https://www.rollingstone.com/wp-content/uploads/2026/07/trump-crypto-congress.jpg?w=1581&h=1054&crop=1" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Is Your $500 XRP Investment Poised to Become $4,590 by 2030? Our Bold Prediction]]></title> <link>https://www.bitcointoday.app/article/is-your-500-xrp-investment-poised-to-become-4-590-by-2030-our-bold-prediction</link> <guid>is-your-500-xrp-investment-poised-to-become-4-590-by-2030-our-bold-prediction</guid> <pubDate>Sun, 19 Jul 2026 07:01:14 GMT</pubDate> <description><![CDATA[Imagine turning $500 into nearly $4,600 in five years. That's the potential upside for **XRP (CRYPTO: XRP)** if key catalysts align, according to our analysis. Currently trading at **$1.09**, XRP is down 68% over the past year, presenting both risk and opportunity. ## What $500 Buys You Today At $1.09, $500 buys about **459 XRP**. Unlike staking coins, XRP doesn't earn yield—your profit solely depends on price appreciation. With 62.5 billion XRP in circulation (out of 100 billion max), supply inflation dilutes value, making demand crucial. ## XRP Price Predictions Through 2031 Our forecast assumes a full crypto cycle: bottom, recovery, peak, and correction. Key driver: the **CLARITY Act**, which could cement XRP's commodity status. If passed, institutional inflows could surge. | Year | Price Target | $500 Becomes | |------|--------------|-------------| | Today | $1.09 | $500 | | End 2026 | $1.40 | $640 | | End 2027 | $3.00 | $1,375 | | End 2028 | $4.50 | $2,065 | | End 2029 | $6.00 | $2,755 | | 2030 Peak | $10.00 | $4,590 | | Mid-2031 | $6.50 | $2,985 | The **2030 cycle peak** at $10 is the high point, followed by a correction to $6.50 by mid-2031. ## What Could Limit XRP's Gains? - **CLARITY Act failure**: Without passage, institutional buyers stay sidelined, capping price near $4 peak and $2.50 by 2031. - **Interest rates**: High rates divert capital from crypto, hitting altcoins like XRP hardest. - **Weak cycle**: The halving pattern is based on only two prior cycles, not a guarantee. ## Upside Scenario: Bank Adoption If banks start settling payments in XRP, demand could push the peak to **$13-$15**, turning $500 into over $5,000 by 2031. ## Bottom Line $500 in XRP could be worth **~$3,000 by mid-2031**, with a peak near $4,590 in 2030—but only if the CLARITY Act passes, institutions buy, and the cycle plays out. It's a high-risk, high-reward bet.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>xrp</category> <category>ripple</category> <category>clarityact</category> <category>cryptoprediction</category> <category>investmentanalysis</category> <enclosure url="https://247wallst.com/wp-content/uploads/2026/05/shutterstock-2258783543-huge-licensed-scaled.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[4 Mining Pools Control 70% of Bitcoin's Hashrate – Is Decentralization at Risk?]]></title> <link>https://www.bitcointoday.app/article/4-mining-pools-control-70-of-bitcoins-hashrate-is-decentralization-at-risk</link> <guid>4-mining-pools-control-70-of-bitcoins-hashrate-is-decentralization-at-risk</guid> <pubDate>Sun, 19 Jul 2026 14:01:14 GMT</pubDate> <description><![CDATA[Bitcoin mining is increasingly concentrated in the hands of a few major players. As of June 23, 2026, **four mining pools** – Foundry Digital, AntPool, ViaBTC, and F2Pool – controlled **over 70% of the network's hashrate**, according to data from miningpoolstats.stream. This consolidation is creating a **two-tier market** that favors institutional clients, leaving independent and mid-size miners at a disadvantage. ## The Dominant Four The estimated hashrate split is stark: - **Foundry Digital**: 31% - **AntPool**: 18% - **ViaBTC**: 13% - **F2Pool**: 10% Foundry, backed by Digital Currency Group, is US-based and primarily serves large-scale institutional operators with strict KYC requirements. This focus on big players means smaller miners often receive less responsive support and less predictable payouts. ## A Two-Tier Market The concentration has led to a **two-tier market** where the largest pools optimize for institutional miners. Independent and mid-size miners are quietly reconsidering their pool choices as they feel like edge cases rather than core customers. ## Regulatory Scrutiny and Alternatives **ViaBTC** has faced increased regulatory scrutiny in 2026, particularly affecting miners in Russia and CIS countries. Issues include account restrictions, sudden KYC demands, and temporary fund freezes. This has prompted some miners to seek alternatives. **EMCD** is emerging as a viable option, claiming over 30 EH/s of hashrate with fees starting at **1.5% under FPPS**, compared to the ~4% charged by many comparable pools. EMCD was founded in 2017 and launched its first pool in February 2018. ## Centralization Metrics According to D-Central's H1 2026 snapshot, Bitcoin mining pools had a **Nakamoto coefficient of 3** – meaning only three pools are needed to exceed half of all blocks mined. Foundry USA alone accounted for roughly 27% of blocks. Recent data from Simple Mining (July 16, 2026) shows: - Foundry USA: 27.0% - F2Pool: 17.2% - AntPool: 17.2% - ViaBTC: 9.5% - SpiderPool: 5.5% This trend raises concerns about **centralization** and the potential for collusion or censorship within the Bitcoin network. As smaller miners seek fairer alternatives, the landscape may shift in the coming months.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>mining</category> <category>hashrate</category> <category>centralization</category> <category>miningpools</category> <enclosure url="https://static.news.bitcoin.com/wp-content/uploads/2026/07/this-group-of-four-now-dominates-over-70-of-a-key-blockchain-resource.png" length="0" type="image/png"/> </item> <item> <title><![CDATA[AI Stocks Crashing? Here's Your Post-Sell-Off Game Plan & Key Earnings to Watch]]></title> <link>https://www.bitcointoday.app/article/ai-stocks-crashing-heres-your-post-sell-off-game-plan-key-earnings-to-watch</link> <guid>ai-stocks-crashing-heres-your-post-sell-off-game-plan-key-earnings-to-watch</guid> <pubDate>Sat, 18 Jul 2026 20:01:30 GMT</pubDate> <description><![CDATA[Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. An Iran attack killed two U.S. service members as Tehran escalates tensions. **Google-parent Alphabet**, **Tesla**, **Intel**, **GE Vernova** and **Interactive Brokers** headline a big week of earnings, along with an **AMD AI event**. ## Market Overview: AI Stocks Hit Hard, But Real Economy Shines The stock market saw losses this past week, but they were concentrated in the Nasdaq and especially AI stocks. **SpaceX** (SPCX) dived well below its IPO price. However, many stocks in the **medical, financial, energy and transportation sectors** are showing strength. Still, investors should be playing more defense than offense, cutting losers and continuing to take profits. ## Key Earnings This Week - **Interactive Brokers** (IBRK) reports Tuesday night. - **GE Vernova** (GEV) reports early Wednesday. - **Alphabet** (GOOGL) and **Tesla** (TSLA) are scheduled for late Wednesday. - **Intel** (INTC) is due Thursday evening. - **AMD** will hold the AMD Advancing AI event on Wednesday, with CEO Lisa Su a featured speaker. ## Iran Attack Escalation On Saturday, an Iran missile attack killed two U.S. troops and wounded several at a Jordan air base. Iran also launched heavy attacks on Kuwait, striking an oil facility. A top Iranian official said Tehran is suspending all commitments under the 60-day ceasefire. **Crude oil prices surged 15.5% last week** to $82.49 a barrel, which could hit transportation and other real-economy stocks. ## Stock Market Rally: Divergence Between AI and Real Economy The Dow Jones Industrial Average gave up 0.9% last week. The S&P 500 slumped 1.55% to just below its 50-day line. The Nasdaq composite tumbled 2.9%, diving below its 50-day line. The small-cap Russell 2000 fell only 0.5%. The Invesco S&P 500 Equal Weight ETF (RSP) slipped 0.45%. **AI and chip stocks sold off heavily**, including Dell Technologies, Sandisk, and Micron Technology. Many AI names look broken. In contrast, real economy names had a strong week, with buy signals in truckers (J.B. Hunt), banks (Goldman Sachs), payment stocks (Flywire), and big pharma (Merck, Eli Lilly, Johnson & Johnson). ## SpaceX and Tesla: A Tale of Two Stocks SpaceX dived 14.7% to 123.99, falling far below the $135 IPO price. Its market cap is now $1.64 trillion, down $1 trillion from its peak. Tesla stock sank 6.6% for the week, now clearly below all key moving averages. Strong Q2 delivery figures bode well for Thursday's earnings, but TSLA's valuation is largely based on hopes for robotaxis and robotics. ## Key Levels to Watch - **Google** stock hit resistance at the 50-day line; a decisive move above could provide an early entry. - **GEV** reclaimed its 50-day line on Friday; a strong earnings reaction could offer a buying opportunity. - **Intel** has fallen well below its 50-day line. - **Interactive Brokers** held its 50-day line on Friday. - **AMD** shares dived 11.1% last week but nearly held the 50-day line; a strong move above could offer a pullback entry. ## Market Outlook: Defense Mode The stock market is difficult right now. The AI trade is heavily damaged. While many non-AI groups are showing strength, market volatility and the risk of renewed sector rotations make new buys tricky. Earnings season and U.S.-Iran news add to the uncertainty. **Investors can try some new buys, but should consider smaller position sizes and tight stop-losses.** Definitely dump losers and follow sell rules on winning positions that have come under pressure. Work on watchlists—many stocks are in buy areas or setting up. *Please follow Ed Carson on Threads at @edcarson1971 and X/Twitter at @IBD_ECarson for stock market updates and more.*]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>aistocks</category> <category>earnings</category> <category>marketsentiment</category> <category>oilprices</category> <category>defensiveinvesting</category> <enclosure url="https://www.investors.com/wp-content/uploads/2026/03/stock-iran-map-adobe.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Trump's Crypto Embrace: A $2.2 Billion Gamble That Could Crash the US Economy]]></title> <link>https://www.bitcointoday.app/article/trumps-crypto-embrace-a-22-billion-gamble-that-could-crash-the-us-economy</link> <guid>trumps-crypto-embrace-a-22-billion-gamble-that-could-crash-the-us-economy</guid> <pubDate>Sat, 18 Jul 2026 14:01:33 GMT</pubDate> <description><![CDATA[The scale of the graft is decidedly off the charts, but the revelation that Donald Trump raked in a personal fortune of **$2.2 billion** during his first year in office should come as no surprise. The president didn’t even try to hide his venality. Not only did he refuse to sell businesses and put assets in a blind trust, as other presidents have done to limit opportunities for self-dealing; the quid pro quos with foreign governments and assorted magnates were exposed for all to see. It is troubling that the president of the United States would so nonchalantly deploy his official powers to profit from dealings with **money launderers** and **Middle Eastern princes**. It is perhaps more so that the supposedly robust checks and balances upholding American governance proved powerless to stop him. What’s most worrying, at the moment, though, is the extent to which Trump put at risk the stability of the **United States economy**. His business dealings are not little grifts that are harmless to America. Trump’s most lucrative maneuver – which netted him **$1.2 billion** – came from the cryptocurrency industry. The pro quo from Washington included getting regulators off crypto’s case and plugging the currency into the formal financial system. That is likely to prove immensely costly to us all. Seventeen years since bitcoin emerged on the scene, crypto hasn’t yet found a purpose other than to pay for crime, allow countries like Russia and Iran to avoid American sanctions and provide **volatile assets** for fools and gamblers to bet their savings on – like Dutch tulips in the 17th century, though not as pretty. Trump once said crypto was a “scam.” That was before the industry piled gobs of money into his presidential campaign and, notably, before he took a personal stake in the business. He launched the crypto company **World Liberty Financial** (of which he sold 49% to an investment firm tied to the United Arab Emirates for $500 million) and issued his memecoin **$Trump**, which cost naive, Maga-friendly investors nearly **$4 billion** but netted the president more than $600 million. Trump nixed the crypto-enforcement program at the **Securities and Exchange Commission** – aborting crypto-related lawsuits and investigations – and gutted the unit in charge of overseeing the industry. The **Department of Justice** announced it would pull back investigations and prosecutions of money laundering and other shenanigans against crypto-related platforms. Then, campaign coffers seeded with generous contributions from the industry, 206 Republicans and 102 Democrats in Congress passed the **Genius Act**, which Trump aggressively promoted, that entangled crypto in the regular banking system, where your and my savings live. Banks and non-banks – even retailers like Walmart – can now issue their own **stablecoin**, a type of cryptocurrency, pegged at a fixed value of $1, that today is used almost exclusively to buy and sell riskier crypto assets like bitcoin. Unlike bank accounts, stablecoin holdings are **not insured by the FDIC**. Issuers will guarantee their value by investing all the proceeds in high-quality assets, like treasury bills. The promise is that this will broaden their use outside of the speculative crypto space and allow them to be a payment platform that cheaply executes transactions in real time on a decentralized electronic ledger. This could mean quicker and cheaper international transfers, for instance. The financiers are piling in. As of early June, there were **233 stablecoins** available on the crypto market. **Mastercard** is buying up crypto businesses and accepting settlements in stablecoin. Big banks like Citi and JPMorgan hope to defend their business from crypto upstarts by setting up their own crypto deposit infrastructure and launching their own coins. Brokers are allowing customers to invest with stablecoin. And Trump is pushing hard for swift passage of the **Clarity Act**, which would offer regulation-light legal cover for the broader universe of crypto businesses to issue and support trading in more speculative assets like bitcoin. As Yale’s Gary Gorton and Jeffery Zhang from the University of Michigan wrote: “Some policymakers may view stablecoins as an up-and-coming financial innovation that does not currently pose any systemic risk and therefore believe that the best strategy is to wait to see how things play out. That would be a terrible mistake.” Indeed, to the enthusiasts embracing crypto in the name of technological progress, I have a vintage 2006 mortgage-backed bond to sell you. The “efficiency” case for inviting crypto in from the cold ignores the enormous stress it is likely to impose on the financial system. It’s been almost 20 years since the last massive financial crisis. It looks like Trump and his crypto-funded cronies are happy to engineer the next. As they become established in the financial ecosystem, stablecoins will inevitably draw money from somewhere else, perhaps some foreigners who want dollar assets, but also, inevitably, commercial banks. This may feed demand for treasurys – helping Washington finance its massive debt – but will also **reduce lending** to the real economy. The payment system will be remade as hundreds of different private stablecoins, each with its own risk profile, compete for business. Stablecoin issuers will be tempted to stretch the rules, which require that they invest the proceeds in only the safest assets to guarantee their $1 peg. Many will instead buy riskier, higher-yielding stuff. As the Rutgers economist Michael Bordo pointed out: “There are always new entities that are going to figure out a way to be outside the regulatory net.” The “who owns what” question will invite the stablecoin equivalent of **bank runs**. Even if most issuers invest largely in the safest treasurys, the set-up – opaque, lacking a lender of last resort – invites chaos. As Barry Eichengreen from the University of California, Berkeley noted: “If panicked customers force [issuers of stablecoin] to sell, treasury prices could collapse, sharply increasing interest rates and destabilizing other financial markets and our entire economy.” Rather than allow all comers to issue private stablecoins, the government could ask the **Federal Reserve** to issue a digital dollar, fully backed – like the regular dollar – by faith in the solvency of the United States. The benefits of the new technology could be enjoyed across the economy without incurring the risk of a massive run to topple the system as a whole. The problem with that model, however, is obvious: it would not provide the same opportunity for Trump and his family to rake in another few billion.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>trump</category> <category>crypto</category> <category>stablecoins</category> <category>financialcrisis</category> <category>regulation</category> <enclosure url="https://i.guim.co.uk/img/media/3ba66ada2cd57e6600bb18623a6eefd07a1e58cf/461_89_3066_2452/master/3066.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&precrop=40:21,offset-x50,offset-y0&overlay-align=bottom%2Cleft&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctb3BpbmlvbnMucG5n&enable=upscale&s=0392b00c399e3c5f7dcfd2a60425ee65" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[DOG Mode vs. BIP-110: The Bitcoin Client That Skips the Vote and Frees Up Millions]]></title> <link>https://www.bitcointoday.app/article/dog-mode-vs-bip-110-the-bitcoin-client-that-skips-the-vote-and-frees-up-millions</link> <guid>dog-mode-vs-bip-110-the-bitcoin-client-that-skips-the-vote-and-frees-up-millions</guid> <pubDate>Fri, 17 Jul 2026 14:01:28 GMT</pubDate> <description><![CDATA[A new open-source Bitcoin client called **DOG Mode** is challenging the stalled **BIP-110** proposal by bypassing consensus changes entirely. While BIP-110 aims to restrict non-financial data on Bitcoin through a user-activated soft fork that requires 55% miner support—and has received **zero miner backing**—DOG Mode takes the opposite approach: it relaxes relay policies without needing any vote. ### What is DOG Mode? Proposed by **Leonidas**, co-founder of the Runestone project and a prominent figure in the Ordinals and Runes ecosystem, DOG Mode would modify two key limits in Bitcoin Core: - **Raise the maximum standard transaction size** from 400,000 weight units to 3.9 million weight units (nearly a full block of 4 million). - **Lower the dust limit** from 294-546 satoshis to just **1 satoshi**. These changes would allow near-block-size transactions to be relayed and free up an estimated **$25 million** in “padding” currently used by Ordinals and Runes to meet the dust limit. ### How It Differs from BIP-110 BIP-110 is a **consensus rule change** that would require a supermajority of miners to activate—support that has never materialized. In contrast, DOG Mode only alters **relay policy**, which governs what individual nodes forward. This means: - No signaling window, no threshold, no deadline. - Only one miner needs to accept such transactions for them to be confirmed. - It works alongside existing Bitcoin Core nodes without splitting the network. ### Current Status As of now, DOG Mode exists only as an **announced initiative** without any code. Leonidas has called for developers to contribute to an initial release and for miners to add support. Meanwhile, BIP-110’s node support remains in the low single digits, carried almost entirely by Bitcoin Knots. ### Market Reaction Following the announcement, **DOG prices** were little changed, down 1.2% in the past 24 hours. ### The Bigger Picture DOG Mode represents a **new frontier** in Bitcoin governance: a client that changes what one node forwards, requiring no one's consent. As Leonidas put it, "Only one of them requires anyone's consent." Whether this approach gains traction or remains a fringe experiment will depend on developer adoption and miner willingness to process these transactions.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>dogmode</category> <category>bip-110</category> <category>ordinals</category> <category>runes</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/ca4073986b82e35a5d6bd80c2e88a27749ed87bf-1024x576.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Bitcoin Bounces Back to $63K as Nasdaq Recovers: Chip Selloff Tests Crypto Resilience]]></title> <link>https://www.bitcointoday.app/article/bitcoin-bounces-back-to-63k-as-nasdaq-recovers-chip-selloff-tests-crypto-resilience</link> <guid>bitcoin-bounces-back-to-63k-as-nasdaq-recovers-chip-selloff-tests-crypto-resilience</guid> <pubDate>Fri, 17 Jul 2026 20:01:35 GMT</pubDate> <description><![CDATA[## Market Overview Bitcoin (BTC) returned to **$63,000** on Friday as the Nasdaq trimmed its early losses, recovering from a dip to $62,800. The broader market selloff in chipmakers initially dragged risk assets lower, pulling bitcoin back from the **$65,000** level reached earlier this week on a soft inflation print. ## Key Developments ### AI Trade Wipeout Hits Crypto Stocks Crypto-related stocks tied to the AI trade led declines. Former bitcoin miners-turned-data-center providers like **Hut 8 (HUT)**, **Bitdeer (DTDR)**, and **MARA Holdings (MARA)** dropped over **7%**. Strategy (MSTR) fell 2.25%, while Coinbase (COIN), Bullish (BLSH), and Circle (CRCL) each lost about **1.5%**. ### Bitcoin's Downtrend Channel Intact Analyst Alex Kuptsikevich noted that bitcoin's reversal attempt failed, with the price dropping back below its **50-day moving average** and returning to the downtrend channel that has held since June. The lower boundary sits near **$56,000**, with support at $61,000 and $59,000. ### Oil Surge Could Reignite Inflation Worries WTI crude oil futures are on track for their best weekly gain since April, surging nearly **12%**. The rebound could revive inflation fears, potentially dragging bitcoin lower after its recent gains from cooler inflation data. ### Other Notable Stories - **SpaceX** in talks with the Pentagon for a computing capacity deal worth billions. - **Trump Media** reportedly pitching a **$100,000/month** fee for faster access to Trump's social media posts. - **Meta and Anthropic** in talks on a **$10 billion** computing power deal. - **Apple** reclaims the most valuable company spot from Nvidia. - **Galaxy Digital** inks a stadium naming rights deal with Texas Tech. ## Market Sentiment Bitcoin is down **2%** over the past 24 hours, with ether (ETH) at $1,815, down 3.5%. The Nasdaq narrowed its loss to **1%** after being down 2.5% at its worst. The Fed meets July 28-29, with markets watching for rate decisions. *Image: Memory chips are the bedrock powering AI systems. (dujin yun/Pixabay)*]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>cryptomarket</category> <category>aitrade</category> <category>inflation</category> <category>nasdaq</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/ec16b0d98820048d0801ef198a8c4e6ca1e6f687-4608x3456.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Bitcoin Nears $65K, But Two Investor Groups Are Selling Into the Rally – Here's Why]]></title> <link>https://www.bitcointoday.app/article/bitcoin-nears-65k-but-two-investor-groups-are-selling-into-the-rally-heres-why</link> <guid>bitcoin-nears-65k-but-two-investor-groups-are-selling-into-the-rally-heres-why</guid> <pubDate>Thu, 16 Jul 2026 14:01:14 GMT</pubDate> <description><![CDATA[Bitcoin surged toward **$65,000** after softer-than-expected U.S. inflation data, but on-chain signals reveal two key investor groups are selling into the bounce, potentially capping further upside. ## Long-Term Holders Capitulating **Long-term holders** (wallets holding BTC for at least 5 months) who bought near last year's highs are using the relief rally to **sell at a loss** rather than hold through deeper drawdowns. This behavior signals a **lack of confidence** in the sustainability of the price rise. ## Short-Term Holders Taking Profits **Short-term holders** who accumulated near recent lows are now realizing profits at a pace exceeding **$4 million per day**, reminiscent of May's selling wave when BTC briefly hit its 200-day average above $82,000. ## Simultaneous Selling Creates Overhead Supply The result: both groups selling simultaneously is likely creating **overhead supply** exactly as the market tries to break higher. Analysts note that "conviction remains shaky" among those still underwater from earlier in the cycle. > "As price rallies toward $66k, LTH realized loss volume is spiking! Cycle-top buyers are using the relief rally as an exit opportunity, locking in losses at a smaller margin than the sub-60k lows allowed." ## Inflation Data: A Double-Edged Sword BTC jumped from $61,500 to nearly $65,000 after June's **CPI came in at 3.5% YoY** (below the 3.8% consensus) and **PPI also missed expectations**. This eased fears of Fed rate hikes, sending the dollar index lower and Treasury yields down. However, some analysts warn the data may be **obsolete**. The 3.5% CPI was driven by a 10% drop in gasoline through June, but oil prices have since rebounded to one-month highs amid escalating geopolitical tensions. > "Markets are rallying on a June photograph, while July develops differently, and the July print will be the first to carry the war premium." – Ryan Lee, Bitget ## Caution Amid Geopolitical Risks Wintermute OTC trader Jasper De Maere also urged caution, noting that while the inflation data is constructive, the backdrop remains uncertain with **U.S. strikes on Iran** continuing and the **Fear & Greed Index** only moving from 22 to 25 (still Extreme Fear). "One soft CPI print against an active military escalation is not the same as a durable regime shift in risk appetite."]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>on-chainanalysis</category> <category>marketsentiment</category> <category>inflation</category> <category>profittaking</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/6d62dea31c05f153f4407ebc45f48ddfab943da6-1280x905.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Bitcoin Bleeds $4.5B in ETF Outflows, Citi Slashes Target: Is the Bottom In or Is More Pain Ahead?]]></title> <link>https://www.bitcointoday.app/article/bitcoin-bleeds-45b-in-etf-outflows-citi-slashes-target-is-the-bottom-in-or-is-more-pain-ahead</link> <guid>bitcoin-bleeds-45b-in-etf-outflows-citi-slashes-target-is-the-bottom-in-or-is-more-pain-ahead</guid> <pubDate>Thu, 16 Jul 2026 07:01:13 GMT</pubDate> <description><![CDATA[**Bitcoin** suffered its worst month in two years, plunging 20.48% in June 2026 as US spot ETFs saw record outflows. The price hit a 21-month low of $58,190 on July 1, and Citigroup slashed its 12-month target to $82,000 from $112,000. Meanwhile, leveraged futures open interest dropped by $9.7 billion, and Strategy sold a small amount of BTC for the first time since 2022. The market now awaits the Fed's July 28-29 meeting for direction. ## June's Tough Turn: ETFs Flip from Tailwind to Headwind June 2026 ended up being Bitcoin's roughest month since June 2022, with the price down 20.48%. The defining data point was the institutional plumbing: **$4.5 billion in net outflows** from US spot Bitcoin ETFs. That drain mattered because these funds had been the market's cleanest bridge between crypto and traditional brokerage accounts since they launched in January 2024. Bitcoin's slide didn't stop at month-end, either. On July 1, it touched a 21-month low of $58,190, after starting 2026 above $93,000, leaving it down more than 33% for the year. ## Wall Street Cools on Expectations With flows going the wrong way, Citigroup moved quickly to reset forecasts. In a July 1 research note, the bank cut its 12-month Bitcoin target to $82,000 from $112,000, after already lowering it from $143,000 on March 17, 2026. "ETF flows, an important driver of prices, have turned negative recently," Citi wrote. Citi also cut its 12-month Ether target to $2,240 from $3,175, and it now expects net Bitcoin ETF inflows over the next 12 months to be flat, down from a prior $10 billion call. Its bear case, built on a recession plus continued ETF outflows, pegs Bitcoin at $53,000 over the next year. ## Strategy Sells a Little, and Says It Could Sell More Then came a smaller headline that still landed with a thud: **Strategy (formerly MicroStrategy) sold 32 bitcoin for about $2.5 million** between May 26 and May 31, at an average price of $77,135. It was the company's first bitcoin sale since December 2022, and the proceeds funded distributions on its STRC perpetual preferred shares. As of May 31, Strategy held 843,706 BTC, more than 4% of Bitcoin's 21 million-coin supply, with a cost basis of $75,699 per coin. Its board also approved a framework that could allow up to $1.25 billion in bitcoin sales for reserves, dividends, interest payments, or buybacks. Citi argued the new plan "strengthens liquidity and should provide more time for the company to stabilize." ## Leverage Unwinds, Whales Buy, and the Fed Looms Under the surface, the downturn forced speculation out of the system. **Leveraged Bitcoin futures open interest fell** from about $31.3 billion around May 30 to roughly $21.6 billion by early June, a classic leverage flush. Over a two-week stretch, major holders added more than 270,000 BTC, a sign that longer-term buyers showed up as the market weakened. Whether that marks a durable low or just a pause now rhymes with macro. Federal Reserve Chair Kevin Warsh held rates steady on June 17 and took expected cuts off the table, a hawkish shift traders tied to crypto's selloff. Markets were pricing roughly a 70% chance the Fed holds again at its July 28-29 meeting, a date that could decide whether this bounce has legs.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>etfoutflows</category> <category>cititarget</category> <category>strategy</category> <category>leverageflush</category> <enclosure url="https://static.news.bitcoin.com/wp-content/uploads/2026/07/after-its-toughest-month-in-two-years-this-digital-asset-faces-an-uncertain-path-ahead.png" length="0" type="image/png"/> </item> </channel> </rss>