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<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>
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<title><![CDATA[XRP at $1 Crossroads: 3 Scenarios for the Next Big Move]]></title>
<link>https://www.bitcointoday.app/article/xrp-at-1-crossroads-3-scenarios-for-the-next-big-move</link>
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<pubDate>Sun, 28 Jun 2026 07:01:12 GMT</pubDate>
<description><![CDATA[XRP recently retested the **$1.00** level after a sharp decline, sparking debate among bulls and bears. The drop followed May's personal consumption expenditures price index reading, the Fed's preferred inflation gauge, which rose at its highest level since 2023, reinforcing the central bank's tough stance on inflation.
XRP had fallen for three straight days, testing a major volume block at **$1.06**, where over **830 million XRP** changed hands. However, bulls failed to hold this crucial support, leading to the $1 test.
## Three Potential Scenarios
With the $1 level tested, three scenarios emerge:
1. **Rebound continues**: XRP has already bounced from $1.00, currently trading at **$1.07**, up 2.95% in the last 24 hours. The $1.06 level could now act as support.
2. **Consolidation**: XRP may trade sideways as the market awaits potential catalysts.
3. **$1 breach**: If the price fails to hold, transaction history points to next support levels: **$0.80** (923M XRP), **$0.62** (1.16B XRP), and **$0.51** (1.06B XRP), according to analyst Ali.
## XRP and RLUSD News
On a positive note, the **XRP Ledger** now has more **RLUSD** on-chain than Ethereum, with $810 million vs. $760 million. Additionally, the **Japan Financial Services Agency** approved RLUSD as a new type of electronic payment instrument, making it available through SBI VC Trade to both institutions and retail customers.]]></description>
<author>contact@bitcointoday.app (BitcoinToday.app)</author>
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<title><![CDATA[Billionaire Investor Jeremy Grantham Slams Bitcoin: 'It Will Fade Away With a Whimper']]></title>
<link>https://www.bitcointoday.app/article/billionaire-investor-jeremy-grantham-slams-bitcoin-it-will-fade-away-with-a-whimper</link>
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<pubDate>Sat, 27 Jun 2026 20:01:12 GMT</pubDate>
<description><![CDATA[Billionaire investor Jeremy Grantham has made his stance on cryptocurrency crystal clear: he wants nothing to do with it. The co-founder of investment firm GMO appeared on CNBC's "Squawk Box" on Friday, where he called crypto a **"useless, speculative mechanism"** and predicted its eventual demise.
"Years and years, decades and decades—it will dwindle away, I suspect," Grantham said of crypto's future. "Not with a bang, but with a whimper."
Grantham pointed to **Bitcoin's recent 52% decline from its all-time high of $126,080** set last October, despite strong economic conditions. In contrast, gold—a traditional store of value—has notched sizable gains during the same period, reaching a new all-time high above $5,500 per ounce earlier this year before pulling back.
"You can’t depend on it in that way," he said of Bitcoin as a store of value. "People don’t use it to make serious trades, they don’t use it to buy their dinner and pay at the supermarket."
Instead, Grantham argued that Bitcoin's primary use case is for illicit activity, saying it "allows crooks to move money around without leaving a trace," adding that it's "brilliant at that."
However, Grantham did concede that the underlying **blockchain technology** could play a transformative role in the future, but made clear his comments were specifically about Bitcoin and other cryptocurrencies.
Bitcoin has fallen 17% in the last month, recently trading at $60,529.
Grantham's criticism echoes that of fellow billionaire Mark Cuban, who last month said he sold most of his Bitcoin, noting that it has underperformed gold and is "not the hedge I expected it to be."]]></description>
<author>contact@bitcointoday.app (BitcoinToday.app)</author>
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<title><![CDATA[Polymarket's Annualized Revenue Skyrockets Past $1 Billion: World Cup and U.S. Launch Fuel Explosive Growth]]></title>
<link>https://www.bitcointoday.app/article/polymarkets-annualized-revenue-skyrockets-past-1-billion-world-cup-and-us-launch-fuel-explosive-growth</link>
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<pubDate>Fri, 26 Jun 2026 14:01:14 GMT</pubDate>
<description><![CDATA[Prediction market platform **Polymarket** has announced that its annualized revenue has surged well above **$1 billion**, the company shared exclusively with CNBC. This milestone comes just six weeks after the platform lifted the waitlist for its **U.S. exchange**, which operates separately from its international decentralized finance platform.
The **FIFA World Cup** has been a major catalyst, sending trading volumes soaring across prediction markets. On Polymarket's U.S. platform, daily volume jumped from around **$50 million** in mid-May to over **$200 million** on June 20. The international platform also hit all-time highs in weekly trading volume amid the World Cup boom, recovering from declines in April and May.
Polymarket's U.S. exchange launched in December, following a 2022 prohibition from operating in the country due to registration issues with regulators. In July, the CFTC and DOJ dropped investigations without charges, and Polymarket U.S. now operates as a **CFTC-regulated exchange**. The U.S. platform was waitlisted until six weeks ago, when access was opened via the mobile app; a desktop version is still unavailable.
"Polymarket is a product-led company," a spokesperson said. "We spent the last five years building the world’s largest prediction market, and understanding how people engage with markets at scale. We are applying those learnings to our U.S. platform, where our focus is on intuitive market experiences, institutional-grade liquidity and a consumer experience that sets the standard for the category."]]></description>
<author>contact@bitcointoday.app (BitcoinToday.app)</author>
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<title><![CDATA[Meta's AI Business Agents: The Hidden Catalyst That Could Send META Stock Soaring]]></title>
<link>https://www.bitcointoday.app/article/metas-ai-business-agents-the-hidden-catalyst-that-could-send-meta-stock-soaring</link>
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<pubDate>Fri, 26 Jun 2026 07:01:31 GMT</pubDate>
<description><![CDATA[**Meta Platforms** (META) is facing a rough patch, with shares down 16% year-to-date and bulls growing frustrated. But one analyst sees a game-changing opportunity that could reignite growth: **AI-powered business agents** on WhatsApp and Messenger.
Piper Sandler analyst **Thomas Champion** reiterated his overweight rating on Meta, calling the company a top large-cap pick. He believes Meta's new **Business Agent** product—a customer support bot announced earlier this month—could unlock "the next leg of revenue growth."
The tool allows businesses to automate customer interactions using AI, and Champion sees a massive **total addressable market** of over **$75 billion**, spanning contact-center-as-a-service, customer engagement marketing, and marketing automation software.
Meta has already seen success with paid messaging on WhatsApp, generating **$2.6 billion** in "other" revenue in 2025, up from $800 million in 2022. But the new agent could extend beyond emerging markets and across Meta's entire app ecosystem.
While agent revenue may not scale until 2027, Champion argues that Meta's stock is pricing in minimal benefit, trading at just **16 times estimated 2027 earnings**. He set a price target of **800**, implying significant upside from current levels around **542**.
## The AI Spending Debate
Meta stock has fallen over 20% since its Q1 earnings report, which revealed plans to spend **$135 billion** in capital expenditures this year on AI data centers. Investors are skeptical about the timeline for returns on this massive investment.
However, Champion's analysis suggests that the Business Agent could be the catalyst that turns AI spending into tangible revenue, potentially easing bearish concerns.
*This article is for informational purposes only and does not constitute investment advice.*]]></description>
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<title><![CDATA[86-Year-Old Woman Loses $900K in AI Crypto Scam: A Heartbreaking Cautionary Tale]]></title>
<link>https://www.bitcointoday.app/article/86-year-old-woman-loses-900k-in-ai-crypto-scam-a-heartbreaking-cautionary-tale</link>
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<pubDate>Fri, 26 Jun 2026 20:01:31 GMT</pubDate>
<description><![CDATA[An 86-year-old Canadian woman has lost over **$900,000** after falling victim to a sophisticated cryptocurrency scam that used a **deepfake video** of Prime Minister Mark Carney. The scam, which originated on Facebook, highlights the growing threat of AI-powered fraud.
## The Scam Unfolds
Judy Skene, from Sault Ste. Marie, Ontario, first encountered the scam in 2025 while browsing Facebook. She saw a video of Carney promoting a crypto investment platform that promised **unusually high returns** and claimed backing from the **Bank of Canada**. “I saw an ad on Facebook of Mark Carney telling me if I invested $350 Canadian, it would be backed by the Bank of Canada,” Skene said.
Trusting the message, she clicked the link, signed up, and made an initial payment. Soon after, she received a call from someone claiming her investment had already **tripled in value**. Over the following months, she continued investing, gradually draining her life savings. She even took out a **$300,000 mortgage** on her condominium to keep investing.
On the fake platform, her account showed strong growth, but in reality, there was no real investment. By the time the scheme ended, Skene had lost more than **$900,000**. “Once I did the final payment, there was no more conversation and all my money was gone,” she said.
## The Aftermath
The impact has been severe. A family friend, Pat Probert, stepped in to support her. He said the situation became so distressing that Skene even **considered taking her own life**. Her condo fees and insurance payments were bouncing. Probert has since raised concerns about online fraud and urged people to check in on vulnerable relatives, especially seniors living alone.
## The Role of AI and Social Media
Such scams are becoming increasingly difficult to detect due to the use of **artificial intelligence** to create realistic deepfake videos featuring public figures. Mohit Rajhans, an AI expert, emphasized that responsibility should also lie with social media companies that host fraudulent advertisements. “These scams are on every different type of platform,” he said.
## A Warning to Others
Skene has spoken out to warn others about online fraud. “Just be alert and be careful with what you see on Facebook,” she said. Probert has launched a GoFundMe campaign to help her manage living expenses, noting that she had intended to leave her money to charity. “Judy was not doing this for greed; she was doing it to help others. Now she is the one needing help.”]]></description>
<author>contact@bitcointoday.app (BitcoinToday.app)</author>
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<title><![CDATA[Dave Portnoy Throws Down the Gauntlet: 'Bitcoin Looks Like It's Going to Zero']]></title>
<link>https://www.bitcointoday.app/article/dave-portnoy-throws-down-the-gauntlet-bitcoin-looks-like-its-going-to-zero</link>
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<pubDate>Thu, 25 Jun 2026 20:01:32 GMT</pubDate>
<description><
*This article originally appeared on TheStreet.*]]></description>
<author>contact@bitcointoday.app (BitcoinToday.app)</author>
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<title><![CDATA[Bitcoin Miners in Crisis: Revenue Plunges Below Production Costs as 20% Become Unprofitable]]></title>
<link>https://www.bitcointoday.app/article/bitcoin-miners-in-crisis-revenue-plunges-below-production-costs-as-20-become-unprofitable</link>
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<pubDate>Thu, 25 Jun 2026 07:01:13 GMT</pubDate>
<description><![CDATA[Bitcoin miners are facing a deepening margin squeeze as **revenue has fallen below production costs** for an extended period. The 7-day moving average of miner revenue now sits near **$30 million per day**, down from over $50 million last summer. Transaction fees have nearly vanished, contributing under $250,000 daily—a rounding error compared to the block subsidy.
BTC has traded near **$62,500**, well below JPMorgan's estimated production cost of roughly **$78,000**. This gap has persisted for five consecutive months, the longest stretch this cycle. Production costs have historically served as a soft price floor, but that support has weakened.
An estimated **20% of miners are now unprofitable** at current prices. Network-level stress is evident: the beta of mining difficulty to bitcoin's price has climbed to **0.62** over the past six months, as higher-cost operators frequently power machines on and off based on price rather than mining through losses.
Difficulty fell **10% in the second week of June**, the second such decline this year, both occurring during extended periods of sub-cost pricing. Public miners have sold over **32,000 BTC** in the first quarter to cover operating costs, leaning on balance sheets rather than cutting deeper.
With the next halving still nearly two years away, the subsidy curve only moves downward. Fee revenue—the one variable miners can influence—remains near multi-year lows, leaving margin recovery almost entirely dependent on a price increase.]]></description>
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<title><![CDATA[Bitcoin's Supply in Loss Hits Record High, But Long-Term Holders Keep Calm and Carry On]]></title>
<link>https://www.bitcointoday.app/article/bitcoins-supply-in-loss-hits-record-high-but-long-term-holders-keep-calm-and-carry-on</link>
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<pubDate>Thu, 25 Jun 2026 14:01:12 GMT</pubDate>
<description><![CDATA[As Bitcoin dipped below $59,100 on Wednesday, the number of coins held at a loss surged to an **all-time high of 10.83 million BTC**, according to Glassnode data.
The largest cryptocurrency has repeatedly tested the $60,000 level since February, briefly falling below it several times. Four months ago, the supply in loss peaked at 9.8 million BTC, and it climbed to 10.78 million in early June.
Looking at previous bear market bottoms, around **10.5 million BTC in loss is broadly consistent** with levels seen near cycle lows in 2019, 2020, and 2022.
### Long-Term Holders Remain Unfazed
Breaking this down further, **5.58 million BTC are held at a loss by long-term holders (LTHs)** — investors who have held their coins for at least 155 days. This is the second-highest level on record, behind only March 2020, when more than 5.6 million of the cohort's bitcoin were at a loss.
Even so, long-term holders now control approximately **14.8 million BTC, another all-time high**. With roughly 20 million BTC in circulation, these investors hold close to **75% of the circulating supply**, of which 37% are in the red.
Historically, long-term holders tend to accumulate and continue holding throughout bear markets, increasing their share of the supply. During periods of peak bull-market euphoria, they typically begin selling into market strength.]]></description>
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<title><![CDATA[Bitcoin in Peril: $59K Next as Liquidity Vanishes and Risk-Off Takes Over]]></title>
<link>https://www.bitcointoday.app/article/bitcoin-in-peril-59k-next-as-liquidity-vanishes-and-risk-off-takes-over</link>
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<pubDate>Wed, 24 Jun 2026 14:01:31 GMT</pubDate>
<description><![CDATA[## Bitcoin Drops to $62K as Gold Falls Below $4,000
Bitcoin (BTC) has fallen back to just under $62,000, modestly lower over the past 24 hours. The slide comes as **gold** has slid almost 4% today, now **below $4,000 per ounce** for the first time since November 2025. WTI crude oil has dropped to $70.20 per barrel.
## Michael Saylor's Strategy Slips Below $100
With bitcoin pulling back to just above $61,000, **Strategy (MSTR)** has dropped nearly 4% in early trading, touching as low as **$99.10** — the first time shares haven't been in triple digits since February 2024. MSTR is down more than 36% year-to-date.
## Bessent Comments Provide Modest Boost
U.S. Treasury Secretary **Scott Bessent** said he's a fan of new Fed Chair Kevin Warsh's decision to scrap forward guidance. Bessent also expects **3% or higher GDP growth** this year. Bitcoin rose about 1% alongside the remarks to $62,800.
## $30 Billion That Won't Go Into Crypto
South Korean memory chip giant **SK Hynix** has filed to raise nearly **$30 billion** by listing shares in the U.S., another example of investor dollars being scooped up by the AI boom.
## Debasement Trade Unwinds Further
Metals continue to slide alongside bitcoin. Gold is down 6% year to date and **28% below its January record high**, while silver is down 13% year to date and **50% below its January peak**.
## BlackRock Doubles Down on Bitcoin as Diversifier
BlackRock posted on X that bitcoin's role in portfolios is evolving and that a **modest allocation (typically ~1–2%)** could enhance return potential while maintaining appropriate risk tolerance.
## BTC Confirms Bear Flag Breakdown
Bitcoin fell over 2% Tuesday, confirming a **bear flag breakdown**. The euro-yen pair has fallen to its lowest since May 6, and the U.S. dollar index has climbed to 101.57 — a classic **risk-off signal**.
## Wintermute Sees Bitcoin Grinding Toward $59,000
Wintermute's OTC trading desk says options markets price a relatively tight move, with bitcoin in a **$61,242 to $63,563 range** for the next 24 hours. The backdrop is deteriorating: **token correlations are rising** and **liquidity is thinning** with no fresh institutional bid visible in ETF flows. Wintermute flagged **$59,000 as the key support** to watch.
## U.S. House Sends Housing Bill with CBDC Ban to Trump
The bill includes a **four-year ban on a Fed-issued central bank digital currency** — the first time such a provision is heading to the president's desk.
## HYPE Gets Its First Implied Volatility Index
Volmex launched a 14-day implied volatility index for Hyperliquid's native token HYPE, which has surged **143% this year** while bitcoin and ether have declined.]]></description>
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