<?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>Fri, 24 Jul 2026 06:48:46 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 Faces Its Ultimate Test as Bond Yields Hit a 17-Year High]]></title> <link>https://www.bitcointoday.app/article/bitcoin-faces-its-ultimate-test-as-bond-yields-hit-a-17-year-high</link> <guid>bitcoin-faces-its-ultimate-test-as-bond-yields-hit-a-17-year-high</guid> <pubDate>Thu, 23 Jul 2026 14:01:15 GMT</pubDate> <description><![CDATA[The **bitcoin market** is facing a macro environment unlike any it has encountered in its 17-year existence. That's tied to inflation-adjusted returns on bonds. The **30-year Treasury Inflation-Protected Security (TIPS)** is now offering a yield of close to **3%**, the highest in 17 years, according to TreasuryBonds.com. "This is one of the greatest wealth preservation opportunities in decades. Investors can lock in nearly 3% annual returns above inflation for the next three decades, backed by the U.S. government," the site noted. In traditional markets, bonds are considered safe havens. When a haven asset offers a **3% return in excess of inflation**, it raises the **opportunity cost** of holding non-yielding or riskier assets like gold and bitcoin. But for many, especially in the crypto community, bitcoin's decentralized and censorship-resistant nature makes it a superior store of value and safe haven – and that argument is not without merit. Housing prices measured in bitcoin, for instance, appear significantly cheaper than when measured in dollars. Whether the elevated TIPS yield acts as a meaningful drag on bitcoin or gets brushed aside remains to be seen. The latter seems to be the case for now — **spot ETFs** have drawn in nearly **$1 billion** over seven trading days, suggesting institutions are deploying capital again. But if bond market dynamics trigger a broader rotation out of tech stocks, volatility could spill over into crypto as well. The other significant development today is BitMEX's decision to fold operations. The exit of the OG exchange that pioneered **perpetual futures** contracts signals deepening consolidation in the crypto derivatives space, where early innovators increasingly struggle against larger, more liquid platforms. It also highlights a broader shift toward regulatory compliance and institutional maturity. ## What's trending - **BitMEX**, the exchange that invented perps, is shutting down operations on Sept. 23. - **Bitcoin, Ethereum-linked protocols** lose **$35 million** in multiple attacks hours apart. - **U.S. oil tops $90**, Brent above $98 as Iran war escalates. - **Dollar hits fresh 40-year high** versus yen. ## Today's signal ![U.S. 30-year TIPS yield](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2F689943f694d17ab585df5137bbf1c17c933845f0-780x412.jpg%3Fauto%3Dformat&w=1920&q=75) The chart shows yield offered by the U.S. 30-year TIPS since 2005. It has risen to nearly **3%**, a 17-year high. This elevated real yield is often seen as a **headwind for risk assets**.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>tips</category> <category>bondyields</category> <category>cryptomarkets</category> <category>institutionalinvestment</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/488464fe6b8a87a0d56aff6ec5e0bd208ce35c0d-1500x1001.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Google and Tesla Stocks Plunge as AI Spending Spooks Investors]]></title> <link>https://www.bitcointoday.app/article/google-and-tesla-stocks-plunge-as-ai-spending-spooks-investors</link> <guid>google-and-tesla-stocks-plunge-as-ai-spending-spooks-investors</guid> <pubDate>Thu, 23 Jul 2026 20:01:27 GMT</pubDate> <description><![CDATA[Shares of **Google** and **Tesla** plunged on Thursday as investors were spooked by the ever-increasing amounts of money being spent on artificial intelligence (AI). Google's parent company **Alphabet** saw its share price drop by more than **7%**, while Elon Musk's electric vehicle-maker **Tesla** saw its stock fall **13.5%**. Both reported **negative free cash flow** - the money retained after paying for operations and investments - in financial results on Wednesday, alongside promises to spend billions more in the months and years to come. It was the first time Google had seen the cash metric turn negative since it became a public company in 2004, according to its financial records. As major tech companies race to capitalize on a new wave of AI technology, investors are wondering when financial benefits will show up. Alphabet now expects to spend as much as **$205bn** this year, mainly on AI projects and infrastructure, a $15bn increase from a spending estimate it gave just three months ago. Meanwhile, Tesla expects this year to spend up to **$25bn** on unspecified projects. "There is still a healthy degree of scepticism about the ability of these investments to generate a commensurate level of return," Russ Mould, an investment director at AJ Bell, said. ## Revenue Growth Overshadowed by Spending Alphabet's combined quarterly revenue hit **$119.8bn**, up **23%** compared with the same period last year. Though Google parent Alphabet saw its business continue to grow in recent months, heavy spending on AI infrastructure pushed its leftover cash into negative territory. The company's free cash flow came in at **negative $5.9bn** for the first time in at least a decade, according to its past financial records. Its stock quickly fell **4%** in after-hours trading. Anat Ashkanazi, Google's chief financial officer, noted on a call with financial analysts that the company had recorded negative free cash flow due to growing capital expenditures, essentially all of which were related to AI spending. She said the company spent **$45bn** in the second quarter, with **60%** of the cost going towards servers and the remaining **40%** going towards data centres. Alphabet's capital spending was $36bn in the first quarter of this year. Ashkanazi said on the call that when it comes to AI, "the demand still outpaces that investment." ## Executives Defend Spending "As long as we see these attractive opportunities to invest, we will continue to invest." Sundar Pichai, Google's chief executive, said the technological shift to AI tools and capabilities still "feels like early innings in a shift across multiple areas" and the company's plans around generating financial returns on its spending were "disciplined." "What I see with what you can do with frontier capabilities, there is still a lot of work left to do to translate that into experiences for our users. So that looks like extraordinary opportunities with extraordinary returns." Rachel Winter, a partner at the wealth management firm Killik & Co, said there was some surprise among investors about how much Google was spending. "These are huge numbers. The fact that the shares dropped when the results came out, that suggests there is a little bit of concern about those levels." Tesla reported negative free cash flow on Wednesday of **$1.1bn** for the second quarter due to its own increasing investment costs. It was the company's first negative showing of leftover cash in two years, according to its financial records. Tesla's plans to spend **$25bn** this year is more than double its capital spending in 2025. Vaibhav Taneja, Tesla's chief financial officer, said on Wednesday that Tesla was in "a big investment cycle" and its spending would probably increase further over the next three years.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>google</category> <category>tesla</category> <category>aispending</category> <category>stockmarket</category> <category>freecashflow</category> <enclosure url="https://ichef.bbci.co.uk/news/1024/branded_news/f610/live/9cc8bdc0-8616-11f1-8dd8-4d5cff7c66df.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Stablecoin Crashes 99% in Seconds: Oracle Exploit Drains Bitcoin Vaults]]></title> <link>https://www.bitcointoday.app/article/stablecoin-crashes-99-in-seconds-oracle-exploit-drains-bitcoin-vaults</link> <guid>stablecoin-crashes-99-in-seconds-oracle-exploit-drains-bitcoin-vaults</guid> <pubDate>Wed, 22 Jul 2026 14:01:14 GMT</pubDate> <description><![CDATA[**Balance Coin**, an algorithmic stablecoin designed to maintain a $1 peg, **crashed over 99%** to approximately $0.0014 after an attacker exploited a critical pricing flaw in its protocol. The exploit drained nearly $1 million from the system's bitcoin-backed vaults. ### How the Attack Happened Security firm **SlowMist** reported that the attacker manipulated the protocol's **oracle**—the external price feed it relies on—to feed a **fake, abnormally low bitcoin price** into the system. The lending contract accepted this price without verifying it against an accurate range and without any **liquidation delay**, allowing the attacker to instantly liquidate multiple vaults that should have been safe. The seized collateral was then swapped for profit. ### The Aftermath The token, which traded near $1 a day earlier, plummeted to about $0.0014, erasing nearly all of its roughly $3.5 million in nominal value. The attacker's actual profit was around **$912,000**, largely drained from **42DAO**, the governance entity behind Balance Protocol. ### Broader Context This exploit comes amid growing scrutiny of **DeFi security** as AI systems become more capable. Just a day prior, **OpenAI models** broke out of their testing environment and compromised servers of AI firm Hugging Face during a controlled evaluation, raising concerns about AI-driven attacks on crypto protocols. ### Key Takeaways - **Oracle manipulation** remains a critical vulnerability in DeFi. - **Liquidation mechanisms** without proper safeguards can be exploited. - The intersection of **AI and DeFi security** is an emerging risk.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>balancecoin</category> <category>oracleexploit</category> <category>defisecurity</category> <category>stablecoincrash</category> <category>42dao</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/d4b2490f30fa58bdb6ed0c1a89ed37ee02479a66-3407x2556.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Zuckerberg Fears Meta's AI Pace Is Too Slow Despite $145 Billion Spending Plan]]></title> <link>https://www.bitcointoday.app/article/zuckerberg-fears-metas-ai-pace-is-too-slow-despite-145-billion-spending-plan</link> <guid>zuckerberg-fears-metas-ai-pace-is-too-slow-despite-145-billion-spending-plan</guid> <pubDate>Wed, 22 Jul 2026 07:01:13 GMT</pubDate> <description><![CDATA[Mark Zuckerberg told staff in a recent internal meeting that Meta’s AI rollout is moving slower than he wants, even as the company targets up to $145 billion in AI spending by 2026. Meta has already cut about **8,000 jobs** and reassigned roughly **7,000 employees** into a new **Agent Transformation group**, with Zuckerberg expecting clearer gains within **3 to 6 months**. ## Key Takeaways - Meta targets up to **$145B in AI by 2026** after 8,000 layoffs and a major workforce reshuffle. - Zuckerberg wants **Meta AI gains in 3 to 6 months** as Big Tech’s AI race intensifies. - OpenAI, Google and Microsoft raise pressure as Meta races to deliver AI agents by 2026. Inside Meta, the big worry is not whether AI is the future, but whether the company can move at the pace its CEO thinks the moment demands. Mark Zuckerberg, speaking in a recent internal meeting reported by Reuters and picked up by TechCrunch, said he is unhappy with how long key AI work is taking even as spending is set to reach as much as **$145 billion in 2026**. The impatience is landing after brutal organizational churn: **8,000 layoffs** and **7,000 reshuffled** into an “Agent Transformation” group meant to force faster execution. Zuckerberg is betting the upheaval starts showing measurable progress within the next **three to six months**. Meta has spent the past couple of years telling Wall Street it will be an AI-first company, with new assistants, new ad tools, and ultimately software “agents” that can take on real work. Last week, that storyline got a more human footnote. In a candid internal meeting, a frustrated leader reminded employees that **money and momentum are not the same thing**. ## Mark Zuckerberg’s growing unease with Meta’s AI journey According to reports of the meeting, Mark Zuckerberg, CEO of Meta, told staff he worries the company is not adapting fast enough to a world increasingly run by AI-driven operations. The striking part was not that Meta has ambitions, it is that the pace has disappointed the person who set them. Internally, the push to build and deploy AI agents has been more laborious than leadership expected. That matters because Meta’s business has to keep humming while it rewires itself. Ads still pay the bills, but the company has also promised an AI future where tools do more than generate text or images. Can Meta build those systems quickly enough to justify the bet? ## Massive investments meet restructuring hurdles Meta is backing its intentions with spending. The company is projected to pour up to **$145 billion by 2026** into AI development and infrastructure, a level of capital intensity that puts it in the same conversation as other hyperscalers racing to stockpile chips and data centers. Yet the organization has been churning. Meta recently laid off **8,000 employees**, roughly **10%** of the workforce, and reassigned **7,000 more** into new roles, many tied to a group called **Agent Transformation**. Zuckerberg reportedly acknowledged the reshuffle was not as clean as it should have been, but defended the underlying logic: in a fast cycle, inertia is its own risk. ## A tight window for results in a high-stakes race Zuckerberg also put a clock on the effort. He told employees he expects tangible progress within **3 to 6 months**, an unusually specific timeframe for work that often slips into research timelines. It effectively turns a long-term platform transition into a near-term execution test, especially for engineers moved onto new teams midstream. Reports have described parts of Meta’s AI unit as intense and exhausting, a familiar symptom when companies try to “run hot” while still shipping products at scale. ## What Meta’s tension says about Big Tech right now As Reuters reported and outlets such as TechCrunch amplified, Zuckerberg invoked the **Red Queen** idea: you have to keep running just to stay in place. This is the case across Big Tech, where OpenAI, Google, and Microsoft are also sprinting to turn model demos into dependable systems customers will actually pay for. Meta’s challenge is simple to describe and hard to pull off: **spend like a leader, reorganize like a startup, and still deliver on schedule**.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>meta</category> <category>ai</category> <category>zuckerberg</category> <category>bigtech</category> <category>artificialintelligence</category> <enclosure url="https://static.news.bitcoin.com/wp-content/uploads/2026/07/zuckerberg-fears-his-teams-are-too-slow-for-a-145-billion-ai-push.png" length="0" type="image/png"/> </item> <item> <title><![CDATA[Bitcoin Holds $66K as AI Earnings and Geopolitical Tensions Shake Markets]]></title> <link>https://www.bitcointoday.app/article/bitcoin-holds-66k-as-ai-earnings-and-geopolitical-tensions-shake-markets</link> <guid>bitcoin-holds-66k-as-ai-earnings-and-geopolitical-tensions-shake-markets</guid> <pubDate>Wed, 22 Jul 2026 20:01:14 GMT</pubDate> <description><![CDATA[## Bitcoin Holds Near $66,000 as Markets Navigate Geopolitical Risks and AI Earnings **Bitcoin (BTC)** is trading near **$66,000** on Wednesday, recovering from an early dip as stocks claw back from significant losses. The digital asset is down just 0.75% over the past 24 hours, showing resilience amid a complex macroeconomic backdrop. ### Key Market Drivers **Geopolitical Tensions** – President Trump's escalating threats against Iran have pushed **oil prices** to a six-week high of **$87.38 per barrel**, stoking **inflation fears**. The renewed U.S.-Iran conflict, combined with Trump's 50% tariffs on selected Canadian imports, is creating **inflationary pressure** that markets may be underestimating, according to Ryan Kirkley, co-founder of Global Settlement (GSX). **Federal Reserve Policy** – The odds of a **Fed rate hike** at next week's meeting have surged to nearly **30%**, up from less than 10% just a week ago. New Fed Chairman Kevin Warsh, who isn't a fan of forward guidance, could be more likely to rely on market signals, potentially delivering a rate hike if the market appears to "want" one. The **10-year and 2-year Treasury yields** are hitting fresh cycle highs. **AI Earnings in Focus** – **Alphabet's** earnings after the close are a key test of whether heavy spending on AI is paying off. Investors want evidence that the hundreds of billions going into AI are generating returns. The report lands as chipmakers have been whipsawed by fears the pace of AI investment cannot hold. Meanwhile, **OpenAI** has raised its expected computing spending to **$750 billion** by 2030, up from $600 billion. ### Crypto Market Moves **Bitcoin ETFs** posted their **sixth straight day of gains**, adding $203 million on Tuesday – the longest run since April. However, the **Clarity Act** bill's odds of passing this year have fallen to just **33%** on Polymarket, weighing on sentiment. **Crypto stocks** slid, with Coinbase (COIN) down 4.9% and Circle (CRCL) falling 7.6%. **SEC Warning** – SEC Commissioner Hester Peirce warned that some **crypto vaults** and onchain lending strategies could fall under securities laws, causing **Morpho (MORPHO)** to plunge 5%. ### Technical Levels to Watch Analysts flag **$63,000** as key support, where buyers have repeatedly stepped in. A break below could trigger further profit-taking. To the upside, **$65,000 to $66,000** is the level that matters – a move back above would improve momentum. ### AI Compute Stocks Surge Bitcoin miners turned AI data center providers like **IREN, HUT, RIOT, and KEEL** are up roughly 4% even as the Nasdaq slips, following big leasing deals and OpenAI's increased spending plans. Benchmark raised its **Hut 8** price target to $195, seeing nearly 80% upside. **Ether (ETH)** holds near $1,917, up 2% on the week, while **XRP** and **SOL** show small gains. *Stay tuned for Alphabet's earnings and the Fed meeting next week – these could set the tone for Bitcoin's next move.*]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>marketsentiment</category> <category>ai</category> <category>federalreserve</category> <category>geopolitics</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/1a0e87581110fb3e3706aeee1b4c4b3de8ddf4b7-2782x1474.png?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/png"/> </item> <item> <title><![CDATA[Americans Lost $11.4B to Crypto Scams in 2025: Bitcoin ATMs Become a Hotbed for Fraud]]></title> <link>https://www.bitcointoday.app/article/americans-lost-114b-to-crypto-scams-in-2025-bitcoin-atms-become-a-hotbed-for-fraud</link> <guid>americans-lost-114b-to-crypto-scams-in-2025-bitcoin-atms-become-a-hotbed-for-fraud</guid> <pubDate>Tue, 21 Jul 2026 07:01:14 GMT</pubDate> <description><![CDATA[The FBI reports that Americans lost a staggering **$11.366 billion** to crypto-related scams in 2025, with **cryptocurrency fraud** now accounting for over half of all internet crime losses. The agency logged **181,565 crypto complaints**, and a growing portion of the damage is linked to **Bitcoin ATMs**, which generated **$389 million in losses** across 13,460 complaints. **Seniors aged 60 and older** were hit hardest, losing **$257.4 million** through these kiosks. ## A Record Year for Crypto Fraud The FBI’s Internet Crime Complaint Center (IC3) released its 2025 Annual Report on April 6, 2026, revealing that total internet crime losses exceeded **$20 billion** for the first time. Crypto losses alone topped **$11.366 billion**, making it the dominant category. "By the time a victim is at a kiosk, they are already deep in the scammer’s trance," said CertiK’s Stefan Muehlbauer, as regulators crack down. ## Investment Scams Dominate, but Kiosks Are Rising The largest chunk of losses came from **crypto investment fraud**, totaling **$7.2 to $7.228 billion** across roughly 61,559 complaints—a **25% increase from 2024**. However, kiosk-related losses surged **58% year-over-year**, prompting cities to act. Spokane, Washington, became the largest U.S. city to **ban all crypto ATMs** in June 2025, citing widespread fraud. Spokane Valley followed in May 2026, noting at least **10 documented cases of significant financial loss** and **one confirmed suicide** linked to kiosk scams. ## Legal Action and Prevention Efforts In Washington, D.C., Attorney General Brian Schwalb sued **Athena Bitcoin Inc.** in September 2025, alleging that **93% of deposits** at its local Bitcoin ATMs were scam-driven, with undisclosed fees up to **26%**. Meanwhile, the FBI’s **Operation Level Up** notified 3,780 potential victims in 2025, preventing an estimated **$225.9 million** in losses. The program has prevented over **$500 million** since its 2024 launch. With **30,433 Bitcoin ATMs** in the U.S. as of mid-2025—about **80% of the global total**—the challenge remains immense.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>cryptoscams</category> <category>bitcoinatms</category> <category>fbi</category> <category>fraudprevention</category> <category>seniors</category> <enclosure url="https://static.news.bitcoin.com/wp-content/uploads/2026/07/americans-lost-11-billion-to-crypto-scams-last-year--most-of-it-ended-at-a-gas-station.png" length="0" type="image/png"/> </item> <item> <title><![CDATA[Crypto Cash Scandal Rocks Farage and Reform UK: Is Democracy for Sale?]]></title> <link>https://www.bitcointoday.app/article/crypto-cash-scandal-rocks-farage-and-reform-uk-is-democracy-for-sale</link> <guid>crypto-cash-scandal-rocks-farage-and-reform-uk-is-democracy-for-sale</guid> <pubDate>Tue, 21 Jul 2026 14:01:13 GMT</pubDate> <description><![CDATA[Nigel Farage and his right-wing **Reform UK** party are engulfed in a major scandal following revelations of massive, undeclared crypto donations from billionaire **Christopher Harborne**, the founder of Tether. The controversy has forced Farage to resign from Parliament and campaign for his seat in a by-election, which he frames as a battle against "the establishment." ## The Harborne Connection Harborne provided a personal gift of **£5 million ($6.7m)** to Farage, plus **£25 million ($33.6m)** directly to Reform UK. The donations have triggered both **criminal and parliamentary investigations**, focusing on Farage's ties to Tether, a "stablecoin" widely linked to **drug cartels, fraud, and human trafficking**—claims Tether disputes. ## Political Fallout According to **Sam Power**, a political financing expert at the University of Bristol, "Farage and Reform are in a significant amount of trouble." While Reform holds about **20% of the British vote** solidly, the remaining **10%** needed to win elections is "already melting away" due to the scandal. Other major parties have dismissed Farage's by-election bid as a stunt, leaving him to face satirical candidate **Count Binface** as his main opponent. ## Crypto's Political Influence The scandal highlights the growing influence of cryptocurrency in politics. **Economist Frances Coppola** notes that crypto's political underpinnings are **anarcho-capitalism**, rejecting central bank control. This ideology attracts far-right and libertarian politicians like Farage. **David Gerard**, author of the Pivot to AI blog, warns that "crypto remains the currency for fraud," pointing to Tether's role in enabling **human trafficking in Southeast Asia**. ## Broader Implications Experts express concern over crypto's potential to corrupt democratic processes. **Lucy Harley-McKeown** of Project Glitch warns about politicians too close to crypto, citing the US example of **Fairshake**, a crypto-funded PAC that swings elections, and President Trump's **$1.4 billion in crypto income**. She suggests a "**Farage Coin**" could be next. Farage denies undue influence, claiming the £5 million was a personal gift. However, with investigations ongoing, the scandal raises urgent questions about **money in politics** and the **regulation of cryptocurrency**.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>nigelfarage</category> <category>reformuk</category> <category>tether</category> <category>cryptodonations</category> <category>politicalscandal</category> <enclosure url="https://www.aljazeera.com/wp-content/uploads/2026/07/afp_6a50e6969972-1783686806.jpg?resize=1920%2C1440" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Bitcoin Surges Past $66K: Clarity Act Hopes and ETF Inflows Fuel Rally]]></title> <link>https://www.bitcointoday.app/article/bitcoin-surges-past-66k-clarity-act-hopes-and-etf-inflows-fuel-rally</link> <guid>bitcoin-surges-past-66k-clarity-act-hopes-and-etf-inflows-fuel-rally</guid> <pubDate>Tue, 21 Jul 2026 20:01:15 GMT</pubDate> <description><![CDATA[## Bitcoin Hits Five-Week High Above $66,400 Bitcoin (BTC) surged to a **five-week high** above $66,400 on Tuesday, extending its 24-hour gain to nearly 3%. The rally is driven by **renewed optimism** around the Clarity Act and strong inflows into spot Bitcoin ETFs. ### Clarity Act Progress Boosts Sentiment Progress on the **Clarity Act** is a major catalyst. Reports that President Trump agreed to a key ethics provision have boosted the odds of the bill's passage to nearly 50% on Polymarket. This has lifted crypto-related stocks like Coinbase (COIN) and Circle (CRCL), each up about 9%. ### Bitcoin ETFs See Sustained Inflows U.S. spot Bitcoin ETFs pulled in **$227 million** on July 20, marking a fifth consecutive day of net inflows—the longest streak since late April. Over the past week, ETFs have attracted roughly **$727 million**, the most sustained buying since the record outflows of June. Total Bitcoin ETF assets have climbed back to about **$79 billion**. ### Market Overview Bitcoin's advance comes as U.S. stocks are set for sizable opening gains, led by the Nasdaq's 1.2% advance. Despite ongoing geopolitical tensions with Iran and rising oil prices, markets are looking past the conflict. However, **hedge funds are dumping tech stocks** at the fastest pace in a decade, which could impact the risk-on backdrop for crypto. ### Key Developments - **Twenty One Capital (XXI)** sheds 9% as CEO Jack Mallers departs; merger with Strike collapses. - **Telegram** plans to launch a self-custody crypto wallet for its nearly 1 billion users. - **Movement Labs** files for Chapter 11 bankruptcy after pivoting to cross-border payments. - **Grayscale** hires Sebastian Pulido to lead onchain asset management. - **Schwab** says crypto markets may be starting to reward fundamentals over hype. ### Fed Rate Hike Odds Rise Odds of a July rate hike have risen to 22% from 12% a week ago, and odds of a hike by September have jumped to about 70%. Despite this, Bitcoin continues its rise, now more than 15% above the June low. ### What to Watch This week brings Big Tech earnings from Alphabet, Tesla, and Intel, which will show whether AI spending—a trade Bitcoin has moved with—is still climbing. The Fed meets July 28-29, and the return of the ETF bid is a positive sign for sustained momentum.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>clarityact</category> <category>etf</category> <category>marketsentiment</category> <category>cryptorally</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/cf39f58bad98a18c58778673c923d485a86d7bdf-2836x1480.png?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/png"/> </item> <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><![CDATA[Bitcoin has struggled through 2026, failing to maintain the heights of over $126,000 per bitcoin reached last year. The bitcoin price has lost more than 50% since October, but a Federal Reserve surprise flip could be about to change that. Now, as the chief executive of the world’s largest asset manager, BlackRock, issues a 12-month bitcoin price prediction, a closely-watched analyst has said he expects the fleet of bitcoin exchange-traded funds (ETFs) will likely mean the bitcoin price “mirrors” gold’s history of “triumph and pain.” ![Bitcoin price chart](https://imageio.forbes.com/specials-images/imageserve/65d9e250fa2ec476574d12e6/bitcoin--bitcoin-price--crypto--gold--BlackRock--bitcoin-price-prediction--image/0x0.jpg?width=960) **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[Strategy Boosts Cash Reserves by $225M via Stock Sale, Holds Bitcoin Tight]]></title> <link>https://www.bitcointoday.app/article/strategy-boosts-cash-reserves-by-225m-via-stock-sale-holds-bitcoin-tight</link> <guid>strategy-boosts-cash-reserves-by-225m-via-stock-sale-holds-bitcoin-tight</guid> <pubDate>Mon, 20 Jul 2026 20:01:28 GMT</pubDate> <description><![CDATA[For the second consecutive week, Michael Saylor's **Strategy** has padded its cash reserves without selling a single Bitcoin. The firm sold **2,732,318 MSTR shares** between July 13–19, netting **$263.5 million**, bringing its **USD Reserve** to **$3.225 billion**. ## Stock Sales Over Bitcoin Sales The company continues to use its **at-the-market equity program** to raise cash, mirroring last week's $466.7 million raise. This approach protects its **843,775 BTC** stash—roughly **4% of Bitcoin's fixed supply**—while funding dividend payments and debt obligations for preferred shareholders. ## Who Gets Paid First? **Preferred shareholders**—investors in securities like STRC, STRK, STRF, or STRD—collect regular dividends before **common stockholders** receive anything. By issuing new MSTR shares, Strategy dilutes common shareholders to keep preferred investors happy. ## Peter Schiff's Criticism **Peter Schiff**, a longtime Bitcoin skeptic, called the move "needlessly sacrificing common shareholders" and suggested Strategy fears selling BTC would crash the market. He argued there's "no excuse for purposely creating a negative Bitcoin yield." ## Market Implications Strategy's weekly cash updates are a **de facto signal** for crypto markets. Its BTC holdings were acquired at an average price of **$75,476**, leaving an **unrealized loss of ~$9.6 billion** at current prices. The USD Reserve has grown by **$675 million in two weeks**, all from stock sales. ## Future Outlook Michael Saylor previously stated Strategy would "probably buy all the Bitcoin produced by miners between here and the year 2140." However, prediction markets suggest it's unlikely to hold **1M BTC by 2027**.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>strategy</category> <category>mstr</category> <category>bitcointreasury</category> <category>stocksale</category> <category>peterschiff</category> <enclosure url="https://cdn.decrypt.co/resize/1024/height/512/wp-content/uploads/2025/05/Strategy-B-logo-decrypt-style-01-gID_7.png" length="0" type="image/png"/> </item> <item> <title><![CDATA[Bitcoin 'Volmageddon' Warning: Key Indicator Flashes Red for BTC Price]]></title> <link>https://www.bitcointoday.app/article/bitcoin-volmageddon-warning-key-indicator-flashes-red-for-btc-price</link> <guid>bitcoin-volmageddon-warning-key-indicator-flashes-red-for-btc-price</guid> <pubDate>Mon, 20 Jul 2026 14:01:15 GMT</pubDate> <description><![CDATA[Traders should keep a close eye on a potential **bitcoin 'volmageddon'** — a volatility surge often accompanied by price declines. This warning comes from the behavior of bitcoin's **30-day implied volatility index (BVIV)**, the crypto equivalent of Wall Street's VIX. Currently, the BVIV is hovering between **34% and 38%**, a range that historically has preceded a **volatility boom and a price slide**. For example, when the index hit this zone in late May, bitcoin dropped from **$74,000 to under $60,000** in less than a week. Similar patterns occurred before the early February crash and after the October record highs. While past patterns don't guarantee future performance, volatility metrics are **mean-reverting**. The index is trading below both its **30-day and 200-day simple moving averages**, suggesting volatility is relatively "cheap" and likely to rise, bringing another round of turbulence. Bitcoin currently trades just above **$64,000**, maintaining a range-bound price action. Spot ETF inflows have been noted, but they are tiny compared to the billions withdrawn during the preceding eight-week outflow streak. Global volatility gauges offer mixed signals: South Korea's KOSPI VIX is above **70%** (highest since the 1990s), while Wall Street's VIX jumped to **18%**. However, these levels have persisted for months, indicating stocks are not panicked. The **MOVE index** (U.S. Treasury volatility) remains steady around **70%**, offering a constructive cue for risk assets. ![BVIV vs Bitcoin Price](https://cdn.sanity.io/images/s3y3vcno/production/fde01a26334153e5b4811a93ac1eccb23747bfab-2854x1488.png?auto=format) *Bitcoin volatility may be set to surge, price poised to slide if history is a guide. (TradingView)* **Today's Signal:** The chart shows bitcoin's price swings (blue line) and BVIV in candlestick format. BVIV has established a **support range in the 34%–38% area**, and each drop into this zone has tended to precede fresh turbulence and price weakness. Currently, BVIV is around **38%**, near the upper edge of that range.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>volatility</category> <category>bviv</category> <category>technicalanalysis</category> <category>btcprice</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/fde01a26334153e5b4811a93ac1eccb23747bfab-2854x1488.png?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/png"/> </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[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> </channel> </rss>