<?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>Tue, 14 Apr 2026 02:21:20 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[Justin Sun vs. Trump-Linked Crypto Project: Inside the $75M Loan Scandal and Blacklisting Controversy]]></title> <link>https://www.bitcointoday.app/article/justin-sun-vs-trump-linked-crypto-project-inside-the-75m-loan-scandal-and-blacklisting-controversy</link> <guid>justin-sun-vs-trump-linked-crypto-project-inside-the-75m-loan-scandal-and-blacklisting-controversy</guid> <pubDate>Mon, 13 Apr 2026 14:01:25 GMT</pubDate> <description><![CDATA[## Justin Sun Accuses Trump-Affiliated World Liberty Financial of Misconduct Tron founder and prominent crypto investor **Justin Sun** has publicly accused **World Liberty Financial (WLFI)**, a project linked to former President Donald Trump, of serious misconduct and lack of transparency. This comes after Sun was previously at the center of pay-to-play allegations involving the Trump administration's SEC, fueled by his substantial investments in WLFI and the TRUMP memecoin. ### The Core Allegations: Backdoor Controls and Risky Borrowing Sun has focused on two critical issues with the WLFI project: 1. **Backdoor blacklisting function**: The WLFI smart contract reportedly contains a function that allows the team to freeze any holder's tokens without notice or explanation. 2. **$75 million treasury loan**: The project's treasury recently borrowed approximately $75 million by pledging about **5 billion WLFI governance tokens** as collateral on its affiliated DeFi platform, Dolomite. This borrowing arrangement has drawn direct comparisons to how **Alameda Research borrowed against FTX's FTT token** before the exchange's collapse. > "I have always been an ardent supporter of President Trump and his crypto friendly policy. As an early supporter who invested heavily in World Liberty Financial, I did so because I believed in the vision that was presented to the public: a decentralized finance platform that..." > — H.E. Justin Sun 👨‍🚀 🌞 (@justinsuntron) April 12, 2026 ### Sun Declares Himself the "Largest Victim" Sun has called himself the **"first and single largest victim"** of World Liberty Financial. In September of last year, the project blacklisted roughly **545 million of his WLFI tokens** (worth about $9 million) after he transferred them amid heavy selling pressure. At the time, Sun posted publicly on X, insisting on his innocence and demanding the tokens be released. In response, World Liberty Financial stated: "We do not seek to blacklist anyone. We respond when alerted to malicious or high-risk activity that could harm community members." Sun wrote in his recent statement: "I denounce the ongoing token scandals by the bad actors at WLFI... Every action taken by the WLFI team to extract fees from users, to secretly implant backdoor controls over user assets, to freeze investor funds without disclosure or due process, and to treat the crypto community as a personal ATM — all of these actions are illegitimate and were never authorized by any fair, transparent, or good-faith community governance process." ### World Liberty Financial Fights Back World Liberty Financial has mocked Sun and disputed his claims on X, posting: "Does anyone still believe @justinsuntron? Justin's favorite move is playing the victim while making baseless allegations to cover up his own misconduct. Same playbook, different target. WLFI isn't the first. We have the contracts. We have the evidence. We have the truth. See you in court pal." > "Does anyone still believe @justinsuntron? Justin's favorite move is playing the victim while making baseless allegations to cover up his own misconduct. Same playbook, different target. WLFI isn't the first. We have the contracts. We have the evidence. We have the truth. See..." > — WLFI (@worldlibertyfi) April 12, 2026 ### Background: SEC Settlement and Political Connections Notably, previous SEC charges against Sun and his companies were **settled last month**. The long-running case accused him of wash-trading TRX tokens and conducting unregistered securities offerings. Rainberry, one of Sun's entities, paid a **$10 million fine** with no admission of wrongdoing. Democrats on the House Financial Services Committee previously highlighted the absence of a conviction in a letter to the SEC, tying it to perceptions of **pay-to-play** because Sun had invested at least **$75 million into Trump-linked projects**. Sun has taken a more defiant stance against WLFI since the case was resolved. ### Broader Context: Major Players and Political Ties The controversy extends beyond Sun: - **Binance** holds roughly **$2 billion in World Liberty Financial's USD1 stablecoin**, a position expected to generate tens of millions in annual revenue for the Trump-affiliated project. Trump pardoned former Binance CEO **Changpeng Zhao (CZ)** after his short prison stint for anti-money laundering failures. - A firm tied to **UAE National Security Adviser Sheikh Tahnoon bin Zayed Al Nahyan** committed **$500 million to World Liberty Financial** days before Trump's inauguration, taking a 49% stake and sending $187 million to Trump family entities. - By contrast, developers behind the **Samourai Wallet Bitcoin privacy app** remain in prison for comparable money laundering facilitation charges. ### Impact on Crypto Industry and Bitcoin The wave of alleged grifting and potential conflicts of interest around the Trump administration's crypto dealings has possibly **dulled the pro-bitcoin tailwind** many in the industry anticipated. According to reports, Trump-linked ventures pulled in roughly **$1.4 billion in 2025**, much of it from memecoins, stablecoins, and tokenization plays rather than Bitcoin itself. There remains an opportunity for regulatory clarity through the **CLARITY Act**, but policy groups like Coin Center and the Bitcoin Policy Institute have warned that **developer protections must not be removed** before the bill reaches a vote, as it could leave builders exposed to legal risk and potentially push activity offshore.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>justinsun</category> <category>worldlibertyfinancial</category> <category>trump</category> <category>sec</category> <category>defi</category> <enclosure url="https://gizmodo.com/app/uploads/2026/04/justin-sun-1200x675.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[XRP's 9-Year Ascending Triangle: Is the Historic Breakout Imminent?]]></title> <link>https://www.bitcointoday.app/article/xrps-9-year-ascending-triangle-is-the-historic-breakout-imminent</link> <guid>xrps-9-year-ascending-triangle-is-the-historic-breakout-imminent</guid> <pubDate>Mon, 13 Apr 2026 20:01:09 GMT</pubDate> <description><![CDATA[**XRP** is trading inside a massive **9-year ascending triangle** on the monthly chart, with options volume surging **215.78%** to **$3.76 million**, signaling potential for a major price move. ### The 9-Year Ascending Triangle Since 2017, the pattern has repeated: XRP hits the upper resistance, gets rejected, and retraces to find support at the rising trendline. After the recent August 2025 rejection, analysts like Ali Charts are watching for a retest of the macro support between **$0.75 and $0.80**. This zone is viewed as a key "buy the dip" opportunity before the triangle reaches its apex. Ali Charts noted on X: "When a 9-year consolidation finally breaks, the move is usually historic." ### The Paris Blockchain Week XRP Ledger is set to take center stage at the **Paris Blockchain Week**. On April 15, Markus Infanger, SVP of RippleX at Ripple, will participate in a fireside chat focusing on blockchain's evolution from an asset class to core market infrastructure. The session will explore how organizations are leveraging blockchain to enhance financial processes, with Infanger highlighting real-life deployments of the XRP Ledger. ### The Options Explosion Options volume has exploded by **215.78%** to **$3.76 million**, indicating that traders are positioning for a significant move. The Long/Short ratio on Binance stands at **2.59**, with top traders showing a **2.81x long bias**. Open Interest remains substantial at **$2.42 billion**, with XRP holding levels well above its pre-2025 baseline. ### XRP Price Prediction for April 13 XRP is showing minimal movement today, up just **0.1%**. In addition to the 9-year triangle, a large descending triangle has formed since the July 2025 peak, with price now at the apex—the convergence point of the upper descending trendline and horizontal support around **$1.30**. These compression points often resolve in sharp moves, and given the prolonged buildup, the move could be substantial. Immediate resistance is at the BB midline of **$1.3399**, with the upper band at **$1.3871** as the next target. The RSI at **43.20** is neutral-to-bearish but showing early signs of curling upward. Image: Shutterstock]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>xrp</category> <category>cryptocurrency</category> <category>trading</category> <category>blockchain</category> <category>technicalanalysis</category> <enclosure url="https://cdn.benzinga.com/files/images/story/2026/04/13/Heres-What-XRP-Would-Have-Returned.jpeg?width=1200&height=800&fit=crop" length="0" type="image/jpeg"/> </item> <item> <title><![CDATA[Bhutan's Bitcoin Exodus: 70% of Sovereign Holdings Sold as Mining Operation Goes Silent]]></title> <link>https://www.bitcointoday.app/article/bhutans-bitcoin-exodus-70-of-sovereign-holdings-sold-as-mining-operation-goes-silent</link> <guid>bhutans-bitcoin-exodus-70-of-sovereign-holdings-sold-as-mining-operation-goes-silent</guid> <pubDate>Sat, 11 Apr 2026 14:01:10 GMT</pubDate> <description><![CDATA[## Bhutan's Bitcoin Experiment Unwinds Bhutan is quietly unwinding one of the most unusual **bitcoin experiments** any government has ever run. The Royal Government of Bhutan transferred roughly **319.7 BTC** worth $22.68 million to two addresses on Thursday, according to Arkham Intelligence data. Roughly 250 BTC went to a wallet previously used to route funds for sale via Galaxy Digital and OKX. Another 69.7 BTC was sent to a new, unmarked address. This transaction is part of a series of ongoing sales that have been going on for a while. Bhutan held approximately **13,000 BTC** in October 2024, accumulated through a **hydropower-backed mining operation** run by Druk Holding and Investments, the kingdom's sovereign wealth fund. That was the proof-of-concept for **sovereign bitcoin mining**—a tiny, landlocked country with cheap renewable energy, no legacy financial infrastructure to protect, and a sovereign wealth fund willing to experiment. Since then, it has sold steadily. Holdings now stand at **3,954 BTC** worth roughly $280.6 million, a **70% reduction in 18 months**. Arkham data shows **$215.7 million in bitcoin** has moved out of Bhutan's holding addresses this year alone, with $162.6 million of that going to unlabeled wallets. ![Bhutan (Sittichok Glomvinya/Pixabay)](https://www.coindesk.com/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2F850c38128aa8b785d3e9dcb693fdf3c390bde105-1920x1440.jpg%3Fauto%3Dformat&w=3840&q=75) ### The Selling Accelerates in a Bullish Market The selling has accelerated into a market where virtually every other major holder is doing the opposite. **Strategy bought 4,871 BTC** for $330 million last weekend, bringing its total to 766,970. U.S. spot ETFs absorbed approximately **50,000 BTC in March**. The Ethereum Foundation staked $93 million of ether in a single day rather than sell. Even gold-backed sovereign funds have been adding to positions during the Iran conflict. Bhutan is the **only sovereign-level holder visibly liquidating**. But there is also a question about whether the mining operation itself is still running. Arkham data shows Bhutan's last **bitcoin inflow exceeding $100,000** was recorded over a year ago. A government that once generated bitcoin from power harnessed from its own rivers may now simply be spending down what it accumulated, with no new supply coming in to replace what it sells. Druk Holdings has not responded to several emails and calls from CoinDesk over the past week, the latest of which was sent in the Asian morning hours on Friday. It has not publicly commented on the transfers or the status of its mining operation. ![(CoinDesk)](https://www.coindesk.com/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2Fc6805e28f7f2ca5a11158db92fa063057a06e675-1494x1154.png%3Fauto%3Dformat&w=3840&q=75) ### The Economics Behind the Shift The economics may explain the shift, however. Bhutan's mining operation was viable when difficulty was lower, and bitcoin traded above **$90,000**. At current levels near $71,000, with network difficulty at **all-time highs** and the post-halving block reward reduced to **3.125 BTC**, the margins on small-scale sovereign mining have compressed significantly. The same hydropower that made Bhutan's operation novel may now generate more **revenue from electricity sold to neighboring India** than from bitcoin mining, as mining hardware depreciates with every difficulty adjustment. Choosing to sell rather than hold or mine is a data point about the gap between bitcoin's narrative appeal to nation-states and the operational reality of maintaining a position through a prolonged drawdown. Bhutan's remaining 3,954 BTC is now smaller than what Strategy purchases in a typical week. The kingdom that once held 13,000 bitcoin mined from its own mountains is watching a single company in Virginia accumulate more in five days than Bhutan has left.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bhutan</category> <category>bitcoin</category> <category>mining</category> <category>sovereign</category> <category>liquidation</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/850c38128aa8b785d3e9dcb693fdf3c390bde105-1920x1440.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Will These 2 Meme Coins Crash 50%? The Shocking Truth Behind Shiba Inu and Dogecoin's Future]]></title> <link>https://www.bitcointoday.app/article/will-these-2-meme-coins-crash-50-the-shocking-truth-behind-shiba-inu-and-dogecoins-future</link> <guid>will-these-2-meme-coins-crash-50-the-shocking-truth-behind-shiba-inu-and-dogecoins-future</guid> <pubDate>Sat, 11 Apr 2026 20:01:08 GMT</pubDate> <description><![CDATA[The cryptocurrency market is experiencing a broad sell-off, with the total value of all cryptocurrencies plummeting from a peak of **$4.4 trillion** in October last year to just **$2.4 trillion** today. This decline is driven by sluggish adoption rates and investors trimming exposure to risky assets amid rising economic uncertainty. While every major cryptocurrency is down from its peak—including **Bitcoin**, which has declined by 43%—the smaller end of the market is bearing the brunt of the losses. Speculative meme coins **Shiba Inu (SHIB)** and **Dogecoin (DOGE)** have each plummeted by almost **70%** from their 52-week highs. ![A Shiba Inu dog looking at the camera, Dogecoin Shiba Inu.](https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F864153%2Fa-shiba-inu-dog-looking-at-the-camera-dogecoin-shiba-inu.jpg&w=3840&op=resize) ## Shiba Inu's Relevance Continues to Fade Shiba Inu was created in 2020 as an alternative to Dogecoin, built on the **Ethereum** platform to offer faster, lower-cost transactions. In 2021, it delivered an incredible return of **45,278,000%**, driven entirely by speculation. However, the token is now down **93%** from its 2021 peak. For a cryptocurrency to deliver sustainable upside, it needs a consistent source of demand—either from consumers using it for payments or investors viewing it as a store of value. Unfortunately, Shiba Inu struggles in both areas. According to Cryptwerk, only **1,144 businesses worldwide** accept Shiba Inu as payment, making it impractical for widespread adoption due to extreme volatility. In 2023, developers launched **Shibarium**, a Layer-2 blockchain solution to improve efficiency, but it hasn't moved the needle in adoption. Without sustainable demand, further downside is the path of least resistance, predicting a **50% loss** from current levels over the long term. ## Dogecoin Has a Glaring Supply Problem Dogecoin was created in 2013 as a joke to lighten the mood in the cryptocurrency industry. It gained popularity when figures like **Tesla CEO Elon Musk** started discussing it, leading to a market capitalization of over **$90 billion** by 2021. However, like Shiba Inu, its rally was fueled by speculation, and it's now down **87%** from its 2021 peak. A key issue for Dogecoin is its supply. New coins are constantly mined, with **5 billion coins** entering circulation each year. With **153.7 billion coins** currently in circulation, supply will roughly double over the next three decades. This means the value of each coin needs to **halve** to maintain a constant market cap, unless it finds sustainable demand. Dogecoin's main use case remains tied to social media hype, and it has struggled to become a viable payment mechanism or store of value. Without real utility, it faces significant long-term pressure.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>shibainu</category> <category>dogecoin</category> <category>memecoins</category> <category>cryptocurrency</category> <category>marketanalysis</category> <enclosure url="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F864153%2Fa-shiba-inu-dog-looking-at-the-camera-dogecoin-shiba-inu.jpg&w=1200&op=resize" length="0" type="image//image/"/> </item> <item> <title><![CDATA[Bittensor's 'Decentralization Theatre' Exposed: Major AI Developer Exodus Sends TAO Plummeting 15%]]></title> <link>https://www.bitcointoday.app/article/bittensors-decentralization-theatre-exposed-major-ai-developer-exodus-sends-tao-plummeting-15</link> <guid>bittensors-decentralization-theatre-exposed-major-ai-developer-exodus-sends-tao-plummeting-15</guid> <pubDate>Fri, 10 Apr 2026 07:01:10 GMT</pubDate> <description><![CDATA[**Covenant AI**, a major subnet developer on the AI-focused blockchain network **Bittensor**, announced on Thursday that it is leaving the ecosystem entirely. In a [statement on X](https://x.com/covenant_ai/status/2042380152831951300), Covenant AI Founder Sam Dare declared the company can no longer build on Bittensor because the network's governance contradicts its stated commitment to **decentralization**. "The entire premise of Bittensor, the promise that drew builders, miners, validators, and investors into this ecosystem, is that no single entity controls it," Dare wrote. "That promise is a lie." The Covenant founder explained that the team has been building on the conviction that **AI model training** should not be controlled by a single entity, delivering on that mission by developing **Covenant-72B** into the largest decentralized case of LLM pre-training run in history. These efforts positioned Covenant as one of the most prominent subnets on Bittensor. Despite this success, Covenant has decided to exit the network, citing Bittensor Co-founder **Jacob Steeves** (also known as Const) as the primary reason for departure. ## 'Decentralization Theatre' Dare claimed that Bittensor operates under a "triumvirate structure" with three individuals managing multisig for network upgrades, presenting it as distributed governance to the community. "It is not. It is decentralization theatre," Dare said. "Jacob Steeves maintains effective control over the triumvirate, resists any meaningful transfer of authority, and deploys changes unilaterally whenever he chooses, without process and without consensus." Dare alleged that Steeves has recently taken actions against Covenant that undermine Bittensor's decentralization principles, including: - Suspending emissions to Covenant's subnets - Removing the team's moderation capabilities over its community channels - Unilaterally deprecating its subnet infrastructure - Applying direct economic pressure through large, visible token sales timed to coincide with operational conflicts "They were punitive actions taken by one man who never relinquished control of a network he tells the world he no longer runs," Dare added. The Covenant founder stated that the team's efforts in decentralized AI training will continue outside of Bittensor and will announce new projects in the near term. ## Market Impact and Reactions The [price of Bittensor's TAO token](https://www.theblock.co/price/268328/bittensor-tao-usd) fell sharply following Covenant's announcement, dropping **15%** to a low of $285 from $338 within just two hours. The price has since recovered to $294. The statement sparked a wave of reactions on X, with many users expressing shock at the sudden departure while also criticizing Covenant for leaving without prior communication to its community. "This was a very egotistical and non-classy and dishonorable way of dealing with internal issues by Sam and team," one X user wrote in a reply to the statement. ## Bittensor's Response Steeves indirectly responded to Covenant's announcement without addressing Dare's specific claims. "This will prove to birth the first subnets on Bittensor that run headless and as true commodities," Steeves [wrote on X](https://x.com/const_reborn/status/2042410716271948281?s=20). In a following X [post](https://x.com/const_reborn/status/2042427496751063191), Steeves wrote — "The outcome of this eventful evening is that Bittensor will invent lock-based subnet ownership." The Bittensor co-founder explained this means ownership will be determined by a team's long-term commitment to a project. "This will mean: 1) investors see long in advance if an owner has unlocked their tokens, 2) be able to reprice the subnet before the owner, and 3) liquidly direct their own conviction to another team, or agent, to manage the system," Steeves wrote. Mark Jefferey, partner at Bittensor Fund, also [commented](https://x.com/markjeffrey/status/2042400851017547820) — "Bittensor is quite a LOT more than Subnet 3, and $TAO will carry on fine without it."]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bittensor</category> <category>tao</category> <category>decentralization</category> <category>governance</category> <category>ai</category> <enclosure url="https://www.tbstat.com/wp/uploads/2025/07/bittensor-tao-decentralized-ai-1200x675.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Quantum-Safe Bitcoin Now Available Without Protocol Changes - But at a $200 Price Tag Per Transaction]]></title> <link>https://www.bitcointoday.app/article/quantum-safe-bitcoin-now-available-without-protocol-changes-but-at-a-200-price-tag-per-transaction</link> <guid>quantum-safe-bitcoin-now-available-without-protocol-changes-but-at-a-200-price-tag-per-transaction</guid> <pubDate>Fri, 10 Apr 2026 14:01:09 GMT</pubDate> <description><![CDATA[A StarkWare researcher has unveiled a groundbreaking method to make Bitcoin transactions quantum-resistant on the live network today—without requiring any changes to the Bitcoin protocol. However, this breakthrough comes with a significant cost: up to $200 per transaction, positioning it as an emergency measure rather than a permanent solution. In a [paper published this week](https://github.com/avihu28/Quantum-Safe-Bitcoin-Transactions/), StarkWare researcher Avihu Levy introduced **Quantum Safe Bitcoin (QSB)**, a scheme designed to enable quantum-resistant transactions by replacing signature-based security with **hash-based proofs**. This approach survives the type of quantum attack that could compromise today's cryptography but shifts the burden from consensus to computation, requiring heavy off-chain GPU work for every transaction. ### How QSB Works Traditional digital signatures in Bitcoin, known as **ECDSA signatures**, are secure against current computers but vulnerable to future quantum computers that could derive secret keys from public keys. QSB addresses this flaw by redesigning the system around **hash-based cryptography**, which creates a unique mathematical digest of data that is extremely difficult to forge or reverse, even for powerful quantum computers. **Key advantage**: QSB operates entirely within Bitcoin's existing consensus rules for legacy transactions. It requires **no soft fork**, no miner signaling, and no activation timeline. This contrasts sharply with **BIP-360**, the quantum-resistance proposal merged into Bitcoin's improvement repository in February, which faces years of governance delays and has no Bitcoin Core implementation yet. ### The Cost Factor While the hash-based solution provides quantum resistance, it comes with **extremely expensive transactions**. Generating a valid QSB transaction requires searching through billions of possible candidates, a process Levy estimates would cost between **$75 and $200** using commodity cloud GPUs. For comparison, the current average cost to send a Bitcoin transaction is around **33 cents**. ### Practical Limitations QSB transactions also face practical hurdles: - They don't move through Bitcoin's normal blockchain like typical payments; users must send them directly to miners willing to process them. - They are incompatible with faster, cheaper layers like the **Lightning Network**. - Creating a transaction requires outsourcing heavy computation to external hardware, making it far more complex than standard wallet operations. ### Emergency Measure vs. Long-Term Solution Levy describes QSB as a **"last resort measure"**—not a replacement for protocol-level upgrades. Proposals like BIP-360, which aim to introduce quantum-resistant signature schemes through a soft fork, remain the more scalable long-term solution but could take years to activate. Bitcoin's governance history shows such upgrades can be slow; Taproot took roughly **seven and a half years** from concept to deployment. QSB offers a way to survive a quantum break using today's rules—if users are willing to pay the price. As quantum computers capable of breaking current encryption aren't imminent, this scheme provides an **emergency fallback** while the community works on more permanent solutions.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>quantum</category> <category>bitcoin</category> <category>security</category> <category>cryptography</category> <category>research</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/ecfe1c9a91435e545a466715bbc0457d2e3a48f4-5105x3403.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[XRP Could Skyrocket to $17: Analyst's Bold Prediction Based on Historic Chart Pattern]]></title> <link>https://www.bitcointoday.app/article/xrp-could-skyrocket-to-17-analysts-bold-prediction-based-on-historic-chart-pattern</link> <guid>xrp-could-skyrocket-to-17-analysts-bold-prediction-based-on-historic-chart-pattern</guid> <pubDate>Fri, 10 Apr 2026 20:01:10 GMT</pubDate> <description><![CDATA[The **XRP** price has been trading between **$1.28 and $1.40** for most of 2026, with rallies toward $1.40 often met by selling pressure above $1.45. While many analysts focus on whether XRP can hold **$1.35** or drop back to $1.28, crypto analyst **Javon Marks** has posted a chart predicting a price target of just under **$17**, representing over **1,100% upside** from current levels. Marks, who accurately called XRP's move from $0.56 to $2.47 in January 2024, bases this new prediction on a **pennant breakout pattern** that began forming in 2017. If this pattern plays out, XRP could become a **trillion-dollar asset**. ## The Chart Pattern Behind the $17 XRP Price Target ![XRP crypto currency](https://247wallst.com/wp-content/uploads/2026/03/shutterstock-1092306998-huge-licensed-scaled.jpg) In 2017, **XRP surged from $0.006 to $3.31** in one of its biggest rallies ever. Following this move, the price consolidated for seven years within a pennant pattern—a technical formation where prices trade within tightening ranges after a significant move, often preceding a continuation in the same direction. In late 2024, **XRP broke out of this pennant** during the post-election crypto rally, jumping from $0.49 to over $3.60 by mid-2025. Marks uses a **measured move** technique, projecting the size of the 2017 rally forward from the 2024 breakout point, which lands at **$16.39**—just under his $17 target. XRP has already moved **647% from the breakout** before pulling back to around $1.35. Marks argues this pullback is part of the pattern, not a sign of failure, noting similar retracements occurred in 2017 before the full measured move completed. ## What Would It Actually Take for XRP to Reach $17? ![Ripple (XRP) and cryptocurrency investing concept - Physical metal Ripple coins with global trading exchange market chart in the background.](https://247wallst.com/wp-content/uploads/2026/03/shutterstock-1121509907-huge-licensed-scaled.jpg) At $17, XRP's market cap would approach **$1 trillion** based on the current circulating supply of about 61 billion tokens—a level no altcoin has ever reached. For comparison, **Ethereum** peaked near $600 billion, and **Bitcoin's** current market cap is around $1.4 trillion. Achieving this would likely require the total crypto market to exceed **$8 trillion**, more than triple its current size. Several factors must align for XRP to reach such a valuation: - Banks on **Ripple's network** would need to start settling in XRP instead of RLUSD and fiat, which depends on the **CLARITY Act** passing to provide legal clarity. - **XRP ETF inflows** must surpass the $1.2 billion attracted so far, requiring sustained institutional investment in the tens of billions over multiple years. - Real-world adoption must scale massively, as seen in demos at the **XRP Tokyo 2026 conference**, where transactions settled in under four seconds using **XRP as a bridge asset**. Marks emphasizes this prediction is for the full market cycle, not an overnight event, with measured moves potentially taking months or years to complete. ## Can XRP Realistically Hit $17 This Cycle? While the **pennant breakout** is a valid technical setup and Marks has a track record of accuracy, reaching $17 demands more than chart patterns. It requires **banks and institutions to adopt XRP at scale** for cross-border payments, a process that has begun but is far from the level needed for a trillion-dollar valuation. For XRP holders, the immediate focus should be on whether the price can **reclaim $2 and challenge $3.65** before considering double-digit targets. The $17 prediction represents a long-term cycle play, highlighting the importance of patience and monitoring adoption trends.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>xrp</category> <category>technicalanalysis</category> <category>priceprediction</category> <category>cryptocurrency</category> <category>altcoins</category> <enclosure url="https://247wallst.com/wp-content/uploads/2026/04/shutterstock-2700835149-huge-licensed-scaled.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[The Nighttime Bitcoin Anomaly: Why Markets Move While You Sleep]]></title> <link>https://www.bitcointoday.app/article/the-nighttime-bitcoin-anomaly-why-markets-move-while-you-sleep</link> <guid>the-nighttime-bitcoin-anomaly-why-markets-move-while-you-sleep</guid> <pubDate>Thu, 09 Apr 2026 20:01:09 GMT</pubDate> <description><![CDATA[A **famous financial anomaly** reveals that the stock market mostly **goes up when it's closed**. Over at least the past three decades, investors have earned 100% or more of the return on a wide range of risky assets during overnight hours, while earning zero or negative returns during the daytime when markets are open. This means stocks tend to open higher than they closed the previous day and then decline slightly during trading hours. Nobody quite knows why this happens. Bruce Knuteson has a notable theory, detailed in papers with titles like "Strikingly Suspicious Overnight and Intraday Returns," suggesting that quantitative trading firms might conspire to inflate prices every morning and deflate them every evening. On the other hand, a more intuitive assumption is that because US public companies often avoid releasing information during market hours, most fundamental information that drives long-term stock growth is released and processed at night. However, this idea lacks rigor and isn't widely accepted.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>market</category> <category>anomaly</category> <category>stocks</category> <category>trading</category> <category>overnight</category> <enclosure url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/in1bjnySzJZY/v0/1200x800.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Elon Musk vs. OpenAI: Crypto Bettors Predict Legal Loss as Polymarket Odds Plummet]]></title> <link>https://www.bitcointoday.app/article/elon-musk-vs-openai-crypto-bettors-predict-legal-loss-as-polymarket-odds-plummet</link> <guid>elon-musk-vs-openai-crypto-bettors-predict-legal-loss-as-polymarket-odds-plummet</guid> <pubDate>Thu, 09 Apr 2026 07:01:09 GMT</pubDate> <description><![CDATA[Crypto bettors are growing increasingly skeptical about **Elon Musk's chances** of winning his ongoing legal battle against OpenAI CEO Sam Altman. On the prediction platform **Polymarket**, contracts now show only a **37% probability** of a Musk victory, down sharply from previous projections. ## Legal Dispute Over OpenAI's Direction The lawsuit, set for trial on **April 28** in a California federal court, centers on Musk's claim that OpenAI abandoned its founding principles. The **SpaceX and xAI founder** recently stated that any financial gains from a successful case would be donated, emphasizing that he does not intend to profit personally. Polymarket data reveals that **63% of bettors** predict Altman will win, while only 37% back Musk. The conflict traces back to OpenAI's early days in 2015, when Musk was among its founding backers and contributed about **$38 million** to the project. Musk argued that OpenAI was created to be a **nonprofit focused on developing artificial general intelligence (AGI)** for public benefit. He claims the company later deviated from that mission by forming commercial partnerships, including a high-profile alliance with **Microsoft (MSFT)**. OpenAI disputes this narrative, maintaining that Musk was aware of, and agreed to, the shift toward a **"for-profit structure"** as early as 2017. The company also claimed that Musk exited after disagreements over control and later encouraged the firm to secure large-scale funding independently. ## Damages Debate Takes Center Stage In the legal battle, Musk has demanded **damages estimated between $79 billion and $134 billion**. He publicly revealed that if he wins the case, he will **distribute all the proceeds to charity**. During pre-trial proceedings, Judge Yvonne Gonzalez Rogers expressed doubts about the justification for the higher fine, suggesting it lacked sufficient evidence. Despite her hesitation, the judge did not exclude the testimony of Musk's expert witness, leaving it to the jury to assess its credibility. The trial follows a separate legal dispute involving xAI that was dismissed earlier this year, highlighting the continued **tensions between Musk and Altman**. ## AI Investment Opportunities While Polymarket and OpenAI remain **private companies** ahead of potential IPOs, investors interested in AI stocks can consider top players such as **Nvidia (NVDA), Meta Platforms (META), and Alphabet Class A (GOOGL)**, which analysts rate as Strong Buy on TipRanks' comparison tools. ![Stock Comparison Chart](https://blog.tipranks.com/wp-content/uploads/2026/04/Screenshot-2026-04-08-at-16-1024x349.png)]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>polymarket</category> <category>elonmusk</category> <category>openai</category> <category>legal</category> <category>predictionmarkets</category> <enclosure url="https://blog.tipranks.com/wp-content/uploads/2026/04/shutterstock_2656684473-750x406.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Unmasking Satoshi: The Shocking Evidence That Points to Adam Back as Bitcoin's Creator]]></title> <link>https://www.bitcointoday.app/article/unmasking-satoshi-the-shocking-evidence-that-points-to-adam-back-as-bitcoins-creator</link> <guid>unmasking-satoshi-the-shocking-evidence-that-points-to-adam-back-as-bitcoins-creator</guid> <pubDate>Wed, 08 Apr 2026 07:01:08 GMT</pubDate> <description><![CDATA[## The Great Bitcoin Mystery: Is Adam Back Satoshi Nakamoto? For 17 years, the identity of **Bitcoin's creator**, Satoshi Nakamoto, has remained one of the greatest enigmas of our time. But a trail of clues buried deep in crypto lore has led to a 55-year-old British computer scientist named **Adam Back**. This investigation reveals compelling evidence that suggests Back might be the elusive figure behind the $2.4 trillion cryptocurrency revolution. ### A Suspicious Reaction The journey began when journalist John Carreyrou watched an HBO documentary that claimed to unmask Satoshi. One scene caught his attention: **Adam Back**, a prominent cryptographer, tensed up when his name was mentioned as a Satoshi suspect. His shifty eyes, awkward chuckle, and jerky movements struck Carreyrou as "fishy." This sparked a year-long investigation into whether Back could be the mysterious creator. ![Adam Back in Miami](https://static01.nyt.com/images/2026/04/02/multimedia/Biz-Cypher-01-vtgp/Biz-Cypher-01-vtgp-articleLarge.jpg?quality=75&auto=webp&disable=upscale) ### Linguistic Fingerprints Carreyrou pored over Satoshi's writings—including the **Bitcoin white paper**, forum posts, and hundreds of emails released by early collaborator Martti Malmi. He compiled a list of distinctive words and phrases like "dang," "backup" (used as a verb), "human friendly," and "burning the money." Using advanced search tools, he found that **Adam Back matched nearly all of these linguistic patterns** on social media. More telling were the grammatical quirks: - Both Satoshi and Back used **two spaces between sentences** - Both confused "it's" and "its" - Both had identical hyphenation errors in technical terms like "proof-of-work" - Both used the phrase "I'm better with code than with words" in nearly identical wording ### The Cypherpunk Connection Satoshi was almost certainly a member of the **Cypherpunks**, a 1990s group of cryptography enthusiasts who wanted to create anonymous digital cash. Adam Back joined this community in 1995 and quickly became a vocal participant. More importantly, **Back outlined virtually every aspect of Bitcoin a decade before it was invented**. In 1997-1999 posts, Back described an electronic cash system that would: - Be **entirely disconnected from modern banking** - Preserve payer and payee privacy - Be **distributed across a network** to resist shutdown - Have built-in scarcity to prevent inflation - Not require trust in any individual or bank He even proposed combining his own **Hashcash invention** (which Satoshi cited in the Bitcoin white paper) with Wei Dai's **b-money concept**—exactly what Satoshi did to create Bitcoin. ### Suspicious Timing and Behavior Perhaps the most damning evidence involves timing patterns: - When Satoshi was active on cryptography lists (2008-2011), **Adam Back was conspicuously silent** - Back only became publicly involved with Bitcoin in **April 2013**—just after someone calculated Satoshi's fortune - When Back finally joined Bitcoin discussions, he immediately began proposing sophisticated improvements - In 2015, when Satoshi mysteriously reappeared to support Back's position in a technical debate, their arguments and wording were strikingly similar ### The Confrontation When confronted with this evidence in El Salvador, Back repeatedly denied being Satoshi but offered weak explanations. He claimed coincidences and said he was "busy with work" during Satoshi's active years. At one point, he seemed to slip up, responding to a specific Satoshi quote as if he had written it himself. ![Adam Back speaking at conference](https://static01.nyt.com/images/2026/04/02/multimedia/Biz-Cypher-02-vtgp/Biz-Cypher-02-vtgp-articleLarge.jpg?quality=75&auto=webp&disable=upscale) ### Why It Matters If Adam Back is Satoshi Nakamoto, it means one of the world's wealthiest people (with an estimated 1.1 million bitcoins worth over $100 billion) has been operating in plain sight while building a **Bitcoin empire** through companies like Blockstream. It also explains why Satoshi has remained hidden—Back has built a legitimate public persona while potentially maintaining control over his creation. The evidence, while circumstantial, is overwhelming: from linguistic patterns and technical foresight to behavioral patterns and suspicious timing. Only Satoshi could definitively prove his identity by moving some of the original bitcoins, but until then, **Adam Back remains the most compelling candidate ever identified**.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>satoshinakamoto</category> <category>bitcoincreator</category> <category>adamback</category> <category>cryptography</category> <category>cypherpunks</category> <enclosure url="https://static01.nyt.com/images/2026/03/04/business/00biz-cypher-hp-image/00biz-cypher-hp-image-facebookJumbo.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Morgan Stanley's Bitcoin ETF Launch: A Major Wall Street Bank Enters the Crypto Arena]]></title> <link>https://www.bitcointoday.app/article/morgan-stanleys-bitcoin-etf-launch-a-major-wall-street-bank-enters-the-crypto-arena</link> <guid>morgan-stanleys-bitcoin-etf-launch-a-major-wall-street-bank-enters-the-crypto-arena</guid> <pubDate>Wed, 08 Apr 2026 14:01:09 GMT</pubDate> <description><![CDATA[## Morgan Stanley Bitcoin Trust Set to Launch on NYSE More than two years after the first 11 spot bitcoin ETFs began trading in the U.S., a 12th, issued by a top-10 Wall Street bank with **$1.9 trillion in assets under management**, could debut Wednesday. The **Morgan Stanley Bitcoin Trust** could start trading on NYSE Arca under the ticker **MSBT**, according to Bloomberg's ETF Analyst Eric Balchunas, who cited an NYSE listing notice pointing to an April 8 launch. ![Morgan Stanley offices (Sven Piper/Unsplash)](https://www.coindesk.com/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2F7bda05f218a0e908b37639579d1962cdf9fe311f-1920x1280.jpg%3Fauto%3Dformat&w=3840&q=75) ### Key Details of the New ETF The ETF will hold **actual bitcoin** and track the CoinDesk Bitcoin Benchmark 4 PM NY Settlement Rate. It does not use leverage, derivatives, or active trading to beat bitcoin's price swings. **BNY and Coinbase Custody** will handle bitcoin storage, and the fund is launching with about $1 million in initial capital (seed) and 50,000 shares ready for trading. Like its peers, the fund gives investors exposure to the cryptocurrency without having to own or safeguard it themselves. Where it stands out is on cost: the trust charges a **0.14% annual fee**, undercutting BlackRock’s iShares Bitcoin Trust at 0.25% and most rivals. ### A Milestone for Institutional Adoption The impending launch marks a milestone for the market, signaling the **first time a major U.S. bank** is bringing a spot bitcoin ETF to investors. It underscores the surging demand for exposure to alternative assets like bitcoin. Morgan Stanley is pushing deeper into digital assets, having filed earlier this year for spot Solana ETFs and planning to roll out trading in bitcoin, ethereum and solana on E*Trade in the first half of 2026 via a collaboration with Zero Hash. ### The Impact of Spot Bitcoin ETFs Spot ETFs have become a go-to vehicle for institutions seeking exposure to the cryptocurrency. Since the first 11 funds debuted in January 2024, they have collectively drawn **more than $56 billion in net inflows**, according to data source SoSoValue. Activity in derivatives linked to these products has surged as well, with the mechanics of options tied to iShares Bitcoin Trust widely seen as amplifying bitcoin’s price slide in early February. These alternative investment vehicles have driven the **mainstream financialization of Bitcoin**, helping to dampen its volatility. Market dynamics have evolved, with BTC’s implied volatility increasingly mirroring Wall Street’s fear gauge, the VIX – rising during price declines and falling during rallies. Morgan Stanley’s upcoming ETF is likely to reinforce these trends.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>etf</category> <category>morganstanley</category> <category>institutional</category> <category>cryptonews</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/7bda05f218a0e908b37639579d1962cdf9fe311f-1920x1280.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Geopolitical Truce Ignites Bitcoin Rally: How IREN Stock Soars Alongside Crypto Surge]]></title> <link>https://www.bitcointoday.app/article/geopolitical-truce-ignites-bitcoin-rally-how-iren-stock-soars-alongside-crypto-surge</link> <guid>geopolitical-truce-ignites-bitcoin-rally-how-iren-stock-soars-alongside-crypto-surge</guid> <pubDate>Wed, 08 Apr 2026 20:01:27 GMT</pubDate> <description><![CDATA[## Geopolitical De-Escalation Boosts Market Sentiment Investors are flocking to **risk assets** following news of a **two-week ceasefire agreement** involving Iran, the U.S., and Israel. President **Donald Trump** announced the truce on Tuesday, describing it as a "total and complete victory." This development has relieved pressure on global markets and contributed to lower oil prices. ## Bitcoin Surges Past Key Levels The ceasefire news triggered a sharp rally in the cryptocurrency market. **Bitcoin** surged **4.13%** to **$71,683.27** over the past 24 hours. As a **vertically integrated data center and Bitcoin miner**, **IREN Ltd** (NASDAQ: IREN) often tracks major cryptocurrency price movements, explaining its stock's upward trajectory. ## Caution Remains Despite Truce While markets soared, Tehran offered a more measured tone. Iran's Supreme National Security Council stated, "Our fingers are on the trigger; any mistake by the enemy will be met with a full-scale response." ## Technical Analysis of IREN Stock At **$36.81**, IREN is trading **4.8% below its 20-day simple moving average (SMA)** and **16.3% below its 100-day SMA**. The moving average convergence divergence (MACD), a trend/momentum measure, is bearish with the MACD at **-2.2387** versus **-1.9233**. The 50-day SMA remains above the 200-day SMA, indicating a longer-term constructive backdrop, even as the 20-day SMA sits below the 50-day SMA, keeping the shorter-term picture mixed. Over the past 12 months, the stock is up **601.32%**. The current price is well off the **$76.87 52-week high** and far above the **$5.13 52-week low**. - **Key Resistance**: $43.50 - **Key Support**: $35.50 **IREN Stock Price Activity**: IREN shares were up **4.42%** at **$37.32** at the time of publication on Wednesday. *Image via Shutterstock*]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>iren</category> <category>geopolitics</category> <category>stockmarket</category> <category>cryptocurrency</category> <enclosure url="https://cdn.benzinga.com/files/images/story/2026/04/08/New-York-City--New-York---September-3-20.jpeg?width=1200&height=800&fit=crop" length="0" type="image/jpeg"/> </item> </channel> </rss>