<?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>Wed, 22 Oct 2025 07:11:22 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 OG Who Made $200M on Trump Tariffs Now Bets $234M Against BTC - Is a Crash Coming?]]></title> <link>https://www.bitcointoday.app/article/bitcoin-og-who-made-200m-on-trump-tariffs-now-bets-234m-against-btc-is-a-crash-coming</link> <guid>bitcoin-og-who-made-200m-on-trump-tariffs-now-bets-234m-against-btc-is-a-crash-coming</guid> <pubDate>Wed, 22 Oct 2025 07:01:08 GMT</pubDate> <description><]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>shortposition</category> <category>marketcrash</category> <category>trumptariffs</category> <category>whale</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/c9b4764d52b1d8f7679e29e0a2fae376d154bcb1-3840x2160.png?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/png"/> </item> <item> <title><![CDATA[Coinbase's $375M Echo Acquisition: Revolutionizing Onchain Fundraising for Crypto Projects]]></title> <link>https://www.bitcointoday.app/article/coinbases-375m-echo-acquisition-revolutionizing-onchain-fundraising-for-crypto-projects</link> <guid>coinbases-375m-echo-acquisition-revolutionizing-onchain-fundraising-for-crypto-projects</guid> <pubDate>Tue, 21 Oct 2025 14:01:09 GMT</pubDate> <description>< ### Key Benefits: - **For builders**: Easier access to capital and community-aligned fundraising tools like Echo for private investment groups and Sonar for self-hosted public token sales. - **For investors**: New, differentiated opportunities that were previously out of reach, either through a trusted platform like Echo or through direct offerings with Sonar. - **For the onchain economy**: A more efficient, transparent, and globally accessible capital market that drives innovation and growth. Echo complements Coinbase's recent acquisition of **Liquifi**, which streamlines token creation and cap table management for early-stage teams. While Liquifi strengthened support for builders at the start of their journey, Echo extends that support into fundraising. Combined with Coinbase's existing strengths in exchange listings, custody, staking, trading, and financing, the company is now equipped to support token issuers and investors across the full lifecycle – from launch to fundraising to secondary markets. Coinbase is already a trusted platform where users, liquidity, and trust converge. Expanding into fundraising removes friction, empowering builders and investors and enabling the ecosystem to grow.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>coinbase</category> <category>echo</category> <category>fundraising</category> <category>onchain</category> <category>acquisition</category> <enclosure url="https://images.ctfassets.net/sygt3q11s4a9/6jOr2xNWUylez2lS7eNlGp/53a68f6d9db5fe5d369fb198c726a062/espresso_hero_still_1920x1080.png" length="0" type="image/png"/> </item> <item> <title><![CDATA[Bitcoin Plunges Below $108,000: Analyst Warns Volatility Will Continue Amid US-China Tensions]]></title> <link>https://www.bitcointoday.app/article/bitcoin-plunges-below-108-000-analyst-warns-volatility-will-continue-amid-us-china-tensions</link> <guid>bitcoin-plunges-below-108-000-analyst-warns-volatility-will-continue-amid-us-china-tensions</guid> <pubDate>Tue, 21 Oct 2025 07:01:09 GMT</pubDate> <description>< ## Quick Take - **Bitcoin fell below $108,000** as traders derisked ahead of unpredictable macroeconomic events - **U.S. President Trump is expected to meet Chinese leader Xi Jinping** later this month, with trade tensions likely to persist afterward ## Market Decline and Analyst Insights **Bitcoin fell below $108,000** as traders assessed lingering macroeconomic risks, primarily **trade tensions between the U.S. and China**. According to The Block's crypto price page, **bitcoin fell 2.6% in the past 24 hours to $107,854** as of 1:40 a.m. ET Tuesday. The cryptocurrency had briefly rebounded above $111,200 on Monday after recovering from a three-day slump. One analyst told The Block that **crypto prices may continue to exhibit similar volatility in the near term**. "We simply believe that **macro concerns are driving day-to-day changes in the market**," said Jeff Mei, COO at BTSE. "**Volatility will continue as long as there are trade tensions between the U.S. and China**." Mei added that the latest decline was primarily driven by **traders derisking ahead of the upcoming meeting between Chinese leader Xi Jinping and U.S. President Trump**, scheduled to take place in South Korea at the end of October. "While it's possible that they may come to an agreement at the end of the month and cause markets to rally, **it's unlikely that tensions will evaporate altogether**," Mei added. ## Broader Market Impact **Macro headwinds also dragged down major altcoins**, with **ether slipping 4.77% to $3,855**, **BNB falling 5.36%**, and **Solana losing 4.26%**. **Spot crypto exchange-traded funds saw outflows on Monday**. **Spot BTC ETFs reported $40.5 million in net outflows**, while **spot ETH ETFs saw $145.7 million move out from the fund**, according to SoSoValue data. This came after **BTC ETFs recorded their second-largest net weekly outflows last week, worth $1.23 billion**. With retail and institutional both showing unfavorable numbers, **The Block's Fear and Greed Index stands at 29, which indicates fear among market participants**. ## Market Outlook and Investor Strategy "**The biggest risk to crypto markets today is the fact that macro developments and trade discussions are unpredictable** — markets can rise and fall at the whims of a single tweet," Mei said. "**All investors can really do is diversify their assets and attempt to hedge against uncertainty**." Traders, hopeful for another interest rate cut this month and an early end to quantitative tightening, now look to **Friday's release of the consumer price index data, an important inflation indicator**. **CME Group's FedWatch Tool currently indicates a 98.9% chance that the Federal Reserve may cut rates by 25 basis points**.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>volatility</category> <category>ustradetensions</category> <category>marketanalysis</category> <category>cryptocurrency</category> <enclosure url="https://www.tbstat.com/wp/uploads/2024/09/20240904_Bitcoin_News_3-1200x675.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[IBIT ETF Surges 18.62% Amid Bitcoin Recovery - What's Driving the Rally?]]></title> <link>https://www.bitcointoday.app/article/ibit-etf-surges-1862-amid-bitcoin-recovery-whats-driving-the-rally</link> <guid>ibit-etf-surges-1862-amid-bitcoin-recovery-whats-driving-the-rally</guid> <pubDate>Tue, 21 Oct 2025 20:01:10 GMT</pubDate> <description><![CDATA[## IBIT ETF Performance Update The **iShares Bitcoin Trust ($IBIT)** has shown remarkable resilience in recent trading sessions, continuing its recovery trajectory despite some short-term volatility. ### Current Market Performance - **Recent Performance**: IBIT is currently down **2.45%** over the past 5 days, indicating some near-term pressure - **Strong Recovery Momentum**: Despite the recent dip, the ETF remains **18.62% higher** in the current period, showcasing significant recovery strength - **Bitcoin Correlation**: As a Bitcoin-focused ETF, IBIT's performance closely tracks the underlying cryptocurrency market movements ### Market Context The recovery in IBIT comes amid broader **cryptocurrency market stabilization** and increasing institutional interest in Bitcoin exposure through regulated investment vehicles. The trust provides investors with direct exposure to Bitcoin price movements without the complexities of direct cryptocurrency ownership. ### Trading Considerations Investors should note that while IBIT offers convenient Bitcoin exposure, it still carries the inherent **volatility and risk** associated with cryptocurrency investments. The trust's performance is directly tied to Bitcoin price fluctuations and market sentiment toward digital assets.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>ibit</category> <category>bitcoinetf</category> <category>marketupdate</category> <category>cryptocurrency</category> <category>investing</category> <enclosure url="https://blog.tipranks.com/wp-content/uploads/2025/10/bettlef-750x406.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Evernorth's $1 Billion Nasdaq Deal: Bet on XRP's Price in the Public Markets]]></title> <link>https://www.bitcointoday.app/article/evernorths-1-billion-nasdaq-deal-bet-on-xrps-price-in-the-public-markets</link> <guid>evernorths-1-billion-nasdaq-deal-bet-on-xrps-price-in-the-public-markets</guid> <pubDate>Mon, 20 Oct 2025 20:01:09 GMT</pubDate> <description><]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>xrp</category> <category>nasdaq</category> <category>ripple</category> <category>spac</category> <category>cryptocurrency</category> <enclosure url="https://blog.tipranks.com/wp-content/uploads/2025/10/shutterstock_2208773861-1-750x406.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[CleanSpark Shifts from Bitcoin Mining to AI Compute: A Game-Changing Move for the Future]]></title> <link>https://www.bitcointoday.app/article/cleanspark-shifts-from-bitcoin-mining-to-ai-compute-a-game-changing-move-for-the-future</link> <guid>cleanspark-shifts-from-bitcoin-mining-to-ai-compute-a-game-changing-move-for-the-future</guid> <pubDate>Mon, 20 Oct 2025 14:01:08 GMT</pubDate> <description><![CDATA[## CleanSpark's Strategic Evolution CleanSpark, Inc. (Nasdaq: CLSK), known as America's Bitcoin Miner®, has announced a significant business evolution from being a pure-play **Bitcoin miner** to incorporating **AI compute** into its operations. This move is highlighted by the appointment of **Jeffrey Thomas** as Senior Vice President of AI Data Centers, bringing over four decades of global experience in emerging technologies and data center infrastructure. ### Driving Expansion into AI Infrastructure As Senior Vice President of AI Data Centers, Mr. Thomas will lead CleanSpark's strategy to expand beyond **Bitcoin mining** by developing and operating advanced **AI data center infrastructure**. This strategic shift aims to diversify the Company's revenue streams, strengthen long-term cash flow potential, and enhance its ability to serve leading technology companies worldwide. Mr. Thomas is a globally recognized entrepreneur and executive, having led or participated in 19 ventures that created over **$12 billion in shareholder value**. He joins from his role as President of AI Data Centres at Humain, where he spearheaded Saudi Arabia's multi-billion AI data center program, building strategic partnerships with hyperscalers and advancing sovereign compute initiatives. ### Leveraging Bitcoin Mining Expertise CleanSpark's expansion builds on its proven, vertically integrated **infrastructure-first model**, leveraging large-scale **Bitcoin mining** expertise to unlock value across its land and power portfolio. The Company's strong track record in rapid site development positions it to capitalize on accelerating demand for digital infrastructure driven by the rise of **AI** and compute-intensive applications. ### Leadership Insights Matt Schultz, CleanSpark's CEO and Chairman, stated, "Jeffrey's decades of experience building and scaling digital infrastructure platforms make him an exceptional addition to our leadership team. His track record of creating billions in shareholder value and forging partnerships with world-leading technology companies will be instrumental as we expand operations and deliver diversified growth for our shareholders." Jeffrey Thomas added, "CleanSpark is at a pivotal moment in its journey. The Company has established itself as a leader in large-scale **Bitcoin mining**, and I look forward to building on this foundation by expanding into next-generation digital infrastructure. Together, we have a tremendous opportunity to deliver exceptional solutions for customers while creating long-term value for shareholders and positioning CleanSpark at the center of the **AI and intelligent computing revolution**." Scott Garrison, Chief Development Officer and Executive Vice President, noted, "We have identified Georgia as a strategic region for potential conversion and expansion. We recently contracted for additional power and real estate in College Park to deliver high-value compute to the greater Atlanta metro area and are evaluating giga-campus opportunities across our portfolio to meet significant off-taker demand. With Jeff on board, we are ready to rapidly scale and maximize the value of our growing power and land footprint." ### About CleanSpark CleanSpark is a market-leading data center developer with a proven track record, owning and operating a portfolio of power, land, and data centers across the United States. The Company optimizes its infrastructure to deliver superior returns by monetizing low-cost, high-reliability energy to produce compute, positioning it to prosper in an ever-changing world. **Forward-Looking Statements** This press release contains forward-looking statements regarding the Company's expectations, plans, and strategies, subject to risks and uncertainties. Factors include the success of AI site development, revenue generation from non-Bitcoin data centers, regulatory approvals, and impacts of global trade policies. The Company assumes no obligation to update these statements. **Investor Relations Contact** Harry Sudock 702-989-7693 ir@cleanspark.com **Media Contact** Malory Van Guilder 651.335.0585 malory@skyya.com]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>cleanspark</category> <category>bitcoinmining</category> <category>aicompute</category> <category>datacenters</category> <category>businessevolution</category> <enclosure url="https://mma.prnewswire.com/media/795036/CleanSpark_Logo_Tagline.jpg?p=facebook" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Bitcoin's Shocking Nasdaq Breakup: The Hidden Leverage Crisis No One Predicted]]></title> <link>https://www.bitcointoday.app/article/bitcoins-shocking-nasdaq-breakup-the-hidden-leverage-crisis-no-one-predicted</link> <guid>bitcoins-shocking-nasdaq-breakup-the-hidden-leverage-crisis-no-one-predicted</guid> <pubDate>Mon, 20 Oct 2025 07:01:08 GMT</pubDate> <description><![CDATA[## Bitcoin's Unexpected Decoupling from Nasdaq **Amid a week where major assets, including Gold and the Nasdaq 100, posted gains, Bitcoin lagged significantly.** The recent Bitcoin decoupling suggests the asset is neither a risk-on nor a safe-haven asset. According to Coingecko, Bitcoin’s price has declined by approximately **2.09% over the past seven days**. This occurred while safe-haven gold surged **4.85%** and the risk-on Nasdaq 100 Index climbed **1.34%**. ## What Caused the BTC-Nasdaq Decoupling? For much of the year, Bitcoin has maintained a **high correlation with the Nasdaq 100**, generally rising and falling in tandem. This relationship held early last week. The mood was positive through Tuesday after Federal Reserve Chair Jerome Powell hinted at a potential **interest rate cut** at the October FOMC meeting and a possible end to **Quantitative Tightening (QT)**. These statements led to minor gains for both the Nasdaq and Bitcoin. However, the correlation began to break sharply starting at 9 am UTC on October 15. From that point, the Nasdaq 100 finished the week up **0.44%**, while Bitcoin plunged **3.71%**. ## Leverage Washout Cited as Primary Cause On-chain analysts point to the massive crypto crash on October 10—an event that saw over **$19 billion in liquidations** and injected fear into the market—as the likely culprit. TeddyVision, an analyst at CryptoQuant, highlighted two distinct trends between August 1 and mid-October. Analyzing the 30-day Simple Moving Average (SMA) of stablecoin net inflows to exchanges, he found that **USDC inflows to spot exchanges** (typically used for spot buying) declined. Meanwhile, **USDT inflows to derivatives exchanges** (often used for collateral) increased. This suggests that capital used for actual asset purchases decreased. Meanwhile, liquidity supporting leveraged derivatives, such as futures and perpetual contracts, surged. ## The Role of Synthetic Demand According to this analysis, it might not have been **organic spot demand** which have driven the recent price appreciation. Instead, it was likely caused by **speculative leverage** and **synthetic exposure** linked to derivatives and ETF-related capital rotation. The October 10 crash may have instantly evaporated the market’s **speculative buying pressure**, explaining why Bitcoin failed to rally alongside the recovering Nasdaq 100. ## Geopolitical Hopes and Altcoin Strength Bitcoin showed a slight rebound on Sunday, crossing the **$108,000 mark** for the first time since the drop. For Bitcoin to successfully chase the Nasdaq’s recovery this week, attention must shift back to the potential de-escalation of the **US-China tariff war**, which initially caused the price to plummet from the $122,000 level to $100,000. The atmosphere appears tentatively optimistic. In a Friday interview, President Donald Trump indicated that he does not believe the **100% tariff on China** is “sustainable,” suggesting that the high tariff was merely a negotiating tactic to gain concessions on rare earth exports. Treasury Secretary Scott Besent is scheduled to hold working-level talks with Chinese Vice Premier He Lifeng this week in Malaysia. These discussions aim to set the stage for a potential **US-China summit** at the APEC meeting on October 31 in Gyeongju, South Korea. Despite Bitcoin’s two-week slump, **investor sentiment remains resilient**. The rapid recovery of altcoins evidences this. While BTC fell approximately 2%, **ETH rose 5.96%** and **SOL gained 7.12%** over the same period, signaling that lower-cap altcoins are recovering faster than the benchmark asset. ## Looking Ahead: Macro Indicators and Earnings This week, we will also see the release of crucial **macroeconomic indicators**, including the delayed **CPI data** on Friday due to the shutdown of the US government. Manufacturing and service PMI figures and the University of Michigan Inflation Expectations will be released concurrently.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>nasdaq</category> <category>leverage</category> <category>marketanalysis</category> <category>crypto</category> <enclosure url="https://assets.beincrypto.com/img/Cv3wCYqhmivWARHF8faGIgPyWso=/smart/d8ae0e5c6ec24ded9c10faff9d4b88de" length="0" type="image//img/Cv3wCYqhmivWARHF8faGIgPyWso=/smart/d8ae0e5c6ec24ded9c10faff9d4b88de"/> </item> <item> <title><![CDATA[Shocking CNN Investigation Reveals How Crypto ATMs Are Fueling a Massive Fraud Epidemic]]></title> <link>https://www.bitcointoday.app/article/shocking-cnn-investigation-reveals-how-crypto-atms-are-fueling-a-massive-fraud-epidemic</link> <guid>shocking-cnn-investigation-reveals-how-crypto-atms-are-fueling-a-massive-fraud-epidemic</guid> <pubDate>Sun, 19 Oct 2025 14:01:08 GMT</pubDate> <description>< [See the full investigation, with videos and visualizations.](https://www.cnn.com/interactive/2025/10/us/crypto-atm-scams-companies-profit-invs-vis/) ### One Machine, Dozen Frauds I was struck by the detail that CNN documented **at least a dozen potential fraud cases tied to a single ATM**. That’s an indication not just that one ATM has a problem, but that these cases of fraud are **rampant in the US**. Shame at being duped may keep many people from reporting that they’ve fallen victim to fraud, and when they do, authorities are frequently at a loss to help. But now, by using crypto ATMS – there’s probably one near your house – scammers have changed the way things work. And **companies that operate the machines are profiting from it**. The companies behind these crypto ATMs strongly disputed allegations that they profit from scams and listed various efforts to protect consumers. There’s more about all of that in the story. ### Behind the Investigation I talked to three of the CNN reporters who worked on the investigation, Yahya Abou-Ghazala, Curt Devine, and Majlie de Puy Kamp. They answered my questions by email. Our conversation is below: **What made you realize these crypto ATMS were a story? Was it something specific?** We previously wrote about state attorneys general attending lavish foreign trips paid for by the industries they oversee, including a [luxury trip to Rome](https://www.cnn.com/2025/05/15/politics/attorneys-general-luxury-trips-lobbyists-rome-invs) earlier this year. Our colleagues traveled to Italy to document the trip and noticed someone stand out among the attendees. This person appeared younger than other attendees and was not a recognizable official or lobbyist. This turned out to be **Ben Weiss, the CEO of CoinFlip**, a crypto ATM company that had been sued by the state of Iowa for allegedly profiting from scams (which the company disputes). We didn’t know much about crypto ATM companies at the time, but we realized this was an industry that was both gaining influence among government officials and coming under scrutiny. **These scams seem to go by a script where the victim is intimidated by a threatening phone call and an urgent demand for money. What have the crypto ATMs changed?** Crypto ATMs have made it easier to quickly send **large volumes of currency to places out of reach of US law enforcement**. Rather than sending victims to buy a bunch of gift cards for $500 each, for example, scammers can send them to one machine to deposit thousands of dollars at one time and then funnel the currency overseas. Scammers also prey on the average person’s lack of knowledge about the machines themselves. From our experience reporting this story, many people aren’t familiar with crypto ATMs or how they work. Scammers tend to exploit this, especially when they are pretending to be law enforcement or government officials. They send often elderly victims to these machines under the assumption that the crypto ATM is a legitimate way to pay off (made up!) fines, fees, or debts to companies or the government. In one incident, a scammer referenced the **Strategic Bitcoin Reserve** that President Donald Trump established to make a victim more comfortable with stuffing cash into ones of these machines. **So many people – including me – have gotten these phishing calls from people who have personal information about you. They’re scary. Many people probably figure out it’s a scam before handing over money. How often are the calls successful?** That is difficult to answer, but given how prevalent these scam texts are, we have to assume they are lucrative for criminals. The **FBI told us Americans lost around $240 million to crypto ATM scams in the first half of this year**. What’s interesting is that we’ve seen people from all walks of life fall for these scams, including doctors and CEOs. It’s easy to blame the scam victim for falling for the ruse, but the fact of the matter is, if the scam is targeted right, you will probably fall for it too. And these days there is so much information on people available online that it doesn’t take much for a scam to be targeted enough to be believable. **Is there evidence that there is an organized effort behind these? What do we know about the people doing the targeting?** In most local cases we reviewed, the scammer’s identity remains a mystery. But in some cases, specific people have been charged – like a citizen of India [indicted](https://www.justice.gov/usao-az/pr/participants-tech-support-scheme-charged-conspiracy-launder-fraudulent-proceeds) last year, who prosecutors called “a high-level member of a sophisticated, organized, transnational fraud ring.” That case remains pending and much of it is sealed. Some Americans have also been [charged](https://www.justice.gov/usao-mdfl/pr/georgia-inmate-and-associate-indicted-conspiracy-commit-wire-fraud-jury-duty-scam). We also know there are [scam compounds](https://www.cnn.com/2025/02/05/asia/myanmar-thailand-scam-power-cuts-intl-hnk) in places like Myanmar, where thousands of people are held against their will and forced to work for low wages to carry out financial scams that target Americans. So it’s certainly possible that some of the scammers who try to push people in the US to transfer them cash through crypto ATMs are themselves victims of crimes. **You tied multiple scams to a single ATM. How long did that process take? Is there a way for people to figure out if ATMs near them have been used in scams?** We requested records from police departments, the Federal Trade Commission and state offices across the country and went through each incident report to log the details in a spreadsheet. It took us about **four months to receive the records and log more than 700 cases**. It was in that process of manually reading through every report that we started to notice recurring addresses for the same location or store. Once we put everything together, the spreadsheet became a trove of information allowing us to see how much money people had lost, what sort of scam had targeted them and which ATMs they used. It would be time-consuming to replicate that process, and the point is not whether a particular crypto ATM has been repeatedly used by scammers. The point is that these scams are now rampant, so if someone says you need to deposit money into one of these machines to pay a fine or avoid a penalty, that’s almost certainly a scam. **The crypto ATM owners say most of the transactions are legitimate. Is there any data to back up that claim?** That is a great question, with a bit of a convoluted answer. Some of the companies have pointed to a [report](https://www.trmlabs.com/resources/blog/illicit-activity-involving-crypto-atms-is-double-that-of-overall-crypto-industry) by the analytics group TRM Labs, which found that **1.2% of cash-to-crypto transactions were illicit in 2023**. That’s a relatively small figure. But some law enforcement investigations that have obtained data from particular crypto ATM companies and interviewed customers have alleged scams account for much higher percentages of those companies’ business. The **DC attorney general alleged that more than 90% of deposits in one company’s ATMs came from fraud** over the span of months, which that company disputes. **One thing that sticks out is that there appears to be little law enforcement can do after a person uploads cash to the crypto ATM. What are the roadblocks to recovering money?** Once you insert cash into a crypto ATM, that currency can rapidly be transferred just about anywhere in the world. The problem with recovering the money afterward is that scammers often direct the funds to **cryptocurrency exchanges outside of US jurisdiction** that are less likely to cooperate with US law enforcement. **Are lawmakers talking about some kind of regulation? What are some of the remedies being discussed?** More than a dozen states have passed laws that seek to blunt crypto ATM scams. They impose requirements like **daily transaction limits on the machines**, which seek to reduce what scam victims may lose. As lawmakers have sought to crack down, crypto ATM companies have hired lobbyists across the country and have even pushed their own model legislation with fewer protections. In Missouri, for example, legislators passed regulations this year that matched model legislation passed along by CoinFlip in another state nearly word-for-word, with no transaction limits. Some federal lawmakers have pushed for tighter rules, but remember, the Trump administration has [relaxed](https://www.justice.gov/dag/media/1395781/dl?inline) oversight of the crypto industry. So these regulation debates may play out for years to come.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>cryptoatm</category> <category>fraud</category> <category>investigation</category> <category>scams</category> <category>regulation</category> <enclosure url="https://media.cnn.com/api/v1/images/stellar/prod/250808-kb-invs-cryptoatms-0048.jpg?c=16x9&q=w_800,c_fill" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Ethereum's Q3 Explosion: How ETH Stole the Spotlight from Bitcoin in a Major Market Shift]]></title> <link>https://www.bitcointoday.app/article/ethereums-q3-explosion-how-eth-stole-the-spotlight-from-bitcoin-in-a-major-market-shift</link> <guid>ethereums-q3-explosion-how-eth-stole-the-spotlight-from-bitcoin-in-a-major-market-shift</guid> <pubDate>Sun, 19 Oct 2025 20:01:14 GMT</pubDate> <description><]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>ethereum</category> <category>bitcoin</category> <category>altcoins</category> <category>defi</category> <category>marketshift</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/81f9ef09b5ec5fb5c758552f1e2f07c0b949bd00-1338x770.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 Treasury Companies in Crisis: 'Steady Lads' Strategy Fails to Stop the Bleeding]]></title> <link>https://www.bitcointoday.app/article/bitcoin-treasury-companies-in-crisis-steady-lads-strategy-fails-to-stop-the-bleeding</link> <guid>bitcoin-treasury-companies-in-crisis-steady-lads-strategy-fails-to-stop-the-bleeding</guid> <pubDate>Sat, 18 Oct 2025 20:01:07 GMT</pubDate> <description>< Checking a small group of BTCTCs, losses over the past three months range from "just" 38% in the case of Strategy to 94% for **KindlyMD (NAKA)**. ## The 'Steady Lads' Meme Returns As his TerraUSD algorithmic stablecoin began de-pegging from the dollar in May 2022, **Do Kwon famously tweeted**, "Deploying more capital — steady lads." Within days, TerraUSD, which had previously commanded a market cap of about $50 billion, was worthless. That social media post has gone on to become a meme for the crypto community whenever things start to look questionable for the markets or any companies. This isn't to suggest any level of comparable shiftiness or criminality, or to predict the future BTCTCs, but some of the executive teams at these firms have recently been uber-busy on social networks in defense of their business models. ## Executive Responses and Investor Skepticism **Simon Gerovich**, CEO of Japan's **Metaplanet (MTPLF)** — which remains higher since it adopted the BTCTC strategy in 2024, but has had a 70% share price decline over the past three months — on Friday attempted to make the case for why a shift to preferred stock issuance will deliver strong returns to shareholders. "When bitcoin appreciates faster than the cost of capital, that difference compounds into greater bitcoin per share and the benefit accrues to the common shareholders," he said in a post on X. The tl;dr: Metaplanet investors will benefit if "number go up." **KindlyMD CEO David Bailey** — whose 94% share plunge over the past three months has left the stock price below $1 and in danger of being delisted by the Nasdaq — on Thursday found it necessary to deny the claims of an X poster that his company had "FTX vibes." "In no way is there any similarity to FTX," said Bailey. "We’re a regulated, registered security that buys and holds bitcoin." When the CEO of publicly traded company has to respond to a random s--tposter to say "we're not FTX," it's safe to say the plot may have been lost. Then there was **Strive (ASST) CIO Ben Werkman** — whose share price plunge has nearly matched that of NAKA and also faces delisting danger — attempting to explain the difficulties and a way forward. "Now the exuberance is gone, and many companies are now in position with their balance sheets intact to be able to move to the second phase of the journey," said Werkman in an extremely long post to X. "Achieving scale is difficult, but now many companies have it," he continued. "Valuations are reaching what I would consider deep value territory (just based on balance sheets alone), and these are the valuations where many investors will place their bets for the long term." ## Historical Perspective and Future Outlook Werkman went on to remind that many assumed Saylor's Strategy (then MicroStrategy) was going to zero in 2022's crypto winter. Those who faded that assumption were rewarded with mind-boggling returns. MSTR was trading at about $30 when Do Kwon made his "steady lads" post. Even after their recent decline, the shares are still at $290 — or nearly a 10-bagger over the last three and a half years. Whatever the future may hold for the BTCTCs, one thing is for sure: the vibes are anything but positive at the moment. If any of the latecomers are going to mirror the massive success of first mover Strategy, it could require a lot more than just a rising bitcoin price.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>treasury</category> <category>stocks</category> <category>crash</category> <category>investing</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/c0561db4aeebda918b018e06d6e2214c3e845936-5913x3934.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> </channel> </rss>