<?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, 11 Sep 2026 08:24:04 GMT</lastBuildDate> <docs>https://validator.w3.org/feed/docs/rss2.html</docs> <generator>https://github.com/jpmonette/feed</generator> <language>en</language> <image> <title>Bitcoin Today - Bitcoin News Curated and Powered by AI</title> <url>https://www.bitcointoday.app/images/logo-512.png</url> <link>https://www.bitcointoday.app</link> </image> <copyright>All rights reserved 2024, BitcoinToday.app</copyright> <category>Bitcoin News</category> <item> <title><![CDATA[Conflict of Interest? Trump’s Top Economic Advisor Kept $5M Coinbase Stake While Rewriting Crypto Rules]]></title> <link>https://www.bitcointoday.app/article/conflict-of-interest-trump-s-top-economic-advisor-kept-5m-coinbase-stake-while-r</link> <guid>conflict-of-interest-trump-s-top-economic-advisor-kept-5m-coinbase-stake-while-r</guid> <pubDate>Fri, 11 Sep 2026 01:53:00 GMT</pubDate> <description><![CDATA[In a revelation that has sparked ethical debates within the highest levels of the US government, **Kevin Hassett**, Director of the National Economic Council (NEC) under President **Donald Trump**, held between **$1 million and $5 million** in vested shares of **Coinbase** at the end of 2025. This disclosure comes as the Trump administration aggressively reshapes federal cryptocurrency policy, raising questions about potential conflicts of interest. ### The Disclosure and Ethical Concerns Hassett’s previously unreported 2025 annual financial disclosure lists these investments as vested Coinbase stock. Notably, Hassett had previously served as an advisor to Coinbase until January 2025, just before joining the White House. Despite nearly 11 months into his tenure, he had not fully divested from the crypto giant. While the filing was recently released, it only covers holdings through 2025, leaving open whether he still possesses these assets today. The timing is critical. Just three days after taking office in 2025, Trump established the **President’s Working Group on Digital Asset Markets** within the NEC. Hassett’s position or a designee was mandated as a member, with final recommendations routed through his office. The group, chaired by White House crypto advisor **David Sacks**, proposed sweeping regulatory changes affecting digital-asset markets, banking, stablecoins, and taxation. ### Recusal vs. Influence Hassett stated that he recused himself from all crypto-related matters while ethics officials reviewed his situation. "Since day one, Kevin Hassett has and continues to be in full compliance with all ethical requirements, including his recusal from all cryptocurrency-related matters," White House spokesperson Kush Desai told CNBC. However, experts argue that simple recusal may not be sufficient. **Virginia Canter**, chief counsel at the Democracy Defenders Fund, highlighted the complexity: "I think he’s got a major conflict of interest, or the appearance of one." She noted that if Hassett was recused broadly from crypto discussions, it could have sidelined him from coordinating broader economic policy across agencies like the Treasury, SEC, and CFTC—all of which were involved in the crypto working group. The final report from the crypto working group listed **Robin Colwell** as the NEC representative rather than Hassett, suggesting significant exclusion from key deliberations. Yet, critics question how effective this recusal truly was in practice, given the centrality of crypto to the administration's agenda. ### Broader Context: Crypto and Politics This incident occurs against a backdrop of intense political engagement from the crypto industry: * **Trump’s Personal Gains**: President Trump reported over **$1.4 billion** in income from family crypto ventures in 2025, including through **World Liberty Financial**. * **Regulatory Shifts**: The SEC dismissed its enforcement lawsuit against Coinbase with prejudice in February 2025, aiming to facilitate a broader regulatory overhaul. * **Industry Lobbying**: Coinbase CEO **Brian Armstrong** has met repeatedly with Trump and White House officials, advocating for the **Clarity Act**. Armstrong recently stated the bill was "ready to get a yes vote" ahead of key Senate votes. Despite Coinbase’s stock performance struggling since Trump’s return to office, the company remains a pivotal player in pushing for federal regulatory clarity, pledging millions more in spending ahead of the midterms. While the White House maintains Hassett’s compliance, the intersection of massive personal wealth, high-level policy-making, and rapid regulatory change keeps the spotlight firmly on the ethics of crypto governance in Washington.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>coinbase</category> <category>kevinhassett</category> <category>cryptoregulation</category> <category>trumpadmin</category> <category>ethics</category> <enclosure url="https://image.cnbcfm.com/api/v1/image/108291796-1776265284878-gettyimages-2270867711-IMF_WORLD_BANK.jpeg?v=1776265310&w=1920&h=1080" length="0" type="image/jpeg"/> </item> <item> <title><![CDATA[Why Japan’s Remixpoint Just Liquidated Its Entire Altcoin Portfolio for Bitcoin]]></title> <link>https://www.bitcointoday.app/article/why-japan-s-remixpoint-just-liquidated-its-entire-altcoin-portfolio-for-bitcoin</link> <guid>why-japan-s-remixpoint-just-liquidated-its-entire-altcoin-portfolio-for-bitcoin</guid> <pubDate>Wed, 02 Sep 2026 21:31:05 GMT</pubDate> <description>< In its official statement, Remixpoint emphasized that the decision was driven by a comprehensive evaluation of **market volatility**, **risk-to-reward ratios**, and long-term **financial strategy**. By consolidating its reserves exclusively into **Bitcoin**, the company aims to streamline its treasury management, enhance capital efficiency, and eliminate the complexities associated with managing multiple digital assets. Following the liquidation, Remixpoint’s cryptocurrency portfolio now consists solely of approximately **1,506 BTC**, valued at roughly **$116.1 million**. This places the firm at number 38 on the list of public companies holding Bitcoin on their balance sheets. Additionally, the company reported generating 14.92 BTC in lending fees between February and August, further demonstrating its active engagement with Bitcoin-centric financial products. ### The Broader Corporate Bitcoin Adoption Wave Remixpoint’s move aligns with a rapidly accelerating trend among publicly traded firms globally. As institutional adoption matures, corporations are increasingly favoring **Bitcoin** as a primary reserve asset due to its proven scarcity, liquidity, and macroeconomic hedge characteristics. Recent months have seen aggressive accumulation campaigns from peers like **Metaplanet**, which recently expanded its holdings to over 40,000 BTC, and **Strive**, which injected over $220 million into BTC purchases. Even traditional heavyweights like **Strategy** (formerly MicroStrategy) have resumed massive buying sprees, purchasing thousands of BTC worth hundreds of millions of dollars. Meanwhile, Asian tech firms like **Zhibao Technology** are executing direct private placements funded entirely in Bitcoin. This corporate flight to quality underscores a fundamental shift in how businesses view digital assets. Rather than treating cryptocurrencies as speculative trading instruments, companies are strategically allocating capital toward **Bitcoin** to fortify their balance sheets against inflation and currency devaluation.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>treasurystrategy</category> <category>cryptoadoption</category> <category>altcoinliquidation</category> <category>corporatefinance</category> <enclosure url="https://cdn.decrypt.co/resize/1024/height/512/wp-content/uploads/2026/08/bitcoin-savings-decrypt-style-gID_7.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Crypto’s Bold Move: Why Projects Are Burning $640M to Buy Back Their Own Tokens]]></title> <link>https://www.bitcointoday.app/article/crypto-s-bold-move-why-projects-are-burning-640m-to-buy-back-their-own-tokens</link> <guid>crypto-s-bold-move-why-projects-are-burning-640m-to-buy-back-their-own-tokens</guid> <pubDate>Mon, 31 Aug 2026 04:00:20 GMT</pubDate> <description>< ## Who’s Leading the Charge? The surge is heavily concentrated. Perpetual exchange **Hyperliquid** and memecoin platform **pump.fun** are responsible for nearly **90%** of these repurchases. Hyperliquid has been particularly aggressive, allocating **99% of its trading fee revenue** toward buying back and permanently canceling its native **HYPE token**. Since launching in December 2024, the protocol has retired over **$1.3 billion** worth of HYPE, driving a remarkable **70% price surge** despite broader market weakness. Matt Hougan of Bitwise Asset Management credits this aggressive supply reduction as the primary catalyst for investor confidence.  Other notable participants include decentralized finance platform **Sky Protocol**, which has acquired **$26 million** in SKY tokens to align governance voters with long-term success, and staking giant **Lido**, which plans to tie future buybacks directly to achieving **$40 million in annualized revenue**. ## Why Now? Regulatory Shifts & Market Psychology Historically, token buybacks were rare. During the previous SEC leadership under Gary Gensler, executives avoided repurchase programs to prevent their tokens from being classified as unregistered securities. However, a **friendlier regulatory stance** under the current administration has removed much of this legal hesitation, empowering teams to implement aggressive capital return strategies. Experts note there is a strong **"optic incentive"** at play. As Elton Shehdula from Allium Labs explains, buying back tokens reduces circulating supply and sends a powerful signal of project confidence. Yet, the strategy isn't a guaranteed magic bullet. Decentralized exchange **Jupiter** has spent nearly $14 million on buybacks, yet its token remains down 55%. Similarly, **Chainlink** continues its repurchases while its LINK token has halved in value. In fact, Helium recently halted its program entirely after realizing the market wasn't rewarding the expenditure. ## Beyond Hype: The Rise of Fundamental Tokenomics The crypto landscape is undergoing a structural evolution. Traders are increasingly moving past speculative manias, demanding **tangible economic benefits** rather than relying on pure hype. Protocols are beginning to mirror traditional corporate structures by distributing revenue shares akin to dividends. For example, **THORChain** allocates 55% of revenues to stakers and dedicates 20% to token buybacks. Despite these robust fundamental alignments, market performance remains volatile, proving that while buybacks can support prices, they cannot single-handedly override broader macroeconomic trends or project-specific challenges.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>tokenbuybacks</category> <category>cryptoeconomics</category> <category>hyperliquid</category> <category>defi</category> <category>fundamentalanalysis</category> <enclosure url="https://images.ft.com/v3/image/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F5f8a6403-663e-4c87-b576-0401667e3a7a.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Is Zcash the Next Bitcoin? Grayscale Reveals Why This Privacy Coin Could Explode Further]]></title> <link>https://www.bitcointoday.app/article/is-zcash-the-next-bitcoin-grayscale-reveals-why-this-privacy-coin-could-explode-</link> <guid>is-zcash-the-next-bitcoin-grayscale-reveals-why-this-privacy-coin-could-explode-</guid> <pubDate>Sun, 30 Aug 2026 01:33:29 GMT</pubDate> <description>< ## Why Privacy Coins Are Poised for a Comeback In an era increasingly dominated by **artificial intelligence**, financial surveillance has become more sophisticated than ever. AI can now easily link public blockchain addresses to exchanges, wallet behaviors, and transaction histories. Grayscale highlights that this growing transparency could spark a renewed wave of demand for **confidential transactions**. Zcash leverages **zero-knowledge proofs** to enable **shielded transfers**, effectively obscuring sender, recipient, and transaction amounts. Unlike Bitcoin’s transparent ledger, these cryptographic techniques ensure true **financial privacy**. Furthermore, emerging **intents technology** allows wallets to coordinate cross-chain swaps automatically. This means users or AI agents can access ZEC’s privacy features without requiring merchants to directly accept the coin, dramatically expanding its utility. ## Market Cap Gap & Hypothetical Price Scenarios Even after its massive run-up, ZEC’s market capitalization sits at just **0.88%** of Bitcoin’s total value. As of late August, Bitcoin commanded a staggering **$1.56 trillion** market cap, while Zcash trailed at roughly **$13.74 billion**. Grayscale suggests this disparity indicates investors are underpricing ZEC’s defensive attributes against digital surveillance. To illustrate potential growth, Grayscale modeled hypothetical valuations based on ZEC capturing different percentages of Bitcoin’s market cap over five years: • **2% share**: ~$1,622 per ZEC • **5% share**: ~$4,054 per ZEC • **10% share**: ~$8,109 per ZEC *(Note: These figures are theoretical scenarios, not guaranteed price targets.)*  Institutional access also expanded significantly when **Grayscale’s Zcash ETF (ticker: ZCSH)** began trading on the **NYSE Arca** on August 25. This move transitions ZEC from OTC markets to a regulated exchange, granting traditional investors direct spot exposure without the hassle of managing private keys or self-custody wallets. ## Development Risks & Network Momentum While the outlook is bullish, Grayscale acknowledges that ZEC carries higher volatility and execution risks typical of smaller-cap assets. The **Zcash Foundation** recently patched two critical vulnerabilities in its Zebra node implementation, including a remote denial-of-service flaw and a high-severity chain-split risk. Continuous security upgrades remain essential for long-term adoption. Pandl emphasized the strategic positioning of the project: *“Zcash, a privacy-focused digital currency, is the Bitcoin competitor with the best shot at capturing market share over time, in our view.”* With increasing shielding technology usage, fresh mining capital, and institutional ETF backing, Zcash is steadily building the momentum needed to challenge Bitcoin’s entrenched network effects.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>zcash</category> <category>grayscale</category> <category>privacycoins</category> <category>zeroknowledgeproofs</category> <category>cryptoetf</category> <enclosure url="https://static.news.bitcoin.com/wp-content/uploads/2026/08/zcash-price-august-29.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Trump Family's Crypto Venture Makes History: First Presidential Bank Charter Approved]]></title> <link>https://www.bitcointoday.app/article/trump-familys-crypto-venture-makes-history-first-presidential-bank-charter-approved</link> <guid>trump-familys-crypto-venture-makes-history-first-presidential-bank-charter-approved</guid> <pubDate>Sun, 16 Aug 2026 07:01:28 GMT</pubDate> <description><![CDATA[In a groundbreaking move, the Office of the Comptroller of the Currency (OCC) has granted conditional approval for World Liberty Trust Co., a crypto business owned 38% by an entity affiliated with Donald J. Trump and his family, to establish a bank charter. This marks the first time in U.S. history that a sitting president's family has been granted bank status, raising significant concerns about conflicts of interest. **Key Developments:** - **Stablecoin Issuance:** The approval allows World Liberty Trust to issue its own stablecoin tied to the U.S. dollar, cutting out third-party providers like BitGo. Stablecoins offer stability compared to volatile cryptocurrencies like Bitcoin, making them attractive for large transactions. - **Direct Profits:** Clients will exchange dollars for the stablecoin, with profits flowing directly to the Trump family's business. The venture has already secured around $5 billion in its first days, with Trump himself making over $1.4 billion from crypto ventures. - **Political Backlash:** Democratic lawmakers, including Sen. Elizabeth Warren, have condemned the decision as "the most brazen act of self-dealing our financial system has ever seen." Warren is introducing a bill to stop such corruption. - **OCC's Defense:** The OCC maintains that staff acted consistently with statutory duties and ethical obligations, and the charter is conditional on meeting capital requirements. **Conflicts of Interest:** White House spokeswoman Anna Kelly insists there are no conflicts, citing that Trump's assets are in a blind trust managed by his children. However, critics note that a typical blind trust operates with an independent trustee, not family members. **International Ties:** The approval follows a $2 billion investment from Abu Dhabi's MGX, which plans to use the Trump family's stablecoin in transactions with Binance. This deal has raised eyebrows, especially after the Trump administration agreed to supply the UAE with AI chips, despite prior concerns about China. This unprecedented move blurs the lines between private business and public office, setting a new precedent for presidential financial entanglements.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>trump</category> <category>stablecoin</category> <category>bankcharter</category> <category>cryptoregulation</category> <category>conflictofinterest</category> <enclosure url="https://i.abcnewsfe.com/a/9e462936-3d9b-4fb6-8f35-031f17713bf8/trump-occ-ruling_1786788347758_hpMain_16x9.jpg?w=1600" length="0" type="image/jpg"/> </item> </channel> </rss>