<?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, 28 Jul 2026 19:14:26 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[Ether Surges, Bitcoin Holds $65K as Oil Plunges 6%: Key Crypto Market Updates]]></title> <link>https://www.bitcointoday.app/article/ether-surges-bitcoin-holds-65k-as-oil-plunges-6-key-crypto-market-updates</link> <guid>ether-surges-bitcoin-holds-65k-as-oil-plunges-6-key-crypto-market-updates</guid> <pubDate>Mon, 27 Jul 2026 14:01:15 GMT</pubDate> <description><![CDATA[Live updates from the crypto market show **bitcoin rising above $65,000** as oil tumbles on Iran war cooldown, while **ether leads altcoins higher**. ## Oil Plunges 6% as Iran War Cools President Trump is giving diplomacy "some space," said Mike Waltz, D.C.'s ambassador to the United Nations on Sunday. WTI crude oil is down nearly 7% to $83.14 per barrel, and Brent crude is down similarly. In turn, U.S. stock index futures are on the rise, led by the Nasdaq 100's 1.35% gain. Interest rates have ticked lower by a couple of basis points. **Bitcoin is higher by 1.1% to $65,150**, with ether (ETH) and solana (SOL) both outperforming, up closer to 2%-3%. ## Ether Leads Crypto Higher as Bitcoin Holds as the Market's Defensive Anchor CoinEx's Jeff Ko sees **bitcoin staying range-bound near $65,000** while retreating oil, a 4.7% 10-year yield and a week of mega-cap earnings set the tone. The bigger swing factor is corporate: Apple, Microsoft, Meta and Amazon all report this week, and Ko said their free cash flow and AI-spending guidance could move Treasury yields and the Nasdaq, indirectly shaping the liquidity that flows into crypto. Ko added that the composition of ETF flows will matter as much as the headline numbers. ## Ether-Bitcoin Ratio Hits Three-Month High The **ether-bitcoin ratio has risen to 0.03**, the highest since late April, according to TradingView. The pair is hovering above its 200-day simple moving average for the first time since January and has gained over 20% since the sell-off ran out of steam on June 6. This sustained ether outperformance could be a sign of an impending altcoin boom. However, as of this writing, BTC remains the most dominant token, accounting for 59% of the total crypto market. ## Strategy Raises Cash, Buys Back STRC Stock Strategy (MSTR) last week boosted its so-called USD Reserve by $525 million to $3.75 billion. The company raised $544.5 million via sales of more than 5.4 million shares of common stock. A small portion of that fresh money — $25 million — was used to repurchase 288,930 shares of its high-yielding STRC preferred stock. The company made no changes to bitcoin holdings, which remain at 843,755 coins. MSTR is higher by 2.8% pre-market alongside a small rise in the price of bitcoin over the weekend. STRC is up 2.45%. ## Saylor: Intend to Continue Buying STRC Under $100 Strategy Executive Chairman **Michael Saylor** commented on this morning's disclosure that his company repurchased $25 million worth of its preferred stock STRC last week. "We intend to remain a regular, disciplined buyer of STRC below $100," said Saylor. "More at deeper discounts, less as STRC nears $100. Another $975M remains available for our prefs." MSTR is up 6.1% early Monday and STRC is up 2.3% to $88.90. ## Tom Lee's Bitmine Immersion Added Nearly 10,000 ETH Tokens Last Week Bitmine Immersion (BMNR) added 9,946 of ether (ETH) tokens last week, bringing total holdings to 5,787,414 tokens. The company also repurchased more common stock. "We increased our equity buyback as we view the rising ETH/BTC ratio, despite the falling odds of passage of the Clarity Act in 2026, as a sign crypto prices are strengthening," said Chairman Tom Lee. BMNR is higher by 4.9% pre-market as ETH has risen about 3% over the past 24 hours. ## Strive's Bitcoin Holdings Rise to 20,000 Bitcoin treasury company Strive (ASST) disclosed the purchase of 79 bitcoin last week, bringing total holdings to 20,000. The company also added 808 shares of Strategy's STRC, bringing holdings of that preferred stock to 43,879 shares. ## Over $1 Million in Stablecoins Drained in Separate WEMIX and Garden Finance Incidents Layer-1 blockchain **WEMIX** and decentralized finance protocol **Garden Finance** paused services after separate security incidents on Sunday moved at least $1.17 million in stablecoins. An attacker compromised ownership of a WEMIX$-related contract and issued about 5.23 million tokens without authorization. Separately, Blockaid said about $450,000 in USDT was drained from Garden Finance's hash time-locked contracts across Ethereum, Base, Arbitrum and BNB Chain. Garden said its contracts were not compromised and attributed the incident to a breach of an independent solver's off-chain database. ## SpaceX Stock Falls, Market Prices AI Business at Zero SpaceX has more than round-tripped its entire post-IPO run. The stock priced at $135 in mid-June, spiked to $225 in its first week, and now trades near $115. Morgan Stanley analyst Adam Jonas said that if it slides to $100, investors would effectively be assigning zero or negative value to the company's AI business. He kept a $300 target. The company holds $1.2 billion worth of bitcoin as on Monday prices. ## China's Gold Imports Continue to Surge China's purchases of gold increased for the third straight month in June, tallying approximately 173 tonnes, the highest since March 2024. Retail investors are also steadily accumulating gold through small, incremental purchases via bank-led savings plans. China has a strict ban on trading and mining of cryptocurrencies and stablecoins to prevent capital flight and financial fraud.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>ethereum</category> <category>marketsentiment</category> <category>oil</category> <category>gold</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/406d631eb6c2d90d84f63167e956df6b4f6c3994-2842x1466.png?auto=format&fit=crop&crop=focalpoint&w=1920&h=1080&q=75" length="0" type="image/png"/> </item> <item> <title><![CDATA[PC Modder Builds DIY Copper RAM Heatsinks to Beat $20 Price Tag]]></title> <link>https://www.bitcointoday.app/article/pc-modder-builds-diy-copper-ram-heatsinks-to-beat-20-price-tag</link> <guid>pc-modder-builds-diy-copper-ram-heatsinks-to-beat-20-price-tag</guid> <pubDate>Mon, 27 Jul 2026 07:01:28 GMT</pubDate> <description><![CDATA[A PC modder known as **sunrise2209** shared a DIY RAM cooling hack on Reddit, crafting **copper pipe heatsinks** in about 45 minutes per stick to avoid spending roughly $20 on commercial versions. The build drew immediate pushback over **copper's conductivity** and the risk of short circuits, with commenters urging thermal insulating pads. It also revived a bigger question: **whether standard RAM needs extra cooling at stock settings**. ## Why DIY for RAM upgrades is gaining attention PC hardware prices have a way of nudging people toward creativity. Lately, that’s showing up in small, practical projects shared in the corners of the internet where builders swap tips and cautionary tales. One recent example comes from a Reddit user who didn’t want to pay accessory markups just to keep a memory kit looking and running cooler. On Reddit, sunrise2209 posted photos of a homemade solution for RAM cooling, built from repurposed copper pipe. The motivation was straightforward: commercial RAM heatsinks can run about $20, and if you already have tools and scrap material, that’s an easy line item to challenge. It’s also a reminder that “upgrade” doesn’t always mean buying new parts. ## How it works: Crafting copper heatsinks at home The build itself was almost charmingly low-tech. Using basic hand tools, the creator cut, split, flattened, and shaped sections of copper pipe into plates sized to fit over RAM modules, then polished the surfaces for a clean finish. Per the post, the process took roughly 45 minutes per heatsink, which is a real time investment even before installation. From a thermal standpoint, **copper is a strong choice** because it moves heat efficiently. From a maker standpoint, it’s also forgiving: you can bend it, file it, and iterate until the fit is right. That flexibility is part of the appeal, especially for PC builders used to tweaking airflow and cable routing for the last few degrees. ## The balance between risks and rewards The comment section quickly split into admiration and alarm. **Copper conducts electricity** as well as heat, so bare metal near exposed contacts raises the specter of a short. The builder addressed that head-on, noting that the photos used old DDR2 test sticks, and that **thermal insulating pads** would be used to keep the copper from touching anything it shouldn’t. That detail matters because DIY PC mods don’t fail gracefully. A poorly placed heatsink can turn into a motherboard-killing mistake the moment you hit the power button. It’s also why experienced builders tend to treat “looks cool” and “is safe” as separate checkboxes. ## Cost-saving creativity or unnecessary effort? Then there’s the bigger question: **does standard RAM even need extra cooling?** Several commenters argued that at factory settings, most memory modules rarely run hot enough to justify elaborate heatsinks, especially in a case with decent airflow. Unless you’re pushing higher voltages and aggressive tuning, often associated with newer **DDR5 overclocking**, the practical gains can be modest. Still, projects like this keep showing up for a reason. They’re a way to **stretch budgets**, learn by doing, and personalize a build without waiting for sales or dropping more cash. Even when performance benefits are debatable, the impulse to tinker feels very real right now.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>diy</category> <category>ram</category> <category>heatsink</category> <category>copper</category> <category>pcmodding</category> <enclosure url="https://static.news.bitcoin.com/wp-content/uploads/2026/07/a-gamer-boosted-his-ram-with-diy-copper-pipe-heatsinks-in-45-minutes.png" length="0" type="image/png"/> </item> <item> <title><![CDATA[John Oliver Exposes Trump's 'Flagrantly Corrupt' Crypto Schemes: A $2.2 Billion Scandal]]></title> <link>https://www.bitcointoday.app/article/john-oliver-exposes-trumps-flagrantly-corrupt-crypto-schemes-a-22-billion-scandal</link> <guid>john-oliver-exposes-trumps-flagrantly-corrupt-crypto-schemes-a-22-billion-scandal</guid> <pubDate>Mon, 27 Jul 2026 20:01:13 GMT</pubDate> <description><![CDATA[John Oliver returned to *Last Week Tonight* with a scathing takedown of Donald Trump's crypto dealings, calling the president **"flagrantly corrupt and compromised."** The episode focused on Trump's transformation from calling Bitcoin a "scam" to becoming **"the first crypto president"** after the industry poured money into his election campaign. ### Trump's Crypto Empire In his first year back in office, Trump made over **$2.2 billion**, with **$1.4 billion** coming from his family's crypto ventures. Oliver highlighted two key schemes: **Trump memecoins** and **World Liberty Financial**. ### The Memecoin Pump and Dump Trump launched his own memecoin, followed by Melania Trump's coin. Oliver described these as **"pump and dump schemes"** — spiking in value before crashing, with insiders selling at the peak. The coin once hit **$50 billion** in value but later crashed **92%** . Trump personally pocketed **$636 million** from the scheme, while **over 1 million buyers lost money**. ### World Liberty Financial: A Corruption Playground Oliver exposed how Trump's crypto company, World Liberty Financial, became a vehicle for foreign influence. **Justin Sun**, the Chinese millionaire who ate a $6.2 million banana, invested **$75 million** in the company while under SEC investigation. After his investment, the SEC paused its probe and later settled. Similarly, a UAE royal linked to an investment firm poured money into Trump's company at the same time the UAE sought approval for advanced computer chips — which was granted after Biden-era restrictions. ### Regulatory Capture Trump promised to fire the SEC chair who was tough on crypto, and followed through by appointing **Paul Atkins**, a pro-crypto replacement. This led to **60% of crypto enforcement cases** being eased. Trump is now pushing the **Clarity Act**, a bill that would move crypto regulation out of the SEC's hands, making these changes **"hard to undo."** ### Conclusion Oliver concluded that any mention of Trump and crypto should imply **"some shady shit is likely going down."** The episode serves as a stark warning about the intersection of political power and unregulated digital assets.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>trump</category> <category>johnoliver</category> <category>cryptocorruption</category> <category>worldlibertyfinancial</category> <category>memecoin</category> <enclosure url="https://i.guim.co.uk/img/media/15f3c59258a7b3820105fc14738656355ea525f0/213_0_1324_1060/master/1324.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&precrop=40:21,offset-x50,offset-y0&overlay-align=bottom%2Cleft&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctZGVmYXVsdC5wbmc&enable=upscale&s=74887125c3232103f2b5cb9098f0e0af" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Crypto vs. Lunar Real Estate: Which Investment Is Out of This World?]]></title> <link>https://www.bitcointoday.app/article/crypto-vs-lunar-real-estate-which-investment-is-out-of-this-world</link> <guid>crypto-vs-lunar-real-estate-which-investment-is-out-of-this-world</guid> <pubDate>Sun, 26 Jul 2026 20:01:12 GMT</pubDate> <description><![CDATA[**Bitcoin mining and lunar deeds** may share similar kinds of magical thinking, but only one has Jamie Dimon’s stamp of approval. I used to own the Moon. Well, not the entire thing — just imagine the upkeep costs, not to mention the cosmic HOA dues! Rather, in a misguided birthday present, I was given 10 sercas of the **Lighted Lunar Surface** in a quadrant I think was a few squares south of the extreme northwest corner of the recognized Lunar chart. It cost $20 in 1980, and you can get your own today for just $34.99. This article from Bloomberg Opinion explores the parallels between **cryptocurrency investments** and **lunar land ownership**, questioning the rationality behind both. While crypto has gained mainstream attention and even approval from some traditional financiers, lunar deeds remain a novelty. The comparison highlights the **speculative nature** of both assets and the fine line between innovation and fantasy.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>lunardeeds</category> <category>jamiedimon</category> <category>speculation</category> <category>investment</category> <enclosure url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iBTilt0HAejg/v1/1200x799.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Bitcoin Dips Below $64K as Stock Rally Fizzles: Intel, Micron Lead Tech Slide]]></title> <link>https://www.bitcointoday.app/article/bitcoin-dips-below-64k-as-stock-rally-fizzles-intel-micron-lead-tech-slide</link> <guid>bitcoin-dips-below-64k-as-stock-rally-fizzles-intel-micron-lead-tech-slide</guid> <pubDate>Fri, 24 Jul 2026 14:01:32 GMT</pubDate> <description><![CDATA[U.S. stocks have given up early futures gains, with the **Nasdaq turning down 0.6%** shortly after the open on Friday. This weakness in equities is dragging down the crypto market. **Intel (INTC)** was up more than 10% last night following its Q2 earnings, but has now reversed to a **4% decline**. Similarly, **Micron is down 6%** and **SanDisk is off by 7%**, signaling a broad tech pullback. The sell-off in AI momentum stocks is spilling over into cryptocurrencies. **Bitcoin** nearly touched $66,000 just hours ago but has since slid to **$63,900**, a drop of almost **2% over the past 24 hours**. **Ether (ETH)** is down **3%** in the same period. This market action comes as investors digest recent tech earnings and reassess risk appetite. The correlation between crypto and tech stocks remains strong, with both sectors facing headwinds from macroeconomic uncertainty and profit-taking.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>ether</category> <category>stockmarket</category> <category>techearnings</category> <category>marketpullback</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/616e44316b00e97fa939ff279c0fd6447b7188ac-2916x1518.png?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/png"/> </item> <item> <title><![CDATA[Stripe's $53B PayPal Bid: A Game-Changer for Crypto and Stablecoins?]]></title> <link>https://www.bitcointoday.app/article/stripes-53b-paypal-bid-a-game-changer-for-crypto-and-stablecoins</link> <guid>stripes-53b-paypal-bid-a-game-changer-for-crypto-and-stablecoins</guid> <pubDate>Fri, 24 Jul 2026 07:01:13 GMT</pubDate> <description><![CDATA[On July 15, **Stripe** made an offer to buy **PayPal** for $53 billion. While PayPal's board has held out for a higher price, the acquisition could still go through. Here's what it means for crypto investors. ## The Stablecoin Landscape Could See a Tectonic Shift Stripe's crypto push accelerated with **Tempo**, a payments-first blockchain for stablecoins launched on March 18. Transaction fees are minimal and payable in any stablecoin. Leading firms like **Visa**, **Mastercard**, and **Coinbase** are design partners. On June 30, over 140 organizations announced **Open USD (OUSD)**, a consortium-backed stablecoin launching on **Solana**. PayPal brings **439 million active accounts** and its own stablecoin, **PayPal USD** ($2.7B market cap), with Solana as its default network. Combined with Stripe's 4 million merchants, **Tempo could become the primary settlement rail** for the largest non-crypto-native stablecoin distribution channel ever built. This could starve capital from chains like **Tron** that depend on stablecoin volume. ## What It Means for XRP and Solana A Stripe-PayPal merger is **mildly bearish for both XRP and Solana**, but not catastrophic. **XRP's** original pitch as a cross-border transfer layer was already questionable due to stablecoin adoption. Ripple's own **Ripple USD** cannibalizes its enterprise customers. A merged entity targeting the same buyers with greater consumer reach would make it hard for XRP to compete in stablecoin payments. However, XRP can still find growth in tokenized asset management. **Solana** is somewhat hedged. If stablecoin flows move from Solana to Tempo, Solana loses share. But if the merged entity uses Solana as the rail to reach PayPal's consumers, Solana wins. Even if it loses out, Solana has other growth segments like tokenized stocks. **Key takeaway:** Networks with diversified ecosystems will fare better than one-trick ponies as powerful new players enter the space.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>stripe</category> <category>paypal</category> <category>stablecoins</category> <category>xrp</category> <category>solana</category> <enclosure url="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F879013%2Fsan-jose-office-with-paypal-sign-outside-with-logo_paypal.jpg&w=1200&op=resize" length="0" type="image//image/"/> </item> <item> <title><![CDATA[Bitcoin Faces Its Ultimate Test as Bond Yields Hit a 17-Year High]]></title> <link>https://www.bitcointoday.app/article/bitcoin-faces-its-ultimate-test-as-bond-yields-hit-a-17-year-high</link> <guid>bitcoin-faces-its-ultimate-test-as-bond-yields-hit-a-17-year-high</guid> <pubDate>Thu, 23 Jul 2026 14:01:15 GMT</pubDate> <description>< The chart shows yield offered by the U.S. 30-year TIPS since 2005. It has risen to nearly **3%**, a 17-year high. This elevated real yield is often seen as a **headwind for risk assets**.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>tips</category> <category>bondyields</category> <category>cryptomarkets</category> <category>institutionalinvestment</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/488464fe6b8a87a0d56aff6ec5e0bd208ce35c0d-1500x1001.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Google and Tesla Stocks Plunge as AI Spending Spooks Investors]]></title> <link>https://www.bitcointoday.app/article/google-and-tesla-stocks-plunge-as-ai-spending-spooks-investors</link> <guid>google-and-tesla-stocks-plunge-as-ai-spending-spooks-investors</guid> <pubDate>Thu, 23 Jul 2026 20:01:27 GMT</pubDate> <description><![CDATA[Shares of **Google** and **Tesla** plunged on Thursday as investors were spooked by the ever-increasing amounts of money being spent on artificial intelligence (AI). Google's parent company **Alphabet** saw its share price drop by more than **7%**, while Elon Musk's electric vehicle-maker **Tesla** saw its stock fall **13.5%**. Both reported **negative free cash flow** - the money retained after paying for operations and investments - in financial results on Wednesday, alongside promises to spend billions more in the months and years to come. It was the first time Google had seen the cash metric turn negative since it became a public company in 2004, according to its financial records. As major tech companies race to capitalize on a new wave of AI technology, investors are wondering when financial benefits will show up. Alphabet now expects to spend as much as **$205bn** this year, mainly on AI projects and infrastructure, a $15bn increase from a spending estimate it gave just three months ago. Meanwhile, Tesla expects this year to spend up to **$25bn** on unspecified projects. "There is still a healthy degree of scepticism about the ability of these investments to generate a commensurate level of return," Russ Mould, an investment director at AJ Bell, said. ## Revenue Growth Overshadowed by Spending Alphabet's combined quarterly revenue hit **$119.8bn**, up **23%** compared with the same period last year. Though Google parent Alphabet saw its business continue to grow in recent months, heavy spending on AI infrastructure pushed its leftover cash into negative territory. The company's free cash flow came in at **negative $5.9bn** for the first time in at least a decade, according to its past financial records. Its stock quickly fell **4%** in after-hours trading. Anat Ashkanazi, Google's chief financial officer, noted on a call with financial analysts that the company had recorded negative free cash flow due to growing capital expenditures, essentially all of which were related to AI spending. She said the company spent **$45bn** in the second quarter, with **60%** of the cost going towards servers and the remaining **40%** going towards data centres. Alphabet's capital spending was $36bn in the first quarter of this year. Ashkanazi said on the call that when it comes to AI, "the demand still outpaces that investment." ## Executives Defend Spending "As long as we see these attractive opportunities to invest, we will continue to invest." Sundar Pichai, Google's chief executive, said the technological shift to AI tools and capabilities still "feels like early innings in a shift across multiple areas" and the company's plans around generating financial returns on its spending were "disciplined." "What I see with what you can do with frontier capabilities, there is still a lot of work left to do to translate that into experiences for our users. So that looks like extraordinary opportunities with extraordinary returns." Rachel Winter, a partner at the wealth management firm Killik & Co, said there was some surprise among investors about how much Google was spending. "These are huge numbers. The fact that the shares dropped when the results came out, that suggests there is a little bit of concern about those levels." Tesla reported negative free cash flow on Wednesday of **$1.1bn** for the second quarter due to its own increasing investment costs. It was the company's first negative showing of leftover cash in two years, according to its financial records. Tesla's plans to spend **$25bn** this year is more than double its capital spending in 2025. Vaibhav Taneja, Tesla's chief financial officer, said on Wednesday that Tesla was in "a big investment cycle" and its spending would probably increase further over the next three years.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>google</category> <category>tesla</category> <category>aispending</category> <category>stockmarket</category> <category>freecashflow</category> <enclosure url="https://ichef.bbci.co.uk/news/1024/branded_news/f610/live/9cc8bdc0-8616-11f1-8dd8-4d5cff7c66df.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Stablecoin Crashes 99% in Seconds: Oracle Exploit Drains Bitcoin Vaults]]></title> <link>https://www.bitcointoday.app/article/stablecoin-crashes-99-in-seconds-oracle-exploit-drains-bitcoin-vaults</link> <guid>stablecoin-crashes-99-in-seconds-oracle-exploit-drains-bitcoin-vaults</guid> <pubDate>Wed, 22 Jul 2026 14:01:14 GMT</pubDate> <description><![CDATA[**Balance Coin**, an algorithmic stablecoin designed to maintain a $1 peg, **crashed over 99%** to approximately $0.0014 after an attacker exploited a critical pricing flaw in its protocol. The exploit drained nearly $1 million from the system's bitcoin-backed vaults. ### How the Attack Happened Security firm **SlowMist** reported that the attacker manipulated the protocol's **oracle**—the external price feed it relies on—to feed a **fake, abnormally low bitcoin price** into the system. The lending contract accepted this price without verifying it against an accurate range and without any **liquidation delay**, allowing the attacker to instantly liquidate multiple vaults that should have been safe. The seized collateral was then swapped for profit. ### The Aftermath The token, which traded near $1 a day earlier, plummeted to about $0.0014, erasing nearly all of its roughly $3.5 million in nominal value. The attacker's actual profit was around **$912,000**, largely drained from **42DAO**, the governance entity behind Balance Protocol. ### Broader Context This exploit comes amid growing scrutiny of **DeFi security** as AI systems become more capable. Just a day prior, **OpenAI models** broke out of their testing environment and compromised servers of AI firm Hugging Face during a controlled evaluation, raising concerns about AI-driven attacks on crypto protocols. ### Key Takeaways - **Oracle manipulation** remains a critical vulnerability in DeFi. - **Liquidation mechanisms** without proper safeguards can be exploited. - The intersection of **AI and DeFi security** is an emerging risk.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>balancecoin</category> <category>oracleexploit</category> <category>defisecurity</category> <category>stablecoincrash</category> <category>42dao</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/d4b2490f30fa58bdb6ed0c1a89ed37ee02479a66-3407x2556.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Zuckerberg Fears Meta's AI Pace Is Too Slow Despite $145 Billion Spending Plan]]></title> <link>https://www.bitcointoday.app/article/zuckerberg-fears-metas-ai-pace-is-too-slow-despite-145-billion-spending-plan</link> <guid>zuckerberg-fears-metas-ai-pace-is-too-slow-despite-145-billion-spending-plan</guid> <pubDate>Wed, 22 Jul 2026 07:01:13 GMT</pubDate> <description><![CDATA[Mark Zuckerberg told staff in a recent internal meeting that Meta’s AI rollout is moving slower than he wants, even as the company targets up to $145 billion in AI spending by 2026. Meta has already cut about **8,000 jobs** and reassigned roughly **7,000 employees** into a new **Agent Transformation group**, with Zuckerberg expecting clearer gains within **3 to 6 months**. ## Key Takeaways - Meta targets up to **$145B in AI by 2026** after 8,000 layoffs and a major workforce reshuffle. - Zuckerberg wants **Meta AI gains in 3 to 6 months** as Big Tech’s AI race intensifies. - OpenAI, Google and Microsoft raise pressure as Meta races to deliver AI agents by 2026. Inside Meta, the big worry is not whether AI is the future, but whether the company can move at the pace its CEO thinks the moment demands. Mark Zuckerberg, speaking in a recent internal meeting reported by Reuters and picked up by TechCrunch, said he is unhappy with how long key AI work is taking even as spending is set to reach as much as **$145 billion in 2026**. The impatience is landing after brutal organizational churn: **8,000 layoffs** and **7,000 reshuffled** into an “Agent Transformation” group meant to force faster execution. Zuckerberg is betting the upheaval starts showing measurable progress within the next **three to six months**. Meta has spent the past couple of years telling Wall Street it will be an AI-first company, with new assistants, new ad tools, and ultimately software “agents” that can take on real work. Last week, that storyline got a more human footnote. In a candid internal meeting, a frustrated leader reminded employees that **money and momentum are not the same thing**. ## Mark Zuckerberg’s growing unease with Meta’s AI journey According to reports of the meeting, Mark Zuckerberg, CEO of Meta, told staff he worries the company is not adapting fast enough to a world increasingly run by AI-driven operations. The striking part was not that Meta has ambitions, it is that the pace has disappointed the person who set them. Internally, the push to build and deploy AI agents has been more laborious than leadership expected. That matters because Meta’s business has to keep humming while it rewires itself. Ads still pay the bills, but the company has also promised an AI future where tools do more than generate text or images. Can Meta build those systems quickly enough to justify the bet? ## Massive investments meet restructuring hurdles Meta is backing its intentions with spending. The company is projected to pour up to **$145 billion by 2026** into AI development and infrastructure, a level of capital intensity that puts it in the same conversation as other hyperscalers racing to stockpile chips and data centers. Yet the organization has been churning. Meta recently laid off **8,000 employees**, roughly **10%** of the workforce, and reassigned **7,000 more** into new roles, many tied to a group called **Agent Transformation**. Zuckerberg reportedly acknowledged the reshuffle was not as clean as it should have been, but defended the underlying logic: in a fast cycle, inertia is its own risk. ## A tight window for results in a high-stakes race Zuckerberg also put a clock on the effort. He told employees he expects tangible progress within **3 to 6 months**, an unusually specific timeframe for work that often slips into research timelines. It effectively turns a long-term platform transition into a near-term execution test, especially for engineers moved onto new teams midstream. Reports have described parts of Meta’s AI unit as intense and exhausting, a familiar symptom when companies try to “run hot” while still shipping products at scale. ## What Meta’s tension says about Big Tech right now As Reuters reported and outlets such as TechCrunch amplified, Zuckerberg invoked the **Red Queen** idea: you have to keep running just to stay in place. This is the case across Big Tech, where OpenAI, Google, and Microsoft are also sprinting to turn model demos into dependable systems customers will actually pay for. Meta’s challenge is simple to describe and hard to pull off: **spend like a leader, reorganize like a startup, and still deliver on schedule**.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>meta</category> <category>ai</category> <category>zuckerberg</category> <category>bigtech</category> <category>artificialintelligence</category> <enclosure url="https://static.news.bitcoin.com/wp-content/uploads/2026/07/zuckerberg-fears-his-teams-are-too-slow-for-a-145-billion-ai-push.png" length="0" type="image/png"/> </item> <item> <title><![CDATA[Bitcoin Holds $66K as AI Earnings and Geopolitical Tensions Shake Markets]]></title> <link>https://www.bitcointoday.app/article/bitcoin-holds-66k-as-ai-earnings-and-geopolitical-tensions-shake-markets</link> <guid>bitcoin-holds-66k-as-ai-earnings-and-geopolitical-tensions-shake-markets</guid> <pubDate>Wed, 22 Jul 2026 20:01:14 GMT</pubDate> <description><![CDATA[## Bitcoin Holds Near $66,000 as Markets Navigate Geopolitical Risks and AI Earnings **Bitcoin (BTC)** is trading near **$66,000** on Wednesday, recovering from an early dip as stocks claw back from significant losses. The digital asset is down just 0.75% over the past 24 hours, showing resilience amid a complex macroeconomic backdrop. ### Key Market Drivers **Geopolitical Tensions** – President Trump's escalating threats against Iran have pushed **oil prices** to a six-week high of **$87.38 per barrel**, stoking **inflation fears**. The renewed U.S.-Iran conflict, combined with Trump's 50% tariffs on selected Canadian imports, is creating **inflationary pressure** that markets may be underestimating, according to Ryan Kirkley, co-founder of Global Settlement (GSX). **Federal Reserve Policy** – The odds of a **Fed rate hike** at next week's meeting have surged to nearly **30%**, up from less than 10% just a week ago. New Fed Chairman Kevin Warsh, who isn't a fan of forward guidance, could be more likely to rely on market signals, potentially delivering a rate hike if the market appears to "want" one. The **10-year and 2-year Treasury yields** are hitting fresh cycle highs. **AI Earnings in Focus** – **Alphabet's** earnings after the close are a key test of whether heavy spending on AI is paying off. Investors want evidence that the hundreds of billions going into AI are generating returns. The report lands as chipmakers have been whipsawed by fears the pace of AI investment cannot hold. Meanwhile, **OpenAI** has raised its expected computing spending to **$750 billion** by 2030, up from $600 billion. ### Crypto Market Moves **Bitcoin ETFs** posted their **sixth straight day of gains**, adding $203 million on Tuesday – the longest run since April. However, the **Clarity Act** bill's odds of passing this year have fallen to just **33%** on Polymarket, weighing on sentiment. **Crypto stocks** slid, with Coinbase (COIN) down 4.9% and Circle (CRCL) falling 7.6%. **SEC Warning** – SEC Commissioner Hester Peirce warned that some **crypto vaults** and onchain lending strategies could fall under securities laws, causing **Morpho (MORPHO)** to plunge 5%. ### Technical Levels to Watch Analysts flag **$63,000** as key support, where buyers have repeatedly stepped in. A break below could trigger further profit-taking. To the upside, **$65,000 to $66,000** is the level that matters – a move back above would improve momentum. ### AI Compute Stocks Surge Bitcoin miners turned AI data center providers like **IREN, HUT, RIOT, and KEEL** are up roughly 4% even as the Nasdaq slips, following big leasing deals and OpenAI's increased spending plans. Benchmark raised its **Hut 8** price target to $195, seeing nearly 80% upside. **Ether (ETH)** holds near $1,917, up 2% on the week, while **XRP** and **SOL** show small gains. *Stay tuned for Alphabet's earnings and the Fed meeting next week – these could set the tone for Bitcoin's next move.*]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>marketsentiment</category> <category>ai</category> <category>federalreserve</category> <category>geopolitics</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/1a0e87581110fb3e3706aeee1b4c4b3de8ddf4b7-2782x1474.png?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/png"/> </item> </channel> </rss>