<?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>Thu, 28 May 2026 05:12:48 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[Sam Altman Admits He Was Wrong: AI Job Apocalypse Delayed as Studies Show Minimal Impact]]></title> <link>https://www.bitcointoday.app/article/sam-altman-admits-he-was-wrong-ai-job-apocalypse-delayed-as-studies-show-minimal-impact</link> <guid>sam-altman-admits-he-was-wrong-ai-job-apocalypse-delayed-as-studies-show-minimal-impact</guid> <pubDate>Wed, 27 May 2026 20:01:23 GMT</pubDate> <description><![CDATA[In a surprising reversal, OpenAI CEO **Sam Altman** now acknowledges that his dire warnings about AI-driven job losses were premature. Recent studies from the **Yale Budget Lab**, **Brookings Institution**, and **Anthropic** reveal that generative AI has caused **limited labor disruption** so far, even as adoption rises. ## Key Takeaways - **Sam Altman** said in a May 2026 interview that fears of mass AI layoffs were overstated. - Brookings and Yale Budget Lab found **minimal labor-market effects** from AI through 2026. - Anthropic warned of a gap between AI’s theoretical capabilities and actual deployment, slowing workforce replacement. ## Sam Altman Revises His Stance on AI and Employment Altman, who once singled out entry-level white-collar roles as vulnerable, now says the "employment apocalypse" he feared has not materialized. He acknowledged that current evidence does not support a sweeping labor-market shock. ## Studies Suggest Minimal Job Disruptions So Far Research paints a calmer picture than early alarm. The **Brookings Institution** and **Yale Budget Lab** report limited effects from generative AI, while Anthropic describes hurdles like **process design, compliance, and accuracy requirements** that slow real-world substitution. ## The Rise of ‘AI Washing’ in Corporate Layoffs Altman also called out **"AI washing"** — companies blaming layoffs on AI when cuts were already planned for other reasons. Critics argue this practice muddies the debate about automation and risks masking issues like **debt loads, slowing demand, or post-merger integrations**. ## OpenAI’s ChatGPT and Its Ripple Effects Since ChatGPT’s launch in late 2022, AI trials have accelerated in **customer support, coding, and marketing**. Altman’s updated view suggests a slower grind: **augmentation is spreading**, but full task replacement remains selective, depending on data access, security reviews, and integration with tools from Microsoft and others. ## Growing Calls for Safeguards in the AI Era Even with modest disruption so far, the long arc remains unclear. Think tanks and global figures like **Pope Francis** are calling for **guardrails**: training, worker transition support, and transparency on AI use. Altman’s message lands in the middle ground: AI is reshaping workflows, but mass displacement has not arrived, and policy work should move in tandem with deployment.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>ai</category> <category>jobmarket</category> <category>openai</category> <category>samaltman</category> <category>automation</category> <enclosure url="https://static.news.bitcoin.com/wp-content/uploads/2026/05/sam-altman-reverses-course-on-ai-job-losses-as-studies-show-limited-impact-so-far.png" length="0" type="image/png"/> </item> <item> <title><![CDATA[Trump Vows to Protect Crypto and Boost Prediction Markets: A New Era for Digital Assets?]]></title> <link>https://www.bitcointoday.app/article/trump-vows-to-protect-crypto-and-boost-prediction-markets-a-new-era-for-digital-assets</link> <guid>trump-vows-to-protect-crypto-and-boost-prediction-markets-a-new-era-for-digital-assets</guid> <pubDate>Wed, 27 May 2026 07:01:08 GMT</pubDate> <description><![CDATA[President Donald Trump has reaffirmed his commitment to the cryptocurrency industry and prediction markets, emphasizing the need for federal oversight to maintain U.S. leadership in these sectors. ## Trump's Stance on Prediction Markets In a post on Truth Social, Trump stressed the importance of establishing the **Commodity Futures Trading Commission's (CFTC) exclusive authority** over prediction markets, stating, "It is critically important that the CFTC’s exclusive authority over Prediction Markets is maintained, and that they will thrive." He added that under his leadership, the U.S. is setting "rules of the road" that are the **Gold Standard** for the states. ## Crypto Capital of the World Trump also vowed to protect the cryptocurrency industry, declaring that the U.S. is currently the **"Crypto (Bitcoin, etc.) Capital of the World"** but faces competition from other countries. He promised not to let that happen, signaling strong support for digital assets. ## Background and Controversy Trump's comments follow a New York Times investigation revealing that the CFTC has advanced prediction markets while softening regulatory enforcement of digital currencies. Trump and his family have financial ties to both prediction markets and crypto ventures, including **World Liberty Financial**. His eldest son, Donald Trump Jr., has ties to major platforms like **Kalshi** and **Polymarket**. ## The Regulatory Debate The future of prediction markets hinges on who has jurisdiction: the federal government or states. Trump and the CFTC argue for federal regulation, while some states, like Minnesota under Gov. Tim Walz, have moved to ban or regulate them as gambling. Trump called out Walz and New York Attorney General Letitia James, who sued crypto firms Coinbase and Gemini over their prediction market platforms. This ongoing battle will shape the landscape for both prediction markets and cryptocurrencies in the U.S.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>cryptocurrency</category> <category>predictionmarkets</category> <category>cftc</category> <category>regulation</category> <enclosure url="https://media-cldnry.s-nbcnews.com/image/upload/t_nbcnews-fp-1200-630,f_auto,q_auto:best/rockcms/2026-05/260526-president-trump-vsb-1747-4c5695.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Bitcoin Slips Near $75K as Investors Flock to AI Mega-IPOs – What’s Next?]]></title> <link>https://www.bitcointoday.app/article/bitcoin-slips-near-75k-as-investors-flock-to-ai-mega-ipos-whats-next</link> <guid>bitcoin-slips-near-75k-as-investors-flock-to-ai-mega-ipos-whats-next</guid> <pubDate>Wed, 27 May 2026 14:01:08 GMT</pubDate> <description><![CDATA[**Bitcoin** is under pressure, slipping back near **$75,000** as capital rotates out of crypto and into **memory chip stocks** and upcoming **AI mega-IPOs**. The crypto market is settling into a state of apathy, with investors turning elsewhere for gains. ## The Shift in Capital Memory chip stocks like **SK Hynix** and **Micron** are attracting significant attention, joining the trillion-dollar club. Meanwhile, the excitement around **AI** is drawing capital away from digital assets. ## Michael Burry’s Perspective Famed investor **Michael Burry** highlighted that the upcoming IPOs of **SpaceX, Anthropic, and OpenAI** are set to raise as much or more than the **300 internet and TMT IPOs** did in 2000, adjusted for inflation. In 2000, there were 446 IPOs raising $108.15 billion; in 1999, 537 IPOs raised $95.33 billion. Today, **SpaceX alone** is expected to raise upwards of **$80 billion** in its public offering next month. ## What This Means for Bitcoin As capital flows into AI and tech stocks, **Bitcoin** faces headwinds. The market sentiment is turning **bearish** in the short term, with investors seeking higher growth opportunities elsewhere. However, the long-term outlook for Bitcoin remains tied to its fundamentals and adoption.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>ai</category> <category>ipo</category> <category>marketsentiment</category> <category>capitalrotation</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/37142d11ae8dd55fcf968b7f4205ddbc2488d795-7250x4832.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Putin's Bold Move: Russia Dumps Gold, Embraces XRP for Sanctions-Proof Trade]]></title> <link>https://www.bitcointoday.app/article/putins-bold-move-russia-dumps-gold-embraces-xrp-for-sanctions-proof-trade</link> <guid>putins-bold-move-russia-dumps-gold-embraces-xrp-for-sanctions-proof-trade</guid> <pubDate>Tue, 26 May 2026 20:01:08 GMT</pubDate> <description><![CDATA[Russia spent over a decade deliberately building one of the world's largest sovereign gold reserves. Starting in 2007, Moscow forced domestic gold producers to sell directly to the Central Bank, accumulating bullion as a **sanctions-proof financial buffer**. By the time the Ukraine war started in February 2022, those reserves were near peak levels. Four years later, the Russian government is **selling that same gold at record pace**, while the Moscow Exchange (MOEX) has listed **XRP futures** and is racing toward a July 1 crypto legal deadline. ## Russia's Gold Holdings Drop to 73.9 Million Ounces The Bank of Russia reduced its gold holdings by roughly 900,000 ounces in the first four months of 2026, bringing total reserves to approximately 73.8 million ounces, the **lowest level since early 2022**. According to analysts at BNE IntelliNews, Russia may sell as much as **$15 billion worth of gold in 2026**, following estimated sales of up to $30 billion in 2025. "The scale of gold sales suggests that reserve depletion is accelerating under sanctions," one economist warned. ## MOEX Goes Live With XRP Futures Starting May 13, 2026, MOEX began publishing four new cryptocurrency indices: **MOEXSOL, MOEXXRP, MOEXTRX,** and **MOEXBNB**. XRP futures contracts followed on May 14, with June, July, and August 2026 expiries available exclusively to qualified investors. Maria Patrikeeva, Managing Director of the Derivatives Market at Moscow Exchange, stated: "We provide Russian investors with access to the largest cryptocurrencies without the need to access foreign exchanges and bear infrastructure risks." Over **62,000 derivatives market clients** had already traded crypto contracts on MOEX before XRP launched. ## The Real Problem: How Russia Settles Oil Payments Russia continues exporting significant oil volumes to China and India. A Carnegie analysis found that Russian banks held **$68.7 billion in yuan** in 2023, yet Russia-China trade in 2025 slipped to $228.1 billion, marking the first annual decline in five years. **Crypto-facilitated international trade** from Russia reached approximately **1 trillion rubles ($11 billion)** in 2025. XRP's architecture, with transactions settling in seconds without SWIFT or correspondent banking, directly fills that gap. ## Russia's July 1 Crypto Deadline: XRP Gets a Regulated Home Russia's comprehensive crypto legislation passed its first reading in April 2026, with key provisions expected from **July 1**. Under the proposed rules, individuals can buy and sell crypto through licensed brokers, exchanges, and trustees. The framework caps non-qualified investors at 300,000 rubles ($4,000) annually while granting qualified investors unrestricted access. Crypto payments for domestic goods remain banned, but **digital assets in foreign trade settlements are explicitly in scope**. Russia is not replacing gold with XRP. But it is **selling gold to cover costs** that its blocked access to Western finance can no longer absorb, while simultaneously building regulated digital asset infrastructure with **XRP at the center** of it.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>russia</category> <category>xrp</category> <category>gold</category> <category>sanctions</category> <category>moex</category> <enclosure url="https://www.disruptionbanking.com/wp-content/uploads/2026/05/Why-Putin-Is-Turning-to-XRP-as-Russias-Gold-Reserves-Hit-a-Four-Year-Low-2-2.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Whale Opens Massive $100M ETH Short at 23x Leverage – Liquidation Just 2% Away]]></title> <link>https://www.bitcointoday.app/article/whale-opens-massive-100m-eth-short-at-23x-leverage-liquidation-just-2-away</link> <guid>whale-opens-massive-100m-eth-short-at-23x-leverage-liquidation-just-2-away</guid> <pubDate>Mon, 25 May 2026 20:01:09 GMT</pubDate> <description>< Large leveraged short positions have become quite recurrent on Hyperliquid, with a trader most recently **booking $7.5 million in profits** across ZEC and HYPE longs on the platform before opening a $38.6 million ETH long at 25x leverage. The pattern is part of a larger, overarching concentration of **nine-figure leveraged activity** on Hyperliquid, with the platform having already processed over **$176 billion in 30-day trading volume** (with open interest exceeding $8 billion heading into late May). Not only that, its revenue for the past 12 months has crossed **$896 million**, and institutional players have increasingly used it for positions of this scale precisely because the onchain settlement removes counterparty risk. Lastly, with Ether trading in the $2,050–$2,150 range all through May, if the asset is able to push above **$2,149.84** before the trader adds margin (or manually reduces the position), the **liquidation** will be automatic, thus adding the full 47,604 ETH back to available market supply in a single event. The identity of wallet 0x50b3 has not been established.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>ethereum</category> <category>hyperliquid</category> <category>leverage</category> <category>short</category> <category>whale</category> <enclosure url="https://static.news.bitcoin.com/wp-content/uploads/2026/05/trader-opens-100m-eth-short-at-23x-leverage-on-hyperliquid-with-liquidation-just-2-away.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Is Cardano a Bargain or a Trap? Why $0.25 Might Still Be Too Expensive]]></title> <link>https://www.bitcointoday.app/article/is-cardano-a-bargain-or-a-trap-why-025-might-still-be-too-expensive</link> <guid>is-cardano-a-bargain-or-a-trap-why-025-might-still-be-too-expensive</guid> <pubDate>Mon, 25 May 2026 07:01:26 GMT</pubDate> <description>< Cardano currently ranks **28th in total value locked (TVL)**, a key metric for determining overall DeFi strength. Even upstart Layer-1 blockchain networks, such as **Aptos** and **Sui**, now rank higher than Cardano. In short, Cardano is fading fast as a potential Ethereum rival. ## Where are the ETFs? Another problem is that Cardano, despite recent efforts to boost activity on its blockchain, has never been able to win over institutional investors. Case in point: there are still **no spot Cardano ETFs**. **Bitcoin** has spot ETFs. Ethereum has spot ETFs. Solana has spot ETFs. **XRP** has spot ETFs. Even **Dogecoin** has spot ETFs. So why has Cardano missed out on this opportunity? One possible explanation is that the demand simply does not exist. Institutional investors aren't clamoring for them, so Wall Street investment firms are not rushing to get them out the door. Without a steady influx of institutional investor capital into new spot ETFs, Cardano has little to no chance of pushing higher. ## Is Cardano a value trap? The only possible conclusion is that Cardano is a **value trap**. Yes, it looks cheap, but there are so many underlying problems that even a price of $0.25 may be too high. Admittedly, things could change quickly for Cardano. A new strategic framework for 2030 is focused on building up activity on the Cardano blockchain, and that's good news for Cardano's DeFi metrics. Moreover, several Cardano ETF applications are in the regulatory pipeline and could be approved by the end of 2026. But at the end of the day, there's a good reason Cardano is trading at a 90% discount to its all-time high from 2021. As tempting as it might be to reach into the bargain bin and buy some Cardano right now, the prudent choice is to look for better value elsewhere.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>cardano</category> <category>ada</category> <category>valuetrap</category> <category>cryptoinvesting</category> <category>marketsentiment</category> <enclosure url="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F870410%2Fanxious-investor-with-smartphone.jpg&w=1200&op=resize" length="0" type="image//image/"/> </item> <item> <title><![CDATA[Bitcoin Breakout Alert: Analyst Says BTC Is Poised to Surpass Stocks, Bonds, and Gold]]></title> <link>https://www.bitcointoday.app/article/bitcoin-breakout-alert-analyst-says-btc-is-poised-to-surpass-stocks-bonds-and-gold</link> <guid>bitcoin-breakout-alert-analyst-says-btc-is-poised-to-surpass-stocks-bonds-and-gold</guid> <pubDate>Sun, 24 May 2026 14:01:10 GMT</pubDate> <description><![CDATA[Bitcoin may be entering a new period of **outperformance** against traditional assets as inflation pressures persist and bond markets weaken, according to Risk Dimensions chief investment officer **Mark Connors**. Connors, who spent years as the global head of portfolio management at Credit Suisse, said bitcoin recently broke out of what had been its **longest stretch of underperformance** against the S&P 500 in history, a 142-day period that ended in early May. > "I think bitcoin’s underperformance versus markets is over. It’s in the consolidation phase that has shifted into an outperformance phase." The shift comes as investors grapple with **stubborn inflation**, rising oil prices and uncertainty around interest rates. Connors argued that bonds, traditionally viewed as defensive assets, are increasingly under pressure as markets adjust to a **"higher-for-longer"** rate environment. > "Bitcoin, as it always does, takes it on the chin early, but then it always comes out first," he said, adding that bitcoin could continue outperforming both equities and fixed income "as we grind through the straits of poor news and oil persistently being high." Connors tied much of the current macro environment to persistent geopolitical tensions and elevated energy prices. Oil has remained structurally high this year, fueling inflation concerns while forcing markets to look toward technology and productivity gains as a counterweight. He argued that **AI and blockchain** are becoming increasingly linked as businesses look for decentralized systems to support machine-driven transactions and automation. > "The only way to punch through that inflationary pressure is through technology." He also pointed to shifting investor preferences between gold and bitcoin. Connors compared the current environment to 2020, when gold initially outperformed during the early stages of the pandemic before bitcoin began a strong resurgence. > "Gold has had its run. Bitcoin is now on its resurgence."]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>marketoutperformance</category> <category>inflation</category> <category>goldvsbitcoin</category> <category>aiandblockchain</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/4f8f6d1e4c3c206e95b1ee4a8c8f73a1353d044a-3656x1928.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[AI Accelerates Quantum Threat: Crypto Security Experts Warn of Imminent Danger]]></title> <link>https://www.bitcointoday.app/article/ai-accelerates-quantum-threat-crypto-security-experts-warn-of-imminent-danger</link> <guid>ai-accelerates-quantum-threat-crypto-security-experts-warn-of-imminent-danger</guid> <pubDate>Sun, 24 May 2026 20:01:26 GMT</pubDate> <description><![CDATA[The crypto industry has long debated whether quantum computing poses an existential threat to blockchains like Bitcoin and Ethereum. Now, researchers and builders believe **artificial intelligence** may be accelerating that timeline, forcing a broader rethink of digital security. ## The Convergence of AI and Quantum Computing Leaders in post-quantum cryptography and blockchain security describe a rapidly changing landscape where AI is simultaneously a weapon for attackers, a defensive tool for developers, and an accelerator of quantum computing research. > "The security landscape of the future is going to be different," said Alex Pruden, CEO of Project Eleven. "Between quantum and AI, we're going to go into a world where security... you simply cannot count on the way you've always done things." **AI is already being used to optimize quantum error correction**, one of the field's biggest engineering bottlenecks. Illia Polosukhin, co-founder of NEAR Protocol, noted that AI has been accelerating scientific discovery for years and that "the rate of research is going to accelerate from here." ## The 'Harvest Now, Decrypt Later' Threat Governments and sophisticated actors are already collecting encrypted internet traffic today, expecting future quantum computers to decrypt it. Polosukhin warns: "If I know quantum computers are coming in a couple of years, I will start trying to capture all possible data... Everything we're putting on the internet... you can assume will be decrypted in two years." ## Implications for Crypto Most blockchain networks rely on elliptic curve cryptography. A sufficiently powerful quantum computer could derive private keys from public keys, compromising wallets and systems. The combination of quantum and AI creates a **permanent security arms race**, where AI finds vulnerabilities and breaks cryptography, while also helping with formal verification of post-quantum systems. ## Preparing for the Quantum Future Several ecosystems—including **Ethereum, Zcash, Solana, Ripple, and NEAR**—are actively researching or implementing post-quantum migration strategies. NEAR recently announced plans to integrate post-quantum cryptography into its account infrastructure, allowing users to rotate cryptographic schemes without migrating assets. However, the transition remains technically difficult. Post-quantum cryptographic systems are often significantly larger and slower than current standards. ## The Bottom Line Both AI and quantum computing are undermining the foundational assumption that encryption remains reliable for long periods. Security may increasingly become an adaptive, continuously evolving process, where systems must constantly upgrade just to survive.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>quantumcomputing</category> <category>artificialintelligence</category> <category>blockchainsecurity</category> <category>post-quantumcryptography</category> <category>bitcoin</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/8caf5bf2426a0c13deda3f4b9b88b574b91c1a55-5493x3662.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Bitcoin Plunges to $74,300 as $2.26 Billion Flees Spot ETFs in Two Weeks]]></title> <link>https://www.bitcointoday.app/article/bitcoin-plunges-to-74-300-as-226-billion-flees-spot-etfs-in-two-weeks</link> <guid>bitcoin-plunges-to-74-300-as-226-billion-flees-spot-etfs-in-two-weeks</guid> <pubDate>Sat, 23 May 2026 14:01:10 GMT</pubDate> <description><![CDATA[Bitcoin is rapidly losing ground as investors pull out billions of dollars from U.S.-listed spot ETFs. The world's largest cryptocurrency fell to **$74,305** early Saturday, its lowest level since April 20, according to CoinDesk data. As of writing, BTC was down more than 3% over the past 24 hours and approximately **10% below its recent high** of over $82,500 reached on May 6. The sell-off accompanies a notable upswing in **U.S. Treasury yields** and parallel increases in government bond yields across developed markets, which are reducing appetite for high-risk, zero-yielding assets like bitcoin. ## Massive ETF Outflows Investors withdrew **$1.26 billion** from U.S. spot Bitcoin ETFs this week, the largest single-week outflow since January, following roughly $1 billion in outflows the previous week. In total, the funds have seen **more than $2.26 billion** in redemptions over the past two weeks. ## Capital Rotates to Commodities and Pre-IPO Bets Meanwhile, commodities such as oil, copper, and sulfur are seeing strong flows of speculative money as markets continue to price in potential supply disruptions through the Strait of Hormuz due to the Iran conflict. One theory also points to capital being redirected toward **SpaceX's anticipated IPO**, with several blockchain-based pre-market derivatives tied to the event already seeing millions in trading volume on blockchain-based platforms.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>etfs</category> <category>marketcrash</category> <category>macro</category> <category>crypto</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/e2b250769dc24dc65d4b356ebe19b24e3646ea3c-2914x1089.png?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/png"/> </item> </channel> </rss>