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<title><![CDATA[Polymarket's Annualized Revenue Skyrockets Past $1 Billion: World Cup and U.S. Launch Fuel Explosive Growth]]></title>
<link>https://www.bitcointoday.app/article/polymarkets-annualized-revenue-skyrockets-past-1-billion-world-cup-and-us-launch-fuel-explosive-growth</link>
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<pubDate>Fri, 26 Jun 2026 14:01:14 GMT</pubDate>
<description><![CDATA[Prediction market platform **Polymarket** has announced that its annualized revenue has surged well above **$1 billion**, the company shared exclusively with CNBC. This milestone comes just six weeks after the platform lifted the waitlist for its **U.S. exchange**, which operates separately from its international decentralized finance platform.
The **FIFA World Cup** has been a major catalyst, sending trading volumes soaring across prediction markets. On Polymarket's U.S. platform, daily volume jumped from around **$50 million** in mid-May to over **$200 million** on June 20. The international platform also hit all-time highs in weekly trading volume amid the World Cup boom, recovering from declines in April and May.
Polymarket's U.S. exchange launched in December, following a 2022 prohibition from operating in the country due to registration issues with regulators. In July, the CFTC and DOJ dropped investigations without charges, and Polymarket U.S. now operates as a **CFTC-regulated exchange**. The U.S. platform was waitlisted until six weeks ago, when access was opened via the mobile app; a desktop version is still unavailable.
"Polymarket is a product-led company," a spokesperson said. "We spent the last five years building the world’s largest prediction market, and understanding how people engage with markets at scale. We are applying those learnings to our U.S. platform, where our focus is on intuitive market experiences, institutional-grade liquidity and a consumer experience that sets the standard for the category."]]></description>
<author>contact@bitcointoday.app (BitcoinToday.app)</author>
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<category>revenue</category>
<category>worldcup</category>
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<title><![CDATA[86-Year-Old Woman Loses $900K in AI Crypto Scam: A Heartbreaking Cautionary Tale]]></title>
<link>https://www.bitcointoday.app/article/86-year-old-woman-loses-900k-in-ai-crypto-scam-a-heartbreaking-cautionary-tale</link>
<guid>86-year-old-woman-loses-900k-in-ai-crypto-scam-a-heartbreaking-cautionary-tale</guid>
<pubDate>Fri, 26 Jun 2026 20:01:31 GMT</pubDate>
<description><![CDATA[An 86-year-old Canadian woman has lost over **$900,000** after falling victim to a sophisticated cryptocurrency scam that used a **deepfake video** of Prime Minister Mark Carney. The scam, which originated on Facebook, highlights the growing threat of AI-powered fraud.
## The Scam Unfolds
Judy Skene, from Sault Ste. Marie, Ontario, first encountered the scam in 2025 while browsing Facebook. She saw a video of Carney promoting a crypto investment platform that promised **unusually high returns** and claimed backing from the **Bank of Canada**. “I saw an ad on Facebook of Mark Carney telling me if I invested $350 Canadian, it would be backed by the Bank of Canada,” Skene said.
Trusting the message, she clicked the link, signed up, and made an initial payment. Soon after, she received a call from someone claiming her investment had already **tripled in value**. Over the following months, she continued investing, gradually draining her life savings. She even took out a **$300,000 mortgage** on her condominium to keep investing.
On the fake platform, her account showed strong growth, but in reality, there was no real investment. By the time the scheme ended, Skene had lost more than **$900,000**. “Once I did the final payment, there was no more conversation and all my money was gone,” she said.
## The Aftermath
The impact has been severe. A family friend, Pat Probert, stepped in to support her. He said the situation became so distressing that Skene even **considered taking her own life**. Her condo fees and insurance payments were bouncing. Probert has since raised concerns about online fraud and urged people to check in on vulnerable relatives, especially seniors living alone.
## The Role of AI and Social Media
Such scams are becoming increasingly difficult to detect due to the use of **artificial intelligence** to create realistic deepfake videos featuring public figures. Mohit Rajhans, an AI expert, emphasized that responsibility should also lie with social media companies that host fraudulent advertisements. “These scams are on every different type of platform,” he said.
## A Warning to Others
Skene has spoken out to warn others about online fraud. “Just be alert and be careful with what you see on Facebook,” she said. Probert has launched a GoFundMe campaign to help her manage living expenses, noting that she had intended to leave her money to charity. “Judy was not doing this for greed; she was doing it to help others. Now she is the one needing help.”]]></description>
<author>contact@bitcointoday.app (BitcoinToday.app)</author>
<category>cryptoscam</category>
<category>deepfake</category>
<category>aifraud</category>
<category>facebookscam</category>
<category>seniorsafety</category>
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<title><![CDATA[Meta's AI Business Agents: The Hidden Catalyst That Could Send META Stock Soaring]]></title>
<link>https://www.bitcointoday.app/article/metas-ai-business-agents-the-hidden-catalyst-that-could-send-meta-stock-soaring</link>
<guid>metas-ai-business-agents-the-hidden-catalyst-that-could-send-meta-stock-soaring</guid>
<pubDate>Fri, 26 Jun 2026 07:01:31 GMT</pubDate>
<description><![CDATA[**Meta Platforms** (META) is facing a rough patch, with shares down 16% year-to-date and bulls growing frustrated. But one analyst sees a game-changing opportunity that could reignite growth: **AI-powered business agents** on WhatsApp and Messenger.
Piper Sandler analyst **Thomas Champion** reiterated his overweight rating on Meta, calling the company a top large-cap pick. He believes Meta's new **Business Agent** product—a customer support bot announced earlier this month—could unlock "the next leg of revenue growth."
The tool allows businesses to automate customer interactions using AI, and Champion sees a massive **total addressable market** of over **$75 billion**, spanning contact-center-as-a-service, customer engagement marketing, and marketing automation software.
Meta has already seen success with paid messaging on WhatsApp, generating **$2.6 billion** in "other" revenue in 2025, up from $800 million in 2022. But the new agent could extend beyond emerging markets and across Meta's entire app ecosystem.
While agent revenue may not scale until 2027, Champion argues that Meta's stock is pricing in minimal benefit, trading at just **16 times estimated 2027 earnings**. He set a price target of **800**, implying significant upside from current levels around **542**.
## The AI Spending Debate
Meta stock has fallen over 20% since its Q1 earnings report, which revealed plans to spend **$135 billion** in capital expenditures this year on AI data centers. Investors are skeptical about the timeline for returns on this massive investment.
However, Champion's analysis suggests that the Business Agent could be the catalyst that turns AI spending into tangible revenue, potentially easing bearish concerns.
*This article is for informational purposes only and does not constitute investment advice.*]]></description>
<author>contact@bitcointoday.app (BitcoinToday.app)</author>
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<title><![CDATA[Bitcoin Miners in Crisis: Revenue Plunges Below Production Costs as 20% Become Unprofitable]]></title>
<link>https://www.bitcointoday.app/article/bitcoin-miners-in-crisis-revenue-plunges-below-production-costs-as-20-become-unprofitable</link>
<guid>bitcoin-miners-in-crisis-revenue-plunges-below-production-costs-as-20-become-unprofitable</guid>
<pubDate>Thu, 25 Jun 2026 07:01:13 GMT</pubDate>
<description><![CDATA[Bitcoin miners are facing a deepening margin squeeze as **revenue has fallen below production costs** for an extended period. The 7-day moving average of miner revenue now sits near **$30 million per day**, down from over $50 million last summer. Transaction fees have nearly vanished, contributing under $250,000 daily—a rounding error compared to the block subsidy.
BTC has traded near **$62,500**, well below JPMorgan's estimated production cost of roughly **$78,000**. This gap has persisted for five consecutive months, the longest stretch this cycle. Production costs have historically served as a soft price floor, but that support has weakened.
An estimated **20% of miners are now unprofitable** at current prices. Network-level stress is evident: the beta of mining difficulty to bitcoin's price has climbed to **0.62** over the past six months, as higher-cost operators frequently power machines on and off based on price rather than mining through losses.
Difficulty fell **10% in the second week of June**, the second such decline this year, both occurring during extended periods of sub-cost pricing. Public miners have sold over **32,000 BTC** in the first quarter to cover operating costs, leaning on balance sheets rather than cutting deeper.
With the next halving still nearly two years away, the subsidy curve only moves downward. Fee revenue—the one variable miners can influence—remains near multi-year lows, leaving margin recovery almost entirely dependent on a price increase.]]></description>
<author>contact@bitcointoday.app (BitcoinToday.app)</author>
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<title><![CDATA[Dave Portnoy Throws Down the Gauntlet: 'Bitcoin Looks Like It's Going to Zero']]></title>
<link>https://www.bitcointoday.app/article/dave-portnoy-throws-down-the-gauntlet-bitcoin-looks-like-its-going-to-zero</link>
<guid>dave-portnoy-throws-down-the-gauntlet-bitcoin-looks-like-its-going-to-zero</guid>
<pubDate>Thu, 25 Jun 2026 20:01:32 GMT</pubDate>
<description><
*This article originally appeared on TheStreet.*]]></description>
<author>contact@bitcointoday.app (BitcoinToday.app)</author>
<category>daveportnoy</category>
<category>bitcoin</category>
<category>bitcoincrash</category>
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<title><![CDATA[Bitcoin's Supply in Loss Hits Record High, But Long-Term Holders Keep Calm and Carry On]]></title>
<link>https://www.bitcointoday.app/article/bitcoins-supply-in-loss-hits-record-high-but-long-term-holders-keep-calm-and-carry-on</link>
<guid>bitcoins-supply-in-loss-hits-record-high-but-long-term-holders-keep-calm-and-carry-on</guid>
<pubDate>Thu, 25 Jun 2026 14:01:12 GMT</pubDate>
<description><![CDATA[As Bitcoin dipped below $59,100 on Wednesday, the number of coins held at a loss surged to an **all-time high of 10.83 million BTC**, according to Glassnode data.
The largest cryptocurrency has repeatedly tested the $60,000 level since February, briefly falling below it several times. Four months ago, the supply in loss peaked at 9.8 million BTC, and it climbed to 10.78 million in early June.
Looking at previous bear market bottoms, around **10.5 million BTC in loss is broadly consistent** with levels seen near cycle lows in 2019, 2020, and 2022.
### Long-Term Holders Remain Unfazed
Breaking this down further, **5.58 million BTC are held at a loss by long-term holders (LTHs)** — investors who have held their coins for at least 155 days. This is the second-highest level on record, behind only March 2020, when more than 5.6 million of the cohort's bitcoin were at a loss.
Even so, long-term holders now control approximately **14.8 million BTC, another all-time high**. With roughly 20 million BTC in circulation, these investors hold close to **75% of the circulating supply**, of which 37% are in the red.
Historically, long-term holders tend to accumulate and continue holding throughout bear markets, increasing their share of the supply. During periods of peak bull-market euphoria, they typically begin selling into market strength.]]></description>
<author>contact@bitcointoday.app (BitcoinToday.app)</author>
<category>bitcoin</category>
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<category>long-termholders</category>
<category>bearmarket</category>
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<title><![CDATA[Bitcoin in Peril: $59K Next as Liquidity Vanishes and Risk-Off Takes Over]]></title>
<link>https://www.bitcointoday.app/article/bitcoin-in-peril-59k-next-as-liquidity-vanishes-and-risk-off-takes-over</link>
<guid>bitcoin-in-peril-59k-next-as-liquidity-vanishes-and-risk-off-takes-over</guid>
<pubDate>Wed, 24 Jun 2026 14:01:31 GMT</pubDate>
<description><![CDATA[## Bitcoin Drops to $62K as Gold Falls Below $4,000
Bitcoin (BTC) has fallen back to just under $62,000, modestly lower over the past 24 hours. The slide comes as **gold** has slid almost 4% today, now **below $4,000 per ounce** for the first time since November 2025. WTI crude oil has dropped to $70.20 per barrel.
## Michael Saylor's Strategy Slips Below $100
With bitcoin pulling back to just above $61,000, **Strategy (MSTR)** has dropped nearly 4% in early trading, touching as low as **$99.10** — the first time shares haven't been in triple digits since February 2024. MSTR is down more than 36% year-to-date.
## Bessent Comments Provide Modest Boost
U.S. Treasury Secretary **Scott Bessent** said he's a fan of new Fed Chair Kevin Warsh's decision to scrap forward guidance. Bessent also expects **3% or higher GDP growth** this year. Bitcoin rose about 1% alongside the remarks to $62,800.
## $30 Billion That Won't Go Into Crypto
South Korean memory chip giant **SK Hynix** has filed to raise nearly **$30 billion** by listing shares in the U.S., another example of investor dollars being scooped up by the AI boom.
## Debasement Trade Unwinds Further
Metals continue to slide alongside bitcoin. Gold is down 6% year to date and **28% below its January record high**, while silver is down 13% year to date and **50% below its January peak**.
## BlackRock Doubles Down on Bitcoin as Diversifier
BlackRock posted on X that bitcoin's role in portfolios is evolving and that a **modest allocation (typically ~1–2%)** could enhance return potential while maintaining appropriate risk tolerance.
## BTC Confirms Bear Flag Breakdown
Bitcoin fell over 2% Tuesday, confirming a **bear flag breakdown**. The euro-yen pair has fallen to its lowest since May 6, and the U.S. dollar index has climbed to 101.57 — a classic **risk-off signal**.
## Wintermute Sees Bitcoin Grinding Toward $59,000
Wintermute's OTC trading desk says options markets price a relatively tight move, with bitcoin in a **$61,242 to $63,563 range** for the next 24 hours. The backdrop is deteriorating: **token correlations are rising** and **liquidity is thinning** with no fresh institutional bid visible in ETF flows. Wintermute flagged **$59,000 as the key support** to watch.
## U.S. House Sends Housing Bill with CBDC Ban to Trump
The bill includes a **four-year ban on a Fed-issued central bank digital currency** — the first time such a provision is heading to the president's desk.
## HYPE Gets Its First Implied Volatility Index
Volmex launched a 14-day implied volatility index for Hyperliquid's native token HYPE, which has surged **143% this year** while bitcoin and ether have declined.]]></description>
<author>contact@bitcointoday.app (BitcoinToday.app)</author>
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<category>marketsentiment</category>
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<title><![CDATA[Google Earth's Secret Flight Simulator Finally Lands in Your Browser – No Download Required]]></title>
<link>https://www.bitcointoday.app/article/google-earths-secret-flight-simulator-finally-lands-in-your-browser-no-download-required</link>
<guid>google-earths-secret-flight-simulator-finally-lands-in-your-browser-no-download-required</guid>
<pubDate>Tue, 23 Jun 2026 07:01:11 GMT</pubDate>
<description><![CDATA[Google has brought Google Earth’s long-hidden flight simulator to the web, making it **playable at earth.google.com** with no installation required. Launched June 12, 2026, the experimental mode lets users **pilot a fighter jet** over the platform’s 3D satellite imagery. The feature originally appeared as a keyboard-shortcut easter egg in the 2007 desktop app.
## Key Takeaways
- Google moved Earth’s 2007 flight sim to the web June 12, 2026, with no app needed.
- Google Earth’s free 3D flights point to **heavier browser-based visual tools**.
- Google can pair Gemini with 3D maps next as AI assistants gain spatial context.
For years, one of Google Earth’s most fun tricks lived behind a keyboard shortcut, a flight sim tucked away in the 2007 desktop app like a private joke. As of 06/12/2026, it has been moved into the open, running directly at earth.google.com with **no installation required**. The experience drops you into a fighter jet and lets you skim over 3D satellite terrain using basic keyboard and mouse controls. It is experimental, a little rough around the edges, and oddly compelling once you start threading canyons and clipping city skylines.
If you have not opened Google Earth in a while, it is worth another look. On June 12, 2026, Google quietly added a browser-based flight simulator to Google Earth, letting anyone fly over **real satellite imagery and 3D terrain** without installing software. It is free, it runs on the web, and it feels like a small but telling bet on lightweight, high-fidelity experiences.
For American users, the appeal is immediate: you can skim the Rockies, trace the California coast, or thread between skylines with nothing more than a laptop and a steady hand. It is not pilot training. It is a new way to understand scale and geography, built on the same mapping stack that already powers so much everyday navigation.
## From hidden keyboard trick to a web feature
Longtime fans will recognize the idea. Google first tucked a flight simulator into the 2007 desktop version of Earth as an **Easter egg**, accessible via a keyboard shortcut. For years, the web version simply could not pull it off with the same responsiveness and 3D detail.
This update changes that. The simulator now lives directly at earth.google.com, and it leans on **modern browser graphics capabilities** rather than a downloaded app. The cockpit and instrument panel are intentionally simple, but the sense of motion comes from flying across photorealistic terrain and 3D-modeled cities that Google has been refining for years.
## How it works, and what to expect on your first flight
Getting airborne is straightforward: open Google Earth on the web, pick a place, switch into satellite imagery, and turn on 3D mode so the world is not flat. Then you launch the simulator from the tools menu and take control with your keyboard and mouse.
<iframe loading="lazy" title="Google Earth Flight Simulator Launches on Web" width="696" height="392" src="https://www.youtube.com/embed/azYGYFeEn78?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen=""></iframe>
Expect the first minute to be bumpy. Controls can feel touchy, and overcorrecting is easy, especially at speed. If you crash, the simulation pauses and offers a simple restart, which makes experimentation the point. How often do you get to “learn” a UI by careening into a mountainside?
## Why Google is doing this now
The timing fits a broader pattern: Google has been pushing more capability into the browser, while threading AI into its core products. The company’s model **Gemini** is already being woven into Maps and other services, and richer 3D interfaces give those assistants more context to work with.
There is also a business echo here. Cloud-delivered experiences, for example **Nvidia GeForce Now**, have trained consumers to expect demanding visuals without demanding hardware. Google Earth’s flight simulator is not cloud gaming, but it carries the same message: **the browser is becoming the default cockpit** for increasingly heavyweight computing.]]></description>
<author>contact@bitcointoday.app (BitcoinToday.app)</author>
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<title><![CDATA[Ethereum Foundation Restructures: 54 Staff Cut in Bold Move to Focus on Core Mission]]></title>
<link>https://www.bitcointoday.app/article/ethereum-foundation-restructures-54-staff-cut-in-bold-move-to-focus-on-core-mission</link>
<guid>ethereum-foundation-restructures-54-staff-cut-in-bold-move-to-focus-on-core-mission</guid>
<pubDate>Tue, 23 Jun 2026 14:01:12 GMT</pubDate>
<description><![CDATA[The **Ethereum Foundation (EF)** has announced a major restructuring, cutting **54 roles** (about 20% of its workforce) as part of implementing its new Mandate and Treasury Management Policy. The reorganization creates a leaner, more focused EF with **five core clusters**: Protocol Layer, Access Layer, User Layer, Community Layer, and Institutional Layer, plus operations and management teams.
### The New Structure
- **Protocol Layer**: Focuses on hardening and scaling Ethereum's core protocol, ensuring **censorship resistance**, **privacy**, and **security** remain non-negotiable. Key areas include shipping safe forks, reducing complexity, minimizing trusted dependencies, combating toxic MEV, and advancing long-term research like post-quantum security, zkEVM, and L1 privacy.
- **Access Layer**: Aims to make self-sovereignty accessible through verifiable, intermediary-free paths for reading the chain, transacting, proving, delegating, and exiting. The "zero option" principle ensures credible alternatives exist for every intermediated path.
- **User Layer**: Grounds EF work in real user needs, personas, and use-case research to ensure Protocol and Access Layer decisions are shaped by actual constraints and measures of self-sovereignty.
- **Community Layer**: Manages EF's external presence, differentiating it from zero-sum or corpo-compromised crypto, and builds alliances with free/open-source software, privacy advocacy, and civil liberty groups.
- **Institutional Layer**: Engages with financial institutions, enterprises, governments, and nonprofits to create showcases of Ethereum integration that maximize CROPS properties (censorship resistance, openness, privacy, security). Also handles policy and regulatory engagement.
### Support for Departing Staff
The EF is offering a severance package (higher of one month's pay per year worked or local legal minimum) plus transition support, including help finding new roles in the ecosystem and a small grant for career coaching.
### What's Next
The EF emerges **leaner and more focused**, with plans to share more details in the coming weeks about how the new structure will engage with the ecosystem.]]></description>
<author>contact@bitcointoday.app (BitcoinToday.app)</author>
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<title><![CDATA[AMD Stock Dips Despite Supercomputer Milestones: What's Next for the Chipmaker?]]></title>
<link>https://www.bitcointoday.app/article/amd-stock-dips-despite-supercomputer-milestones-whats-next-for-the-chipmaker</link>
<guid>amd-stock-dips-despite-supercomputer-milestones-whats-next-for-the-chipmaker</guid>
<pubDate>Tue, 23 Jun 2026 20:01:13 GMT</pubDate>
<description><![CDATA[**AMD** (Advanced Micro Devices) saw its stock slide on Tuesday, even as the company highlighted its technology powering some of the world's most advanced supercomputers. The dip comes amid broader market concerns, but the chipmaker's long-term prospects remain strong.
## Supercomputer Achievements
AMD's processors and GPUs are now used in several top-tier supercomputers, including the **Frontier** at Oak Ridge National Laboratory, which is currently the fastest supercomputer in the world. This demonstrates AMD's growing influence in high-performance computing (HPC), a sector traditionally dominated by Intel and NVIDIA.
## Market Reaction
Despite these achievements, AMD shares fell by over 2% in early trading. Analysts attribute the decline to profit-taking and broader market volatility, rather than any fundamental issues with the company. AMD's stock has surged over 50% in the past year, driven by its success in both the CPU and GPU markets.
## What This Means for Investors
While short-term fluctuations are normal, AMD's position in the supercomputing space underscores its technological prowess. The company is also making strides in the AI chip market, competing with NVIDIA's dominance. For long-term investors, this dip could be a buying opportunity.
## Key Takeaways
- AMD's technology is powering the world's fastest supercomputer, Frontier.
- Stock dip is likely due to market volatility, not company performance.
- AMD is well-positioned in HPC and AI markets, offering growth potential.]]></description>
<author>contact@bitcointoday.app (BitcoinToday.app)</author>
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<title><![CDATA[Bitcoin Holds Strong at $65K Amid Iran Deal Uncertainty and Market Jitters]]></title>
<link>https://www.bitcointoday.app/article/bitcoin-holds-strong-at-65k-amid-iran-deal-uncertainty-and-market-jitters</link>
<guid>bitcoin-holds-strong-at-65k-amid-iran-deal-uncertainty-and-market-jitters</guid>
<pubDate>Mon, 22 Jun 2026 20:01:11 GMT</pubDate>
<description><![CDATA[Bitcoin rose to $65,000 Monday morning, recovering part of Friday’s drop below $63,000 but finishing roughly flat on the week. Other crypto majors held steady alongside it: ETH +1% to $1,750, Solana +1% to $73, and Hyperliquid’s HYPE flat at $68.
Fairly uneventful price action, but maybe that’s a win in a week that saw **Strategy's STRC fall to record lows of $83**, the **ETFs saw $227M in net outflows**, and the **Fear and Greed Index spending the entire week squarely in the Fear zone**.
### Macro Drivers
The Iran War ceasefire saw a setback. Permanent U.S.-Iran ceasefire talks opened in Switzerland after the deal was signed Friday, a deal that sent oil down 9%. Then Iran ordered the **Strait of Hormuz closed again** over the weekend, reviving the exact supply risk the agreement was meant to remove. Add the hawkish Warsh Fed and the STRC selloff from last week, and Bitcoin/crypto is certainly in a precarious position to start the week.
For now, **Bitcoin is consolidating rather than trending**, holding above the low $60,000s but unable to reclaim the week’s highs. Until the Iran picture and the Fed path clear up, the range likely holds.
### CME Sues the CFTC
**CME Group** filed a lawsuit against the CFTC on Thursday, asking a court to vacate the agency’s approval of Kalshi’s perpetual futures. CME argues that perpetual futures are actually **swaps under Dodd-Frank** rather than futures, a distinction that would subject them to different and stricter rules. The case matters because if CME wins, the approvals for regulated US perps could be reopened, making it one of the bigger market-structure fights of the year.
### Other Key Headlines
- **Franklin Templeton** filed for ETFs that reinvest US stock dividends into Bitcoin, a novel structure funneling dividend income into Bitcoin accumulation.
- **Charles Schwab** plans to introduce prediction markets with Cboe for wagering on the S&P 500's performance.
- The **Federal Reserve** proposed customer identification rules for stablecoin issuers.
- **Jaredfromsubway.eth**, Ethereum's most notorious MEV sandwich bot, was drained of more than $7.5 million in an ironic exploit.
### Market Overview
- **Crypto majors mixed**: BTC +1% at $65k; ETH +2% at $1,750; SOL -1% at $73.50; HYPE even at $68.25.
- **DEXE (+26%)**, ENA (+5%), and OKB (+6%) led top movers.
- **Oil** +1% at $77; Gold -0.5% at $4,225.
- **Stock futures** flat.
### ETF & Treasury Flows
- **Bitcoin ETFs** saw $6.35B in net outflows over the past 30 days, including $227M last week; ETH ETFs saw $10M in outflows.
- **HYPE ETFs** saw no net inflows on Thursday.
### Meme Coin Tracker
- Meme leaders mostly green: DOGE +1%, SHIB +1%, PEPE +1%, PENGU -1%, TRUMP +1%, BONK +1%, SPX +3%, FARTCOIN +5%.
- **Solangeles (+180%)**, three (+30%), and GTAVI (+65%) led movers on Solana.
### Token, Airdrop & Protocol Tracker
- **Pump Fun’s new bounty feature** covered by NY Post for leading to people humiliating themselves for money.
- **Charles Schwab** plans prediction markets with Cboe.
### NFTs
- NFT leaders mostly red: Punks -7.5% at 31 ETH, BAYC -3% at 9.2 ETH, Pudgy +6% at 4.8 ETH; Hypurr’s -2% at 227 HYPE.
- **Trolls (+12%) and Axie (+8%)** led top movers.]]></description>
<author>contact@bitcointoday.app (BitcoinToday.app)</author>
<category>bitcoin</category>
<category>cme</category>
<category>cftc</category>
<category>irandeal</category>
<category>etfoutflows</category>
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<title><![CDATA[Satoshi's 16-Year-Old Quote Still Resonates: Millions of Bitcoin Are Lost Forever]]></title>
<link>https://www.bitcointoday.app/article/satoshis-16-year-old-quote-still-resonates-millions-of-bitcoin-are-lost-forever</link>
<guid>satoshis-16-year-old-quote-still-resonates-millions-of-bitcoin-are-lost-forever</guid>
<pubDate>Mon, 22 Jun 2026 07:01:10 GMT</pubDate>
<description><
BitMEX Research later argued that the figure runs too high, putting the number closer to **700,000 to 750,000 BTC**. Whale Alert, as reported by Bitcoin.com News, pushed the estimate the other direction, to **1,125,150 BTC** across the first 54,316 blocks.
Whether analysts count that stash as lost, dormant, or simply unattributed swings the total lost-coin estimate by hundreds of thousands of BTC.
## Self-Custody and Exchange Failures
River’s 2025 custody report estimates **1.57 million BTC permanently lost through self-custody**, with 98% of those losses occurring before 2020. River also notes more than 3 million BTC lost or lost through exchanges overall, though it cautions that public lawsuits and bankruptcies only support low-end estimates.
You might ask yourself how coins can be lost through self-custody. In reality, there are several ways this can occur. For example, a person may install a new Bitcoin wallet and neglect to back up the seed phrase tied to the funds. If that individual’s phone is later wiped, access to the BTC held in the wallet could be lost permanently.
**Self-custodial wallet providers do not possess these seed phrases**, meaning the responsibility for safeguarding the mnemonic phrase rests entirely with the user.

Mt Gox’s roughly **740,000 BTC loss** illustrates the problem. Some of those coins were later recovered and are now moving through a rehabilitation distribution plan, meaning the original loss figure no longer represents permanent destruction.
One of the most well-known examples of loss involves Welsh IT engineer **James Howells**, who accidentally discarded a laptop hard drive containing the private keys to **7,000 to 8,000 Bitcoin**. The drive ended up in the Docksway landfill in Newport, Wales, where it has remained buried beneath hundreds of thousands of tons of waste.
Over the years, Howells assembled a team of specialists and obtained financial backing for an excavation effort, but Newport City Council repeatedly denied permission, citing risks associated with methane gas, asbestos, and toxic leachate. In January 2025, the High Court dismissed his legal challenge, ruling that the case had no realistic prospect of success. At current prices, Howells’ lost cache is valued at nearly **half a billion U.S. dollars**.
## What This Means for Traders
For anyone holding Bitcoin, the dormancy data reinforces a **scarcity case that goes beyond the 21 million hard cap**. If even the conservative 2.7 million BTC figure holds, effective circulating supply runs meaningfully below headline numbers, a detail long-term holders may find more relevant than short-term price swings.
The debate is unlikely to be resolved soon. Burn-address proof remains tiny. Dormancy metrics remain probabilistic. And the Patoshi-era coins, whoever controls them, remain untouched. Many believe Nakamoto’s coins will never move, but that remains a matter of opinion rather than an established fact.]]></description>
<author>contact@bitcointoday.app (BitcoinToday.app)</author>
<category>bitcoin</category>
<category>lostcoins</category>
<category>satoshi</category>
<category>scarcity</category>
<category>marketsentiment</category>
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