<?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, 13 Aug 2026 19:18:48 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[Bitcoin Holds $63K as AI Stocks Soar: CPI Meets Estimates, Metaplanet's $1.4B Loss Isn't a Sale]]></title> <link>https://www.bitcointoday.app/article/bitcoin-holds-63k-as-ai-stocks-soar-cpi-meets-estimates-metaplanets-14b-loss-isnt-a-sale</link> <guid>bitcoin-holds-63k-as-ai-stocks-soar-cpi-meets-estimates-metaplanets-14b-loss-isnt-a-sale</guid> <pubDate>Thu, 13 Aug 2026 07:01:14 GMT</pubDate> <description><![CDATA[## Bitcoin Stuck in a Range as Inflation Data Matches Expectations Bitcoin (BTC) traded around $63,400 on Wednesday, little changed over the past 24 hours, as the latest U.S. inflation data met expectations, failing to provide a catalyst for a breakout from its tight trading range. The cryptocurrency has been stuck between $62,000 and $66,000 for the past five weeks. The July **CPI report** showed headline inflation at 3.4% annually, in line with forecasts, while core CPI rose 2.5% year-over-year. The data took an immediate inflation shock off the table but didn't offer much fuel for a rally. As Ryan Lee, chief analyst at Bitget Research, put it, the print "neither forces a hawkish re-pricing nor delivers a clear dovish catalyst." ## AI Infrastructure Stocks Surge on Strong Q2 Earnings While bitcoin remained subdued, **AI infrastructure stocks** stole the spotlight. **Dell Technologies** surged 9.7% to a record closing high of $484, while **Nebius** extended its rally to 35% and **CoreWeave** held onto a roughly 20% daily gain. The S&P 500 gained 0.3% to finish near record highs, and the tech-heavy Nasdaq advanced 0.7%. Strong earnings from **WhiteFiber** and **Nebius** also boosted sentiment. WhiteFiber's revenue rose 54% to $28.8 million, while Nebius saw revenue surge 454% to $582.3 million, with adjusted EBITDA swinging to $236.2 million. ## Tokenization Stocks Rise Ahead of SEC Meeting Stocks tied to tokenization, such as **Figure Technology Solutions** and **Securitize**, gained ahead of their quarterly results and a potentially important SEC meeting on Friday. The SEC is expected to propose its first formal rules for crypto businesses, possibly including an "innovation exemption" for trading tokenized securities. ## Metaplanet's Bitcoin Transfer: Not a Sale Blockchain data shows that **Metaplanet** moved 3,881 BTC (worth about $247 million) between wallets it controls, not to an exchange, so the transfer isn't a sale despite the company's $1.4 billion paper loss. Metaplanet bought its roughly 43,000 BTC at an average of about $96,000, and with bitcoin near $63,600, it's sitting on an unrealized loss of about 34%. ## Market Outlook: Fed's Next Move Is a Coin Toss Market sentiment is lukewarm heading into the inflation data, with the odds of a September Fed rate hike close to 50/50. A hot core CPI print would lift hike odds and weigh on equities, while a soft one would cut them, especially after last week's weak jobs report. Analysts point to Thursday's PPI report as the next test for inflation.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>cpi</category> <category>aistocks</category> <category>metaplanet</category> <category>sec</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/0e89c972170359616d653de89e6701bec587d964-2028x1104.png?auto=format&fit=crop&crop=focalpoint&w=1920&h=1080&q=75" length="0" type="image/png"/> </item> <item> <title><![CDATA[XRP Bridge Drained of $202K After Critical Software Flaw Goes Undetected]]></title> <link>https://www.bitcointoday.app/article/xrp-bridge-drained-of-202k-after-critical-software-flaw-goes-undetected</link> <guid>xrp-bridge-drained-of-202k-after-critical-software-flaw-goes-undetected</guid> <pubDate>Wed, 12 Aug 2026 20:01:31 GMT</pubDate> <description><![CDATA[An attacker drained nearly 200,000 XRP (worth around $202,000) from an XRP Ledger bridge on August 9 by exploiting a flaw in its deposit-detection software, the project said. In a post on X on Tuesday, Tx, which operates the bridge connecting the Tx Chain and the XRP Ledger, said a software flaw caused the bridge to record transactions as XRP deposits even though no XRP had been received. > “The attacker exploited the bridge's deposit-detection logic,” the company wrote. “The bridge's software incorrectly registered transactions that never actually delivered any XRP to the bridge as deposits, and minted bridged XRP on the tx chain against them.” Tx is a layer-1 blockchain ecosystem launched in March by combining the Coreum blockchain with Sologenic, an XRP Ledger-based tokenization and trading platform. The attacker used those fraudulent deposits to create unbacked XRP on the Tx Chain, then exchanged it through the bridge for real XRP. According to Tx, the bridge underwent several internal and third-party audits before deployment, but the vulnerability was not identified. XRPL, an independent XRP Ledger trading and analytics platform, found that the bridge released approximately 199,916 XRP through 94 payments over 97 minutes. Each payment was authorized by 17 of the bridge’s 28 relayers, programs that monitor both blockchains and approve transfers. According to XRPL, the relayers mistook the attacker’s self-directed transactions for deposits. The attacker then withdrew the resulting unbacked balances through the bridge’s normal process. The analysis rejected an initial claim that the XRP had been drained through “rippling,” an XRPL feature that moves issued tokens across trust lines. Native XRP cannot move through rippling, according to XRPL. > “A widely-shared warning blamed “rippling” and an on-by-default account flag. The ledger says otherwise: every one of those payments was signed by the bridge’s own multisig, and native XRP cannot be rippled at all,” XRPL wrote. “Reading both public chains together, the real cause is a relayer that mistook the attacker’s own self-payments for deposits.” In a separate post on X, Reza Bashash, a principal at CoreNest Capital and co-founder of Sologenic and Coreum, said the attacker converted the stolen XRP to Ethereum, moved it onto the Ethereum network through THORChain, and sent the entire amount to crypto mixer Tornado Cash, making the funds significantly harder to trace. Tx said it halted the bridge, fixed the affected code, traced the stolen funds, and filed a complaint with the FBI’s Internet Crime Complaint Center. It also hired blockchain forensics specialists and is working with security partners. > “As we pursue all legal paths forward, we are simultaneously evaluating all options for remedying the situation for affected users,” tx said. The bridge remains offline while tx reviews its security. The project said holders do not need to take action and warned against accounts or websites claiming they can recover the funds. The price of XRP hasn't budged much, despite the issues on the network. The Ripple-linked token continues to hover around the $1 mark, at roughly a $64 billion market cap, dropping roughly 5.5% over the last 30 days. Traders on Myriad, a prediction market build by *Decrypt*'s parent company, currently believe XRP continues to stay at the $1 price point for the rest of the week.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>xrp</category> <category>bridge</category> <category>security</category> <category>exploit</category> <category>tx</category> <enclosure url="https://cdn.decrypt.co/resize/1024/height/512/wp-content/uploads/2025/06/xrp-decrypt-style-01-gID_7.png" length="0" type="image/png"/> </item> <item> <title><![CDATA[Bitcoin and Ether Traders Brace for CPI: Bullish Bets and Volatility Plays Ahead of Key Data]]></title> <link>https://www.bitcointoday.app/article/bitcoin-and-ether-traders-brace-for-cpi-bullish-bets-and-volatility-plays-ahead-of-key-data</link> <guid>bitcoin-and-ether-traders-brace-for-cpi-bullish-bets-and-volatility-plays-ahead-of-key-data</guid> <pubDate>Wed, 12 Aug 2026 14:01:16 GMT</pubDate> <description><![CDATA[The July U.S. consumer price index hits the wires Wednesday morning, and it is shaping up as a classic binary event for bitcoin and other cryptocurrencies. A hotter-than-expected number would strengthen the case for a Federal Reserve rate hike in September, push Treasury yields higher, and keep pressure on risk assets. A softer print would do the opposite. Either way, the result could bitcoin out of the $62,000–$66,000 range it has been stuck in for weeks. Traders are positioning in different ways ahead of the data release. Some are buying upside exposure through call options on leading options exchange Deribit. Calls let traders benefit if the price rises while limiting their risk to the premium paid upfront – similar to buying a lottery ticket with a defined maximum loss. “Dominant flow on Deribit BTC options since yesterday has been concentrated in the 25SEP26 70k call,” data tracking platform Laevitas said. Traders who bought that September expiry call at the $70,000 strike paid a total premium of roughly $2.5 million. That is the most they can lose if bitcoin stays below $70,000 by the end of September. The demand for this bullish exposure suggests some investors expect the ongoing choppy price action in BTC to end with a decisive move toward $70,000. Perhaps, they expect the CPI to come in softer-than-expected, lifting risk assets higher. Economists currently expect the July report to show headline CPI rising 0.1% month-over-month and 3.4% year-over-year. Core CPI, which strips out food and energy, is forecast to rise 0.2% month-over-month and 2.5% year-over-year, according to consensus estimates from Reuters, Dow Jones, and Bloomberg surveys. Other traders are less focused on direction and more interested in a jump in volatility. “We reiterate our recommendation to accumulate December optionality, leveraging depressed implied volatility across the curve ahead of several key catalysts, notably updates on bipartisan Clarity Act negotiations, shifts in Middle East geopolitical risks, and potential monetary policy pivots,” quant-driven trading firm TDX Strategies said. “Structurally, we favour December strangles on BTC and SOL,” the firm added. A strangle involves buying both a call and a put with the same expiration. The position profits if the price makes a large move in either direction. The maximum loss is limited to the combined premium paid and occurs only if the market stays relatively flat. Volatility could expand quickly once bitcoin breaks out of its recent range, according to Jeff Anderson, managing partner at market-making firm STS Digital. “A decisive break of either level in spot should see volatility expand quickly, and the closely watched CPI this Wednesday will be our first indicator following Warsh’s inflation focused press conference,” Anderson told CoinDesk. “It is also worth noting the looming seasonal backdrop: September has historically been Bitcoin’s weakest month, down roughly 4% on average since 2013,” he added. On the blockchain, the picture looks more constructive for the bulls. Major coins are leaving exchanges, a sign of accumulation, even as some sophisticated traders remain cautious in the derivatives market, according to analytics firm Nansen. “On spot, the majors are being accumulated, not distributed: ETH saw exchange net outflows of $49.7M over the past day and $164.6M over the past week, meaning coins are leaving exchanges rather,” Jake Kennis, senior research analyst at Nansen, said in an email. Kennis added that the “derivatives picture is more guarded,” with smart traders on the decentralized exchange Hyperliquid holding a net short exposure of $46.8 million in bitcoin and $20.9 million in ether. Taken together, the positioning points to a market that is cautiously optimistic on both price and volatility as the key inflation data approaches.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>ethereum</category> <category>cpi</category> <category>options</category> <category>marketsentiment</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/0ec1a5091188e08cb020c5859560aebbdf1ad5c7-3000x2001.jpg?auto=format&fit=crop&crop=focalpoint&w=1920&h=1080&q=75" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Elon Musk's AI Warning About the Dollar Is Becoming Reality—Bitcoin Stands Ready]]></title> <link>https://www.bitcointoday.app/article/elon-musks-ai-warning-about-the-dollar-is-becoming-realitybitcoin-stands-ready</link> <guid>elon-musks-ai-warning-about-the-dollar-is-becoming-realitybitcoin-stands-ready</guid> <pubDate>Wed, 12 Aug 2026 07:01:14 GMT</pubDate> <description><![CDATA[## Elon Musk's AI Warning About the Dollar Is Becoming Reality—Bitcoin Stands Ready Elon Musk's April statement about AI and the dollar is hitting differently now. With Bitcoin trading near $64,000 and AI eliminating jobs at a rate of 27,000 cuts per quarter, his words resonate more than ever. > "If AI and robots increase output, then you must issue dollars to people or there will be massive disinflation." His core argument: automation could expand production so dramatically that prices collapse unless purchasing power is distributed to match the new supply. More goods, same number of dollars, means each dollar buys more. That sounds good, but for an economy built on debt and consumption, it's destabilizing. ### The Problem with Issuing More Dollars Musk's proposed fix—a form of universal high income funded by government—immediately runs into the problem every monetary economist flags. Shankar Sanyal, who pushed back directly on X, called the plan likely to "bankrupt any government that attempts it." The IMF, in its latest World Economic Outlook, has separately warned that elevated public debt and declining institutional trust are increasing fragility across economies. More dollars, regardless of what productivity is doing, erodes the purchasing power of the dollars already in circulation. That's not a theory; it's the documented history of every currency that has been printed to solve a structural economic problem. ### Where Bitcoin Enters the Equation This is precisely the scenario Bitcoin was designed for. While governments debate whether to print more currency to distribute, Bitcoin has already answered the question: its supply is fixed at 21 million coins. No AI productivity surge changes that number. No government can issue more of it to smooth over a disinflation problem. No political consensus is required to protect it. Musk's dilemma—print dollars and risk inflation, or don't print and risk disinflation—is a fiat currency problem, not a Bitcoin problem. The 21 million cap does not flex to accommodate either outcome. That inflexibility is the point. According to data, employers cut more than 27,000 jobs linked to AI in Q1 2026 alone, up 40 percent year over year. The pace of displacement is accelerating. Musk is right that the economy will need a response. Whether that response is government-issued dollars or a fixed-supply asset that governments cannot dilute is the most important monetary question of the next decade.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>elonmusk</category> <category>ai</category> <category>inflation</category> <category>monetarypolicy</category> <enclosure url="https://s.yimg.com/lo/mysterio/api/65FD39D85F58F3BC256CA28D69940472ED2ECBF888101C124B62056059005B7F/subgraphmysterio/resizefill_w1200_h700;quality_80;format_webp/https:%2F%2Fmedia.zenfs.com%2Fen%2Fthestreet_881%2F7fe6157eff51320c3ad41721b5bb4459.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[XRP and Ether Lead Crypto Losses as Bitcoin Struggles to Hold $65K, Analysts Eye $70K]]></title> <link>https://www.bitcointoday.app/article/xrp-and-ether-lead-crypto-losses-as-bitcoin-struggles-to-hold-65k-analysts-eye-70k</link> <guid>xrp-and-ether-lead-crypto-losses-as-bitcoin-struggles-to-hold-65k-analysts-eye-70k</guid> <pubDate>Tue, 11 Aug 2026 14:01:37 GMT</pubDate> <description><![CDATA[Bitcoin slipped to near $64,000 on Tuesday, down over 1% on the day but still up marginally on the week, after a fourth failed attempt to hold above $65,000. It reached a 24-hour high just above $65,300 before sliding through the Asian afternoon. Ether was the weakest major, down over 2% to $1,878, though it remains slightly higher over seven days. XRP fell almost 2% to $1.01 and is down almost 6% on the week, the worst of the group by some distance. Solana eased under 1% to $76 but leads the week at 3%. BNB slipped to $600 and holds a 2% weekly gain. Three majors went the other way. Hyperliquid's HYPE rose almost 2% to $55, tron gained slightly to 33 cents and dogecoin was marginally higher at 7 cents. Alex Kuptsikevich, chief market analyst at FxPro, said bitcoin has been testing $65,000 for four straight days without any surge in buying as it approaches the round number. More telling is the absence of selling into it, which he read as "a build-up of short positions well above this level" rather than holders taking profit. That makes $70,000 the next area to watch, another round number with the 200-day moving average sitting nearby. Clearing it would put bitcoin above the range where buyers and sellers fought through March and April, a move Kuptsikevich said would shift sentiment meaningfully. Traders are not there yet. The crypto sentiment index sits at 30, in what is known as the fear zone, and has stayed there since mid-July with occasional dips toward extreme fear. Bonds and oil set the tone in broader markets. U.S. 10-year Treasury yields rose six basis points on Monday to 4.71%, dragging Australian and New Zealand government bonds down with them, with no cash Treasury trading during Asian hours because of a public holiday in Japan. Brent crude held at $87.73 a barrel after jumping 5% on Monday, when President Donald Trump made fresh demands on Iran and dimmed hopes of a deal to reopen the Strait of Hormuz. Gold rose for a third session above $4,400 an ounce. Higher oil feeds into the inflation figures due Wednesday at 8:30 a.m. ET, which is why the rally is weighing on assets that do better when rate rises look less likely. Fund flows had been running the other way until this week. U.S. spot bitcoin funds took in $865 million across five sessions through Aug. 7, before a provisional outflow of $91 million on Monday.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>ethereum</category> <category>xrp</category> <category>marketanalysis</category> <category>inflation</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/f680e6b49e77cb08815db8870b4a9ee5569d61ad-2886x1504.png?auto=format&fit=crop&crop=focalpoint&w=1920&h=1080&q=75" length="0" type="image/png"/> </item> <item> <title><![CDATA[Russia Greenlights Bitcoin, Ethereum, and USDT for Retail Trading—But XRP Misses the Cut]]></title> <link>https://www.bitcointoday.app/article/russia-greenlights-bitcoin-ethereum-and-usdt-for-retail-tradingbut-xrp-misses-the-cut</link> <guid>russia-greenlights-bitcoin-ethereum-and-usdt-for-retail-tradingbut-xrp-misses-the-cut</guid> <pubDate>Tue, 11 Aug 2026 20:01:15 GMT</pubDate> <description><![CDATA[## Russia's Central Bank Opens Crypto Trading to Retail Investors Russia's central bank has proposed its first framework for letting ordinary investors trade crypto on public markets. The Bank of Russia published a draft directive on Aug. 11 that would allow non-qualified investors to buy digital assets through brokers, crypto exchanges, or managers—within a strict annual ceiling. "We're setting a limit on the purchase of cryptocurrencies for non-qualified investors," the central bank said in a separate notice. "Through each intermediary—a broker, crypto exchanger, or manager—they will be able to acquire such assets in the amount of 300 thousand rubles per year." ### Which Coins, and Why Only Three The draft names exactly three tokens cleared for public exchange trading: **Bitcoin**, **Ethereum**, and **Tether's USDT**. The central bank tied the short list to a law signed this month. "The list of digital currencies that the trading organizer is entitled to admit for public circulation on organized trading platforms (hereinafter referred to as the 'List'): Bitcoin (Bitcoin), Ethereum (Ethereum), Tether USDT (Tether USDT)." the notice reads. The filter is **liquidity and track record**. Under the new federal law on digital currencies, a coin's market cap, average daily volume, and at least five years of pricing history on foreign platforms decide if it qualifies. "To protect non-qualified investors from sharp and unpredictable fluctuations in cryptocurrency rates, only the most liquid of them will be available to them," the bank said. The cap itself is written into the directive's operative text. "The maximum amount of the total value of digital currencies acquired through a broker during the calendar year amounts to 300 thousand rubles," Article 2 states. **XRP**, the cryptocurrency created by the founders of payments company Ripple in 2012, has been left off the approved list for now. The token would seemingly qualify given the criteria, but XRP over the years has gone through regulatory troubles—stemming from a since-settled SEC lawsuit against Ripple—that caused the token to be delisted and then relisted on several exchanges, which could be playing a factor. ### Retail Gets a Door; Whales Get the Market Qualified investors—Russia's wealthier, accredited class—face none of these walls. "Qualified investors will be able to acquire all cryptocurrencies that will be traded on the exchange and over-the-counter markets, without restrictions," the notice says. Before any trade, though, everyone takes a test. "All investors, regardless of their status, will need to pass testing and familiarize themselves with the risks of investing in cryptoassets." The move follows the central bank's earlier steps to open crypto to wealthy investors, and lands as Tether's role draws scrutiny—the stablecoin issuer has frozen millions in USDT tied to sanctioned Russian exchanges. The Bank of Russia accepts comments until Aug. 24, and the directive takes effect 10 days after its official publication, signed by Governor Elvira Nabiullina.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>russia</category> <category>cryptoregulation</category> <category>bitcoin</category> <category>ethereum</category> <category>usdt</category> <enclosure url="https://cdn.decrypt.co/resize/1024/height/512/wp-content/uploads/2025/07/russia-moscow-red-square-kremlin-decrypt-style-gID_7.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[XRP Price Stuck in Death Cross as Clarity Act Hopes Fade: What's Next?]]></title> <link>https://www.bitcointoday.app/article/xrp-price-stuck-in-death-cross-as-clarity-act-hopes-fade-whats-next</link> <guid>xrp-price-stuck-in-death-cross-as-clarity-act-hopes-fade-whats-next</guid> <pubDate>Mon, 10 Aug 2026 20:01:14 GMT</pubDate> <description>< The trajectory is the story. On the daily chart, XRP has logged lower highs and lower lows for weeks, bleeding from the late-June area near $1.3, down to where it sits now. The July 21 Clarity pop that briefly tagged $1.15 failed and rolled straight back over. That bounce now looks exactly like what bull traps are supposed to look like, not a trend change. Price isn't building a base; it's drifting just above the $1.0128 floor, and a market this trendless can compress longer than most traders expect. The average price of the last 50 days (EMA50) still sits below the 200-day average (EMA200), in the formation traders call a death cross. Exponential moving averages smooth out average price over a set period; when the shorter-term average trades under the longer-term one, it tells you the medium-term trajectory remains down. Bulls need a daily close back above the EMA cloud to change that reading structurally, and they don't have it. To achieve this, XRP would need to spike at least more than 8%. The Relative Strength Index, or RSI, reads 38.2. RSI is a momentum gauge on a 0–100 scale: above 70 is overbought, below 30 is oversold. At 38.2, XRP is below the neutral 50 line and leaning bearish, but not yet in the oversold zone that tends to attract bargain hunters. The Squeeze Momentum Indicator is off, which means there is still some structure in the bearish trend. With the squeeze inactive and momentum negative, there's no volatility coil loading to fire XRP upward. That's not the signature of a squeeze about to fire upward. The Average Directional Index, or ADX, sits at 14.6. ADX measures trend strength regardless of direction; readings under 20 mark a directionless, choppy tape where false breakouts and stop hunts are common. At 14.6 the trend has no real conviction behind it—though the directional indicators tilt bearish (DI- sits above DI+), which lines up with the death cross rather than fighting it. The bull case: a daily close back above the Fibonacci resistance at $1.0486 is the first proof buyers are showing up, opening a run at the EMA cloud and then the golden zone at $1.0887–$1.1066. That requires the Clarity Act story to reaccelerate, not just linger. The bear case: XRP loses the $1.0128 swing low and the round $1.00 figure gives way, which opens a measured move toward the lower-$0.90s. The death cross and the negative Squeeze momentum both point the same way. For now, the path of least resistance does not appear to be up. The bull case exists, but it's thin. XRP is a Clarity Act proxy trading like the bill's odds just fell to 21%, and the chart underneath agrees. *Disclaimer: The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.*]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>xrp</category> <category>clarityact</category> <category>deathcross</category> <category>technicalanalysis</category> <category>cryptocurrency</category> <enclosure url="https://cdn.decrypt.co/resize/1024/height/512/wp-content/uploads/2025/07/xrp-decrypt-style-whatever-number-it-is-1-gID_7.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Standard Chartered Predicts Chainlink to Soar to $200 by 2030, Fueled by $4T Tokenization]]></title> <link>https://www.bitcointoday.app/article/standard-chartered-predicts-chainlink-to-soar-to-200-by-2030-fueled-by-4t-tokenization</link> <guid>standard-chartered-predicts-chainlink-to-soar-to-200-by-2030-fueled-by-4t-tokenization</guid> <pubDate>Mon, 10 Aug 2026 14:01:15 GMT</pubDate> <description><![CDATA[Standard Chartered has initiated coverage of Chainlink with a price target of $200 by the end of 2030, implying a roughly 25-fold gain from around $8 today and outperformance of both Bitcoin and Ethereum over the period. Geoff Kendrick, the bank's global head of digital assets research, laid out staged targets in a note published Monday: $13 by the end of this year, then $41, $82 and $133 before reaching $200. The same note pencils in Bitcoin at $500,000 and Ethereum at $40,000 by end-2030. Kendrick expects the value of tokenized assets on-chain to climb roughly 12-fold to $4 trillion by end-2028 from about $340 billion now, and assets deployed in DeFi to grow 37-fold to $2.7 trillion by 2030. Because Chainlink charges for delivering data and moving assets between chains, the bank estimates its fees should rise about 25 times over that period, and assumes the token price follows fees. Chainlink's incumbency is the other half of the argument. The note puts its total value secured above $110 billion, covering roughly 70% of oracle-dependent value in DeFi globally and more than 80% on Ethereum. Aave V3 alone accounts for 44% of that secured value. ## Wall Street on the client list Kendrick named Swift, DTCC, Euroclear, JP Morgan, Mastercard, UBS, Fidelity and S&P Global among institutions using Chainlink services, and expects off-chain customers to become a growing share of fees. Tokenized funds and bonds need net asset values, rates and reserve attestations, making them more data-hungry than crypto-native assets. On interoperability, Chainlink still trails LayerZero. The note says more than $7 billion in token value has moved from legacy bridges to Chainlink's CCIP since a $292 million exploit in April, with quarterly CCIP volume reaching $4.9 billion in the second quarter, up 353% year on year. Decrypt reported in May that KelpDAO blamed LayerZero for that exploit and planned to rebuild on Chainlink, a characterization LayerZero disputes. The note is the latest in a run of DeFi initiations from Kendrick, all built on the same 37-fold forecast. He set targets of $100 for Uniswap and $3,500 for Aave in June, and $60 for Morpho in July. UNI jumped double digits after its note landed. Chainlink’s response has been more muted, with LINK currently trading at $8.25, down 0.8% on the day, per CoinGecko data. Risks flagged in the note include institutional tokenization scaling more slowly than expected, pilots failing to become recurring production workflows, specialist providers taking share, and technical failures denting confidence.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>chainlink</category> <category>standardchartered</category> <category>tokenization</category> <category>defi</category> <category>priceprediction</category> <enclosure url="https://cdn.decrypt.co/resize/1024/height/512/wp-content/uploads/2025/09/chainlink-decrypt-style-01-gID_7.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[The Hidden Number That Signals Michael Saylor's Bitcoin Selling Spree Is Almost Over]]></title> <link>https://www.bitcointoday.app/article/the-hidden-number-that-signals-michael-saylors-bitcoin-selling-spree-is-almost-over</link> <guid>the-hidden-number-that-signals-michael-saylors-bitcoin-selling-spree-is-almost-over</guid> <pubDate>Sun, 09 Aug 2026 20:01:31 GMT</pubDate> <description>< ## The Selling Spree, By the Numbers On-chain tracker Lookonchain reported that wallets believed to belong to Strategy transferred 1,030 BTC — worth roughly $66.14 million — on Wednesday. Strategy hasn’t confirmed that specific transaction, but the company routinely discloses weekly transactions in Monday filings, so official confirmation is still pending as of this writing. Here’s what’s rattling crypto markets: Saylor has said publicly that Strategy’s buying pressure is a meaningful reason bitcoin trades as high as it does. Regular selling flips that dynamic, and investors are reasonably asking whether sustained outflows from the market’s largest corporate holder could weigh on price further. The sales themselves aren’t flattering, either: | Metric | Figure | |--------|--------| | Last week’s average sale price | $63,957 | | Strategy’s average acquisition cost | $75,419 | | Implied loss per BTC sold | ~$11,462 (15.2%) | **Selling below cost basis isn’t a sign of confidence. It’s a sign of necessity.** ## What It Would Take for the Selling to Stop Here’s the more encouraging data point. The preferred stock’s par value — the benchmark Strategy has tied to resuming bitcoin purchases — bottomed near $70 in June. It closed Friday at $95.18, up 35% from that low, and climbing steadily back toward its $100 par value. Strategy has indicated it wants STRC back at par before bitcoin buying resumes. Reaching $100 probably won’t flip the switch immediately — the company will likely want to see price stability well above that threshold before committing new capital to Bitcoin again. Granted, that means another disclosed sale next Monday wouldn’t necessarily contradict this thesis. But the trajectory itself — a 35% recovery in roughly two months — is the strongest signal yet that Strategy’s selling pressure has a defined off-ramp, not an open-ended mandate. ## Key Takeaway Strategy’s bitcoin sales aren’t random — they’re funding a specific obligation (STRC dividends) with a specific resolution condition (STRC returning to par value). That condition is 35% closer to being met than it was in June. Investors watching Strategy for signs the selling has run its course should treat the preferred stock’s climb toward $100 — not any single week’s transaction — as the number that actually matters.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>michaelsaylor</category> <category>strategy</category> <category>bitcoinsales</category> <category>preferredstock</category> <category>marketsentiment</category> <enclosure url="https://247wallst.com/wp-content/uploads/2025/01/GettyImages-1321733357-scaled.jpg" length="0" type="image/jpg"/> </item> </channel> </rss>