<?xml version="1.0" encoding="utf-8"?> <rss version="2.0"> <channel> <title>Bitcoin Today - Bitcoin News Curated and Powered by AI</title> <link>https://www.bitcointoday.app</link> <description>Get daily updates on Bitcoin's price, market trends, analysis, and breaking news curated and powered by AI - all digestible in minutes. Make BitcoinToday.app your one-stop shop for staying informed in the fast-paced world of Bitcoin.</description> <lastBuildDate>Fri, 19 Jun 2026 12:01:11 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[Bittensor Could Skyrocket into Top 10 Cryptos by 2027 – Here’s How]]></title> <link>https://www.bitcointoday.app/article/bittensor-could-skyrocket-into-top-10-cryptos-by-2027-heres-how</link> <guid>bittensor-could-skyrocket-into-top-10-cryptos-by-2027-heres-how</guid> <pubDate>Fri, 19 Jun 2026 07:01:11 GMT</pubDate> <description>< *Image source: Getty Images.*]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bittensor</category> <category>tao</category> <category>aicrypto</category> <category>marketprediction</category> <category>dogecoin</category> <enclosure url="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F874369%2Fai-colorful-chip.jpg&w=1200&op=resize" length="0" type="image//image/"/> </item> <item> <title><![CDATA[HIVE Stock Surges 7% as Bitcoin Miner Lands Landmark $220M AI Deal with Bell Canada and Cohere]]></title> <link>https://www.bitcointoday.app/article/hive-stock-surges-7-as-bitcoin-miner-lands-landmark-220m-ai-deal-with-bell-canada-and-cohere</link> <guid>hive-stock-surges-7-as-bitcoin-miner-lands-landmark-220m-ai-deal-with-bell-canada-and-cohere</guid> <pubDate>Thu, 18 Jun 2026 20:01:11 GMT</pubDate> <description><![CDATA[## HIVE Digital Technologies Secures $220M GPU Cloud Contract HIVE Digital Technologies stock climbed more than 7% on Thursday after the company announced a **$220 million GPU cloud contract** with Bell Canada and Toronto-based AI firm Cohere—its biggest deal yet and the clearest sign to date that the Bitcoin miner is now firmly in the AI infrastructure business. ### The Deal Details The contract runs **three years** and is delivered through HIVE's subsidiary, BUZZ High Performance Computing. It involves **2,304 NVIDIA Grace Blackwell GPUs**—chips designed for frontier AI model training and inference—installed at Bell's purpose-built data center in Merritt, British Columbia. Cohere, a large language model company that builds AI systems for enterprises and governments, will use that compute layer to run its platform for Canadian clients. ### Sovereign AI: Canada's Strategic Push The term "sovereign AI" gets thrown around a lot. In plain terms, it means AI that runs on infrastructure inside your country's borders, on locally controlled data—which matters a lot when the clients are government agencies. Canada has pushed hard on this, with Ottawa committing **over $2 billion to domestic AI compute** as part of its Sovereign AI Compute Strategy and putting $240 million directly into Cohere. This deal is the physical layer of that bet. Cohere is a fitting anchor for the arrangement. The Toronto company is one of the few anywhere building foundation models—the base-layer AI that powers enterprise chatbots, government document processing, and everything in between—and recently announced a merger with Germany's Aleph Alpha that values the combined company at roughly **$20 billion**. Bell and Cohere had an existing partnership dating to July 2025; this contract is the compute infrastructure underneath it. ### HIVE's Pivot from Bitcoin Mining to AI Infrastructure For HIVE, which reported **$278.3M Bitcoin mining revenue** in its last quarter, this is the latest chapter in a pivot underway since 2022. The company began its AI shift by redirecting GPU capacity from crypto mining, landing a deal with Dell for new GPUs last November and closing a **$115 million convertible note offering** in April to fund hardware purchases. It's not alone: Keel Infrastructure, formerly Bitfarms, sold off its last Paraguay mining facility in April and is running the same playbook. Crypto mining returns are volatile and get harder as more miners compete for block rewards. Things get even harder during crypto winters, downturns in the market, as rewards become increasingly less attractive as the price of crypto assets go down but costs stay the same or go up. On the opposite side, **AI compute demand is growing fast** and clients—especially government agencies—sign multi-year contracts at locked-in rates. Trading one bubble for another, maybe, but at least this one has a government mandate behind it. ### Financial Impact and Future Plans Once the deployment goes live—expected between **late 2026 and early 2027**—HIVE expects roughly **$70 million in new annual recurring revenue** on top of the $35 million it already books from existing GPU operations. Its contracted HPC revenue target now exceeds **$100 million**. The company also has a larger project in the works: a **320-megawatt AI data center** in the Greater Toronto Area designed to house more than 100,000 Nvidia GPUs at full build-out. HIVE expects the facility to generate roughly **$360 million in annualized recurring revenue** at full operation and has set a broader target of **$660 million** in annualized HPC revenue by the end of 2028.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>hive</category> <category>aiinfrastructure</category> <category>gpucloud</category> <category>bitcoinmining</category> <category>sovereignai</category> <enclosure url="https://cdn.decrypt.co/resize/1024/height/512/wp-content/uploads/2025/05/bitcoin-mining-decrypt-style-02-gID_7.png" length="0" type="image/png"/> </item> <item> <title><![CDATA[Bitcoin Dips Below Key Level: Historical Data Shows 113% Median Returns for Buyers]]></title> <link>https://www.bitcointoday.app/article/bitcoin-dips-below-key-level-historical-data-shows-113-median-returns-for-buyers</link> <guid>bitcoin-dips-below-key-level-historical-data-shows-113-median-returns-for-buyers</guid> <pubDate>Thu, 18 Jun 2026 07:01:30 GMT</pubDate> <description><![CDATA[Bitcoin has recently been flirting with a level that has historically proved a near-perfect entry point for bulls, generating handsome returns, according to Kraken's Chief Economist Thomas Perfumo. That level is the **200-week simple moving average (SMA)**, which represents the token's average price over that period, providing traders with a clear glimpse of the long-term trend while cutting through day-to-day noise. Twice in the past two weeks, BTC dipped briefly below its 200-week SMA before climbing back above it by the end of each week. As of writing, bitcoin is trading at $63,900, just above the 200-week SMA of $62,358. That's notable because, as per Perfumo, **closes below this level have been rare**, occurring on only about 10% of trading days since mid-2017, and have historically marked unusually attractive entry points for buyers. > "Historically, buyers at this level have gone on to see **median returns north of 113%** over the following year and **313% over two years**," Perfumo said in an email. Median here means that if you lined up every single time someone bought BTC below the 200-week SMA and ranked their returns from worst to best, then 113% is the return that sits right in the middle. It also means half of those buyers enjoyed higher returns than that while the rest ended with less. That's different from a simple average return, which can get skewed by one or two big outliers, or extraordinary gains. The story gets even more positive. Not only has buying below the 200-week average produced triple-digit gains over one- and two-year periods, but the **pain of holding through that period has been limited**. > "For those who accumulated below the 200-week MA, the **median time to break even** on their investment has been **just two days**, while the **median maximum drawdown** over the subsequent year has been **only 9%**," Perfumo noted. However, he was careful to caveat the data, stressing that "past performance is no guarantee of future results. But the historical record makes a clear case: at these levels, bitcoin has tended to offer immense value."]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>200-weekmovingaverage</category> <category>kraken</category> <category>technicalanalysis</category> <category>buysignal</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/b19fea6ba8d91933fbd0aa045661baca984f3247-4080x2720.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 Bottom Signal Flashes: Long-Term Holders Absorbed 125,000 BTC in June]]></title> <link>https://www.bitcointoday.app/article/bitcoin-bottom-signal-flashes-long-term-holders-absorbed-125-000-btc-in-june</link> <guid>bitcoin-bottom-signal-flashes-long-term-holders-absorbed-125-000-btc-in-june</guid> <pubDate>Wed, 17 Jun 2026 14:01:12 GMT</pubDate> <description><![CDATA[Markets are subdued ahead of Wednesday's U.S. open as traders await the Federal Reserve's rate decision later today, with policymakers widely expected to leave interest rates unchanged. Risk assets are showing mixed performance. The Invesco QQQ is up 0.54%, while gold is little changed, down 0.08% at $4,327 per ounce. **Bitcoin has slipped 1.5%, falling below $65,000**, and the U.S. Dollar Index (DXY) is holding at 99.6, just under the key 100 level. Oil remains the standout mover in recent sessions, trading around $76 per barrel as geopolitical tensions ease. ### Bitcoin's Sharpe Ratio Flashes a Bottom Signal According to data, **Bitcoin's Sharpe ratio has hit a level that has marked every cycle low since 2015**. However, in each case, it preceded months of basing rather than an immediate rebound. This suggests that while a bottom may be near, a quick recovery is unlikely. ### Long-Term Holders Absorb 125,000 BTC In a show of strong conviction, **long-term holders absorbed 125,000 BTC in June**, indicating accumulation despite price weakness. This behavior is often seen as a bullish signal, as it reduces the available supply on exchanges. ### Market Sentiment Cautious The broader market is treading cautiously ahead of the Fed decision. The DXY hovering near 100 suggests a potential pivot in dollar strength, which could impact Bitcoin and other risk assets.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>sharperatio</category> <category>long-termholders</category> <category>federalreserve</category> <category>marketsentiment</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/376999584aa1ec9e3596baa2010401ed23887127-3000x2029.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Strategy's Preferred Stock STRC Plunges to Near-Historic Lows as Investors Flock to Rival SATA]]></title> <link>https://www.bitcointoday.app/article/strategys-preferred-stock-strc-plunges-to-near-historic-lows-as-investors-flock-to-rival-sata</link> <guid>strategys-preferred-stock-strc-plunges-to-near-historic-lows-as-investors-flock-to-rival-sata</guid> <pubDate>Wed, 17 Jun 2026 07:01:31 GMT</pubDate> <description>< STRC was designed to trade as close as possible to its **$100 par value**. However, it has remained below that level for an extended period and has not traded at $100 since May 15, last month's ex-dividend date. ### Why STRC Is Weakening Historically, STRC would trade near its $100 par value ahead of the ex-dividend date. Once the stock went ex-dividend, it often declined by roughly the value of the dividend before gradually recovering toward par, but on June 15, STRC never reached par. Several factors appear to be contributing to STRC's persistent weakness: - **Bitcoin pressure**: The security has historically traded in tandem with bitcoin, and bitcoin remains under pressure, hovering around **$65,000** and roughly 50% below its October all-time high. - **Dividend coverage concerns**: Strategy currently has approximately **seven months** of dividend payout remaining after using part of its cash reserves to repay $1.5 billion of convertible debt. Prior to that repayment, the company's cash position provided up to 24 months of dividend coverage. - **Competition from Strive's SATA**: Investors have increasingly gravitated toward Strive's bitcoin-backed preferred security, **SATA**, which continues to trade close to its $100 par value, offering a **higher annualized yield of approximately 13%**, compared with STRC's 11.5%. SATA also pays **daily dividend payments** rather than bi-monthly distributions. In addition, Strive doesn't have any debt outstanding, placing SATA at the top of the capital structure. The spread between the two securities has widened significantly. STRC currently trades at a roughly **$8.20 discount** to SATA, the largest gap on record, as SATA trades at $99.99. Based on STRC's current dividend rate and market price, its annualized yield stands at approximately **12.53%**. The market may be signaling that STRC's dividend rate needs to increase by about **100 basis points** to restore demand and bring the security closer to its intended $100 par value.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>strc</category> <category>sata</category> <category>strategy</category> <category>strive</category> <category>preferredstock</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/0339788ec6da49e65916e89c4bf0f137635275cd-720x406.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Ripple Invests in Africa's Largest Payments Company: What It Means for XRP]]></title> <link>https://www.bitcointoday.app/article/ripple-invests-in-africas-largest-payments-company-what-it-means-for-xrp</link> <guid>ripple-invests-in-africas-largest-payments-company-what-it-means-for-xrp</guid> <pubDate>Tue, 16 Jun 2026 20:01:26 GMT</pubDate> <description>< XRP is digesting yesterday’s breakout, now sitting between the **0.5 Fibonacci level at $1.2071** and the **0.618 Fib at $1.2440**. The **20 EMA at $1.2082** has flipped to support and is being tested right now, the line that must hold to keep the recovery structure intact. - Holding $1.2082 and reclaiming $1.2440 targets **$1.2823**, then **$1.2964**, then **$1.3633** on continuation. - Losing the 20 EMA on a daily close fades the breakout and retests **$1.1702** then **$1.1246**. Post-breakout consolidation holding the 20 EMA is exactly what a healthy recovery structure looks like.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>ripple</category> <category>xrp</category> <category>flutterwave</category> <category>africa</category> <category>stablecoin</category> <enclosure url="https://cdn.benzinga.com/cdn-cgi/image/width=1200,height=800,fit=crop/files/images/story/2026/06/16/Kyrenia--Cyprus---November-8--2018-Rippl.jpeg" length="0" type="image/jpeg"/> </item> <item> <title><![CDATA[Bitcoin Whales Gobble Up 260K BTC as Glassnode Accumulation Score Hits Max]]></title> <link>https://www.bitcointoday.app/article/bitcoin-whales-gobble-up-260k-btc-as-glassnode-accumulation-score-hits-max</link> <guid>bitcoin-whales-gobble-up-260k-btc-as-glassnode-accumulation-score-hits-max</guid> <pubDate>Tue, 16 Jun 2026 14:01:11 GMT</pubDate> <description><![CDATA[Bitcoin's drop below $60,000 earlier this month spurred investors to pile into the largest cryptocurrency, with almost **260,000 BTC bought over 10 days** and one measure of demand increasing to its highest possible level. Investors have bought a net **259,298 BTC** since June 5, paying between **$59,000 and $67,000**, according to Glassnode UTXO Realized Price Distribution data. Glassnode's **Accumulation Trend Score by Wallet Cohort**, which measures the relative strength of purchasing fervor based on both the size of buyers and the amount acquired over the previous 15 days, stands at **1.0**, the top reading. Buying has been **broad-based across wallet cohorts**, ranging from holders with less than 1 BTC (typically retail investors) to those with as many as **1,000 BTC**. Notably, from March through May, most groups were net distributors, or sellers, as bitcoin stagnated around $70,000. The aggregate Accumulation Trend Score has now remained at a peak level for **more than two weeks**, indicating aggressive buying across cohorts and marking the **strongest accumulation behavior observed during the current drawdown**.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>glassnode</category> <category>accumulation</category> <category>whales</category> <category>onchain</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/81b478ecd92af2f8b16d99eaffd8cbce654fe99f-3200x1800.png?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/png"/> </item> <item> <title><![CDATA[Trump's UFC Fighters Paid in Family Stablecoin: Legal Loophole or Ethics Breach?]]></title> <link>https://www.bitcointoday.app/article/trumps-ufc-fighters-paid-in-family-stablecoin-legal-loophole-or-ethics-breach</link> <guid>trumps-ufc-fighters-paid-in-family-stablecoin-legal-loophole-or-ethics-breach</guid> <pubDate>Tue, 16 Jun 2026 07:01:28 GMT</pubDate> <description><![CDATA[In a spectacle that blurred the lines between public duty and private profit, UFC fighters at the White House received bonuses not in U.S. dollars, but in **USD1**, a stablecoin issued by the Trump family’s cryptocurrency venture, **World Liberty Financial**. This arrangement, while legal due to a presidential exemption, has raised serious ethical concerns. ## The Event and the Payment Trump’s “UFC Freedom 250” event on the White House South Lawn saw winners get record bonuses, but instead of cash, they were paid in **USD1**—a synthetic dollar stablecoin. World Liberty Financial, founded in 2024 by Trump, his sons, and close associates, has become a lucrative part of the president’s portfolio. ## The Legal Loophole Under federal criminal statute **18 U.S.C. § 208**, most executive branch employees are barred from participating in official matters that affect their financial interests. However, the **president, vice president, and members of Congress are exempt**. This allowed Trump to host an event featuring World Liberty Financial without facing legal consequences. Richard Painter, former chief White House ethics lawyer under George W. Bush, noted that if a Treasury secretary had a similar financial interest, they would likely commit a **felony**. The exemption, he said, creates a scenario where the line between public duty and private profit is dangerously blurred. ## The Financial Stakes World Liberty Financial issues USD1, which is backed by cash and U.S. Treasuries. The issuer earns interest on these reserves, turning every dollar held in tokens into a steady revenue stream. Trump’s latest financial disclosure shows he has made over **$57.3 million** from sales of World Liberty’s governance token. USD1 now circulates in the billions, generating tens of millions annually for the company. ## Unanswered Questions UFC did not disclose which fighters received USD1 payouts or how much they received. The White House also did not respond to questions about potential conflicts of interest. This lack of transparency further fuels concerns about ethics in the Trump administration. ## Broader Implications This incident highlights how **presidential exemptions from ethics rules** can enable conflicts of interest that would otherwise be illegal. As stablecoins become more mainstream, the intersection of politics and cryptocurrency raises critical questions about accountability and governance.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>trump</category> <category>stablecoin</category> <category>ethics</category> <category>worldlibertyfinancial</category> <category>ufc</category> <enclosure url="https://fortune.com/img-assets/wp-content/uploads/2026/06/GettyImages-2281622701-e1781560813872.jpg?resize=1200,600" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Solana Set to Skyrocket If This Crypto Clarity Act Passes: 200+ Firms Back It]]></title> <link>https://www.bitcointoday.app/article/solana-set-to-skyrocket-if-this-crypto-clarity-act-passes-200-firms-back-it</link> <guid>solana-set-to-skyrocket-if-this-crypto-clarity-act-passes-200-firms-back-it</guid> <pubDate>Mon, 15 Jun 2026 20:01:12 GMT</pubDate> <description><![CDATA[A coalition of over **200 crypto firms** recently sent a letter to Senate leaders urging a vote on the **Digital Asset Market Clarity Act**. This act aims to establish a federal framework for digital assets, clarify SEC and CFTC roles, and provide clearer registration pathways. If passed, **Solana (SOL)** could be a major beneficiary. ## Why Solana Could Soar Solana is the **second-largest developer-oriented blockchain** after Ethereum, with over 11,500 developers last year. It's the **fastest Layer-1 blockchain** globally and already handles nearly a third of all stablecoin transfers through partnerships with **Circle**, **Visa**, **PayPal**, and Stripe. It's also increasingly used to tokenize real-world assets (RWAs). However, the **SEC has labeled Solana an "unregistered security"**, causing investor uncertainty and a price drop of over **50% in the past 12 months**. The Clarity Act could reclassify Solana as a **digital commodity** under the CFTC, removing that regulatory overhang. ## The Impact of Reclassification If Solana is deemed a commodity, it could attract more investors and boost its **U.S. ETFs**, approved in late 2025. Additionally, staking yields on Solana could become more attractive with clearer regulations. ## Is It Time to Buy? Solana's technology is not the issue—**regulatory clarity** is. If the Senate passes the Clarity Act, Solana's price could surge significantly.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>solana</category> <category>clarityact</category> <category>cryptoregulation</category> <category>sec</category> <category>cftc</category> <enclosure url="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F873970%2Fdigital-money-cube-placed-on-a-blockchain.jpg&w=1200&op=resize" length="0" type="image//image/"/> </item> <item> <title><![CDATA[Why Rising Interest Rates Could Crush Crypto: A Bearish Outlook]]></title> <link>https://www.bitcointoday.app/article/why-rising-interest-rates-could-crush-crypto-a-bearish-outlook</link> <guid>why-rising-interest-rates-could-crush-crypto-a-bearish-outlook</guid> <pubDate>Mon, 15 Jun 2026 07:01:11 GMT</pubDate> <description><![CDATA[The May Consumer Price Index (CPI) hit 4.2%, a three-year high, shifting Federal Reserve policy from potential rate cuts to likely rate hikes. The **Crypto Fear and Greed Index** is at 21 (extreme fear), and **Bitcoin** is down 20% in the last 30 days. Here's why higher rates are bad for crypto. ## Why Higher Rates Squeeze Crypto When the Fed hikes rates, **Treasury yields** rise, increasing the opportunity cost of holding non-yielding assets like crypto. This incentivizes capital to pull back from risky sectors. Markets now price in a December hike at nearly 51%, up from near zero. The FOMC meets June 16-17, and history suggests crypto will sell off ahead of the meeting and struggle for months after a hike. ## How Leading Coins Might Absorb the Squeeze - **Ethereum** has significant downside exposure as its DeFi ecosystem competes with Treasury yields, leading to potential capital outflows. - **Solana** tends to bleed when cheap money dries up. - **XRP** is a wildcard, holding up better due to spot ETF inflows. - **Bitcoin** will likely suffer the least, supported by spot ETFs, corporate treasuries, and government reserves. Reflexive selling will happen, but institutional holders are unlikely to be skittish for long. Watch for hawkish language from new Fed chair Kevin Warsh at the June meeting. If rate hikes come, consider buying the dip.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>interestrates</category> <category>federalreserve</category> <category>bitcoin</category> <category>ethereum</category> <category>marketsentiment</category> <enclosure url="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F874096%2Ffrightening-bear.jpg&w=1200&op=resize" length="0" type="image//image/"/> </item> </channel> </rss>