<?xml version="1.0" encoding="utf-8"?> <rss version="2.0"> <channel> <title>Bitcoin Today - Bitcoin News Curated and Powered by AI</title> <link>https://www.bitcointoday.app</link> <description>Get daily updates on Bitcoin's price, market trends, analysis, and breaking news curated and powered by AI - all digestible in minutes. Make BitcoinToday.app your one-stop shop for staying informed in the fast-paced world of Bitcoin.</description> <lastBuildDate>Tue, 30 Jun 2026 04:52:03 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[Meme Coins Like Dogecoin: Fun or Foolish Long-Term Investment?]]></title> <link>https://www.bitcointoday.app/article/meme-coins-like-dogecoin-fun-or-foolish-long-term-investment</link> <guid>meme-coins-like-dogecoin-fun-or-foolish-long-term-investment</guid> <pubDate>Mon, 29 Jun 2026 07:01:12 GMT</pubDate> <description><![CDATA[It's easy to dismiss **meme coins**. Many started as silly internet jokes and are completely worthless. Even **Dogecoin** (DOGE) — the king of meme coins — began as an internet joke over a decade ago. However, a handful of meme coins now rank among the most valuable cryptocurrencies, and meme coins as a whole represent **1.25% of the total crypto market cap**. So, is there any legitimate case for them as a long-term investment? ## Diversification into Meme Coins One potential justification is **diversification**. You don't want all your eggs in one basket, so you need to look beyond just Bitcoin or Ethereum. That leads some investors to consider Dogecoin, which has a **$12.5 billion market cap**, ranking among the top 10 cryptocurrencies. Other notable meme coins include **Shiba Inu**, **Pepe**, and **MemeCore**. Unfortunately, there's no easy way to diversify into a mix of meme coins. Investing in a single meme coin is still too risky, and there's no ETF that gives you exposure to a basket of meme coins. The best you can get is a single crypto ETF holding only Dogecoin, which isn't enough diversification. ## Beware Meme Coin Math It's easy to fall into the trap of "meme coin math." Meme coins launch near zero, skyrocket to absurd valuations, then dramatically lose almost all value. They don't go to zero, but they get close. For example, Dogecoin is down **89% from its all-time high** of $0.74 and trades for pennies. Yet it's up **19,000% since its 2013 launch**. The numbers can be deceiving: only early investors made money. Everyone who bought in 2021 or later got caught holding the bag. ## Memes Are for the Short Run, Not the Long Run Based on this, it's hard to make a case for meme coins as a suitable long-term investment. There's no good way to get broad exposure, and their long-term return data is mixed at best and downright scary at worst. You can safely exclude meme coins from your long-term portfolio.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>dogecoin</category> <category>memecoins</category> <category>cryptoinvesting</category> <category>diversification</category> <category>long-terminvestment</category> <enclosure url="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F874385%2Fflying-pigs.jpg&w=1200&op=resize" length="0" type="image//image/"/> </item> <item> <title><![CDATA[Strategy Unveils Bold Bitcoin Capital Framework: $2.55B Reserve, Buybacks, and Monetization Plan]]></title> <link>https://www.bitcointoday.app/article/strategy-unveils-bold-bitcoin-capital-framework-255b-reserve-buybacks-and-monetization-plan</link> <guid>strategy-unveils-bold-bitcoin-capital-framework-255b-reserve-buybacks-and-monetization-plan</guid> <pubDate>Mon, 29 Jun 2026 14:01:27 GMT</pubDate> <description><![CDATA[Strategy (formerly MicroStrategy) has announced a comprehensive **Digital Credit Capital Framework** to strengthen its preferred securities, enhance liquidity, and preserve long-term Bitcoin exposure. The framework includes five key components: ### USD Reserve Policy Strategy holds a **$2.55 billion USD Reserve** as of June 28, 2026, which can only be used for preferred stock dividends and interest payments unless authorized otherwise. This covers **17.4 months** of expected annual payments of $1.76 billion. The company aims to maintain at least **12 months of coverage**, with additional **$1.25 billion in BTC monetization capacity** bringing total coverage to **25.9 months**. ### STRC Dividend Policy The dividend rate on its **Variable Rate Series A Perpetual Stretch Preferred Stock (STRC)** will increase to **12.00%** effective July 1, 2026. Strategy aims to keep STRC trading near its **$100 stated amount** and will evaluate the dividend rate monthly based on market conditions, BTC price, and credit spreads. ### Digital Credit Securities Repurchase Program Up to **$1.0 billion** in repurchases of its Digital Credit Securities (STRC, STRF, STRD, STRK) is authorized, with STRC as the initial priority. Repurchases at discounts to stated amount could reduce dividend payments and strengthen credit quality. ### MSTR Repurchase Program A separate **$1.0 billion** repurchase program for class A common stock (MSTR) is authorized, aimed at creating long-term value when the stock trades below intrinsic value. ### BTC Monetization Program The Board authorized selling BTC for three purposes: funding the USD Reserve (up to $1.25 billion), paying dividends and interest, and funding repurchases of Digital Credit Securities or common stock. This gives Strategy flexibility to use its **BTC holdings as capital**. CEO Phong Le stated, "Strategy is evolving from one-way capital issuance to active capital management." CFO Andrew Kang emphasized, "Bitcoin is capital," highlighting the ability to use BTC to strengthen Digital Credit. This framework marks a significant shift for Strategy, moving from pure Bitcoin accumulation to active capital management while maintaining its core Bitcoin treasury strategy.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>strategy</category> <category>bitcoin</category> <category>digitalcredit</category> <category>capitalframework</category> <category>mstr</category> <enclosure url="https://images.contentstack.io/v3/assets/bltf8d808d9b8cebd37/blt564673b43d6d919a/6a41f109d2a32e775605a9cf/strategy-announces-digital-credit-capital-framework_pr-thumbnail.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Bitcoin ETFs Bleed $4 Billion in June: Is the Institutional Exodus Just Beginning?]]></title> <link>https://www.bitcointoday.app/article/bitcoin-etfs-bleed-4-billion-in-june-is-the-institutional-exodus-just-beginning</link> <guid>bitcoin-etfs-bleed-4-billion-in-june-is-the-institutional-exodus-just-beginning</guid> <pubDate>Mon, 29 Jun 2026 20:01:29 GMT</pubDate> <description><![CDATA[Bitcoin's biggest institutional sources of demand are faltering simultaneously, leaving the cryptocurrency increasingly exposed as **exchange-traded fund (ETF) investors pull money at a record pace** and questions persist over the financing playbook behind its largest corporate buyer. ## Record Outflows US-listed spot Bitcoin ETFs are on track for their **worst month of withdrawals** since launching in January 2024, with investors pulling more than **$4.1 billion** from the 13 funds in June, according to data compiled by Bloomberg. BlackRock Inc.'s IBIT, the industry's largest fund, has accounted for roughly **$3 billion** of those outflows. ## Implications This massive capital flight signals waning institutional confidence and could exacerbate downward pressure on Bitcoin's price. The simultaneous faltering of other demand sources, coupled with concerns over corporate buyer financing, paints a challenging picture for the cryptocurrency market.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoinetfs</category> <category>outflows</category> <category>institutionalinvestors</category> <category>marketsentiment</category> <category>blackrock</category> <enclosure url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/icr2pleLQqI8/v1/1200x787.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Bitcoin Holders Set to Receive Free Coins from Upcoming Summer Forks]]></title> <link>https://www.bitcointoday.app/article/bitcoin-holders-set-to-receive-free-coins-from-upcoming-summer-forks</link> <guid>bitcoin-holders-set-to-receive-free-coins-from-upcoming-summer-forks</guid> <pubDate>Sun, 28 Jun 2026 20:01:10 GMT</pubDate> <description><![CDATA[Bitcoin holders are scheduled to get at least one airdrop this summer, as one explicit hard fork will take place in early August and a separate soft fork attempt appears destined for failure. While not currently viewed as major forks of the Bitcoin network, these are among the most notable attempts in years to create new networks from Bitcoin’s existing ownership record. When implemented without broad consensus, a Bitcoin fork can create a separate cryptocurrency that inherits bitcoin ownership as of the split and uses it as the initial distribution of the new asset. The idea is to continue what was already started with Bitcoin down a new path rather than bootstrap a separate set of network effects from scratch. However, in many cases, the airdropped coins are sold off for more bitcoin or simply ignored. The most prominent wave of Bitcoin forks arrived near the end of the block size war. Bitcoin Cash split from Bitcoin in August 2017 after years of disagreement over whether the network should increase its block size limit via a hard fork. Other projects, such as Bitcoin Gold, followed as altcoins forked from Bitcoin became a bit of a meme in the crypto space. Bitcoin SV, which was effectively built around Craig Wright’s now judicially demolished claim to be Satoshi Nakamoto, later separated from Bitcoin Cash in November 2018 following another dispute over protocol rules and block capacity. The two fork projects taking shape in 2026 are also products of disagreements over Bitcoin’s technical direction. This time, however, there is little evidence that users, businesses, developers, and miners are divided into anything resembling the rival camps that formed during the block size war. ## eCash The more straightforward of the two projects is **eCash**, a new cryptocurrency scheduled to launch through a Bitcoin hard fork on August 21. Nearly every bitcoin holder at the fork’s snapshot point is supposed to receive a corresponding eCash balance. Created by longtime Bitcoin researcher and Drivechain architect Paul Sztorc, eCash is intended to activate **the Drivechain proposal** on a live cryptocurrency network. Sztorc first published the Drivechain concept in 2015, received Bitcoin Improvement Proposal (BIP) numbers (300 and 301) for it in 2017, and released test software in 2019. After more than a decade of advocacy, the proposal still has not obtained the broad agreement necessary for inclusion in Bitcoin. Reasons for the lack of support for Drivechain from the greater Bitcoin userbase include **potential legal or regulatory risks for miners** and perceived alterations to the game theory that holds Bitcoin together and makes it work as it already exists today. Drivechain was originally designed as a specific type of Bitcoin **sidechain** to let people move bitcoin into separate blockchains that can operate under different rules. One sidechain could support larger blocks, while others could offer privacy tools, tokens, prediction markets, or Ethereum-like applications. Basically, all of the useful features found in non-Bitcoin crypto projects could be integrated into Bitcoin. The sidechains would be merge-mined, allowing Bitcoin miners to process their activity and collect additional transaction fees. Drivechain was originally proposed as a soft fork to Bitcoin, which effectively means it would work in a backwards compatible manner. Because that soft fork has not gained consensus, eCash will instead create a separate blockchain with Drivechain activated from the beginning. The Bitcoin network will remain unaffected. Notably, the eCash launch also includes a provocative promotional tactic that grabbed headlines in the crypto world. Rather than provide the full airdrop to addresses thought to belong to Bitcoin creator Satoshi Nakamoto, the project plans to reserve roughly half of those coins to fund development and reward early financial backers. ## BIP 110 While eCash is off to create a new network with its own rules, **BIP 110** is taking a more confrontational route. The proposal is attempting to impose temporary consensus restrictions on how Bitcoin transactions can store nonfinancial data. BIP 110 grew out of a long-running fight over **inscriptions, Ordinals, Runes**, and other protocols that place images, tokens, and arbitrary data in Bitcoin transactions. Supporters describe this activity as spam that raises storage and bandwidth requirements for node operators focused on only using bitcoin as money. Opponents, many of whom also prefer bitcoin to only be used as money, argue that valid transactions paying market-rate fees should not be censored merely because some users dislike their purpose. They also argue that subjective spam filtering simply can’t work on a network that is inherently resistant to censorship. The proposal includes an early activation route if 55% of mined blocks in a 2,016-block difficulty period signal support. However, BIP 110 nodes will begin rejecting non-signaling blocks at height 961,632, currently projected for early August. Current miner support makes a smooth activation extremely unlikely. **Public trackers place signaling below 1% in June**, far short of the 55% threshold. When I examined miners’ likely response to the proposed fork for Protos in November, the industry showed little interest in either BIP 110 or the broader controversy over perceived spam. “Miners’ collective silence is effectively an endorsement of the technical decisions made by Bitcoin Core, at least from their end,” I wrote at the time. Although BIP 110 is technically written as a soft fork, insufficient adoption would effectively turn it into a hard fork. Once BIP 110 nodes begin enforcing their narrower rules, they will reject any block permitted by Bitcoin’s preexisting rules that is newly-prohibited under BIP 110. The rest of the Bitcoin network would continue accepting those blocks like nothing happened. BIP 110 users would have effectively removed themselves from Bitcoin and begun operating a smaller alternative cryptocurrency network, assuming the new fork attracts enough mining power to keep the blockchain moving forward at all. Other measures, such as altering the difficulty adjustment algorithm or changing the algorithm used for proof-of-work mining could be considered at that point. ## Bitcoin Holders Should Pay Attention Whether Bitcoin users are interested in what eCash or BIP 110 have to offer or not, it makes sense to track these projects as they develop because holders could end up having the keys to multiple other assets they didn’t ask for within the next few months. There are also potential security risks involved in claiming or spending those assets. Because forked coins are controlled by the same cryptographic key pairs as real bitcoin, a transaction made on one network can sometimes be copied and rebroadcast on another. This is known as a **replay attack**, and it can occur if the developers of the new network do not implement proper protections for Bitcoin users. Users may want to avoid importing Bitcoin seed phrases or private keys into unfamiliar fork software while those keys still control bitcoin.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>forks</category> <category>airdrop</category> <category>ecash</category> <category>bip110</category> <enclosure url="https://gizmodo.com/app/uploads/2026/02/btc-fork-1200x675.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[XRP at $1 Crossroads: 3 Scenarios for the Next Big Move]]></title> <link>https://www.bitcointoday.app/article/xrp-at-1-crossroads-3-scenarios-for-the-next-big-move</link> <guid>xrp-at-1-crossroads-3-scenarios-for-the-next-big-move</guid> <pubDate>Sun, 28 Jun 2026 07:01:12 GMT</pubDate> <description><![CDATA[XRP recently retested the **$1.00** level after a sharp decline, sparking debate among bulls and bears. The drop followed May's personal consumption expenditures price index reading, the Fed's preferred inflation gauge, which rose at its highest level since 2023, reinforcing the central bank's tough stance on inflation. XRP had fallen for three straight days, testing a major volume block at **$1.06**, where over **830 million XRP** changed hands. However, bulls failed to hold this crucial support, leading to the $1 test. ## Three Potential Scenarios With the $1 level tested, three scenarios emerge: 1. **Rebound continues**: XRP has already bounced from $1.00, currently trading at **$1.07**, up 2.95% in the last 24 hours. The $1.06 level could now act as support. 2. **Consolidation**: XRP may trade sideways as the market awaits potential catalysts. 3. **$1 breach**: If the price fails to hold, transaction history points to next support levels: **$0.80** (923M XRP), **$0.62** (1.16B XRP), and **$0.51** (1.06B XRP), according to analyst Ali. ## XRP and RLUSD News On a positive note, the **XRP Ledger** now has more **RLUSD** on-chain than Ethereum, with $810 million vs. $760 million. Additionally, the **Japan Financial Services Agency** approved RLUSD as a new type of electronic payment instrument, making it available through SBI VC Trade to both institutions and retail customers.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>xrp</category> <category>rlusd</category> <category>priceanalysis</category> <category>supportlevels</category> <category>japanregulation</category> <enclosure url="https://u.today/sites/default/files/styles/twitterwithoutlogo/public/2026-06/s5619.jpeg" length="0" type="image/jpeg"/> </item> <item> <title><![CDATA[Billionaire Investor Jeremy Grantham Slams Bitcoin: 'It Will Fade Away With a Whimper']]></title> <link>https://www.bitcointoday.app/article/billionaire-investor-jeremy-grantham-slams-bitcoin-it-will-fade-away-with-a-whimper</link> <guid>billionaire-investor-jeremy-grantham-slams-bitcoin-it-will-fade-away-with-a-whimper</guid> <pubDate>Sat, 27 Jun 2026 20:01:12 GMT</pubDate> <description><![CDATA[Billionaire investor Jeremy Grantham has made his stance on cryptocurrency crystal clear: he wants nothing to do with it. The co-founder of investment firm GMO appeared on CNBC's "Squawk Box" on Friday, where he called crypto a **"useless, speculative mechanism"** and predicted its eventual demise. "Years and years, decades and decades—it will dwindle away, I suspect," Grantham said of crypto's future. "Not with a bang, but with a whimper." Grantham pointed to **Bitcoin's recent 52% decline from its all-time high of $126,080** set last October, despite strong economic conditions. In contrast, gold—a traditional store of value—has notched sizable gains during the same period, reaching a new all-time high above $5,500 per ounce earlier this year before pulling back. "You can’t depend on it in that way," he said of Bitcoin as a store of value. "People don’t use it to make serious trades, they don’t use it to buy their dinner and pay at the supermarket." Instead, Grantham argued that Bitcoin's primary use case is for illicit activity, saying it "allows crooks to move money around without leaving a trace," adding that it's "brilliant at that." However, Grantham did concede that the underlying **blockchain technology** could play a transformative role in the future, but made clear his comments were specifically about Bitcoin and other cryptocurrencies. Bitcoin has fallen 17% in the last month, recently trading at $60,529. Grantham's criticism echoes that of fellow billionaire Mark Cuban, who last month said he sold most of his Bitcoin, noting that it has underperformed gold and is "not the hedge I expected it to be."]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>jeremygrantham</category> <category>marketsentiment</category> <category>storeofvalue</category> <category>gold</category> <enclosure url="https://cdn.decrypt.co/resize/1024/height/512/wp-content/uploads/2025/09/Bitcoin-decrypt-style-24-gID_7.png" length="0" type="image/png"/> </item> <item> <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> <guid>polymarkets-annualized-revenue-skyrockets-past-1-billion-world-cup-and-us-launch-fuel-explosive-growth</guid> <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> <category>polymarket</category> <category>predictionmarkets</category> <category>revenue</category> <category>worldcup</category> <category>crypto</category> <enclosure url="https://image.cnbcfm.com/api/v1/image/108310001-1779301089316-gettyimages-2273141501-AFP_A9DR4CR.jpeg?v=1779301207&w=1920&h=1080" length="0" type="image/jpeg"/> </item> <item> <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> <category>meta</category> <category>ai</category> <category>businessagents</category> <category>stockanalysis</category> <category>technology</category> <enclosure url="https://www.investors.com/wp-content/uploads/2025/06/Stock-Meta-AIapp-shut.jpg" length="0" type="image/jpg"/> </item> <item> <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> <enclosure url="https://static.toiimg.com/thumb/msid-132020036,width-1280,height-720,resizemode-6,overlay-toi_sw,pt-32,y_pad-600/photo.jpg" length="0" type="image/jpg"/> </item> <item> <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> <category>bitcoinmining</category> <category>minerrevenue</category> <category>productioncost</category> <category>miningdifficulty</category> <category>marketsentiment</category> <enclosure url="https://www.tbstat.com/wp/uploads/2024/07/20240711_BitcoinMining_News_2-1200x675.jpg" length="0" type="image/jpg"/> </item> <item> <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> <category>supplyinloss</category> <category>long-termholders</category> <category>bearmarket</category> <category>glassnode</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/b7550dd65df2819f3a1db91d48d3333c77895b1f-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[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> <category>marketsentiment</category> <category>diamondhands</category> <enclosure url="https://s.yimg.com/lo/mysterio/api/131043C2A503DEE99A8977B0B4ADC715002ACB8F755B56762B686B22C506ACBC/subgraphmysterio/resizefill_w1200_h675;quality_80;format_webp/https:%2F%2Fmedia.zenfs.com%2Fen%2Fthestreet_881%2F61adb48ebedada00b4f8bf28fecdcf0f" length="0" type="image/com%2Fen%2Fthestreet_881%2F61adb48ebedada00b4f8bf28fecdcf0f"/> </item> </channel> </rss>