<?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>Mon, 15 Jun 2026 23:00:03 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[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> <item> <title><![CDATA[Only 2 Cryptos Worth Buying in This Bear Market: Here's Why]]></title> <link>https://www.bitcointoday.app/article/only-2-cryptos-worth-buying-in-this-bear-market-heres-why</link> <guid>only-2-cryptos-worth-buying-in-this-bear-market-heres-why</guid> <pubDate>Sun, 14 Jun 2026 07:01:10 GMT</pubDate> <description><![CDATA[Crypto bear markets tend to clarify which coins have actual value and which were largely (or entirely) vapor. But even strong assets suffer; **Bitcoin** is currently worth about half what it was at its October 2025 peak, and many of the convictions I held coming into 2026 haven't survived. There are only two cryptocurrencies I'm comfortable buying in the current environment. One is built not to change, and the other is built to route real cash flow back to holders. Let's take a look at both, and I'll explain my thinking. ## Bitcoin's Fundamentals Are the Same as Ever Regardless of whatever price action it may experience, Bitcoin's strength is that only **21 million BTC** will ever exist, and the next halving in 2028 will cut its new issuance from mining yet again, constricting its supply and forcing new buyers to compete with each other via higher prices. This is the same story as always. Despite how many times people have predicted that the asset is really finally dead this time, so far it has always made a brisk comeback (eventually). That isn't to say holders need to enjoy the coin's short-term price movements when they occur. And as a result of new classes of holders buying and holding the coin, its volatility and distribution are today meaningfully different from the past, which could ultimately be a drag on its future returns. **Strategy**, formerly known as MicroStrategy, now holds **845,256 BTC**, around 4% of the asset's total possible supply. Still, most digital asset treasury (DAT) companies that copied the Strategy playbook have paused purchases or begun trimming their positions. Nonetheless, a fixed supply being drawn from by any persistent buyer pool is enough to bias long-term prices to the upside. For someone with patience, the coin's supply policies will eventually deliver returns. That's why I'll continue to accumulate it. ## Hyperliquid Is a Token for Investors Who Like to Get Capital Returned **Hyperliquid** is a decentralized trading platform that offers perpetual futures -- derivatives that mimic spot exposure but never expire -- and it handled around **$237.2 billion** in perp volume over the past 30 days. The platform's value capture mechanism is the main reason I hold it through **Hyperliquid Strategies**, a digital asset treasury company that accumulates Hyperliquid's token, Hype. Hyperliquid itself routes **99% of the trading fees** it collects into buying back Hype on the open market. Then, the purchased tokens are burned, thereby creating a supply sink that has consumed more than **$2 billion** in value since the mechanism's launch in January 2025, and **$176.2 million** in Q1 of 2026 alone. The other reason I'm comfortable with getting more exposure to Hyperliquid is that it's expanding into new markets, and it's bringing the same decentralized approach there, too. For instance, it now hosts prediction markets similar to Polymarket or Kalshi, as well as trading in tokenized versions of stocks, commodities, and international currencies. So, its fee revenue has a shot at increasing over the long run, and with that, so will its token buybacks. Nonetheless, there are some issues on my radar. In particular, a large majority of the token's possible supply has yet to circulate, with monthly unlocks running through 2027, so the pace of token buybacks must outpace the rate of dilution from those unlocks for the investment to be successful. That hasn't been a problem so far. The other factor I'm watching closely is that Hyperliquid's competition is strong, and moving fast to contest its market share. Regulators approved **Kalshi's first U.S.-regulated Bitcoin perpetual future** on May 29. **Robinhood Markets** is widely expected to follow, and it won't be the last player to arrive on the scene either. So if trading volume migrates to those regulated futures trading venues, Hyperliquid's lead -- a **56% market share** of decentralized perpetual futures contract volumes, up from 24% at the start of the year -- might be harder to hold. In closing, these two coins are the only cryptocurrencies I want to be buying right now, but that could change. If Hyperliquid's buyback policy is weakened, I'll strongly consider selling it. For Bitcoin, there's not much that would force me to sell it, and it'd take some serious turbulence to stop me from wanting to accumulate it over time.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>hyperliquid</category> <category>hype</category> <category>cryptobearmarket</category> <category>decentralizedfinance</category> <enclosure url="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F874095%2F3-investors-gather-around-a-laptop.jpg&w=1200&op=resize" length="0" type="image//image/"/> </item> <item> <title><![CDATA[Trump Family's Crypto Venture Pays UFC Fighters in Stablecoins at White House Event]]></title> <link>https://www.bitcointoday.app/article/trump-familys-crypto-venture-pays-ufc-fighters-in-stablecoins-at-white-house-event</link> <guid>trump-familys-crypto-venture-pays-ufc-fighters-in-stablecoins-at-white-house-event</guid> <pubDate>Sun, 14 Jun 2026 14:01:10 GMT</pubDate> <description><![CDATA[The Ultimate Fighting Championship (UFC) has announced it will pay bonuses to fighters in **USD1 stablecoins** issued by **World Liberty Financial**, a cryptocurrency venture co-founded by **Donald Trump** and his sons. The payments are tied to the heavily publicized **White House mixed martial arts event** scheduled for June 14, Trump's birthday. ## Conflict of Interest Concerns The development links the Trump family's financial interests to a high-profile competition promoted on government property. White House spokesman Davis Ingle denied any conflict, stating Trump's assets are in a trust managed by his children. ## World Liberty Financial's Role World Liberty Financial, co-founded by Trump and his sons alongside the Witkoff family, has emerged as a major crypto venture. Trump's financial disclosure lists his holdings as over **$50 million**. The company is an official sponsor of UFC Freedom 250 and created a **$250,000 bonus pool** paid in USD1 stablecoins. ## Controversies and Legal Issues World Liberty has faced controversies over its governance token and is in litigation with crypto tycoon **Justin Sun**, who sued the company for freezing his tokens. The USD1 stablecoins are separate and backed by dollar reserves. The firm has also applied for a banking license. ## Expert Opinion Todd Phillips, a crypto expert at Klaros Group, called the move "advertising," noting that paying fighters in USD1 serves to promote the stablecoin rather than providing any unique economic benefit.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>ufc</category> <category>worldlibertyfinancial</category> <category>trump</category> <category>stablecoins</category> <category>whitehouse</category> <enclosure url="https://i.guim.co.uk/img/media/28981dac6963fc574a1b4e70dfd6d038be12464c/652_0_6523_5218/master/6523.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&precrop=40:21,offset-x50,offset-y0&overlay-align=bottom%2Cleft&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctZGVmYXVsdC5wbmc&enable=upscale&s=853365a0829c1712db887bee607da3b4" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Meet Helios: The Four-Armed Robot That Could Save Space Stations $140,000 an Hour]]></title> <link>https://www.bitcointoday.app/article/meet-helios-the-four-armed-robot-that-could-save-space-stations-140-000-an-hour</link> <guid>meet-helios-the-four-armed-robot-that-could-save-space-stations-140-000-an-hour</guid> <pubDate>Sun, 14 Jun 2026 20:01:31 GMT</pubDate> <description><, a four-armed humanoid from Swiss startup Orbit Robotics built for the hand-over-hand realities of microgravity. With no legs and **28 degrees of freedom**, it clings, steadies, and still keeps spare limbs for wrench work and cargo unloading on space stations. The goal is pragmatic: handle maintenance and transport tasks autonomously or by remote control, so astronauts can focus on science. If it delivers, every hour it works could offset the roughly $140,000 price tag of astronaut labor. ## A robot built for space-first functionality Every so often, a design choice feels obvious once you see it. Orbit Robotics, a Swiss startup, has introduced Helios, a humanoid robot tailored for microgravity. No legs, four arms, station-ready. It is built for life inside orbital habitats, the kind NASA and its partners keep supplied and running. Think maintenance checklists, cargo transfers, and the routine work that keeps science humming. Helios stands apart by treating zero gravity as the default, not an afterthought. In place of walking, it moves **hand over hand**, anchoring to rails and bulkheads while freeing two arms for the task at hand. The company positions it as an assistant for repetitive jobs that consume astronauts’ hours yet rarely require a human’s judgment. ## How Helios was brought to life Founded in late 2025 out of a Swiss research ecosystem, Orbit Robotics spent its first months building for one environment: space stations. The team publicly introduced Helios in a video released on May 20, 2026, spotlighting a machine that trades terrestrial symmetry for orbital pragmatism. The message was clear: optimize for the station, not for sidewalks. The startup says it is prioritizing tasks space crews actually face, from routine inspections to cargo stowage. That focus aligns with a broader industry shift as commercial stations and servicing missions move from concept to schedules, including efforts tied to post-ISS planning in the US. ## Design tailored to zero-gravity operations Legs are inefficient in microgravity. Helios uses **four coordinated arms** to move, stabilize, and work. Two arms can clamp to structure, two can manipulate tools or payloads. The robot can operate autonomously for set routines or accept remote control for complex procedures (teleoperation latency is manageable in low Earth orbit). This approach reduces the jostling that can complicate fine tasks in a cramped module. It also mirrors how astronauts already move inside the International Space Station, only with a machine that does not tire during long, repetitive shifts. ## Inside the specs: what makes Helios work Helios is compact at 5.2 feet tall (160 cm) and 70 pounds (32 kg), using aluminum alloy and carbon fiber. It offers **28 degrees of freedom**, including 14 in dexterous hands, for precise handling. Power comes from electric actuators with tendon-based transmissions, concentrating motors near the shoulders to keep moving limbs light. Runtime is **3 hours per charge**. Transit speed tops 1.2 miles per hour (2 km/h), plenty for station interiors. The package targets the balance between endurance, agility, and safe interaction with delicate hardware. ## The economic case for space robotics Astronaut time is scarce and expensive. By some estimates, it runs about **$140,000 per hour**, a figure that balloons when hours stretch into cargo unloading or filter swaps. Helios is built to shoulder those chores so crews can focus on research and mission-critical work. As commercial stations and lunar infrastructure plans advance, tools that turn checklists into background tasks could shape costs and schedules. This is the case for Helios: not a sci-fi helper, but a practical co-worker tuned for orbit’s everyday jobs.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>spacerobotics</category> <category>helios</category> <category>orbitrobotics</category> <category>spacestation</category> <category>automation</category> <enclosure url="https://static.news.bitcoin.com/wp-content/uploads/2026/06/a-four-armed-robot-for-zero-gravity-work-could-save-140000-an-hour.png" length="0" type="image/png"/> </item> <item> <title><![CDATA[Coinbase Lets AI Agents Trade Your Crypto: Genius or Gambling?]]></title> <link>https://www.bitcointoday.app/article/coinbase-lets-ai-agents-trade-your-crypto-genius-or-gambling</link> <guid>coinbase-lets-ai-agents-trade-your-crypto-genius-or-gambling</guid> <pubDate>Fri, 12 Jun 2026 20:01:10 GMT</pubDate> <description><![CDATA[Crypto exchange giant **Coinbase** has announced the launch of **Coinbase for Agents**, allowing users to hand control of their trading accounts to **AI agents**. These agents can trade, pay, and run financial workflows within user-set limits. ## How It Works Users can connect an AI agent directly to a Coinbase account via an MCP or command-line interface. The agent can rebalance portfolios, set limit orders during market drops, monitor idle cash, or buy premium data for trading strategies. Crypto spot and derivatives trading are enabled at launch, with stocks, index funds, prediction markets, and commodities on the roadmap. ## The Risks Letting an AI trade with real money is a **"what could go wrong?"** scenario. Robinhood, which launched similar features, warns that agentic trading can involve **"the possible loss of your entire investment."** Crypto's volatility amplifies the risk, with memecoins and smaller tokens resembling gambling more than investing. ## Is the Crypto-AI Hype Real? A recent survey found the **Crypto x AI overlap remains early and largely unproven**. While AI agents prefer bitcoin for long-term storage and stablecoins for payments, Coinbase's centralized, regulated platform undermines the "permissionless" narrative. Moreover, Coinbase's past pushes (like creator coins) haven't always made sense, and Strategy surpassed Coinbase's market cap by simply **buying bitcoin**. ## Security Concerns **Manuel Aráoz**, co-founder of OpenZeppelin, now considers **all of DeFi unsafe** because coding agents are superhuman at finding vulnerabilities, while defenders must fix everything and attackers need only one bug.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>coinbase</category> <category>aiagents</category> <category>cryptotrading</category> <category>defi</category> <category>security</category> <enclosure url="https://gizmodo.com/app/uploads/2026/06/Coinbase-Fartcoin-1200x675.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Trump's Iran Peace Signal Sparks Bitcoin Rally: Is the Crypto Bloodbath Over?]]></title> <link>https://www.bitcointoday.app/article/trumps-iran-peace-signal-sparks-bitcoin-rally-is-the-crypto-bloodbath-over</link> <guid>trumps-iran-peace-signal-sparks-bitcoin-rally-is-the-crypto-bloodbath-over</guid> <pubDate>Fri, 12 Jun 2026 07:01:28 GMT</pubDate> <description><![CDATA[Bitcoin has rebounded above **$63,000** after a week of intense selling, driven by a sudden de-escalation in the conflict with Iran. President Donald Trump signaled an end to the war, saying he had "ended the war with Iran today," which triggered a broad market rally. Global markets reacted positively: **Brent crude oil dropped 2%** to around $88.50 a barrel, while **gold and silver prices surged**. Asian stock indexes posted their biggest gains in months, with South Korea's Kospi rising 8.4% and MSCI's Asia Pacific index gaining 3.5%. US stock futures also pointed higher. The crypto market saw a broad bounce. **Ether rose 1.3%** to $1,673, **BNB gained 1.5%** to $602, and **Solana added 3.0%** to $67. XRP and Dogecoin each rose more than 2%. Hyperliquid's HYPE led the majors, up 7.6% on the day, though it remains the weakest over the week. TRON was the only decliner, down 2.0%. A calmer Middle East reduces pressure on oil prices, which in turn eases inflation fears that had fueled expectations of higher interest rates. This rate fear had been a key factor dragging down crypto and gold earlier in the week. Attention now turns to **SpaceX's IPO** on Nasdaq, the largest ever at $75 billion, with pre-listing markets pricing a debut pop of at least 35%. Bitcoin is up 1.4% over the past seven days, a sharp reversal from touching bear-market lows earlier in the week. The sustainability of this bounce hinges on a formal Iran deal, which Trump said could be signed in Europe this weekend.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>iran</category> <category>globalmarkets</category> <category>geopolitics</category> <category>cryptorally</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/6ff371ab9765f78e75b1f20ec18d05af8cc0fb85-4000x2250.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Bitcoin Plunges into Deep Bear-Market Zone: The Real Pain Is Just Beginning]]></title> <link>https://www.bitcointoday.app/article/bitcoin-plunges-into-deep-bear-market-zone-the-real-pain-is-just-beginning</link> <guid>bitcoin-plunges-into-deep-bear-market-zone-the-real-pain-is-just-beginning</guid> <pubDate>Thu, 11 Jun 2026 07:01:28 GMT</pubDate> <description><![CDATA[Bitcoin has entered a valuation territory historically seen only during the deepest bear markets, and analysts warn the worst may still be ahead. ### **Capitulation Signals Flash Red** Two widely watched gauges indicate capitulation: Bitcoin is trading near its **200-week moving average**, placing it in the bottom 10% of historical valuation. The **Crypto Fear and Greed Index** has sunk to **9**—deep in 'extreme fear' territory—down from 48 just a month ago. > "Bear market bottoms are a process, not an event. First, price-sensitive investors capitulate. Then comes the harder phase: months of sideways action that slowly wear down the conviction of those who remain." — @_Checkmatey_ ### **Market Snapshot** Bitcoin briefly broke below **$60,000** for the first time since 2024, currently trading at $62,623. Other major cryptocurrencies also saw modest bounces but remain lower over the week: - **Ether**: $1,651 (+1.4% daily, -6.5% weekly) - **BNB**: $595 (+1.3%) - **Solana**: $65 (+0.9%) - **Dogecoin**: $0.085 (+1.1%) - **XRP**: $1.12 (-0.3% daily, -7.5% weekly) ### **Macro Headwinds Intensify** U.S. inflation came in hot: **CPI rose 0.5% month-over-month** and **4.2% year-over-year**, the fastest annual pace since early 2023, driven by energy costs from the Iran conflict. Core CPI rose only 0.2%, offering a sliver of hope. Regulatory optimism is fading: Polymarket odds of the **Clarity Act passing in 2026** dropped from 62% to 48% this week. All eyes are now on the **FOMC meeting June 16–17**, where Fed Chair Warsh's tone could determine whether Bitcoin bounces toward $68–72K or breaks below $60K. ### **Global Risk-Off Sentiment** Equities fell to a one-month low as tech stocks sold off and U.S. forces struck targets in Iran, collapsing the April ceasefire. The ECB is expected to raise rates for the first time since September 2023, adding to global tightening fears. **Bottom line**: While valuation metrics suggest we're near a bottom, the path to recovery may be long and grinding. Capitulation is just the first step.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>bearmarket</category> <category>capitulation</category> <category>inflation</category> <category>fearandgreedindex</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/e218f7d1216239a2ac23f336359e79c2c77091ff-2560x1267.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Quantum Clock Ticking: Why Bitcoin Faces Greater Risk Than Ethereum]]></title> <link>https://www.bitcointoday.app/article/quantum-clock-ticking-why-bitcoin-faces-greater-risk-than-ethereum</link> <guid>quantum-clock-ticking-why-bitcoin-faces-greater-risk-than-ethereum</guid> <pubDate>Wed, 10 Jun 2026 20:01:27 GMT</pubDate> <description><![CDATA[A recent research note from Citi analysts confirms what many in the crypto space have feared: **quantum computing poses a significantly greater risk to Bitcoin than to Ethereum**. The gap isn't just technological—it's also about governance. ## Why Bitcoin is Exposed Bitcoin's security relies on **elliptic curve digital signature algorithms**. When a transaction is broadcast, the public key is briefly exposed on-chain. A quantum computer running Shor's algorithm could, in theory, derive the private key in minutes. A Google Quantum AI paper, in collaboration with Stanford and the Ethereum Foundation, estimated that a quantum computer with fewer than **500,000 physical qubits** could break Bitcoin's cryptography in about **nine minutes**—and the computing power needed is 20 times lower than previously thought. Nic Carter, co-founder of Coin Metrics, has warned that quantum computing is "the biggest long-term risk to bitcoin's core cryptography" and that developers are "sleepwalking towards collapse." He estimates a quantum computer could break elliptic curve cryptography as early as **2028**, potentially exposing **6.9 million BTC** in legacy wallets and Taproot outputs. ## Bitcoin's Governance Problem Bitcoin's governance is intentionally conservative, making upgrades extremely slow. SegWit took **8.5 years** from conception to adoption; Taproot took **7.5 years**. The current quantum proposals, BIP-360 and BIP-361, are still in draft or early testnet stages. A full transition to post-quantum signatures would be the most contentious change Bitcoin has ever attempted, and most Bitcoin Core developers have shown limited urgency. ## Ethereum Has Already Acted Ethereum's approach to quantum resistance is a **structured roadmap already in execution**, built on NIST post-quantum cryptography standards finalized in August 2024. The Pectra upgrade (May 2025) introduced EIP-7702, allowing individual accounts to switch to quantum-safe signatures voluntarily. The upcoming Hegotá hard fork (H2 2026) embeds this further at the protocol level, with milestones targeting completion of core post-quantum infrastructure by approximately **2029**. ## The Institutional Calculus For corporate treasurers and sovereign wealth managers, quantum risk is no longer a tail scenario. Governments are already acting: U.S. federal agencies faced an April 2026 deadline for post-quantum transition plans, the EU targets 2030, and the G7 published a coordinated roadmap in January 2026. The author, Samir Tabar, who sold Bit Digital's Bitcoin holdings and built one of the largest corporate Ethereum treasuries, argues that Ethereum is the more adaptive, capable, and durable asset. He concludes: "Ethereum is the asset whose architecture was built to survive what is coming."]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>quantumcomputing</category> <category>bitcoinrisk</category> <category>ethereum</category> <category>cryptogovernance</category> <category>post-quantumcryptography</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/34f87cc0ab8b34f6b3272af6d392caf1f8795bef-6000x4000.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Crypto Bloodbath: Over 8 Million BTC Underwater as Capitulation Intensifies]]></title> <link>https://www.bitcointoday.app/article/crypto-bloodbath-over-8-million-btc-underwater-as-capitulation-intensifies</link> <guid>crypto-bloodbath-over-8-million-btc-underwater-as-capitulation-intensifies</guid> <pubDate>Wed, 10 Jun 2026 14:01:24 GMT</pubDate> <description><![CDATA[The crypto market's 2026 drawdown, driven by Bitcoin's lackluster performance, has weighed heavily on most altcoins—borne out by on-chain data. Nearly half of Bitcoin’s circulating supply was in profit at the cycle peak. That has dropped sharply, with **over 8 million BTC sitting underwater**, “highlighting the scale of the recent market reset,” Glassnode posted Tuesday. A similar conclusion can be drawn for **Ethereum**, the second-largest cryptocurrency by market capitalization. “The share of Ethereum supply sitting at more than 3x profit has dropped to **11%**, the lowest reading since February 2017,” Glassnode wrote. Compared to the last two cycles, that cohort exceeded 50% of the total supply at peak. “This time, that threshold was never reached. Ethereum’s profitability profile has fundamentally compressed relative to prior cycles,” the on-chain analytics firm said. Both Bitcoin and Ethereum are down roughly 31% and 46% in 2026, according to CoinGecko data. **XRP’s** year-to-date performance shows it is down 41%, doing slightly better than Ethereum, but XRP holders’ profits and network adoption have tanked sharply. The 90D-SMA of XRP's Realized Profit to Loss Ratio has fallen to **0.38**, indicating that for every dollar of loss being realized in the market, only 38 cents of profit is being taken. “At the 2025 peak, this ratio reached 50, meaning profit-takers were overwhelming loss-sellers by a factor of 50x,” Glassnode wrote. “That dynamic has fully inverted. A ratio this deep below 1 reflects a market where the majority of participants who are moving coins are doing so at a loss, a hallmark of **intense capitulation**.” Periods of market stress often reveal how investors think about risk and time horizon, according to Gracy Chen, CEO of Bitget. “We're seeing a meaningful portion of the market sitting on unrealized losses, which historically has coincided with lower sentiment and greater caution,” Chen told Decrypt. “For long-term participants, these periods can be useful for reassessing conviction and portfolio positioning rather than reacting purely to short-term price movements.” On a similar trajectory, the 90D-SMA of total fees paid on the XRP network has also fallen **91.5%** from 5,900 XRP in Feb 2025 to roughly 500 XRP today, suggesting a “near-total contraction in organic transaction demand on the network since the speculative peak.” ## What’s next for altcoins? Most altcoins are down over 50% to 80% from their all-time highs, indicating a sustained downtrend amid geopolitical uncertainty. However, a few select altcoins like **Hyperliquid**, driven by fundamentals, and privacy coins **Zcash** and **Canton**, continue to outperform the rest of the altcoin complex, Decrypt previously reported. “What is becoming clearer is that this bear market is accelerating a shift from narrative-driven tokens toward **cash-flow-generating protocols**,” Matthew Pinnock, COO at Altura DeFi, told Decrypt. “Hyperliquid's success has shown that investors are increasingly valuing tokens like tokenized equity, rewarding projects with revenue, buybacks, and strong product-market fit. The market is becoming far less tolerant of dilution and far more focused on fundamentals.” Chen agreed, noting that the market is becoming more discerning, explaining that investors are “now paying closer attention to actual product usage, revenue generation, token utility, and alignment between communities rather than pure hype.” Despite Bitcoin’s sustained correction in 2026, which led to altcoin capitulation amid geopolitical uncertainty, experts don’t believe the bottom is in yet. “This correction feels less like a collapse in crypto adoption and more like a **repricing of risk**,” Pinnock said, underscoring a potential bright side to the otherwise pessimistic sentiment pervading the crypto ecosystem. “Historically, these periods are when future winners separate themselves from the field,” he explained, adding that when liquidity returns, capital could “concentrate into a smaller group of assets that can demonstrate durable revenue rather than simply relying on exchange listings, token unlock schedules, or venture-backed narratives.” Bitcoin is down 2.4% over the past 24 hours and is hovering at around $61,080. Users on prediction market Myriad, owned by Decrypt’s parent company Dastan, reflect its gloomy outlook, assigning the leading crypto’s next move to $55,000 a **75% chance**, up from 61% on June 1.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>ethereum</category> <category>xrp</category> <category>capitulation</category> <category>bearmarket</category> <enclosure url="https://cdn.decrypt.co/resize/1024/height/512/wp-content/uploads/2026/01/bitcoin-ethereum-decrypt-style-new-01-1-gID_7.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[NYC Hotel Room Rates Set to Skyrocket as Housekeepers Earn $100K+]]></title> <link>https://www.bitcointoday.app/article/nyc-hotel-room-rates-set-to-skyrocket-as-housekeepers-earn-100k</link> <guid>nyc-hotel-room-rates-set-to-skyrocket-as-housekeepers-earn-100k</guid> <pubDate>Wed, 10 Jun 2026 07:01:28 GMT</pubDate> <description><![CDATA[New York hotel rates face fresh pressure as union wages top $100K, raising costs ahead of the **2026 World Cup**. ## Key Takeaways - New York hotels avoided a strike; union pay rises 50%, with **$61/hour** targeted by 2034. - Manhattan room rates near **$500-$600** could climb another **50%-60%** as costs increase. - Bank of America data signals softer travel demand ahead of the 2026 World Cup. ## Skyrocketing Costs in New York Hotels Room rates were already elevated after a post-pandemic rebound. According to CoStar, the average daily rate in 2023 was **$334 citywide**, while standard rooms in Manhattan routinely clear **$500 to $600** after taxes and fees. Operators say expenses are up across the board, leaving little room to maneuver. Several owners expect higher prices to be the only viable path to preserve margins as costs climb. ## A Labor Deal That Reshapes the Industry New York hoteliers struck a deal that averted a strike and raised pay for unionized staff. **Housekeeping wages** are set to climb roughly **50% over eight years**. By 2034, hourly pay would top **$61**, and per the progression, full-time housekeepers could earn **$100,000 to $110,000 annually by 2032**. The shift is historic for the sector. Owners now project operating costs to increase by double digits, which typically feeds directly into nightly rates. ## Luxury Hotels Versus Budget Challenges Top-tier properties believe their guests will swallow steeper bills for location and amenities. Midscale and budget hotels have less cushion. Rates above **$500 in Manhattan** already squeeze family travel and price-sensitive visitors. The **Bank of America Institute** has tracked softer spending among lower-income households on airfare, lodging, and leisure, a trend that threatens occupancy for hotels relying on domestic travelers looking for deals. ## External Economic Pressures on Tourism International travel has felt the pinch from higher fuel costs, selective airline capacity cuts, and jittery consumers reacting to geopolitics. Some boutique hotels report weaker inbound traffic relative to expectations. That complicates planning for the **2026 tournament**. Expensive flights and premium match tickets may blunt the hoped-for surge in June, even with New York and New Jersey hosting multiple games. Many hoteliers are cautiously targeting pricing closer to a typical summer until bookings firm up.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>nychotels</category> <category>wageincrease</category> <category>travelcosts</category> <category>worldcup2026</category> <category>hospitalityindustry</category> <enclosure url="https://static.news.bitcoin.com/wp-content/uploads/2026/06/nyc-hotel-prices-surge-as-one-back-of-house-role-heads-past-100000-a-year.png" length="0" type="image/png"/> </item> </channel> </rss>