U.S. gross national debt crossed $39 trillion in mid-March, and debt held by the public stood at over $31 trillion. With the Congressional Budget Office projecting a $1.9 trillion deficit in fiscal 2026 and public debt rising to $56 trillion by 2036, Sen. Cynthia Lummis is pitching the proposed BITCOIN Act to have the Treasury acquire up to 1 million bitcoin over five years.

A hobbyist running a single Bitaxe device just won Bitcoin’s biggest lottery.

Ripple nearly shut down after the U.S. Securities and Exchange Commission (SEC) sued the company, with CEO Brad Garlinghouse considering whether to end operations, distribute XRP holdings to shareholders, and close the business.

Campbell Harvey, a Duke University finance professor, says an attack on Bitcoin that once looked economically self-defeating may now be financially viable because deep derivatives markets could let an attacker profit from the resulting price collapse.

Strategy Executive Chairman Michael Saylor says bitcoin could evolve into a global digital capital asset by 2036, becoming a foundation for reserve capital, institutional collateral, and high-value settlement while powering a new generation of financial products built on a stable base protocol.

Grayscale identified XRP as a “global payments” asset, placing the crypto token among digital assets the firm associates with specific financial and technological functions.

Saylor stressed that the real danger of this action is invalidating currently valid transactions, even as they pay mining fees. He has stressed that spam is not currently a problem for the Bitcoin network.

Gold fell 1.6% and silver dropped 4.3% this past week as a fragile U.S. jobs report and a fresh U.S.-Iran flare-up pulled precious metals in opposite directions within days of each other.

Bitcoin’s mining difficulty fell 5% on July 11, dropping to 127.17 trillion in the network’s 14th adjustment of 2026 and pulling the metric closer to its low for the year.

Michael Saylor outlined five risks facing bitcoin, arguing that the threats come not from bitcoin disappearing but from changes in financial structures, custody systems, regulation, and long-term network security.

Bitcoin traded a hair above $64,000 on July 12 at 11:30 a.m. EDT, as President Donald Trump declared a fragile ceasefire with Iran finished, adding a new layer of uncertainty to a market still climbing out of one of its worst months on record.

Coinbase’s chief policy officer pushed back against Senator Elizabeth Warren’s criticism of the CLARITY Act, arguing the crypto bill strengthens national security protections rather than creating sanctions risks.

Michael Saylor posted his signature orange-dot bitcoin chart after Strategy sold 3,588 BTC for $216 million, reigniting a familiar signal while casting fresh doubt over whether another buy is imminent or if the strategy itself is turning.

This editorial is from this week’s edition of the newsletter Week in Review, sen

For a brief stretch this year, the market seemed willing to believe that every megawatt with a fence around it could become an AI factory.