A bitcoin address that sat untouched for seven years moved 2,931 BTC worth $188 million to a new wallet on Sunday. Hours later, onchain analysts flagged a separate whale that has now converted 17,385 ETH, roughly $31 million, into 496.3 BTC.

The Digital Asset Market Clarity Act faces a decisive stretch as the U.S. Senate returns from recess on Monday with roughly 20 working days left before the Aug. 7 break. The coming days should bring “further clarity” on the bill’s status alongside fresh inflation data and Federal Reserve speeches.

Blackrock now manages $2.93 billion in tokenized assets onchain, with Ethereum leading the pack ahead of Avalanche, Solana, and BNB Chain.

Attackers seized the official X accounts of SpaceXAI and Starlink on Sunday to promote a memecoin called Scam Altman (SCATMAN), which briefly touched a $32 million market cap on Robinhood Chain. Lookonchain noted the hacker minted 10 trillion tokens and dumped them for about $135,000 in ether.

Bitcoin is trading around $63,000, down 2% over the last 24 hours, as the United States launched a third round of strikes on Iran and Tehran declared the Strait of Hormuz closed “until further notice.” Brent crude surged 4.5% as weekend futures trading opened.

The report stresses that “The Merge,” a foundational change in Ethereum’s consensus mechanism, reduced energy demand by 3.5 orders of magnitude, scaling down a network that required energy equivalent to a small nation-state like Iceland before the new proof-of-stake consensus change.

South African mayor recently joined the metro police in a targeted night operation to impound luxury vehicles driven by self-proclaimed cryptocurrency and forex “traders” operating with fake or missing registrations.

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.