America has just recorded its GDP data on nine blockchains, opening a bold new era of transparent, tamper-proof federal reporting that strengthens the role of cryptocurrencies in the economic infrastructure.

Mining

Mining company Hut 8 has announced the launch of four new sites in the US states of Texas, Illinois, and Louisiana.

Lutnick explained that this should enhance the transparency of published information, which will remain immutable on the blockchain. The Department of Commerce made this decision as part of President Donald Trump’s initiative to make the U.S. the world’s crypto capital.

Federal Reserve Vice Chair Michelle W. Bowman urged regulators to integrate blockchain technology and digital assets into the banking system during her remarks at the Wyoming Blockchain Symposium 2025 on Tuesday.

U.S. exchange-traded funds (ETFs) investing in Ethereum currently hold 6.3 million ETH worth about $26.7 billion. This accounts for 5.08% of the total supply of the leading altcoin, according to data from analytics platform Blockchain.

Institutional investors remain surprisingly optimistic about Bitcoin, deploying capital to buy every time the cryptocurrency’s price declines.

The Treasury Secretary described this approach as providing a “budget-neutral expansion” of the cryptocurrency reserve fund and supporting the official policy of Donald Trump’s administration to recognize Bitcoin as part of the nation’s assets alongside gold and oil.

The US Producer Price Index (PPI) for July rose by 0.9% compared to the previous month — the largest monthly increase since May 2022. On an annual basis, the index grew by 3.3%, significantly exceeding Wall Street’s forecast of around 2.5%.

US Treasury Secretary Scott Bessent confirmed that the US government holds a relatively small amount of Bitcoin (BTC), valued between $15 billion and $20 billion — significantly less than previous estimates of $23 billion.

A coalition of leading banks and financial firms has successfully executed the first on-chain transaction for financing U.S. Treasury bonds using the Canton Network blockchain platform. Key participants included Bank of America, Citadel Securities, Societe Generale, DTCC, and Tradeweb.

The U.S. federal debt has reached a record $37 trillion, reinforcing assumptions that the growing deficit and potential increase in money supply could contribute to Bitcoin’s rise to $132,000 by the end of the year.

Other

After five years of a protracted legal battle between the US Securities and Exchange Commission (SEC) and Ripple, the case has finally come to an end.

Bitcoin fell on Tuesday, sharply reversing its weekend gains, as risk appetite eased ahead of key U.S. inflation data — largely offsetting optimism about more favorable regulation in the country.

Over the past two days, traders on the Polymarket prediction platform have lowered their odds for spot XRP-ETF approval from 86% to 62%.

The price of the leading cryptocurrency surpassed $117,000 after U.S. President Donald Trump signed a new executive order on retirement savings.

Acting CFTC Chair Caroline Pham explained that the Commodity Exchange Act requires retail commodity trading using leverage, margin, or financing to be conducted only on regulated Designated Contract Markets (DCMs).