CoinDesk Podcast Network BTC ATH Sends Satoshi's Bag to the Moon; Crypto Week Starts in Congress | COINDESK DAILY
Jul 14, 2025
Bitcoin's price has skyrocketed to over $122,000, making its creator Satoshi Nakamoto one of the wealthiest individuals in the world. The rise in BTC has spurred excitement in the crypto market, signaling a green wave for investors. Meanwhile, Congress is gearing up for 'Crypto Week,' with expectations of new legislation affecting the industry. Additionally, innovative privacy solutions like Midnight are emerging, allowing users to manage their data securely while leveraging blockchain technology.
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Bitcoin Hits New Record High
- Bitcoin climbed above $122,000 for the first time, surpassing gold as this year's best-performing asset.
- Bitcoin's creator, Satoshi Nakamoto, became nearly the world's 10th richest person due to the price surge.
Congress' Crypto Week Begins
- Congress begins "Crypto Week" to clarify digital asset regulations with three key bills.
- The bills likely to pass include ones on market structure, stablecoins, and banning a US CBDC.
Midnight Blockchain Enhances Privacy
- Midnight blockchain enhances privacy by enabling selective disclosure without exposing data on-chain.
- It allows dApps to give users utility without compromising privacy.