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This week's biggest Bitcoin news

Bitcoin had a loaded week. Here are my 5 favorite things I came across:


1. **Bitcoin ownership just passed gold ownership in the US**, for the first time ever. More Americans now hold Bitcoin than hold gold.
2. **BlackRock, Strategy, Coinbase, and six other major firms pledged $15 million** to fund the open source developers who secure Bitcoin's code. Big focus is preparing Bitcoin for quantum computing threats down the road.
3. **Kazakhstan approved a national Bitcoin reserve** funded directly by its own miners. Miners get cheap locked-in power, the government takes a cut of what's mined.
4. **Russia passed its first real crypto law**. Doesn't make Bitcoin legal tender there, but it does open a state approved lane for using crypto in foreign trade, basically a workaround for sanctions.
5. **Two big names shut down.** BitMEX (a major exchange, 11 years in business) is closing for good. Poolin (once one of the biggest Bitcoin mining pools on Earth) filed for bankruptcy. Same week.


Full breakdown with sources, free, no paywall: https://orangenest.beehiiv.com/p/5-sats-sunday-july-26th-2026
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