US Debt Tops $38.5T as Bitcoiners Mark Genesis Day

Published at 2026-01-03 20:45:08

On Jan. 3, 2026 U.S. federal debt crossed $38.5 trillion, a headline that landed as Bitcoin supporters observed Genesis Day, the anniversary of the inaugural block mined by the pseudonymous Satoshi Nakamoto on Jan. 3, 2009. The concurrence drew attention across social channels and industry events, with community posts, meetups, and commentary marking the 17th anniversary of the network's launch.

The juxtaposition is meaningful to many in crypto: rising government liabilities are often cited by proponents as context for Bitcoin’s capped 21 million supply and its appeal as an alternative monetary asset. While the debt milestone has macro implications for markets and policy, Genesis Day remains a cultural focal point that reignites discussions about digital scarcity, long-term adoption, and how crypto fits into broader economic debates.

Share on:

Related news

South Korea Supreme Court Rules Exchange-Held Bitcoin Is Seizable

South Korea’s Supreme Court held that bitcoin stored on cryptocurrency exchanges can be seized in criminal investigations, treating virtual assets as property under criminal procedure law. The decision clarifies how exchanges must respond to law enforcement requests and could speed recovery of criminal proceeds.

Wall Street Banks Go All-In on Bitcoin, Stablecoins, and Tokenized Cash

Major Wall Street banks are shifting infrastructure onchain, rolling out tokenized deposits, backing stablecoins, and supporting spot Bitcoin exposure. The move marks a broad institutional embrace of crypto primitives within traditional finance.

Morgan Stanley Reportedly Launching Proprietary Crypto Wallet

Morgan Stanley is reportedly developing its own proprietary digital wallet as part of a broader push into digital assets ahead of 2026. The move follows the bank’s announcement that it plans to launch a bitcoin ETF, which would mark a first for a major U.S. bank.

Bitcoin Rises After Weak U.S. Jobs Report, Traders See Fed Holding Rates

Bitcoin climbed after December’s U.S. jobs report showed weaker-than-expected payrolls growth and a softer unemployment reading, boosting bets that the Fed will pause rate hikes. Markets are treating the news as supportive for risk assets but remain watchful for further macro signals.

Published at 2026-01-09 14:15:08
Florida Lawmakers Propose State-Run Bitcoin Reserve Bill

Florida lawmakers introduced a bill on Jan 9 proposing a state-run Bitcoin reserve to diversify the treasury and hedge against inflation. If passed, the measure would make Florida one of the first U.S. states to hold BTC on its balance sheet.

Published at 2026-01-09 06:15:08