The Latest Breaking News from Bitcoin

Bitcoin (CRYPTO: BTC) critic and economist Peter Schiff issued warnings on Friday about America’s mounting debt crisis, linking current fiscal challenges to the 1971 decision that ended the gold standard. The warning comes as national debt has surged $9 trillion in four years to reach $37.09 trillion.

Leading cryptocurrency Bitcoin (CRYPTO: BTC) hit new all-time highs this week, topping the $124,000 level for the first time. Benzinga readers were asked whether they think the stock will hit $150,000 or $100,000 next.

Hines left his White House executive director post after starting almost seven months ago—and helping push through a crypto bill.

KULR Technology Group, Inc. (AMEX:KULR) shares are trading higher on Friday after the company reported better-than-expected second quarter financial results on Thursday after the market closed.

Cryptocurrencies continue to struggle after Thursday’s producer price inflation data release, which may have derailed crypto’s near-term prospects.

Norway's sovereign wealth fund sharply increased its indirect Bitcoin (CRYPTO: BTC) holdings in the second quarter, according to a Standard Chartered analysis of U.S. SEC 13F filings.

Citigroup Inc (NYSE:C) is considering offering custody and payment services for stablecoins, and protecting the underlying assets of cryptocurrency ETFs.

American Bitcoin, a U.S. cryptocurrency mining company backed by Donald Trump Jr. and Eric Trump, is reportedly looking to acquire Asian companies to bolster its Bitcoin reserves.

Cryptocurrency markets are trading lower early Friday morning, extending their downtrend after inflation data released on Thursday.