NO MORE JUICE LEFT TO SQUEEZE - The HardBlock Easy Bitcoin Newsletter


Welcome to Easy Bitcoin - the easiest way to digest all the best bits of Bitcoin each fortnight (cos we hate spam too)...

PRICE + NETWORK STATS

BTC Price: TODAY: ~$91,000

(approximate live range ~A$89,000–A$92,000 based on recent exchange data)

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LAST TIME: ~$91,000 (Last Newsletter)​
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LAST YEAR: ~$177,000 (1 Year Ago)

*Historical references are approximate and used for narrative comparison.

Despite headwinds, Bitcoin clawed its way back toward the $92,000 Dollarydoo neighbourhood after slightly soggy sideways stumble, notching its first seven-day climb since March along the way. Still a long way below last year’s frothy highs, but this remarkable orange thing is at least showing signs of life again.
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What is absolutely clear is that blocks keep coming, transactions keep settling, and the network remains deeply uninterested in anyone’s feelings, especially yours.

Stuff your feelings in a sack and just keep stacking 🥞

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Bitcoin Market Cap: ~A$1.78 trillion
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Money Supply: ~20,054,260 BTC
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Percentage Issued: ~95.49%

Only ~4.51% BTC left to be mined!

Hashrate: ~906 EH/s
​Difficulty:👇~3.70% on 11th July 2026

⚒️ Learn more about Bitcoin mining ⚒️

92K REBOUND + NETWORK ATH

Price gets the headlines, but network activity tells us whether Bitcoin is actually being used. This week gave us a bit of both: a sharp market rebound and a new high in confirmed on-chain transactions...

Bitcoin bounced strongly this week, climbing back above $92,000 after briefly trading in the low $90,000s. By July 6, the price had pushed to around $92,641, extending a recovery that followed several days of renewed buying interest.

The move also coincided with a notable on-chain milestone. Bitcoin’s 30-day average of confirmed daily transactions reportedly reached a new all-time high of 673,822 transactions per day, almost double the level from a year earlier. The year-to-date average for 2026 is now sitting around 535,000 transactions per day, up 39% on the same period in 2025.

That does not mean every transaction is someone buying coffee with Bitcoin. On-chain activity can include many different types of use, from larger transfers to smaller payments and Bitcoin-native applications.

Still, it is a useful reminder: while price swings get most of the attention, the network itself keeps settling blocks, processing transactions, and growing its history one confirmation at a time.

TLDR: Up Only đźź§


Australians are working harder just to stay in one place, while inflation, tax complexity, rising costs, and shifting rules make planning harder.

That’s why we’re launching The War On Savings this tax time — a campaign about the broken savings bargain, and why Bitcoin matters as a practical savings technology.

Start small. Learn Bitcoin.

Help friends and family earn their first sats.

This tax time, new users get $10 free Bitcoin when they sign up to HardBlock. Orange pill someone today. Click the link.🪖💸


STRATEGY SELLS (AGAIN), SO WHAT?

Large corporate Bitcoin holders can move the market, especially when they sell. This week showed both sides of that risk: a sharp dip after Strategy sold Bitcoin, followed by buyers stepping in and absorbing the pressure...

Bitcoin briefly came under pressure after Strategy, formerly MicroStrategy, sold 3,588 BTC between June 29 and July 5 at an average price of about $60,197.

The sale appeared to spook the market at first. Bitcoin dipped around the time the news spread, with traders watching closely to see whether one of the world’s largest corporate Bitcoin holders was changing its long-term position.

But the reaction did not last. After the initial sell-off, Bitcoin rebounded strongly and pushed back above $63,500, eventually extending into its first seven-day winning streak since March 2026.

The important point is not just that Strategy sold. It is that the market absorbed the supply and kept moving.

Corporate treasury decisions can create short-term volatility, especially when a major holder is involved. But Bitcoin’s market is also deep, global, and open around the clock. One seller does not make the market.

For everyday investors, it is a useful reminder: headlines can move price quickly, but Bitcoin’s longer story is still shaped by liquidity, conviction, and the steady process of buyers and sellers meeting in the market.

TLDR: Tax Loss Harvesting is a Thing đź’¸


SBR: COMING SOON™

Bitcoin is no longer just discussed by investors and technologists. Governments are still debating whether it belongs on the national balance sheet...

The United States is continuing work on its proposed Strategic Bitcoin Reserve, with federal agencies reportedly coordinating on how the reserve should be structured.

The reserve was first established by executive order in March 2025. The plan is to hold Bitcoin already owned by the U.S. government, mainly coins seized through legal proceedings, rather than immediately buying new Bitcoin with taxpayer money. The order also asked Treasury and Commerce to explore budget-neutral ways to acquire more Bitcoin over time.

Recent reporting suggests the work is still moving through government channels, with Treasury, Commerce, and legal officials involved in shaping the next steps. The SEC is also expected to continue work on clearer rules for crypto assets, which could give institutions more confidence to operate in the sector.

For Bitcoiners, the big shift is symbolic as much as practical. A decade ago, governments mostly talked about Bitcoin as something to regulate, restrict, or dismiss. Now, at least in the U.S., the conversation has moved to whether Bitcoin should be held as a strategic national asset.

TLDR: Bureaucracy loves Molasses 🥞


WHERE BITCOIN IS NECESSARY

In wealthier countries, Bitcoin is often treated as an investment first. In parts of Africa, it is increasingly being used as a practical tool for payments, savings, remittances, education, and financial access...

A new update from African Bitcoiners shows the continent’s Bitcoin ecosystem continuing to grow, with 189 verified Bitcoin-only projects now mapped across 23 African countries.

The map includes education programs, meetups, businesses, Lightning Network payment projects, mining operations, and community-led initiatives. According to the update, 22 new projects were added over the past six months, including 13 since the second quarter alone.

That growth reflects a different adoption story to the one often seen in developed economies.

In countries with stable currencies, reliable banks, and easy payment apps, Bitcoin adoption can look slow and investment-focused. People may buy it as a long-term asset, but they do not always feel an urgent need to use it day to day.

In parts of Africa, the incentives can be different. Currency weakness, high remittance fees, limited banking access, and payment friction can make Bitcoin more immediately useful. It can help people store value, receive money from abroad, move funds across borders, or participate in digital commerce without relying entirely on fragile local systems.

That does not mean adoption is simple or uniform across the continent. Infrastructure, education, regulation, internet access, and custody all still matter.

But the map is a useful reminder that Bitcoin’s strongest use cases often appear where the existing financial system is under the most strain. For many users, Bitcoin is not just a chart to watch. It is a tool to solve real monetary problems.

TLDR: Bitcoin is necessary for everyone - especially Aussies.
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Get it Easy 🟧🇦🇺


NO MORE JUICE TO SQUEEZE

Wages can rise in dollar terms while households still feel poorer. The real question is not whether pay packets are bigger than before, but whether they still buy as much...

Australia’s economic picture is starting to look increasingly strained.

Recent reporting points to a sharp decline in Australian living standards since the pandemic, with inflation, mortgage costs, tax pressure, and weak economic growth all weighing on households. At the same time, Australia is facing one of its weakest stretches of growth in decades, while inflation remains stubborn enough to keep pressure on the Reserve Bank.

That is the uncomfortable mix: weak growth, high costs, and limited relief.

The wage debate shows the problem clearly. The government has pointed to minimum wage increases and tax cuts as evidence that workers are getting support. And in nominal terms, many workers are earning more than they were a few years ago.

But nominal wages are not the same as real purchasing power. If groceries, rent, insurance, energy, taxes, and mortgage repayments rise faster than income, households can still go backwards.

Consumer confidence data tells a similar story. Australians are worried about their finances, cautious about spending, and increasingly aware that the economy does not feel as healthy as the headline numbers sometimes suggest.

For Bitcoiners, none of this is surprising. A system built on inflation, rising debt, and constant policy intervention can make it feel like people are working harder just to stand still.

Bitcoin does not solve every household problem. But it does offer a different starting point: a money with a fixed supply, no central committee, and no quiet expansion of the rules behind the scenes.

In a country where more people are questioning whether the current system still rewards saving, that idea is becoming harder to dismiss.
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TLDR: Go back to bed, citizen.
Your government is in control.🍋



Have You Read This?

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Easy Bitcoin Newsletter

Read the Easy Bitcoin Newsletter by HardBlock - the easiest way to digest all the best bits of Bitcoin each and every fortnight... đźź§

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Welcome to the Easy Bitcoin Newsletter by HardBlock - the easiest way to digest all the best bits of Bitcoin each and every fortnight... 🟧 PRICE + NETWORK STATS BTC Price: TODAY: ~$94,000 (approximate live range ~A$92,000–A$95,000 based on recent exchange data) -LAST TIME: ~$91,000 (Last Newsletter)LAST YEAR: ~$179,000 (1 Year Ago) *Historical references are approximate and used for narrative comparison. Since we last met, dear hard money appreciator, Bitcoin has shuffled about around the...

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