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Speaking at the Bitcoin 2025 conference in Las Vegas, Steak ’n Shake’s Chief Operations Officer (COO), Dan Edwards, asserted that bitcoin outpaces credit cards in terms of speed and emphasized that the company is cutting processing costs in half. Steak ’n Shake COO Says Bitcoin ‘a Win for Everyone’ After Global Rollout Edwards elaborated that … Read more
Cantor, a Wall Street investment bank, has launched its bitcoin financing business, completing initial trades in May and planning to provide up to $2 billion in institutional lending. Cantor Offers Up to $2B in Financing for Bitcoin Holders The service allows institutional bitcoin holders to secure loans using their cryptocurrency as collateral, aiming to address … Read more
Warming up for the Bitcoin 2025 conference in Las Vegas, Strategy founder Michael Saylor was asked to weigh in on the concept of proof-of-reserves. Saylor didn’t mince words, dismissing the idea entirely by stating it “dilutes the security” and calling it a flat-out “bad idea.” Saylor’s ‘Bad Idea’ Comment on Reserve Transparency Ignites Crypto Clash … Read more
Trump Media is unleashing a $2.5 billion bitcoin treasury strategy, vaulting digital assets onto its balance sheet and supercharging its mission to disrupt traditional finance. Bitcoin Treasury Incoming as Trump Media Secures $2.5B From Power Investors Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) announced on May 27 that it has secured commitments … Read more
A freshly revised prospectus for Blackrock’s Ishares Bitcoin Trust (IBIT) now includes a cautionary note that the advent of powerful quantum computing—and related developments—could render Bitcoin’s foundational cryptographic safeguards “becoming ineffective.” Blackrock Flags Quantum Computing Risk This week, the debate around quantum computing and Bitcoin has reignited within the crypto sphere, with renewed speculation over … Read more
At press time, the Bitcoin network hashrate is cruising along just above the 900 exahash per second (EH/s) range and according to current stats documented by hashrateindex.com, the United States leads prominently with 36.025% of the global hashrate. Global Hashrate Showdown: U.S. Leads, Russia Climbs, China Hangs On The U.S. is currently the most dominant … Read more
Kenneth Rogoff, former chief economist of the IMF, has argued that bitcoin flows are already affecting the use of the dollar in the so-called “shadow economy.” This, consequently, is causing troubles for the U.S. economy, by propping up interest rates. Former IMF Chief Economist Claims Bitcoin Is Substituting the Dollar in the $25T Shadow Economy … Read more
UFC icon Conor McGregor has set his sights beyond the political ring of the Irish presidency—plunging straight into the heart of crypto discourse while asking about Donald Trump’s digital asset agenda. Irish Champ Wades Into Decentralization Firestorm Conor McGregor, the famed UFC titleholder, has recently positioned himself as an outspoken supporter of bitcoin—championing BTC’s adoption … Read more
While macroeconomic ripples reverberate through global markets, long-dated bond yields have been steadily climbing—stoking further anxiety among investors. At the same time, Tracy Jin, COO of the crypto exchange MEXC, notes that as U.S. Treasuries fall out of favor amid ballooning yields and mounting debt obligations, bitcoin’s impartial nature and fluid convertibility are positioning it … Read more
Bitcoin exchange-traded funds (ETFs) notched their third-largest weekly inflow in history at $2.75 billion, as institutional buying continued at full throttle. Ether ETFs followed with a strong $248.31 million inflow, marking a 2nd consecutive week in the green. Bitcoin ETFs Record $2.75 Billion Weekly Inflow to Register 3rd Highest Weekly Inflow in History The bulls … Read more
