Category: Bitcoin
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Why a Famous Burger Chain Now Calls Itself a ‘Bitcoin Company’
Key Takeaways Steak ‘n Shake credits bitcoin users with stronger restaurant sales. Its parent reported 13.8% same-store sales growth in the second quarter. Hourly employees earn a bitcoin bonus of 21 cents for every hour worked. Why Steak ‘n Shake Now Calls Itself a Bitcoin Company A burger chain founded in 1934 has redefined itself…
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Bitcoin ETFs Post $202M Outflow After 9-Day Inflow Run
US-listed spot Bitcoin exchange-traded funds (ETFs) ended a nine-day inflow streak as Bitcoin fell below $78,000, while several altcoin ETF categories continued to see inflows. Bitcoin ETFs recorded $201.8 million in net outflows on Friday, ending nine consecutive trading sessions of inflows, according to SoSoValue data. The reversal followed more than $3 billion of net…
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Trump-Linked Account Rugs GOLD Token, Nets $312K Profit
Key Takeaways Realtrumpcoins, an account Trump follows, controlled 82.45% of GOLD’s total token supply before the dump. Fifteen wallets tied to GOLD sold 224.5 million tokens for 3,178 SOL, banking a 17x, $312,000 return. GOLD’s collapse follows Senators Warren and Blumenthal’s Aug. 4 SEC probe request into Trump-branded coins. A Familiar Playbook, a New Wallet…
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Bitcoin Profit Metric Repeats History With 2026 Bear Market Now Reportedly ‘Over’
According to some metrics, Bitcoin (BTC) has ended its bear market as a composite BTC price indicator flips bullish for the first time since October 2025. Key points: Bitcoin has exited its 2026 bear market, Ki Young Ju says as a profitability metric prints a positive reading of 0.042. The breakout from negative to positive…
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NZ’s ACT Party Proposes Waiving Capital Gains Tax on Crypto
Key Takeaways New Zealand’s ACT party proposed tax-free crypto gains after a year to boost long-term retail investments. The proposal exempts small crypto purchases from taxes, aiming to make digital assets a daily currency. The plan includes clear stablecoin rules and a regulatory sandbox to foster local financial innovation. ACT Proposes New Rule For Digital…
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Coinbase Powers Better’s Crypto-Backed Mortgage Product
Better Mortgage and Coinbase have made their Bitcoin-backed mortgage product generally available, allowing US homebuyers to pledge Bitcoin as collateral for a down payment without selling it, the companies announced Wednesday. According to Coinbase’s Help Center, the product pairs a Fannie Mae-backed home loan with a separate down payment loan secured by Bitcoin (BTC). Borrowers must pledge…
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Bitcoin Price Left Behind? Record Global M2 Could Put BTC on a Launchpad
Key Takeaways U.S. M2 hit a record $23.16 trillion as global measures pushed toward $103 trillion. Bitcoin ripped higher in August but remains below its 2025 peak. U.S. M2, DXY and bitcoin ETF flows will decide whether the catch-up trade survives. Global M2 Blows Through Record Territory Just like the global debt, the money supply…
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Bitcoin Weekly RSI Has Analysts Eyeing A BTC Price Trend Reversal
Bitcoin (BTC) price action is offering mixed signals after hitting $80,000 as traders diverge on market trajectory. Key points: Bitcoin weekly relative strength index (RSI) reaches 58.3, repeating a bullish divergence that accompanied the end of the 2022 bear market. Daily RSI values reach their most “overbought” since November 2024 near 83. Stochastic RSI prints…
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Bitwise CIO Sees Crypto Bull Case Strengthening on 5 Key Shifts
Key Takeaways Hougan cites five factors behind an easier crypto bull case in 2026. SEC rulemaking and stablecoin adoption reinforce his broader case. Revenue-linked tokens and debt pressure add economic support. Five Factors Reshape the Crypto Bull Case Five structural factors now give crypto investors more fundamental reasons to support a bullish outlook than during…
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We Are So Back! Bitcoin’s 23% Rally on US Debt Policy: Hodler’s Digest
Bitcoin suddenly surges: Is the bear market over? Confidence has returned to crypto markets after Bitcoin saw a sudden rally to gain more than 23% this week to trade around $77,559 at the time of writing. The price briefly topped $79,000 on Friday. Charting platform Barchart highlighted on Thursday that Bitcoin’s (BTC) price had crossed…
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