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Bitcoin News
TronWeekly
1w
131
Image Credit: TronWeekly
Bitcoin Becomes a Revolutionary Payment Option at Steak ‘n Shake Across the U.S.
- Steak ‘n Shake now accepts Bitcoin payments across all U.S. locations, reducing payment processing fees by nearly 50% using the Lightning Network.
- On launch day, the chain accounted for 1 in every 500 BTC transactions worldwide, indicating strong early adoption.
- The Lightning Network enables faster, cheaper, and more secure transactions, benefiting fast food’s narrow profit margins.
- Steak ‘n Shake's move highlights the practical adoption of Bitcoin as a payment method in the fast-food industry and showcases potential cost-saving benefits.
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7 Likes
Crypto-News-Flash
1w
231
Image Credit: Crypto-News-Flash
Metaplanet Issues $50M in New Bonds to Accelerate Bitcoin Accumulation
- Metaplanet plans to raise $50 million through zero-interest bonds to accumulate more Bitcoin (BTC), with Cayman Islands-based investment firm Evo Fund being the sole bondholder.
- Metaplanet has been aggressively acquiring Bitcoin, with recent acquisitions including 1,004 Bitcoins for $104.6 million, bringing its total holdings to 7,800 BTC.
- Metaplanet has seen almost 20% profits on its Bitcoin investments, with its stocks being positively impacted as well, trading higher due to the perceived value of its Bitcoins.
- MicroStrategy, another company actively acquiring Bitcoin, is aiming for a historic acquisition of $84 billion worth of Bitcoin purchases with a goal of 25% Bitcoin yield by 2025, amidst rising institutional interest and Bitcoin's price aiming for $120k.
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13 Likes
Bitcoinist
1w
152
Image Credit: Bitcoinist
Trump Media Makes Waves With Major $2.5 Billion Bitcoin Purchase
- Trump Media & Technology Group (TMTG) plans to invest $2.5 billion in Bitcoin through a combination of stock and debt.
- The investment is seen as a move to safeguard against discriminatory financial practices and to enhance financial transactions across TMTG's platforms.
- The Trump family has shown growing interest in cryptocurrency ventures, with previous initiatives and investments in the crypto space.
- Despite an initial surge in TMTG shares following the announcement, they later dropped by more than 5%, while Bitcoin has been regaining momentum in the market.
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9 Likes
Livebitcoinnews
1w
305
Image Credit: Livebitcoinnews
Stellar Climbs with $148M Daily Volume as Qubetics’ Wallet Launch Nears and XRP Goes Global—Best Coins to Buy Today
- Qubetics is introducing a non-custodial multi-chain wallet for digital asset management, emphasizing security and user autonomy.
- The ongoing crypto presale of $TICS tokens by Qubetics reflects growing confidence in the project's vision.
- Stellar (XLM) holds strong with a trading volume of $148M and XRP is being embraced in Dubai to tokenize $16B in real estate assets.
- Qubetics, Stellar, and XRP are highlighted as potential best coins to buy today, with significant developments in the cryptocurrency landscape.
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18 Likes
TronWeekly
1w
411
Image Credit: TronWeekly
Robinhood CEO Predicts Revolutionary AI Companies Like Bitcoin Creation
- Robinhood CEO Vlad Tenev predicts that artificial intelligence (AI) will lead to the rise of single-person companies that can be tokenized and traded on blockchain platforms.
- Tenev draws parallels between this model and the creation of Bitcoin by Satoshi Nakamoto, highlighting the potential for individuals to manage projects that once required large teams with the help of AI.
- The integration of single-person businesses with blockchain technology could enable entrepreneurs to tokenize their projects, allowing investors to directly fund and invest in various ventures or economic activities.
- AI's role in increasing productivity with fewer resources is seen as a positive force for entrepreneurship, efficiency, and innovation, shaping a future where more entrepreneurs leverage AI and blockchain technologies for their ventures.
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24 Likes
Bitcoinsensus
1w
42
Image Credit: Bitcoinsensus
Dogecoin Price Prediction: A Technical Breakdown
- Dogecoin has recently flipped bullish on the daily timeframe after a period of bearish momentum.
- There is a significant demand zone below the current price, which could potentially trigger a bounce if price moves into it.
- Liquidity sweeps are anticipated, and patient traders may be rewarded for their bravery in positioning themselves effectively.
- Despite the quiet accumulation phase of Dogecoin in recent weeks, a bullish market structure shift is clearly evident, signaling a shift in momentum.
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2 Likes
Coindoo
1w
305
Image Credit: Coindoo
BlackRock Executive: Bitcoin Has Far More Upside Than Gold
- The Managing Director of BlackRock mentioned at an event that Bitcoin offers higher upside and lower downside compared to gold as both serve as macro hedges.
- Bitcoin's advantages over gold include efficient storage, global real-time transfers at low costs, and digital-native design.
- Investors are diversifying into both Bitcoin and gold, with portfolio rebalancing between the two assets becoming more common, indicating a broadening in the hedge category.
- The institutional validation of Bitcoin continues to grow, with major endorsements like BlackRock highlighting BTC's role as a hedge against inflation and geopolitical uncertainty.
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18 Likes
Newsbtc
1w
21
Bitcoin Could Explode On Bessent’s $250 Billion Deregulation Shock
- US Treasury Secretary Scott Bessent signals impending deregulation impacting Bitcoin markets by exempting or partially exempting US Treasuries from the supplementary leverage ratio (SLR).
- The proposed adjustment aims to allow large banks to invest in government debt by lifting the capital burden on sovereign bonds.
- If the rule change is implemented, US banks could free up approximately $250 billion in tier-one capital, significantly impacting liquidity and potentially lowering Treasury yields.
- Bitcoin market reacts reflexively to reduced Treasury yields, with potential impacts on money-market funds and OTC desk inventories, indicating a shift towards risk assets.
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1 Like
TronWeekly
1w
38
Image Credit: TronWeekly
Boost Bitcoin Mining Profits With Bitmain’s S23 Hydro Release
- Bitmain launched the Antminer S23 Hydro series, featuring 580 TH/s at 5,510 W with unprecedented 9.5 J/TH efficiency.
- The new hydro-cooled model targets miners aiming to reduce operational energy costs amidst declining hardware demand.
- Flexible pricing, BTC pledging, and discounted offers are introduced to attract buyers during a challenging hardware demand cycle.
- First shipments of the Antminer S23 Hydro are scheduled for Q1 2026, catering to industrial-scale miners seeking increased efficiency.
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2 Likes
Coindoo
1w
148
Image Credit: Coindoo
Michael Saylor: Bitcoin Could Hit $1 Million If Wall Street Allocation Reaches 10%
- Michael Saylor believes Bitcoin could reach $1 million if Wall Street allocates 10% towards it.
- He mentioned that even a 5% Wall Street allocation would only represent a small portion of Bitcoin's market value.
- Saylor highlighted the wealth redistribution impact of Bitcoin's rise, mentioning that it benefits everyone holding BTC.
- He explained that Bitcoin's resistance to hostile takeovers and unique characteristics could lead to a $1 million price target once institutional adoption reaches 10%.
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8 Likes
Crypto-News-Flash
1w
364
Image Credit: Crypto-News-Flash
Jack Dorsey’s Block to Roll Out Bitcoin Payments to 4M Square Merchants by 2026
- Block Inc., founded by Jack Dorsey, plans to enable Bitcoin payments for Square merchants by 2026, starting with a rollout in 2025.
- Customers can pay with Bitcoin via QR code, and merchants can accept BTC or convert it to cash instantly at checkout.
- The rollout is aimed at providing smoother and faster transaction experiences for nearly four million Square merchants.
- Jack Dorsey's Block Inc. is focused on integrating Bitcoin into everyday finance and making it a viable payment method to reduce price volatility.
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21 Likes
Cryptopotato
1w
195
Image Credit: Cryptopotato
GameStop Joins Strategy and Buys Over $500 Million Worth of Bitcoin
- GameStop has announced its first bitcoin purchase, buying 4,710 BTC worth over $500 million.
- The company has joined a growing number of entities that store bitcoin as part of their strategic reserves.
- GameStop's official statement lacks details on when the purchase was completed and at what average price.
- This move aligns GameStop with other companies like Strategy that consistently disclose their bitcoin purchases and holdings.
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11 Likes
TronWeekly
1w
390
Image Credit: TronWeekly
Bitcoin Holds Strong Above $108,000 with Explosive Breakout Potential
- Bitcoin remains stable above $108,000, showing potential for a breakout beyond its all-time high of $112,000.
- Traders are currently holding a 27% average profit, with a historical threshold of 40% signaling possible sell-offs.
- Analysts predict BTC could reach nearly $162,000 by June 11, 2025, based on current trends and market projections.
- Bitcoin rebounded from $108,000 resistance, targeting $113,000 and potentially surging towards $115,000 as bullish sentiment prevails.
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23 Likes
Coindoo
1w
301
Image Credit: Coindoo
GameStop Buys 4,710 Bitcoin in Major Strategic Shift
- GameStop has acquired 4,710 BTC in a strategic pivot into digital assets.
- The purchase represents an investment exceeding $500 million based on current market value.
- This move aligns GameStop with the trend of using Bitcoin as a corporate treasury reserve.
- The acquisition adds legitimacy to Bitcoin in the global financial system and signifies a shift in GameStop's business strategy.
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18 Likes
Coinjournal
1w
21
Image Credit: Coinjournal
Over 30% of new crypto users start with meme coins, says Gemini’s 2025 report
- Meme coins now serve as the entry point for over 30% of new cryptocurrency users, according to Gemini's 2025 report.
- 94% of meme coin holders eventually invest in major cryptocurrencies like Bitcoin and Ethereum.
- In the US, 31% of individuals owning meme coins and traditional cryptocurrencies bought meme tokens first.
- The combined market capitalization of meme coins has reached $74.4 billion, indicating their growing significance in the crypto market.
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1 Like
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