The fast food chain recently announced that it would begin accepting Bitcoin for purchases Steak ‘n Shake has credited its recent sales surge to its decision to embrace Bitcoin payments earlier this year. The US-based fast-food chain reported an 11% increase in same-store sales for the second quarter, outpacing several major competitors in the sector.
Tag: Bitcoin
PayPal Introduces New Cryptocurrency Payment Tool for US Merchants
The new feature supports over 100 cryptocurrencies to help facilitate crypto use PayPal has launched a new cryptocurrency payment tool designed to help US merchants easily accept digital currencies, particularly for international transactions. The feature allows businesses to take payments in over 100 cryptocurrencies, including Bitcoin, Ethereum, Solana, XRP, USD Coin, and Tether. It also
Bitcoin Price Surge Makes Satoshi Nakamoto the World’s 11th Richest Person
Satoshi is believed to hold almost 1.1 million BTC in cryptocurrency wallets Satoshi Nakamoto, the mysterious creator of Bitcoin, has once again climbed the global wealth rankings after Bitcoin’s price surged past $120,000 over the weekend. Based on blockchain data, Nakamoto is believed to hold over 1.09 million BTC, which translates to more than $131
Block, Inc. To Roll Out Bitcoin Payments on Square
Jack Dorsey has confirmed that Bitcoin will soon be an option on the payments platform Block, Inc., the financial technology company led by Jack Dorsey, is preparing to launch Bitcoin payment options through its Square platform. The rollout is set to begin later this year and will expand gradually, with full availability expected in 2026,
JPMorgan Changes Stance on Cryptocurrency, Will Allow Clients To Buy Bitcoin
The bank has long been opposed to crypto, but could be changing its stance JPMorgan is making a major change in its approach to cryptocurrency. The bank, long known for its critical stance on digital assets, is now preparing to let clients buy Bitcoin. CEO Jamie Dimon confirmed the decision during the bank’s annual investor
Charles Schwab Could Introduce Spot Bitcoin Trading Within a Year
The news was confirmed by company CEO CEO Rick Wurster Charles Schwab could introduce spot Bitcoin trading for customers as early as April 2026, according to the firm’s most recent statements from CEO Rick Wurster. The firm has seen interest in crypto spike with a reported 400% rise in traffic to its digital assets web
Department of Homeland Security Sued for Not Revealing Satoshi Nakamoto
Crypto attorney James Murphy believes the government knows Satoshi’s true identity A lawsuit has been filed against the US Department of Homeland Security (DHS) by crypto attorney James Murphy, who is demanding records that could reveal whether the agency knows the identity of Bitcoin’s creator, Satoshi Nakamoto. The case hinges on comments made in 2019
Bitcoin-Stacking Firm Metaplanet Adds Eric Trump To Board of Advisers
The company expect President Donald Trump’s son to help it guide its mission Metaplanet, a Bitcoin-focused investment firm, has announced the addition of Eric Trump to its newly formed strategic board of advisers. The move is part of the company’s broader plan to position itself as a major force in the Bitcoin economy, with Trump
A Sole Bitcoin Miner Captures Mining Reward Using a Basic Mining Rig
The miner earned $263,000 with a relatively simple Bitaxe mining machine A solo Bitcoin miner has recently achieved a remarkable feat by using a basic mining rig to capture a full mining reward worth $263,000. This miner, who used a small, affordable 480-gigahash per second (GH/s) Bitaxe machine, solved a block in the blockchain and
US Commerce Secretary Suggests Government Considering Bitcoin-Only Reserve
Commerce Secretary Howard Lutnick expects the government to advance crypto support The US government is considering establishing a strategic Bitcoin reserve, with Commerce Secretary Howard Lutnick confirming that plans will be unveiled at the upcoming White House Crypto Summit tomorrow. The proposal, led by the Trump administration, aims to give Bitcoin a central role in
Bitcoin Quantum-Resistance Reportedly Closer With Microsoft Chip
Microsoft claims to be able to help better secure crypto with its new technology Microsoft’s latest quantum computing chip, Majorana 1, has sparked discussions about Bitcoin’s preparedness for a potential quantum threat. According to Bitcoin exchange River, this new development could accelerate the timeline for making Bitcoin quantum-resistant. 1 million qubits can potentially crack a
The Bitcoin-To Gold-Ratio Has Hit A New All-Time High
Bitcoin continues its latest meteoric rise, taking on the strength of gold The Bitcoin-to-gold ratio has reached a new all-time high, reflecting Bitcoin’s increasing purchasing power compared to gold. On December 16, the ratio climbed to 40 ounces of gold per Bitcoin as Bitcoin’s price surged above $106,000 for the first time. Meanwhile, gold was