China

Popular burger joint Steak ’n Shake says bitcoin adoption boosted sales ‘dramatically’

Steak ’n Shake has reported a significant increase in sales attributed to its adoption of Bitcoin as a payment option. The fast-food chain noted that the integration of cryptocurrency payments has attracted a new customer base and enhanced overall transaction volumes. This move aligns with a growing trend among restaurants and retailers to embrace digital currencies. Steak ’n Shake's management emphasized the importance of staying ahead in the evolving market by incorporating innovative payment solutions. The positive impact on sales highlights the potential benefits of cryptocurrency adoption in the food service industry.

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Is the Netherlands Taxing Unrealized Crypto Gains? It's Complicated

The Netherlands is considering a tax on unrealized gains from cryptocurrencies, which has sparked debate among lawmakers and the public. Currently, the country's tax system taxes assets based on their value as of January 1 each year, which could include unrealized crypto gains. Critics argue that taxing unrealized

Tom Lee Expects 'Defining Year for Ethereum' as BitMine Buys ETH Amid 'Rock Bottom' Vibes

Tom Lee, co-founder of Fundstrat Global Advisors, predicts that 2024 will be a pivotal year for Ethereum, driven by increased institutional interest and potential regulatory clarity. His optimism comes as BitMine, a cryptocurrency mining company, has announced its purchase of a significant amount of ETH, signaling confidence in the asset

Gemini Stock Dives as Winklevoss-Led Crypto Exchange Dumps Executives

Gemini, the cryptocurrency exchange co-founded by the Winklevoss twins, has seen its stock price plummet following the departure of several key executives. The company is undergoing significant leadership changes, which have raised concerns among investors about its stability and future direction. This shakeup comes amid a challenging regulatory environment for

Bitcoin stays pinned below $70K as BTC’s negative funding rate flashes warning sign

Bitcoin remains below the $70,000 mark, currently trading around $68,000. The cryptocurrency's negative funding rate has raised concerns among investors, signaling potential bearish sentiment in the market. This funding rate indicates that short positions are being favored, which could lead to further downward pressure on Bitcoin&

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Is the Netherlands Taxing Unrealized Crypto Gains? It's Complicated

Tom Lee Expects 'Defining Year for Ethereum' as BitMine Buys ETH Amid 'Rock Bottom' Vibes

Gemini Stock Dives as Winklevoss-Led Crypto Exchange Dumps Executives

Bitcoin stays pinned below $70K as BTC’s negative funding rate flashes warning sign