• Cryptocurrency

    Jeff Bezos’s Blue Origin Pioneers Crypto Payments for Spaceflights

    Jeff Bezos’s Blue Origin is in the process of transforming the future of space tourism by integrating cryptocurrency payments.  In a Business Wire release, the company announced a groundbreaking partnership with payments processor Shift4 (NYSE: FOUR) for its New Shepard suborbital flights.  Accordingly,  Blue Origin now accepts Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and select dollar-pegged stablecoins, including USDT and USDC. Crypto payments are accepted for seats on its commercial spaceflights,  effective immediately.  The innovative payment system allows customers to book their journey using popular cryptocurrencies via a seamless checkout process.  Shift4’s integration supports direct connections to widely used self-custody…

  • Bitcoin

    Steak ‘n Shake credits Bitcoin as Q2 leader

    Steak ‘n Shake said its same-store sales rose 10.7% quarter-on-quarter in Q2 2025, according to its parent company’s latest filing. On Aug. 8, the chain thanked Bitcoin users in a post on X, writing: “Bitcoin has been a game changer.” Steak ‘n Shake outpaces major U.S. rivals Steak ‘n Shake posted a 10.7% quarter-over-quarter rise in same-store sales in Q2, the strongest result among major U.S. fast-food chains that reported for the period. The outperformance adds to signs that merchant Bitcoin payments remain active in the U.S., where Bitcoin is mostly treated as an investment, even as day-to-day use is…

  • Cryptocurrency

    Bitcoin Retracts To $118k, Do Kwon May Plead Guilty

    The Bitcoin Coinbase Premium Gap was below the baseline yesterday. The indicator essentially compares the price of Bitcoin on Coinbase and on Binance. When the numbers are in green, it means that the asset is being traded at a higher price on Coinbase.  Another key observation from Coinbase Premium Gap is that when the value is down then it means American investors are selling. While Binance attracts global investors, indicating people around the world are buying.  Luna Founder Expected To Enter In a Guilty Plea Do Kwon, the South Korean cryptocurrency entrepreneur, is expected to plead guilty to U.S. fraud…

  • Bitcoin

    Wall Street Influence Threatens to Reshape Bitcoin’s Market Cycles

    Big companies buying Bitcoin might have a big impact on the cryptocurrency price trends. For over a decade, Bitcoin has followed a simple pattern. Every four years, the Bitcoin mining rewards are cut by half in an event called “the halving”. Historically, Bitcoin has reached new all-time highs within 12–18 months after the 2012, 2016, and 2020 halving events. Now, this predictable cycle may be coming to an end, thanks to Wall Street and institutional organizations holding Bitcoins.  The numbers tell the story: corporations now own nearly one million Bitcoin. That’s a massive change from the early days when mostly…

  • Bitcoin

    Willy Woo Hopeful Bitcoin Is a Long-Term Asset For 1000 Years

    Bitcoin analyst Willy Woo hailed Bitcoin as the “perfect asset” for the next millennium at the Baltic Honeybadger 2025 conference, in RIGA, Latvia. He said however that BTC may not overtake the  US dollar and gold unless its capital inflow grows significantly.  Woo outlined Bitcoin’s transformative potential while highlighting critical risks that could derail its ascent as a global reserve asset. Willy Woo Highlights Bitcoin’s Market Position and Growth Challenges Bitcoin’s market capitalization is currently at $2.42 trillion, less than 11% of gold’s $23 trillion and  US dollar’s $21.9 trillion.  There is  a considerable gap between Bitcoin’s current scale and…

  • Bitcoin

    “Bitcoin Banks Are Coming”: El Salvador Teases New Financial Shift

    El Salvador announced today on X that it plans to introduce Bitcoin-focused banking into its economy, further advancing President Nayib Bukele’s Bitcoin-centered economic vision. The post stated, “Bitcoin Banks are coming to Bitcoin country,” hinting at the possible rollout of banking institutions dedicated solely to Bitcoin services. However, the plan remains vague, with no official details or regulatory framework shared yet. If implemented, these Bitcoin-only banks could potentially offer services like BTC deposits, loans, and investment products, which may significantly change how Salvadorans access financial services. For now, the scope and structure of the initiative remain speculative, pending further announcements…

  • Mining

    CleanSpark Leads U.S. Bitcoin Miners With Record Revenue

    Bitcoin mining firm CleanSpark has reported its strongest quarter ever, with record-high revenue and profit that exceeded analyst forecasts. On Thursday, the company announced $198.6 million in revenue for the third quarter, a 91% jump from $104 million in the same period last year. This figure also surpassed the expected $195 million. CleanSpark posted a net income of $257.4 million for the quarter, a sharp turnaround from a $236.2 million loss the year before. Diluted earnings per share reached 78 cents, far above analyst estimates of 20 cents. In 2025, CleanSpark grew its Bitcoin treasury to over $1 billion in…