Cryptocurrency News

An interactive map estimates how 67 million American crypto holders are distributed across every state and congressional district. Separate data show the industry supports nearly 232,000 jobs and $55.4 billion in economic activity. Interactive Map Tracks Crypto Holders Across the US An interactive map estimates where 67 million American crypto holders live, providing figures for…Read More

Steak ‘n Shake says bitcoin payments have strengthened sales, reduced costs, and supported investment in food quality. Its strategy now extends beyond checkout to a bitcoin reserve and employee bonuses. Why Steak ‘n Shake Now Calls Itself a Bitcoin Company A burger chain founded in 1934 has redefined itself around bitcoin, Steak ‘n Shake shared…Read More

U.S. forces struck Iranian rocket launchers near the Strait of Hormuz on Sunday after reportedly spotting preparations for another mining operation, abruptly ending a roughly monthlong lull in direct attacks between Washington and Tehran. Sunday’s Aug. 30 strikes put military risk squarely back over one of the world’s most critical energy corridors after more than…Read More

Bitcoin derivatives traders are dragging a hefty book into September, with futures open interest at $54.82 billion while the spot price sits at $78,425 at 7 p.m. Eastern time on Aug. 30. Alongside this, options positioning tells a sharper story. Currently, calls dominate outstanding contracts, September expirations are heavily populated, and max-pain levels are mostly…Read More

The UK government’s first official report on taxable crypto asset gains identifies 240 people who each declared more than £1 million in capital gains. Together, they reported £717 million, more than half of the £1.38 billion declared by 17,600 individuals. First Official Tax Report Identifies 240 Crypto Millionaires The UK government’s first official publication of…Read More

Bitcoin Magazine Bitcoin Cools Off After $3 Billion ETF-Driven Surge  Bitcoin’s run slowed down Friday after the Federal Reserve chief said inflation was too hot. Its run was charged by speculators throwing billions at the popular investment vehicles. This post Bitcoin Cools Off After $3 Billion ETF-Driven Surge  first appeared on Bitcoin Magazine and is…Read More

Bitcoin Magazine Debasement Trade Is Here Thanks to Government Debt — And Bitcoin Will Benefit: Grayscale The so-called debasement trade is benefiting bitcoin, the asset manager’s research team has said. This post Debasement Trade Is Here Thanks to Government Debt — And Bitcoin Will Benefit: Grayscale first appeared on Bitcoin Magazine and is written by…Read More

Bitcoin Magazine Bitcoin’s Moment Has Come for the Far East, Says Metaplanet CEO Just as the regulatory landscape changes, Asians are looking for places to park their cash. The opportunity is Bitcoin, Metaplanet CEO Simon Gerovich argued at Bitcoin Asia. This post Bitcoin’s Moment Has Come for the Far East, Says Metaplanet CEO first appeared…Read More

Bitcoin Magazine Capital B Raises €21M From Adam Back and TOBAM To Buy More BTC The French bitcoin treasury currently holds 3,145 bitcoins worth over $245 million at today’s prices. This post Capital B Raises €21M From Adam Back and TOBAM To Buy More BTC first appeared on Bitcoin Magazine and is written by Mathew…Read More

Bitcoin Magazine Bitcoin Drops Before Shrugging Off Fed Chair’s Inflation Comments  Bitcoin dropped, then popped after Federal Reserve Chair Kevin Warsh gave his first major speech as head of the U.S. central bank and said he had “more work to do” to fight inflation.  The leading cryptocurrency was recently trading for $79,474 after dropping as…Read More