US fast-food restaurant chain Steak ’n Shake has added $5 million worth of Bitcoin to its Strategic Bitcoin Reserve as part of a pledge to funnel all sales made in Bitcoin straight into the fund. The move takes the company’s total Bitcoin ($BTC) holdings to $15 million, equivalent to roughly 167.7 $BTC at the time
The US federal government is heading toward a partial shutdown, putting bitcoin markets on alert. However, unlike last year’s 43-day full shutdown, the smaller scale of this potential closure suggests price impact may be contained. With six of twelve spending bills already passed and historical data showing 60% of shutdown crises end in last-minute deals,
Morgan Stanley has tapped veteran executive Amy Oldenburg to lead the investment bank’s new crypto unit, just weeks after announcing plans to launch three crypto exchange-traded funds and a crypto wallet. Oldenburg will transition to head of digital asset strategy after working in Morgan Stanley’s emerging markets equity team since 2001, Bloomberg reported on Tuesday.
Investors pulled $1.73 billion from digital asset funds, in what appears to be the heaviest outflows since mid-November 2025. The trend indicates that a bearish mood is building, much like during past declines. Weak price action, fading expectations of near-term rate cuts, and disappointment that crypto hasn’t acted as a hedge against debasement appear to
Tether’s new stablecoin, USAT, could pose the first serious challenge to Circle’s (CRCL) $USDC in the U.S. market, analysts say — if it can win over institutions. Launched in partnership with federally chartered bank Anchorage Digital and Cantor Fitzgerald, USAT is Tether’s first attempt at a U.S.-regulated dollar token aimed at institutional users. Tether’s flagship
Table of Contents Why Treasury Bills Are Tether’s Cash CowWhat About Fees?Does Tether Invest in Anything Besides Treasuries?The $5.2 Billion vs. $15 Billion QuestionHow Big Is Tether Now?Why Stablecoins Dominated 2025 EarningsWhat Tether Doesn’t Make Money FromThe Bottom LineFrequently Asked Questions Tether makes money by investing the reserves that back $USDT. When users deposit dollars
Circle has introduced a privacy-focused version of its $USDC stablecoin on Aleo, highlighting a broader push by privacy-oriented blockchains to gain access to regulated, dollar-backed assets as demand for onchain privacy tools grows. Circle and Aleo announced Tuesday that USDCx on Aleo is now available via Circle’s xReserve, a reserve-backed issuance model that allows $USDC
The DAO model is changing, affecting most of the biggest organizations. Governance is reaching its limits, with some protocols moving back to partial centralization. DAO platforms are evolving in 2026, as some have reached the capacity for governance. Others have shed the model entirely, citing slowness and the need for emergency decision powers. Based on
The altcoins with the largest user base in the cryptocurrency market have been identified through on-chain data. According to Token Terminal data, the current ranking is based on the number of unique wallet addresses holding at least one token from different blockchains. $BNB Chain ($BNB) tops the list. The number of unique addresses holding $BNB
Rick Rieder, a prominent candidate among President Donald Trump’s potential nominees for the FED chairmanship, is drawing attention with his statements regarding Bitcoin (BTC). The forecasting markets currently show a 46% probability of Rick Rieder being nominated as FED Chairman. Rieder, who is BlackRock’s investment director responsible for global fixed income assets, describes Bitcoin as