Steak ‘n Shake has reversed course on accepting Ethereum payments despite a community poll showing majority support, choosing instead to maintain its Bitcoin-only policy after facing intense backlash from Bitcoin maximalists. This strategic decision comes as the restaurant chain credits its Bitcoin adoption with driving substantial sales growth, including over 10% same-store sales increases in recent quarters, highlighting the complex dynamics between cryptocurrency communities and business strategy.
read more
News from RUS
Generated 0 posts last week
News from RUS Bitcoin Plunges 12% After Trump Tariffs Trigger $19B Liquidation
Bitcoin experienced its largest single-day liquidation event in history after former President Donald Trump announced 100% tariffs on Chinese goods, triggering a $19 billion wipeout that primarily affected leveraged traders on centralized exchanges. The dramatic price drop from $121,000 to $106,000 on Friday resulted in 1.6 million positions being liquidated within 24 hours, creating what industry experts describe as a ‘leverage bloodbath’ rather than a retail investor panic.
read moreBolivia’s Banco Bisa Launches USDT Banking Services
In a landmark move for Bolivia’s financial sector, Banco Bisa has launched comprehensive USDT custody services, enabling customers to buy, sell, and transfer the stablecoin directly through traditional banking channels. This development marks a dramatic reversal from Bolivia’s decade-long cryptocurrency ban and represents the country’s first regulated banking integration with digital assets. The service comes with explicit regulatory support and structured fee arrangements, positioning Bolivia as an emerging market embracing cryptocurrency within a supervised framework.
read moreESG Investing Remains Priority Despite Waning Hype
While the initial excitement around ESG investing has cooled from its peak several years ago, financial advisors and investors continue to prioritize sustainable investment principles. This sustained focus presents ongoing opportunities for ESG-focused ETFs like the Invesco ESG Nasdaq 100 ETF (QQMG), indicating that environmental, social and governance considerations have evolved from temporary trend to established investment methodology that withstands market cycle fluctuations.
read moreXRP Flash Crash Pattern Echoes 2017 Bull Run Setup
A crypto analyst has identified striking similarities between XRP’s current price structure and its 2017 setup that preceded a massive bull run. The comparison comes after XRP experienced one of its most severe price declines in years, dropping dramatically before showing recovery signs. Technical analysts suggest this pattern could signal another major price movement ahead.
read moreSaylor’s Strategy Resumes Bitcoin Buying at Record High
Michael Saylor’s Strategy Inc has reignited its Bitcoin acquisition strategy at unprecedented price levels, marking the company’s first purchase since the cryptocurrency shattered records earlier this month. The move boosts Strategy’s holdings beyond $73 billion despite months of reduced activity, positioning the firm as both a market bellwether and a case study in the evolving dynamics between corporate Bitcoin exposure and stock performance.
read moreRipple Offers $200K Bug Bounty for XRP Lending Protocol
Ripple has partnered with blockchain security firm Immunefi to launch an ambitious $200,000 bug bounty program, dubbed an ‘attackathon,’ for its upcoming XRP Ledger lending protocol. This security initiative invites white hat hackers worldwide to identify critical vulnerabilities before the protocol undergoes a validator vote later this year, representing one of the most significant upgrades to the XRP Ledger ecosystem.
read moreCrypto Whale Bets $340M Against Bitcoin With 10x Leverage
A cryptocurrency whale who previously earned nearly $200 million shorting Bitcoin and Ethereum has placed another massive bearish bet against BTC, depositing $40 million in USDC to Hyperliquid and opening a $340 million short position using 10x leverage. The trader’s latest move comes amid accusations of potential insider knowledge related to Trump administration tariff announcements, though the person purportedly behind the wallet—former BitForex CEO Garrett Jin—vehemently denies any connection to the Trump family and maintains the funds belong to clients rather than his personal account.
read moreGovernment Shutdowns: Minimal Market Impact Analysis
Recent government shutdown concerns have sparked market discussions, but historical data reveals limited economic impact. While short-term volatility may occur due to delayed economic reports, broader market growth typically persists. This analysis examines why shutdowns rarely derail financial markets, drawing on evidence from previous shutdown periods and their effects on economic indicators and investor behavior.
read moreInterest Rate Drop Shifts Fixed Income Outlook
With interest rates declining, investors are facing a shifting fixed income landscape and searching for yield opportunities. American Century Investments’ Jason Greenblath recently discussed where value might be found in this new environment. His insights focus particularly on corporate bonds and yield prospects as market participants navigate changing monetary policy conditions and reassess their fixed income allocations.
read more