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Steak ’n Shake Adds $5 Million in Bitcoin Exposure, Deepening Bitcoin Commitment 

Steak ’n Shake Adds $5 Million in Bitcoin Exposure, Deepening Bitcoin Commitment 

Bitcoin Magazine Steak ’n Shake Adds $5 Million in Bitcoin Exposure, Deepening Bitcoin Commitment  Steak ’n Shake has increased its Bitcoin exposure by an additional $5 million in notional value, con...

Crypto market weakness persists, but Ethereum metrics hint at rally to $3.3K

Crypto market weakness persists, but Ethereum metrics hint at rally to $3.3K

Rising Ethereum layer-2 activity and a notable bump in network fees may be an early sign that ETH is on the verge of a recovery.

The Daily: Tether launches ‘Made in America’ USAT stablecoin, what gold’s surge and Clarity Act limbo mean for crypto, and more

The Daily: Tether launches ‘Made in America’ USAT stablecoin, what gold’s surge and Clarity Act limbo mean for crypto, and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

South Dakota Proposes Bill Allowing State to Invest in Bitcoin

South Dakota Proposes Bill Allowing State to Invest in Bitcoin

Bitcoin Magazine South Dakota Proposes Bill Allowing State to Invest in Bitcoin South Dakota Republican Rep. Logan Manhart has introduced House Bill 1155, a proposal that would permit the state to in...

Crypto faces fork in the road as Clarity Act support wavers, Bitwise says

Crypto faces fork in the road as Clarity Act support wavers, Bitwise says

The asset manager argued that without federal legislation, the industry has three years to become indispensable before political winds potentially shift.

Nomura-backed Laser Digital seeks US banking charter amid crypto firms’ push onshore

Nomura-backed Laser Digital seeks US banking charter amid crypto firms’ push onshore

Laser Digital’s application places it alongside a growing group of crypto firms seeking federal trust bank status in the US.

Bitcoin ETFs Turn Positive After Five-Day $1.7B Losing Streak

Bitcoin ETFs Turn Positive After Five-Day $1.7B Losing Streak

Bitcoin ETFs saw a modest $6.8 million in net inflows Monday, putting an end to a five-day streak of outflows.

Crypto payments adoption spearheaded by large businesses, PayPal survey finds

Crypto payments adoption spearheaded by large businesses, PayPal survey finds

Four in 10 surveyed merchants already accept crypto at checkout, with roughly three-quarters reporting an increase in crypto sales last year.

Kalshi expands political footprint with DC office, Democratic hire

Kalshi expands political footprint with DC office, Democratic hire

The predictions market platform announced two new hires related to state policy efforts and relations with the federal government.

USDCx appears on Aleo as privacy-focused blockchains seek stablecoin access

USDCx appears on Aleo as privacy-focused blockchains seek stablecoin access

The integration underscores how privacy-first networks are adapting to a stablecoin-dominated crypto economy.

Nasdaq, NYSE and Cboe vet joins Securitize as VP working with public and private market issuers

Nasdaq, NYSE and Cboe vet joins Securitize as VP working with public and private market issuers

Giang Bui, who most recently worked on equities and ETF operations at Nasdaq, will join as Securitizes new vice president of issuer growth.

UK banks’ anti-crypto stance intensifies even as regulatory process moves forward

UK banks’ anti-crypto stance intensifies even as regulatory process moves forward

A crypto lobby group said it found "increased hostility" from British banks, casting a shadow over the global cryptocurrency leadership the country said it is vying for.