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Steak 'n Shake Adds Million to Bitcoin Treasury Holdings

Steak ‘n Shake Adds $10 Million to Bitcoin Treasury Holdings

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Steak ‘n Shake announced a $10 million bitcoin purchase, increasing exposure in its corporate treasury. All bitcoin payments from customers flow directly into the company’s Strategic Bitcoin Reserve. Same-store sales have risen dramatically since accepting bitcoin payments began in May 2025. The move creates a self-described “self-sustaining system” linking sales growth to bitcoin accumulation. ...

Crypto adoption, Cryptocurrencies, Front page, News

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ICP Token Surges 41% Weekly Amid Tokenomics Proposal and AI Sector Momentum

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ICP token at $4.41, up 2.6% in the past 24 hours. 41% weekly gain from approximately $3.17 last Friday. Outperforms Bitcoin and major altcoins, which saw declines. Boosted by renewed AI sector confidence after TSMC’s blowout earnings. “Mission 70” tokenomics white paper proposes supply reductions and accelerated burn mechanisms. Internet Computer’s native token ICP extended its strong weekly performance into...

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Senate Banking Committee Delays Crypto Bill Markup Following Coinbase Opposition

Senate Banking Committee Delays Crypto Bill Markup Following Coinbase Opposition

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The U.S. Senate Banking Committee postponed a markup on landmark crypto legislation after Coinbase withdrew support. CEO Brian Armstrong cited provisions that could harm consumers, stifle competition, and erode CFTC authority. Stakeholders anticipate a revised draft in coming weeks to address industry concerns. The U.S. Senate Banking Committee has postponed a scheduled markup of a major cryptocurrency regulation bill...

Cryptocurrencies, Front page, News, Regulation

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Senate Banking Committee Delays Crypto Market Structure Bill Markup Amid Coinbase Opposition

Senate Banking Committee Delays Crypto Market Structure Bill Markup Amid Coinbase Opposition

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The Senate Banking Committee has postponed its markup of the digital asset market structure bill due to ongoing bipartisan negotiations. Coinbase CEO Brian Armstrong publicly opposed the bill, citing concerns over stablecoin rewards, tokenized equities, and erosion of CFTC authority. The delay highlights tensions between crypto innovation and traditional banking interests, potentially extending regulatory uncertainty. The...

Crypto regulation, Cryptocurrencies, Front page, News, Regulation

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Coinbase Pulls Support for Senate Crypto Market Structure Bill Ahead of Key Vote

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Quick Take Coinbase has announced it cannot support the current draft of the Senate Banking Committee’s crypto market structure bill. CEO Brian Armstrong highlighted issues including a de facto ban on tokenized equities, DeFi prohibitions that erode privacy, erosion of CFTC authority, and threats to stablecoin rewards. The Senate Banking Committee is scheduled to mark up the bill on Thursday, January 15, 2026. The decision comes amid...

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