The fast-food chain is also donating 210 sats from every Bitcoin meal toward open-source Bitcoin development. American fast-food chain Steak ‘n Shake has announced the formation of a new Bitcoin (BTC) treasury, built with Bitcoin made from its restaurants’ sales. “All payments received in Bitcoin will be placed in our [strategic Bitcoin reserve],” said Steak ‘n Shake in a post on X on Friday, which garnered strong support from the Bitcoin community. The company added that for every Bitcoin meal it sells, 210 sats (around $0.23) will be donated to nonprofit OpenSats, which supports contributors to Bitcoin Core and open source Bitcoin development. Read more
The fast-food chain is also donating 210 sats from every Bitcoin meal toward open-source Bitcoin development. American fast-food chain Steak ‘n Shake has announced the formation of a new Bitcoin treasury, built with the Bitcoin made from its restaurants’ sales. “All payments received in Bitcoin will be placed in our [strategic Bitcoin reserve],” said Steak ‘n Shake in a post on X on Friday, which garnered strong support from the Bitcoin community. The company added that for every Bitcoin meal it sells, 210 sats (around $0.23) will be donated to nonprofit OpenSats, which supports contributors to Bitcoin Core and open source Bitcoin development. Read more
Elon Musk expects X Chat to launch within the next few months and promises it won’t sell or share users’ data with advertisers. Tech entrepreneur and billionaire Elon Musk is set to launch a standalone messaging app called “X Chat” to compete with Telegram and WhatsApp, with a rollout expected within the next few months. “On X, we just rebuilt the entire messaging stack into what’s called ‘X Chat,’” said Musk during The Joe Rogan Experience podcast, which aired on Friday. Musk said he hopes the new messaging app will be released in a “few months,” adding it won’t have any “hooks for advertising” as he pointed to competitors like WhatsApp, which “knows enough about what you’re texting to know what ads to show you,” he said. Read more
Elon Musk expects X Chat to launch within the next few months and promises it won’t sell or share users’ data with advertisers. Tech entrepreneur and billionaire Elon Musk is set to launch a standalone messaging app called “X Chat” to compete with Telegram and WhatsApp, with a rollout expected within the next few months. “On X, we just rebuilt the entire messaging stack into what’s called ‘X Chat,’” said Musk during The Joe Rogan Experience podcast, which aired on Friday. Musk said he hopes the new messaging app will be released in a “few months,” adding it won’t have any “hooks for advertising” as he pointed to competitors like WhatsApp, which “knows enough about what you’re texting to know what ads to show you,” he said. Read more
Elon Musk expects X Chat to launch within the next few months and promises it won’t sell or share users’ data with advertisers. Tech entrepreneur and billionaire Elon Musk is set to launch a standalone messaging app called “X Chat” to compete with Telegram and WhatsApp, with a rollout expected within the next few months. “On X, we just rebuilt the entire messaging stack into what’s called ‘X Chat,’” said Musk during The Joe Rogan Experience podcast, which aired on Friday. Musk said he hopes the new messaging app will be released in a “few months,” adding it won’t have any “hooks for advertising” as he pointed to competitors like WhatsApp, which “knows enough about what you’re texting to know what ads to show you,” he said. Read more
Lawmakers opted to study the proposal further following a wave of public concern over plans to loosen local controls on crypto mining in the state. A vote on a Senate Commerce Committee bill aimed at deregulating crypto mining in New Hampshire was split on Thursday, after senators reported that public feedback on the bill had surged since it was last debated. After being deadlocked twice, once on advancing the bill and again on rejecting it, the committee ultimately voted 4–2 to send the measure for further review in an interim study, as first reported by the New Hampshire Bulletin. House Bill 639 would prevent municipalities from creating restrictions on crypto mining, such as rules around electricity use or noise, as well as prohibit state and local authorities from levying taxes unique to digital assets. Read more
Lawmakers opted to study the proposal further following a wave of public concern over plans to loosen local controls on crypto mining in the state. A vote from the Senate Commerce Committee on a bill aimed at deregulating crypto mining in New Hampshire was split on Thursday, after senators reported public feedback on the bill had surged since it was last debated. After being deadlocked twice, once on advancing the bill and again on rejecting it, the committee ultimately voted 4–2 to send the measure for further review in interim study, as first reported by the New Hampshire Bulletin. House Bill 639 would prevent municipalities from creating restrictions on crypto mining, such as rules around electricity use or noise, as well as prohibit state and local authorities from levying taxes unique to digital assets. Read more
Lawmakers opted to study the proposal further following a wave of public concern over plans to loosen local controls on crypto mining in the state. A vote from the Senate Commerce Committee on a bill aimed at deregulating crypto mining in New Hampshire was split on Thursday, after senators reported public feedback on the bill had surged since it was last debated. After being deadlocked twice, once on advancing the bill and again on rejecting it, the committee ultimately voted 4–2 to send the measure for further review in interim study, as first reported by the New Hampshire Bulletin. House Bill 639 would prevent municipalities from creating restrictions on crypto mining, such as rules around electricity use or noise, as well as prohibit state and local authorities from levying taxes unique to digital assets. Read more
The lack of understanding about Bitcoin's economic properties will result in a market dump at the first sign of trouble, Vineet Budki said. The price of Bitcoin (BTC) will continue to experience cyclical booms and busts, resulting in a drawdown of up to 70% during the next market downturn, according to Vineet Budki, CEO of venture firm Sigma Capital. There will be a BTC retracement of 65% to 70% in the next two years because traders do not understand the asset they are holding, Budki told Cointelegraph at the Global Blockchain Congress 2025 in Dubai, UAE. He said: Despite this, Budki still forecasts that Bitcoin will reach $1 million or more per coin within the next 10 years and stated that user adoption will grow from a combination of price speculation and, more importantly, real-world BTC use cases. Read more
The lack of understanding about Bitcoin's economic properties will result in a market dump at the first sign of trouble, Vineet Budki said. The price of Bitcoin (BTC) will continue to experience cyclical booms and busts, resulting in a drawdown of up to 70% during the next market downturn, according to Vineet Budki, CEO of venture firm Sigma Capital. There will be a BTC retracement of 65% to 70% in the next two years because traders do not understand the asset they are holding, Budki told Cointelegraph at the Global Blockchain Congress 2025 in Dubai, UAE. He said: Despite this, Budki still forecasts that Bitcoin will reach $1 million or more per coin within the next 10 years and stated that user adoption will grow from a combination of price speculation and, more importantly, real-world BTC use cases. Read more
The lack of understanding about Bitcoin's economic properties will result in a market dump at the first sign of trouble, Vineet Budki said. The price of Bitcoin (BTC) will continue to experience cyclical booms and busts, resulting in a drawdown of up to 70% during the next market downturn, according to Vineet Budki, CEO of venture firm Sigma Capital. There will be a BTC retracement of 65% to 70% in the next two years because traders do not understand the asset they are holding, Budki told Cointelegraph at the Global Blockchain Congress 2025 in Dubai, UAE. He said: Despite this, Budki still forecasts that Bitcoin will reach $1 million or more per coin within the next 10 years and stated that user adoption will grow from a combination of price speculation and, more importantly, real-world BTC use cases. Read more