American restaurant chain Steak ‘n Shake said its nine‑month burger‑to‑Bitcoin strategy has driven same‑store sales growth and a $15 million Bitcoin reserve.
United States News
The United States has maintained the highest gross domestic product in the world since 1871, making it a critical player in the evolution of commerce, finance and technology. The U.S. has been home to some of the most successful, long-standing crypto exchanges and other businesses in the industry.
Over 10 years later, the role of Bitcoin (BTC) in the U.S.’s evolution into digital finance and commerce is still unclear, as U.S. cryptocurrency regulation is still inconsistent, hazy or, at best, done in a patchwork fashion across the 50 states and other territories.
Stay tuned as Cointelegraph covers all the important updates and stories regarding the regulation, maturation and evolution of the crypto space.
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A global survey of 4,658 crypto users found 39% receive income in stablecoins and 27% use them for payments, with stronger adoption in emerging markets.
1056 - Price Analysis
The relief rallies in Bitcoin and several major altcoins are stalling near their respective overhead resistance levels, signaling that the bears remain in control.
2225 - News
Nexo exited the US in 2022, citing regulatory hostility toward the crypto industry from federal and state financial regulators.
2443 - News
Binance said an internal review with external counsel found no sanctions violations and that it continues to meet its regulatory obligations under monitoring and oversight.
2079 - News
Elizabeth Warren and Andy Kim call on Treasury’s Scott Bessent to review a UAE-backed investment in the Trump-linked crypto firm over national security concerns.
2364 - News
The ETF issuer warned that investors who pick the fund tied to the losing US presidential outcome could lose nearly all invested capital.
3807 - Altcoin Watch
Ether holds $2,000, but may remain under pressure as traders watch corporate earnings, US government debt and growing global tensions.
3673 - News
Delaying the CLARITY market structure bill until 2027, after the US midterm elections, may significantly reduce its chances of passage, the Treasury secretary said.
3196 - News
A federal judge sentenced PGI founder Ramil Palafox to 20 years in prison for running a Bitcoin Ponzi scheme that raised over $200 million from customers between 2019 and 2021.
5697 - Market Analysis
Bitcoin open interest falls to $34 billion as investor demand dries up and traders’ concerns shift to worrying US macroeconomic data. Is TradFi exiting BTC?
2221 - News
Al Green is running against Christian Menefee in the Democratic Party primary elections next month, with Texas one of the first states to vote.
2994 - News
Traditional risk-weightings and models cannot account for crypto's high volatility or market behavior, according to a Federal Reserve paper.
3672 - Market Update
Bitcoin and Ether spot ETF holders are nursing steep losses as the market continues to search for a local bottom, but data from Bloomberg suggests neither cohort is capitulating.
1454 - News
The US National Credit Union Administration proposed a federal licensing regime for payment stablecoin issuers operating through credit union subsidiaries.
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