Bitcoin and Michael Saylor

Steak’ n Shake says US same-store sales jumped about 16% in July and wants Bitcoin to share the credit. However, one figure remains conspicuously absent: how many customers actually used it. So, is the PR attached to Bitcoin now worth more than the chain itself? In a July 10 post, the burger chain said its…

Bitcoin reserve ratio on Binance hits a record low as $43B in stablecoins sits idle against thin BTC supply, CryptoQuant data shows. What finally makes it move? The dollars are parked. Almost seven out of every ten stablecoins held on centralized exchanges now sit on Binance, and very little of that money is moving anywhere….

Pakistan’s Federal Investigation Agency (FIA) established a dedicated investigative unit to probe cases involving cybercrime and financial fraud linked to cryptocurrency. First reported by Dawn news on Tuesday, the crypto investigation unit will probe digital asset use in crimes, while Pakistan’s Virt­ual Assets Regulatory Authority (PVARA) will continue being responsible for digital asset regulation. FIA…

Shibarium, which is Shiba Inu’s L2, saw a decline in activity over the last 24 hours. According to Shibariumscan explorer, the daily transaction count on the Shibarium blockchain fell from 5,170 recorded on July 10 to 1,280 on July 11, a 75% drop. After days running into weeks of flat network activity, the Shibarium transaction…

Two different reads on the housing market released Thursday point to the same problem, one that appears to be getting worse. Housing is just too expensive — to own and to build. Pending home sales in June, a measure of signed contracts on existing homes, fell 5.4% from May, according to the National Association of…

This week, macro events drove the crypto market. Renewed geopolitical tensions in the Middle East triggered a brief risk-off move, sending Bitcoin [BTC] and altcoins lower before BTC recovered and held above the $63,000 support level, highlighting its resilience. Against this backdrop, protocol-based altcoins dominated the winners’ list with strong double-digit rallies, while most of…