- Crunch
- Global
Fast food chain Steak ‘n Shake, a wholly owned subsidiary of Biglari Holdings (NYSE:BH), announced Tuesday it will give a Bitcoin (CRYPTO: BTC) bonus for all hourly employees at its company-operated restaurants beginning March 1.
Bitcoin Bonuses Are Here?
In an X post, the iconic American burger chain announced a bonus of $0.21 worth of Bitcoin for every hour worked.
“Employees will be able to collect their Bitcoin pay after a two-year vesting period,” the company said.
Steak ‘n Shake has partnered with Fold, a Bitcoin-focused personal finance application, to create the bonus program.
This move comes after the burger chain added $10 million worth of Bitcoin to its balance…
Read more on Benzinga
Winklevoss twins, the co-founders of Gemini Space Station, Inc. (NASDAQ:GEMI), donated over $1 million to support the privacy-focused Zcash (CRYPTO: ZEC) cryptocurrency on Tuesday.
‘Unstoppable Private Money’
Cameron and Tyler Winklevoss donated 3,221 ZEC tokens, worth $1.4 million, to Shielded Labs, an independent organization that supports the development of the Zcash network.
Cameron Winklevoss described Zcash as “unstoppable private money,” adding that he and his brother are committed to supporting its mission.
“Privacy is the next frontier in crypto. It’s the point at which government and corporate overreach end and your freedom and self-sovereignty begin,” he… Read more on Benzinga
World Liberty Financial (WLFI) co-founder Donald Trump Jr. announced Tuesday the World Liberty Forum, a gathering for major influencers in technology and finance, to be held at Mar-a-Lago next month.
A Trump Family-Backed Event
In a video posted on X by the World Liberty Financial team, Trump Jr. marketed the event, scheduled for Feb. 18, as the “most exclusive” in technology and finance.
“We’re bringing together a select group of the smartest people we know and respect from finance and technology — people who are building and leading the best companies, moving serious money, and driving American innovation forward,” Trump Jr. said.
The event is invitation-only, with requests…
Read more on Benzinga
Leading cryptocurrencies fell alongside stocks on Tuesday as President Donald Trump’s tariff threats threw risk-on markets into a tailspin.
CryptocurrencyGains +/-Price (Recorded at 8:20 p.m. ET)Bitcoin (CRYPTO: BTC)-3.95%$88,951.35Ethereum (CRYPTO: ETH) -6.76%$2,965.89XRP (CRYPTO: XRP) -3.42%$1.91Solana (CRYPTO: SOL) -4.57%$127.45Dogecoin (CRYPTO: DOGE) -2.23%$0.1254Crypto Market Goes Into ‘Extreme Fear’
Bitcoin plunged below $88,000, with trading volume surging 76% over the last 24 hours.
The market sell-off spread widely, driving…
Read more on Benzinga
Bitcoin\s (CRYPTO: BTC) longtime skeptic Peter Schiff on Tuesday warned that Bitcoin holders who bought for the same reasons he bought gold will lose money, even when their economic forecasts prove correct.
Schiff’s Warning: Right Thesis, Wrong Asset
Schiff posted on X that Bitcoin holders who prepared for the economic crisis by buying BTC instead of gold face a “frustrating and unfortunate” outcome.
“It’s going to be very frustrating for Bitcoin HODLers, who actually bought Bitcoin for the same reasons I bought gold and silver, to see all the economic forecasts we had in common come true, but to end up losing more money than people who did nothing to prepare,” Schiff wrote.
Benzinga
U.S. Commodity Futures Trading Commission (CFTC) Chairman Mike Selig posted an op-ed on Tuesday outlining an aggressive push to modernize U.S. financial regulation, pledging to move away from what he called years of “regulation by enforcement” and toward clear, tailored rules for digital assets, prediction markets and other emerging technologies.
In a policy statement and accompanying opinion piece, Selig framed the effort as a pivotal moment for American financial markets, arguing that advances in blockchain and artificial intelligence are enabling entirely new products, platforms and business models that legacy regulations were never designed to oversee.
“Advances in…
Read more on BitcoinMagazine
Bitcoin fell below $90,000 on Tuesday as renewed tariff threats weighed on risk assets, triggering more than half a million liquidations across the crypto market.
Notable Statistics:
Coinglass data shows 163,275 traders were liquidated in the past 24 hours for $693.07 million.
In the past 24 hours, top losers include Monero, Dash and Hyperliquid.
Notable Developments:
Trader Notes: Entrepreneur and Bitcoin investor Lark Davis said Bitcoin faced a sharp rejection at the 50-week exponential moving average, a technical setup often referred to as a “kiss of death.”
He noted that price is now sitting on key trendline support, and that even a fresh $2 billion in buying from…
Read more on Benzinga
Comments from U.S. Treasury Secretary Scott Bessent at the World Economic Forum in Davos have reignited speculation around a formal U.S. Bitcoin (CRYPTO: BTC) reserve, driving a sharp jump in Polymarket betting odds.
U.S. Bitcoin Reserve Plans Gain Momentum After Bessent’s Davos Remarks
Speaking at Davos, Bessent reiterated that the U.S. government’s crypto strategy has shifted toward making America the most attractive jurisdiction for digital assets and innovation.
“We want to be the best regulatory regime for digital assets and creativity to spark innovation,” he said.
According to journalist and host Christine Lee, Bessent also reaffirmed the administration’s commitment to a strategic…
Read more on Benzinga