Coinbase’s Brian Armstrong Says White House ‘Super Constructive’ Despite Crypto Bill Fallout – Coinbase Global (NASDAQ:COIN)

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong has pushed back against claims that the White House is unhappy with the company’s handling of the crypto market structure bill.

CEO Pushes Back Against White House Report

Armstrong took to X to address a recent report by journalist and Crypto In America podcast co-host Eleanor Terrett, which suggested that the White House was considering withdrawing its support for the bill if Coinbase did not return to the negotiating table with a satisfactory yield agreement for banks.

According to Terrett’s post, the White House was reportedly upset by what it viewed as Coinbase’s “unilateral” actions and an apparent effort to speak on behalf of the…

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Steak ’n Shake Adds $10,000,000 In Bitcoin To Treasury

Popular fast-food chain Steak ’n Shake added $10 million worth of bitcoin to its corporate treasury, deepening its commitment to bitcoin eight months after rolling out BTC payments across all U.S. locations.

The company said on social media that the move follows a “self-reinforcing cycle” driven by bitcoin adoption, where customers paying in BTC help generate incremental revenue that is then recycled into business improvements. 

According to Steak ’n Shake, all bitcoin-denominated revenue flows directly into what it calls its strategic bitcoin reserve, which is used to fund restaurant upgrades, ingredient improvements, and remodeling initiatives—without raising menu prices.

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Burger Chain Steak ‘N Shake Just Supersized Its Bitcoin Holdings

Iconic American burger chain Steak ‘n Shake has added $10 million worth of Bitcoin (CRYPTO: BTC) to its balance sheet. This comes after the company started accepting Bitcoin payments in 2025.

Steak ‘n Shake’s Bitcoin Treasury made a significant acquisition of the cryptocurrency. The company announced the purchase via X on Saturday, highlighting a boost in sales since it began accepting Bitcoin.

“Eight months ago today, Steak n Shake launched its burger-to-Bitcoin transformation when we started accepting bitcoin payments. Our same-store sales have risen dramatically ever since. All Bitcoin sales go into our Strategic Bitcoin Reserve. Today we increased our Bitcoin exposure by… Read more on Benzinga

Michael Saylor Once Told NFL Star Saquon Barkley To ‘Throw It All In’ On Bitcoin, And The Eagles Running Back Wished He Had Heeded The Advice

National Football League superstar Saquon Barkley, a known Bitcoin (CRYPTO: BTC) enthusiast, was once suggested by Strategy Inc. (NASDAQ:MSTR) founder Michael Saylor to go all-in on the apex cryptocurrency.

Did Barkley Miss Out On A Major Opportunity?

Speaking to Boardroom media at Coinbase’s annual State of Crypto Conference on Jul. 22, 2025, the Philadelphia Eagles star reminisced about a “funny” interaction with Saylor about how much to invest in Bitcoin.

“Throw it all in,” Saylor advised. Barkley wasn’t very sure of the idea at the time, but conceded in the interview that he should have probably ‘listened’ to the Bitcoin bull.

Saquon Barkley’s Advice For Investors

Benzinga

Bitcoin At $95,000 As Ethereum, XRP, Dogecoin Trend Lower After Crypto Bill Delay

Bitcoin is trading around $95,000 as traders remained cautious following the Senate’s decision to postpone debate on a crypto market structure bill.

Notable Statistics:

Coinglass data shows 93,705 traders were liquidated in the past 24 hours for $181.70 million.       

In the past 24 hours, top gainers include Story, Dash and Sky.

Notable Developments:

Trader Notes: Crypto chart analyst Ali Martinez said Bitcoin appears to be in a bullish retest, consolidating just below the $100,000 mark.

He noted that holding above $94,555 is critical to preserve the bullish structure and keep the door open for a push into six-figure territory.

Crypto Tony said bulls must reclaim $95,100 to…

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Coinbase CEO Accuses Banks Of Undermining Trump’s Crypto Agenda 

Coinbase CEO Brian Armstrong has accused major U.S. banks of attempting to sabotage President Donald Trump’s pro-crypto agenda, warning that proposed changes to a Senate market structure bill could stifle innovation, ban entire categories of digital assets and strip Americans of the ability to earn yield on stablecoins.

In a wide-ranging interview with Fox Business anchor Maria Bartiromo on Mornings With Maria, Armstrong said the latest draft of legislation emerging from the Senate Banking Committee represents a “giveaway to the banks” that risks regulatory overreach and undermines recent bipartisan progress on crypto policy.

“After reviewing the Senate Banking draft…

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Bitcoin Is Now A ‘Macro Asset’ And Set For 2026 ‘Risk Reboot’: Report

Binance sees Bitcoin (CRYPTO: BTC) on track to become a macro-driven financial asset, fueled by institutional adoption, regulated products, and advancing stablecoin regulation.

What Happened: In its 2025 review and 2026 forecast, Binance said 2025 was a milestone but volatile year for crypto, with total market value surpassing $4 trillion.

Price action, however, was dominated by macro uncertainty, shifting monetary policy, trade tensions, and geopolitical risks.

Bitcoin traded within a wide 75% range and ended the year down about 7.9%.

Binance noted that crypto price formation increasingly tracked traditional macro cycles rather than purely crypto-native adoption.

Institutional…

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This Analyst Is Dumping Bitcoin Over Quantum Computing Fears

Christopher Wood, global head of equity strategy at Jefferies, has eliminated Bitcoin from his flagship Greed & Fear model portfolio, citing concerns that developments in quantum computing could pose an existential threat to the cryptocurrency’s cryptographic foundations.

In the latest edition of the widely followed newsletter, Wood confirmed that Jefferies has removed its entire 10% Bitcoin allocation, replacing it with a split allocation of 5% to physical gold and 5% to gold-mining equities, according to Bloomberg. 

The strategist said the move reflects rising uncertainty over whether Bitcoin can maintain its role as a long-term store of value in the face of accelerating…

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