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π Steak 'n Shake Accepts Bitcoin!
Starting today, 482 locations of the iconic American burger chain Steak 'n Shake now accept Bitcoin payments via the Lightning Network β‘οΈ
To celebrate, theyβre serving up βΏ-branded burgers with a special stamp featuring the Bitcoin logo. Yes, you can now literally eat the dip β in style.
Starting today, 482 locations of the iconic American burger chain Steak 'n Shake now accept Bitcoin payments via the Lightning Network β‘οΈ
To celebrate, theyβre serving up βΏ-branded burgers with a special stamp featuring the Bitcoin logo. Yes, you can now literally eat the dip β in style.
π12β€1
π Average transaction sizes by blockchain β who moves the big money?
According to fresh data, Ethereum leads the pack with a whopping $68,000 average per transaction πΈ
Runners-up:
πΉ Base β $20,000
πΉ Tron β $8,900
But hereβs the twist: L1 chains like Mantle ($6,800) and Sui ($5,800) are ahead of L2 giants like Optimism and Arbitrum in this metric π
According to fresh data, Ethereum leads the pack with a whopping $68,000 average per transaction πΈ
Runners-up:
πΉ Base β $20,000
πΉ Tron β $8,900
But hereβs the twist: L1 chains like Mantle ($6,800) and Sui ($5,800) are ahead of L2 giants like Optimism and Arbitrum in this metric π
π6β‘1
π Illiquid Bitcoin Supply Surges β Supply Shock Incoming?
The volume of illiquid BTC β coins held in wallets with little to no selling history β is now rising sharply, signaling increased long-term accumulation. π§
Amid growing institutional demand and limited new supply, this trend points toward a potential supply shock. β‘οΈ
If demand continues to rise while available BTC on the market keeps shrinking, upward price pressure becomes increasingly likely. π
The volume of illiquid BTC β coins held in wallets with little to no selling history β is now rising sharply, signaling increased long-term accumulation. π§
Amid growing institutional demand and limited new supply, this trend points toward a potential supply shock. β‘οΈ
If demand continues to rise while available BTC on the market keeps shrinking, upward price pressure becomes increasingly likely. π
π8
CryptoQuant: ETH/BTC likely hit bottom β altseason ahead? π
π CryptoQuant analysts believe Ethereum has already bottomed out against Bitcoin. The ETH/BTC pair has surged 38% from its recent 5-year low, signaling a potential trend reversal.
This momentum could mark the beginning of a new altseason, with ETH leading the charge.
Altcoins warming up? Keep your bags close. π§³π
π CryptoQuant analysts believe Ethereum has already bottomed out against Bitcoin. The ETH/BTC pair has surged 38% from its recent 5-year low, signaling a potential trend reversal.
This momentum could mark the beginning of a new altseason, with ETH leading the charge.
Altcoins warming up? Keep your bags close. π§³π
π7
Crypto soothsayer
π Illiquid Bitcoin Supply Surges β Supply Shock Incoming? The volume of illiquid BTC β coins held in wallets with little to no selling history β is now rising sharply, signaling increased long-term accumulation. π§ Amid growing institutional demand and limitedβ¦
π Basel Medical Group Enters the Bitcoin Game β $1B Strategy Announced
Singapore-based Basel Medical Group Ltd has unveiled a bold move: the company plans to acquire $1 billion worth of Bitcoin as part of a new strategic initiative.
This marks one of the largest BTC acquisition announcements by a healthcare company, signaling growing corporate interest in crypto as a reserve asset β even from sectors far outside traditional finance.
Bitcoin: not just for tech anymore. π₯β‘οΈβΏ
Singapore-based Basel Medical Group Ltd has unveiled a bold move: the company plans to acquire $1 billion worth of Bitcoin as part of a new strategic initiative.
This marks one of the largest BTC acquisition announcements by a healthcare company, signaling growing corporate interest in crypto as a reserve asset β even from sectors far outside traditional finance.
Bitcoin: not just for tech anymore. π₯β‘οΈβΏ
π9
π BTC Flash Surge or Insider Move?
Last night, $BTC suddenly spiked to $107K β without any news. Just moments later, it dropped back and now trades around $103K.
Altcoins followed suit, showing similar sharp moves and corrections.
This kind of price action looks a lot like insider trading β someone might be acting on unreleased info. π§
In 4 hours, U.S. markets open. If there's bad news coming, it could hit traditional markets soon too. π
So... are we heading for a deeper dump or just a healthy pullback before liftoff? Buckle up β next hours could reveal a lot.π’
Last night, $BTC suddenly spiked to $107K β without any news. Just moments later, it dropped back and now trades around $103K.
Altcoins followed suit, showing similar sharp moves and corrections.
This kind of price action looks a lot like insider trading β someone might be acting on unreleased info. π§
In 4 hours, U.S. markets open. If there's bad news coming, it could hit traditional markets soon too. π
So... are we heading for a deeper dump or just a healthy pullback before liftoff? Buckle up β next hours could reveal a lot.π’
π―4π€3π2β€1
π¬π§ UK to Crypto Firms: No Data, No Mercy
Starting 2026, all crypto firms serving UK users β even foreign ones β must report everything:
π€ User info (legal name, address, tax ID)
πΈ Every transaction (amount, asset, type, direction)
Miss a detail? Thatβll be Β£300 per user. π
The UK is adopting the Cryptoasset Reporting Framework (CARF) to fight tax evasion and bring crypto in line with traditional finance. π΅
Unlike the EUβs MiCA, the UK wants crypto integrated into existing finance laws β not a separate world. π§
Regulators say it's about boosting investor trust and growing fintech, but firms better start logging every satoshi now, or 2026 will hurt.
Starting 2026, all crypto firms serving UK users β even foreign ones β must report everything:
π€ User info (legal name, address, tax ID)
πΈ Every transaction (amount, asset, type, direction)
Miss a detail? Thatβll be Β£300 per user. π
The UK is adopting the Cryptoasset Reporting Framework (CARF) to fight tax evasion and bring crypto in line with traditional finance. π΅
Unlike the EUβs MiCA, the UK wants crypto integrated into existing finance laws β not a separate world. π§
Regulators say it's about boosting investor trust and growing fintech, but firms better start logging every satoshi now, or 2026 will hurt.
π€8
π Bitcoin ETFs Keep Buying β 26,729 BTC Added in May (So Far)
In May 2025, spot Bitcoin ETFs have already added 26,729 BTC to their holdings β showing continued institutional interest.
π While it's far from the all-time monthly record of 116,000 BTC set in February 2024, the steady accumulation signals ongoing confidence from major players.
In May 2025, spot Bitcoin ETFs have already added 26,729 BTC to their holdings β showing continued institutional interest.
π While it's far from the all-time monthly record of 116,000 BTC set in February 2024, the steady accumulation signals ongoing confidence from major players.
π5
Vitalik Buterin proposes scaling Ethereum without sacrificing decentralization π
He suggested updating Ethereumβs roadmap to significantly raise the network's throughput (by increasing the gas limit), while still allowing users to run their own nodes. βοΈ
His proposal centers on partially stateless nodes β nodes that validate blocks without storing the full state, keeping only relevant data (e.g., token balances the user interacts with). Combined with EIP-4444, which limits on-node history to 36 days, this would reduce the burden on full nodes. π§
The goal: scale Ethereum by 10β100Γ, while preserving the core principle of user sovereignty β the ability to access and verify blockchain data independently, without relying on third-party services. π
He suggested updating Ethereumβs roadmap to significantly raise the network's throughput (by increasing the gas limit), while still allowing users to run their own nodes. βοΈ
His proposal centers on partially stateless nodes β nodes that validate blocks without storing the full state, keeping only relevant data (e.g., token balances the user interacts with). Combined with EIP-4444, which limits on-node history to 36 days, this would reduce the burden on full nodes. π§
The goal: scale Ethereum by 10β100Γ, while preserving the core principle of user sovereignty β the ability to access and verify blockchain data independently, without relying on third-party services. π
π8
π HODL Mode: 17% of All BTC Untouched for Over 10 Years
A record-breaking 3.37M BTC (over 17% of total supply) havenβt moved in 10+ years β the highest ever.
π€ Coins dormant for 3β5 years also surged to 2.87M BTC, up by 700K.
Meanwhile, 8% of BTC is actively circulating (moved in the last month) β the highest level since Jan 2024.
π Takeaway: Some are cashing out, but long-term holders are stronger than ever. The diamond hands are still in charge πβ
A record-breaking 3.37M BTC (over 17% of total supply) havenβt moved in 10+ years β the highest ever.
π€ Coins dormant for 3β5 years also surged to 2.87M BTC, up by 700K.
Meanwhile, 8% of BTC is actively circulating (moved in the last month) β the highest level since Jan 2024.
π Takeaway: Some are cashing out, but long-term holders are stronger than ever. The diamond hands are still in charge πβ
π8
π Arthur Hayes predicts altseason by Q3!
Legendary ex-Bitmex CEO is back with bold forecasts:
πΈ Altseason kicks off this summer or early Q3.
πΈ ETH > SOL in performance over next 18β24 months.
πΈ BTC to hit $250K by end of 2025.
πΈ And long-term? Hayes sees $1M Bitcoin before Trump leaves office.
Ready or not β the moon math is back! ππ
π Full article
Legendary ex-Bitmex CEO is back with bold forecasts:
πΈ Altseason kicks off this summer or early Q3.
πΈ ETH > SOL in performance over next 18β24 months.
πΈ BTC to hit $250K by end of 2025.
πΈ And long-term? Hayes sees $1M Bitcoin before Trump leaves office.
Ready or not β the moon math is back! ππ
π Full article
π5
π³ Strategy keeps stacking BTC!
From May 12β18, the company (formerly MicroStrategy) bought 7,390 BTC for $764.9M β at an average price of $103,498 per coin.
π As of May 19, they now hold 576,230 BTC, or ~2.6% of total supply.
π° Total spent since 2020: $40.18B
π Avg buy price: $69,726
From May 12β18, the company (formerly MicroStrategy) bought 7,390 BTC for $764.9M β at an average price of $103,498 per coin.
π As of May 19, they now hold 576,230 BTC, or ~2.6% of total supply.
π° Total spent since 2020: $40.18B
π Avg buy price: $69,726
π4π2
π¦πΊ Australian Court Rules Bitcoin Is Money, Not an Asset π΅
βοΈ In a landmark decision, an Australian judge has ruled that Bitcoin qualifies as a form of money, not an asset β a classification that could exempt it from capital gains tax.
π The ruling may pave the way for up to $1 billion in tax refunds for investors and set a major legal precedent for how digital assets are treated in Australia.
While not yet a broad policy shift, the case could influence future crypto taxation frameworks β both in Australia and beyond.
βοΈ In a landmark decision, an Australian judge has ruled that Bitcoin qualifies as a form of money, not an asset β a classification that could exempt it from capital gains tax.
π The ruling may pave the way for up to $1 billion in tax refunds for investors and set a major legal precedent for how digital assets are treated in Australia.
While not yet a broad policy shift, the case could influence future crypto taxation frameworks β both in Australia and beyond.
π8β€3
Crypto soothsayer
π³ Strategy keeps stacking BTC! From May 12β18, the company (formerly MicroStrategy) bought 7,390 BTC for $764.9M β at an average price of $103,498 per coin. π As of May 19, they now hold 576,230 BTC, or ~2.6% of total supply. π° Total spent since 2020: $40.18Bβ¦
βοΈ Saylorβs Strategy under fire
π A class action lawsuit has been filed against Strategy (ex-MicroStrategy), Michael Saylor, and executives, alleging they misled investors about the risks and profitability of their aggressive Bitcoin investment strategy.
π The case covers April 2024 to April 2025.
πΌ Claims include failure to disclose risks tied to Bitcoin volatility and potential losses under updated accounting rules.
π° Plaintiffs seek damages and legal costs.
Strategy says it will βvigorously defendβ itself β but the legal storm has just begun. π©
π A class action lawsuit has been filed against Strategy (ex-MicroStrategy), Michael Saylor, and executives, alleging they misled investors about the risks and profitability of their aggressive Bitcoin investment strategy.
π The case covers April 2024 to April 2025.
πΌ Claims include failure to disclose risks tied to Bitcoin volatility and potential losses under updated accounting rules.
π° Plaintiffs seek damages and legal costs.
Strategy says it will βvigorously defendβ itself β but the legal storm has just begun. π©
π9
π Arkham revisits Germanyβs infamous Bitcoin sell-off
The German government sold 49,958 BTC for $2.9B at an average price of $57,900 β right at what now looks like a key support level. π°π
In hindsight, the sale appears poorly timed: with current prices much higher, Germanyβs "supportive exit" may have cost taxpayers around $2.35B in unrealized gains. π
A historic example of why timing matters β even for governments. β³
The German government sold 49,958 BTC for $2.9B at an average price of $57,900 β right at what now looks like a key support level. π°π
In hindsight, the sale appears poorly timed: with current prices much higher, Germanyβs "supportive exit" may have cost taxpayers around $2.35B in unrealized gains. π
A historic example of why timing matters β even for governments. β³
π6β€3
π Ethereum supply on exchanges hits 10-year low
For the first time in a decade, only 4.9% of all ETH is held on centralized exchanges β signaling strong holding sentiment. π
Meanwhile, BTC supply on exchanges has also dropped to 7.1%, its lowest level since Nov 2018.
Unlikely that ETH is simply moving to DEXes β the trend points to reduced sell pressure and potential for upward price momentum. π§
For the first time in a decade, only 4.9% of all ETH is held on centralized exchanges β signaling strong holding sentiment. π
Meanwhile, BTC supply on exchanges has also dropped to 7.1%, its lowest level since Nov 2018.
Unlikely that ETH is simply moving to DEXes β the trend points to reduced sell pressure and potential for upward price momentum. π§
π5β€3
π’ Bybit launches stock trading with USDT
Bybit now allows users to trade top stocks like TSLA, MSTR, NVIDIA, META and more β directly using USDT.
The new feature is part of Bybitβs Gold & FX platform expansion. It opens access to traditional markets without leaving the crypto ecosystem. π§ π
π More details in the official announcement
Bybit now allows users to trade top stocks like TSLA, MSTR, NVIDIA, META and more β directly using USDT.
The new feature is part of Bybitβs Gold & FX platform expansion. It opens access to traditional markets without leaving the crypto ecosystem. π§ π
π More details in the official announcement
π₯7
πΊπΈ SEC delays decision on Solana ETFs
The SEC has postponed its decision on Solana ETF applications from 21Shares, Bitwise, and VanEck. π€·
π The regulator opened a public comment period, signaling that final approval (or rejection) wonβt come soon.
While the delays were expected, the market continues to watch closely β approval could mark a major milestone for SOLβs institutional adoption. π§
π 21Shares & Bitwise
π VanEck filing
The SEC has postponed its decision on Solana ETF applications from 21Shares, Bitwise, and VanEck. π€·
π The regulator opened a public comment period, signaling that final approval (or rejection) wonβt come soon.
While the delays were expected, the market continues to watch closely β approval could mark a major milestone for SOLβs institutional adoption. π§
π 21Shares & Bitwise
π VanEck filing
π7β€1
π¨ Warning: Bitcoin-stealing malware in printer drivers
π΅π» Researchers have discovered malware in official drivers from Chinese printer brand Procolored, known for UV printers for mugs, T-shirts, and more. π¨β οΈ
π The malware was hidden in drivers uploaded to MEGA since October 2023 and silently replaced copied crypto wallet addresses with those of attackers.
πΈ Over $950,000 in BTC has already been stolen.
π§Ό If you installed Procolored software β scan your system or reinstall your OS immediately.
The company claims it removed the infected files on May 8.
π Details
π΅π» Researchers have discovered malware in official drivers from Chinese printer brand Procolored, known for UV printers for mugs, T-shirts, and more. π¨β οΈ
π The malware was hidden in drivers uploaded to MEGA since October 2023 and silently replaced copied crypto wallet addresses with those of attackers.
πΈ Over $950,000 in BTC has already been stolen.
π§Ό If you installed Procolored software β scan your system or reinstall your OS immediately.
The company claims it removed the infected files on May 8.
π Details
πΎ5β€1
π Fidelity: Bitcoin is catching up to gold as a store of value
Jurrien Timmer, Fidelityβs Director of Global Macro, says BTCβs price above $100K and rising Sharpe ratio shows itβs ready to rival gold.
π Key insights:
βͺοΈBitcoin's risk-adjusted returns now rival goldβs β boosting its store-of-value (SoV) status.
βͺοΈTimmer recommends a 4:1 gold-to-BTC ratio for SoV portfolios.
βͺοΈDespite a weak Q1, BTC ETF inflows are recovering as macro conditions improve.
π In 2025, gold surged 30%, while BTC rose only 3.8%, but analysts now project BTC targets of $110Kβ$444K this year.
Jurrien Timmer, Fidelityβs Director of Global Macro, says BTCβs price above $100K and rising Sharpe ratio shows itβs ready to rival gold.
π Key insights:
βͺοΈBitcoin's risk-adjusted returns now rival goldβs β boosting its store-of-value (SoV) status.
βͺοΈTimmer recommends a 4:1 gold-to-BTC ratio for SoV portfolios.
βͺοΈDespite a weak Q1, BTC ETF inflows are recovering as macro conditions improve.
π In 2025, gold surged 30%, while BTC rose only 3.8%, but analysts now project BTC targets of $110Kβ$444K this year.
π₯7