The Senate’s crypto market structure bill is likely to be pushed back for weeks after Coinbase withdrew its support, prompting the Banking Committee to shelve the legislation and pivot to housing priorities.
Steak ‘n Shake is launching a bitcoin bonus program for hourly workers, giving $0.21 per hour worked that vests after two years, following its $10 million corporate bitcoin purchase.
Coinbase CEO Brian Armstrong sparred with France’s central bank governor at the World Economic Forum, arguing that Bitcoin’s decentralized, fixed-supply design makes it more independent than central banks.
Jefferies strategist Christopher Wood has dropped Bitcoin from his Greed & Fear portfolio, citing quantum computing as a potential existential threat to its cryptography.
West Virginia lawmakers introduced a bill that would allow the state treasurer to invest up to 10% of public funds in bitcoin, gold and precious metals.
PREDICT BITCOIN
