🔵 #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
🔵 #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Let’s hear your thoughts!
fast food bitcoin payments
Key Points:* Steak ‘n Shake embraces Bitcoin payments across US locations, potentially revolutionizing digital payment methods.
US Fast-Food Chain Champions Bitcoin’s Everyday Use
Steak ‘n Shake announced that it will accept Bitcoin at all US locations starting May 16, providing customers an alternative payment method. This follows an online tease in March, garnering attention from industry figures like Jack Dorsey. With over 100 million customers, the chain’s decision represents a major adoption step for cryptocurrency in the food industry. This shift could attract crypto enthusiasts and reduce transaction fees, although Bitcoin’s volatility poses challenges for both parties. Jack Dorsey’s public support for this initiative signifies an endorsement from a key cryptocurrency advocate. According to an Instagram Announcement, “We will be accepting Bitcoin payments at all locations starting May 16, making the cryptocurrency available to our more than 100 million customers.”
Bitcoin Price and Regulatory Concerns Amid Adoption
Did you know? The integration of Bitcoin payments by Steak ‘n Shake marks one of the largest adoptions by a fast-food chain, contrasting the industry norm of limited pilots.
As reported by CoinMarketCap, Bitcoin (BTC) currently trades at $102,706.81, with a market cap of $2.04 trillion and a 24-hour price change of 3.90%. Its dominance stands at 63.44% in the market, reflecting its ongoing influence. Insights from the Coincu research team suggest this widespread adoption of Bitcoin could encourage similar moves across various retail sectors, although regulatory hurdles may require attention. Such comprehensive adoption could become a blueprint for broader cryptocurrency acceptance in mainstream retail.
Jack Dorsey’s public support for this initiative signifies an endorsement from a key cryptocurrency advocate.
Market Data and Future Implications
Did you know? The integration of Bitcoin payments by Steak ‘n Shake marks one of the largest adoptions by a fast-food chain, contrasting the industry norm of limited pilots.
As reported by CoinMarketCap, Bitcoin (BTC) currently trades at $102,706.81, with a market cap of $2.04 trillion and a 24-hour price change of 3.90%.