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Bitcoin On The Menu: American Fastfood Chain Goes Crypto Nationwide
American fastfood chain Steak ‘n Shake will begin implementing Bitcoin payments at all of its US restaurants starting May 16. The news was announced on May 9 via a tweet on X, where the company posted the announcement: “The movement is just beginning,” and signed it off as “S...Bitcoinist
May 10, 2025
Cryptocurrencies
Wall Street’s richest investors are ditching US assets and loading up on Europe instead
The biggest names in finance are bailing on the US. Wall Street’s wealthiest institutions are cutting down on their dollar holdings and piling into European markets, as new data shows a massive pullback from US equities and bonds. According to the Financial Times, this is not a one-time reaction. It’s a long-term retreat, driven by […]Cryptopolitan
May 10, 2025
Other
Pakistan defence minister: no meeting of government top nuclear body is scheduled
ISLAMABAD, May 10 (Reuters) - Pakistan's Defence Minister Khawaja Asif said that no meeting of the National Command Authority, which is Pakistan's top military and civil body overseeing the country's nuclear arsenal, was scheduled following a military operation against India that took pl...Reuters
May 10, 2025
Cryptocurrencies
Bitcoin Market Cycle Indicator Hints At Bullish Breakout Ahead, Analyst Says
According to a recent CryptoQuant Quicktake post by contributor burakkemeci, Bitcoin (BTC) is beginning to show signs of a trend reversal after weeks of downward movement. Notably, BTC surged past $100,000 yesterday for the first time since February 3. Bitcoin On The Verge Of Trend Reversal? At the ...NewsBTC
May 10, 2025
Cryptocurrencies
Trump and Elon Musk get court order to stop federal layoffs immediately
A federal judge in San Francisco has granted Donald Trump and Elon Musk the emergency pause they wanted. On Friday, Senior US District Judge Susan Illston issued a court order that blocks Trump’s executive plan to lay off thousands of federal workers. This came after a February directive from the White House, signed by Trump, […]Cryptopolitan
May 10, 2025
Other
'Scopes just went black again' as Newark air traffic hit by new outage
FAA plans meeting with airlines to address Newark disruptionsAging infrastructure and staffing issues cause repeated outagesUnited Airlines calls for FAA flight limitations at NewarkBy Doyinsola Oladipo, David Shepardson and Dan Catchpole NEWARK/WASHINGTON May 9 (Reuters) - A facility that guides...Reuters
May 10, 2025
Cryptocurrencies
Sen. Tim Scott promises “painful repercussions” for Democrats who stalled crypto’s GENIUS Act
Senator Tim Scott said on Friday night that Democrats who voted against the GENIUS Act should expect “painful” political consequences. He made the statement after the crypto bill failed in the US Senate, where Democrats blocked it despite months of bipartisan talks. The GENIUS Act, led by Senator Bill Hagerty, would have created the first […]Cryptopolitan
May 10, 2025
Cryptocurrencies
Court Convicts US Man in ISIS Crypto-Funding Case; Sentenced to Over 30 Years
A US citizen from Springfield, Virginia has been sentenced to over three decades in federal prison after being convicted of using cryptocurrency to financially support the Islamic State (ISIS), a group designated as a foreign terrorist organization by the US government. According to a press release ...Bitcoinist
May 10, 2025
Other
EXCLUSIVE-Qataris search for bodies of Americans killed by Islamic State in Syria
Search mission discussed in Qatari trip to US, source saysIslamic State beheaded a number of Western hostagesQatari mission begins before Trump visit to DohaBy Andrew Mills and Jonathan Landay May 10 (Reuters) - A Qatari mission has begun searching for the remains of U.S. hostages killed by Islam...Reuters
May 10, 2025
Other
US mission to Pakistan restricts all personnel movements, State Department says
May 10 (Reuters) - The U.S. mission to Pakistan has restricted all personnel movements, the U.S. Department of State Consular Affairs said on Saturday.The State Department said it will reassess the situation this afternoon, adding that the Pakistan Army on Saturday advised all residents of the count...Reuters
May 10, 2025
Cryptocurrencies
3 Meme Coins Ready to Beat $PEPE and $BONK in the Next Meme Rally
Meme coins are back. After months of silence, they’re making noise again. $PEPE just pumped 45% in a single day, lighting up crypto charts like it’s 2021 all over again. $BONK, Solana’s meme star, is also gaining serious traction, with some experts even saying it could leave $DOGE in the dust. But h...Bitcoinist
May 10, 2025
Cryptocurrencies
Bitcoin Reaches $103K as Funding Rate Turns Positive Post-Liquidations
Bitcoin has revisited the $100,000 mark for the first time in months, gaining nearly 5% in the past week. As of the time of writing, BTC is trading at $102,922, up 3.5% on the day and just 5.2% shy of its all-time high of $109,000 recorded in January. The latest push above this critical psychologica...NewsBTC
May 10, 2025
Cryptocurrencies
Bitcoin FOMO Pours In: 344,620 New Addresses Pop Up As BTC Breaks $103,000
On-chain data shows address generation on the Bitcoin network has spiked as BTC has rallied above the $103,000 level. Bitcoin Network Growth Has Been On The Rise Recently In a new post on X, the on-chain analytics firm Santiment has talked about the latest trend in the Network Growth of Bitcoin. The...Bitcoinist
May 10, 2025
Other
Columbia University suspends more than 65 students over library occupation
By Kanishka Singh May 9 (Reuters) - Columbia University has suspended more than 65 students for their role in a pro-Palestinian demonstration that forced the shutdown of the main campus library, a school official said on Friday. The students were placed on interim suspension and will be prohibi...Reuters
May 10, 2025
Economic Indicator
China's factory-gate deflation deepens as trade war bites
Producer prices post steepest drop in six monthsDeflationary pressure may worsen as exports weaken, analyst saysCPI slips 0.1% in April, matching forecasts BEIJING, May 10 (Reuters) - China's factory-gate prices posted the steepest drop in six months in April while consumer prices fell for a ...Reuters
May 10, 2025
Economic Indicator
RPT-China's consumer prices fall for third straight month in April
BEIJING, May 10 (Reuters) - China's consumer prices fell for the third month in a row in April while producer deflation worsened, as policymakers navigate the economic impact of a trade war with the United States.The consumer price index edged down 0.1% last month from a year earlier, matching a...Reuters
May 10, 2025
Other
US top diplomat Rubio speaks with Pakistan army chief, urges de-escalation
May 9 (Reuters) - U.S. Secretary of State Marco Rubio spoke with Pakistan's Army Chief General Asim Munir on Friday and urged both Pakistan and India to find ways to de-escalate, a U.S. Department Of State spokesperson said.Rubio also offered U.S. assistance in starting constructive talks in ord...Reuters
May 10, 2025
Other
Judge orders temporary halt to Trump administration's government overhaul
Judge blocks layoffs due to lack of Congressional authorizationPlaintiffs likely to succeed on claims Trump exceeded authorityHearing set for May 22 to consider longer injunction WASHINGTON, May 9 (Reuters) - President Donald Trump's administration must temporarily halt its sweeping governmen...Reuters
May 10, 2025
Cryptocurrencies
Ethereum Breaks Multi-Year Downward Parabola vs Bitcoin – Bullish Reversal?
Ethereum is breaking out with force, shattering resistance at $1,850 and surging to a high of $2,490 in just a matter of hours, marking a staggering 37% gain. After months of sideways price action and bearish sentiment, ETH has reentered the spotlight with bullish momentum, fueling hopes across the ...Bitcoinist
May 10, 2025
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