cryptocurrency

Yesterday, on Thursday, Steak ‘n Shake, the traditional American fast-food chain, revealed something monumental. Starting May 16, all of its U.S. stores will start accepting payment in Bitcoin! With over 100 million customers, Steak ’n Shake has an enormous claim to fame. Early adopters of the Bitcoin and cryptocurrency trend,...

Steak ‘n Shake accepting Bitcoin? At face value, this seems like a gimmick, a last-ditch effort to wring headlines in a competitive space. Look underneath the hood, and you’ll discover it’s a really interesting institutional adoption stress test with gigantic ripple effects. Will it work? Honestly, the odds are stacked...

Solana. It’s that blockchain, the one that was supposed to deliver the high speed, low transactional cost, and DeFi (decentralized finance) El Dorado. Truth be told, it’s been a wild ride. Including the highs of the recent meme coin mania or the dramatic lows of catastrophic global network outages. So...

That’s why I think of Maria, the single mother I met recently while waiting in line at Steak ‘n Shake. She was overwhelmed, just like her kids, balancing the demands of parenting with an impossible, limited financial runway. I overheard her saying, "If only there was a way to stretch...

As the world of cryptocurrency increasingly finds its way into our everyday lives, the most recent arrival may come as a shock. Steak ‘n Shake, the beloved American burger chain, is now testing Bitcoin payments at various locations. This move raises a critical question: Can burgers and Bitcoin truly mix?...

The name’s been floating around Solana circles for months now, like a new meme coin on its second day of up-only. Simplified concentrated liquidity, bulletproof yield, KMNO token to boot? It's intoxicating, I get it. Before we dive deep into the plunge, let’s just hit pause for a second. These...

Hut 8, one of the biggest players in the Bitcoin mining sector, recently disclosed a jaw dropping $134 million Q1 loss. This $3 trillion number is indeed a misleading figure that has sent some shockwaves across the crypto community. MetaBlock X predicts that this loss is due, in part, to...

Hut 8’s recent financial performance is, at the very least, alarming. A $134.3 million loss isn’t a missed quarter, it’s not even a correction, but is rather the flashing red light indicating disaster. The halving took its toll, but the operational downtime loomed even larger. Leading their efforts today, though,...

The numbers don't lie. Hut 8’s latest earnings report is a sobering wake-up call to the harsh new world that awaits Bitcoin miners after the halving. A move from $19 billion in profit to a nearly $29 billion loss – that’s not a small downturn, that’s a deep dive. Is...

Despite the crypto boom, Hut 8 Corp recently had one of the largest US-listed stock downgrades on record. Their Q3 net loss came in at $134.3 million. That’s a $250.7 million reversal from the $250.7 million profit the company posted in that same quarter last year. That drop is due...