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Vitalik Buterin Confirms Support for Steak ’n Shake’s ETH Payment Pause After Bitcoin Community Pushback
Vitalik Buterin Confirms Support for Steak ’n Shake’s ETH Payment Pause After Bitcoin Community Pushback

Quick Take Summary is AI generated, newsroom reviewed. Vitalik Buterin supports Steak ’n Shake pausing its ETH vote, calling it a principled move. Bitcoin community pressure led to the halt, citing BTC’s superior Lightning performance. ETH averages 15–30 TPS with $3–$10 fees; BTC Lightning offers faster, cheaper payments. Steak ’n Shake processed 120,000 BTC transactions since May 2025 via BitPay. The pause underscores ideological divides shaping crypto merchant adoption in 2025.References X Post Reference

coinfomania·2025/10/12 06:54
Bitmine Confirms $480 Million Ethereum Accumulation Strengthens World’s Largest ETH Treasury
Bitmine Confirms $480 Million Ethereum Accumulation Strengthens World’s Largest ETH Treasury

Quick Take Summary is AI generated, newsroom reviewed. Bitmine bought 128,718 ETH worth $480M amid a 15.6% Ethereum crash. Transactions traced to FalconX and Kraken wallets confirm the purchases. The firm now holds 2.96M ETH, targeting 5% of total supply. Market crash triggered by U.S.-China tariff escalation on Oct 10. Tom Lee-led Bitmine continues aggressive dip-buying with institutional backing.References X Post Reference

coinfomania·2025/10/12 06:54
Pi Coin Could See a Comeback Opportunity Amid The Market Crash – Here’s How
Pi Coin Could See a Comeback Opportunity Amid The Market Crash – Here’s How

Pi Coin stood strong during the recent crypto crash, holding key support near $0.15. With selling pressure easing and RSI divergence forming, the token may aim for an 18% rebound if it clears $0.205 resistance.

BeInCrypto·2025/10/12 06:12
Will Zcash Price Continue To Rally Or Fall Flat After Its 4-Year High?
Will Zcash Price Continue To Rally Or Fall Flat After Its 4-Year High?

Zcash (ZEC) has defied the recent crypto market crash, rising 74% in a week and 10% in a day. Both retail traders and large holders are fueling the rally, but growing leverage positions could add risk if momentum fades.

BeInCrypto·2025/10/12 05:31
These 3 Altcoins Turned the Market Crash Into a Comeback With Massive Buybacks
These 3 Altcoins Turned the Market Crash Into a Comeback With Massive Buybacks

Following Trump’s abrupt tariff announcement that triggered a sharp crypto downturn, several blockchain projects—including World Liberty Financial, Aster, and Sonic Labs—announced large-scale token buybacks to stabilize their ecosystems.

BeInCrypto·2025/10/12 05:09
Flash
23:17
Hyundai Group office building in South Korea evacuated due to bomb threat and bitcoin ransom demand
According to Jinse Finance, on Friday, two buildings of South Korea's Hyundai Group were urgently evacuated due to a bomb threat. An anonymous caller demanded 13 bitcoins as ransom in exchange for canceling the threatened attack. Special forces searched the buildings but ultimately found no explosives.
22:56
US FTC approves Nvidia's $5 billion investment in Intel
Jinse Finance reported that the US Federal Trade Commission (FTC) has approved Nvidia's investment in Intel, but the specific details of the transaction have not been disclosed. In September this year, Nvidia announced it would invest $5 billion in the struggling Intel, a move seen as significant support for the domestic semiconductor industry. However, the deal has also raised concerns in the market about changes in the competitive landscape, particularly the potential risks it may pose to major competitors TSMC and AMD.
22:56
Goldman Sachs: The stock market still has further upside potential before the end of the year
Jinse Finance reported that the Goldman Sachs trading desk team stated in a report to clients, "We are now entering a seasonally bullish period, with a healthier positioning structure. As long as there is no major shock, the market trend will not be easily reversed. Although we do not necessarily expect a sharp rebound, there is still further upside potential before the end of the year."
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