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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
10:39
Countdown to the implementation of Indonesia’s new regulations: Palm oil is approaching the critical point of “policy-driven selling” and “production contraction” resonance—who is testing the edge of pricing power?
The countdown to Indonesia’s new regulations: Malaysian palm oil is approaching a critical resonance point of “policy-driven sell-off” and “output contraction”—who is testing the edge of pricing power?
10:37
Crypto spot trading volume drops to the lowest level since October 2023
CryptoQuant data shows that crypto spot trading volume has dropped to its lowest level since October 2023. (Cointelegraph)
10:35
Nokia issues €500 million senior unsecured notes
BlockBeats news, on June 5, Nokia (NOK.N) issued 500 million euros in senior unsecured notes. According to Bitget market data, a certain exchange's US stock is down 3.43% in pre-market trading, currently quoted at $16.05.
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