No Bitcoin on the Menu: McDonald’s Rejects Crypto Proposal, SEC Agrees
McDonald’s has officially declined a shareholder proposal urging the company to invest in Bitcoin, a move that has sparked debate about corporate cryptocurrency adoption.

McDonald’s has officially declined a shareholder proposal urging the company to invest in Bitcoin, a move that has sparked debate about corporate cryptocurrency adoption.
Bitcoin miners are hoping to capitalise on the 90-day tariff pause to stock up on mining rigs as they prepare for uncertain and rainy days ahead.
Bitcoin’s price jumped above $84,000, and signs suggest Strategy may have resumed buying after a brief pause. The company now holds nearly 3% of all Bitcoin, and its investment is up around 24% despite recent market volatility.
The Trump administration has granted temporary tariff exemptions for key electronics. But Commerce Secretary Lutnick stressed the relief is short-term. The move adds to a string of policy shifts, sparking criticism over strategic inconsistency and raising questions about the true direction of US trade policy.
Cardano’s Midnight sidechain will distribute tokens to 37 million users across eight major blockchains, including Bitcoin and Ethereum, in one of the largest airdrops in blockchain history. The airdrop, called the Glacier Drop, will issue NIGHT and DUST tokens and aims to promote privacy in decentralized finance.
Pakistan is planning to use its surplus electricity for Bitcoin mining and AI data centres to boost economic growth. Binance's Changpeng Zhao has been appointed as an advisor to help guide the country's crypto development and regulatory framework.
WFP USA is now accepting over 80 cryptocurrencies for donations to support its Emergency Hunger Relief Fund, targeting $25 million to aid 58 million people facing starvation. This move aims to modernise fundraising, reduce transaction fees, and speed up donations to tackle the global hunger crisis.
US stock and crypto markets jumped after the president announced a 90-day tariff pause for all countries except China, now facing a 125% levy. Over 75 nations have entered trade talks to avoid escalation. Trump sparked controversy, claiming leaders are “calling us up, kissing my ass” for deals. As tensions rise, could this bold or stupid trade strategy trigger a financial crisis?
Strategy may be forced to sell some of its Bitcoin if prices drop further, despite Michael Saylor’s long-time promise to never sell. A new SEC filing revealed financial pressure from debt and falling markets could break the company’s “HODL” stance.
The price of Bitcoin and many other cryptocurrencies has just plunged to new lows over the weekend as the fallout from President Trump's reciprocal tariffs sends the global economy into disarray.
The slowdown in US CPI inflation intensifies rate cut pricing, but several hawkish officials support the dollar. Gold fell first and then rebounded to reclaim $2410, while Bitcoin bulls surged past $67,000.
The U.S. court has announced that two Chinese nationals have been arrested and arraigned on charges of money laundering through shell companies involved in crypto investment fraud.
Senate's bipartisan approval of H.J.Res. 109 challenges SEC's SAB 121, pushing President Biden to decide amidst political and industry pressures.
Bitcoin's price has solidified its position just above the crucial support level of $65,000, with cryptocurrency traders viewing its pattern as robust. Some even suggest that no significant corrections are expected soon and the price may continue to rise.
The USDT stablecoin continues to be entangled with illegal forex transactions, prompting Kraken to announce that it is evaluating the possibility of delisting European Tether pairs.
Coinbase analysts are confident that an Ether spot ETF will be approved soon, with Ether surging to $3,126 at one point.
Web3 is still in its infancy, contending with critical challenges such as user-friendliness and infrastructure development. So will Web3 fail to realise its transformative potential and let Web2 continue its dominance?
Venezuela announced a cryptocurrency mining ban over the weekend, threatening to disconnect all domestic cryptocurrency mining farms from the national power grid.
Recent resignations at OpenAI, including Chief Scientist Ilya Sutskever and Jan Leike from the "superalignment team," follow disagreements over prioritising safety amid the launch of GPT-4o. Concerns linger over OpenAI's shift towards profit and potential security risks in collaborations like Apple's iOS 18 update integrating OpenAI technology.
Bitcoin approaches $69,000 with traders optimistic about continued gains, supported by favorable economic policies and strong ETF inflows.