Tag: bitcoin
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BlackRock Executive: Bitcoin Primarily Functions as Capital Preservation Asset, Not Global Payment System
Robert Mitchnick , head of digital assets at **BlackRock **, has articulated an important reassessment of Bitcoin’s role and utility, positioning the flagship altcoin primarily as a capital-preservation tool and store of value rather than a functional global payment network. Mitchnick’s analysis, informed by BlackRock’s position managing over $10 trillion in assets, provides institutional perspective on Bitcoin’s evolution and…
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Bitcoin is 95% Mined: Only 1.05 Million BTC Left – What This Means for Altcoin Investors in 2025 and Beyond
As of November 2025, Bitcoin has officially crossed a historic milestone that every altcoin trader, HODLer, and crypto enthusiast has been watching for years: 95% of all Bitcoin that will ever exist has now been mined. Out of the hard-capped 21 million BTC supply, miners have successfully brought 19.95 million BTC into circulation. That leaves…
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Isla Mujeres Transforms into Bitcoin Island: Caribbean Destination Embraces Altcoin Payments
The picturesque Caribbean island of Isla Mujeres, Mexico is carving out a unique position in the global altcoin ecosystem by becoming one of the world’s first tourism destinations to systematically integrate Bitcoin payments across its commercial infrastructure. With approximately 30 locations already accepting BTC—ranging from upscale hotels and waterfront restaurants to retail shops and vacation rentals—the island is pioneering…
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Steak ‘n Shake Deepens Bitcoin Integration with Themed Menu Items and Community Engagement
American restaurant chain Steak ‘n Shake is solidifying its position as one of the most altcoin-friendly mainstream brands by expanding beyond payment integration to create Bitcoin-themed menu items that celebrate its commitment to the digital asset community. After implementing Bitcoin payments across all locations in May 2025, the company has now introduced the “Bitcoin Steakburger” and accompanying combo meal, marking a…
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U.S. Moves Toward Legalizing Altcoin Investments in Retirement Accounts
The United States may be on the verge of a historic transformation in retirement investing, as Republicans have introduced the Retirement Investment Choice Act, a groundbreaking bill designed to permanently legalize altcoin investments through 401(k) retirement accounts. This legislation would codify former President Donald Trump’s executive order and establish a permanent federal framework for including Bitcoin and…