The US fast food chain Steak 'n Shake will accept Bitcoin payments at all its locations nationwide
On May 9th, according to Decrypt, the U.S. chain fast food brand Steak 'n Shake announced that starting from May 16th, all its stores in the US will begin to support Bitcoin payments. This enables over 100 million customers to use Bitcoin to purchase products like burgers and milkshakes.
Unlike other chain stores that have only carried out small-scale pilot projects, this is a rare and comprehensive adoption of cryptocurrency payments within the fast food industry. Steak 'n Shake had previously teased this move on social media as early as March of this year and attracted the attention of several prominent figures, including former Twitter CEO Jack Dorsey.
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CZ: The inability to hodl Bitcoin often stems from a lack of understanding of technology, finance, and the world
On May 9th, Binance's founder CZ wrote on X and stated, "The reason for not being able to firmly hold Bitcoin often lies in the lack of understanding of technology, finance, and the world. If you only buy Bitcoin because others told you to, then your determination to hold during times of panic will be very low."
Yesterday evening, CZ wrote, "Bitcoin investment is very simple. Just don't sell in a panic."
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A whale has transferred 32.52 million NEIRO from a CEX, becoming the third largest on-chain holder.
On May 9th, according to the monitoring of Spotonchain, in the past hour, the whale '0x22b7' transferred 32.52 million NEIRO from a centralized exchange. This transfer was approximately $3.01 million and accounted for 3.25% of the total supply, making it the third-largest whale in terms of on-chain holdings.
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LD Capital Founder Jack Yi Explains Reasons for Being Bullish on ETH
On May 9th, JackYi, the founder of LD Capital, elaborated on the reasons for his strong bullish view on ETH at $1700. This mainly based on the following factors: The foundational position of the Ethereum ecosystem and its L1 development strategy; The price correction from the previous all-time high; The significant scale of short positions in the current market; Its market influence as one of the mainstream crypto assets through ETF products.
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Bitunix Analyst: UK-US Trade Agreement Boosts Confidence, BTC Touches $104K
On May 9th, US President Trump and UK Prime Minister Starmor reached the first trade agreement. Some non-tariff barriers were cancelled, including the elimination of UK steel and aluminum tariffs. US car tariffs were reduced to 10% for the UK. The UK also revoked a 2% digital tax on US e-commerce. This agreement helps to ease trade tensions and boost market confidence. However, the agreement is still in a framework-based form, with no substantial concessions in sensitive areas. A 10% baseline tariff was maintained, and the overall policy direction remains uncertain. Trump also stated that if US-China negotiations progress smoothly, he will consider reducing tariffs.
Bitunix Analyst Suggestion: Driven by positive news, Bitcoin broke through 100K and rose to 104K at one point, with an intraday increase of over 7%. The progress in US-China and UK-US negotiations helps to reduce geopolitical risks. However, in the short term, it is not advisable to chase high after Bitcoin breaks out of i
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Trader Eugene: The market may have entered the second stage, it's time to reallocate.
On May 9th, prominent trader Eugene Ng Ah Sio made a post on his personal channel, saying, "Perhaps the market entered the second phase yesterday. It is time for us to reposition (We probably began regime 2 yesterday. It's time to get back in the game again)."
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