Crypto markets slipped this week as Trump's tariff turmoil rattled investors. Steak 'n Shake added to the unease by revealing a corporate Bitcoin reserve. The move shows how businesses are diving into crypto despite volatility.
NYSE's 24/7 Trading Push
The New York Stock Exchange has started preparing for 24/7 trading of tokenized stocks and ETFs. It's a direct response to growing demand for continuous markets. The exchange has been testing infrastructure for months with no firm launch date.
Bermuda's Digital Leap
Bermuda is building a fully onchain national economy alongside Coinbase and Circle. The project covers payments, digital identity, and tokenized financial infrastructure. The island nation has staked its reputation on being a crypto pioneer.
ETF Flows Turn Sour
Bitcoin ETFs saw net outflows last Friday ending a four-day streak. Ethereum ETFs pulled in small inflows during the same period. The reversal came as broader crypto markets softened unexpectedly.
Vitalik's Governance Warning
Ethereum founder Vitalik Buterin wants better DAO governance models. He's pushing for accountability and long-term planning in decentralized groups. This isn't the first time he's called for upgrades.
Meme Coins Stumble
Meme coins including Doge, Shiba and PEPE fell broadly this week. Tokens like CC, MYX and SYRUP led gains among alternatives. Onchain movers including USOR and GSD surged sharply despite the downturn. The divergence highlights market fragmentation.
Steak 'n Shake didn't specify when it would add to the reserve or how much it now holds.
