Bitcoin price has rebounded slightly to $109,600 after yesterday’s dip to $106,000, ending what has been a tumultuous October for bitcoin.

Traders are now cautiously optimistic as the market transitions from the failed “Uptober” rally to the historically stronger month of November.

Yesterday, Bitcoin tumbled over 3% amid renewed risk-off sentiment sparked by Federal Reserve Chair Jerome Powell’s hawkish comments on future rate cuts and renewed U.S.–China trade tensions. 

The dip extended a week-long decline that began after the Fed delivered a modest 25 basis point cut but signaled uncertainty for December’s meeting.

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Bitcoin rewards platform Fold Holdings (FLD) has announced a limited-time partnership with Steak ‘n Shake, giving customers the chance to earn bitcoin with their meals. Starting Friday, anyone who buys a Bitcoin Burger or Bitcoin Meal can upload their receipt to bitcoinmealdeal dot com to claim $5 in bitcoin via the Fold app. Once users sign up on the app, they can redeem their reward and continue earning BTC on future purchases.
The fast-food chain recently launched its Bitcoin Burger, featuring a bun stamped with the Bitcoin logo. Fold CEO Will Reeves said the promotion marks another step toward bringing bitcoin into everyday life, adding that for many, this may be their first time owning the cryptocurrency.
Fold, which offers bitcoin cashback on purchases from major retailers like Amazon, recently went public and holds about 1,500 BTC in its treasury. The company is valued near $200 million and continues expanding its crypto reward ecosystem.

Steak ’n Shake is making history as the first major restaurant to establish a Strategic Bitcoin Reserve. 

All payments received in Bitcoin will now be added to their Strategic Bitcoin Reserve (SBR), marking a fun and major step into bitcoin adoption for the fast-food chain.

As part of the initiative, the company will donate 210 sats from every Bitcoin Meal sold to the Open Sats Initiative, Inc. over the next 12 months. 

Customers who purchase and register their Bitcoin Steakburger through the Fold App will also receive $5 in free Bitcoin, with instructions provided on their receipts.

The move comes on the heels of a strong quarter, with same-store sales up 15% —…

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In a 2-1 decision issued today, the Tenth Circuit affirmed the denial of a Federal Reserve master account to Custodia Bank, the Wyoming-chartered Special Purpose Depository Institution (SPDI) that has become the test case for crypto-native banking. The panel upheld the district court across the board and left Reserve Banks with broad (and potentially unreviewable, in the words of the dissent) discretion over access.

Master accounts are the keys to the fiat kingdom. They’re the ledger entries that let institutions clear and settle directly at the Fed; without one, a “bank” is functionally just a vault dependent on fickle intermediaries and third-party rails. That practical choke…

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Today marks seventeen years since Satoshi Nakamoto’s publication of the Bitcoin Whitepaper on the cryptography mailing list in 2008. Back then Bitcoin was nothing more than a proposal for a new niche technology, the latest in a long lineage of niche technologies created by the cypherpunks of the 1990s. 

Bitcoin has gone through many massive transformations since that day 17 years ago. It went from a niche internet collectible, to a decentralized network powering illegal dark net markets, to a mainstream speculative investment for retail, to Wall Street and governments all over the world’s favorite new asset class. We have all had front row seats to the first explosive global…

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Prenetics Global Limited (NASDAQ: PRE) announced the purchase of 100 bitcoin at an average price of $109,594, expanding its total holdings to 378 BTC — valued at roughly $41 million. 

The move comes just days after the health sciences company completed a $44 million equity offering that was oversubscribed by strategic investors including Kraken, Exodus, GPTX by Jihan Wu, XtalPi, DL Holdings, and tennis champion Aryna Sabalenka.

“This 100 Bitcoin acquisition demonstrates our immediate execution on the strategic vision we outlined to investors,” said CEO Danny Yeung, highlighting Prenetics’ dual focus on scaling its wellness brand IM8 and building long-term value through…

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Fold Holdings (NASDAQ: FLD), the bitcoin rewards company known for letting users earn sats on everyday purchases, has teamed up with iconic fast-food chain Steak ’n Shake for a limited-time promotion that lets customers earn $5 in bitcoin with their meal.

Starting today, Steak ’n Shake diners who order a Bitcoin Meal or Bitcoin Steakburger at one of the 1,200+ participating Steak ’n Shake locations can visit bitcoinmealdeal.com, upload their receipt, and receive a code redeemable for $5 in bitcoin through the Fold app. 

Once the Fold app is downloaded and activated, the reward is instantly credited. The partnership marks the first time a U.S. restaurant chain has paired a…

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Bitwise Chief Investment Officer Matt Hougan has voiced strong confidence in Solana, calling it one of the most promising layer-1 blockchains in the crypto market. Hougan said Solana offers “two ways to win” — by capturing a growing share of the stablecoin and tokenization infrastructure market, which he expects to expand more than tenfold in the coming years. He praised Solana’s fast, user-friendly technology and strong community that embraces rapid innovation.

Hougan believes institutional interest in Solana is accelerating, citing Western Union’s recent adoption of the blockchain for stablecoin settlements. While Ethereum remains dominant with over $163 billion in stablecoin market capitalization, Hougan considers Solana, Tron, and BNB Chain top contenders for market leadership.

Bitwise recently launched a Solana staking ETF, highlighting its growing focus on the blockchain. Hougan compared Solana’s upside to Bitcoin’s, noting both could benefit from rising market size and increasing market share — a “two-way win” scenario for investors.

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Michael Saylor’s Strategy (NASDAQ: MSTR) released its third-quarter earnings after market close on Oct. 30, posting net income of $2.8 billion. 

Diluted earnings per share (EPS) came in at $8.42, surpassing analyst expectations of $8.15. As of Oct. 26, 2025, Strategy held 640,808 BTC, acquired for a total of $47.44 billion at an average price of $74,032 per coin. 

The company reported a year-to-date Bitcoin yield of 26%, generating $12.9 billion in gains amid the ongoing 2025 crypto bull market.

Looking forward, Strategy projects full-year 2025 operating income of $34 billion and net income of $24 billion, or $80 per share — highlighting its transformation from a…

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