Steak n Shake has ignited fresh excitement across the crypto and business worlds with a striking Bitcoin statement. The iconic American fast-food chain revealed that if every customer paid using Bitcoin for one year, its strategic Bitcoin reserves could grow by nearly $500 million. This single comment sent a powerful message about how digital currencies
Bitcoin BTC$87,884.53 reversed gains made earlier in Asia, puncturing nascent recovery rallies in major alternative cryptocurrencies. The leading cryptocurrency by market value dropped below $88,000, having peeped above $90,000, CoinDesk data show. Major altcoins including XRP$1.9003, ether ETH$3,017.33, solana SOL$127.81 and DOGE$0.1269 also retraced their adances. The CoinDesk 20 Index (CD20) pulled back to 2,726,
Bitcoin BTC$89,558.82 whales, or holders with at least 1,000 BTC, have been the dominant buyers since the price of the largest cryptocurrency bottomed near $80,000 at the end of November, according to Glassnode data. They remain the strongest accumulators as bitcoin trades just below $90,000. According to Glassnode data, the 1,000-10,000 BTC cohort is the
One more revelation made by CryptoQuant tells of an eye-opening behavioral division in the Bitcoin market in December. As total trading activity fell by almost 40, retail traders put in about 2.4 billion dollars in leveraged positions, an indication that risk appetite is increasing in the face of uncertainty. This increase in leverage was in
The cryptocurrency market saw a strong and sudden recovery today. In just seven hours, the total crypto market value increased by $80 billion. This pushed the global market capitalization back above $3 trillion. The rapid crypto market cap rise surprised many traders. It came after several days of slow movement and price uncertainty. The move
Macro analyst Luke Gromen has stated that he will sell off a large portion of his Bitcoin (BTC) holdings between mid-to-late November 2025. Gromen, who has long held an optimistic stance on both Bitcoin and precious metals, sparked a significant debate in the market with this move. In his latest video, published in 2025, Gromen
Bitcoin price found support and started a recovery wave above $88,000. BTC is now rising and might attempt to surpass the $89,000 resistance. Bitcoin started a recovery wave above the $88,000 zone. The price is trading above $88,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at
Amid discussions in the market about whether Strategy might temporarily pause its Bitcoin purchases to strengthen its cash position due to the recent pullback in Bitcoin and global macroeconomic uncertainties, a noteworthy statement came from the company’s founder, Michael Saylor. Saylor, by releasing another “Bitcoin Tracker” update on the X platform, hinted that a new
After a few consecutive days of little to no actual action, bitcoin’s price surged Monday morning to just over $90,000, where it faced some resistance. This raises questions whether this latest rally is just another repeat of what has been transpiring for the past several weeks – breakout attempts to $90,000 followed by subsequent violent
Gold prices saw a modest short-term pullback after a broader rally that pushed the metal to record highs. Meanwhile, Bitcoin has underperformed during what has historically been its strongest quarter, reviving constant comparisons between the two assets. Despite Bitcoin’s weakness, analysts are highlighting a series of macroeconomic, statistical, and technical signals from the gold market