According to @StockMKTNewz, shares of Fold Holdings (FLD) slumped more than 7% following the announcement of a delay in its Fold Bitcoin Credit Card rollout. The company cited a key infrastructure partner unexpectedly exiting the credit card business as the reason for the setback. Despite this operational challenge, which has seen the stock trade at $4.25 after an IPO around $10, Fold has secured a significant financial boost. The firm announced an equity purchase facility of up to $250 million, which it plans to use to expand its corporate Bitcoin (BTC) treasury. Fold already holds 1,490 BTC, signaling a strong long-term strategy of Bitcoin accumulation for traders to consider against the short-term stock volatility.

According to @coinbase, the newly launched Coinbase One Card allows users to spend US dollars while earning Bitcoin (BTC) as rewards. This innovative feature enables real-time Bitcoin accrual on everyday purchases, directly integrating crypto rewards into mainstream spending. Traders should note the potential for increased Bitcoin (BTC) demand and on-chain activity, as more users may hold BTC for rewards and potentially trade or invest further, boosting liquidity and volatility in the BTC market. Source: @coinbase, official Twitter announcement.