Rumble Makes A Wild Gamble On Crypto With the Recent Purchase Of 188 Bitcoin
Video streaming platform Rumble has purchased approximately 188 Bitcoin (worth around $17.1 million) ahead of the recent market downturn, the company announced Wednesday.

Video streaming platform Rumble has purchased approximately 188 Bitcoin (worth around $17.1 million) ahead of the recent market downturn, the company announced Wednesday.
Bitcoin, an entity that was once dominated by China, seems to be slipping away from China and tipping towards the United States and President Trump.
Senator Cynthia Lummis has reintroduced the BITCOIN Act in the 119th Congress, unveiling revisions to the groundbreaking bill alongside new co-sponsors.
Canada has chosen its new Prime Minister Mark Carney, a former central banker and Bitcoin critic who would be replacing former Prime Minister Justin Trudea to be the new leader of the country. But Carney's victory is hardly good news for the local crypto community, given the Prime Minister's skepticism towards Bitcoin and cryptocurrency.
The SGX plans to launch Bitcoin perpetual futures in H2 2025, pending regulatory approval. Available only to institutional and professional investors, SGX aims to provide a regulated alternative to offshore crypto exchanges like Binance and OKX, offering a more secure trading option for large-scale investors.
Bitcoin has dropped to $78,500, a four-month low, while Ethereum hits its weakest level since November 2023. Some predict BTC could fall to $70,000, while others see rising M2 liquidity as a recovery signal. With macroeconomic headwinds and no clear bullish catalysts, is Bitcoin bottoming out or headed for further losses?
Trump’s White House crypto summit disappointed investors, offering only vague promises on stablecoin legislation and regulation instead of major policy shifts. Could his presidency threaten the future of digital assets?
The fifth richest man in Mexico, billionaire Ricardo Salinas announced that he has stored 70% of his assets in bitcoin. Salina's investment strategy is notably unconventional, but it reflects his belief that bitcoin is the more robust and reliable asset.
Robinhood Trivia Live is offering over $2 million in Bitcoin and Dogecoin prizes this Wednesday and Thursday. Will this become a weekly competition or a just one-time game?
Trump’s trade war spurred a market downturn, wiping out billions in a day. Bitcoin fell below $85,000, Ethereum dropped 11%, and crypto lost $500 billion, erasing gains from his US Crypto Reserve announcement. Is this a brief dip or a deeper decline?
BlackRock's Bitcoin ETF marks 70-day growth streak, nears JEPI's 160-day record. Assets reach $18.15B, top 10 inflow streaks since 2004. Analysts note resilience amid Bitcoin halving, contradicting investor uncertainty.
BlackRock's IBIT leads in attracting assets, gathering $15.3B in net inflows, surpassing competitors despite slowing demand. With strong brand, fees, and institutional appeal, IBIT poised to surpass GBTC in AUM, maintaining long-term leadership in digital asset management.
It is expected that BlackRock will penetrate deeper into the encryption industry and become a decisive force in the future. As the world's largest asset management institution, why is BlackRock interested in cryptocurrency? What impact will it have on the subsequent development of the encryption industry?
BlackRock's IBIT surpasses Grayscale's GBTC in daily trading volumes, reshaping the Bitcoin ETF market dynamics. Despite GBTC outflows and higher fees, total market inflows exceed $1 billion, influencing Bitcoin's recovery below $40,000.
BlackRock's swift Bitcoin accumulation raises concerns of a supply squeeze, potentially propelling Bitcoin's value to new heights. The intricate dance between institutional power and decentralized assets unfolds as the crypto market faces unprecedented dynamics.
BlackRock's substantial Bitcoin acquisitions, totaling 11,500 BTC in two days, have raised concerns of a supply crunch. Despite worries, a bullish outlook prevails, with InvestAnswers suggesting a potential boost to Bitcoin's market to new heights. Institutional OTC trading is cited as a strategy to mitigate market volatility.
The legendary CEO of BlackRock, the world's largest asset management company, said in an interview that "Bitcoin is digital gold" and "Ethereum ETFs are very valuable. These are just stepping stones towards tokenization. I really believe this is where we are going." place" and other topics.
BlackRock’s revised S-1 filing for a Bitcoin ETF marks a significant step in cryptocurrency’s integration into mainstream finance.
Approval of BlackRock's Bitcoin ETF could reshape crypto, attracting institutional capital while introducing risks like regulatory hurdles and market volatility. A pivotal moment awaits in 2024.