Articles for tag: Investment, Nasdaq, Rumble, Stablecoin, technology company, Tether, User Engagement

Market News

Crypto Giant Invests $775 Million in Startup Challenging YouTube and AWS: A Game-Changer for Digital Content Platforms

Shares of Rumble, a technology company listed on NASDAQ, have surged about 300% recently, reaching 52-week highs, mainly due to a significant $775 million investment from Tether Limited, the entity behind the stablecoin Tether. Unlike typical cryptocurrencies, Tether maintains a stable value and has a Market cap of nearly $140 billion. While Rumble aims to ...

Market News

Third-Largest Cryptocurrency Firm Invests $775 Million in Challenger Company Competing with YouTube and AWS

Shares of Rumble, a tech company, have surged about 300%, reaching 52-week highs, largely due to a significant $775 million investment from Tether Limited, known for its stablecoin Tether. This influx of cash has eased investor concerns about Rumble’s liquidity challenges as it pursues ambitious goals to compete with giants like YouTube and AWS. Despite ...

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