Rumble, Canada’s largest video-sharing platform, has made its first Bitcoin purchase as part of its financial strategy, investing $20 million. This decision reflects a broader trend where public companies embrace Bitcoin as a reserve asset. Following the announcement, Rumble’s stock rose over 5%, joining other firms like MicroStrategy and Marathon Digital in their Bitcoin investments. ...
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 ...
Rumble, a technology company, has seen its stock surge by about 300% to reach 52-week highs, largely due to a significant $775 million investment from Tether, the issuer of the popular stablecoin. Tether, the third-largest cryptocurrency by Market cap, ensures that its stablecoin maintains a consistent value, which attracts investors seeking stability in the crypto ...
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Walmart and Branch Messenger for allegedly imposing fees on drivers transferring earnings from the Walmart Spark Driver program. The CFPB claims that Walmart made it difficult for drivers to access their funds, leading to delays and additional fees. In other news, holiday spending in ...
