Rumble has committed up to $20 million in bitcoin as a treasury asset, citing its potential as an inflation hedge and key to strategic expansion in the digital economy. Rumble Adopts Bitcoin as Treasury Asset in Strategic Shift Rumble, a video-sharing and cloud services platform, has taken a bold step to diversify its corporate treasury […] Original
Este artículo también está disponible en español. In an interview with CNBC on Monday, Fred Thiel, CEO of Marathon Digital Holdings (NASDAQ: MARA), shared his bullish outlook on Bitcoin. He emphasized the growing institutional interest and a favorable regulatory environment that could propel the BTC price to new highs. Thiel dismissed the impact of the recent Bitcoin halving, stating, “I think the halving had zero effect.” Instead, he attributed the Bitcoin price surge to the introduction of spot exchange-traded funds (ETFs) earlier this year. “In January, you had the ETFs…
Bitcoin retail investors have yet to reach fear of missing out levels, according to Ki Young Ju, the founder and CEO of CryptoQuant. Young Ju shared this perspective as Bitcoin (BTC) fell below $92,000, continuing its decline from near $100,000 last week. The CryptoQuant CEO highlighted that recent retail trading behavior has not shown signs of panic or excessive excitement. “Bitcoin retail investors aren’t in FOMO yet,” the analyst posted on X. “This indicator is based on the surge in trading count across all exchanges, tickers, and markets (spot and…
President-elect Donald Trump has picked Scott Bessent as the new Treasury Secretary. Ripple’s CEO called him “the perfect pick” for advancing crypto and innovation. ‘He Will Be the Most Pro-Innovation, Pro-Crypto Treasury Secretary We’ve Ever Seen’ President-elect Donald Trump has nominated Scott Bessent, known for his support of cryptocurrency innovation, to replace Janet Yellen as […] Source CryptoX Portal
The CEO of fallen crypto exchange FTX says the firm will begin distributing its bankruptcy payments soon. In a statement, John Jay Ray III says payments to FTX creditors and customers will begin early next year amid anticipation that the company’s court-approved Chapter 11 Plan of Reorganization will be effective by early January 2025. “We are pleased to announce that we will begin distributing proceeds in early 2025. The timeline laid out reflects the experience and continued work of the team of professionals supporting the Debtors, who already have recovered…
Financial services giant Charles Schwab has plans to directly offer crypto investments to its clients, president and incoming CEO Rick Wurster told Yahoo Finance in an interview on Thursday. Source
CryptoQuant CEO Ki Young Ju says Bitcoin’s current rally appears to be supported by months of accumulation by whales. Bitcoin’s (BTC) ongoing rally toward the $100,000 mark mirrors the price surge seen in 2020, when the cryptocurrency’s value surged sixfold to reach $67,000, CryptoQuant CEO Ki Young Ju said in a recent X thread. #Bitcoin bull market is starting, with data resembling 2020. Thread 🧵 pic.twitter.com/7BMKxhdYQX — Ki Young Ju (@ki_young_ju) November 21, 2024 Ju emphasized that previous on-chain data signaling Bitcoin accumulation by whales over several months has proven…
Este artículo también está disponible en español. In a recent interview with FOX Business, Brad Garlinghouse, CEO of Ripple Labs, shared insights on the so-called “Trump trade” impacting crypto prices, as evidenced by Bitcoin’s recent streak of consecutive all-time highs over the past 48 hours. Garlinghouse also discussed how Ripple, and the broader digital asset industry, fit into the upcoming regulatory landscape expected under President-elect Donald Trump in the coming year. Ripple CEO Optimistic About Trump’s Pro-Crypto Stance Garlinghouse emphasized that since its inception, Ripple has focused on addressing the…
Ripple’s CEO has warned against SEC Chair candidates tied to past enforcement controversies, urging leadership that fosters innovation and ends punitive crypto regulation. A Name Sparks Debate: Ripple CEO Slams SEC Chair Prospect Brad Garlinghouse, CEO of Ripple, has criticized the potential appointment of Caroline Stebbins as the next U.S. Securities and Exchange Commission (SEC) […] Source BitcoincryptoexchangeExchanges CryptoX Portal
The YouTube competitor had about $131 million of cash and cash equivalents on its balance sheet as of the end of the third quarter. Source