The wallet is built to facilitate crypto payments to Rumble's content creators from users on its video streaming platform. Stablecoin company Tether and video platform Rumble released a non-custodial crypto wallet on Wednesday, allowing users to tip Rumble content creators in digital currencies. The wallet will initially support Tether’s dollar-pegged stablecoin, USDt (USDT), Tether Gold (XAUt), a tokenized commodity product, and Bitcoin (BTC), according to an announcement from Rumble. MoonPay will provide fiat currency on- and off-ramps for Rumble Wallet users, enabling them to cash out crypto into local currencies. Read more
From Shenzhen Bay luxury homes to Bitcoin, affluent Chinese investors are reassessing stores of value as views on liquidity, mobility and risk continue to shift. For many years, luxury real estate occupied a central role in wealth preservation in China. Premium apartments in cities such as Shenzhen and Shanghai served not only as residences but also as symbols of family wealth, social standing and financial security. Property ownership carried cultural significance, regulatory predictability and an assumption of long-term stability. That presumption is now being publicly challenged. Conversations among wealthy Chinese investors point to a quiet but significant shift in how a “store of value” is defined. Read more
Bitcoin long-term short signals from trading tools led analysis to conclude that no new BTC price all-time high would come this year. Bitcoin (BTC) faces a new “battle” for control before bulls trigger the next round of BTC price gains, but the long-term outlook is grim. Key points: Bitcoin short-term and long-term perspectives contrast as bears stay in control on high timeframes. Read more
The reiteration of the payment company‘s plans not to pursue a public offering followed a $500 million fundraise in November, leading to a $40 billion valuation for Ripple. Ripple Labs president Monica Long has ruled out an IPO for the company, saying it was in a “really healthy position” without going public. In a Tuesday interview with Bloomberg, Long addressed rumors that Ripple was planning to go public after the company reached a $40 billion valuation in November. The Ripple president said the company was focused on growth following the $500 million fundraise headed by Citadel Securities and Fortress Investment Group that led to its valuation. “Currently, we still plan to remain private,” said Long, expanding on her comments in November after the fundraise. "Often the strategy driving an IPO is to get the access to the investors and the liquidity of the public markets [...] We're in a really healthy position to continue to fund and invest in our company's growth without going public.” Read more
MSCI’s rule change on newly issued shares reshapes passive demand, raising questions over how Bitcoin-linked treasury companies fund future BTC purchases. Bitcoin (BTC) fell 2.30% on Wednesday, hitting an intraday low near $91,550. The decline came despite bullish signals, including a whale-linked $280 million BTC accumulation move and MSCI’s decision to keep crypto treasury companies in its benchmark indexes. In the Tuesday announcement, MSCI said it will no longer adjust index weightings to reflect newly issued shares. Read more