Rumble secures $775 million investment from Tether
Rumble has secured a $775 million investment from stablecoin issuer Tether, marking a significant milestone for the video-sharing platform. As part of the deal, Tether will purchase 103,333,333 shares of Rumble Class A Common Stock at $7.50 per share.The video-sharing platform will allocate $250 million of the proceeds to growth initiatives, with the remaining funds supporting a self-tender...
JPMorgan Chase, Wells Fargo and Bank of America Customers Lose $870,000,000 To Scammers on Zelle, Forcing Victims To ‘Fend for Themselves’: CFPB
Customers at JPMorgan Chase, Wells Fargo and Bank of America have collectively lost $870 million to scammers on Zelle in the last seven years, according to a powerful US bank regulator. The Consumer Financial Protection Bureau (CFPB) says it’s suing the three banking giants and Zelle’s parent firm for allegedly failing to protect people from […] The post JPMorgan Chase, Wells Fargo and Bank of...
Will crypto recover? Why this ‘dip’ could be exactly what the market needs
In the last four years, investors' risk appetite has hit a 'burn-out' point, with the rising dollar showing the way. A dip could be the perfect remedy.
Crypto Whales Bought These Altcoins in the Third Week of December 2024
What are crypto whales buying? This is one question that investors would want to know, especially at a time when prices of altcoins are nowhere near the peak they hit some weeks back. Specifically, JasmyCoin (JASMY), XRP, and Polygon (POL) have emerged as the primary targets for whale purchases. Here’s a closer look at why these assets are attracting significant attention and what could be...
Sonic and Injective Join Forces to Build Cross-Chain AI Agent Hub
Sonic, a leading Solana-based gaming virtual machine (SVM), has partnered with Injective, a WASM-powered Layer 1 blockchain. With this partnership, Sonic will reportedly develop the industry’s first cross-chain AI Agent Hub. This significant collaboration integrates Solana’s and Injective’s ecosystems to streamline AI agent deployment and improve blockchain interoperability. Technological...
Fantom (FTM) Falls 12% as Whale Wallets Hit Monthly Low
Fantom (FTM) price is down over 12% in the last 24 hours as the network transitions to its new token, Sonic. This sharp decline has intensified FTM’s ongoing downtrend, with technical indicators like the ADX highlighting strengthening bearish momentum. Meanwhile, the number of whale wallets holding between 1 million and 10 million FTM has steadily declined, reflecting reduced confidence among...
OpenSea Teases OCEAN Token Launch From New X Account
OpenSea teased a possible token launch yet again with a cryptic post on a new social media account. Presumably, the new asset will be named “OCEAN” or a similar phrase. Although a previous token teaser from early December met a harsh reception, the crypto community seems much more enthusiastic about a possible launch. OpenSea Foundation Might Launch OCEAN Token OpenSea, one of the largest NFT...
MicroStrategy’s Michael Saylor releases crypto framework to guide US president Trump
Michael Saylor, the chairman of MicroStrategy, just put out a framework directed squarely at helping Trump’s administration figure out its crypto policies. According to Saylor, it is: “A strategic digital asset policy that can strengthen the US dollar, neutralize the national debt, and position America as the global leader in the 21st-century digital economy—empowering millions […]
Billion-Dollar Solana-Based Memecoin Is ‘Going to Zero’ Against Dogecoin, Warns Top Crypto Trader
A widely followed crypto analyst says that one Solana (SOL)-based meme asset with a $1.89 billion market cap is going to zero against Dogecoin (DOGE). In a new strategy session, pseudonymous crypto strategist DonAlt tells his 637,200 followers on the social media platform X that even though memecoin dogwifhat (WIF) could bounce soon against DOGE, […] The post Billion-Dollar Solana-Based...
Wall Street Rallies On Soft Inflation Data, Bonds Rebound, Travel Stocks Surge: What's Driving Markets Friday?
Risk sentiment returned to Wall Street on Friday, revitalized by softer-than-expected November inflation data leading to a strong market rebound following the selloff triggered by the Federal Reserve’s recent meeting.< read more
Crypto investment communities are hubs of knowledge, networking, and real-time updates that empower investors to navigate the volatile cryptocurrency market. The post Exploring the Best Crypto Investment Communities first appeared on Ecoinimist.