Video-sharing platform Rumble says it had purchased more than $17 million worth of Bitcoin as part of a previously announced investment strategy.In a March 12 notice, Rumble said it had added 188 Bitcoin (BTC) to its treasury for roughly $17.1 million. The investment, suggested by CEO Chris Pavlovski in November following Donald Trump winning the US presidential election, was touted as a hedge against inflation and part of a broader move to deepen ties to the crypto industry.

Bitcoin is trading below crucial support levels after massive selling pressure swept through the market. Since late January, BTC has lost over 29% of its value, fueling fear and uncertainty among investors.

Bitcoin and Ethereum struggle to maintain gains, while XRP rallies on optimism over the SEC potentially closing its case against Ripple. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $82,997.45 -0.13% Ethereum (CRYPTO: ETH) $1,876.24 -3.7% Solana (CRYPTO: SOL) $124.56 -2.1% XRP (CRYPTO: XRP) $2.23 +2.5% Dogecoin (CRYPTO: DOGE) $0.1689 +1.3% Shiba Inu (CRYPTO: SHIB) $0.00001229 +0.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.2% and daily active addresses falling by 3.4%.

Bitcoin's (BTC) dominance has crested new highs as altcoins' short-lived rally fizzles, according to data from Matrixport, a cryptocurrency financial services platform. As of March 12, Bitcoin dominance — a measure of Bitcoin's share of crypto's overall market capitalization — stands at 61.2%, according to Matrixport.

The amount of Bitcoin (BTC) held by public corporations reached 592,112 BTC in 2024, according to Bitcoin Treasuries data. Bitwise head of research Ryan Rasmussen highlighted that the number is twice as much Bitcoin as institutions accumulated in the previous five years combined.

Jurrien Timmer, director of global macro at Fidelity Investments, has weighed in on the Bitcoin price action, arguing that $70,000 is the main level to watch.

ARK Investment Management LLC, led by Cathie Wood, has made a notable shift in its investment strategy. The firm recently stopped selling Bitcoin and ramped up its Coinbase (COIN) stock purchases.

Bitcoin miners are ramping up BTC sales, adding to market pressure as price declines continue. CryptoQuant data shows a surge in miner-to-exchange flows, signaling financial strain ahead of the Bitcoin halving. The post Bitcoin Faces Increased Selling Pressure Amid Miner Sell-Offs – CryptoQuant appeared first on Cryptonews.

Are institutional investors rethinking their Bitcoin exposure amid regulatory uncertainty?

Rich Dad Poor Dad author Robert Kiyosaki is doubling down on Bitcoin (BTC) and precious metals as he warns of a possible US economic collapse. Kiyosaki tells his 2.7 million followers on the social media platform X that the market selloff this week may indicate the “everything bubble” is on the verge of collapse.

Deutsche Bank has highlighted several benefits associated with the decision of the US to proceed with a Strategic Bitcoin Reserve. The German bank says the move can trigger economic upsides for the US while laying a precedent for international standards.

The video-sharing platform's purchase forms part of its plan to allocate up to $20 million to Bitcoin.

The U.S. SEC has delayed decisions on spot ETFs for major altcoins including XRP, SOL, ADA, and DOGE until May, citing the need for further review. Meanwhile, the agency will host a key roundtable to address crypto asset classification and pave the way for clearer regulation.

Bitcoin (BTC) is trading below key support levels after massive selling pressure hit the market, fueling fear and uncertainty among investors. Since the start of March, BTC has lost over 19% of its value, triggering concerns that further downside may be ahead.

Bitcoin drops 26.3% from its $110K peak amid Trump's tariff war and Fed policies. However, easing whale selling and a key macro signal suggest a potential rebound ahead.

In an interview with BeInCrypto, Johnny Garcia, Managing Director of Institutional Growth and Capital Markets at VeChain Foundation, addressed the rejection of Bitcoin (BTC) reserve bills. He emphasized that the core issue goes beyond legislative resistance—highlighting the need for greater education for both the public and policymakers.

Nebraska will begin regulating Bitcoin and crypto ATMs to protect customers from scams, after Governor Pillen signed the bill into law.

Analyt project massive BTC dominance if its DeFi sector is fully tapped.

Bitcoin price climbed 7.4% in 24 hours, reclaiming $83,700 after bottoming at $76,000. Softer inflation data and easing geopolitical risks fueled gains.

The crypto market is facing a decline, with increased fear coming from trade tensions and the effects of President Trump's Bitcoin Reserve order. Ethereum, a leader in the altcoin sector, has seen a significant decline, dropping nearly 14% over the past week.

Bitcoin (BTC), Ethereum (ETH) and XRP face carnage in response to Trump's policies and announcements. The total market capitalization of crypto is down to $2.784 trillion on Wednesday.

Bitcoin has fallen sharply over the past 30 days, falling from a record high of 109k to a low of 77k this week, a level that was last seen in November last year. This puts losses at almost 30%.

Bitcoin struggles near $84K as analysts warn of a final drop to $73K. Soft U.S. inflation data lifts sentiment, but Mt. Gox BTC transfers add uncertainty. The post Bitcoin Faces ‘Final Leg Down' to $73K – Here's What Could Happen Next appeared first on Cryptonews.

Bitcoin Magazine Rumble Acquires $17.1 Million in Bitcoin as Part of Treasury Strategy Video-sharing platform Rumble boosts its Bitcoin holdings with a 188 BTC purchase, reinforcing its commitment to a Bitcoin treasury strategy. This post Rumble Acquires $17.1 Million in Bitcoin as Part of Treasury Strategy first appeared on Bitcoin Magazine and is written by Nik.

Bitcoin ETF outflows have nearly amounted to $750 million in the last two days as the crypto market consistently fell. BlackRock, the largest issuer, has offloaded around 2,000 BTC in the previous 24 hours.

The company redirected mining rigs to self-mining as customer delayed payments during bitcoin's price drop.

Deutsche Boerse's post-trade unit, Clearstream, has unveiled plans to launch cryptocurrency custody services for Bitcoin and Ethereum in Europe later this year.

Starknet plans to expand Bitcoin use cases by bridging Bitcoin and Ethereum. StarkWare recently established a Bitcoin strategic reserve.

Bitcoin remains at risk despite short term relief on cooler inflation data. PI, TIA lead daily gains for altcoins.

Strike CEO Jack Mallers has highlighted Bitcoin's (CRYPTO: BTC) growing dominance in the global store of value market, valued at approximately $400 to $500 trillion. What Happened: Speaking to Anthony Pompliano at the New York Bitcoin Investor Week from Feb. 24 to Feb. 28, Mallers stated that with Bitcoin's market cap at just $1.5 trillion it is still in the early stages of adoption.

Bitcoin (BTC) bounced from $76,606 on March 11, but the bulls could not sustain the price above $84,500 on March 12. Nansen principal research analyst Aurelie Barthere told Cointelegraph that Bitcoin is in a macro correction in a bull market, with the next crucial level being “$71,000-$72,000, top of the pre-election trading range.

Overall selling pressure from BTC miners have relatively subsided in the past two weeks.

Hemi Labs has signed up dozens of protocols, including decentralized exchange (DEX) Sushi, liquid staking token pumpBTC and oracles RedStone and Pyth.

The crypto market recovered some of its losses Wednesday following a lower-than-expected US Consumer Price Index (CPI) report. Bitcoin surged above $84,000, while XRP crossed the $2.25 mark, gaining 6% in the last 24 hours.

On March 7, President Donald Trump was in attendance at the White House cryptocurrency summit, where he announced the formation of a Strategic Bitcoin Reserve. That repository, should it actually be formed, will contain Bitcoin (BTC 0.62%), and the similar Digital Asset Stockpile will contain other cryptocurrencies.

Popular cryptocurrency XRP may be running out of steam against its major counterpart, Bitcoin (BTC). As became known thanks to Bollinger Bands, an interesting thing happened - XRP recently hit a middle band at 0.00002685 BTC and, unfortunately for its supporters, did not make it above.

The digital asset traded just below $82,000 this morning despite positive macroeconomic data that shows tempered inflation. Bitcoin Flatlines as Inflation Eases The dominant cryptocurrency remained mostly flat over the past 24 hours as better-than-expected inflation data cultivated optimism in traditional markets. Bitcoin (BTC) traded within a range of $79,059.43 to $84,358.

Stablecoin accumulation and increased active addresses indicate investors gearing for a market rebound despite recent volatility and declining trading volumes.

Mike McGlone, the senior commodity strategist at Bloomberg Intelligence, has taken to his social media account to share his take on the prospects the markets are likely to face later this year as the leading cryptocurrencies, Bitcoin and Ethereum, remain in a heavy decline.

Video platform Rumble has purchased 188 BTC for $17.1 million, strengthening its push into the crypto space. The buy aligns with Rumble's $20 million bitcoin treasury strategy. Rumble Acquires $17.1 Million in Bitcoin as Part of Treasury Strategy Rumble, the video-sharing and cloud services company, announced the acquisition of 188 BTC for approximately $17.

The Bank of Russia has proposed allowing a limited group of qualified investors to purchase and sell cryptocurrencies under a new three-year experimental legal regime. What Happened: Announced on Wednesday in accordance with President Vladimir Putin's directives, the initiative targets "particularly qualified" investors—individuals with over 100 million rubles ($1.02 million) in securities and deposits or annual income exceeding 50 million rubles ($510,000)—and companies already classified as qualified investors.

Despite recent drops in the crypto market, which could be attributed to the uncertainty around tariffs, spot bitcoin ETF outflows, and crypto-specific events, investors with a long-term conviction in bitcoin may see this as an opportune time to add further to their overall holdings, says eToro's Simon Peters.

A shift in Bitcoin whale activity is occurring on Binance, which may cause the market to go in a different route. There is uncertainty as a result of some major Bitcoin holders decreasing their holdings while others are buying.

Last week, I attended the launch event of Presidio Bitcoin, a new co-working and event space in San Francisco.

Rumble, a Toronto-headquartered video hosting, streamling and cloud platform, joins the corporate Bitcoin (BTC) purchasing mania. The statement about $17.1 million Bitcoin (BTC) added to the treasury comes 10 weeks after Tether's investment in Rumble.

Video-sharing platform Rumble has confirmed the purchase of a cache of BTC for $17 million, joining a growing list of firms embracing the asset. The purchase follows a blueprint to allocate a chunk of its corporate treasury to Bitcoin back in 2024.

Increased volatility in the Treasury market often leads to reduced risk taking in financial markets.