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.

XRP has surged nearly 2% in a day, aligning with the broader market recovery. This rebound follows the completion of a correction phase, with technical indicators suggesting a potential bullish breakout.

Franklin Templeton has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch the Franklin Solana ETF, a new exchange-traded fund designed to track the price of the cryptocurrency Solana (SOL).

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

In a landmark development for the Solana ecosystem, a newly proposed token emission model, known as SIMD 228, has attained quorum with approximately 70% of votes cast in favor. According to a post by research analyst Carlos (@0xcarlosg) on X, voting concludes at Epoch 755, which is set to arrive in under 48 hours.

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.

A significant regulatory milestone may be on the horizon for XRP and the wider crypto market in the US as reports suggest that the legal dispute between Ripple Labs and the US Securities and Exchange Commission (SEC) is nearing its conclusion.

The passage of SIMD-228 marks Solana's transition from fixed inflation to a market-driven model, solving the problems of excessive inflation and insufficient incentives. Compared with Ethereum's destruction mechanism and Sui's static inflation, Solana's dynamic design is more flexible, but it still needs ecological feedback optimization.

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.

The lawsuit's resolution could redefine regulatory clarity and enforcement approaches in the cryptocurrency industry, impacting future cases. The post SEC vs.

The rapid rise of the Solana network at the beginning of the year seemed to herald a new era for its ecosystem. Fueled by an unprecedented speculative frenzy around memecoins, the blockchain recorded record revenues, reaching $55.3 million per week.

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.

Despite much bullish speculation, the legal battle between the Securities and Exchange Commission (SEC) and Ripple Labs remains, at press time, much like the Korean War: a frozen conflict.

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

According to a recent report by Fox Business, the U.S. Securities and Exchange Commission (SEC) is currently wrapping up the Ripple case.

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.

An analyst is expressing apprehension regarding the price movement of XRP, cautioning that the cryptocurrency may be on the brink of a significant decline. A bearish price pattern is forming on the charts, which, if confirmed, could result in a significant selloff.

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.

Dog-themed cryptocurrency Dogecoin's (DOGE) price has seen a rebound following five days of consecutive falls since the weekend.

Solana (SOL) faces bearish pressure on all fronts, from price action and trading volume to revenue falls. On the cryptocurrency market, Solana's revenue has notably declined from its January figures.

The true impact of Solana's SIMD-228 proposal will only materialize if network adoption accelerates.

XRP (CRYPTO: XRP) is up on Wedneday amid growing institutional interest. What Happened: Cryptocurrency options exchange Deribit noted the positive impact of ETF filings on the price of XRP, despite the looming threat of tariffs.

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.

Ripple price remains in a bear market after falling by over 35% from its highest level in January. Ripple (XRP) rose for the second consecutive day as cryptocurrencies rebounded after the encouraging inflation data.

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.

Following a protracted downward trend, Dogecoin most recently tested its final support level at $0.14. But a recent upswing has raised hopes for a possible recovery above $0.20.

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

Bitcoin (BTC) has gone up 3.8% in the past 24 hours as inflation figures from February in the United States came in below the market's expectations.

The premium on Bitcoin futures contracts on the CME has narrowed to its tightest spread since November, erasing the surge tied to Trump's election win, as market focus shifts from political optimism to broader economic factors. CoinDesk's Christine Lee hosts "Chart of the Day.

U.S. inflation report expectations and the reintroduction of Senator Cynthia Lummis' BITCOIN Act are giving BTC a boost Wednesday. Plus, the U.S. House overturns an IRS broker rule on DeFi and the U.S. SEC delays XRP, DOGE, LITE ETFs.

Video platform Rumble has acquired approximately 188 Bitcoin for $17.1 million, averaging $91,000 per coin. This purchase comes as part of its Bitcoin (BTC) treasury strategy.

This is the third crypto cycle I've written about here on Forbes. So far, as you can verify, I've consistently been a bull at the bottom and a bear near the top.

“Under favorable conditions, ETH may reach $6,000–7,000 this year,” an analyst told Decrypt.

Bitcoin (BTC) saw a classic Wall Street sell-off on Mar. 12 as bears tempered a welcome US inflation slowdown. BTC/USD 1-hour chart.

Franklin Templeton, a financial services company with $1.6 trillion of assets under management, has officially filed a registration statement with the U.S. Securities and Exchange Commission for a spot XRP exchange-traded fund (ETF).

The firm made its first purchase around the time Trump was elected and may made additional bids depending on market conditions.

XRP looked like it was headed straight for trouble as the infamous head and shoulders pattern had formed - a classic signal of an incoming price collapse. A break below the neckline at $2 could have meant a fall, possibly down to $1.50.