Shares of Rumble (RUM) jumped 21% in premarket trading after it announced it agreed to buy AI and high-performance computing company Northern Data AG (NB2), and stablecoin issuer Tether agreed to buy up to $150 million worth of GPU services from the combined company. Rumble, based in Longboat Key, Fla., said it expects the 100% […]
The crypto market saw a period of gains over the weekend after two straight weeks of losses. Bitcoin BTC$105,955.36 rose by 4% in the last 24 hours and, after reaching $106,500, is now trading around $106,000 as it attempts to move away from the psychological support level of $100,000. Ether ETH$3595.68 added 6.5%. The altcoin
Altcoins Lead Gains as Trump Dividend Plan Sparks Retail Rally Read More »
According to Velo data, Mondays generated negative returns on average over the past month. However, this Monday started in the green as Bitcoin climbed above $106,000, reclaiming a key technical level, the 365-day moving average, which has acted as important long-term support throughout this cycle. This moving average currently sits near $102,444. However, a small
Crypto Stocks Rise Premarket, But There’s a Twist Read More »
The cryptocurrency market lit up on Sunday, with cheers on social media as users hoped for further bull runs for bitcoin. BTC$106,069.94 and tokens like XRP and DOGE fueled by stimulus checks, following President Donald Trump’s announcement of a tariff dividend for low-income Americans on Truth Social. But the reality, as Treasury Secretary Scott Bessent
The bottom of the Bitcoin Treasury stock bloodbath may finally be reached. Jim Chanos, the famed short seller best known for anticipating Enron’s collapse in 2001, said he closed his position in Strategy (MSTR), marking the end of an 11-month MSTR/long bitcoin short. BTC$106,415.04 trade. A short position, which involves selling borrowed shares, is a
Is this the indicator that BTC treasury companies have bottomed out? Read More »
Broker Canaccord Genuity said IREN’s (IREN) new graphics processing unit (GPU) cloud deal with Microsoft (MSFT) marks a turning point for bitcoin. BTC$105,923.28 minor, pushing it firmly into the AI infrastructure space. The brokerage reiterated its buy rating on the shares and raised its price target from $42 to $70, citing the five-year, $9.7 billion
Microsoft (MSFT) deal boosts IREN’s AI ambitions, says Canaccord Read More »
Bitcoin and major cryptocurrencies extended gains Monday as traders digested U.S. President Donald Trump’s latest economic proposal of a $2,000 “tariff dividend” for every American, funded by import duties. The plan, revealed on Truth Social, stimulated risk appetite even as some questioned its feasibility and potential inflationary fallout. “A dividend of at least $2,000 per
What’s next for ETH, XRP, ADA and SOL as Trump brandishes $2,000 ‘tariff dividend’ Read More »
Dogecoin rose 5.2% to $0.1811 on Tuesday as institutional buying accelerated past the key resistance level of $0.1800. The move comes amid stronger risk sentiment following comments by US President Donald Trump over the weekend calling tariff supporters “fools” while pledging to use tariff proceeds to fund $2,000 dividends for Americans – remarks that spurred
Trump brings back the DOGE and SHIB Rally vibes of the 2021 era Read More »
Zcash wrapped by Zenrock, unified custody layer ZEC$665.59 The token, known as zenZEC, has seen a total trading volume of around $15 million since its debut on the Solana blockchain on October 31. While this number undoubtedly pales in comparison to the blockbuster crypto tokens that routinely trade in the billions, it signals something more
Zcash Privacy Meets Solana DeFi with Zenrock Wrapped ZEC Crossing $15M in Volume Read More »
