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Rumble is making good on its CEO’s year-old vision, evolving from a video hub into a nascent digital economy where content and cryptocurrency merge, offering a tangible use case for Bitcoin as a direct payment method. Summary Rumble integrates Bitcoin and crypto tipping for 51M users Follows $775M Tether investment and broader decentralization push Connects Bitcoin treasury strategy with creator revenue model On Oct. 24, the video platform formally announced it is integrating a Bitcoin (BTC) and cryptocurrency tipping feature, enabling its 51 million users to send direct payments to creators. The move, teased by CEO Chris Pavlovski nearly a…

Tether Investments has jumped into a $39 million Series A funding round for Pave Bank, a company trying to merge traditional banking with digital assets. The round was led by Accel, with support from Wintermute, Quona Capital, and Helios Digital Ventures. The fresh funds are expected to help Pave Bank grow its global presence, speed up its product pipeline, and bring more institutional clients on board. A Bank That Talks to Both Worlds Pave Bank calls itself a “programmable” commercial bank, meaning it’s built for businesses that deal with both fiat currencies and digital assets. It’s not just a catchy…

The U.S. government shutdown has meant a dearth of official economic data this month, but the Bureau of Labor Statistics got enough of its group together to issue its Consumer Price Index (CPI) report for September, and it came in better than anticipated.The CPI rose 0.3% month-over-month compared to economist expectations of 0.4% and August’s 0.4% increase. On a year-over-year basis, CPI increased by 3.0%, against forecasts of 3.1% and August’s 2.9%. Core CPI — which excludes volatile food and energy prices — climbed 0.2% month-over-month versus expectations of 0.3% and August’s 0.3%. Year-over-year core CPI was 3.0%, compared to…

Ethereum trades near $4K as analysts watch for a breakout from resistance. A move above $4,100 may trigger a relief rally. Ethereum is trading just below a key resistance level after holding support at $3,800. Market focus is now on whether buyers can push through the overhead pressure or if the price will face another rejection. ETH Holds at $3,800, Approaches Resistance Band ETH has recovered from recent lows and is currently trading around $4,000. The asset found support in the $3,790 to $3,815 area, which has consistently acted as a base in recent sessions. Below this level, another…

Key points:Bitcoin’s relief rally is facing selling near $112,000, signaling that the bears have not given up.Buyers have defended the support levels in select major altcoins, but unless they push the price above the overhead resistance, the selling is likely to resume.Bitcoin (BTC) is attempting a comeback, but the bears are selling the recovery near $112,000. Bitfinex analysts said in a report that the 18.1% peak-to-trough drawdown in October is “consistent with prior cycle-high retests since 2023,” indicating consolidation rather than a trend reversal. Galaxy Digital CEO Mike Novogratz said in an interview with CNBC that BTC “should hold” around $100,000.…

Key NotesBitcoin price could rally to claim the upside liquidity at $114,000, however, a failure to break past this could trigger a sharper correction.With headline and core CPI both coming in at 3.0%, below forecasts of 3.1%, markets anticipate a 25 bps Federal Reserve rate cut next week.Altcoins Ethereum, XRP, and Binance Coin rose 3-5% following cooler-than-expected US inflation figures. Bitcoin BTC $111 106 24h volatility: 0.7% Market cap: $2.22 T Vol. 24h: $46.84 B price saw a sharp upside to $111,500 levels, extending its daily gains to 2.5% on softer-than-expected US CPI numbers for the month of September. With…

In brief DraftKings acquired prediction market platform Railbird but will focus on states without legal sports betting to avoid jeopardizing its existing gambling licenses. Bitcoin mining rig maker Canaan received a $4 price target from Benchmark analysts after a dramatic turnaround from near-delisting at $1, with shares up 18% for the week. Payments processor Zelle will begin using stablecoins for cross-border transactions, marking a significant adoption move by a platform owned by seven major U.S. banks. Public keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: DraftKings officially enters the prediction market…

Above Food Congratulates Merger Partner Palm Global Technologies and Subsidiary Palm Promax Investments on Landmark Burkina Faso Stablecoin Agreement and Multi-Trillion-Dollar Gold- and Mineral-Backed Asset Commitment – Chainwire HomeNewsroomAbove Food Congratulates Merger Partner Palm Global Technologies and Subsidiary Palm Promax Investments on Landmark Burkina Faso Stablecoin Agreement and Multi-Trillion-Dollar Gold- and Mineral-Backed Asset Commitment We use cookies to make Chainwire’s website a better experience. Cookies help us provide a more personalized experience and relevant advertising for you, and web analytics for us. The…

Crypto assets have emerged as one of the fastest-growing sectors in global finance, presenting substantial opportunities for retail and institutional investors alike. With revenues in Europe projected to grow by over 30% annually, Europe is well placed to capitalize on the growth of this dynamic sector, but it must embrace scrutiny and adapt quickly or risk being left behind.The recent adoption of the Markets in Crypto-Assets (MiCA) Regulation by the European Union (EU) was a significant step forward in supporting the continent’s embrace of the crypto industry and has helped Europe to establish itself as a hub for well-regulated and…

Bitcoin’s (BTC) long-time whales, once the fiercest champions of self-custody, may be losing some of their grip on the market as more migrate toward the comforts of traditional finance. Earlier this week, a BlackRock executive revealed that several of Bitcoin’s earliest holders are quietly swapping portions of their spot positions for exchange-traded funds (ETFs), gaining access to broader wealth management tools in the process.While ETFs and spot Bitcoin have traditionally served different audiences, onchain data suggests the rise of spot ETFs may be coming at the expense of self-custody. According to analyst Willy Woo, the amount of self-custodied Bitcoin recently…