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news-imageNovember 26, 2024

Rumble Stock Rises In Tuesday Pre-Market After Adopting Bitcoin Treasury Strategy As BTC Retreats

Rumble Inc. (NASDAQ:RUM) saw a 5.75% rise in pre-market trading on Tuesday, as per Benzinga Pro, following the announcement of a new Bitcoin (CRYPTO: BTC) treasury strategy. What Happened: According to an announcement made Monday, Rumble's board has approved a plan to invest a portion of its surplus cash reserves into Bitcoin, aligning with the cryptocurrency's record-breaking performance.
Publisher: Benzinga
Sentiment: Positive
BTC

More News Articles

Negative
cover-imageBitcoin
November 26, 2024

Swan Bitcoin Files Lawsuit Against Its Own Lawyers

Swan Bitcoin is suing its law firm for attempting to withdraw from a trade secrets case due to a conflict of interest with another client. Misappropriated Trade Secrets Cryptocurrency financial services firm Swan Bitcoin has filed a lawsuit against its own legal representative, Gibson, Dunn & Crutcher, alleging legal malpractice.

Negative
cover-imageProactive Investors
November 26, 2024

Bitcoin retreats: Has the banana zone reached expiration date?

Bitcoin (BTC)'s extraordinary rally following pro-crypto president-elect Donald Trump's victory in the US presidential election has seemingly become a bit too ripe for the market to handle. In other words, the world's largest cryptocurrency is in reversal mode following last week's all-time high.

Negative
cover-imageCoingape
November 26, 2024

Bitcoin Price Crashes 8%, Will BTC Recover?

After approaching $99,690 on November 22, BTC extended the weekend crash, leading to a 7.09% correction in total. As a result, Bitcoin formed a potential swing low at $92,620 on Monday and is not attempting a pullback.

Negative
cover-imageCrypto Economy
November 26, 2024

Crypto Market Plummets – Bitcoin Falls to $92K

TL;DR The crypto market has experienced a significant downturn, with Bitcoin (BTC) dropping to approximately $92,000, raising concerns about short-term stability and future prospects. Factors behind the decline include a broader market correction, the Federal Reserve's decision to maintain interest rates, and geopolitical tensions leading to a flight to safety.

Positive
cover-imageThe Currency Analytics
November 26, 2024

Michael Saylor Champions Strategic Bitcoin Reserve, Drawing Parallels to Historic U.S. Acquisitions

Michael Saylor, the executive chairman of Microstrategy and a staunch advocate for Bitcoin, is urging the United States to adopt a strategic bitcoin reserve. In a post on social media platform X (formerly Twitter), Saylor argued that such a reserve could transform America's financial landscape, drawing parallels with some of the most lucrative acquisitions in U.S. history.

Negative
cover-imageBitcoinist
November 26, 2024

Bitcoin Price Crashes Below $93,000: Top 3 Reasons

The crypto market faced a significant setback today as the Bitcoin price dropped below the $93,000 threshold. After reaching an all-time high of $99,588 on Binance last Friday, the leading cryptocurrency has fallen over 6%, hitting a low of $92,326.

Neutral
cover-imageBenzinga
November 26, 2024

Warren Buffett Once Predicted A 'Bad Ending' For Crypto. Since Then, The Sector's Market Cap Has Quadrupled, Riding On The Bitcoin, Dogecoin Waves

Veteran Wall Street investor Warren Buffett is known for his unabashed takes on cryptocurrencies and has never shied away from voicing his disapproval in the harshest terms possible. What happened: Buffett has made Berkshire Hathaway into one of the world's most valuable corporations through a succession of acquisitions and investments over the years, becoming one of the most followed stock investors globally.

Positive
cover-imageCoinPedia
November 26, 2024

MicroStrategy Bitcoin Holdings May Reach Over 1Million BTC by 2030

Bitcoin is currently testing levels below the crucial $95k mark and is down by more than 4% in the last 24 hours. In the meanwhile, PlanC (@TheRealPlanC) shared a bold prediction about MicroStrategy's Bitcoin accumulation strategy, suggesting that the company could hold over 1 million Bitcoins by January 1, 2030.

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