Tether has announced a $775 million strategic investment with video sharing platform Rumble just weeks after the platform announced it would be adding Bitcoin to its balance sheet.
Rumble, the video-sharing platform and cloud services provider has just inked a $775 million deal with Tether, the heavyweight of stablecoins. This blockbuster investment signals a partnership between two giants, both devoted to championing decentralization and the freedom of speech. Rumble Gains $775 Million Backing from Tether As revealed in a statement shared with Bitcoin.com
Ripple has pledged a landmark donation of $5 million in XRP, signaling a growing intersection between cryptocurrency and political finance. This unprecedented contribution is part of a broader movement, with
Meme coin WIF may temporarily rise but will ultimately decline against Dogecoin. Ethereum's support level is crucial to avoid severe market downturns. Continue Reading: Expert Predicts Meme Coin’s Decline Against Dogecoin The post Expert Predicts Meme Coin’s Decline Against Dogecoin appeared first on COINTURK NEWS .
Electric Elon Musk could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Electric Elon Musk (ELECMUSK), a new Solana memecoin that was launched today, is set to explode over 18,000% in price in the coming days. This is because ELECMUSK is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Electric Elon Musk can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Electric Elon Musk could become the next viral memecoin. Electric Elon Musk launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Electric Elon Musk on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Electric Elon Musk by entering its contract address – GLb1x7V9aav8iRjsxgG5UXdxLdk7YkrkcnKYByr542UD – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like ELECMUSK. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
In a significant move for both cryptocurrency and streaming media, Tether has invested $775 million in Rumble, aligning with their Bitcoin reserve strategy. This partnership is poised to enhance Rumble’s
More than $100 trillion dollars will be handed down to heirs over the next couple of decades as the pace of the Great Wealth Transfer accelerates, according to a new report. The research firm Cerulli Associates says $105 trillion will be passed on to heirs by 2048, while charities will receive $18 trillion over the same period. Baby Boomers, the Silent Generation and other older generations will be the major benefactors. “Nearly $100 trillion will be transferred from Baby Boomers and older generations, representing 81% of all transfers. More than 50% of the overall total volume of transfers ($62 trillion) is expected to come from those who are currently high-net-worth (HNW) and ultra-high-net-worth (UHNW), which together make up only 2% of all households.” Over the short term, generation X will benefit more than Millennials from the Great Wealth Transfer. “Millennials will be inheriting the most of any generation over the course of the next 25 years ($46 trillion). However, Gen X stands to inherit the greatest portion of assets in the next 10 years, totaling $14 trillion to Millennials’ $8 trillion.” Widows in the Baby Boomer and the Silent Generation as well as other older generations are set to receive about 38% of the wealth before it can get to heirs and charities, according to the report. “Projections of horizontal, or intra-generational, transfers show that $54 trillion will be passed on to spouses before eventually transferring intergenerationally to heirs and to charities. Nearly $40 trillion of these spousal transfers will be going to widowed women in the Baby Boomer and older generations…” Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post $105,000,000,000,000 To Be Handed Down As Great Wealth Transfer Enters Full Swing – And One Generation Will Benefit More in the Short Term: Report appeared first on The Daily Hodl .
Stablecoin issuer Tether has committed $775 million to rising streaming video platform Rumble, which has adopted a Bitcoin reserve strategy.
A momentum indicator recently flipped bullish for XRP , Solana ( SOL ) and two other altcoins, according to a popular crypto analyst. Ali Martinez tells his 101,300 followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator presented buy signals on the four-hour charts for XRP, SOL, Maker ( MKR ) and World Network ( WLD ). Traders use the TD Sequential Indicator to predict potential trend reversals for tokens based on the closing prices of their 13 previous bars or candles. XRP is trading at $2.28 at time of writing. The 4th-ranked crypto asset by market cap is down nearly 4% in the past 24 hours. Source: Ali Martinez/X SOL is trading at $195.59 at time of writing. The Ethereum ( ETH ) competitor and 6th-ranked crypto asset by market cap is down more than 5% in the past day. Maker is a decentralized finance (DeFi) protocol and stablecoin issuer. The project’s native token, MKR, is trading at $1,656 at time of writing. The 87th-ranked crypto asset by market cap is down more than 1.5% in the past 24 hours. Worldcoin, OpenAI CEO Sam Altman’s controversial cryptocurrency project that uses eye-scanning technology to create an identity network, rebranded to World Network in October. The project’s native token, WLD, is trading at $2.23 at time of writing. The 73rd-ranked crypto asset by market cap is down almost 10% in the past day. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Crypto Analyst Says On-Chain Indicator Flashing Bullish Signals for XRP, Solana and Two Other Altcoins appeared first on The Daily Hodl .
The US Department of Justice (DOJ) has charged a 51-year-old Russian-Israeli dual citizen, Rostislav Panev, over his alleged involvement with LockBit, the notorious ransomware group. The DOJ is currently seeking his extradition from Israel, where he was arrested. Panev was arrested in August following two guilty pleas in July from two Russian members of the group; Ruslan Astamirov and Mikhail Vasiliev. The LockBit gang , according to the US Department of Justice, has hit over 2500 victims in 120 countries around the world. These include small businesses, large multinationals, hospitals, schools, critical infrastructure, and government and law enforcement agencies. Notable victims of LockBit include Boeing Co., The Industrial & Commercial Bank of China, and the UK’s Royal Mail. The group has been connected to a string of ransomware attacks, with victims’ data locked up or their systems rendered inoperable until they extort a fee from them. LockBit developer arrested Rostilav Panev worked as a developer and coder for LockBit for approximately five years starting from its inception in 2019 to February 2024. The now-detained developer received approximately $230,000 in cryptocurrency transfers as payment for his work, according to the charges filed by the Department of Justice. LockBit and its affiliates extorted at least $500M in payments from victims and also caused significant losses in revenue. According to Panev’s lawyer, defense attorney Sharon Nahari, he developed tools for the group without any knowledge of the intended use of the software. The superseding complaint received by the DOJ alleges that Panev exchanged direct messages through a cybercriminal forum with LockBit’s primary administrator. His attorney, Sharon Nahari, maintains that Panev corresponded with the group solely through Telegram messages and had no idea about their identity. “The arrest of Mr. Panev reflects the Department’s commitment to using all its tools to combat the ransomware threat,” said Deputy Attorney General Lisa Monaco. Attorney General Merrick B. Garland also stated that three individuals allegedly responsible for the cyber attacks against thousands of victims are in custody and that the Justice Department will continue to hold all those who enable ransomware attacks accountable. Law enforcement crackdown The LockBit group emerged in 2019. The group was discovered in 2020 when its malicious software was discovered on a Russian cybercrimes forum. In February, law enforcement in the UK and the US seized websites and servers used by LockBit members and associates. The police also obtained victim data and thousands of decryption keys urging victims to reach out to the group for help in recovering their stolen data. LockBit quickly resurfaced after the seizure, stating threateningly, “I cannot be stopped.” Despite their bold stance, the efforts of law enforcement have significantly weakened the group’s ability. Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap