BREAKING
385d 17h ago

Rumble Founder Chris Pavlovski Announces First Bitcoin Purchase, Promising More to Come

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

Rumble, the popular video platform, has recently entered the cryptocurrency arena, marking a significant step in its financial strategy. On January 20, founder Chris Pavlovski announced via social media that the company completed its inaugural Bitcoin acquisition last Friday, underscoring a commitment to integrating digital assets into its business model. This move is expected to enhance Rumble’s position in the evolving crypto economy and could attract a new demographic of investors who are enthusiastic about blockchain technology.

Pavlovski’s declaration that this purchase will be the first of many hints at a broader strategy to leverage Bitcoin as a potential stable asset in Rumble’s treasury. The digital currency’s inherent characteristics, such as decentralization and inflation resistance, align well with the company’s long-term monetary goals. As traditional companies increasingly adopt cryptocurrency, Rumble’s steps may signal a growing trend towards integrating digital currencies into mainstream business practices.

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