"Tether Invests $775M in Rumble: Implications for Bitcoin and DeFi"
Tether invests $775M in Rumble, influencing Bitcoin and DeFi markets. Tether's $775M Investment in Rumble: What It Means for Bitcoin and DeFi Tether, known for its stablecoin USDT, has made a significant move by investing $775 million in Rumble, a video-sharing platform that aims to challenge mainstream social media giants. This investment not only signifies Tether's growing influence in the digital landscape but also raises questions about its implications for Bitcoin and decentralized finance (DeFi). Market Overview The cryptocurrency market continues to evolve, with major players like Tether diversifying their portfolios. As of now, Bitcoin remains a cornerstone of digital assets, with its price hovering around $30,000 . The market sentiment is cautiously optimistic, driven by institutional interest and regulatory developments. Specific Market Observ...