Rumble Launches Non-Custodial Crypto Wallet Supporting Bitcoin and USDT
- Crypto Wallet Launch: Rumble has launched a non-custodial crypto wallet that allows users to tip creators directly on the platform using Bitcoin, USDT, and Tether Gold, significantly enhancing user experience while reducing reliance on traditional payment intermediaries.
- Positive Stock Reaction: Following the wallet announcement, Rumble's stock rose nearly 4%, trading close to $7, reflecting market optimism regarding the company's deepened crypto strategy, with a year-to-date increase of over 5%.
- Increased Bitcoin Holdings: Rumble's Bitcoin holdings have grown from 188 to 211, with a total investment of $17 million, positioning the company as the 85th largest public Bitcoin holder, thereby strengthening its presence in the digital asset space.
- Strategic Relationship with Tether: Tether invested $775 million in Rumble last year and expanded its stake through additional Class A share purchases, indicating a deepening strategic partnership, with the wallet launch reflecting this alignment.
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Technical Analysis for XAUt
Technical Sentiment Analysis for Tether Gold (XAUt) As of , Tether Gold (XAUt) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 4 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for XAUt stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, XAUt is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Tether Gold (XAUt) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 3844.898 | 4135.684 | 4505.578 | 4796.364 | 5166.258 | 5457.044 | 5826.938 |
| Fibonacci | 4135.684 | 4388.064 | 4543.984 | 4796.364 | 5048.744 | 5204.664 | 5457.044 |
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