Tether + Rumble $RUM launched a wallet
> ~60m MAUs, all getting access to USDT, Tether Gold and BTC
> If you squint, you can see Tether silently making a pretty genius (pun intended) move building out a non-bank FI via Rumble that distributes its products globally; starting with

Rumble wallet in partnership w/ Tether going live in Q3. Called out Coinbase specifically in their earnings call and planning to compete H2H
Heavy focus on becoming the leading non-custodial BTC + stablecoin wallet
Wallet will let creators get paid in BTC/stables and users can  x.com/TheOneandOmsy/…

Omar

Twitter

BitMEX co-founder Arthur Hayes wrote that the recent Bitcoin crash may stem from traders' concerns about IBIT (BlackRock) […]
The article, "Arthur Hayes Speculates on BTC Crash Cause: 'Institutional Hedging Operations': IBIT Options Explode $900 Million," was originally published on BlockTempo, the most influential blockchain ABMedia media.

Arthur Hayes speculates that the reason for the BTC crash is "institutional hedging operations": IBIT options saw a surge of $900 million.

Unusual trading in BlackRock’s bitcoin ETF, iShares Bitcoin Trust (IBIT), has led traders to speculate that this week’s sharp Bitcoin drop may have been triggered by one or more Hong Kong–based hedge ...

Bitcoin Selloff Sparks Hedge Fund Speculation Around BlackRock ETF

Bitcoin ($BTC) has recently gone through a sudden shift on Bithumb, a well-known South Korean crypto exchange. In this respect, the $BTC/KRW trading abruptly plummeted over 10% below the worldwide ave...