News
11 Aug 2025, 17:46
Rumble Gains on Plans to Acquire Tether-Affiliated Northern Data
Video sharing platform Rumble (RUM) gained on Monday on plans to acquire cloud computing firm Northern Data in an all-stock deal, which would see the two firms stablecoin issuer Tether (USDT) invested in merging into one. If the deal proceeds, Rumble would give 2.319 newly-issued shares for each Northern Data share. Northern Data shareholders would own roughly one-third of the combined company. Rumble would integrate Northern Data’s Ardent data center business and Taiga GPU-as-a-service operations, adding more than 20,000 Nvidia H100 GPUs and 2,048 H200s to its cloud infrastructure. Northern Data’s five owned data centers, with potential energized capacity of about 850 MW, include a Georgia facility expected to deliver 180 MW when complete. Tether, which holds about 54% stake of Northern Data, agreed in principle to swap its shares for Rumble stock and commit to multi-year GPU purchases from Rumble. The stablecoin issuer also plans to amend its loan to Northern Data to ease financial pressure post-merger. The deal would see Tether becoming the largest single shareholder of Rumble's Class A common stock following its $775 million investment in the company February. Rumble CEO Chris Pavlovski, who would retain voting control, said the acquisition could position the company as a global leader in AI-focused cloud computing while emphasizing privacy and independence in infrastructure. The announcement coincided with Rumble reporting rising revenues and a loss of $30.2 million, or 12 cents a share, in the second quarter. Rumble's stock jumped as much as 20% pre-market before giving back some of the gains during the Monday session, trading 7% higher from Friday's close. Northern Data shares, traded on European exchanges, closed the day almost 20% lower. Read more: Rumble Taps MoonPay for Crypto Wallet Ahead of Q3 Launch
11 Aug 2025, 17:46
Bitcoin Rallies on 401(k) Rule Change, Eyes New ATH
Bitcoin is trading near record levels after a historic regulatory shift that could eventually allow U.S. retirement accounts to hold crypto assets. While the change will take time to implement, the move is fueling optimism among investors and could serve as a major accelerant for long-term adoption. As market adoption increases and competition for attention intensifies, high-quality PR becomes a key growth driver. This article highlights how Outset PR leverages data-backed strategies to deliver results with lasting impact. The Catalyst: Laying the Groundwork for Crypto in 401(k) Plans In early August, President Donald Trump signed an executive order directing regulators to expand access to alternative investments such as cryptocurrencies and privately held companies within 401(k) retirement accounts. U.S. 401(k) plans currently manage an estimated $8.9 trillion in assets, making the policy a potentially huge channel for future crypto inflows. However, the order does not make crypto investments available immediately. While some asset managers already offer limited crypto exposure via specialized funds, full-scale inclusion in 401(k)s will depend on forthcoming regulatory updates and employer adoption. Immediate Market Reaction Despite the timeline for implementation, the market reacted swiftly: Bitcoin (BTC) rose over 3% intraday, hitting $122,000—just shy of its July 14 all-time high of $123,091. MicroStrategy (MSTR), with its large Bitcoin holdings, rallied on the news. Coinbase (COIN) saw gains on expectations of long-term retail inflows and higher trading activity. The bullish response reflects both the symbolic impact of policy recognition and the market’s tendency to price in future demand. Macro Tailwinds Boosting the Rally The policy news landed in a favorable macroeconomic environment: Weaker U.S. Dollar – The dollar eased ahead of key inflation data and a looming U.S.–China tariff decision. Rate Cut Expectations – Growing bets on potential Federal Reserve rate cuts boosted appetite for risk assets. Global Liquidity Conditions – Improved liquidity across financial markets supported speculative flows into crypto. Together, these factors amplified the positive sentiment generated by the executive order. Technical Outlook: ATH in Sight Bitcoin’s chart remains decisively bullish: Price reclaimed $120,000, now acting as short-term support. Rising volumes confirm strong conviction among buyers. RSI levels are elevated but not yet flashing classic overheating signals for a rally phase. A clean break above $123,091 could unlock the next targets between $130,000 and $135,000, where psychological levels and Fibonacci projections align. Riding Market Trends with Precision: The Outset PR Edge In a market where adoption is growing and competition for attention is intensifying, high-quality PR is no longer optional—it’s a growth driver. Navigating the crypto narrative without the right tools can feel like driving a foggy road without headlights. Outset PR changes that, using data-backed strategies drawn from both retrospective and real-time metrics to produce results with lasting impact. Rather than relying on vague promises, Outset PR delivers concrete plans with: perfect publication timing narratives built around product–market fit performance-based media selection. Every campaign is tailored to a client’s specific goals, budget, and growth stage—far from the cookie-cutter packages common in the industry. Its proprietary traffic acquisition technology fuses organic editorial placements with SEO and lead generation, enabling brands to appear in high-discovery surfaces and multiply traffic compared to conventional PR. Outset PR also runs an internal media analytics desk to track outlet performance by domain activity, visibility shifts, audience geography, and traffic sources—publishing industry reports that help clients stay ahead of trends. By aligning visibility strategies with market momentum—whether it’s Bitcoin nearing an all-time high or an altcoin entering a breakout phase—Outset PR ensures that its clients don’t just ride the wave; they’re positioned where the wave is highest. Conclusion Bitcoin’s rally toward its all-time high is powered by both regulatory optimism and a supportive macro backdrop. While the 401(k) development will take time to translate into real investment flows, it signals a notable shift in U.S. policy toward digital assets. In parallel, the evolving competitive landscape in crypto makes strategic PR a critical tool for amplifying opportunities. Firms like Outset PR show how data-driven, trend-aware campaigns can turn market developments into lasting visibility and measurable business outcomes. You can find more information about Outset PR here: Website: outsetpr.io Telegram: t.me/outsetpr X: x.com/OutsetPR Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
11 Aug 2025, 17:45
Coinbase Ventures purchased TON tokens directly from Telegram, according to a TON Foundation executive.
Coinbase Ventures purchased TON tokens directly from Telegram, according to a TON Foundation executive. $TON #TON
11 Aug 2025, 17:44
Bitcoin will make history at $340K if BTC beats last cycle's 2100% gains
Bitcoin getting to $340,000 this cycle is a "very big ask," but over the past five years, BTC has already won the macro asset returns game, research shows.
11 Aug 2025, 17:40
Sharplink’s ETH Treasury to Surpass $3B After $400M Deal
Sharplink Gaming, Inc. (Nasdaq: SBET) expects its ethereum ( ETH) holdings to exceed $3 billion in value following a $400 million registered direct offering with institutional investors. Sharplink Inks $400M Institutional Deal The Minneapolis-based company disclosed that it entered purchase agreements with five global institutional investors, including some of the world’s largest. Proceeds from the
11 Aug 2025, 17:40
Bitcoin Surges Past $123K Amid Strong Institutional Demand, Potential Targets Eye $127K to $153K
Bitcoin recently surged past $117K, reaching $123,429, driven by strong institutional demand and new 401(k) crypto rules. Bitcoin breaks $117K resistance with a 5% surge, reaching $123,429 on strong institutional