The renowned research and brokerage firm Bernstein has released stock price targets for major Bitcoin (BTC) mining companies. AI-centric Bitcoin miners Core Scientific, IREN, and Terawulf are outperforming their “pure
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From $40K to $25M: How FARTCOIN Became Truth Terminal’s Largest Asset
The post From $40K to $25M: How FARTCOIN Became Truth Terminal’s Largest Asset appeared first on Coinpedia Fintech News Truth Terminal, an AI-powered chatbot platform, has turned heads in the crypto world with its massive gains from FARTCOIN. A modest $40,000 investment has skyrocketed by 62,400%, reaching an incredible value of $25 million. However, despite the extraordinary surge, FARTCOIN has faced a 16% dip in the past 24 hours, reminding traders of the crypto market’s volatility. FARTCOIN Became a Star According to Arkham Intelligence, a leading blockchain analytics firm, FARTCOIN is now Truth Terminal’s largest asset. The platform holds over $40 million in AI-related tokens, with most of it coming from FARTCOIN. Truth Terminal didn’t buy the token at market price; instead, it got it for just $40,000, making its profit even more remarkable. This massive growth highlights the power of AI-based trading platforms and the growing popularity of tokens like FARTCOIN. As more people adopt and use the token, its value continues to draw attention. However, FARTCOIN’s rapid rise got another push after being listed on Binance Futures. By offering USD-margined perpetual contracts with 75x leverage, Binance has sparked increased demand for the token, driving market activity around FARTCOIN and other Solana-based assets. FARTCOIN’s Robust Performance FARTCOIN has shown incredible growth over time. It rose by 150% last month and surged by 1,300% over the past quarter. With a current market cap of $888 million, the token remains a strong player in the crypto market. Despite its overall success, FARTCOIN’s price recently fell by 16% in the past 24 hours currently trading around $0.89 . Although some analysts believe FARTCOIN’s growth will continue, especially with support from platforms like Truth Terminal. CoinOtag
Tether Invests $775M in Rumble to Champion Free Speech
Tether, the company behind the world’s largest stablecoin by market capitalization, has recently invested $775 million in Rumble, a video-sharing platform that positions itself as a censorship-free alternative to YouTube. The collaboration between Tether and Rumble marks a strong stance in favor of free speech and financial freedom, according to statements from both companies. In a December 20 post on X, Tether CEO Paolo Ardoino expressed the company’s commitment to supporting technologies and businesses that promote resilience and independence. “Tether deeply believes in the fundamental values of freedom of speech and financial freedom,” Ardoino emphasized, framing the investment as a strategic step toward empowering individuals. Ambitions to Challenge YouTube Rumble CEO Chris Pavlovski welcomed the investment, underscoring his determination to disrupt YouTube’s dominance. In a statement on social media, Pavlovski said, “YouTube, lookout. I’m coming for your monopolistic market share globally.” The partnership aims to integrate advertising, cloud services, and crypto payment solutions, strengthening Rumble’s position as a competitive platform. The announcement immediately impacted Rumble’s stock price, with shares (RUM) soaring by 51.60% in after-hours trading, hitting $10.90, according to Google Finance. This surge reflects market confidence in the alliance between Tether and Rumble, as well as growing interest in platforms that prioritize free expression . Bitcoin on Rumble Balance Sheet In addition to its partnership with Tether, Rumble recently decided to add Bitcoin to its corporate balance sheet. The decision follows a social media poll conducted by Pavlovski in November, where 93.9% of 43,790 respondents voted in favor of the move. Rumble’s board of directors approved a strategy to allocate up to $20 million from its excess cash reserves toward Bitcoin acquisitions. This step aligns with the platform’s focus on financial innovation and decentralization, positioning it as a forward-thinking player in the tech and crypto sectors. Tether’s investment and Rumble’s bold financial strategies signal a growing alignment between decentralized technologies and platforms advocating for free speech. The post Tether Invests $775M in Rumble to Champion Free Speech appeared first on TheCoinrise.com . CoinOtag