In that protracted dusk where each day’s news feels less like revelation and more like déjà vu, Rumble, led by the enterprising Chris Pavlovski, has announced—with a kind of staccato bravado typical of the marketplace—a forthcoming Bitcoin and stablecoin wallet, drifting ominously toward Coinbase’s citadel like a stray cloud flashing a pirate flag. 😏🏴☠️
This mythical wallet, painstakingly woven with Tether—the omnipresent issuer of digital coins that sometimes feel like they belong to everybody and nobody—promises to be not just a tool, but, dare we say, a sanctuary. It is imagined for creators who labor beneath foreign skies, whose remuneration might once have crumbled through the sieve of intermediary hands. Instead, a wallet! And not just any wallet, but one to unseat that timeworn prince, Coinbase. One can almost hear the old script: “We’re not in it solely for the glory; we’re in it for the economy of the soul—the creator’s soul.”
“Rumble Wallet, united with Tether, rises as a rival to Coinbase. Our vision? The most formidable non-custodial digital purse, nourishing the global tribe of creators.”
Coming with the inevitability of thunder in Q3, or so prophesies Pavlovski 🏴☠️ (@chrispavlovski), May 8, 2025.
What’s in this wallet? Beyond Bitcoin’s cold star and the mysterious constellations of stablecoins, Pavlovski hints at Tether Gold (XAUT), a digital alloy for content alchemists, offering a more golden sheen than the weathered ad revenue of yesteryear. Details are dribbled out like encrypted poetry—enough to intrigue, not enough to threaten.
Q1 revenue soared to $23.7 million, a sprightly leap of 34%, though beneath the applause lingered a $2.7 million net loss—less of a catastrophe, perhaps, than the previous year’s dramatic $43 million abyss. Everything is relative, especially in finance.
Meanwhile, Rumble’s stock (RUM) tiptoed upward after hours, fluttering at $7.78—though still lurking 40% below last year’s high. The platform now stands at a crossroads, poised between innovation and the precipice. Can new coins and wallets lead to digital salvation, or merely to splendid insolvency, as yet another dot in the constellations above the fintech steppe? Only the next market sunrise will tell. 😅🍾
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2025-05-09 08:44