NEW: Rumble CEO Confirms Bitcoin and Stablecoin Wallet via Tether Partnership in Q3

Rumble CEO Chris Pavlovski has announced that the company will roll out its non-custodial Bitcoin and stablecoin wallet in Q3 2025. This new product called the Rumble Wallet aims to rival Coinbase Wallet and is being developed in partnership with Tether. Pavlovski said the wallet will help creators monetize more effectively especially in global markets and hinted it may support Tether Gold.

The platform known for supporting free speech and independent creators is doubling down on crypto. Tether invested $775 million in Rumble in late 2024 and the company began acquiring Bitcoin in March. Rumble now holds 210 BTC worth nearly $22 million signaling a strong commitment to digital assets and decentralization.

Rumble reported better than expected Q1 2025 earnings with revenue up 34% year over year to $23.7 million. Monthly active users stood at 59 million and its stock rose 2.37% in after-hours trading. The wallet launch comes as mobile crypto wallet usage hits record highs.

LATEST: Metaplanet Issues Bonds Worth $21.25 Million to Buy More Bitcoin

Japanese investment firm Metaplanet is pushing deeper into Bitcoin with a fresh $21.25 million bond issue aimed entirely at buying more of the cryptocurrency. The firm announced on May 9 that all proceeds from its latest “0% Ordinary Bonds” will go directly into expanding its Bitcoin holdings

Zero-coupon bonds like these offer no interest and are usually sold at a discount with full value paid at maturity. The move follows a massive Bitcoin purchase earlier this week where Metaplanet bought 555 BTC for $53.4 million. The company now holds 5,555 BTC worth over $480 million making it the largest public Bitcoin holder in Asia and the 11th largest globally

Metaplanet’s bold crypto strategy has boosted its stock 1600 percent over the past year. The firm is also expanding into the US with a Florida-based subsidiary aiming to raise $250 million for more Bitcoin buys. Investors see this as a strong vote of confidence in the future of crypto

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LATEST: Fast Food Chain Steak ’n Shake Accepts Bitcoin Payments Beginning May 16

American fast food chain Steak ‘n Shake will begin accepting Bitcoin at all locations starting May 16 marking a major leap in crypto adoption across the restaurant industry. The company made the announcement on X on May 9 to over 100 million customers and signed off as Steaktoshi showing strong support for the digital currency.

The move follows weeks of teasing by the brand through Bitcoin-themed marketing campaigns and promotions featuring Tesla giveaways. Crypto advocates like Jack Dorsey quickly backed the idea when the chain first hinted at it in March asking fans whether it should accept Bitcoin.

This shift puts Steak ‘n Shake alongside crypto-friendly brands like Chipotle Subway and Burger King. Few fast food chains have committed to full-scale cryptocurrency payments making this a bold and exciting move. As more brands enter the crypto space Steak ‘n Shake now stands out as a pioneer in making digital payments a reality for millions of fast food lovers.

9 Of The Best Bitcoin Consultants For Secure Self-Custody In 2025

Bitcoin can be intimidating to navigate—whether you’re just starting out, managing significant personal holdings, a high net worth individual or representing a company exploring balance sheet allocation. Its self-sovereign nature is in complete contrast with the modern world, placing full responsibility for asset protection on the individual(s). This makes operational security essential. From configuring secure wallets and eliminating single points of failure to planning for inheritance, professional consultants offer tailored support for a wide range of needs.

In a space grounded in the principle of “don’t trust, verify,” that same skepticism should extend to advisory…

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MARA Reports $214M In Q1 Revenue, Grows Bitcoin Holdings To 47,531 BTC

MARA Holdings, Inc. (NASDAQ: MARA) has reported first quarter 2025 earnings, announcing $213.9 million in revenue—a 30% increase from Q1 2024—as the company continues its transformation into a digital energy and infrastructure powerhouse.

“Revenues increased 30% to $213.9 million in Q1 2025 from $165.2 million in Q1 2024,” the company shared in its shareholder letter. MARA’s bitcoin holdings surged by 174% year-over-year, rising from 17,320 BTC to 47,531 BTC, now valued around $3.9 billion as of March 31, 2025.

Despite the revenue boost, MARA posted a net loss of $533.4 million, primarily due to a $510.2 million loss in the fair value of bitcoin as it ended the quarter at…

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Thursday Mailbag: Sentiment, stablecoins and resistance money

This is a segment from the Blockworks Daily newsletter. To read full editions, subscribe.

“Bitcoin offers something unique: unstoppable, uncensorable, permissionless money.”

— Win Ko Ko Aung

Q: Should sentiment in crypto be better?

I think it should — crypto market cap is back above $3 trillion, bitcoin has become part of the zeitgeist, stablecoins are booming, the institutions are here, regulators are sympathetic, memecoins are out, utility is in.  

But I can also see why it isn’t.

Among other things (many listed here), it feels like the wealth that crypto is currently generating is unrelated to the value that it hopes to deliver.

Case in point:…

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CleanSpark Reports $181.7M In Q2 Revenue, Stays On Course To Hit 50 EH/s Bitcoin Mining Target

CleanSpark, American Bitcoin mining company, announced its financial results for the second quarter of fiscal year 2025, reporting $181.7 million in revenue for the three months ended March 31. This marks a 62.5% increase from $111.8 million in the same quarter last year.

Despite the revenue growth, the company reported a net loss of $138.8 million, or $0.49 per basic share, compared to net income of $126.7 million, or $0.59 per basic share, during the prior-year period. Adjusted EBITDA also declined to negative $57.8 million from $181.8 million a year ago.

As of March 31, 2025, CleanSpark held $97.0 million in cash and $979.6 million in bitcoin. Total current assets stood at…

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‘Nasdaq on Solana’ vision sees progress with Opening Bell launch

This is a segment from the Lightspeed newsletter. To read full editions, subscribe.

Superstate, the tokenization startup co-founded by DeFi OG Robert Leshner, announced a new stock tokenization product on Solana and Ethereum this morning.

Named “Opening Bell,” the platform allows companies to natively issue shares onchain — a notable innovation for tokenized public equities. The Solana-focused holding company Sol Strategies became the platform’s first participant.

Many in Solana were quick to celebrate the news, because in its early days, Solana co-founder Anatoly Yakovenko would sometimes liken the network to Nasdaq on the blockchain. Today, Yakovenko penned a rare…

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OCC Gives Banks The Green Light To Offer Bitcoin And Crypto Custody And Trading Services

The Office of the Comptroller of the Currency (OCC) has issued new guidance confirming that national banks and federal savings associations can engage in crypto-asset custody and trading services. This clarification comes in Interpretive Letter 1184, which outlines that banks may buy and sell digital assets held in custody at their customers’ direction and may also outsource crypto-related activities, such as custody and execution services, to third parties. However, banks must ensure they implement proper third-party risk management practices.

This decision is important as the OCC’s guidance enables banks to participate more actively in the rapidly growing cryptocurrency market,…

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