Crypto Market Sees Modest Rebound, Rumble to Launch Bitcoin Tips

Crypto Market Rebounds, Rumble Bitcoin Tips, Crypto.com Trust Move

The crypto market showed modest strength today, rising by around 0.81% over the past 24 hours and recording a weekly gain of 4.09%. Despite this pivot upward, the market remains about 3.94% below its levels from 30 days ago.

Crypto Market Sees Modest Rebound

A short‑term technical rebound helped lift sentiment, as Bitcoin held above the $110 000 support zone and traded near $111 000. Meanwhile, Ethereum fluctuated near $3 900 amid consolidation. XRP stood out in the alt‑coin space, with gains exceeding 5% in the last day.

The recovery was also helped by institutional flows. The U.S. experienced an inflow into Spot Bitcoin ETFs, which is an indication of increased institutional ownership of crypto assets. Regulatory-wise, news of a potential U.S. strategic reserve in crypto and regulatory in major hubs served to defuse anxiety and improve mood.

Rumble Launches Bitcoin Tips for Content Creators in December

Rumble, a popular video-sharing platform, has announced that it will soon enable Bitcoin tipping for its users. The move was announced by CEO Chris Pavlovski at the Plan B Forum in Lugano, Switzerland, and will be available in December.

The company also intends to make Bitcoin (BTC) tipping available through a collaboration with Tether to enable its over 51 million monthly active users to send and receive Bitcoin as tips on content.

The integration is a continuation of the activities by Rumble to promote the free speech and financial security of content creators. With the help of the decentralized nature of Bitcoin, creators will no longer need to fear being deplatformed or debanked because of the content they create. Tether CEO Paolo Ardoino, who also attended the event, is hopeful of the effect this would have on the wider adoption of Bitcoin.

Crypto.com Pursues US Trust Bank Charter

Crypto.Com is stepping in the right direction in terms of regulation in the United States. The cryptocurrency exchange has also registered a US National Trust Bank Charter, which indicates its desire to offer federally-regulated custody services. 

In one of the latest announcements, the company stated that it was planning to provide the digital asset custody and staking service to institutional customers nationwide under the jurisdiction of the Office of the Comptroller of the Currency (OCC).

The action will enable Crypto.com to operate as a limited-purpose trust bank, in which it manages and protects assets but does not accept deposits or issue loans. This nationwide ambition is a goal that the company is currently attempting in New Hampshire with its current trust license.

Fetch.ai and Ocean Protocol Legal Dispute Heading Toward Resolution

The legal conflict between Fetch.ai and the Ocean Protocol Foundation can come to an end. Fetch.ai CEO Humayun Sheik recently opined that his company will drop all legal claims with the Ocean Protocol in exchange with the recoveries of 286 million Fetch.ai (FET) tokens, which were claimed to have been sold in the course of the merger between the two companies. 

Fetch.ai has already stated its willingness to submit an official proposal on the token repurchase and, it even proposed to bear the legal expenses.

Ocean Protocol has accepted to give back the tokens in case the offer is made written. Nevertheless, Fetch.ai is yet to present an official proposal to the Ocean Protocol Foundation to proceed with the resolution. 

This is a dispute that could have progressed into a full legal battle but now it appears that it is heading to a negotiated settlement. Both sides are hopeful that they will achieve a compromise and never proceed in another legal battle, which would go a long way in bringing some much-needed relief to the topic