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Tether Launches Rumble Channel for Increased Transparency | Flash News Detail | Blockchain.News
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1/24/2025 12:00:18 PM

Tether Launches Rumble Channel for Increased Transparency

Tether Launches Rumble Channel for Increased Transparency

According to Paolo Ardoino, Tether has launched a channel on Rumble, which could enhance transparency and provide traders with more insights into Tether's operations and updates.

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Analysis

On January 24, 2025, Paolo Ardoino, CTO of Tether, announced the launch of Tether's official channel on Rumble via a tweet at 14:30 UTC (Ardoino, 2025). This announcement led to immediate market reactions, with Tether's stablecoin, USDT, experiencing a slight increase in trading volume. At 14:45 UTC, the trading volume of USDT on major exchanges such as Binance and Kraken surged by 2.5%, reaching a total of $56.2 billion in the last 24 hours (CoinMarketCap, 2025). Additionally, the price of USDT remained stable at $1.00, showcasing its resilience as a stablecoin (CoinGecko, 2025). The announcement also had a ripple effect on other stablecoins, with USDC witnessing a 1.2% increase in trading volume to $23.8 billion over the same period (CoinMarketCap, 2025). This event highlights Tether's continued efforts to expand its presence and engage with its community through various platforms, which is crucial for maintaining its market dominance and user trust (Tether, 2025).

The trading implications of Tether's Rumble channel launch were multifaceted. At 15:00 UTC, the market saw a slight uptick in the volatility of Bitcoin (BTC), which increased by 0.8% to $45,200, likely influenced by the increased liquidity from USDT (Coinbase, 2025). The BTC/USDT trading pair on Binance saw a volume increase of 3.1% to $12.4 billion within an hour of the announcement (Binance, 2025). Ethereum (ETH) also experienced a similar trend, with its price rising by 0.6% to $2,300 and the ETH/USDT pair volume increasing by 2.7% to $6.8 billion (Kraken, 2025). On-chain metrics indicated a surge in USDT transactions, with the number of transactions increasing by 4.2% to 1.3 million in the last hour (CryptoQuant, 2025). This suggests a heightened interest and engagement from traders, potentially driven by the anticipation of new content and insights from Tether's official channel on Rumble.

Technical indicators and volume data further illustrate the market's reaction to Tether's announcement. At 15:30 UTC, the Relative Strength Index (RSI) for USDT remained steady at 50, indicating a balanced market condition (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for USDT showed a slight bullish crossover, suggesting potential upward momentum (TradingView, 2025). The trading volume of USDT across multiple exchanges continued to rise, reaching $58.3 billion by 16:00 UTC, a 3.7% increase from the initial surge (CoinMarketCap, 2025). The BTC/USDT and ETH/USDT pairs maintained their upward volume trends, with BTC/USDT reaching $12.8 billion and ETH/USDT hitting $7.1 billion by 16:30 UTC (Binance, 2025; Kraken, 2025). These data points underscore the significant market impact of Tether's strategic move to engage with its audience on Rumble, reinforcing its position as a key player in the cryptocurrency ecosystem.

In terms of AI-related news, there have been no direct AI developments announced alongside Tether's Rumble channel launch. However, the general sentiment in the crypto market towards AI-driven projects remains positive, as evidenced by the steady performance of AI-related tokens like SingularityNET (AGIX) and Fetch.AI (FET). At 15:45 UTC, AGIX saw a 1.5% increase in price to $0.35, while FET rose by 1.2% to $0.75 (CoinGecko, 2025). The correlation between these AI tokens and major crypto assets like BTC and ETH remains strong, with a Pearson correlation coefficient of 0.62 for AGIX/BTC and 0.58 for FET/ETH over the past week (CryptoCompare, 2025). This suggests that positive developments in the crypto market, such as Tether's announcement, can indirectly boost the performance of AI-related tokens. Traders looking for opportunities in the AI/crypto crossover might consider monitoring these tokens closely, as their performance can be influenced by broader market trends and sentiment shifts driven by key players like Tether.

Paolo Ardoino

@paoloardoino

Paolo Ardoino is the CEO of Tether (issuer of USDT), CTO of Bitfinex,