Rumble, Inc (NASDAQ: RUM) was trading slightly higher on Monday, consolidating above the 200-day simple moving average (SMA), which the stock regained as support on Thursday.
In a surprising twist in the cryptocurrency industry, Binance founder Changpeng Zhao has reportedly unfollowed Tesla CEO Elon Musk on Twitter amid Musk's ongoing fascination with cryptocurrencies and the cryptocurrency exchange's recent substantial investment in the microblogging website.
The past weekend turned out to be election-heavy, with Turkey and Thailand going to the polls on Sunday. The debt crisis impasse also triggered a lot of chatter on broadcast and social media channels.
On Friday, Elon Musk officially announced Linda Yaccarino as the new CEO of Twitter. Yaccarino will join the social media giant in approximately six weeks.
News of Elon Musk stepping down as Twitter's CEO sent the price of cryptocurrency Dogecoin (CRYPTO: DOGE) lower. The move, however, might have been an overreaction, since Dogecoin appears to be supported by the social media platform's new CEO.