Author: NBTC
Apollo, an investment firm with over $730 billion in assets under management, is offering investors a new tokenized private credit fund with the help of security token specialist Securitize. Accessed via the Apollo Diversified Credit Securitize Fund (ACRED) feeder fund, the token is the first public on-chain offering for accredited investors of Apollo and also the first integration for Securitize with the Solana blockchain, as well as with Ink, a layer-2 network built by the Kraken crypto exchange. Ethereum, Aptos, Avalanche and Polygon are also initial launchpads for the tokenized fund. Apollo Diversified Credit Fund, which has more than $1.2…
The Trumps launched the TRUMP and MELANIA memecoins on Solana days to the January 20th inauguration. The TRUMP memecoin surged by more than 10,000%, exploding to a market cap of over $15B, hours after it was unveiled at the ‘invites-only’ black tie ‘crypto ball’ in DC on January 18th. Zack Guzman, founder and host at Coinage, said both memecoins were strategically launched so fast before the inauguration to avoid constitutional violations that could have led to what would be Trump’s second historic impeachment. He termed it as a ‘diabolical’ move that only president-elect Trump was totally capable of. The MELANIA…
Bitcoin’s price dropped to $89,280 on Monday, its lowest point since mid-November. This decline comes as many other assets have also struggled in recent weeks. Even with the sharp price drop, Binance co-founder Changpeng Zhao is subtly encouraging crypto users to see this as a chance to buy. CZ’s Message: Today Is Earlier Than Tomorrow In his tweet, Zhao reflects on common regrets voiced by many in the crypto space, such as wishing they had bought Bitcoin during its early days, missing out on dips, or selling too soon. Have you ever thought to yourself, “I wish I had…”bought bitcoins…
Ethereum experienced a sharp decline yesterday as the broader cryptocurrency market tumbled. ETH prices dropped over 9% in just a few hours, shaking investor confidence and raising concerns about a potential deeper correction. The sudden downturn has sparked fear across the U.S. markets, adding to the uncertainty that has gripped the crypto space this Monday morning. Top crypto analyst Carl Runefelt shared a technical analysis on X, shedding light on Ethereum’s precarious position. According to Runefelt, Ethereum might test the $2,800 support level if the market continues its downward trajectory today. This key level could serve as a critical juncture…
Bill Zanker, the 70-year-old who helped launch Donald Trump’s memecoin, has a history of outlandish ventures, from creating a patriotic backrub firm to trying to toss $10,000 from the Empire State Building. Zanker is reportedly listed as an “authorized person” with Fight Fight Fight LLC. The firm, alongside CIC Digital LLC, owns 80% of the TRUMP memecoin that was launched this month. He reportedly encouraged Trump to launch a Trump-themed NFT collection in late 2023 and said it would bring in up to $100 million. Actual sales of the trading cards have only managed to reach $24.5 million. However, the…
Bitcoin recently experienced a significant drop on Monday, falling to a two-month low of $89,000. However, this dip did not constitute a crash, as the cryptocurrency quickly rebounded. Renewed optimism among both small and large Bitcoin investors drove this recovery, signaling resilience in the market. Bitcoin Investors Are Bullish ETF inflows are returning to Bitcoin after a slow start to 2025. Over the past week, inflows into Bitcoin totaled $1.7 billion, surpassing the weekly average of $1.35 billion recorded between October and December 2024. This renewed interest highlights growing confidence in crypto as a viable investment option. As investors move…
World Liberty Financial (WLFI), the investment firm linked to Donald Trump, has purchased an additional 1,622.97 Ethereum (ETH) tokens valued at $5 million. This acquisition brings WLFI’s total Ethereum holdings to nearly 80,000 ETH, worth over $240 million. A Look At Donald Trump’s Crypto Portfolio This move follows significant turbulence in Trump’s cryptocurrency portfolio since the start of his second term as U.S. president. Over the past week, his crypto wealth has experienced a sharp decline of more than 60%. The official Trump memecoin, launched on January 17, has seen its value plummet by over 64% from its all-time high…
After reaching a new all-time high (ATH) of over $108,000 in December 2024, Bitcoin (BTC) has declined more than 15%, currently trading in the low $90,000 range. While bulls fear a further drawdown to $85,000, some analysts remain optimistic, suggesting that the premier cryptocurrency could rebound and potentially top out in the summer of 2025. Bitcoin To Top In Summer 2025? According to crypto analyst Dave The Wave, BTC may peak in the summer of 2025, around the middle of the year. The analyst highlighted that Bitcoin’s price trajectory is likely to continue appreciating, as indicated by the 52-week simple…
On January 28th, Monday, the Ethereum price plunged 5% to currently trade at $3,057 level. The surge in selling pressure can be attributed to a broader market downturn as Chinese AI advancement “DeepSeek” created concern for global tech companies and AI models. Will ETH lose $3k floor again? Key Highlights: A significant offloading of ETH from institutions and Ethereum foundation-linked wallet hints at prolonged correction ahead A narrow range between 20 and 200 days could signal the initial change in the market post-breakout. The Ethereum price could meet the significant surge in demand pressure at $2,700, coinciding with the long-coming…
Prominent blockchain tracking service Whale Alert, which monitors large cryptocurrency transfers and shares the details on its website and the official X account, has spotted a tremendous amount of XRP landing on the world’s leading exchange Binance. Meanwhile, the third largest cryptocurrency by market capitalization, XRP, has experienced an impressive surge that exceeded 12%. 40,000,000 XRP shoveled to Binance The aforementioned data aggregator shows that less than four hours ago, Binance witnessed an enormous deposit totalling 40,000,000 XRP, valued at an amazing $124,788,255. The transaction was initiated by an unknown blockchain address. The cryptocurrency community reacted, leaving numerous comments under…