liquidation

Apollo's $1.3B Credit Fund Goes DeFi: Leverage or Liquidation?

Apollo's $1.3B Credit Fund Goes DeFi: Leverage or Liquidation?

Apollo Global Management, a major player in the traditional finance world, has made a bold move into decentralized finance (DeFi) with its $1.3 billion tokenized credit fund, ACRED. Through this asset’s distinct tokenized structure, this fund provides a unique opportunity for investors to access private credit. Its mission is to...
Bitcoin Surges Past $100,000, Triggering Massive Short Liquidations

Bitcoin Surges Past $100,000, Triggering Massive Short Liquidations

BTC’s price has now jumped above $100,000 threshold for the first time since 4 February. This most vertical and jaw dropping ascent is being powered by strong bullish momentum. This recent price spike set off a jaw-dropping $800 million in short liquidations, the biggest liquidation spree of this kind since...