The Apollo Diversified Credit Securitize Fund (ACRED) will offer on-chain investors access to a vehicle with an investment thesis focused on five pillars: Corporate Direct Lending, Asset-Backed Lending, Performing Credit, Dislocated Credit, and Structured Credit.
Wall Street is rewriting the rules, and not everyone’s excited. Plans are reportedly underway to stretch stock market hours to near 24/7 trading, and while that sounds like a good idea for this author and other night owls glued to trading apps,
This article has been updated to correctly attribute the tariff announcement to the Trump administration. U.S. equity indices reversed earlier gains and fell into negative territory during Friday afternoon trading in New York after the White House confirmed that new tariffs on imports from Canada,
FOMO has sent the Wall Street Pepe presale past $65.6 million, bringing a $100 million valuation into view. It might sell out in 10 days.
Either MicroStrategy’s Michael Saylor is a visionary, or he’s a delusional egomaniac,” Forbes observed in 1998, during the company’s first incarnation as a Wall Street highflyer.
Bitcoin’s four-year boom-bust cycle could be shaken up as Wall Street has a clearer path to adopt crypto after Donald Trump’s executive order, says Bitwise’s Matt Hougan.
After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule that forced banks to treat bitcoin and other tokens as a liability on their balance sheets.
The cryptocurrency market is showing signs of recovery as anticipation builds around the Federal Reserve’s upcoming rate decision.
Tesla missed Wall Street’s fourth-quarter earnings estimates despite being helped by a gain in the company’s bitcoin holdings. Shares rose anyway in late trading as nothing really changed in the outlook for self-driving cars and new EV models designed to boost growth.
Alongside record profits, USDT issuer Tether also reported Friday it now holds over $143 billion in reserve assets to back the stablecoin.
Tether has undeniably played a pivotal role in bridging traditional finance with the digital currency world. However, its associations with illicit activities and concerns about transparency may pose systemic risks.
Ethereum used to be seen as the most likely challenger to Bitcoin’s status as the preeminent cryptocurrency, and the one best positioned to make the blockchain a more useful technology.Most Read from BloombergWhat Happened to Hanging Out on the Street?