Search results for "APOLLO"
00:25

PLUME (Plume) has fallen 6.08% in the last 24 hours.

Gate News Bot news, August 19, according to CoinMarketCap market data, as of the time of this report, PLUME (Plume) is currently priced at $0.09, having fallen 6.08% in the last 24 hours, with a peak of $0.11 and a low of $0.09. The current market capitalization is approximately $241 million, a decrease of $15.5827 million compared to yesterday. Plume is a public blockchain platform focused on the on-chain and scalability of real-world assets (RWA). It is dedicated to transforming assets into globally accessible financial instruments with true crypto-native utility. The Plume ecosystem includes over 200 partners, with a pipeline asset value of $5 billion. Its technical products include Plume Chain, Arc, pUSD, pETH, Nest, and more. Plume is supported by Apollo, B
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PLUME0.25%
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06:21

BlackRock Bitcoin Spot ETF IBIT holds over 700,000 BTC

BlockBeats news, on July 8, according to Cointelegraph, BlackRock's Bitcoin Spot ETF IBIT holds over 700,000 BTC, valued at approximately $75.5 billion. According to Apollo co-founder Thomas Fahrer, BlackRock's Bitcoin Spot ETF IBIT holds 700,307 BTC.
BTC1.39%
19:03

Kamino Finance will launch the first on-chain lending private sale credit fund token ACRED on Solana.

According to Gate News bot, CoinDesk reported that Kamino Finance has partnered with Steakhouse Financial to prepare for the tokenization of the private credit fund managed by Apollo Global into ACRED, with the technical support of Securitize, and to introduce it into the Solana DeFi ecosystem. The token product will be launched after the audit is completed. ACRED, as the first asset to adopt the Securitize sToken standard, allows users to engage in lending and leverage operations on the Solana blockchain.
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KMNO2.65%
SOL1.29%
07:32

Institutions: Stagflation shock puts The Federal Reserve (FED) in a dual mission dilemma.

On May 9, Torsten Slok, partner and chief economist of Apollo Global Management, said that the new tariff policy has put the Federal Reserve in an "extremely difficult situation", and inflation and unemployment are expected to rise simultaneously. Normally, rising inflation should be accompanied by a fall in unemployment, but we are currently experiencing a stagflationary shock, with the trade war battering the US economy with a double whammy of rising commodity prices and weak sales. Slok warned that current trade policy could expose the U.S. to an "active trade reset recession," and that the U.S. economy would need to adjust so much that it would inevitably trigger a recession.
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12:21

Securitize and Gauntlet plan to launch a leveraged DeFi yield strategy based on the tokenization version of the Apollo credit fund.

Odaily Securitize and Gauntlet are launching a leveraged DeFi yield strategy based on a tokenized version of the Apollo Credit Fund, which uses a DeFi-native technique called cycling to boost yields and demonstrate how tokenized assets are increasingly being used in crypto-native applications. It is reported that the Hong Kong leveraged RWA strategy will initially be launched on Polygon, with plans to expand to the Ethereum mainnet and other blockchains after the pilot phase. (CoinDesk)
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DEFI7.93%
RWA-0.12%
ETH3.34%
12:50

Jin10 Selected Comments: Tariffs may still push U.S. inflation up by 1 percentage point.

The chief economist of Apollo, Torsten Slok, stated that the lower-than-expected inflation data and strong unemployment report are good news for The Federal Reserve (FED), as there has not yet been any "unexpected rise in inflation." "But obviously, we are still preparing to impose tariffs, and the remaining tariffs could potentially increase the inflation rate by up to one percentage point within the next 12 months."
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13:46

Asset management institution Apollo has made a strategic investment in the RWA platform Plume, with a scale reaching the millions.

Asset manager Apollo has made a significant strategic investment in RWA platform Plume in the amount of about seven figures. The investment comes on the heels of a Series A funding round announced by Plume last year, with the Plume mainnet scheduled to launch in the quarter. The investment also marks Apollo's first investment in a specific RWA chain, and they have been working with the Plume team to develop the ACRED service.
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RWA-0.12%
PLUME0.25%
TEDDY-10.33%
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14:30

Economists: Globalization is losing favor Inflation and the Intrerest Rate may remain high for a long time

On February 26, Jinshi Data News, Apollo Global Management economist Torsten Slok pointed out that the financial markets may remain in a state of high inflation and high Intrerest Rate for a long time. Globalization, which has kept prices soft for decades, is losing favor with global policymakers. The global economy is becoming increasingly differentiated. The increasingly differentiated global economy is bringing structural rise pressures to commodity markets and labor markets, which will keep Intrerest Rate at structurally high levels for a longer period of time.
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14:30

The three major U.S. stock indexes have divergent trends, with Nvidia falling more than 2%.

On December 9, Golden Ten Data reported that the Dow Jones opened with a rise of 0.05%, the S&P 500 fell by 0.13%, and the Nasdaq fell by 0.2%. NVIDIA (NVDA.O) fell more than 2% due to suspected violation of anti-monopoly laws and is under investigation. Apollo Global Management (APO.N) rose more than 6%, and Workday (WDAY.O) rose more than 9% after being included in the S&P 500 index.
01:10

Apollo Global Management is increasing recruitment in the Asia-Pacific region to acquire assets from wealthy clients.

Apollo Global Management plans to double the number of employees in the private wealth division in the Asia-Pacific region over the next two to three years, and will strengthen recruitment in Japan, South Korea, and Australia, while establishing teams in Singapore and Hong Kong. The company believes that about 50% of the $150 trillion global personal investment market comes from family offices and 2% comes from high-net-worth individuals. Since establishing private wealth in Asia in 2022, the company has raised nearly $5 billion from wealthy investors in Asia.
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14:44

Apollo: Strong economy may keep the Fed from cutting rates in November

The Federal Reserve may keep the Interest Rate unchanged instead of cutting it, as data shows that the US economy remains relatively strong, with GDP expected to be 3.4% in the third quarter. The economy has benefited from various factors, including a dovish Federal Reserve, the end of election uncertainty, and easing geopolitical risks. Taking these factors into account, it is expected that the Federal Reserve is more likely to keep the Interest Rate unchanged in November.
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13:14

Institution: The 10-year US Treasury bond seems to be depegged from the Fed's expectations.

On July 9, Torsten Slok, chief economist at Apollo, said in a report that recently, factors other than the Federal Reserve's expectations seem to be driving the 10-year Treasury yield. Whenever investors have any reason to believe that the Intrerest Rate will remain high for longer, they dump bonds, pushing yields higher. Srock said the 10-year Treasury yield has been "fluctuation one-to-one with Fed expectations," but there has been a gap in recent days. This change suggests that "other factors, which may include the fiscal outlook, are starting to play a role in the long-term Intrerest Rate." ”
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00:39
William Anders, the American astronaut who once carried out the Apollo 8 mission, died in a plane crash on the San Juan Islands in Washington state. It is reported that the crashed plane was an old T-34 aircraft.
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13:24
Although some Federal Reserve officials have tried to maintain the possibility of another interest rate hike, the main message from the Federal Reserve is that the next step will be a rate cut. However, Apollo analyst Torsten Slok stated in a report that the more dovish the Federal Reserve's tone, the looser the financial conditions will be, making it harder for the Federal Reserve to cut rates. He called it the "Federal Reserve rate cut reflexivity paradox." Slok said that since the Federal Open Market Committee started discussing rate cuts in November last year, the US stock market has rebounded, and the household sector has also received unexpected gains. He said that government spending has also provided "significant impetus" to the economy.
12:27
Odaily Planet Daily News MATR1X Apollo Program officially launched, the Apollo Program is the general term for the first treasure chest opening event and KUKU weapon skin collection series activities in the MATR1X ecosystem, with the treasure chest opening event being the most important. In the Apollo program, the first batch of top-notch commemorative weapons NFT will be produced in the MATR1X ecosystem through the method of opening treasure chests. At the same time, 50 million MAX will be generated from the Apollo program, which is the best way to obtain MAX in the early stage. The event has two types of treasure chests, namely KUKU souvenir treasure chest and Vanguard souvenir treasure chest. Each time you open a Vanguard souvenir treasure chest, you will consume 1 FIRE and get 1 MAX and a Vanguard series weapon NFT. There is a 10% chance that the Vanguard chest will contain a commemorative weapon, which comes with 4 imprints. Different combinations of imprints will result in additional rewards of varying amounts of MAX. For each opened KUKU commemorative treasure chest, 40 FIRE + 2 USDT will be consumed to obtain MAX and KUKU series weapon NFTs. The quantity of MAX is determined by the quality of the weapon NFTs obtained, with a minimum of 40 MAX. Collecting the weapon NFTs opened from the KUKU treasure chest can obtain Asset Score points, and MATR1X will regularly airdrop MAX based on the Asset Score.
FIRE19.86%
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04:59
Golden Ten Data reported on May 15 that Chen Zhuo, general manager of Baidu's autonomous driving business department, said at Baidu's "Apollo Day 2024" open day that the radish run is very close to the critical point of break-even, and the goal is that by the end of 2024, the carrot run will achieve break-even in Wuhan and fully enter the profit period in 2025.
04:31
Odaily Planet Daily News According to official sources, MATR1X is about to launch the Apollo program. The Apollo program is a series of activities in the MATR1X ecosystem, including the first treasure chest opening event, $MAX airdrop event, top skin collection, and other activities. The most important one is the treasure chest opening event. In the Apollo program, the first batch of top-notch commemorative weapon NFTs in the MATR1X ecosystem will be generated through opening treasure chests. At the same time, there will be 50 million MAX generated from the Apollo program, which is the best way to obtain MAX in the early stage. There are two types of treasure chests in the event, namely KUKU commemorative treasure chest and Pioneer commemorative treasure chest. For each opened Pioneer Commemorative Box, consume 1 FIRE to obtain 1 MAX and a Pioneer Commemorative Weapon NFT. The Pioneer Box has a 10% chance to open a commemorative skin, which comes with 4 stamps. Different combinations of stamps will reward additional quantities of MAX. For each opened KUKU Commemorative Box, consume 40 FIRE + 2 USDT to obtain a KUKU Commemorative Weapon NFT and MAX. The quantity of MAX is determined by the quality of the weapon NFT opened, with a minimum of 40 MAX. Additionally, collecting the weapon NFTs opened from KUKU boxes will earn you Asset Score points. MATR1X will periodically airdrop MAX based on the Asset Score.
FIRE19.86%
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03:37
coin Jiejie.com: coin Jie.com reported that Eigenlayer's announcement of a Airdrop Token caused outrage by users due to non-transferable Token and strict geographical restrictions, with users believing that the amount allocated is extremely small. Despite the expected increase in stake Ethereum of more than $15.7 billion, participants criticized the linear distribution model as skewed towards large players, and strict geographical restrictions excluded users from 30 countries, including the United States, Canada, China, and Russia. However, some industry insiders, such as Apollo Capital's Henrik Andersson, argue that this rebound is unjustified, praising Eigenlayer's 15% total user distribution ratio as generous, and its distribution model is fair and efficient to defend against counterfeit coin attacks.
ETH3.34%
04:07
On April 19, Wang Yunpeng, vice president of Baidu Group and president of the intelligent driving business group, issued a letter to all employees on the seventh anniversary of Baidu Apollo. Wang Yunpeng said in the letter that Baidu's self-driving cars have been tested and operated on urban roads for more than 100 million kilometers, and the daily order volume of Radish Express in Wuhan has exceeded 1% of Wuhan's city-wide online car-hailing market. Wang Yunpeng said that next, Radish Express should achieve positive gross profit and run through the business model. After 100 million kilometers of testing and operation mileage, it is necessary to achieve 100 million revenue and 100 million profits.
05:56

Chief Economist of Apollo Group: The Fed may not cut interest rates this year

On March 4, if gold prices want to continue to rebound above $2,100, the Federal Reserve needs to cut interest rates. But Long reasonable reasons suggest that a rate cut may not happen. Torsten Slok, chief economist at Apollo Group in New York, believes that the Fed will not cut interest rates this year. The reasons are as follows: the U.S. economy is not slowing down, but re-accelerating; the underlying measure of trend inflation is rising; super-core inflation is rising; the labor market remains tight, initial jobless claims are low, and wage inflation remains between 4% and 5%; small businesses say they plan to raise selling prices and workers' wages; manufacturing and services ISM surveys show that prices paid are rising; asking rents are rising again, as are house prices; and the Fed's policy pivot in December led to an easing of financial conditions.
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05:07

Chief Economist of Private Equity Apollo: The Fed will not cut interest rates in 2024

Torsten Slok, chief economist at alternative investment giant Apollo Management, believes that factors such as the further acceleration of the U.S. economy and the rise of underlying inflation will prevent the Fed from cutting Intrerest Rate in 2024. "The bottom line is that the Fed will fight inflation for most of 2024...... As a result, the yield level of fixed income products will remain high. "Expectations of a sharp rise in U.S. economic growth and the easing of financial conditions following the Fed's shift to a more accommodative monetary policy stance in December will prompt the Central Bank to stay on hold this year. Slok also cited a tight labor market and sticky wage inflation, as well as rising manufacturing, services and rental data.
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06:06

Apollo: A dovish Fed could make inflation harder to control

Apollo analyst Stosten Srock said in a note that the Fed's premature dovish pivot could make inflation more resilient. "Since the Fed adjusted policy on December 13, consumer optimism about the economic outlook has increased significantly," he said. Coupled with record government-guaranteed bond issuance and high government-guaranteed bond issuance since December, as well as more Long IPO and M&A activity, it's no surprise that employment and inflation Rebound in January and jobless claims remain low. The dovish pivot has made it more difficult to bring inflation down to the Fed's 2% target, Srock said. That's why the Fed will keep Intrerest Rate high for longer than the market expects.
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13:00
PANews reported on February 22 that Singularity, which focuses on the institutional-grade privacy Decentralized Finance access layer, successfully completed its second round of financing led by Gumi Cryptos Capital in Silicon Valley. These funds will be used to support the development of the protocol, with the aim of facilitating Decentralized Finance Compliance access and ensuring the trade confidentiality of on-chain activities. The funding round underscores the strong confidence of top institutions such as Nomura's Laser Digital and Eureka Partners, as well as previous investors Apollo Crypto, Digital Asset Capital Management and Gandel Invest, in Singularity's future growth. So far, Singularity has raised nearly $4 million in funding.
DEFI7.93%
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14:54
Odaily Oasis Pro, an Apollo-backed Blockchain technology-focused company, has announced the appointment of Alana Ackerson as its president to support its expansion. Alana Ackerson previously worked at HQ, the wealth management division of Digital Currency Group, where her role will help Oasis Pro raise more capital, launch new partnerships, and hire additional employees to grow the company. (Bloomberg)
14:48
PANews reported on January 30 that Oasis Pro, an Apollo-backed company focused on Blockchain technology, has appointed Alana Ackerson as its president to support its expansion. Ackerson, who has co-founded several Blockchain start-ups, plans to grow the company by helping Oasis Pro raise more capital, launch new partnerships, and hire additional employees. Oasis Pro is currently in the process of raising a Series B funding round for an undisclosed amount. Ackerson previously worked at HQ, the wealth management division of Digital Currency Group. Oasis Pro's core business is Token – representing traditional assets, such as bonds, on the Blockchain in the form of digital Tokens.
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02:11
According to Apollo intelligent driving news, recently, Baidu IDG's AI dialogue product cooperated with Geely Automobile was successfully mass-produced on the Galaxy L6 model. This is the first AI in-vehicle dialogue product in the automotive industry based on the capabilities of large language models. According to reports,Since the release of the Wenxin Yiyan large model in March last year,IDG smart cabin team began to explore the direction of cockpit large model product reconstruction,After nearly 10 months of product design and experience polishing,Baidu's on-board AI native application"Xiaodu on-board smart assistant"Successfully completed the 0 to 1 stage,Enter the stage of large-scale commercial landing。
01:43
AI New Intelligence News, on January 19, Apollo Intelligent Driving posted that Baidu IDG's recent AI dialogue product in cooperation with Geely Automobile has been successfully mass-produced on the Galaxy L6 model. This is the first AI in-vehicle dialogue product in the automotive industry based on the capabilities of large language models.
08:04
News on January 16, Decentralized Finance application Apollo plans to reissue APOLLO tokens on January 22, and will launch the APOLLO/wstETH pool, and Terra holders of APOLLO will be able to apply for Airdrop. THE APOLLO POOL WILL BE LAUNCHED WITH A 3% BUY AND SELL TAX TO FUND THE TEAM.
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