Analysis: Team Behind $30 Million MELANIA Token Quietly Sells Off

On April 17th, as per Bloomberg which cited sources having knowledge of the matter, billionaire Michael Novogratz's Galaxy Ventures Fund I LP has managed to raise $150 million with the aim of establishing around 30 portfolios. The fund makes investments in early-stage startups, with a particular emphasis on the payment and stablecoin sector. The limited partners of the new fund are mainly family offices and high-net-worth individuals. According to a source that wished to remain anonymous, the fund is anticipated to complete its fundraising by the end of June, and the total amount raised is expected to be between $175 million and $180 million.

On April 17th, according to CoinGecko data, within the past 24 hours, Upbit's trading volume reached 4.07 billion USD. The AERGO/KRW trading pair accounted for 16.67% of the volume and ranked first in the Korean won market. The remaining top 5 are: ARDR, STRAX, XRP, WCT.

On April 17th, as per The Wall Street Journal, the cryptocurrency KOL Tiffany Fong received interactions from Musk on X due to her reporting on the FTX collapse event. As Fong started to release more pro-Trump political content, Musk's interactions with her also increased. Last summer, Musk began to pay attention to her. According to the screenshots shared by Tiffany Fong, during the most active period of interacting with Musk, Fong made $21,000 on the platform within a two-week period in November. According to sources with knowledge of the matter, Musk directly sent a private message to Tiffany Fong asking if she was interested in having a child for him. The two had never met before. Tiffany Fong did not continue to get involved with Musk because she wanted to have a child in a more traditional nuclear family setting. However, she shared her thoughts on this matter with several friends, including St. Clair, who had also had a child for Musk. Fong was worried that rejecting Mu

On April 17th, according to SoSoValue data, the crypto market witnessed a slight pullback. The Layer2 sector took the lead in the decline, with a drop of 3.47%. Within this sector, Celestia (TIA) and Movement (MOVE) decreased by 7.38% and 12.28% respectively in the last 24 hours. The SocialFi sector remained relatively stable and rose by 1.08%. Among them, Toncoin (TON) saw a 1.24% increase. In other sectors, the Layer1 sector rose by 0.78%. Solana (SOL) and Hyperliquid (HYPE) increased by 3.25% and 4.32% respectively. The CeFi sector rose by 0.52%, with LEO Token (LEO) and Bitget token (BGB) rising by 1.29% and 1.60% respectively. The Meme sector rose by 0.25%, with Fartcoin (FARTCOIN) increasing by 3.80%. The PayFi sector rose by 0.52%, with Bitcoin Cash (BCH) and Ultima (ULTIMA) rising by 3.45% and 3.91% respectively. The DeFi sector fell by 0.58%, but Raydium (RAY) saw a 3.08% increase. Furthermore, the crypto sector index reflecting historical trends showed that the ssiSocialFi

On April 17th, according to the monitoring of 4E, Powell's latest speech cautioned that the increase in tariffs far exceeded expectations and might face a dilemma of inflation and economic challenges. This implies that the Federal Reserve will give priority to controlling inflation and reaffirm its wait-and-see stance, denying that it will cut interest rates to rescue the market during a major market downturn. Affected by this hawkish statement, the three major U.S. stock indexes plummeted collectively. The Nasdaq plunged by 3.07%, the S&P 500 dropped by 2.24%, and the Dow fell by 1.73%. The seven major technology giants generally experienced a decline. Nvidia fell by nearly 6.9%, and Tesla dropped by nearly 5%. In the face of the sharp decline in the U.S. stock market, the crypto market showed relative independence. After Powell's speech, Bitcoin briefly plummeted but quickly rebounded above $84,000 and is currently priced at $84,227, with a 0.8% increase in the past 24 hours. Most a

On April 17th, as monitored by Onchain Lens, a whale address sold 16,950 BNB at an average price of $579 13 hours ago. It then exchanged these BNB for $9.82 million worth of USDT and USDC and sent them to Aave V3 for lending.