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🚀 Tokenized Private-Credit Platform Untangled Opens Its First $USDC Lending Pool on Celo Untangled Finance, a tokenized real-world asset (RWA) platform backed by Fasanara Capital, launched its first private loan pool on the Celo (CELO) network on Thursday with French fintech lender Karmen. The pool, structured in accordance with Luxembourg securitization rules with a debt ceiling of $6 million at launch, allows accredited investors to deposit USDC stablecoin and will provide capital to Karmen, which specializes in providing instant loans and working capital to small and medium-sized digital enterprises in France, according to a press release. The new pool is part of a potentially broader €100 million ($107 million) senior loan deal with Karmen that has not yet been finalized, Untangled reports. Private lending is at the forefront of the asset tokenization trend in the cryptocurrency industry, which brings conventional assets such as bonds, loans, and funds to the blockchain for increased efficiency and transparency, faster settlement, and wider access. "By bringing fintech lending on-chain with an innovative credit assessment models, Untangled showcases the potential of tokenized real-world assets to improve access to funding and risk management for entrepreneurs and businesses worldwide," Isha Varshney, head of ecosystem at network development organization Celo Foundation, said in a statement. Some great news for $USDC supporters. Cryptocurrency exchange WhiteBIT has announced the launch of the Bridged USDC on the Whitechain network. And the best part of this is the free withdrawal of this USDC via the Whitechain network.

🚀 Tokenized Private-Credit Platform Untangled Opens Its First $USDC Lending Pool on Celo

Untangled Finance, a tokenized real-world asset (RWA) platform backed by Fasanara Capital, launched its first private loan pool on the Celo (CELO) network on Thursday with French fintech lender Karmen.

The pool, structured in accordance with Luxembourg securitization rules with a debt ceiling of $6 million at launch, allows accredited investors to deposit USDC stablecoin and will provide capital to Karmen, which specializes in providing instant loans and working capital to small and medium-sized digital enterprises in France, according to a press release.

The new pool is part of a potentially broader €100 million ($107 million) senior loan deal with Karmen that has not yet been finalized, Untangled reports.

Private lending is at the forefront of the asset tokenization trend in the cryptocurrency industry, which brings conventional assets such as bonds, loans, and funds to the blockchain for increased efficiency and transparency, faster settlement, and wider access.


"By bringing fintech lending on-chain with an innovative credit assessment models, Untangled showcases the potential of tokenized real-world assets to improve access to funding and risk management for entrepreneurs and businesses worldwide," Isha Varshney, head of ecosystem at network development organization Celo Foundation, said in a statement.

Some great news for $USDC supporters. Cryptocurrency exchange WhiteBIT has announced the launch of the Bridged USDC on the Whitechain network. And the best part of this is the free withdrawal of this USDC via the Whitechain network.

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👀 $BTC on the brink: Could we see a soar to $79K soon? - AMBCrypto Analytics Renowned crypto analyst Ali Martinez brings a fresh perspective to Bitcoin’s future with his latest technical analysis. Utilizing the MVRV Extreme Deviation Pricing band chart, Martinez points out that BTC is near the +0.5 Standard Deviation (σ) pricing band at $66,800.  This positioning suggests a potential rise to the 1.0σ pricing band, which could see Bitcoin escalating to around $79,600. His analysis hinges on Bitcoin’s ability to maintain its current level, setting the stage for a possible significant increase. Echoing Martinez’s optimistic outlook, another prominent figure in the crypto trading community, MMCrypto, has taken to X to voice his predictions. He posits that BTC could either climb to $74,000 or drop to $62,200, dependent on market movements in the coming days.  His predictions are accompanied by a chart illustrating a pivotal triangle pattern. According to MMCrypto, this pattern is due to resolve within 48 hours, suggesting imminent significant price movement. Technical analysis of BTC’s daily chart reveals that the asset has recently encountered a major supply zone after breaking downward structures. This encounter at a critical resistance level may dictate Bitcoin’s short-term price trajectory. If Bitcoin can breach the $72,000 mark, surpassing the previous lower high, it could invalidate bearish forecasts and signal a strong bullish trend.
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đŸ’„ $PEPE Price Slips Amid Whale Dump - CoinGape Analytics According to a recent report by the on-chain transaction tracking platform SpotOnChain, a Pepe Coin whale has deposited a staggering 366 billion PEPE, worth $5.31 million, into Binance. Notably, the report suggests that this move could be a sell-off by the large holder, especially as the Pepe Coin has noted significant gains over the past few days. Meanwhile, this transaction allowed the whale to realize an estimated profit of $4.84 million, a remarkable gain of 985%. In addition, the report highlights that this whale used the same deposit address as two other smart traders who recently profited from PEPE. In other words, the recent surge in the meme coin’s price created an opportune moment for several PEPE investors to book profits. However, this influx of large transactions has resulted in a price dip. The market’s reaction to these substantial dumps has been mixed, with some investors expressing concern about the potential for further declines. The significant profits realized by these whales indicate a pattern of strategic trading that could influence the coin’s market dynamics. However, investors are closely monitoring the situation, trying to anticipate the next moves of these large holders. In addition, Pepe Coin’s recent price surge was driven by a combination of factors, including increased market interest in meme coins and speculative trading. However, the influx of large sell orders from whales seems to have tempered this enthusiasm. The market is now in a state of flux, with many traders waiting to see if the price will stabilize or continue to dip. As of writing, the Pepe Coin price was down 6.02% and exchanged hands at $0.00001434, while its trading volume fell 18% to $1.28 billion. However, over the last 30 days, the PEPE price rose about 70%, reflecting the growing confidence of the traders towards the frog-themed meme coin. Meanwhile, the Pepe Coin Open Interest fell 6.83% to $159.02 million, CoinGlass data showed.
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🚀 $SHIB poised for a comeback? - AMBCrypto Analytics CoinMarketCap’s data revealed that the world’s second-largest memecoin’s price surged substantially on the 29th of May, allowing it to touch $0.00002924. But SHIB couldn’t sustain the pump and fell victim to multiple price corrections. AMBCrypto’s analysis of the memecoin’s chart revealed that the recent price drop pushed its value to a critical support level of $0.00002437. If SHIB fails to test the resistance and falls under it, then investors might witness the token drop to $0.000020. On the other hand, a successful test of the support could kickstart a bull rally, which might result in SHIB touching $0.000029 in the coming days.  The technical indicator MACD’s data revealed that the bulls and the bears were in a battle to gain an advantage over each other. But the rest of the indicators suggested that the bulls might turn out to be victorious. For example, the Chaikin Money Flow (CMF) registered an uptick, and the Relative Strength Index (RSI) also followed a similar trend, hinting at a successful test of the support. 
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đŸ’” Weekly Analysis of $SOL , $MATIC , $WIF - GNCrypto Analytics On a local scale, Solana’s market movement has been relatively flat, suggesting that a global timeframe analysis might be more revealing. The asset has been trading within a narrow range, confined by support at $153–$161 and resistance at $174–$186. A breakout from this range will dictate Solana's next market trend. If the buyers gain the upper hand, the coin could move towards the next resistance level at $204.7, potentially setting sights on reaching a new all-time high at $260. Conversely, in a bearish scenario, SOL might revisit the support level at $140, where it is likely that buyers would continue to accumulate long positions. MATIC continues to trade within a broad range between the support zone of $0.62–$0.67 and the resistance zone of $0.74–$0.77. Neither buyers nor sellers are currently showing significant activity, which has resulted in low volatility. If MATIC can break through the current resistance, the next significant seller orders could emerge within the $0.83–$0.88 zone. Such movement could be triggered either by overall positive sentiment in the market or specific positive developments from Polygon.  Should a deeper correction occur, the coin might revisit the local low of $0.588. The market maker for the meme coin WIF is exhibiting strong performance. The asset maintains a clear upward trend without significant pullbacks.  Presently, the coin is near the support range of $2.84–$3.16. A successful defense of this zone would confirm the ongoing uptrend, with future targets set at $3.74–$4.07, $4.34, and $4.85. Given the current peak in meme coin hype, a market correction appears unlikely at this moment.
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đŸ”„ $NOT Market Cap Surpasses $LDO and $TIA - BeinCrypto Analytics Notcoin’s price nearly doubled in just 48 hours, resulting in the altcoin’s market valuation crossing the $2 billion mark. Close to hitting $2.2 billion in market cap, NOT is not too far away from becoming one of the 50 biggest crypto assets in the world. The recent rally has already resulted in Notcoin outperforming the likes of Lido DAO (LDO), Celestia (TIA), ThorChain (RUNE), Fetch.ai (FET), and many others. Next on the list are Fantom (FTM) and BONK, surpassing which would bring NOT into the top 50 asset list. The recent surge, however, has affected not only the asset but the entire industry. Notcoin is a web3 game on the Toncoin (TON) blockchain, so it inherently falls into the gaming tokens list. Notcoin’s price has already gained almost 100% in the last two days, bringing it up from $0.011 to $0.021 at the time of writing. The altcoin even marked a new all-time high of $0.029 yesterday, making it the first since the asset’s launch on May 16. While NOT may not seem to be on the path of a new all-time high at the time of writing, it could pick up the pace soon. This is because the altcoin is close to entering the top 50 assets, which is a major milestone that may push the price higher. As a result, Notcoin’s price could rise to $0.030 or more. However, NOT holders may see this as an opportunity to cash out and secure their gains. If they do so, Notcoin’s price could take a hit. It could lose the support of $0.020 and fall to lows of $0.015, invalidating the bullish thesis and wiping out recent gains.
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