In this ongoing market recovery, Aptos (APT) is poised for a significant 45% upside rally in the coming days, potentially due to its recent breakout and support from three exchanges.
The funding will be used to accelerate product development and support the advancement of Aptos' Layer-1 blockchain infrastructure.
Cryptocurrencies are registering an uptick as the market reacts to the Federal Reserve's interest rate cut on September 18. After topping $61.2k on Tuesday, BTC slipped back under $60k as market jitters resumed. However, with the Fed's 50 basis point interest rate decision, Bitcoin is back above $61k.
At present, Aptos is trading between the support range of $5.5 and $5.7. This range has been tested multiple times by bearish forces, making it a focal point for traders.
Aptos (APT) price, a layer 1 cryptocurrency, is currently exhibiting an upward trajectory in its market trends. The APT price movement has entered a bullish phase, showing a noticeable recovery recently.
TL;DR Stacks Launches sBTC on Aptos Network: The integration of sBTC, a 1:1 Bitcoin-backed asset, will enable its use on the Aptos blockchain. Benefits for developers: Aptos will allow developers to use the Move programming language to build decentralized applications with Bitcoin.
Aptos Foundation has announced that Stacks, the Bitcoin Layer 2 protocol, will integrate Bitcoin into the Aptos ecosystem.
The integration of sBTC into Aptos could significantly expand Bitcoin's utility, enabling its use in diverse decentralized applications and smart contracts. The post Stacks to bring Bitcoin to Aptos network through sBTC integration appeared first on Crypto Briefing.
The integration "instantly makes Bitcoin highly capable beyond a store of value," said an Aptos exec.
The integration "instantly makes Bitcoin highly capable beyond a store of value," said an Aptos exec.
The integration allows Aptos developers to incorporate Stacks' sBTC into dApps and other real-world applications.
This week is critical for crypto, with the first rate cut since 2020 scheduled for Wednesday. According to crypto analyst Miles Deutscher, several altcoins are primed for explosive growth, depending on how the market reacts. Analyst has shared his top five tokens to watch closely, focusing on technical setups and fundamental factors.
APT's recent consolidation reaffirmed a rather weak trend on its chart, here's how you can capitalize on its recent price movements.
SUI shows bullish potential with price momentum and growing ecosystem.
The MiCA Crypto Alliance launched today with key blockchain players Ripple, Hedera, and Aptos Foundation joining as founding members.
DLT Science Foundation (DSF), a non-profit organization formed in 2023, has launched the MiCA Crypto Alliance in partnership with Ripple, Aptos Foundation, and Hedera. The initiative seeks to enable crypto entities to comply with the European Union's Markets in Crypto Assets (MiCA) regulation.
The DLT Science Foundation (DSF) announced the launch of the MiCA Crypto Alliance on Sept. 16, with Hedera, Ripple, and the Aptos Foundation as founding members, according to a statement shared with CryptoSlate.
BitMEX founder Arthur Hayes reportedly says that layer-1 blockchain Aptos (APT) is capable of solving many problems for the traditional finance (TradFi) world.
CARV, a leading name in modular data solutions for gaming and AI, has announced an exciting partnership with LayerZero, a technology firm specializing in cross-chain data mobility.
Aptos (APT) flashes recovery signs after swaying within a plunging trendline over the past four months (since May). Bullish on-chain data and technical analysis point to a possible 72.41% increase from current prices, taking the altcoin's price to $10. The bullish trajectory emerges as APT displayed resilience over the past 30 days, losing 1.
Aptos shows potential for higher prices with strong adoption and scalability.
Aptos clocked in a 5.4 million active monthly addresses, a figure that would make even some of the more established chains blush.
The altcoin market has been a focal point of attention, especially with growing signs of a turning point after a long period of sideways movement. After nearly 197 days of consolidation, market analysts are now predicting that the next week could be pivotal, not just for Bitcoin but particularly for altcoins.
TL;DR WBTC Native Expansion: BitGo Launches Wrapped Bitcoin on Avalanche and BNB Chain Using LayerZero's Omnichain Fungible Token Standard. Decentralized Verifier Network: WBTC will feature a 1-of-2-of-3 setup, with BitGo as the primary verifier and LayerZero Labs and Polyhedra as optional verifiers.
Aptos' token unlock highlights its market resilience and underscores the importance of transparent communication in maintaining investor confidence. The post Aptos navigates token unlock amid layer-1 ecosystem growth appeared first on Crypto Briefing.
Aptos (APT) prepares for a significant token unlock event on September 11, the cryptocurrency community is on edge. This upcoming release will see 11.31 million APT tokens—equivalent to 2.32% of the total circulating supply—enter the market.
LayerZero has been selected as the interoperability provider for BitGo's Wrapped Bitcoin (WBTC) to enhance its cross-chain capabilities. LayerZero's choice highlights the chain's growing influence in the blockchain space and it has caused its native token, ZRO, to rebound from a crucial support level in its price chart.
BitGo has selected LayerZero as the digital asset custody provider's official interoperability provider for the Wrapped Bitcoin token. On Sept.
With LayerZero as its official interoperability provider, BitGo is expanding its tokenized wrapped bitcoin (WBTC) product to BNB Chain and Avalanche.
The APT rally may face delays as the market trends downward amid persistent bearish sentiment.
LayerZero's CEO commented on the inclusion of a “big Sybil hunt” to block bots and reward real users. The main reason for Sybil filtering was due to fake accounts trying to claim airdropped tokens.
When ZRO first hit the market almost three months ago, it had a price tag of $4.4. Currently, it has recorded only a 23% price dip from launch.
LayerZero's native ZRO token has vastly outperformed the tokens of other projects including ZKsync and Starknet, which were airdropped around the same time.
TL;DR Brevan Howard, BlackRock and Hamilton Lane funds are now available on the Aptos blockchain. They include the Brevan Howard Master Fund, Hamilton Lane's SCOPE fund and BlackRock's ICS Money Market Fund. Tokenization facilitates access to large assets and the tokenization market is projected to reach up to $5 trillion by 2030.
After Solana and Near, Libre protocol is deploying its pool of tokenized funds on the Aptos blockchain.
Story Highlights The live price of the Aptos token is APT price could reach a maximum of $12.25by the end of 2024. With a potential surge, the Aptos price might go as high as $60.13 by 2030.
Different situations but with something in common. Crypto markets still in general suffering.
Although the market is attempting to rebound from its weak September start, some altcoins – including Aptos (APT) – continue to freefall despite the bulls' attempts to make a return. According to CoinGecko, APT's current performance is lackluster with the token falling 15% since last week.
Aptos fell 5.1% while Polygon dropped 4.1% as the Coindesk 20 trends downward.
One of the standout features of Raptr is its ability to perform well under true decentralization.
Over the past several months, Aptos has been oscillating within a regression channel pattern on a daily timeframe. This pattern, characterized by downward diagonal movement between defined support and resistance levels, typically signals a potential for upward price movement once the upper boundary is breached.
After months of oscillating within a regression channel on a daily time frame, APT is now trapped in a similar pattern.
TL;DR The LayerZero Foundation has launched a community program with 5 million ZRO tokens allocated to encourage participation and engagement within its ecosystem. The program offers roles as community member, builder, and content creator, with initial rewards of 25,000 ZRO tokens for those who joined before June.
LayerZero Foundation launched the LayerZero community program with three roles, offering up to 5 million ZRO tokens as rewards.
LayerZero (ZRO) is under renewed selling pressure, with its price sliding toward $3.19 after being rejected at a key trendline. The sharp downturn has shifted market sentiment to a more bearish outlook, sparking concerns about deeper declines.
Aptos' recent price movement offered traders a potential breakout opportunity.