Aptos (APT), a core native cryptocurrency of the eponymous layer-1 blockchain, demonstrates impressive performance as the market declines. The upsurge of APT might be catalyzed by the decision of asset management giant Franklin Templeton to include the blockchain in one of its products.

Aptos's APT coin has experienced a resurgence in buying activity following Franklin Templeton's announcement of the expansion of its tokenized US Treasuries fund — the Franklin OnChain US Government Money Fund (FOBXX) — on the Layer-1 (L1) blockchain.

Cryptocurrency Prices: Today, the cryptocurrency market fell by 2.12%, reaching a total market capitalization of $2.11 trillion. This fall coincides with escalating geopolitical tensions between Israel, Iran, and Lebanon as well as NATO member states' involvement, which has caused a wider worldwide market collapse that has affected the cryptocurrency industry.

The cryptocurrency markets continued to drop for the second day in a row, with major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), firmly entrenched in the red. BTC slumped to a low of $60,031 before recovering and is currently trading around the $61,300 mark.

TL;DR Aptos Labs Acquires HashPalette: Aptos Labs has expanded into the Asian market by acquiring Japanese NFT service provider HashPalette Inc., aiming to integrate Japanese businesses into its blockchain ecosystem.

XRP (XRP) shed double digits as Bitcoin struggled near $61k, with crypto a sea of red heading into the US trading session. This comes as investors react to geopolitical events in the Middle East and news of US Securities and Exchange Commission (SEC)'s move to appeal a court ruling in the Ripple case.

Layer-1 blockchain Aptos Labs has announced its acquisition of HashPalette, the developer behind Japan's leading blockchain, Palette Chain, in a move to strengthen its foothold in the Japanese cryptocurrency market. The announcement added that all applications on Palette Chain would migrate to the APT platform by early 2025.

Aptos Labs has taken a step towards transforming Japan's Web3 landscape by announcing its acquisition of HashPalette Inc., a key developer of the Palette blockchain. This move marks a significant expansion for Aptos Labs into the Japanese market.

The acquisition provides software developers in Japan with an exciting opportunity to explore Aptos' advanced resources and toolkits.

Aptos Labs acquires Japanese blockchain developer HashPalette, expanding its presence in Japan and securing a role as the blockchain provider for Expo 2025 in Osaka.

Aptos Labs' acquisition of HashPalette positions the company to integrate Japanese businesses into its blockchain ecosystem and expand Web3 innovation.

Layer 1 blockchain network Aptos announced its acquisition of Japanese blockchain developer HashPalette, marking a key expansion into Japan's blockchain market. Aptos Labs, the firm behind layer 1 blockchain Aptos Network, announced the acquisition of HashPalette Inc.

Wall Street heavyweight Franklin Templeton has announced on Wednesday that its Nasdaq-listed On-Chain U.S. Government Money Fund, FOBXX, is now live on the Aptos (APT) blockchain.

Franklin Templeton's move to tokenize funds on Aptos signifies a growing trend of traditional finance integrating with blockchain, enhancing asset interoperability. The post Franklin Templeton launches tokenized fund on Aptos appeared first on Crypto Briefing.

Franklin Templeton has put its blockchain U.S. treasury fund on yet another network, adding Aptos just weeks after expanding to Avalanche.

TL;DR Launch in Aptos: Franklin Templeton launches its OnChain US Government Money Fund (FOBXX) on the Aptos blockchain, represented by the BENJI token. Successful Subscriptions: The fund has reached more than $20 million in subscriptions, evidencing progress in the institutional adoption of blockchain.

Franklin Templeton, a leading investment manager with over $1.4 trillion in assets, has expanded its tokenized US treasuries fund—Franklin OnChain U.S. Government Money Fund (FOBXX)—to Aptos, a Layer-1 blockchain powered by the Move programming language. FOBXX is a regulated 1940 act fund that invests at least 99.

Franklin Templeton expanded to the Aptos chain, soon after adding Arbitrum and Avalanche. The BENJI token offers retail investment in tokenized low-risk bonds, available through a mobile app.

Franklin Templeton has expanded its digital investment strategy by launching its OnChain U.S. Government Money Market Fund (FOBXX) on the Aptos blockchain. This move may set the stage for an APT price rally due to increased token utility.

Franklin Templeton Money Market Fund was launched on the Aptos blockchain.

Franklin Templeton's $435 million fund is expanding its reach, now available on multiple blockchains like Avalanche, Arbitrum, Stellar, and Polygon.

Franklin Templeton's FOBXX is the first money market fund to be launched on Aptos.

Aptos {{APT}}, the Layer 1 blockchain inspired by the discontinued Diem (formerly Libra) blockchain developed by Meta, has become the latest where Franklin Templeton's OnChain U.S. Government Money Market Fund (FOBXX) can be traded.

Global asset manager Franklin Templeton announced Wednesday that its blockchain-based government money fund is now live on Layer-1 blockchain Aptos.

Aptos (APT) has gained considerable attention in the cryptocurrency market, particularly following a notable surge that saw its price increase by 17.84% before entering a consolidation phase. Currently hovering around $7.77, APT has experienced mixed signals, prompting analysts to predict that it could soon cross the $10 threshold.

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Aptos is currently in a consolidation phase. However, APT is projected to cross $10 soon.

TL;DR By October 2024, $1.3 billion worth of tokens will be unlocked on the market. Notable projects include Celestia, Sui and Aptos, with major releases scheduled. Investors should be on the lookout for potential impacts on cryptocurrency prices due to these unlocks.

The largest token unlock of the month belongs to Celestia, which will unlock 175.56 million TIA tokens on October 30.

The upcoming $1.3 billion token unlock could significantly impact market dynamics, potentially increasing selling pressure and volatility. The post Celestia, Sui, and Aptos set for $1.3 billion token unlock next month appeared first on Crypto Briefing.

Aptos (APT), a promising cryptocurrency, has recently displayed bullish momentum, with market participants closely monitoring whether it can surpass the critical $10 threshold. Following a notable 29.98% rise over the past week, APT's growth has slowed slightly, rising by just 1.59% in the last 24 hours.

APT is set for a significant rally, with a market consensus indicating strong upward momentum.

The price move of the past 24 hours appeared to be borne majorly by the futures market.

With the bull run in the crypto market heating up, altcoins are preparing for a skyrocketing move ahead. Among the top performers, SUI, STX, and APT are teasing a breakout run ready for a 2X rally. So, let's find the next entry opportunity for a potential 2x gain.

Explore top cryptocurrencies projected to yield high returns by year-end. Learn about their make-up, projection methodologies and how investors can potentially earn up to 500% return on investment.

In the last seven days, several altcoins have surged impressively, each recording notable gains not seen in a long while. This remarkable uptrend highlights a shift in market sentiment and the potential for lucrative opportunities from the cryptocurrencies listed in the top 100.

The Bitcoin bull market is about to begin and as a result, the altcoins appear to be gearing up for the next move. SUI & SEI prices have been demonstrating massive moves in the past few weeks and hence are believed to outperform some of the top trading altcoins.

Aptos rides the bullish wave that swept over the market. The token, according to the latest market updates, registered an almost 36% surge in price, which follows the movement of major cryptocurrencies such as Bitcoin and Ethereum, pushing forward the overall sentiment on the token.

Aptos is positioned for a significant rally if market momentum continues to align.

Aptos (APT) is on a bullish trajectory, with strong indicators suggesting that the cryptocurrency could reach $10.41 soon. With substantial capital inflows and favorable market dynamics, APT has shown impressive performance over the past week.

APT is on track for substantial gains as its bullish trend continues to strengthen.

Aptos (APT), a Layer 1 Proof-of-Stake block chain, is experiencing a significant boost in value, with its price surging 10% following a strategic partnership with notable investment firms. This collaboration is designed to bolster the Aptos ecosystem and has ignited optimism among investors, suggesting that greater stability may be on the horizon.

Aptos Foundation has announced a partnership with Ignition AI Accelerator, an Nvidia-backed initiative aimed at accelerating the growth of artificial intelligence-focused startups in Asia.

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A new investment fund supporting the Aptos ecosystem has driven a significant price surge for its native token, APT, amid increasing trading volume and bullish market sentiment.

Aptos (APT) price, a Layer 1 Proof-of-Stake blockchain, has recently experienced a significant uptick in value. The trend for APT appears bullish as it trades upward and maintains a position above its key support levels.

It was a fine day to buy high-risk financial assets.