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 crypto market update for September 19, 2024 Asian trading hours sees Bitcoin break above $62,000. BTC price rose as traders cheered the US Federal Reserve's 0.5% interest rate cut – the first one since 2020. Most altcoins also traded higher, with Ethereum gaining to above $2,450.
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.
Singapore, Singapore, 18th September 2024, Chainwire
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.
Bitcoin is at a critical juncture, and analysts are divided about the potential impact of interest rate cuts on the market's direction.
Avalanche (AVAX) is generating buzz among traders and investors as it appears poised for a significant rally. Recent market developments suggest that AVAX could reach the $40 mark and possibly go even higher.
Avalanche (AVAX) price has moved sideways this month as it continued underperforming other cryptocurrencies like Tron, Toncoin, Bitcoin, and Mantra. It was trading at $23.63, down by more than 63% from its highest point this year, giving it a valuation of over $9.5 billion.
Synthetix, a popular DeFi protocol, is facing challenges regarding its plans for Arbitrum, a layer-2 platform for Ethereum. According to the recent voting results, the community voted against its plans to extend its Long-Term Incentive Program (LTIP) grant.
AVAX is poised for a surge as new insights come to light.
Avalanche (AVAX) price, a layer one blockchain, has recently witnessed a notable increase in value, aligning with a bullish trend across the sector. The market is optimistic, anticipating further advances as AVAX demonstrates a robust recovery.
The cryptocurrency market is no stranger to sudden shifts, and Arbitrum (ARB) is currently in the spotlight. After a prolonged period of trading within a descending channel, ARB is now testing critical resistance levels that could signal a massive breakout.
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.
DeltaPrime DeFi, which runs on the Arbitrum platform, has been dealt a major blow in the form of a hack. The attack that took place at 6:14 AM CET led to a loss of $5. 98 million to liquidity pools belonging to the provider DeltaPrime was first flagged by Cyvers alerts.
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.
Avalanche's innovative multi-chain architecture and upcoming upgrades aim to enhance blockchain customization and scalability, supporting enterprise, DeFi, gaming, and more.
Arbitrum tests resistance, with a potential 182% price surge on the horizon. Will it break out?
The cryptocurrency market is getting ready for the upcoming Federal Open Market Committee (FOMC) meeting, which could significantly impact the prices of various digital assets. While the broader market awaits the Fed's decision, experts are making bold predictions about the potential trajectory of Avalanche (AVAX) and IntelMarkets (INTL).
The hacker exploited DeltaPrime's admin proxy, enabling them to redirect contracts to malicious addresses. By doing so, they were able to drain funds from key liquidity pools, including DPUSDC, DPARB, and DPBTCb.
The MiCA Crypto Alliance launched today with key blockchain players Ripple, Hedera, and Aptos Foundation joining as founding members.
Avalanche (AVAX) has had a terrible Q2 2024 by several standards, going by a significant decline in market capitalization coupled with low revenue generation. Related Reading: Toncoin (TON) Climbs 20% – Here's What's Pushing The Price Up Messari's recent report indicated that AVAX faced a fierce correction after two quarters of growth on the trot.
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 blockchain security company Cyvers has reported a security leak in the decentralized finance (DeFi) protocol DeltaPrime, which operates on the Arbitrum network. The Cyvers estimates the loss in the incident to be four and a half million dollars at first, however, after it was reported that the funds had been transferred from DeltaPrime's DeFi
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.
TL;DR DeltaPrime Hack: DeltaPrime, a DeFi platform, lost over $6 million due to an admin key hack on the Arbitrum network, highlighting serious security concerns. Details and Impact: The hacker exploited a leaked private key to drain funds, affecting various tokens like USDC, ARB, and BTC, and leaving the Avalanche version unaffected.
The $4.5 million DeltaPrime hack resulted from a leaked admin private key, which stole USD Coin and immediately converted it into Ethereum.
The attack is believed to have occurred due to a private key exploit.
The Sandbox (SAND) has lately attracted interest with opposing opinions on its potential price movement. Although some analysts believe there is room for large increases, short-term data point to a more wary stance.
DeltaPrime, a DeFi protocol on the Arbitrum chain, has fallen victim to a series of suspicious transactions. The Web3 security firm CyVers flagged the issue, revealing that malicious actors have compromised protocol's admin wallet.
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.
Avalanche (AVAX) is making waves in the cryptocurrency world with a series of bullish trends and innovative partnerships. As the end of September approaches, many investors are asking: Can AVAX reach $50 by the month's close?
Arbitrum and ApeCoin prices will be in the spotlight this week as their networks unlock millions of tokens. ApeCoin (APE) token was trading at $0.
Avalanche's on-chain and market data signal strong bullish momentum
Avalanche (AVAX) is trading around $25 after a 10% surge since last Thursday, as the broader crypto market shows signs of recovery. Bitcoin and most altcoins are trending up from their yearly lows, with AVAX at a critical price level that could shape its price action in the weeks ahead.
Circle Internet Financial, the company behind the US Dollar Coin (USDC), has announced the integration of the Arbitrum layer-2 scaling chain into its Web3 infrastructure platform.
Avalanche (AVAX) price, a layer-one blockchain, is witnessing a resurgence in its bullish trend, according to recent technical indicators. The price of AVAX is currently exhibiting a robust upward trajectory, buoyed by broader market recoveries.