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.

With the US Federal Reserve cutting interest rates by 50 basis points on September 18, the crypto market is preparing for an upward thrust. However, a few top altcoins have already surged quite a bit in anticipation of the rate cuts.

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.

Key points:

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.

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.

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.

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.

WalletConnect, a protocol that facilitates connections between crypto wallets and decentralized applications, is set to launch its native Connect Token (WCT) on Optimism's OP Mainnet.

APT's recent consolidation reaffirmed a rather weak trend on its chart, here's how you can capitalize on its recent price movements.

Key Points:

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.

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 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 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.

The $4.5 million DeltaPrime hack resulted from a leaked admin private key, which stole USD Coin and immediately converted it into Ethereum.

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?

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.

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.

Aptos clocked in a 5.4 million active monthly addresses, a figure that would make even some of the more established chains blush.

ParaFi's tokenization of its fund represents the company believing in the technology it invests in and eating its “own dog food.

The price of Avalanche (AVAX) continues to trade above the $19 support but below the $27 resistance.

Key points

Alternative asset manager ParaFi Capital has joined forces with real-world asset tokenization giant Securitize to tokenize part of its venture fund on the Avalanche (AVAX) network. That will allow a massive wave of investors to partake in ParaFi's investment strategy.

OP Succinct optimizes ZK rollups, reducing transaction times and costs on Ethereum. The collaboration between Succinct Labs and OP Labs aims to boost blockchain scalability.

The tokenized fund, which is running on the Avalanche blockchain, opens ParaFi's venture strategy to a new group of investors

Notcoin (NOT), Ontology (ONT), Optimism (OP), and Orbs (ORBS) are showing intriguing developments as the broader cryptocurrency market struggles to maintain a bullish trend after Bitcoin dropped below $60k.

ParaFi Capital, an alternative asset management firm, has taken a key step in integrating blockchain into its operations by tokenizing part of its venture fund.

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.

Avalanche, the 14th-biggest cryptocurrency, is stuck in a deep bear market amid weak on-chain metrics and falling staking yields. Avalanche active addresses are falling Avalanche (AVAX) was trading at $23.