The second-largest cryptocurrency exchange by trading volume Bybit, has partnered with Aptos, a high-performance Layer-1 blockchain, to launch an exclusive airdrop for Web3 creators and enthusiasts.
Paradigm Capital, a prominent player in the cryptocurrency investment space, has made a significant move involving 70 million Lido DAO (LDO) tokens amid the ongoing crypto bull market. In a strategic transfer that took place over the past six hours, Paradigm Capital moved 8.18 million LDO tokens worth approximately $11.29 million to Coinbase Prime.
Crypto prices today stirred a whirlpool of speculations among market watchers globally, showcasing mixed price actions. While Bitcoin (BTC) maintained a trading session in the green at the $75K level, altcoins mainly reflected a turbulent market sentiment.
Aptos (APT) has been experiencing a notable resurgence in price, with a 21% rally following a key retracement in its price movement. The cryptocurrency had been in a bearish pullback since late October, but it has shown signs of a strong recovery, renewed investor interest.
Surge in Whale Activity: Several altcoins, including ApeCoin (APE), SushiSwap (SUSHI), and Treasure DAO (MAGIC), have experienced a significant rise in whale transactions. According to Santiment, these cryptocurrencies have seen a marked increase in large trades, indicating potential price shifts that may go against their recent patterns.
LDO rallies 32% with bullish momentum building, supported by rising volume and positive metrics.
Bybit, the second-largest crypto exchange by trading volume, has teamed up with Aptos (APT), the Layer-1 (L1) blockchain network, to launch an exclusive APT Ecosystem Airdrop, as per the most recent updates disclosed to Finbold on Thursday, November 7.
APT could be in the early stages of resuming its bullish momentum after retesting an important Fibonacci range.
The crypto market continued its upward surge, posting a strong 7.41% increase over the past 24 hours and lifting the global market cap to an impressive $2.46 trillion. Trading volumes soared by an astounding 128.03%, touching $192.7 billion.
Lido DAO recorded a strong bull run as positive sentiment surrounds the crypto market. Data shows increased whale accumulation around the asset.
Bitcoin (BTC) has rocketed by almost 10% in the past 24 hours and has just set a new all-time high of $74,730, as Republican candidate Donald Trump took an early lead in the presidential elections.
Bitcoin (BTC) is down just over 1% in the past 24 hours, declining after briefly flirting with the $70,000 mark. The current week is crucial in dictating market dynamics, with the US elections and Fed meeting set to commence.
APT, the native token of Layer-1 blockchain Aptos, has risen by 2% over the past 24 hours. However, a review of the one-day chart suggests that the Aptos price rally merely mirrors the uptick in the broader cryptocurrency market during that period.
ApeCoin (APE) faces strong downward pressure, with several indicators signaling potential further declines. The 7-day MVRV suggests recent buyers are mostly at a loss, which hints at undervaluation but leaves room for additional downside.
October saw a bullish surge in the crypto market, but the final week left investors disappointed as altcoins faced significant drawdowns. With November now underway, investors are eager to know if this trend will continue.
Aptos (APT) is currently at a critical juncture as it tests a key support level that could dictate its next major price movement. Recent market trends reveal heightened downside pressure, with APT facing aggressive sell-offs that threaten to push it further down.
In a recent court decision, Aurelien Michel, creator of the “Mutant Ape Planet” NFT collection accused of defrauding investors, has avoided prison but will forfeit over $1 million as part of his sentence.
APT faces heightened downside pressure as it tests a crucial support level that could dictate its next major move.
In an interesting development, the creator of the fraud NFT collection “Mutant Ape Planet” Aurelien Michel is set to avoid a prison sentence following a recent court ruling. However, the defendant has been ordered to forgo over $1 million as punishment for conducting a rug pull.
Michel sentenced for defrauding investors through Mutant Ape Planet NFTs. Court ordered $1.4 million forfeiture and a $15,000 fine.
Mutant Ape Planet creator Aurelien Michel pleaded guilty to defrauding investors and avoided a prison sentence.
Aptos partners with SK Telecom to integrate Tether's USDT into T Wallet, enhancing global access to stablecoins and digital finance.
Aptos Foundation has teamed up with SK Telecom to bring Tether's USDT stablecoin to T wallet.
ApeCoin is holding steady at the crucial $1 support level, fueling speculation on whether the bulls are ready for a comeback as it maintains its position above this key mark. Recent bearish pressure has driven the token to a point where a recovery might be on the horizon, yet the critical question is: can buyers defend this level and push prices higher?
Lido DAO price fell sharply as the broader crypto market pared gains alongside Bitcoin's dip to near $70,700. On Oct. 31, the price of Lido DAO (LDO) declined over 10% to trade near $1.05 before regaining some ground.
Uniswap joined Aptos as an underperformer, declining 3.9%
Bitcoin (BTC) is teasing a record high after it peaked at $73,464 on October 30, bringing it within touching distance of its all-time high of $73,750. However, the cryptocurrency has registered a marginal decline during the ongoing session and is trading just above $73,200.
USDT is now live in the Aptos blockchain. This shift can change the concepts of cheap and immediate international payments.
Lido has launched a new cross-chain staking system using Chainlink's CCIP technology, enabling users to stake ETH directly from Arbitrum, Base, and Optimism through a single transaction.
It looks increasingly like cryptocurrencies are going to be winners no matter who prevails in next week's presidential election.
Lido has announced the integration of Chainlink's Cross-Chain Interoperability Protocol (CCIP) to enable cross-chain staking across Ethereum layer-2 networks such as Arbitrum, Base, and Optimism, according to an Oct. 29 statement shared with CryptoSlate.
The Aptos (APT) price currently reflects a moderate trend, with mixed signals suggesting both potential growth and caution. Recent technical indicators show that while buying pressure slightly outweighs selling, the strength of the trend is not yet firmly established.
Aptos just announced that USDT is now natively available in its ecosystem. This comes at a time when APT is starting to show signs of a potential major move.
GMX-Solana has adopted Chainlink's Data Streams as its official Oracle solution for price data, funding rates, and liquidations. In parallel, Chainlink's Cross-Chain Interoperability Protocol (CCIP) has facilitated cross-chain staking for Lido, broadening accessibility to staked Ethereum (ETH) on Layer-2 (L2) networks.
As Bitcoin ($BTC) prepares to take out its all-time high, the rest of the cryptocurrency market is generally sitting back and watching developments. However, two altcoins are timing their runs to coincide with the Bitcoin surge, and they are $SUI and $APT.
NEAR Protocol also joined Aptos as a top performer, gaining 5.8%.
Bitcoin (BTC) touched $71,000 earlier today as it inches toward record highs. BTC hit $70,000 for the first time since late July and peaked at $71,460 before declining back to $71,000.
Bitfinex announces the integration of Tether (USDt) deposits and withdrawals on the Aptos blockchain, enhancing transaction speed and reducing costs for users.
Aptos is one of the trending L1 chains with growth in DeFi lending and DEX activity. Tether chose the chain for its next launch of native USDT.
Here is how some of your favorite assets concluded the week.
Lido Finance has launched a "community staking module" to enhance Ethereum staking accessibility, following approval from Lido DAO members.
Altcoins outperformed this week as BTC traded in a tight range.
Lido DAO has taken a big step toward decentralization by voting to add a community staking module, moving closer to a fully open and permissionless staking protocol.
ApeCoin (APE) price has surged 63.86% in the last seven days, but major holders remain skeptical. The number of wallets holding between 1 million and 10 million APE has dropped consistently since October 19.
Liquid staking protocol Lido launched its Community Staking Module (CSM) on the Ethereum (ETH) mainnet on Oct. 25. The CSM allows any user staking ETH to become a solo validator.
LidoDAO has launched the Community Staking Module (CSM), a major advancement for solo staking on the Ethereum network. This new feature simplifies access to staking by lowering the entry requirements for node operators.
TL;DR Lido DAO has approved the activation of the Community Staking Module (CSM) on Ethereum, facilitating access for independent stakers to strengthen decentralization. The CSM allows validators to operate with a minimum capital of only 2.4 ETH, thereby reducing entry barriers for new participants.
Lido DAO voted to incorporate the community staking module, a step towards creating a fully permissionless staking protocol.