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.
After finishing as the second top market gainer recently, momentum is building for an IMX rally.
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.
With the BTC price sustaining above the $60K mark, the bull run in the altcoin segment is heating up. As the speculations of a bull run in Bitcoin to the $100K sparks up with Presidential elections and rate cuts, the gaming, AI, and meme cryptos are racing fast.
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.
dYdX's move into prediction markets could significantly boost DeFi's appeal and market share by offering unique, leveraged trading opportunities. The post dYdX prepares to bring perpetual futures to prediction markets appeared first on Crypto Briefing.
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.
dYdX is expanding into prediction markets with perpetual futures, introducing permissionless market listings. CEO Charles d'Haussy emphasizes the need for distinct features in DeFi.
Cryptocurrency prices were mixed as traders focused on the upcoming Federal Reserve meeting, with the crypto fear and greed index remaining in the fear zone.
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.
Decentralized finance needs to develop a unique offering relative to centralized venues, dYdX Foundation CEO Charles d'Haussy said.
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.
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.
Starknet, a Layer 2 scaling solution for Ethereum, is making major strides in its governance. In a recent community vote, Starknet's users approved a dynamic staking mechanism designed to control inflation of the STRK token.
Aptos shows potential for higher prices with strong adoption and scalability.
Here is how some of your favorite assets concluded the week.
Since the Ethereum Foundation proposed ZK-Rollups as one of the most efficient ways to scale Ethereum, this technology has become extremely popular and has managed to revolutionize the blockchain ecosystem.
The recent vote within the Starknet community has given the green light to a new staking feature, known as “SNIP 18.” This proposal, developed by core team member StarkWare, received broad support, with 98.94% of voters endorsing it through Snapshot's decentralized Snapshot X platform.
Aptos clocked in a 5.4 million active monthly addresses, a figure that would make even some of the more established chains blush.
Meanwhile, the SEC claimed that when it said "crypto asset securities" it never meant tokens were actually securities.
Users holding over 20,000 STRK will soon have access to a new staking mechanism for the token following a near-unanimous vote.
TL;DR Starknet to Introduce Staking: Starknet will launch staking for its STRK token after the SNIP 18 proposal was overwhelmingly approved by the community. Community Support: The proposal saw 98.94% approval, highlighting strong community backing for decentralization efforts.
Starting in the fourth quarter of this year, Starknet will enable users holding more than 20,000 STRK tokens to stake on its network.
The approved staking mechanism for STRK token could significantly enhance community participation and drive the network towards full decentralization. The post Starknet community greenlights staking mechanism for STRK token appeared first on Crypto Briefing.
Starknet implements dynamic minting for STRK tokens, balancing staking incentives and token supply with community backing.
Starknet has approved a governance proposal, named “SNIP 18,” to implement staking within its network.
The new mechanism on Starknet means that anyone holding more than 20,000 STRK will be able to stake on the network, from the fourth quarter of this year.
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.
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.
dYdX has announced the integration of the Keplr Wallet, allowing over 1 million users to access its decentralized trading platform across more than 130 markets. This collaboration between dYdX Chain and Keplr simplifies the onboarding process, letting users connect their wallets and start trading in just three clicks.
Keplr's integration with dYdX will allow Keplr users to interact directly with dYdX's decentralized trading platform while retaining full control of their assets.
Digital coins flourished today as the crypto market cap reclaimed the $2 trillion level after a 3.18% increase in the past day. While such sentiments catalyzed significant gains in the altcoin space, Starknet (STRK) displayed struggle, losing 2.97% in its daily chart to hover at $0.4137.
The APT rally may face delays as the market trends downward amid persistent bearish sentiment.
Previously, participating in DAOs required paying gas fees for voting, which could sometimes exceed ten dollars. These costs created barriers to participation and made on-chain voting less appealing.
Starknet is set to hold its first on-chain vote on Sept. 10. Hopefully, it will set a precedent for protocols to follow going forward.
Governance voting platform Snapshot has announced the launch of Snapshot X, a new onchain voting protocol.
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.