The Aptos Network is starting December on a high note, showcasing remarkable network activity and growth. As most top blockchains experienced a slowdown at the end of November, Aptos maintained its upward trajectory, breaking multiple records.
Most on-chain activity is inefficient, with networks spending more for incentives than they receive in fees. Aptos, an early-stage L1 network, is the most inefficient, though it managed to grow its user base in 2024.
Token unlocks may heighten market volatility, impacting investor sentiment and potentially influencing long-term crypto market dynamics. The post Cardano, Jito, and Aptos set for $700M token unlock this month appeared first on Crypto Briefing.
Historically, December has been a strong month for the crypto market, and December 2024 could follow that trend, particularly for altcoins. BeInCrypto has identified key altcoins to watch as the year comes to a close.
Bitcoin (BTC) inched above $96,000 and reached an intraday high of $96,760 before declining to its current level of $96,300. Investors are eying the $100,000 level as the Thanksgiving holiday rolls in.
Echelon, a decentralized lending protocol on Aptos, has launched Echelon Chain, a debt-driven Move appchain. The appchain, built on Initia's Interwoven Stack, leverages Celestia's modular blockchain technology, the Echelon team announced on Nov. 28.
Aptos holds key support at $10.70, with technicals and on-chain data signaling a rally to $17.
Aptos (APT) is emerging as one of the most promising blockchain projects, especially in the realm of AI and decentralized finance (DeFi). As the cryptocurrency market continues to evolve, Aptos stands out with its innovative approach, robust funding, and an enthusiastic community of developers and investors.
Bitcoin (BTC) has registered a sharp decline as its march to $100,000 faced a significant setback as the price slipped below $95,000. BTC is down almost 4% over the past 24 hours and trading at $94,351, with sellers in control.
Michael Sonnenshein and Kevin Weil will help bolster Aptos's growth in artificial intelligence, institutional adoption and other endeavors.
Michael Sonnenshein, the former CEO of Grayscale Investments, has joined Aptos Labs as an adviser alongside OpenAI's chief product officer, Kevin Weil. Aptos Labs said it will harness Sonnenshein's knowledge to bring more traditional financial institutions to the network.
APT is positioned for a significant breakout, with forecasts pointing to a 67% rally that could push its price to $24.
Circle's USDC and CCTP integration with Aptos enhances blockchain interoperability, bridging TradFi and DeFi worlds.
Layer-1 blockchain Aptos (APT) has announced a plan to integrate fintech giant Stripe's payment services and the stablecoin USDC. Stripe's payment services will provide a fiat on-ramp for the Aptos network, according to a new press release from the layer-1 project.
A closely followed crypto analyst says that one Solana (SOL) rival may be gearing up for a double-digit breakout.
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Circle has announced the upcoming launch of its USDC stablecoin and Cross-Chain Transfer Protocol (CCTP) on the Aptos blockchain. This move marks a new phase in Aptos' evolution as a scalable layer-1 blockchain designed for diverse Web3 applications.
The Aptos Foundation announced a new partnership with Circle and Stripe, hoping to revolutionize its network functionality. Circle's CCTP and USDC stablecoin will enhance blockchain interoperability, while Stripe will attract TradFi by simplifying fiat interactions.
TL;DR Aptos integrates native USDC and Circle's CCTP protocol, improving interoperability and security in transactions across eight major blockchains. The native version of USDC replaces the bridged USDC, simplifying settlement and increasing transaction security. Stripe will offer fiat-to-USDC conversion services, connecting traditional finance with Aptos' blockchain ecosystem.
Circle will integrate native USDC and the Cross-Chain Transmission Protocol (CCTP) on the Aptos blockchain.
Aptos integrates Stripe crypto payments and Circles USDC, enhancing cross-chain DeFi solutions and fiat on-ramps for global transactions. The post Stripe and Circle's USDC integrate into Aptos ecosystem appeared first on Crypto Briefing.
The integrations aim to boost global payments and decentralized finance on the Aptos network.
Aptos Foundation announced that Circle's USDC stablecoin and Cross-Chain Transfer Protocol will launch on the Aptos blockchain.
Bitcoin (BTC) and the crypto market registered a sharp decline as speculation cooled after a week of significant gains. BTC has registered an increase of over 30% since the US election, thanks to President-elect Donald Trump's pro-crypto stance.
Sui Network (SUI) has recently demonstrated impressive growth in its decentralized exchange (DEX) trading volume, surpassing Aptos (APT) by a significant margin. SUI's trading volume reached $28 billion, three times that of Aptos, which recorded $9.4 billion.
Aptos (APT) recently hit a 7-month high before facing a near-term downturn.
Yesterday, the world's largest asset manager, Blackrock, disclosed that it had expanded its tokenized money fund to other blockchains, including Move-programmed Apots (APT). This development sparked speculation that the Aptos token price could gain from it.
SUI and APT surged, but SUI may outpace APT in gains because of strong market metrics.
BlackRock announced on Wednesday that it is expanding its tokenized liquidity fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), to operate on multiple blockchain platforms.
BlackRock has expanded its BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to five additional blockchains—Aptos, Arbitrum, Avalanche, Optimism, and Polygon—enhancing access to tokenized real-world assets and integrating with decentralized finance ecosystems. The post BlackRock's BUIDL Expands to Aptos, Arbitrum, Avalanche, Optimism and Polygon appeared first on Cryptonews.
Asset management titan BlackRock is announcing the expansion of its proprietary BUIDL, the company's on-chain money market fund, across five new blockchains.
The tokenized money market fund will launch on nearly half a dozen new blockchain networks.
Bitwise Asset Management has introduced a pioneering exchange-traded product (ETP) focused on staking the Aptos (APT) token, marking a significant move in the crypto investment space.
BlackRock is expanding its tokenized fund — BUIDL — to multiple blockchains.
BUIDL currently leads the tokenized government securities market with $517 million in assets under management.
BlackRocks BUIDL fund now spans Aptos, Arbitrum, Avalanche, Optimism, and Polygon, enhancing access for digital asset investors. The post BlackRock expands BUIDL fund access across Aptos, Arbitrum, Avalanche, Optimism, and Polygon appeared first on Crypto Briefing.
American multinational investment company BlackRock Inc has broadened the supported platforms for the BUIDL product. Per the latest update, the product has now expanded to different layer-1 and 2 networks to boost its overall diversity.
Bitwise Asset Management introduced the world's first Aptos staking exchange-traded product (ETP) on Switzerland's SIX Exchange.
Aptos (APT) price has been experiencing a strong rally, surging 47% in the past seven days. The recent momentum has been supported by positive indicators, such as bullish EMA lines and favorable Ichimoku signals, which point to continued buying interest.
Crypto asset manager Bitwise has announced the launch of an Aptos (APT) Staking exchange-traded product (ETP) (APTB) on the SIX Swiss Exchange. According to the press release, the ETP will represent the world's first Aptos Staking ETP, aiming to enable both institutional and retail investors to engage with the Aptos smart contract platform.
Aptos (APT) is currently riding a powerful bull wave, with the token seeing an impressive 82% rally in recent weeks. As it challenges key technical resistance levels, Aptos is now poised for a potential breakout that could send its price soaring, with some analysts predicting a massive upside of up to 190%.
Bitwise Asset Management announced it will launch the Aptos Staking ETP on the SIX Swiss Exchange, marking the first exchange-traded product (ETP) for Aptos staking. Aptos Staking ETP Set to List on SIX Swiss Exchange Bitwise's Aptos Staking ETP, scheduled for listing on Nov.
U.S. asset management firm Bitwise has announced plans to launch an Aptos Staking Exchange-Traded Product on the SIX Swiss exchange. The product will offer staking access to both institutions and retail investors and offer staking rewards of about 4.7% net of fees.
It adds to Bitwise's roster of European staking ETPs. Staking is still prohibited in ETPs listed in the United States.
Bitwise Aptos Staking ETP will be listed on the SIX Swiss Exchange on November 19, 2024.
Aptos price rose sharply on Tuesday amid a major announcement from asset management firm Bitwise. The price of Aptos (APT), which had jumped to above $11.00 as the broader crypto market mirrored Bitcoin's (BTC) explosive run, shot to highs of $13.84 on Nov. 12.
Bitwise Asset Management, a prominent digital asset investment firm, has announced the launch of the world's first Aptos Staking ETP (exchange-traded product).