Aptos (APT) has spent the past month consolidating within a tight range, with its price bouncing between $5.63 and $6.53. This stagnation has been primarily driven by broader market volatility, leaving traders uncertain about the token's direction.
Bitwise Asset Management has registered an Aptos ETF entity in Delaware, a move that could open future spot exchange-traded funds centered on the layer-1 crypto.
TL;DR Bitwise has registered the “Bitwise Aptos ETF” in Delaware, signaling its intent to file a formal application with the SEC to launch a fund based on Aptos (APT). APT's price surged 10.63% in 24 hours, defying the bearish trend in the crypto market and highlighting the growing interest in this Layer 1 blockchain.
The Aptos (APT) token defied the broader crypto market downturn, surging over 8% after Bitwise registered an interest in launching a spot exchange-traded fund (ETF) focused on the asset. While major cryptocurrencies like Bitcoin and Ethereum dropped more than 3% during this period, APT outperformed the top 50 digital assets, reaching $6.
While Bitcoin remains below the supply zone around $90k, bulls have seen BTC bounce from lows of $82k hit on Wednesday as cryptocurrencies crashed. Despite the lingering economic concerns and tariffs, Bitcoin has reclaimed the $86k area. Several altcoins have also held up at key support levels, including Ethereum, XRP and Solana.
Bitwise registers a Delaware trust for an Aptos (APT) ETF, marking a significant step in the ETF's launch process. Aptos (APT) price surges 10.05% following the ETF news, trading at $6.18 with a market cap of $3.64 billion.
The crypto market suffered a further decline in early trading, with the market cap declining by nearly 3% and settling at $2.84 trillion. Bitcoin (BTC) and other cryptocurrencies registered substantial declines, with fears of a further decline driving investors to safe-haven assets.
Cryptocurrencies display mixed performances as altcoins seemingly decouple from Bitcoin. BTC plunged to $82K as bearish sentiments grew with Trump tariffs denting the global financial space. However, some altcoins recorded substantial bounce-backs within the past day, signaling the upcoming selective altcoin season. APT soared nearly 15% from daily lows of $5.5411 to $6.3695.
Bitwise has submitted a registration filing for an Aptos ETF to the Delaware's Department of State, paving the way for a possible ETF launch.
Bitwise Asset Management has revealed that the BITWISE APTOS ETF has been registered in Delaware, USA. Other APTOS ETPs have also been launched in Europe, including Bitwise Aptos Staking ETP and 21Shares Aptos Staking ETP.
Losses in crypto markets mirrored those in U.S. equities after lesser-than-expected earnings from technology stalwart Nvidia failed to wow investors.
Bitwise Asset Management has taken the first step toward launching an Aptos (APT) exchange-traded fund (ETF), filing for a Delaware trust linked to the proposed product.
Bitwise has registered a 'Bitwise Aptos ETF' entity in Delaware, according to the official registration portal.
Bitwise's move signals growing diversification in crypto ETFs, potentially broadening market access and investor interest in varied digital assets. The post Bitwise files for Aptos ETF via Delaware trust, prepares for SEC registration appeared first on Crypto Briefing.
The crypto market plunged into the red, shaving off over $230 billion after President Donald Trump announced that tariffs on Canada and Mexico would be effective in March. As a result, market sentiment sank to extreme fear, with cryptocurrencies registering significant losses.
Aptos has created history with its mind blowing hold over the world. The financial system was revolutionized when Aptos started climbing the ladder.
Aptos (APT) has faced significant downward pressure in recent months, with the altcoin experiencing a decline of 27.55%. Its price has fluctuated significantly, from a local high of $9.8 to a low of $4.
Weighted sentiment around Aptos is at its most positive level since November right now.
Bitcoin (BTC) picked up momentum as it climbed above $98,000, as short-term bulls eye the $100,000 level. A break above this level could power BTC towards $105,000.
Alexander Spiegelman, Director of Research at Aptos, has condemned Monad for copying key technologies from Aptos without proper acknowledgment.
Aptos just got a vibe shift in an unconventional "community takeover" led by a degen trader called BuzzlamicJihad, causing APT to spike.
Aptos (APT) has been making waves in the crypto space, with significant network growth and a bullish price action that could lead to a breakout in the near future. The cryptocurrency has caught the attention of investors, who are closely watching its progress following a year of impressive on-chain adoption.
Litecoin (LTC) was also among the top performers, gaining 7.3%.
Aptos consolidates inside a bullish flag pattern on the weekly chart and faces exponential network growth.
The cryptocurrency market has recorded a change of 0.48% in the past 24 hours. However, Bitcoin price has retested its $96k level, following which top altcoins have experienced a significant pullback in their respective valuations. On the other hand, by defying all the odds, the Aptos price has jumped by 13% in 24 hours.
Solana (SOL) joined Aptos (APT) as an underperformer, falling 5.1%.
Aptos (APT) has recently triggered a buy signal on its weekly chart, suggesting a potential rebound for the cryptocurrency. However, while the outlook looks optimistic, several obstacles remain, and it's unclear whether the momentum can be sustained in the coming days.
Aptos is showing signs of a potential rebound, but faces significant resistance and declining market interest.
Bitcoin (BTC) recovered from a low of $94,106 on Wednesday to move to its current level of $96,628. BTC retreated below $95,000 after inflation data showed inflation had risen more than economists had predicted, rattling the crypto and traditional markets.
Digital currencies traded in green on Thursday after bouncing back from yesterday's sudden dip. Aptos grabbed the crypto community's attention as it targets massive breakouts. APT eyes significant surges after rebounding from a crucial support barrier after consolidating within a descending wedge.
Aptos, a high-performance Layer-1 blockchain, has gained significant attention due to its innovative design and robust ecosystem. Built to address scalability, reliability, and upgradeability, Aptos leverages the MOVE programming language, originally developed by Facebook (now Meta).
Aptos (APT) has emerged as a strong player in the crypto market, gaining attention for its innovative scalability features and growing on-chain activity. The blockchain network, which has made significant strides in blockchain technology, is becoming increasingly recognized for its potential to impact the decentralized ecosystem.
The cryptocurrency market is witnessing a modest rebound, but some altcoins struggle. SAND, APT, BERA, and ARB face declining momentum, raising concerns among analysts.
Aptos shows significant growth, driven by scalability innovations and increasing market confidence.
Some of the altcoins are up more than 5% on Monday. Could this latest surge turn into something else, or will it be short-lived with the downtrend to continue?
Cryptocurrency prices remained under pressure last week as concerns about a trade war between the United States and its top trading partners remained.
Aptos (APT) has struggled with steady selling pressure over the past two months, and recent token unlock events may exacerbate these challenges. With increasing unlocks and panicked sentiment in the market, APT could face more downside in the near future.
The 1-week heatmap threw the $5.5 liquidity cluster into sharper relief.
Following the market's recent corrections, Aptos (APT) has revisited the lows of its Macro Range, hitting a six-month low at the start of February. According to an analyst, the cryptocurrency's recovery and ongoing retests of this crucial level could lead to a rebound in the following months.
The crypto market is finally showing signs of recovery after its recent massive liquidation. However, the soon-to-be-coming crypto unlock event could introduce even further volatility for a few cryptos, so investors should consider selling those before the volatility takes over.
You can now send and receive Aptos directly through Ledger Live, the official app for Ledger hardware wallets. This means top-tier security combined with a simple and seamless user experience with Aptos.
Aptos Labs has announced a major breakthrough, revealing that its new blockchain execution engine, Shardines, has unlocked 1 million transactions per second for Aptos. On Feb.
The Aptos network continues its impressive growth with record user activity as APT sees 2.8% price recovery.
The crypto market witnessed the biggest crash of the year as Bitcoin fell to $91,200 over the last 24 hours. Nevertheless, the upcoming week presents opportunities for investors owing to external developments surrounding tokens.
APT's recent price action has been bearish, but this might change soon.
Circle's dollar-pegged stablecoin USDC has officially gone live on the layer-1 chain Aptos (APT). Aptos' native token, APT, is up on the news, surging by 5.5% in the past 24 hours. The 38th-ranked crypto asset by market cap is trading at $7.91 at time of writing.
Circle's bid to push its USD Coin (USDC) to the fore as a leading stablecoin option got a boost following the launch of the coin on the Aptos mainnet network. Aptos is a fast-growing layer-1 blockchain network, and the biggest compliment to its reputation could be its “Solana killer” nickname.