Crypto Analyst Says Bitcoin in a Potential Big Move Upwards, Updates Outlook on Sui, Aptos and Eigenlayer

October 10, 2024 The Daily Hodl

Altcoins

A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin (BTC) while offering his outlook on three altcoins. The analyst pseudonymously known as Sherpa tells his 224,200 followers on the social media platform X that Bitcoin is experiencing “extremely tight” price compression as evidenced by the convergence of the 25-period, 55-period, 100-period and […]

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Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

Aptos Co-Founder Says Layer-1 Project Approaching Tipping Point of Mainstream Adoption

October 9, 2024 The Daily Hodl

Altcoins

The co-founder of Aptos (APT) believes that the layer-1 crypto project is on the verge of massive mainstream adoption. In a new interview with crypto influencer Scott Melker, Aptos CEO and co-founder Mo Shaikh says that the speed of the Aptos network makes it a highly attractive blockchain for payments. He also says that Aptos’ […]

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Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

Blockchain activity soars 70% in Q3 driven by AI DApps

October 8, 2024 Coin Telegraph

Aptos

Daily active wallets in the DApp industry soared in the third quarter of 2024, driven primarily by a 71% growth in the performance of AI-related applications.

Decentralized applications (DApps) have surged forward in the third quarter of 2024, fueled by the growth of blockchain activity led by artificial intelligence applications.

According to an Oct. 8 DappRadar report, daily unique active wallets (UAWs) reached a record-breaking 17.2 million, marking a 70% increase from the previous quarter. The rise is largely attributed to the performance of AI-related DApps, which saw a 71% rise in the period, accounting for nearly 4.3 million daily UAWs.

Key players like Data Intelligence Network (DIN) and Alaya AI are leading the trend.

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

Bitcoin’s rise above $62,000 could pull APT, WIF, FTM, and BGB higher

October 7, 2024 Coin Telegraph

Bitcoin’s rise above ,000 could pull APT, WIF, FTM, and BGB higher

Aptos

Bitcoin’s recovery above $62,000 is having a positive impact on altcoins, boosting prospects of a rally in APT, WIF, FTM and BGB.

Bitcoin (BTC) is trying to close the week above $62,500, well above the intra-week low of just under $60,000. This suggests buying at lower levels. Although the start to October, generally the strongest month of the year, has been slow, analysts expect things could pick up going forward.

One positive for the cryptocurrency markets is that the CME Group’s FedWatch Tool is pricing in a 97% probability of the Federal Reserve cutting rates by 25 basis point in their Nov. 7 meeting. Expectations are that a rate cut would boost a risk-on sentiment.

Crypto market data daily view. Source: Coin360

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

Blockchain Industry Players Launch MiCA Crypto Alliance in the EU

September 19, 2024 Bitcoin.com

Aptos

The DLT Science Foundation (DSF) has announced its support for the launch of the MiCA Crypto Alliance, with Hedera, Ripple, and Aptos Foundation as founding members. This industry association aims to streamline and enhance compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation, fostering a sustainable and compliant crypto ecosystem. The MiCA regulation, set […]

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

Arthur Hayes Says Solana Rival Aptos (APT) Can Solve ‘A Lot of Problems’ for BlackRock and TradFi: Report

September 16, 2024 The Daily Hodl

Altcoins

BitMEX founder Arthur Hayes reportedly says that layer-1 blockchain Aptos (APT) is capable of solving many problems for the traditional finance (TradFi) world. In a speech at the recent Aptos Experience conference in Seoul reported by Aptos co-founder Mo Shaikh, Hayes says that his experience in the TradFi world showed him how antiquated the industry […]

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Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

Venture Capitalist Chris Burniske Says Subtle Signs of Crypto Bull Market Flashing Amid Depressed Sentiment

September 15, 2024 The Daily Hodl

Altcoins

Investor and former crypto analyst at ARK Invest Chris Burniske says that digital assets are showing subtle signs of an early bull market move. Burniske, a partner at venture capital firm Placeholder, says that modest rallies amid bearish market sentiment bode well for crypto assets. “Continuing to see subtle green shoots, while public sentiment remains […]

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Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

Aptos navigates token unlock amid layer-1 ecosystem growth

September 11, 2024 The Crypto Briefing

Aptos

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.

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

Aptos network integrates Nillion for privacy-preserving apps

August 29, 2024 Coin Telegraph

Aptos will be able to support confidential DeFi, private AI assistants and more.

Aptos is integrating privacy platform Nillion to support privacy-preserving applications on the layer-1 blockchain network, Nillion told Cointelegraph on Aug. 29.

Aptos will be able to support applications such as confidential decentralized finance (DeFi), private artificial intelligence assistants, secure social media, private gaming and collectibles, and more, Nillion said.

“DeFi users could benefit from private trade execution or hidden liquidation vaults, while supply chains could enhance transparency without compromising sensitive data,” according to Nillion.

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

Tether shuns blockchain launch, cites market concerns

August 23, 2024 Coin Telegraph

Aptos

Tether’s decision to avoid launching its blockchain stems from the crowded market and strategic alignment with existing platforms.

Tether, the issuer of the world’s largest stablecoin, USDT, has calculated to forgo its own blockchain launch, citing market saturation and strategic concerns.

According to an interview with Bloomberg News, the company’s CEO, Paolo Ardoino, explained that the stance comes from analyzing the blockchain space and a crowded market.

Ardoino stated that the firm launching a blockchain might not be the “right move” since “very good blockchains” are already available to the public.

Aptos

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