aptos
The upcoming Aptos token unlock event threatens to pull APT price down further cutting short its recent recovery attempt. At press time, Aptos (APT) was trading at $6.21, down 65.51% from it’s a high of $18.14 reached in March this year. Prior to the recent decline, APT’s price had skyrocketed in the first few months of 2024 buoyed by NFTs and real-world asset (RWA) integrations. Next APT token unlock event scheduled for July 12On July 12, 2024, Aptos is set to release $69.44 million worth of APT tokens, representing approximately 2.49% of its total APT token supply. A total of 11.33 million A...
Invezz
The Aptos Foundation and Alibaba Cloud, China’s largest cloud service provider, have announced a new partnership that aims to support the growth of the Web3 ecosystem in Japan. Aptos Foundation’s alliance with the Alibaba Group’s digital technology platform targets Asia’s emerging hub. The latest collaboration adds to recent milestones from the Aptos team. One of them is Aptos Labs’ partnership with Microsoft and Brevan Howard to build a new DeFi platform dubbed Aptos Ascend. Aptos Foundation and Alibaba Cloud partnerSpecifically, the companies have launched Alcove, the first co-branded Move d...
Invezz
While Solana continues to see unprecedented growth and adoption, BitMEX founder Arthur Hayes has shared his prediction for what happens between Solana and Aptos. Hayes is the chief investment officer at Maelstrom, an early-stage investment fund focused on crypto. The BitMEX founder shared this outlook in an interview that also included Raoul Pal, the co-founder and CEO of Real Vision. The two commented on the current crypto market landscape, risks, degen plays, and end of year predictions. In terms of market risks, Hayes believes a major black swan event for crypto would be the collapse of a l...
Invezz
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