News Explorer — Surge in Open Interest Volume for APT Futures Suggests a Bearish Turn Among Investors

Surge in Open Interest Volume for APT Futures Suggests a Bearish Turn Among Investors

The open interest volume for APT futures reached a three-month high, indicating a bearish view of Aptos in the market. This increase follows a new AI partnership with Microsoft, where Aptos plans to leverage Microsoft Azure to introduce AI-powered blockchain tools. Traders are already discounting the bullish move, with many shorting APT and citing weak fundamentals and heavy dilution.

Source Article

Aug 10, 3:15 am

Decrypt

Surge in Open Interest Volume for APT Futures Suggests a Bearish Turn Among Investors

The open interest volume for APT futures reached a three-month high, indicating a bearish view of Aptos in the market. T… Read Summary

Source Article

Aug 10, 3:02 am

Coindesk

Indian Government to Launch Web Browser to Let Users to Digitally Sign Documents Using Crypto Tokens

The Indian Ministry of Electronics and Information Technology (MeitY) plans to develop an indigenous web browser that wi… Read Summary

Source Article

Aug 10, 2:27 am

Decrypt

Circle CEO Boosts Stablecoins Use to Transform the Global Economy, Urging US Authorities to Act

In a recent video ad, Circle CEO Jeremy Allaire discusses the potential of cryptocurrencies to revolutionize the global… Read Summary

Source Article

Aug 10, 1:52 am

Coindesk

France Updates Registration Requirements for Crypto Firms to Align With EU’s MiCA Regulations

France has updated its registration requirements for crypto firms to comply with the new MiCA regulations set by the Eur… Read Summary

Source Article

Aug 10, 1:50 am

Decrypt

Boleros’ Song Share Model Proves the Potential of Web3 Music

Boleros, a French startup, believes that its Song Share model is proof of the future of Web3 music. The model allows fan… Read Summary

Source Article

Aug 9, 4:51 pm

Decrypt

DeGods Ditch Polygon, Moving y00ts to Ethereum and Returning $3 Million Grant

DeLabs’ NFT project, y00ts, is set to migrate from Polygon to Ethereum mainnet to join the DeGods collection. The migrat… Read Summary

Source Article

Aug 9, 4:07 pm

Decrypt

SEC Says It Plans to Appeal XRP Sales Ruling in Ripple Case

The SEC plans to appeal a court decision that found XRP is not necessarily a security. The SEC believes that the court’s… Read Summary

Source Article

Aug 9, 3:51 pm

Decrypt

Supreme Court Says Apple App Store Rules Can Stand—For Now

A U.S. Supreme Court justice has temporarily halted the Ninth Circuit Court of Appeals ruling in the Epic Games vs. Appl… Read Summary

Source Article

Aug 9, 8:20 am

Cointelegraph

Most Crypto Wallets Have Not Conducted Penetration Testing: Report

A recent report from CER found that only 13.3% of cryptocurrency wallet brands have undergone penetration testing to ide… Read Summary

Source Article

Aug 9, 11:05 am

Cointelegraph

CBS Studios Can Now Use the Star Trek Name for NFTs and Crypto Collectibles

CBS Studios has received approval from the USPTO to use the Star Trek name for nonfungible tokens (NFTs) and crypto coll… Read Summary

Source Article

Aug 9, 10:33 am

The Block

Bitcoin Falls Under $30K As US Inflation Report Nears

Bitcoin’s price briefly surged above $30,000 before dipping back below the threshold as traders prepared for the U.S. in… Read Summary

Source Article

Aug 9, 10:42 am

Decrypt

Top Democrat Maxine Waters ‘Deeply Concerned’ Over Launch of PayPal Stablecoin

Democratic Congresswoman Maxine Waters expressed concern over PayPal’s launch of its own stablecoin without federal regu… Read Summary

Source Article

Aug 9, 9:17 am

Decrypt

Coinbase’s Ethereum Scaling Network Base Launches

Coinbase has launched its Ethereum layer-2 network, Base, to promote the development of decentralized apps. The launch e… Read Summary

Source Article

Aug 9, 8:49 am

Decrypt

Aptos Token Surges on News of Microsoft Alliance

Aptos, the native token for the Aptos blockchain, has seen a surge in value after announcing a partnership with Microsof… Read Summary

Source Article