The Aptos blockchain, known for its Move language and mainnet launch in October 2022, has been down for more than four hours. The unexpected downtime has sent shockwaves through the market, prompting major exchanges like Upbit and OKX to suspend Aptos (APT) deposits and withdrawals.
According to the AptoScan block explorer, the on-chain transactions on Aptos came to a halt at block 104621314, with the last transaction recorded at 7:11 UTC+8 on October 19, 2023. The prolonged outage has created uncertainty in the crypto community, as traders and investors are left in the dark regarding the status of their assets.
Aptos officially addressed the situation via a statement and a tweet: “Your energy for Aptos One was so electric, you cut the lights! What that means at the moment is that transactions on the network have been impacted. We are working diligently to resolve the issue and will keep you updated upon completion.” This acknowledgment, while offering some reassurance, has not yet provided a timeline for when the blockchain will be back in operation.
The ramifications of this blockchain outage have rippled through the market. The price of APT, the native token of the Aptos blockchain, experienced a slight drop, hovering around $4.917 USD and declining by over 1% in the past 24 hours. Market sentiment remains uncertain, awaiting further developments on when the network will be fully functional.

APT/USDT 1 day chart on Binance | Source: TradingView
Aptos made headlines over the past year, thanks to its successful mainnet launch and a high-profile airdrop campaign that distributed thousands of dollars in APT tokens. The project successfully raised $350 million through multiple funding rounds. Its integration with the Indian social network, Chingari, caused a 900% surge in new users on its layer-1 network in late July.
Despite the current challenges, Aptos has managed to maintain a total value locked (TVL) of around $64 million, slightly edging out its competitor, Sui, according to data from DeFi Llama. This resilience reflects the strong fundamentals and community support backing the Aptos blockchain.
Source: https://azcoinnews.com/aptos-apt-encounters-issue-blockchain-remains-idle-for-over-4-hours-upbit-and-okx-halt-transaction.html

Bitcoin’s hash rate has more than doubled in just one year, jumping from 261 EH/s to 455 EH/s. Additionally, luxury brands like Ferrari now accept digital currencies for car purchases, despite the crypto market’s volatility.
Bullish Sentiment Surrounds Bitcoin (BTC)
The Bitcoin community has been abuzz with some exciting developments. There’s talk that the US SEC has given the green light to a spot Bitcoin ETF, which sent the cryptocurrency’s price soaring. Edward Snowden, the famous whistleblower, made some noteworthy remarks at the 2023 Bitcoin Conference in Amsterdam. He highlighted Bitcoin’s importance in today’s world, portraying it as a bulwark against government oversight and the devaluation of traditional currencies.
Even though there’s some uncertainty about the ETF news, the price of BTC saw a rapid increase. Its role in protecting privacy and its ongoing battle against opposition from governments and institutions have made it a hot topic. However, things took a small dip when there were reports refuting the rumors about the Bitcoin ETF’s approval, with outlets like BlackRock denying the claims.

Bitcoin is presently trading at a bit over $28,000. It’s sitting comfortably above its 10-day Moving Average, and it’s just a tad higher than its 200-day Moving Average. This is generally seen as a positive sign for Bitcoin’s upward movement.
Considering the current trend, if Bitcoin can maintain its position above the resistance point of $29,029.85, it might aim for the $31,600.32 price level. On the other hand, if Bitcoin’s value drops below its support level of $23,888.91, it could slide further down to $21,318.44.
Ethereum (ETH) Balance: Toggling Between Stillness and Vigor
Ethereum is preparing for significant alterations. Vitalik Buterin, its creator, has introduced a unique two-tiered staking system with the potential to reshape Ethereum fundamentally by enhancing efficiency and decentralization.
In recent months, Ethereum’s staking rewards have decreased from over 5% to 3.5%. However, the Ethereum validator queue is also getting shorter, indicating a possible reduction in mainnet activity, at least for the near future.

At the moment, Ethereum is trading at approximately $1,500. It’s currently below both its short-term Moving Average (around $1,576) and long-term Moving Average (around $1,793), suggesting possible short-term bearish pressure.
If Ethereum can break through its initial resistance level at $1,794, it may aim for the next resistance point at $1,956. Conversely, if Ethereum falls below its main support level at $1,470, the next potential support is at $1,308.
Cardano (ADA) – Balancing Bullish Trends and Bearish Pressures
Cardano’s founder, Charles Hoskinson, recently talked about conspiracy theories related to the XRP community and claims of Ethereum’s influence on the SEC. He rejected these allegations and stressed the importance of basing opinions on concrete evidence rather than speculations.

Cardano (ADA) is currently trading in the range of $0.2409 to $0.2630. It’s just above its 10-day Moving Average at $0.2499, suggesting some mild bullish momentum in the short term. However, it’s notably below its 200-day Moving Average at $0.3135, indicating a bearish trend in the longer term.
If ADA can break through its first resistance at $0.2721, there’s potential for it to reach the next resistance at $0.2942. This would be more likely with positive news or developments in the Cardano ecosystem.
On the flip side, if ADA drops below its immediate support at $0.2279, it could target the second support level at $0.2058. If it breaks below this level, especially with negative market news, it might raise concerns for ADA holders.
$BTC $ETH $ADA

NFTs, or non-fungible tokens, have taken the world by storm in recent years. These digital assets are unique and cannot be replaced, making them highly valuable to collectors and investors. While there is no guarantee of becoming wealthy from NFTs, there are a few things beginners can do to increase their chances of success.Step 1: Understand the basics of NFTsBefore you can start investing in NFTs, it's important to understand the basics. Here are a few key things to know:NFTs are digital assets that are stored on a blockchain. A blockchain is a distributed ledger that is used to record transactions in a secure and transparent way.NFTs can represent anything from digital art and collectibles to in-game items and real estate.NFTs are unique and cannot be replaced. This is because each NFT is assigned a unique identifier on the blockchain.NFTs can be bought and sold on NFT marketplaces. These marketplaces allow buyers and sellers to connect and trade NFTs.Step 2: Do your researchOnce you understand the basics of NFTs, it's time to start doing your research. This involves identifying projects that you believe have the potential to grow and succeed. Here are a few things to consider when doing your research:The team: Look at the team behind the project. Are they experienced and knowledgeable? Do they have a good track record?The community: Look at the community around the project. Is it active and engaged? Are there a lot of people who are excited about the project?The utility: What utility does the NFT offer? Is it simply a collectible, or does it have some other use case?Step 3: Build a budgetOnce you've identified some projects that you're interested in, it's time to build a budget. NFTs can be expensive, so it's important to only invest what you can afford to lose.Step 4: Create a crypto walletTo buy and sell NFTs, you'll need a crypto wallet. This is a digital wallet that allows you to store your cryptocurrency and NFTs. There are many different crypto wallets available, so do some research to find one that's right for you.Step 5: Fund your crypto walletOnce you've created a crypto wallet, you'll need to fund it with cryptocurrency. You can do this by buying cryptocurrency from an exchange or by receiving it from someone else.Step 6: Connect your crypto wallet to an NFT marketplaceOnce your crypto wallet is funded, you can connect it to an NFT marketplace. This will allow you to buy and sell NFTs on the marketplace.Step 7: Start buying and selling NFTsOnce your crypto wallet is connected to an NFT marketplace, you can start buying and selling NFTs. Be sure to do your own research and only invest in projects that you believe in.Guides for successHere are a few tips to increase your chances of success when investing in NFTs:Be patient: It takes time for NFT projects to develop and succeed. Don't expect to get rich quick.Do your own research: Don't invest in NFTs simply because other people are doing it. Make sure you understand the project and believe in its potential.Diversify your portfolio: Don't put all your eggs in one basket. Invest in a variety of different NFT projects to reduce your risk.Have fun! NFT investing should be enjoyable. If you're not having fun, you're less likely to stick with it.Additional Guides for beginnersStart small: Don't invest too much money in NFTs until you have a better understanding of the market.Join a community: There are many online and offline communities where NFT enthusiasts can connect and share information. Joining a community can help you learn more about NFTs and make informed investment decisions.Be wary of scams: There are many scams in the NFT space. Be careful who you trust and never give out your personal information or crypto wallet seed phrase.ConclusionNFT investing is a risky but potentially rewarding endeavor. By following the tips above, beginners can increase their chances of success. Just remember to be patient, do your research, and diversify your portfolio.#BinanceSquare #trading #NFT #trading

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Binance CEO Changpeng Zhao anticipates Bitcoin (BTC) hitting new all-time highs following the April 2023 halving. However, he cautions against succumbing to fear of missing out (FOMO) prematurely. CZ highlights recurring trends during BTC halvings, such as hype, heightened expectations, and market volatility.He emphasizes that BTC’s price won’t skyrocket overnight but will undergo adjustments and consolidation. CZ also points out that historically, about a year after the halving, BTC achieves multiple all-time highs, as was the case after the May 2020 halving when it surged from $8,000 to $29,000 in early 2021.
Binance’s CEO Changpeng Zhao is keeping a close watch on the upcoming Bitcoin halving, which is set for April 25 next year. He believes that BTC could reach new record highs following the event but offers some non-financial advice for those who might experience FOMO (fear of missing out) too early.
Recently, Binance added a countdown to the Bitcoin halving on its homepage. In response, CZ shared his thoughts on what might occur around the halving, drawing from his experience with the past three halvings.
Although it’s important to remember that history doesn’t guarantee the future, CZ pointed out the typical patterns leading up to the BTC halving:
The Bitcoin halving tends to create a lot of excitement and stress for investors and the crypto community in general. News, hype, anxiety, hope, and social media narratives can magnify bullish or bearish feelings among investors.
Beware of Overextending
Users might be tempted to increase their Bitcoin holdings or make big bets in anticipation of significant gains. However, CZ issues a warning that the crypto market can be highly unpredictable, and it’s crucial to remember that Bitcoin’s price won’t double overnight. Instead, the halving sets off a series of adjustments and price consolidation.
CZ suggests that it’s usually about a year after the halving when Bitcoin can achieve multiple All-Time Highs (ATHs). For instance, after the last halving in May 2020, Bitcoin was priced at around $8,000. It wasn’t until the first quarter of 2021 that BTC started experiencing several ATHs. This began in January with a remarkable 231% surge, ultimately reaching $29,000.
Bitcoin’s Price History
BTC’s Post-Halving Performance: CZ pointed out that in the year following the halving, Bitcoin often reached multiple All-Time Highs (ATHs). He acknowledged that people might wonder why this happens, emphasizing that human memory tends to be short. However, he cautioned that this historical pattern doesn’t guarantee future outcomes.
BTC’s Recent Recovery: Even with the various challenges and a generally bearish sentiment in the crypto market, Bitcoin managed to bounce back. It went from an average price of around $16,500 in January 2023 to $27,545 at the time of this statement, marking a significant 66% price increase.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.