22nd April 2024 > > Aptos & the halving.

tl;dr

TradFi and DeFi. Some halving stuff.

Market Snap

Market Wrap

Friday saw a net inflow to the ETFs reversing the week’s trend. Today’s bright start is due to that, not the halving, in my opinion, but there are plenty who disagree with me as always.

Curious Cryptos’ Commentary – Aptos

Aptos Labs is the creator of Aptos Layer-1 blockchain by its own coin, APT. Not yet in the CC Treasury, developments like the one below help to raise its investment case.

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Aptos Labs has announced a partnership with Brevan Howard, Microsoft, and SK Telecom to allow traditional institutions to access DeFi protocols.

Key to the set-up will be a suite of tools to ensure compliance with KYC and AML rules and regulations. Co-founder and CEO Mo Shaikh elaborates for us:

“In collaboration with SKT, Brevan Howard and Microsoft, Aptos Ascend will provide the world’s financial institutions, banks, and tech-forward money markets with a performant, compliant, secure, and scalable gateway to decentralized finance on Aptos that will evolve for years to come.”

TradFi wants access to DeFi, and it is going to get it.

Curious Cryptos’ Commentary – Some halving chitter chatter

The halving continues to be a subject for discussion. This analysis is far from atypical:

“First halving (November 2012)

-          Price at halving: $12.5

-          Price after 180 days: $150

-          Price after 400 days: $1200 (the peak)

Second halving (January 2017)

-          Price at halving: $630

-          Price after 180 days: $1200

-          Price after 400 days: $5000

-          Price after 520 days: $20,000 (the peak)

Third halving (May 2020)

-          Price at halving: $8500

-          Price after 180 days: $16000

-          Price after 400 days: $35000

-          Price after 550 days: $68000 (the peak)

Fourth halving (current one, April 2024)

-          Price at halving: $64000

-          After 180 days (15 October 2024), if it doubles like the previous two halvings, it will be at $128,000

-          After 400-600 days (May-December 2025), Random predictions for this, i guess $200K to $300K is on the table”