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How To Give Bitcoin Or Another Cryptocurrency As A Gift Using BitCard

27 Jan 2023

During the past 30 days, the layer one blockchain asset aptos (APT) has risen 391.8% against the U.S. dollar. In the past seven days, Aptos has increased 123.7% after reaching an all-time high of $19.92 per unit on Jan. 26, 2023.

A relatively new cryptocurrency, aptos (APT), reached an all-time high on Thursday when the token hit $19.92 per coin. Aptos, which launched in mid-Oct. 2022, was created by two developers who previously worked on Meta’s Diem project before it was discontinued. The project is also supported by several venture capital firms including Parafi, Andreessen Horowitz, and Multicoin Capital.

When the mainnet went live and aptos (APT) started trading, the price increased about 20%. However, like the rest of the cryptocurrency market during the last two months of 2022, the value of aptos dropped. On Dec. 29, 2022, aptos reached an all-time low of $3.08 per coin. As of Jan. 27, however, the value of APT is 474% higher. Today, aptos’ value is around 11% lower than its all-time high of $19.92 per coin, and in the past 24 hours, APT reached a low of $17.37 per unit.

Crypto Asset Aptos Soars to All-Time High, Increasing 391% in 30 Days

Currently, APT is the 28th largest cryptocurrency in terms of market capitalization out of the entire $1 trillion cryptocurrency market. On Friday, aptos had an overall market capitalization of around $2.83 billion. At the time of writing, aptos has a circulating supply of around 160.54 million APT tokens and in the last 24 hours, the token has seen $813 million in global trading volume. While some traders attempted to short the market during the climb in value, many were ultimately unsuccessful.

“I got completely wiped out,” one trader wrote on Wednesday. “I never short, today I decided to do it and I lost everything. I committed to my APT short and got destroyed. I’m left with nothing, even my bags I sold trying to save that f***ing short. It hurts, I’ve never lost so much in my entire life,” the trader added.

The recent surge in aptos (APT) is being attributed to its deployment by the leading decentralized exchange Pancakeswap. Aptos’ total value locked (TVL) in decentralized finance (defi) has climbed rapidly in recent weeks, with Pancakeswap accounting for 57.62%.

The price rise is also being credited to the blockchain’s issuance of non-fungible tokens (NFTs) and NFT projects like Aptos Land Genesis, Aptos Monkeys, Babyapetos, and Aptopunks. Aptos-based NFTs are seeing significant trading activity on the NFT marketplace topaz.so. Furthermore, APT has also been recently integrated with Atomic Wallet, a defi Web3 wallet with more than 5 million users.

What do you think is driving the recent surge in aptos (APT) and do you think it has the potential to continue its upward trend? Let us know your thoughts in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Tony Hawk's Latest NFTs to Come With Signed Physical Skateboards

Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs ... read more.

During the past 30 days, the layer one blockchain asset aptos (APT) has risen 391.8% against the U.S. dollar. In the past seven days, Aptos has increased 123.7% after reaching an all-time high of $19.92 per unit on Jan. 26, 2023.

A relatively new cryptocurrency, aptos (APT), reached an all-time high on Thursday when the token hit $19.92 per coin. Aptos, which launched in mid-Oct. 2022, was created by two developers who previously worked on Meta’s Diem project before it was discontinued. The project is also supported by several venture capital firms including Parafi, Andreessen Horowitz, and Multicoin Capital.

When the mainnet went live and aptos (APT) started trading, the price increased about 20%. However, like the rest of the cryptocurrency market during the last two months of 2022, the value of aptos dropped. On Dec. 29, 2022, aptos reached an all-time low of $3.08 per coin. As of Jan. 27, however, the value of APT is 474% higher. Today, aptos’ value is around 11% lower than its all-time high of $19.92 per coin, and in the past 24 hours, APT reached a low of $17.37 per unit.

Crypto Asset Aptos Soars to All-Time High, Increasing 391% in 30 Days

Currently, APT is the 28th largest cryptocurrency in terms of market capitalization out of the entire $1 trillion cryptocurrency market. On Friday, aptos had an overall market capitalization of around $2.83 billion. At the time of writing, aptos has a circulating supply of around 160.54 million APT tokens and in the last 24 hours, the token has seen $813 million in global trading volume. While some traders attempted to short the market during the climb in value, many were ultimately unsuccessful.

“I got completely wiped out,” one trader wrote on Wednesday. “I never short, today I decided to do it and I lost everything. I committed to my APT short and got destroyed. I’m left with nothing, even my bags I sold trying to save that f***ing short. It hurts, I’ve never lost so much in my entire life,” the trader added.

The recent surge in aptos (APT) is being attributed to its deployment by the leading decentralized exchange Pancakeswap. Aptos’ total value locked (TVL) in decentralized finance (defi) has climbed rapidly in recent weeks, with Pancakeswap accounting for 57.62%.

The price rise is also being credited to the blockchain’s issuance of non-fungible tokens (NFTs) and NFT projects like Aptos Land Genesis, Aptos Monkeys, Babyapetos, and Aptopunks. Aptos-based NFTs are seeing significant trading activity on the NFT marketplace topaz.so. Furthermore, APT has also been recently integrated with Atomic Wallet, a defi Web3 wallet with more than 5 million users.

What do you think is driving the recent surge in aptos (APT) and do you think it has the potential to continue its upward trend? Let us know your thoughts in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Tony Hawk's Latest NFTs to Come With Signed Physical Skateboards

Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs ... read more.

Polygon rose to its highest level since early November on Friday, as markets reacted to the latest U.S. consumer sentiment data. Sentiment rose to 64.9 in January, up from a reading of 59.7 in December. Chainlink also surged in today’s session, hitting its strongest point in nearly two months.

Polygon (MATIC) was a big gainer on Friday, as prices rose to their highest point in 11 weeks.

Following a low of $1.07 on Thursday, MATIC/USD raced to an intraday peak of $1.15 earlier today.

As a result of this, polygon moved to its strongest point since November 11, which is the last time prices were trading at this point of resistance.

Looking at the chart, the surge took place when the 14-day relative strength index (RSI) broke out of a ceiling at 69.00.

As of writing, the index is tracking at 72.14, and appears to be en route to a ceiling at the 77.00 mark.

Should this occur, there is a strong possibility that MATIC will be trading above the $1.20 mark.

Another notable mover on Friday was chainlink (LINK), which also surged to a multi-month high.

LINK/USD jumped to a high of $7.33 earlier in the day, which comes less than a day after falling to a low of $6.93.

This rally in price pushed chainlink to its highest point since December 5, breaking it out of a price ceiling in the process.

As can be seen from the chart, LINK climbed past its resistance level of $7.25, however the RSI was unable to also achieve this feat.

Price strength is currently at a reading of 64.15, which is marginally below a ceiling at 65.00.

Register your email here to get weekly price analysis updates sent to your inbox:

Tags in this story
Analysis, Chainlink, LiNK, matic, Polygon

Do you expect chainlink to move towards $7.50 this weekend? Let us know your thoughts in the comments.

Eliman brings an eclectic point of view to market analysis. He was previously a brokerage director and online trading educator. Currently, he acts as a commentator across various asset classes, including Crypto, Stocks and FX, whilst also a startup founder.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament

A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market ... read more.

Polygon rose to its highest level since early November on Friday, as markets reacted to the latest U.S. consumer sentiment data. Sentiment rose to 64.9 in January, up from a reading of 59.7 in December. Chainlink also surged in today’s session, hitting its strongest point in nearly two months.

Polygon (MATIC) was a big gainer on Friday, as prices rose to their highest point in 11 weeks.

Following a low of $1.07 on Thursday, MATIC/USD raced to an intraday peak of $1.15 earlier today.

As a result of this, polygon moved to its strongest point since November 11, which is the last time prices were trading at this point of resistance.

Looking at the chart, the surge took place when the 14-day relative strength index (RSI) broke out of a ceiling at 69.00.

As of writing, the index is tracking at 72.14, and appears to be en route to a ceiling at the 77.00 mark.

Should this occur, there is a strong possibility that MATIC will be trading above the $1.20 mark.

Another notable mover on Friday was chainlink (LINK), which also surged to a multi-month high.

LINK/USD jumped to a high of $7.33 earlier in the day, which comes less than a day after falling to a low of $6.93.

This rally in price pushed chainlink to its highest point since December 5, breaking it out of a price ceiling in the process.

As can be seen from the chart, LINK climbed past its resistance level of $7.25, however the RSI was unable to also achieve this feat.

Price strength is currently at a reading of 64.15, which is marginally below a ceiling at 65.00.

Register your email here to get weekly price analysis updates sent to your inbox:

Tags in this story
Analysis, Chainlink, LiNK, matic, Polygon

Do you expect chainlink to move towards $7.50 this weekend? Let us know your thoughts in the comments.

Eliman brings an eclectic point of view to market analysis. He was previously a brokerage director and online trading educator. Currently, he acts as a commentator across various asset classes, including Crypto, Stocks and FX, whilst also a startup founder.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.

PRESS RELEASE. Three months since announcing its launch, Metaspins.com is rapidly flying into the crypto space. The new crypto casino offers players 100% crypto gameplay, a selection of over 2,500 games, and plenty of promotions which will keep its growing audience asking for more.

With quick signups and instant withdrawals an important part of its product offer, Metaspins supports numerous top cryptocurrencies such as BTC, ETH, LTC and many more. Registration typically takes one click, and transferring funds from crypto wallets to the casino is quite easy. Players can also buy and sell their crypto directly at the casino.

Moreover, new players can benefit from a 100% Welcome Offer that can go up to 1 BTC or equivalent in any of the supported currencies. The bonus funds can be used on thousands of games at the casino, which include top games from NetEnt, Yggdrasil, Pragmatic Play and all the top names of the gaming industry.

Metaspins guarantees its players a massive selection of slots, live casino and table games, and also features a section dedicated to provably fair games, which allow players to verify the fairness of their bets.

A highlight of Metaspins is undoubtedly their gamification and loyalty programme, with a custom-built feature to reward players. The Metaspin is triggered when players go up a level at the casino, and they’re rewarded with a guaranteed crypto prize.

Unlike traditional cashback schemes which offer players part of their losses, at Metaspins they can get up to 60% Rakeback, meaning they recoup part of the amount they have played. In addition to this, they can trigger a Big Win that can reach up to USD 1000 at the higher levels.

There is also a Daily Metaspin, which gives crypto prizes to players based on their gameplay over a 12-hour span.

Metaspins is licensed in Curacao. Affiliates interested in this crypto casino can get in touch here.

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework

Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)'s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real ... read more.

PRESS RELEASE. Three months since announcing its launch, Metaspins.com is rapidly flying into the crypto space. The new crypto casino offers players 100% crypto gameplay, a selection of over 2,500 games, and plenty of promotions which will keep its growing audience asking for more.

With quick signups and instant withdrawals an important part of its product offer, Metaspins supports numerous top cryptocurrencies such as BTC, ETH, LTC and many more. Registration typically takes one click, and transferring funds from crypto wallets to the casino is quite easy. Players can also buy and sell their crypto directly at the casino.

Moreover, new players can benefit from a 100% Welcome Offer that can go up to 1 BTC or equivalent in any of the supported currencies. The bonus funds can be used on thousands of games at the casino, which include top games from NetEnt, Yggdrasil, Pragmatic Play and all the top names of the gaming industry.

Metaspins guarantees its players a massive selection of slots, live casino and table games, and also features a section dedicated to provably fair games, which allow players to verify the fairness of their bets.

A highlight of Metaspins is undoubtedly their gamification and loyalty programme, with a custom-built feature to reward players. The Metaspin is triggered when players go up a level at the casino, and they’re rewarded with a guaranteed crypto prize.

Unlike traditional cashback schemes which offer players part of their losses, at Metaspins they can get up to 60% Rakeback, meaning they recoup part of the amount they have played. In addition to this, they can trigger a Big Win that can reach up to USD 1000 at the higher levels.

There is also a Daily Metaspin, which gives crypto prizes to players based on their gameplay over a 12-hour span.

Metaspins is licensed in Curacao. Affiliates interested in this crypto casino can get in touch here.

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Tony Hawk's Latest NFTs to Come With Signed Physical Skateboards

Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs ... read more.

PRESS RELEASE. As Bitcoin and crypto grows in its appeal and global use by individuals, businesses and merchants from all places and corners of the world, the desire for them also increases. Now, perhaps more than any other time in history, digital currencies like BTC, ETH and others, are in demand.

The internet has been actively progressing into underlying web 3 standards, and digital assets are increasingly utilized as the underlying money employed by various virtual platforms. The news and media are reporting about crypto more, people are becoming more aware, and therefore interest in crypto seems to be brewing, even as regulatory standards are being formed real-time.

As People Gain Understanding, Crypto Gains Further Adoption

As with all new concepts, as public education and awareness of cryptocurrencies steadily increases, fear and uncertainty around crypto is being settled for many. As a result, more people are becoming willing to interact with cryptocurrencies for their utility within digital ecosystems, trading, investing, alternative payment processing and more.

As more people and businesses begin using crypto themselves, they are also beginning to share them at a greater rate with others. Bitcoin gift cards have arisen as a popular method of sharing BTC and other popular cryptocurrencies with friends, family, co-workers, clients, staff and others.

Why Bitcoin Gift Cards Are Growing In Popularity

BTC gift cards have increased in their draw and popularity since first reaching the market in the early 2010’s. Now, with more than a decade on the market, gift cards with denominations redeemable in BTC, ETH, and even stablecoins like USDC others, the overall proposition has been implemented, and furthermore developed, by platforms like BitCard®.

BitCard® is a US-based BTC gift card distributor and B2B supplier that gives the end user several ways to take advantage of BTC gift cards for themselves personally, or to gift others individually, or even in an effort to build or expand existing loyalty and rewards programs. Over the last decade-plus several companies have looked for ways to implement gift cards purchased and furnished with digital assets to satisfy the desire many have to gift with alternative means than other traditional methods.

Additional Ways To Gift With Bitcoin And Cryptocurrency

While it isn’t very attractive in terms of the packaging, people can always elect to send cryptocurrency directly to others they wish to gift as an alternative to putting the crypto in gift card form. While it isn’t the most sophisticated way of giving, the desire to produce a gift that one has genuine interest in would be accomplished by such means.

In addition to sending BTC or other cryptos directly, crypto could also be put into other forms in order to accomplish the goal. NFTs and other on-chain digital assets can sometimes be relatively less-impacted by the volatility typically associated with the cryptocurrency market in general. This means that as Bitcoin price fluctuates, or any other associated digital asset, the value of the gift could remain at or near the original dollar value of the intended gift – or in some cases, increase.

Although it involves the same method of gifting with gift cards, some platforms such as BitCard® enable the end user to not only gift in physical cards but also digitally produced Bitcoin gift cards as well. While the effect may be different, particulars such as borderless, global and near-instant transmission could prove to be immensely beneficial in some instances.

More Than Gifting

Not only can crypto be loaded onto gift cards, but BTC and additional cryptocurrencies can also be implemented in customer loyalty, employee incentives, and other rewards programs. Even in this form, crypto could still be seen as a gift, as it is given to individuals, customers, clients or others as a reward, bonus, or incentive.

As cryptocurrency continues to be used on a global scale at an increased rate by businesses and individuals throughout the world, perhaps even more methods of gifting will be developed and one day become mainstream gifting alternatives. For now, crypto and BTC gift cards, crypto itself, crypto converted into other forms, and rewards, loyalties and incentives are the most popular ways to give the gift of crypto for most.

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Today's Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits

As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per ... read more.

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