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In a proposed final judgment filed on Monday, the SEC asked Judge Analisa Torres to approve the almost $2 billion fine. At issue in the SEC’s proposed final judgment is the direct sales to institutional investors.
APT, the native token for the Aptos blockchain, rose by more than 15% and hit a new all-time high of $18.78 on Tuesday.The token’s market capitalization neared $7.4 billion.
As the Bitcoin market hits resistance at a new ATH of $73k, the Long-Term Holder cohort have ramped up their overall distribution pressure. The market is currently seeing over $2.6B/day in realized profit, as investors start to take chips off the table.
BlackRock’s planned tokenized fund launch “brings legitimacy” to public smart contract chains like Ethereum, according to analysts at Bernstein. BlackRock unveiled the BUIDL tokenized private equity fund earlier this month, deepening its foray into digital assets after launching a spot bitcoin ETF.