The cryptocurrency market is buzzing as spot ETF applications for Solana (SOL), XRP, and Hedera (HBAR) progress, signaling a potential "altcoin season" where investors may expand their focus beyond Bitcoin and Ethereum. The post SOL, XRP, and HBAR To Pump Further As Road to ETFs Opens Up appeared first on Cryptonews.
Deribit has integrated Ethena Labs' USDe as a collateral asset.
TL;DR Hedera (HBAR) gained significant attention during the bullish crypto market of 2021, highlighting its potential as a major player in the blockchain space. Price predictions for HBAR from 2025 to 2035 vary, with some forecasts suggesting substantial growth and high returns, while others indicate periods of stabilization and correction.
TL;DR Deribit will integrate Ethena's stablecoin USDe into its cross-collateral system starting in January 2025, allowing rewards for its use in derivative trades. The adoption of USDe opens new opportunities for structured products within the derivatives ecosystem.
According to Deribit, the exchange will include USDe in its cross-collateral pool as of early January 2025, pending regulatory approval.
TIA's downward trajectory is becoming increasingly evident.
HBAR, OM, and APE are grabbing the spotlight as Binance unveils expanded trading pairs and Spot Algo services. Launching November 22, the announcement has market watchers eyeing a rally despite recent turbulence in token prices.
Crypto exchange behemoth Binance revealed an important update on tokens HBAR, APE, OM, RAY, FDUSD, TAO, and TURBO on Wednesday. Notably, the exchange revealed new listings and enhanced trade offerings for the mentioned tokens, expanding market support.
Hedera Hashgraph was one of the best-performing cryptocurrencies on Friday, November 15, as a popular crypto analyst made his bullish case. Hedera Hashgraph (HBAR) price rose to $0.
The build-up of liquidity at $0.07 was a sign of a potential price dip toward $0.06 before the upward move resumes.
With the altcoin market facing a minor pullback, HBAR price trend continues to sustain the bullish breakout rally. Surpassing a long-coming resistance line, the altcoin is heading towards the $0.10 psychological mark.
HBAR is struggling to exit its consolidation range as a bearish pullback triggered a surge in long liquidations.
The crypto prices today have illustrated a set of mixed actions, sparking investor speculations globally. Bitcoin (BTC) price reversed previous gains to rest at $88K, whereas Ethereum (ETH) and Solana (SOL) prices followed.
Since Donald Trump's win in the U.S. presidential race, the cryptocurrency market has been booming. It surged 30%, with the global market cap reaching a record $3 trillion, while Bitcoin reached a record-breaking $93k.
Hedera's HBAR token has recently surged, breaking through a critical year-long resistance trendline that had capped its growth. This breakout marks a potential turning point, suggesting that the altcoin could be poised for a significant recovery.
Crypto ETF landscape flourishes with new colors as Canary Capital mails an HBAR ETF application to the SEC.
Aptos and NEAR Protocol were the only gainers, each rising 1.7%.
The Hedera network has grown to a vibrant multi-chain Web3 ecosystem with over $53 million locked in the dozens of DeFi projects.
Celestia (TIA) has recently become one of the standout performers in the altcoin market, capturing the attention of investors and analysts alike. With a significant upward trajectory over the past week, TIA's price has seen a steady increase of over 22%, despite a minor setback of 3.45% in the last 24 hours.
The news of the filing had a positive impact on HBAR's price.
With the altcoin rally gaining momentum in the crypto market, the recovery run in HBAR price teases a trend reversal. Crossing the $0.050 psychological mark, the uptrend in Hedera reveals a massive upside.
Canary Capital, an asset management firm based in Nashville, has filed an S-1 form for an exchange-traded fund (ETF) focused on HBAR, the native cryptocurrency of the Hedera blockchain.
Canary Capital Group filed an S-1 registration statement on November 12 with the U.S. Securities and Exchange Commission for an HBAR ETF. The HBAR exchange-traded fund will track the native assets of the Hedera network.
TIA could reach $11.96 if it breaks through a critical resistance level, analysts suggest.
Canary Capital has made history by filing the first-ever spot ETF application for Hedera's HBAR token with the SEC, aiming to provide investors direct exposure to HBAR without using derivatives or futures. The post Canary Capital Files First-Ever Spot HBAR ETF Application with SEC appeared first on Cryptonews.
The asset manager has filed with the SEC to list and trade shares of spot Hedera, Solana, and XRP exchange-traded products.
It seems that the hype surrounding ETFs is back again following Donald Trump's comeback as another spot ETF filing was submitted after XRP. Canary Capital has submitted an S-1 registration with the U.S. Securities and Exchange Commission to launch the first-ever Hedera (HBAR) spot exchange-traded fund (ETF).
Crypto investment firm Canary Capital has submitted a proposal to the SEC for a Hedera HBAR spot exchange-traded fund (ETF), the first of its kind.
Applications for new altcoin exchange-traded funds (ETFs) have surged in recent months. Now, on November 13, an Hedera HBAR ETF S-1 form was filed with the US Securities and Exchange Commission (SEC) by crypto asset manager Canary Capital.
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Nashville-based asset manager Canary Capital filed an S-1 form for an exchange-traded fund (ETF) tied to HBAR, the native asset of the Hedera blockchain. The move comes weeks after Canary's filed for an HBAR trust and adds to its growing repertoire of applications for spot ETFs connected to Litecoin, XRP, and Solana.
Decentralized ledger platform Hedera has posted a solid set of third quarter (Q3) results, in line with broader market trends as the digital asset landscape enters a potentially transformative fourth quarter, providing insights into the future of its native token, HBAR. Hedera Achieves Record Revenue In Q3 Despite Price Corrections Delving into the data, Hedera's circulating market capitalization fell 21% quarter-over-quarter (QoQ) to $2.2 billion in Q3.
Canary Capital has officially filed an S-1 registration with the U.S. SEC for an exchange-traded fund centered on Hedera's HBAR token.
Canary Capital's HBAR ETF filing could accelerate mainstream crypto adoption, but regulatory hurdles may pose significant operational risks. The post Canary Capital files S-1 for Hedera HBAR spot ETF appeared first on Crypto Briefing.
Canary Capital has filed for a Hedera HBAR spot exchange-traded fund with the U.S. Securities and Exchange Commission
Investment management firm Canary Capitalhas filed application for HBAR ETF in yet another push for more crypto-based funds in the United States. While unexpected, the Canary HBAR ETF will mark the latest from the firm as it doubles down on the hype around the incoming Donald Trump administration.
Will this week's multi-million token unlocks spell trouble or opportunity for Celestia, Aptos & Solana custodians?
Bitcoin hit a new all time high but a price correction maybe due.
The price of Ethena (ENA), the native token of the Euler Labs platform, has surged dramatically by 41% in the past week, attracting the attention of investors and traders alike. This impressive rally has left many wondering: Could ENA be on track to hit $1?With recent bullish signals, growing market activity, and exciting developments from Euler Labs, Ethena's ENA token seems to be entering a promising phase.
New rewards could be in the works for Ethena token holders via Wintermute's governance proposal. Ethena Token Holders Set to Enjoy New Rewards Wintermute has suggested a governance change that would implement a “fee switch”, distributing a percentage of Ethena's (ENA) earnings directly to holders.
Ethena is a financial protocol built on the Ethereum blockchain, designed to provide a synthetic dollar solution that operates independently of traditional banking systems. Whale Accumulation- Recent activity from large investors (or whales) in Ethena (ENA) has greatly impacted its price.
To ensure sENA holders benefit from Ethena's revenue, Wintermute proposed a fee switch framework.
Celestia's TIA (a digital asset that's caught the attention of many investors recently) has been showing signs of a comeback after a tough month of losses. However, even as some market indicators point to positive movement, a rising trend of profit-taking by traders could threaten TIA's rally, creating uncertainty about its future price trajectory.
TL;DR Wintermute has proposed a governance change to reward Ethena (sENA) token holders by introducing a “fee switch” to allocate a portion of Ethena's revenue directly to them. The proposal aims to ensure a fair distribution of Ethena's revenue, addressing the gap between the protocol's financial performance and the benefits for staked token holders.
The Ethena community is currently reviewing a proposal from crypto market maker Wintermute to activate a fee switch within the protocol. In the Nov. 6 proposal, Wintermute highlighted the lack of clarity regarding the revenue distribution for Ethena's ENA token.
The probability of a strong altseason has increased as the Bitcoin price has risen. Moreover, the growing Bitcoin dominance fueled the expectation, which appears to become viable as the altcoins continue to gain strength. Presently, the dominance has reached levels around 60% from where the famous 2021 bull run was instigated.
ENA is flashing bullish signals, but how far can these signals take it?
Wintermute's proposed solution is to activate a “fee switch”, which would allocate a portion of Ethena's revenue directly to sENA holders.