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.
Will APE extend its rally despite an impending token unlock?
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.
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.
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.
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.
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.
Surge in Whale Activity: Several altcoins, including ApeCoin (APE), SushiSwap (SUSHI), and Treasure DAO (MAGIC), have experienced a significant rise in whale transactions. According to Santiment, these cryptocurrencies have seen a marked increase in large trades, indicating potential price shifts that may go against their recent patterns.
Bitcoin (BTC) has rocketed by almost 10% in the past 24 hours and has just set a new all-time high of $74,730, as Republican candidate Donald Trump took an early lead in the presidential elections.
ApeCoin (APE) faces strong downward pressure, with several indicators signaling potential further declines. The 7-day MVRV suggests recent buyers are mostly at a loss, which hints at undervaluation but leaves room for additional downside.
In a recent court decision, Aurelien Michel, creator of the “Mutant Ape Planet” NFT collection accused of defrauding investors, has avoided prison but will forfeit over $1 million as part of his sentence.
In an interesting development, the creator of the fraud NFT collection “Mutant Ape Planet” Aurelien Michel is set to avoid a prison sentence following a recent court ruling. However, the defendant has been ordered to forgo over $1 million as punishment for conducting a rug pull.
Michel sentenced for defrauding investors through Mutant Ape Planet NFTs. Court ordered $1.4 million forfeiture and a $15,000 fine.
Mutant Ape Planet creator Aurelien Michel pleaded guilty to defrauding investors and avoided a prison sentence.
The Nairobi Securities Exchange has joined the Hedera Council to accelerate tokenization initiatives in Africa, leveraging the Hedera network's technology and global reach. Expediting Uptake of Digital Assets Kenya's main securities exchange, the Nairobi Securities Exchange (NSE), has joined the Hedera Council to accelerate tokenization initiatives using the Hedera network.
ApeCoin is holding steady at the crucial $1 support level, fueling speculation on whether the bulls are ready for a comeback as it maintains its position above this key mark. Recent bearish pressure has driven the token to a point where a recovery might be on the horizon, yet the critical question is: can buyers defend this level and push prices higher?
Bitcoin (BTC) is teasing a record high after it peaked at $73,464 on October 30, bringing it within touching distance of its all-time high of $73,750. However, the cryptocurrency has registered a marginal decline during the ongoing session and is trading just above $73,200.
A new era for Hedera? HBAR Foundation shakes hands with Chainlink's Scale program for a series of network tweaks.
In a major step towards advancing Africa's financial infrastructure, the Nairobi Securities Exchange (NSE) has teamed up with Hedera, aiming to drive tokenization efforts within Kenya and across the continent. Leveraging Hedera's distributed ledger technology (DLT), this partnership seeks to streamline trading and remittances through a secure, efficient digital asset platform.
Earlier today, the Hedera team announced that the Nairobi Securities Exchange (NSE) has joined the Hedera Council to accelerate tokenization initiatives.
The Nairobi Securities Exchange has partnered with Hedera to drive tokenization initiatives in Kenya, modernizing financial infrastructure and providing a platform for secure trading of digital assets and innovative financial products. The post Nairobi Securities Exchange (NSE) Partners with Hedera to Drive Tokenization in Kenya appeared first on Cryptonews.
HBAR Foundation has joined the Chainlink ecosystem through Chainlink's scale program. The collaboration will see the integration of Chainlink Data Feeds and Chainlink CCIP on the Hedera testnet to give developers the diversified services required to build feature-rich dApps.
Chainlink (LINK) price has experienced a noticeable price surge, driven largely by a new collaboration with the HBAR Foundation on the Hedera blockchain. The integration of Chainlink's data and interoperability services through Chainlink Scale will expand access for developers and provide Hedera-based decentralized applications (dApps) with essential resources.
Here is how some of your favorite assets concluded the week.
Altcoins outperformed this week as BTC traded in a tight range.
ApeCoin (APE) price has surged 63.86% in the last seven days, but major holders remain skeptical. The number of wallets holding between 1 million and 10 million APE has dropped consistently since October 19.
Apecoin has experienced a strong upswing over the past month. However, dormant wallets are on the move and prices have tumbled.
ApeCoin's ApeChain launch started a huge rally for APE price but now BAYC's gamble appears to have flopped as new meme coin steals spotlight – lets check it out.