Crypto prices for some coins rose sharply as the cryptocurrency market experienced notable gains on Friday, October 11. Bitcoin reclaimed $62k and most top altcoins traded higher, with notable surges for Ethena and Celestia.

Karate Combat, a web3 professional strike league, is set to launch its layer-2 blockchain network on Hedera. In an announcement on Oct.

Hedera, a proof-of-stake platform, wasn't spared from aggressive bears in early October. After HBAR, its native token, floated higher in September, the rejection of bulls in early October resulted in a double top.

Crypto analyst Egrag has once again shared a bullish analysis of Hedera Hashgraph (HBAR), predicting a potential 30x increase (2,900%). His latest chart analysis (HBAR/USD) presents a view where HBAR stands in the current market cycle, highlighting key Fibonacci retracement levels and critical price points that could guide HBAR's movement in the months ahead.

The first-ever HBAR trust fund in the States puts Hedera's native crypto within reach for top-notch institutional investors.

TL;DR Canary Funds launches Canary HBAR Trust in the U.S., providing institutional investors with a regulated avenue to acquire Hedera's native token, HBAR, and paving the way for future HBAR ETFs. HBAR gains traction due to its support for asset tokenization, Web3 applications, and NFTs, with the Hedera Foundation emphasizing the potential for increased institutional investment opportunities.

Hedera's recent rally has positioned it near key resistance—can bulls maintain the momentum or is a pullback imminent?

Latest updates on HBAR, SEI, and CELO coins.

Canary Funds has launched an investment vehicle called Canary HBAR Trust in the United States to give institutional investors access to HBAR. The investment vehicle is part of Canary Fund's objective to pave the way for HBAR exchange-traded funds (ETFs).

Canary Capital has introduced the U.S.'s first HBAR Trust, expanding crypto options for institutional investors. This move offers institutional investors access to Hedera's (HBAR), the native crypto of the Hedera network.

HBAR poised for 65% gains with rising dominance, whale activity, and liquidity.

The cryptocurrency market remains a mix of volatility and opportunity. While Bitcoin struggles to maintain its momentum against the 200-day moving average, several altcoins are displaying notable strength.

HBAR demonstrates signs of renewed interest after retesting long-term support level that has historically yielded over 100% gains.

The market capitalization of the HBAR token stands at $2.14 billion, making it the 43rd-largest digital asset on CoinMarketCap.

The Hedera price has gained quite a momentum over the past few days, where the value has surged 14% over the week. Even today, the price is on the rise, as it is currently trading at $0.05695 after a 2.7% surge and market capitalization of $2,142,862,094, which is also up by 4.4%.

As Bitcoin bears continue to defend the resistance at 200-day MA, some altcoins display strength. Ethereum trades at $2,612 while the BinanceCoin price crosses $600. Besides, Solana, XRP, Dogecoin, and Cardano consolidate below their respective resistances at $150, $0.6, $0.12, and $0.4.

The HBAR community is hyped over Hedera's cryptic Renaissance upgrade: a move to flip the script for HBAR?

Hedera (HBAR) is trading around $0.0487, which reflects a minor decline of approximately 1.80%. In the broader context of the cryptocurrency market, there are signs of recovery, particularly as Bitcoin approaches the $59,000 mark.

Hedera Hashgraph has announced the launch of its new open-source Asset Tokenization Studio (ATS), an all-in-one toolkit for tokenizing real-world assets (RWAs).

TL;DR Hedera has launched the “Asset Tokenization Studio,” an open-source tool designed to optimize the issuance, management, and trading of tokenized bonds and equities. The toolkit keeps all asset details securely on the blockchain, reducing risks compared to off-chain systems.

The users of the Studio will be able to trade tokenized bonds and securities and manage them securely on-chain, reducing the risks associated with off-chain management in the ERC-1400 standard, the unified standard for security tokens.

Key Points:

Hedera's new toolkit could significantly boost the adoption of on-chain asset tokenization, enhancing security and compliance in capital markets. The post Hedera unveils new toolkit for on-chain asset tokenization appeared first on Crypto Briefing.

Hedera market has recently entered a downtrend following a brief recovery. Hedera price is currently undergoing a market correction.

The MiCA Crypto Alliance launched today with key blockchain players Ripple, Hedera, and Aptos Foundation joining as founding members.

DLT Science Foundation (DSF), a non-profit organization formed in 2023, has launched the MiCA Crypto Alliance in partnership with Ripple, Aptos Foundation, and Hedera. The initiative seeks to enable crypto entities to comply with the European Union's Markets in Crypto Assets (MiCA) regulation.

The Linux Foundation Decentralized Trust will incorporate all of Linux's decentralized projects in one place, including all of Hyperledger.

The Linux Foundation Decentralized Trust is a foundation that will incorporate all of Linux's decentralized projects in one place, including all of Hyperledger.

TL;DR Hedera becomes a founding member of LF Decentralized Trust, the Linux Foundation's new home for decentralized technologies. The platform has donated its complete source code, including the hashgraph consensus algorithm, to the Hiero project. Hiero will be managed by the LF Decentralized Trust and will foster an open source ecosystem, supporting key Hedera applications.

The DLT Science Foundation (DSF) announced the launch of the MiCA Crypto Alliance on Sept. 16, with Hedera, Ripple, and the Aptos Foundation as founding members, according to a statement shared with CryptoSlate.

Project Hiero will oversee and advance the creation of diverse dApps and technologies, including tools like digital wallets, decentralized exchanges (DEXs), and advanced cryptographic solutions.

Hedera Hashgraph LLC has contributed its entire Hedera blockchain network codebase to Linux Foundation's newly launched Decentralized Trust initiative, signalling Hedera's commitment to open-source development. However, despite the significance of the announcement, Hedera's native token, HBAR, continues to trend downwards hitting a low of $0.04929 earlier today.

Hedera has just announced that it has become a member of the Linux Foundation by contributing the entire source code.

This move is all about helping developers from around the globe work together on new technology. By becoming a founding member of the Linux Foundation's Decentralized Trust initiative, Hedera is taking a big step towards open-source collaboration.

Blockchain ecosystem Hedera Hashgraph has joined the Linux Foundation, contributing its entire source code, which will be hosted as the Hiero project.

Hedera shifts toward open-source decentralization, transferring its codebase to Linux Foundation's Decentralized Trust for global collaboration.

A bumpy road ahead for HBAR: can Hedera Hashgraph overcome the reputational hit after the BlackRock scandal?

The news comes just eight months after Tune.FM shared it had raised $20 million in a funding round.

HBAR is navigating a period of correction, influenced by a falling channel pattern observed over the past five months. Currently, the cryptocurrency is facing resistance at a key level of $0.056.

Cardano's development team, Input Output (IOHK), and decentralized network Hedera have become founding members of the Decentralized Recovery Alliance (DeRec Alliance).

Input | Output, the research and engineering entity behind Cardano, along with Hedera, have been named the final founding members of the Decentralized Recovery (DeRec) Alliance, a new coalition aimed at fostering interoperability and enhanced security across the crypto industry.

Story Highlights The live price of Hedera crypto is . HBAR price could end the trade for 2024 with a potential high of $0.065. By the end of 2030, the predicted Hedera price could soar to a peak of $0.859.

Cardano developer Input Output and Hedera are the latest cryptocurrency entities to join the Decentralized Recovery Alliance as founding members. The alliance announced on Sept.

The collaboration among these blockchain entities could significantly enhance digital asset recovery, promoting broader crypto adoption and security. The post Cardano's IOHK, Hedera join Ripple, Algorand Foundation as founding members of Decentralized Recovery Alliance appeared first on Crypto Briefing.

The Decentralized Recovery (DeRec) Alliance Research has welcomed its final Founding Members: research and engineering company and Cardano developer Input|Output, as well as the open-source, proof-of-stake network Hedera.

Cardano and Hedera join the Decentralized Recovery Alliance alongside Ripple and Algorand to shape the future of crypto security standards.

Polkadot gained 2.6% while Hedera rose 2.4%, helping push the index higher.