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.
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.
The Maker (MKR) token has seen a notable surge in whale activity, with large transactions jumping by a staggering 1,400%. Despite this increase in large-scale transactions, technical indicators and on-chain metrics are sending mixed signals about the future direction of MKR's price.
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.
Bitcoin (BTC) hit a new all-time high of $94,041 after BlackRock, the world's largest asset manager, officially launched the iShares Bitcoin Trust ETF (IBIT) for options trading. However, it declined after reaching this level and is currently trading at $92,114, up almost 1% over the past 24 hours.
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 Chinese giant Alibaba Cloud announced a partnership with MultiversX (EGLD), while Alibaba (NYSE: BABA) published Q3 2024 earnings results. This partnership starts as EGLD strongly enters the Asian market with an UpBit listing and notable mentions in the media.
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.
Maker's exchange reserve and exchange supply ratio hits a yearly high signaling potential correction.
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.
Elrond (now rebranded as MultiversX) has continued to make strides as a scalable and secure blockchain platform for decentralized applications (dApps) and decentralized finance (DeFi). With its focus on high-speed transactions, low-cost operations, and interoperability, the platform has garnered considerable attention from both investors and developers.
ICP's bullish momentum may help it break out on the charts soon.
Cardano (ADA) is up 15% in the past 24 hours to lead top gainers among the 100 largest crypto coins by market cap. Meanwhile, as Bitcoin price eyes the potential to flip to new highs after hitting $77k. Elsewhere, several altcoins look poised to tap the upside momentum.
Maker (MKR), the governance token of the MakerDAO ecosystem, has been showing impressive upward momentum, recently breaking out of a long-standing bearish pattern. Despite its 11.20% surge in the past 24 hours, reaching $1,416.32, the cryptocurrency faces some resistance and market dynamics that could limit its progress in the short term.
Internet Computer (ICP) and Chainlink (LINK) are leading the crypto sector with “historic rates” of recent development activity, according to the digital asset analytics firm Santiment. Santiment notes that Internet Computer, a cloud-focused public decentralized network, clocked 829 notable GitHub events in the past 30 days.
The DeFi project Sky has retained its new brand identity rather than revert to MakerDAO following a community vote. Polling data revealed that 79.3% of votes supported maintaining the Sky brand as the core protocol name.
Bitcoin (BTC) surged to a new all-time high, reaching $76,943, only a couple of days after it smashed its previous all-time high of $76,191, as markets continued their upward trajectory following Donald Trump's victory.
Trader bids are fueling the uptrend, with a 13.67% rise in Open Interest to $120.30 million.
Sky's USDS is now the third-largest stablecoin, replacing the original DAI which held that position for years on the charts.
The Maker price has jumped ~10% over the past day, resulting in this altcoin successfully recording a bullish reversal. Moreover, with the technical sentiments and on-chain data favoring the project, the MKR coin hints at a promising bullish month.
The Internet Computer Protocol (ICP), the blockchain network designed for high-speed decentralized applications, has experienced a monumental rise in network activity, with its growth primarily driven by the expansion of its Chain Fusion interoperability protocol. However, despite the impressive rise in its ecosystem activity, the price of ICP has remained largely muted, following a broader market trend of consolidation in the latter half of 2024.
Despite the remarkable network growth in Internet Computer Protocol, ICP price remained muted.
Nvidia has surpassed Apple in market capitalization, reaching a historic $3.43 trillion valuation. This milestone is evidence of Nvidia's leadership in the artificial intelligence industry, which has also led to a significant increase in the number of AI themed cryptocurrencies.
The DFINITY Foundation, the Swiss-based organization behind the Internet Computer blockchain, has released its 2024 Ecosystem Report, highlighting significant growth in the blockchain's interoperability technology.
Early polling indicates MKR holders want to keep the SKY brand, though participation in the poll is still low.
Network activity across all Internet Computer protocols has increased 150% year-over-year, according to Dfinity.