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.

Hedera has emerged as a popular destination for projects intending to migrate.

Hedera's utility cases grow as the distributed ledger tech attracts institutions. HBAR price appreciation to follow?

Prove AI AG, a provider of AI governance solutions, has announced a strategic shift to build its flagship product exclusively on the Hedera network. This transition is meant to improve the governance of AI through providing unquestionable, secure handling of the training data of AI.

NEAR Protocol was also among the underperformers, falling 2.9%.

Hedera faces short-term challenges, but its long-term potential remains promising.

Uniswap also joined Hedera as an underperformer, falling 3.9%.

Bitcoin (BTC) has continued its impressive performance this week, going past $67,000 after an increase of almost 3% over the past 24 hours and almost 8% over the past week, as the crypto market continues its impressive recovery.

Sporting league, Karate Combat will introduce a new LL2 blockchain platform on Hedera.

Key Points:

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.

The first US HBAR Trust went live recently, sparking discussions over a potential Hederal ETF launch. The launch of the Bitcoin and Ethereum Spot ETF in the US has fueled discussions over which altcoins will be there in line to witness an ETF launch in the same market.

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.