Mark Yusko of Morgan Creek Capital Management, recently opened up about Trump's approach to cryptocurrencies, revealing that Trump and his son are heavily investing in assets like HBAR and XRP, which might be approved for ETFs next year. He also said that Trump is heavily investing in Bitcoin as well.
With Donald Trump's inauguration fast approaching, there are some cryptos that investors should be looking to have in their portfolio. This is based on the fact that these coins could record a two times increase in their price, considering the president-elect's pro-crypto stance.
Cryptocurrencies endured a bloodbath following the Fed's hawkish tone on Wednesday. Despite the expected 25 bp interest rate reduction, Jerome Powell plunged markets with negative remarks. Besides signaling a more cautious stance when navigating further policy rate adjustments, Powell dented the hopes of the highly-awaited Bitcoin Reserve.
Bitcoin (BTC) slumped below $100,000 after Federal Reserve Chairman Jerome Powell said the central bank is not allowed to own Bitcoin and is not looking for a law change.
ETFs are gaining traction in the financial world. These assets could soon take center stage in the race for crypto fund innovation.
The Hedera ecosystem is gaining momentum as EQTY Lab, Intel, and NVIDIA announce a AI verification solution, Verifiable Compute fuelling a projection HBAR price may rally to a new ATH. This launch marks a pivotal step in enhancing AI governance and trust while leveraging the Hedera network's enterprise-grade infrastructure.
Bloomberg analysts outline ETF approval timelines for Solana, Litecoin, and Hedera. Technical analysis highlights correction risks for SOL and HBAR, while LTC eyes a bullish breakout.
Hedera (HBAR) has established itself as one of the standout performers in the cryptocurrency market, trading at $0.29 at press time. The token's impressive rally has been fueled by robust ecosystem advancements and growing investor confidence, making it a focal point in the cryptocurrency market.
Will Solana and XRP face further delays despite growing interest in crypto ETFs?
Valour, the asset management business of DeFi Technologies, has launched its Hedera staking exchange-traded product on the Euronext Amsterdam. The ETP issuer announced on Dec.
Bloomberg analysts, including Eric Balchunas and James Seyffart, have speculated that Litecoin and Hedera are likely to see their ETFs approved before Solana and XRP.
XRP's status as a security and its inclusion in several pending lawsuits between the SEC and crypto firms could delay the approval of its ETFs until much later in 2025.
TL;DR Bloomberg analysts predict a significant surge in crypto ETFs in 2025, driven by changes in SEC leadership and growing market demand. The first wave of new crypto ETFs is expected to be led by Bitcoin and Ethereum, followed by Litecoin and Hedera, which have favorable regulatory positions.
As the markets are heading towards the end of the year, the volatility has increased as expected. Meanwhile, these levels favour both the bulls and the bears at frequent intervals, suggesting a particular pattern being formed within the markets.
The crypto investment landscape transforms as Bitcoin ETFs accumulate over $123 billion in assets since January approval, while analysts project a strategic expansion of crypto ETFs in 2025, potentially reshaping market dynamics.
The year 2024 is ending with Bitcoin touching the new ATH of $107K and maximum altcoins trading in green. Factors adding to this rally are major expectations of lower interest rate cuts in December, as it typically helped Bitcoin. Another factor that boosted this rally was the inclusion of MicroStrategy in the Nasdaq 100 index.
Bloomberg analysts forecast a wave of crypto ETFs, featuring XRP and Solana, in 2025 amid SEC changes and market shifts. The post Bloomberg analysts predict wave of crypto ETFs in 2025, targeting XRP, Solana, and HBAR appeared first on Crypto Briefing.
Bloomberg analysts Eric Balchunas and James Seyffart have predicted a surge in cryptocurrency exchange-traded funds in 2025.
A wave of cryptocurrency ETFs is expected to hit the market in 2025, with Litecoin (CRYPTO: LTC) and HBAR (CRYPTO: HBAR) possibly getting approved ahead of Solana (CRYPTO: SOL) and Ripple (CRYPTO: XRP), according to Bloomberg Intelligence ETF analyst Eric Balchunas.
Bloomberg analysts, including Eric Balchunas and James Seyffart, have predicted that the Litecoin and Hedera ETFs could launch before the Solana and XRP ETFs. These analysts also provided insights into why they hold such beliefs regarding the crypto ETF landscape.
The integration of the Hedera network with the Chainlink standard will enable the former to grow its DeFi ecosystem into a first class space to compete with other Layer One (L1) chains.
Hedera network has announced its integration with Chainlink's decentralized oracle solutions to transform decentralized finance (DeFi) and real-world asset (RWA) tokenization. This collaboration incorporates Chainlink's Data Feeds and Proof of Reserve into the Hedera ecosystem, introducing a secure, transparent, and decentralized data infrastructure for developers.
Hedera has adopted Chainlink's suite of smart data products to accelerate the growth of decentralized finance and tokenized real-world assets. The Hedera (HBAR) team announced on Dec.
A new data standard to ensure transparency and security in decentralized finance
TL;DR Hedera has integrated Chainlink standards, strengthening its capabilities in DeFi and tokenized assets through secure and scalable tools like Data Feeds and Proof of Reserve. Chainlink Data Feeds provide precise and decentralized data, improving reliability and reducing the risk of disruptions in applications.
Internet Computer joined Hedera as a top underperformer, declining 7.1%
Hedera has announced an integration with Chainlink's decentralized data infrastructure, bringing advanced capabilities to its network. This collaboration aims to enhance decentralized finance (DeFi) applications and the adoption of tokenized real-world assets (RWAs).
Altcoin has started December well, but is this form likely to continue?
Hedera's (HBAR) performance this year has been nothing short of impressive, with a 600% rally from its lows to a yearly high of $0.392. However, after hitting an overheated RSI of 88 (weekly) and 93 (4-hour), a 40% correction has brought HBAR to a defining moment.
The Internet is a big world; every country represents a digital ledger. Most of these ledgers are blockchains but most have ‘slow economies'.
Hedera Hashgraph price rally has stalled this month after surging by over 823% between Nov. 5 and Dec. 3. Hedera Hashgraph (HBAR) was trading at $0.32, up by 650% from its lowest level last month.
The day has been relatively rough for the broader crypto market, as the total market cap of the business declined by 1.47% to $3.6 trillion over the past day. Amidst the slump, the trading volume too went reddish by 10.71%, taking the numbers to $194.73 billion.
Bitcoin (BTC) reached an intraday high of $102,500 on Thursday as the crypto market staged a dramatic recovery after the crash earlier in the week. However, selling pressure forced BTC below $100,000, with the cryptocurrency down 1.24% and trading at $99,750.
Hedera's native cryptocurrency, HBAR, experienced an 8% increase over the past 24 hours, marking a brief recovery following a dip from its recent three-year high of $0.39. Despite this uptick, the broader market rally has failed to offset underlying negative sentiment and declining momentum, suggesting that HBAR's path forward may be far from certain.
HBAR, the native cryptocurrency of the Hedera Hashgraph network, has surged by 8% in the past 24 hours. This rebound follows a few days of decline after the altcoin reached a three-year high of $0.39 on December 3.
As it turned out by December, the trick to making it big in the 2024 cryptocurrency market was no tougher than buying all but the shadiest of meme coins and tokens as the year featured a massive bull run.
Hedera Hashgraph (HBAR) has been struggling to maintain upward momentum, with its price recently dipping by 23% over the past week.
Hoskinson discussed the potential role of Cardano and other leading blockchain projects like Multiverse, Algorand, and Hedera in shaping the crypto policy landscape under the new U.S. administration.
The cryptocurrency market is abuzz with a new trend: the resurgence of "dino coins"—legacy cryptocurrencies that have weathered the storms of multiple market cycles.
Not every cryptocurrency has pumped like Hedera in the past few weeks. The HBAR token has been riding a wave of bullish momentum as Bitcoin breaks the much-anticipated $100k mark.
Hedera's native cryptocurrency, HBAR, has garnered the interest of investors and cryptocurrency aficionados due to its remarkable recent performance and increasing prominence in the blockchain sector. Related Reading: Ethereum Surge Coming?
Unlike previous weeks, the price of Hedera (HBAR) has decreased by nearly 17% in the last seven days. While many holders hope that this HBAR price decline is temporary, several indicators suggest that the altcoin may still drop lower.
Hedera (HBAR) price has surged more than 506% in the last 30 days, reaching a market capitalization of almost $12 billion. However, despite this impressive rally, the uptrend appears to be losing steam.
HBAR bulls pull off robust weekly gains but the demand wave could be fizzling out. Here's a recap of its performance and Hedera network activity.
Here is how some of your favorite assets concluded the week.
Hedera rose to a three-year high of $0.369 on Dec. 7 gaining over 120% in the last seven days while bringing its market cap to over $12.78 billion.
Bitcoin's price soared to a new all-time high this week, surpassing the eagerly awaited $100,000 mark, which led to a significant surge in the altcoin market. This surge followed a slight dip in Bitcoin's value, creating a rush among investors to switch to altcoins.