Hedera’s HBAR token has achieved a remarkable breakthrough, surging 41% in the past 24 hours to reach $0.24, crossing the psychologically significant $0.20 threshold for the first time in two years. This price action coincides with several fundamental developments that have dramatically shifted market sentiment toward the protocol. Fundamental Catalysts
For the fourth week in a row, software firm MicroStrategy has bought Bitcoin, marking another acquisition. As a result of this change, the firm now has 402,100 BTC, or more than 1.2% of the entire supply of Bitcoin. A press statement was issued by the corporation announcing the acquisition of
Today, Binance and Cristiano Ronaldo unveiled their newest line of digital collectibles, called “ForeverSkills,” which honor the football player’s legendary skills that have influenced and set the standard for the game. Through the “Proof of Skills” challenge in this collection, football enthusiasts may use Instagram or TikTok to demonstrate their talents
The Polkadot Blockchain Academy (PBA) has revealed that it will be hosting a new developer course in Switzerland as part of its European comeback. Starting in March 2025, Lucerne University of Applied Sciences and Arts (HSLU) will host PBA Campus’s cohort 6. For the first time in over two years, Polkadot Blockchain
Ethereum exchange-traded funds (ETFs) could soon experience significant growth with the integration of staking yields according to analysts at Bernstein. This development is expected to appeal particularly to institutional investors, who are increasingly looking for yield-generating assets in a low-interest-rate environment. Bernstein’s report also predicts that staking yields for Ethereum
Cardano ($ADA) is trading at $1.08, marking a daily surge of 1.41%. Its market cap stands at $38.06 billion, with a 24-hour trading volume of $3.94 billion, reflecting a sharp 170.28% increase. The volume-to-market cap ratio of 10.32% indicates heightened trading interest, signalling strong market activity. Technically, $ADA has faced
The altcoin market is experiencing a notable resurgence, with Avalanche (AVAX) leading the charge, surging by 7% in the past 24 hours and reaching a 9-month high of $49. This marks a staggering 91% increase in just one month. The recent rise in AVAX’s price has been linked to positive
WisdomTree filed Form S-1 for XRP Exchange-traded funds to get an approval from the US SEC. The XRP token has already been grabbing attention from the entire industry with its strong bullish rally for the past month. The change in the dynamics of US politics, which contributed to XRP’s current
Users can now manage their assets across more than 2,100 blockchains, including Bitcoin, Solana, Ethereum, Cosmos, and THORChain, thanks to a new browser extension released by Ctrl, the self-custody wallet solution that was formerly known as XDEFI. By combining all assets into a single, user-friendly platform, the extension streamlines self-custody. It
The largest asset, Bitcoin (BTC) has slipped to $95K, as December approaches. Notably, the greedy market dominates as the Fear and Greed Index is settled at 79. The meme coin market cap stays at $126 billion. Particularly, Dogecoin (DOGE), the leading meme coin, has lost over 3.10% over the past
