Here is how some of your favorite assets concluded the week.
Optimism (OP) has experienced a market rebound in the past week gaining by 35.76% based on data from CoinMarketCap. The Ethereum layer-2 token hovers above $2.20 with investors strongly bullish on future price gains.
Altcoins posted significant gains this week buoyed by Bitcoin's rally.
Cryptocurrency Prices Today, November 23: The broader market movement on Saturday sparked bullish momentum globally. Bitcoin remains steady at $98K, while major altcoins like ADA, XRP, and AVAX surged between 14% and 25%.
The cryptocurrency market is buzzing as spot ETF applications for Solana (SOL), XRP, and Hedera (HBAR) progress, signaling a potential "altcoin season" where investors may expand their focus beyond Bitcoin and Ethereum. The post SOL, XRP, and HBAR To Pump Further As Road to ETFs Opens Up appeared first on Cryptonews.
Optimism (OP) price has surged 43.40% in the last seven days, showcasing strong bullish momentum in the market. The uptrend is supported by rising trend strength, with the ADX confirming growing momentum and EMA lines showing a bullish setup.
TL;DR Hedera (HBAR) gained significant attention during the bullish crypto market of 2021, highlighting its potential as a major player in the blockchain space. Price predictions for HBAR from 2025 to 2035 vary, with some forecasts suggesting substantial growth and high returns, while others indicate periods of stabilization and correction.
Ethereum layer 2 scaling solution Optimism ($OP) is riding the bull run after rallying 39% in just seven days. The bulk of those gains came in the last 24 hours, after the token surged 23% to trade at $2.18.
This week, we examine Ripple, Cardano, Optimism, Solana, and Dogecoin in greater detail. Ripple (XRP) XRP just had one of the best months in years, and its price increased by 74% this week alone, bringing it close to $1.5.
Hedera (HBAR) has become the top loser among the top 100 cryptocurrencies, experiencing a dramatic 20% drop in price over the last 24 hours. This decline follows a rally where HBAR surged by 180%, raising questions about what caused such a sharp reversal.
Optimism (OP) is experiencing an interesting market rally amid the ongoing cryptocurrency bull run. According to CoinMarketCap data, the protocol's native token OP is changing hands at $2.19, representing a 21.57% rise in the last 24 hours.
Nate Geraci, President of The ETF Store, revealed that applications for spot ETFs for Solana (SOL), XRP, and Hedera (HBAR) are currently in progress, alongside the launch of Grayscale and Bitwise crypto index funds.
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.
Bitcoin (BTC/USDT) reigns supreme – hitting a new ATH of $94,832, cementing its undisputed dominance. Ethereum, lagging 37% below its ATH of $4,868, struggles to shine in Bitcoin's shadow.
Optimism (OP) has been gaining attention in the crypto market, with some analysts predicting a 60% rally if the token can break through a critical resistance level. Michaël van de Poppe, a well-known crypto analyst, has identified that once OP clears its $1.83 resistance, it could see a rapid price surge, potentially pushing the token toward higher price targets.
Crypto analyst predicts 60% rally for Optimism (OP) after breaking key resistance at $1.83.
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 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.
A widely followed crypto analyst says that one Ethereum (ETH) layer-2 scaling solution appears to be a cusp of a rally that would see it print gains of over 200%.
BlackRock announced on Wednesday that it is expanding its tokenized liquidity fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), to operate on multiple blockchain platforms.
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.
Asset management titan BlackRock is announcing the expansion of its proprietary BUIDL, the company's on-chain money market fund, across five new blockchains.
The tokenized money market fund will launch on nearly half a dozen new blockchain networks.
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.
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.
An important pattern is pointing to a potential 340% increase to $7.20 in OP's price.
Optimism forms an ascending triangle, signaling a potential rally to $7.20.
Bitcoin (BTC) catapulted to another all-time high, reaching $89,604 before declining marginally, as bulls set their eyes on $90,000 and $100,000. The euphoria over Trump's win shows no signs of waning, and BTC could hit $100,000 before the end of the year if the bull run continues at its current pace.
During the U.S. trading session on Monday, the crypto market winessed an accelerated momentum as Bitcoin price spiked to a new high of $85,000. Most major altcoins are following the same pace and preparing to challenge their respective highs.