Nasdaq has filed a 19b-4 form with the U.S. Securities and Exchange Commission (SEC) to seek approval for the Canary Capital HBAR Spot ETF. This filing not only marks a key milestone for HBAR but also increases the chances for its institutional adoption, as well as the potential for more altcoins like Litecoin to gain access to traditional investment vehicles.
Hedera (HBAR) is down more than 4% in the last 24 hours, with its market cap now at $8.4 billion. Despite a short-term spike earlier today, HBAR's BBTrend remains negative, signaling persistent bearish momentum.
Hedera (CRYPTO: HBAR) has seen a 35% decline this past month, but the approval process for a spot HBAR ETF has triggered renewed interest among traders. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Hedera (CRYPTO: HBAR) $0.2139 $8.96 billion +1.8% +1.3% XRP (CRYPTO: XRP) $2.44 $141.4 billion -4.3% -7.4% Cardano (CRYPTO: ADA) $0.7253 $25.5 billion -5.2% -8.6% Trader Notes: Crypto trader Javon Marks sees HBAR's first breakout target at $0.504, a 128% increase from current levels.
The filing is the latest in a litany of applications with the SEC from issuers and exchanges.
The Nasdaq Stock Market LLC, on behalf of Canary Capital, submitted a 19b-4 filing with the U.S. Securities and Exchange Commission (SEC) to list a spot exchange-traded fund (ETF) focused on the native asset of the Hedera Network, HBAR.
TL;DR Nasdaq has filed with the SEC for approval to list the Canary HBAR ETF, a product that tracks the spot price of HBAR, the token of the Hedera network. Hedera (HBAR) saw a 3.58% price increase and a 231% growth in trading volume following the ETF announcement.
The push for a spot Hedera ETF product by Canary Capital has taken a more promising twist from the asset management firm. According to the latest update, Canary Capital has submitted the 19b-4 filing with the United States Securities and Exchange Commission (SEC).
Nasdaq files for Canary HBAR ETF, aiming to track Hedera's HBAR token, following Canary Capital's S-1 amendment and growing ETF interest.
Back in November, the crypto investment firm was the first to file an S-1 registration for the Canary HBAR ETF.
Hedera (HBAR) gained momentum with a 144% surge in trading volume after Nasdaq filed for Canary HBAR ETF with the SEC, potentially opening doors for institutional investment.
Nasdaq has submitted form 19b-4 filing for the Canary Capital Hedera (HBAR) exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC). Whale Insider shared the news on Monday, Feb. 24. The development comes just days after Canary Capital filed its amended S-1 for the HBAR ETF with the SEC.
A big news for HBAR and Litecoin. Nasdaq has officially filed a 19b-4 form with the SEC, seeking approval to list and trade shares of the Canary HBAR ETF.
The potential approval of the HBAR spot ETF could enhance crypto market legitimacy and attract institutional investors, boosting Hedera's visibility. The post Nasdaq files 19b-4 form for Hedera HBAR spot ETF from Canary Capital appeared first on Crypto Briefing.
The Hedera blockchain's first-ever layer two solution “UP” was announced in October 2024. Polygon protocol Agglayer will now facilitate interoperability between UP and Karate Combat's official token.
The HBAR Foundation has announced an investment in Archax's tokenized shares of Fidelity International's USD Money Market Fund. Archax, the first FCA-regulated digital asset exchange, broker, and custodian, recently tokenized the MMF on the Hedera (HBAR) network.
Hedera (HBAR), one of the most prominent decentralized networks, has witnessed concerning outflows from its spot market. Investors have withdrawn a staggering $17 million from the token in just seven days, signaling a potential decline in market confidence and raising concerns over its ability to maintain support at the crucial $0.20 price level.
Built on Hedera's ecosystem, Origin enables everyday users to invest in promising Web3 projects alongside top VCs without the barriers found in traditional venture capital investing. The post Hedera-Based Origin Emerges from Stealth, Enables VC Treatment for Everyday Users appeared first on Cryptonews.
As uncertainty dominated the digital assets landscape in the past week, Hedera demand plummeted significantly. The $17M investor pullback has raised eyebrows about HBAR's price action in the coming times. The impending selling pressure threatens the key support zone at $0.20. Losing this foothold might trigger a dip towards $0.
Over the past week, Hedera has recorded steady outflows from its spot market, signaling a lack of confidence among market participants.
Hedera (HBAR) has seen a modest recovery, briefly climbing above $0.21 in the last 24 hours. However, the cryptocurrency remains under pressure following a significant 40% correction over the past month.
The market condition has changed recently, allowing several cryptos to register greens on their charts. Hedera (HBAR) price was one of them as it pumped by over 6% in the last 24 hours alone.
Hedera (HBAR) has climbed above $0.21 in the last 24 hours. However, it is still attempting to recover from a 40% correction over the past 30 days.
Coinbase adds Solana and Hedera futures, as SEC reviews Solana ETF applications, potentially shaping future crypto market trends.
Coinbase has launched CFTC-regulated futures contracts for Solana and Hedera while the SEC reviews spot crypto ETF applications under new leadership that may change traditional approval requirements.
Bitcoin (BTC) briefly dipped below $95,000, falling to a low of $93,487 before recovering and moving to its current level of $95,100. The flagship cryptocurrency has been down almost 1% over the past 24 hours, with sentiment further dampened after the odds of a US strategic reserve drop on Polymarket.
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Coinbase exchange has unveiled CFTC-regulated futures for Hedera and Solana. The launched offerings have introduced more crypto products to institutions in the U.S. market.
HBAR bulls should remain cautious. Long trades would be against the trend, riskier, and favorable for scalpers.
Coinbase's derivatives arm said that it now offers CFTC-regulated futures contracts covering Solana and Hedera.
Hedera (HBAR) is attempting a recovery after experiencing a significant 40% price correction over the past 30 days. Despite ongoing bearish indicators, there are signs that selling pressure may be easing.
New Solana and Hedera futures launched by Coinbase derivatives
Hedera (HBAR) has faced a continuing drawdown, with a brief stop last week when the altcoin entered a period of consolidation. Despite this, the overall trend remains downward, and traders are beginning to change their stance.
Hedera (HBAR) price is attempting to recover after a steep 40% correction in the last 30 days. While the downtrend remains intact, indicators suggest that selling pressure may be easing.
Hedera (HBAR) has recently experienced a 5% dip, continuing its challenging month-long trajectory. The cryptocurrency has now seen a 22% decline over the last 30 days, with its market capitalization falling to $8.5 billion.
Since the beginning of February, Hedera Hashgraph's native token HBAR has been trading in a tight range, mirroring the broader market consolidation over the past few weeks.
Hedera (HBAR) price has dropped 5% in the last 24 hours, with an overall 22% correction in the past 30 days. Its market cap is now at $8.5 billion.
HBAR price has slipped from its highest level this year, aligning with most altcoins. It has dropped by over 40% from the YTD high and is still pointing downwards.
Hedera Hasgraph's HBAR has been caught in the broader market downtrend, shedding 10% of its value in the past 24 hours. At press time, the altcoin trades at $0.22.
The price of Hedera (HBAR) has recently experienced a significant downturn, falling by 40%, raising concerns among investors. Despite this sharp decline, the cryptocurrency has shown signs of resilience, holding steady above the crucial support level of $0.228.
Crypto prices crashed on Wednesday morning as traders waited for the upcoming US inflation data. Bitcoin crashed below the key support at $95,000, while the market cap of all crypto coins fell to $3.15 trillion. This report provides the forecasts for top cryptocurrencies like BNB, Hedera Hashgraph (HBAR), and Jupiter (JUP).
Bitcoin (BTC) is testing $98,000, remaining sluggish but slowly climbing towards $100,000. The flagship cryptocurrency is up over 1%, trading around $99,100, as buyers look to maintain control.
HBAR has recently experienced a sharp 40% price crash, raising concerns among investors. Despite this significant downturn, the altcoin has demonstrated resilience, holding above a critical support level of $0.228.
Hedera's native token, HBAR, has been dealing with a sharp 26% price drop this month, causing a significant disruption in its previously forming bullish pattern. This steep decline has dashed the hopes of many traders who were expecting HBAR to reach a new all-time high soon.
Hedera's native token, HBAR, has suffered a 26% decline this month, reversing a bullish flag pattern. This price action has delayed expectations of a new all-time high.
Hedera (HBAR) has found it difficult to break past the $0.25 price level, continuing to face significant downward pressure. Despite its market capitalization now standing at $8.7 billion, the digital asset's technical indicators signal that the bearish momentum is likely to persist.
The crypto markets are trying to get stabilized after a massive downfall as the volume continues to rise to some extent. With this, the Bitcoin price is trying hard to reclaim the crucial resistance at $98,000, which may turn the tables for the token as well as the entire crypto market.
Hedera's price has seen a sharp double-digit decline over the past week. This has pushed it below key support levels that it has since struggled to break above.