Here's Why Hedera (HBAR) Price Surged 100% in 24 Hours
In a landmark development for real-world asset tokenization, Hedera's (HBAR) price surged an impressive 100% within 24 hours.
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In a landmark development for real-world asset tokenization, Hedera's (HBAR) price surged an impressive 100% within 24 hours.
A sudden increase in price grabs attention and fuels speculation in the dynamic world of cryptocurrency. Such was the case of Hedera Bar (HBAR), when it skyrocketed by 90% in its value and 6514.60% in trading volume, in just 24 hours.
HBAR, the native token of the Hedera blockchain, surged by 90% following a widely misinterpreted announcement from the HBAR Foundation, which caused confusion among crypto influencers.
Numerous meme coins have also posted double-digit price increases in the past 24 hours.
Hedera's cryptocurrency HBAR soared 100% after BlackRock announced tokenizing its fund on Hedera's blockchain, showcasing rising institutional blockchain adoption.
A misinterpreted announcement by the HBAR Foundation suggested that Blackrock's ICS US Treasury Fund was tokenized on the Hedera blockchain in partnership with Archax and Ownera, leading to a significant misunderstanding and a 96% increase in the HBAR token price within 24 hours.
Hedera's native HBAR token surged by more than 107% on Tuesday as investors believed that BlackRock was involved in a fund tokenization project on the Hedera blockchain, the token then slumped by more than 25% as BlackRock turned out to have no involvement in the launch.
HBAR, the native cryptocurrency of Hedera Hashgraph, surged by a staggering 100% all the way to $0.18. On Tuesday, April 13, financial giant BlackRock announced that it would leverage the Hedera Blockchain to tokenize its money market fund.
A widely misinterpreted announcement from the HBAR Foundation has sparked confusion among crypto influencers and sent the price of HBAR token soaring.
Archax, a digital asset exchange, broker, and custodian based in London, has expanded its tokenization services to the BlackRock ICS US Treasury money market fund (MMF). This undertaking is implemented in cooperation with The HBAR Foundation and is a major step forward in the merging of traditional financial assets with the blockchain technology.
Cryptocurrency prices had a rollercoaster during the weekend as global risks escalated. Bitcoin plunged to almost $60,000 on Saturday and then bounced back to over $65,000. Other altcoins have also jumped by double digits in the past 24 hours, a rebound that could be a dead cat bounce.
The UK's largest active wealth manager Aberdeen Standard Investments (commonly known as Abrdn PLC) has initiated asset tokenization on Hedera Hashgraph, leveraging the network's DLT. Concurrently, EVM developers have released a new improvement proposal to enhance Hedera's functionality.
Swirlds Labs has released HashioDAO, an open-source, user-friendly framework that simplifies the creation and management of decentralized autonomous organizations on the Hedera network
Dexcheck is a platform that provides AI services with powerful analytics. It has an easy-to-use interface to make complicated insights understandable.
Wolf Of Altcoins, a prominent figure in the crypto world, shared some big predictions about how much money people can make with certain types of digital currencies.
Crypto investors are getting greedy as Bitcoin and most meme coins rebound. The crypto fear and greed index has jumped to the extreme greed zone of 83, its highest point in about two weeks. Bitcoin has helped lead the ongoing crypto recovery as it moved back above $70,000.
In a strategic move aimed at bolstering its presence in the rapidly evolving cryptocurrency landscape, Hedera Hashgraph, the team behind the HBAR token, has announced its membership in the UK Cryptoasset Business Council (UKCBC). The decision comes from Hedera's commitment to fostering innovation and advocating for well-crafted policies within the UK's crypto ecosystem.
In a strategic move poised to reshape the UK's cryptocurrency ecosystem, Hedera (HBAR) has announced its latest collaboration by joining the UK Cryptoasset Business Council (UKCBC), positioning itself alongside notable industry leaders such as Ripple and Coinbase.
In a significant move within the cryptocurrency space, Hedera (HBAR) has once again stepped into the spotlight by announcing its membership in the UK Cryptoasset Business Council (UKCBC). Notably, this decision, revealed through a recent post by Hedera, underscores the platform's commitment to fostering innovation and growth in the UK's crypto ecosystem alongside industry giants
A widely followed cryptocurrency analyst and trader is turning bullish on one Ethereum (ETH) layer-2 project. The analyst pseudonymously known as Credible Crypto tells his 379,100 followers on the social media platform X that Optimism (OP) is now in the midst of price discovery and could move much higher.
In the bull market, the altcoins are ending their hibernation phase and picking up pace as the Bitcoin forms a new all-time high. Amidst this recovery, the HBAR price shows a positive trend gaining momentum with a surge in trading volume. Moreover, the Hedera price surpasses the psychological mark of $0.
Hedera Hashgraph (HBAR) has experienced six consecutive weeks of price increases amidst the ongoing crypto frenzy, while its ecosystem gains momentum. The token reached a peak of $0.1227 on Tuesday, marking its highest level since May 2022.
Hedera Hashgraph (HBAR) price is up for six straight weeks as the crypto frenzy continues and as its ecosystem starts gaining traction. The token surged to a high of $0.1227 on Tuesday, its highest point since May 2022. It has surged by more than 235% from its lowest point in 2023.
Hedera Hashgraph (HBAR) enthusiasts and crypto investors have their eyes set on the future as they anticipate whether the digital asset is poised for a triumphant return to its all-time high (ATH) and beyond. From bullish price analyses to promising partnerships, the journey of HBAR from 2024 to 2033 is packed with excitement and potential.