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Crypto prices for some coins rose sharply as the cryptocurrency market experienced notable gains on Friday, October 11. Bitcoin reclaimed $62k and most top altcoins traded higher, with notable surges for Ethena and Celestia.

Karate Combat, a web3 professional strike league, is set to launch its layer-2 blockchain network on Hedera. In an announcement on Oct.

Hedera, a proof-of-stake platform, wasn't spared from aggressive bears in early October. After HBAR, its native token, floated higher in September, the rejection of bulls in early October resulted in a double top.

Crypto analyst Egrag has once again shared a bullish analysis of Hedera Hashgraph (HBAR), predicting a potential 30x increase (2,900%). His latest chart analysis (HBAR/USD) presents a view where HBAR stands in the current market cycle, highlighting key Fibonacci retracement levels and critical price points that could guide HBAR's movement in the months ahead.

The first-ever HBAR trust fund in the States puts Hedera's native crypto within reach for top-notch institutional investors.

TL;DR Canary Funds launches Canary HBAR Trust in the U.S., providing institutional investors with a regulated avenue to acquire Hedera's native token, HBAR, and paving the way for future HBAR ETFs. HBAR gains traction due to its support for asset tokenization, Web3 applications, and NFTs, with the Hedera Foundation emphasizing the potential for increased institutional investment opportunities.

Hedera's recent rally has positioned it near key resistance—can bulls maintain the momentum or is a pullback imminent?

Latest updates on HBAR, SEI, and CELO coins.

Canary Funds has launched an investment vehicle called Canary HBAR Trust in the United States to give institutional investors access to HBAR. The investment vehicle is part of Canary Fund's objective to pave the way for HBAR exchange-traded funds (ETFs).

Canary Capital has introduced the U.S.'s first HBAR Trust, expanding crypto options for institutional investors. This move offers institutional investors access to Hedera's (HBAR), the native crypto of the Hedera network.

The first US HBAR Trust went live recently, sparking discussions over a potential Hederal ETF launch. The launch of the Bitcoin and Ethereum Spot ETF in the US has fueled discussions over which altcoins will be there in line to witness an ETF launch in the same market.

HBAR poised for 65% gains with rising dominance, whale activity, and liquidity.

The cryptocurrency market remains a mix of volatility and opportunity. While Bitcoin struggles to maintain its momentum against the 200-day moving average, several altcoins are displaying notable strength.

HBAR demonstrates signs of renewed interest after retesting long-term support level that has historically yielded over 100% gains.

The market capitalization of the HBAR token stands at $2.14 billion, making it the 43rd-largest digital asset on CoinMarketCap.

The Hedera price has gained quite a momentum over the past few days, where the value has surged 14% over the week. Even today, the price is on the rise, as it is currently trading at $0.05695 after a 2.7% surge and market capitalization of $2,142,862,094, which is also up by 4.4%.

As Bitcoin bears continue to defend the resistance at 200-day MA, some altcoins display strength. Ethereum trades at $2,612 while the BinanceCoin price crosses $600. Besides, Solana, XRP, Dogecoin, and Cardano consolidate below their respective resistances at $150, $0.6, $0.12, and $0.4.

The HBAR community is hyped over Hedera's cryptic Renaissance upgrade: a move to flip the script for HBAR?

Hedera (HBAR) is trading around $0.0487, which reflects a minor decline of approximately 1.80%. In the broader context of the cryptocurrency market, there are signs of recovery, particularly as Bitcoin approaches the $59,000 mark.

Hedera Hashgraph has announced the launch of its new open-source Asset Tokenization Studio (ATS), an all-in-one toolkit for tokenizing real-world assets (RWAs).

TL;DR Hedera has launched the “Asset Tokenization Studio,” an open-source tool designed to optimize the issuance, management, and trading of tokenized bonds and equities. The toolkit keeps all asset details securely on the blockchain, reducing risks compared to off-chain systems.

The users of the Studio will be able to trade tokenized bonds and securities and manage them securely on-chain, reducing the risks associated with off-chain management in the ERC-1400 standard, the unified standard for security tokens.

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