Tim Stokely, the founder of OnlyFans, and a cryptocurrency foundation have joined forces to place a late-stage bid for the acquisition of TikTok's U.S. operations from ByteDance. What Happened: The bid was put forth this week by Zoop, Stokely's latest venture, and the HBAR Foundation, which manages the Hedera (CRYPTO: HBAR) blockchain network, according to details shared with Benzinga.

The duo join a growing number of crypto firms and tech giants vying for TikTok as a U.S. divest-or-ban deadline looms.

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Hedera (HBAR) is down more than 2.5% in the last 24 hours as traders brace for potential volatility tied to upcoming “Liberation Day” announcements. Technical indicators paint a mixed picture, with signs of weakening trend strength but continued bearish momentum.

Zoop, the social app created by OnlyFans founder Tim Stokely, and the HBAR Foundation have reportedly submitted a bid to purchase the video-sharing app TikTok in the United States.According to an April 2 Reuters report, the HBAR Foundation and Zoop filed an intent to bid on TikTok with the Trump administration the previous week. The bid will follow others from major technology companies, including Amazon, Oracle, Microsoft, and Rumble, in an attempt to keep the video-sharing app's services alive for US users.

HBAR Foundation, the body linked to the Hedera blockchain, has inked a partnership with OnlyFans founder Tim Stokely to submit a late bid for TikTok. The crypto firm and a startup run by Stokely, Zoop, are taking on tech giants like Amazon for the micro-messaging and video platform.

The "intent" to bid on TikTok was sent to the White House and U.S. President Donald Trump this week, the report said.

Hedera stuns the crypto sphere with a DLT-powered new chain for the largest names in the financial world.

HBAR has been on a downward trajectory recently, with the altcoin struggling to maintain its value. The price action has left investors facing losses, and recent developments point to the potential for further bearish pressure.

Hedera has launched HashSphere, an EVM-compatible private, permissioned blockchain targeting enterprises, which could bump HBAR price.

Hedera (HBAR) is under pressure, down roughly 13.5% over the past seven days, with its market cap holding at around $7 billion. Recent technical signals point to growing bearish momentum, with both trend and momentum indicators leaning heavily negative.

The Hedera Hashgraph token crashed below a key support level. Have bears prevailed?

HBAR recently failed to breach the key $0.200 resistance level, leading to increased volatility. Despite this setback, the altcoin may experience a short burst of bullishness in the near future.

Hedera (HBAR) is showing signs of weakness after dropping 4% on Thursday. Its market cap is now hovering close to the $8 billion mark.

Bitcoin price has failed to break the crucial resistance point at $90,000 this week. It has formed numerous risky patterns, pointing to a potential crash potentially below $80,000.

Brazilian neobank giant Nubank has expanded its crypto offerings, adding support for ADA, NEAR, ATOM, and ALGO.

HBAR has struggled to break free from a two-month downtrend, with its price stuck under the $0.20 resistance level. Although the altcoin is attempting to bounce back, broader market conditions and a lack of investor confidence have hindered its efforts.

Either chain's integration to SWIFT ecosystem would open doors to a gigantic $150T market & instant bank payments.

The crypto market begins to recover while several rising altcoin values emerge. Bitcoin maintains its position at $88K, while Ethereum prices approach $2K, which shows potential for ongoing bullish momentum.

The crypto market registered a marginal increase over the past 24 hours as prices steadied, with its current market cap at $2.83 trillion. Bitcoin (BTC) reached an intraday peak of $88,635 before declining and steadying itself around $86,500.

Yearn Finance founder Andre Cronje teased an algorithmic stablecoin product, much to the chagrin of some users due to UST's 2022 collapse.

Hedera's HBAR has steadily increased in value over the past few days as broader market activity gains momentum. Currently trading at $0.19, the token's price is up 4% over the past week.

Hedera (HBAR) is up nearly 5% in the last 24 hours as it attempts to break above the $0.20 mark for the first time in 2 weeks. The recent price rally comes amid improving technical signals that hint at a potential shift in trend.

Algorand and its token, ALGO, are positioned by developers as the foundation for a future borderless economy. However, the ALGO coin has been struggling in the past month.

Hedera has struggled since early March, losing approximately 10% on its monthly chart. While the downtrend signaled bearish trends, HBAR's price settled at a crucial demand territory. As Hedera prices sit at a vital demand and support area, enthusiasts watch for potential buyer resurgence, which could trigger notable bounce-backs.

HBAR has faced support at a key demand zone. Will the bulls defend amid the prevailing bearish pressure?

Binance Announcement Today: The cryptocurrency exchange behemoth again nabbed substantial investor attention with its latest update on six tokens. On Monday, March 24, the CEX revealed plans to update the collateral ratios for CRV, UNI, ALGO, KSM, XTZ, and XEC crypto under ‘Portfolio Margin.

Bitcoin and crypto tokens dropped after a disappointing speech by Donald Trump at a closely-watched summit. They have also pulled back after the FOMC decision and ahead of the upcoming triple-witching event in the US.

HBAR has experienced a consistent decline, and the price continues to move downward despite traders' optimism for a potential recovery. The altcoin, which has faced downward pressure in recent weeks, has not yet found a solid support floor.

Hedera (HBAR) has been trading below the $0.20 mark for the past week. The persistent downtrend has kept the token under pressure, as both technical indicators and price action suggest a cautious market environment.

The three year-hiatus from the $0.55 checkmark could be done & over with if HBAR ETF comes in effect.

Bitcoin and many altcoins cautiously bounced back on Wednesday ahead of the Federal Reserve interest rate decision. Bitcoin (BTC) rose to $84,500 as it struggled to move above the psychological barrier of $85,000.

HBAR, the native crypto token of the Hedera network, has recently attempted a recovery rally, but the price lacks the support needed to maintain its upward momentum.

​​Hedera remains under heavy pressure, marking yet another day of decline as traders continue to bet against the altcoin. It trades at $0.18 at press time, noting a 2% price drop over the past 24 hours.

The crypto market has had a bearish start to the week, with most cryptocurrencies trading in the red. However, some have managed substantial gains, including Toncoin (TON), Polkadot (DOT), Hedera (HBAR), and Litecoin (LTC).

HBAR has recorded its first spot inflow in the past seven days, attracting $1.5 million in fresh capital.

Here is how some of your favorite assets concluded the week.

The crypto market today held steady as investors remained optimistic that the worst is now behind us. This hope rose after stocks and crypto prices surged on Friday, with the top three US indices like the Dow Jones, Nasdaq 100, and S&P 500 rising by over 1.5%.

Hedera (HBAR) has been experiencing a continued downtrend in price despite the broader market showing a bullish macro outlook. However, the short-term market conditions indicate that HBAR could face further declines in the coming days.

The crypto market remains volatile, with the Pepe coin price crashing by over 75% from its highest level in December last year. This decline is happening as recession risks rise and the crypto fear and greed index remains in the red.

Hedera (HBAR) has dropped nearly 20% in the past seven days, but in the last 24 hours, it has rebounded by almost 5%, signaling a potential trend shift. While the broader trend remains bearish, key indicators suggest that buying pressure is increasing, and a reversal could be forming.

Bitcoin (BTC) bounced from $76,606 on March 11, but the bulls could not sustain the price above $84,500 on March 12. Nansen principal research analyst Aurelie Barthere told Cointelegraph that Bitcoin is in a macro correction in a bull market, with the next crucial level being “$71,000-$72,000, top of the pre-election trading range.

The SEC acknowledged Nasdaq's filing for Grayscale's HBAR Trust ETF, signaling growing institutional interest in Hedera and potentially paving the way for broader adoption of regulated crypto investment products. The post SEC Acknowledges Nasdaq Filing for Grayscale's HBAR Trust ETF appeared first on Cryptonews.

Avalanche (AVAX) was also a top performer, rising 4.2% from Tuesday.

The United States Securities and Exchange Commission has officially acknowledged Nasdaq's proposal to list and trade shares of the Grayscale Hedera Trust.

RWA tokens

The current difficulties of altcoins can manifest in decidedly different ways.

The cryptocurrency industry stabilised on Wednesday morning as some investors moved in and bought the dip. Banana Gun (BANANA) rose by over 42% to $15.7, bringing the seven day gains to 10%. Onyxcoin (XCN) token jumped by 17.15% to $0.01352, while Hedera Hashgraph (HBAR) jumped by 7% to $0.20.