The Hbar Foundation has partnered with Zoop, a startup founded by Onlyfans creator Tim Stokely, to bid on Tiktok's U.S. operations.

The HBAR Foundation has joined forces with Tim Stokely, founder of subscription platform OnlyFans, to submit a bid to acquire TikToks U.S. operations. According to Reuters, the proposal was submitted to the White House last week via Stokelys new crowdfunding venture, Zoop.

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.

The cryptocurrency market rebounded late on Monday as major cryptocurrencies registered substantial gains. As a result, the crypto market cap is up over 1% and currently sits at $2.69 trillion.

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 selling pressure on Bitcoin forced MKR to lose 11%, but the bulls were likely to drive a recovery.

Two Ethereum whales on MakerDAO are at risk of being liquidated if Ether drops below $1,800. The whales, who borrowed millions in DAI from the DeFi lending protocol and pledged ETH as collateral, are now under pressure due to Ether's continuous decline.

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.

U.S. District Judge James Donato dismissed a class action lawsuit against DFINITY, the crypto company behind Internet Computer (ICO), on Tuesday. The judge found the case “time-barred” under the Securities Exchange Act's three-year statute of repose.

MakerDAO's governance token, MKR, has posted double-digit gains in the past 24 hours, making it the market's top performer. The surge propelled MKR to a seven-day high of $1,485, where it traded briefly during Thursday's early Asian hours.

The crypto markets are consolidating after a small rise as the bulls face fatigue following a minor surge. Bitcoin price surged above $88,000 but has settled above $87,000 despite the rising bearish activity. On the other hand, Ethereum sustains above $2000, while memecoins display some strength as DOGE, PEPE, and FLOKI maintain a strong upswing.

Highlights MKR Coin breaks critical resistance level $1200 last week, signalling a breakout from the downtrend that began back in June. In the near term, MKR's future resistance is at $1500, with a breakout possibility to the $1800 price zone. A key support level is around $1000.

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.

The market is reacting positively to Movement's pledge to do a $38 million token buyback to create a Movement Strategic Reserve.

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.

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.

Maker recently reacted off a major support zone where hundreds of thousands of units were purchased. Some traders, however, are taking profits—a move that could impact MKR's potential market movement.

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.

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?

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 crypto market rallied after the Federal Reserve decided to keep interest rates unchanged between 4.25% and 4.50% after the Federal Open Market Committee (FOMC) meeting. The Federal Reserve also stated it sees two rate cuts coming in 2025.

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

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.

Spark has announced that BlackRock, Superstate, and Centrifuge are the winners of its Tokenization Grand Prix. The goal is to allocate $1 billion in tokenized assets, with BlackRock's BUIDL fund set to receive half of it.

Story Highlights The live price of the ICP crypto is . Internet Computer price could reach a maximum of $19.5 in 2025. The ICP price may hit a high of $66.89 by 2030.

​​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.

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

Crypto exchange titan Binance again caused a market stir with its latest announcement on five crypto tokens this Monday. Notably, the exchange revealed plans to launch new spot trading pairs for MKR, EPIC, DF, GMX, and RPL shortly ahead.

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%.

The layer-1 blockchain MultiversX (EGLD) continues to lead the digital asset gaming sector in the realm of development activity, according to the crypto analytics firm Santiment. Santiment notes on the social media platform X that MultiversX, formerly known as Elrond, registered 212.17 notable GitHub events in the past 30 days.

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 remained flat for most of the day after a brief rally following better-than-expected inflation data quickly lost steam. Bitcoin (BTC) briefly rose above the $84,000 mark after the US CPI Report but fell flat later in the day, dropping below $84,000.

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.