Hedera (HBAR) is riding a wave of significant developments, including prospective Exchange Traded Fund (ETF). The market shows very positive sentiment towards HBAR due to constant discussion of ETFs. SEC has acknowledged an ETF filing from
Nasdaq and
Grayscale. This news corresponds directly with market action that favors HBAR, with a strong rally and price pump in response to the ETF buzz. The
Hedera network has been upbeat due to new partnerships - one with
Swift that opens a $150T market for Hedera – causing experts to speculate whether HBAR price may reach $1. Hedge funds like
Canary Capital are signaling bullish moves towards HBAR, indicating positive market outlook. Still, the situation remains fluid, with HBAR facing resistance around $0.40, struggling in consolidation, and potential bearish pressure. The HBAR ecosystem development and increasing acceptance in the financial sector provide a positive signal. Investors remain speculative about HBAR's price reaching $100 although a bullish pattern does suggest potential upturn. Nonetheless, HBAR's dependence on Bitcoin might affect the price negatively. Yet HBAR is touted to dominate the next bull run, alongside projects like Punisher Coin and Polkadot. Meanwhile, HBAR continues its innovative journey with Taurus to boost global HBAR custody and Chainlink launching data feeds on its mainnet.
HBAR Coin News Analytics from Tue, 10 Dec 2024 08:00:00 GMT to Wed, 12 Mar 2025 17:59:00 GMT -
Rating 7
- Innovation 8
- Information 8
- Rumor 4
