Hedera

Hedera, also known as Hedera Hashgraph, is a public network that aims to enable individuals and businesses to create decentralized applications (DApps).

Hedera's native utility token, HBAR, plays a dual role within the network, powering services like smart contracts and file storage, and assisting with maintaining the platform's integrity.

Hedera is based on a Proof-of-Stake (PoS) model, which is designed to enhance the efficiency of transaction verification and provide a high level of security. 

source: Coinmarketcap

Hedera's (CRYPTO: HBAR) rapid 460% surge in one month is powered by buzz surrounding potential new partnerships and an application for a Hedera exchange-traded fund (ETF). Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Hedera (CRYPTO: HBAR) $0.2449 $9.36 Billion +26.9% +74.9% Litecoin (CRYPTO: LTC) $122.63 $9.2 Billion +20.5% +27% Uniswap (CRYPTO: UNI) $14.21 $8.5 Billion +9.7% +18.4% Trader Notes: Crypto trader Javon Marks highlighted Hedera's sustained breakout, predicting further gains with a target of $0.504—an over 102% jump from current levels.

Hedera Price Surges 460% In A Month: Why Is HBAR Going Up?

Cardano

Solana

Dogecoin

The chief investment officer of Morgan Creek Capital is revealing his top five altcoins picks heading into the new year. In a new interview on the Altcoin Daily YouTube channel, Mark Yusko names his top token picks, including prominent smart contract platforms Solana (SOL) and Cardano (ADA).

Morgan Creek's Mark Yusko Unveils His Top Five Altcoin Picks Heading Into 2025 Including Cardano and Solana

Render was also among the top performers, gaining 5.1%.

CoinDesk 20 Performance Update: HBAR Gains 13.3%, Leading Index Higher from Monday

Hedera's HBAR token has shot up by double digits on rumors that board member Brian Brooks is shortlisted to succeed Gary Gensler at the SEC.

Hedera Price Jumps 29% on Rumors Brian Brooks Could Get Another Trump Nod

Hedera (CRYPTO: HBAR) soared to the top of the daily gainers list Monday as blue-chip cryptocurrencies traded flat. What happened: HBAR, the native coin of the Hedera Hashgraph network, rallied 35% in the last 24 hours to hit a seven-month high.

Trump SEC Pick Speculation Sends This Altcoin Soaring Past Bitcoin And Ethereum In Daily Gains

Aptos and NEAR Protocol were the only gainers, each rising 1.7%.

CoinDesk 20 Performance Update: HBAR Falls 11.4%, Leading Index Lower From Tuesday

Canary Capital has filed for a Hedera HBAR spot exchange-traded fund with the U.S. Securities and Exchange Commission

Canary Capital files for first-of-its-kind Hedera HBAR spot ETF with SEC

The Nairobi Securities Exchange has joined the Hedera Council to accelerate tokenization initiatives in Africa, leveraging the Hedera network's technology and global reach. Expediting Uptake of Digital Assets Kenya's main securities exchange, the Nairobi Securities Exchange (NSE), has joined the Hedera Council to accelerate tokenization initiatives using the Hedera network.

Kenyan Securities Exchange Joins Hedera to Bolster Tokenization Ambitions

NEAR Protocol was also among the underperformers, falling 2.9%.

CoinDesk 20 Performance Update: HBAR Drops 3.5%, Leading Index Lower From Monday

Uniswap also joined Hedera as an underperformer, falling 3.9%.

CoinDesk 20 Performance Update: HBAR Drops 5.1% as Index Trades Lower From Wednesday

The news comes just eight months after Tune.FM shared it had raised $20 million in a funding round.

Tune.FM, Music Streaming Project on Hedera Blockchain, Gets $50M Capital Commitment

Polkadot

Polkadot gained 2.6% while Hedera rose 2.4%, helping push the index higher.

CoinDesk 20 Performance Update: DOT and HBAR Outperform as Index Rises 0.9%

The custodian, chaired by former U.K. Chancellor Philip Hammond, provides platforms to increase liquidity and access to DeFi.

Hedera taps crypto custodian Copper to expand institutional access to HBAR tokens

New data from crypto analytics platform Santiment reveals that a layer-1 Ethereum (ETH) competitor is leading the industry in terms of development activity.

Layer-1 Ethereum Competitor Leads Crypto Space in Terms of Development Activity: Analytics Firm Santiment

Bitcoin

A widely followed cryptocurrency analyst and trader believes one type of crypto asset is about to implode. The analyst pseudonymously known as Credible Crypto tells his 391,500 followers on the social media platform X that memecoins could suddenly collapse in value.

Analyst Warns One Crypto Asset Category About To Face a Reckoning, Maps Path Forward for Bitcoin and Hedera

Asset management giant BlackRock has clarified that it has no commercial relationship with Hedera and did not choose Hedera Hashgraph to tokenize any of its funds.

BlackRock Denies Tokenization Partnership with Hedera Hashgraph, HBAR Drops by 35%

HBAR skyrocketed after an announcement that name-dropped BlackRock, but the price is now falling as the investment giant says it's not directly involved.

Hedera Jumps 113% Amid BlackRock Confusion

Ethereum

Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the key $66,000 level on Wednesday. Ethereum (CRYPTO: ETH) also recorded gains, trading above the key $3,200 mark this morning.

Ethereum Surpasses $3,200; Hedera Emerges As Top Gainer

The latest price moves in bitcoin (BTC) and crypto markets in context for April 24, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

First Mover Americas: Hedera's HBAR Soars on Exaggerated BackRock Link

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.

HBAR Token Price Soars 96% After Misinterpreted Blackrock Announcement

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.

Hedera's HBAR Doubles, Then Falls 25%, as BlackRock Links Diminish

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.

Trader Says Altcoin That's Near All-Time High Could ‘Accelerate Quickly,' Updates Outlook on Hedera and Kaspa

The Digital Euro Association (DEA) has entered into a partnership with the HBAR Foundation. This collaboration aims to bolster its comprehension of central bank digital currencies (CBDCs) and stablecoins. Although this partnership marks a significant milestone in the digital currency landscape it nevertheless does not amount to an endorsement of any ideologies or products.

Digital Euro Association Partners With HBAR Foundation to Boost Understanding of CBDCs and Stablecoins

The company will use the Hedera Hashgraph technology to improve business efficiencies.

Food Company Mondelēz International Joins Hedera Council to Experiment With DLT

The Hedera Council announces an allocation of 4.86 billion HBARs, primarily focused on bolstering initiatives like the HBAR Foundation, Hashgraph Association, and DLT Science Foundation. Hedera Council Commits 4.86 Billion HBARs In a move towards enhancing its network and decentralized governance, the Hedera Council has approved an allocation of funds amounting to 4.

News for Hedera Crypto (HBAR)