Hedera (HBAR) is currently trading at $0.1442, an 11.35% increase. The 24-hour trading volume climbed to $276.91 million, reflecting a 19.47% uptick. Despite this strong daily momentum, the token remains 2.13% lower on the weekly timeframe, signaling a market still seeking sustained direction. Descending Channel Reaches Critical Point Crypto analyst Profit Demon noted that HBAR […]Hedera (HBAR) is currently trading at $0.1442, an 11.35% increase. The 24-hour trading volume climbed to $276.91 million, reflecting a 19.47% uptick. Despite this strong daily momentum, the token remains 2.13% lower on the weekly timeframe, signaling a market still seeking sustained direction. Descending Channel Reaches Critical Point Crypto analyst Profit Demon noted that HBAR […]

Hedera Breakout Alert: New WBTC Integration Fuels HBAR Rally Toward $0.60

2025/11/24 08:30
  • Hedera’s HBAR posts strong intraday gains despite a weekly downturn.
  • Analyst Profit Demon signals a potential major rebound with multiple upside targets.
  • Launch of Wrapped Bitcoin (WBTC) on Hedera marks a major expansion of its DeFi infrastructure.

Hedera (HBAR) is currently trading at $0.1442, an 11.35% increase. The 24-hour trading volume climbed to $276.91 million, reflecting a 19.47% uptick. Despite this strong daily momentum, the token remains 2.13% lower on the weekly timeframe, signaling a market still seeking sustained direction.

Source: CoinMarketCap

Descending Channel Reaches Critical Point

Crypto analyst Profit Demon noted that HBAR is currently testing the lower boundary of a descending channel on the weekly chart. According to the analysis, a technical rebound from this level could trigger a broader bullish trajectory, placing potential upside targets at $0.155, $0.23, $0.30, $0.40, and even $0.60. Market watchers are now observing whether the current surge can evolve into a confirmed reversal.

Source: X

WBTC Launches on Hedera Network

Adding momentum to the market narrative, Hedera confirmed that Wrapped Bitcoin (WBTC), the most widely used tokenized form of Bitcoin, is now officially live on its network. The expansion, follows collaboration with key ecosystem partners including BitGo, BiT Global Trust, and LayerZero Labs.

The integration represents one of Hedera’s most substantial steps toward strengthening its institutional-grade infrastructure. WBTC currently dominates the tokenized Bitcoin segment, holding more than 126,000 BTC in custody and maintaining a market capitalization exceeding $13 billion. With approximately 65% of the tokenized Bitcoin share on Ethereum, WBTC stands as the market standard for Bitcoin representation across DeFi platforms.

Bringing WBTC to Hedera gives the network access to a fully collateralized asset backed 1:1 by Bitcoin held in secure custody. Hedera emphasized that this ensures transparency and preserves the credibility that positioned WBTC as an industry benchmark.

Also Read | Hedera Hashgraph (HBAR) Eyes $0.19 Bounce as Key Support Holds

WBTC Boosts Liquidity Across Hedera DeFi

The arrival of WBTC introduces a new depth of liquidity to Hedera’s evolving DeFi ecosystem. Developers now gain access to a trusted, high-value asset for constructing advanced financial applications, while users can engage in activities such as lending, swapping, and yield optimization with Bitcoin-backed instruments.

Cross-chain connectivity is supported through Stargate Finance, and SaucerSwap Labs has already launched initial trading pools for WBTC. Hedera underscored that its architecture, designed to eliminate MEV and front-running while maintaining predictable low fees, positions the network as a compelling environment for BTC-powered decentralized finance, often referred to as BTCFi.

For Bitcoin holders, the integration marks a step toward enabling BTC to operate more securely and productively within Hedera’s expanding ecosystem, opening pathways to a more efficient digital asset experience.

Also Read | Hedera (HBAR) Rockets 10% in 24H, Could $0.40 Be Next?

Piyasa Fırsatı
Wrapped BTC Logosu
Wrapped BTC Fiyatı(WBTC)
$85,341.64
$85,341.64$85,341.64
-1.79%
USD
Wrapped BTC (WBTC) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

XRP gaat multichain: 5 inzichten uit Ripple’s strategie op Solana Breakpoint

XRP gaat multichain: 5 inzichten uit Ripple’s strategie op Solana Breakpoint

Ripple zet een duidelijke stap richting een bredere rol voor XRP binnen het multichain-ecosysteem. Tijdens het Solana Breakpoint-event lichtte Luke Judges, Global
Paylaş
Coinstats2025/12/16 00:17
Market Direction and Use Case Comparison for 2026 –

Market Direction and Use Case Comparison for 2026 –

The post Market Direction and Use Case Comparison for 2026 – appeared on BitcoinEthereumNews.com. Cryptocurrency markets remain mixed as major assets show varying
Paylaş
BitcoinEthereumNews2025/12/16 00:21
How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings

How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings

The post How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings appeared on BitcoinEthereumNews.com. contributor Posted: September 17, 2025 As digital assets continue to reshape global finance, cloud mining has become one of the most effective ways for investors to generate stable passive income. Addressing the growing demand for simplicity, security, and profitability, IeByte has officially upgraded its fully automated cloud mining platform, empowering both beginners and experienced investors to earn Bitcoin, Dogecoin, and other mainstream cryptocurrencies without the need for hardware or technical expertise. Why cloud mining in 2025? Traditional crypto mining requires expensive hardware, high electricity costs, and constant maintenance. In 2025, with blockchain networks becoming more competitive, these barriers have grown even higher. Cloud mining solves this by allowing users to lease professional mining power remotely, eliminating the upfront costs and complexity. IeByte stands at the forefront of this transformation, offering investors a transparent and seamless path to daily earnings. IeByte’s upgraded auto-cloud mining platform With its latest upgrade, IeByte introduces: Full Automation: Mining contracts can be activated in just one click, with all processes handled by IeByte’s servers. Enhanced Security: Bank-grade encryption, cold wallets, and real-time monitoring protect every transaction. Scalable Options: From starter packages to high-level investment contracts, investors can choose the plan that matches their goals. Global Reach: Already trusted by users in over 100 countries. Mining contracts for 2025 IeByte offers a wide range of contracts tailored for every investor level. From entry-level plans with daily returns to premium high-yield packages, the platform ensures maximum accessibility. Contract Type Duration Price Daily Reward Total Earnings (Principal + Profit) Starter Contract 1 Day $200 $6 $200 + $6 + $10 bonus Bronze Basic Contract 2 Days $500 $13.5 $500 + $27 Bronze Basic Contract 3 Days $1,200 $36 $1,200 + $108 Silver Advanced Contract 1 Day $5,000 $175 $5,000 + $175 Silver Advanced Contract 2 Days $8,000 $320 $8,000 + $640 Silver…
Paylaş
BitcoinEthereumNews2025/09/17 23:48