Bitcoin Traders Brace for These 4 Key Macro Events This Week
Here are the four major events likely to matter the most for BTC and the broader crypto market for the week ahead.
IBM signs a deal for Hedera-based AI agents, while BlackRock’s net assets on HBAR soar beyond $40 billion. Continue reading at DailyCoin.
Hedera Hashgraph (HBAR) is one of the most popular DLT-based chains across the globe, backed by tech giants such as IBM, Google, Samsung, LG & Apple. On the other hand, the double-digit price downswing from last-year highs has planted a seed of doubt in HBAR’s growth this year. Until IBM & BlackRock both provided the crowd with a pleasant surprise. HBAR Double-Digit Rally Tacks On IBM, BlackRock Deals A plethora of bullish developments fell in line on Monday to produce the 26% uptick, pushing the OG altcoin towards $0.13. Looking from a technical perspective, HBAR’s setup was amongst one of the most-bullish judging from the Elliott Wave analysis traders have pointed out a few weeks ago. From a macro perspective, there’s top-notch tokenization action going on. https://twitter.com/Morecryptoonl/status/2104554133667676242 Also, the 6-year-old HBAR price compression seems to have played out well. The multi-year ascending resistance at $0.40 is now back on the horizon, argues technical analyst Chart Nerd. On top of that, HBAR has been printing higher lows all the way from 2020 throughout 2026 to establish a confluent resistance level around $0.10, successfully breaking it upwards. https://twitter.com/ChartNerdTA/status/2104252790696726954 Another huge catalyst is BlackRock’s tokenization of BlackRock’s ICS US Treasury Money Market Fund, assisted by Securitize. This new multi-billion dollar tokenization bid has put the net assets figure above $40 billion on Monday, but that figure will change once the deployment of these money-market funds (MMFs) is fully completed on Hedera Hasgraph (HBAR). Most recently, The Hashgraph Group announced on September 23 that the HBAR-IDTrust platform had been validated and listed on the IBM Cloud Catalog. This provides enterprises access to identity infrastructure for agents, devices & people. The actual number of enterprise deployments & amounts of identity traffic routed through Hedera isn’t disclosed yet. Delve into DailyCoin’s popular crypto news today:IBM Links Crypto Haven To SWIFT With Stellar LinkBitcoin Won’t 10x This Cycle. Here’s Why That’s Bullish
Here are the four major events likely to matter the most for BTC and the broader crypto market for the week ahead.
Here are the four major events likely to matter the most for BTC and the broader crypto market for the week ahead.
Bitcoin is about to get a major bullish signal it hasn't had in over a year CoinDesk
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