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HBAR Slips 2.6% to $0.1691 as Support Test Draws Heavy Volume

Hedera's native token, HBAR, experienced a 2.6% drop from $0.1736 to $0.1691 within 24 hours. However, strong support at $0.1688 triggered a rebound characterized by a significant trading volume spike, increasing by 32% to 63.6 million tokens. This uptick indicates renewed institutional interest as HBAR establishes a pattern of higher lows after briefly testing resistance at $0.1706. A double-bottom formation at the support level reinforces potential for recovery, with traders eyeing the near-term targets of $0.1720 to $0.1730. Continuous volume and buying pressure are deemed critical to validate this upward movement and challenge the prevailing downtrend.

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What DraftKings and FanDuel Prediction Market Plays Mean for the Sports Betting Biz

Sports betting giants FanDuel and DraftKings are shifting their strategies to compete with rapidly growing prediction markets, which saw weekly volumes exceed $2 billion. These prediction markets are allowing users to bet on various outcomes beyond sports, including politics and financial indicators, and could be worth $95.5 billion by

What DraftKings and FanDuel Prediction Market Plays Mean for the Sports Betting Biz

FanDuel and DraftKings, two titans of the sports betting industry, launched their own prediction markets in 2025 to compete with emerging leaders like Polymarket and Kalshi. Despite their entry, analysts from Bank of America expressed concern that they may be too late to make a significant impact. The prediction market

What DraftKings and FanDuel Prediction Market Plays Mean for the Sports Betting Biz

In 2025, sports betting giants FanDuel and DraftKings launched their own prediction markets as a response to the growing competition from players like Polymarket and Kalshi. However, analysts from Bank of America have expressed concerns about these companies being too late to secure a significant market share, downgrading their stock

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