Author: rb809rb

  • Strategy: Index Providers Should Measure Markets, Not Dictate Corporate Assets

    Strategy: Index Providers Should Measure Markets, Not Dictate Corporate Assets

    For a company that runs a corporate treasury around bitcoin, the most important gatekeeper is no longer a bank or a securities regulator. It may be the committee that decides which public companies belong in benchmarks watched by trillions of dollars in passive capital. Strategy, the bitcoin treasury company, is now pressing that point in public: index providers should reflect markets, not police corporate balance sheets.

    According to the CoinDesk report, Strategy said index providers should measure markets rather than determine which assets public companies are allowed to own.

    The statement speaks to a structural tension that gets little attention in ordinary market coverage. MSCI and other index creators have become de facto regulators of corporate behavior. Inclusion decisions shape passive fund flows, cheap index-tracking capital, and sometimes access to certain investor bases. When that power extends into what a company can keep on its balance sheet, the index provider stops being a neutral yardstick and starts making allocative choices.

    The Benchmark Gatekeeper Problem

    Benchmark methodology is usually framed as a technical exercise. Sector classifications, liquidity screens, and investability rules determine whether a stock enters a major index. For corporate treasuries holding bitcoin, that framing creates a practical risk. A company could meet every conventional test but still face scrutiny because a committee views treasury assets as outside the normal course of a public company’s business.

    Strategy’s position is that this is backwards. The company has made bitcoin the central reserve asset on its balance sheet, a model that some investors treat as a leveraged bitcoin proxy and others view as a structural anomaly. From Strategy’s perspective, the market should price that choice. Index providers should then measure the resulting company, not validate or reject the treasury strategy.

    The distinction matters because passive investment has grown enough to make index inclusion a funding channel. When a decision about eligibility changes, it can alter demand for that stock before the company changes anything about its operations. That is exactly the kind of market impact that normally belongs to investors, not to a committee publishing a rulebook.

    The specific asset class matters less than the broader principle. If an index provider can label certain treasury holdings as disqualifying, it creates two classes of public companies: those whose assets are considered ordinary and those whose assets require special permission. That is a strange role for a company whose main product is a ranking system.

    Why This Flares Up Now

    The pushback arrives while institutional exposure to crypto has been migrating from private funds into more visible public markets. Tokenized real-world assets have moved past milestone levels on-chain, and even non-bitcoin sectors have been absorbing institutional flows, as recent tokenization data showed. In that environment, more public companies are likely to hold digital assets directly, making benchmark treatment a live question rather than a hypothetical one.

    There is also a Washington thread. Crypto market structure remains unsettled in the United States, and banking interests are already fighting landmark legislation before a Senate vote. If lawmakers and bank lobbyists are still negotiating what crypto participation looks like, it is not surprising that index providers are being watched as another layer of gatekeeping.

    Institutional demand has also broadened beyond a single asset. Some platforms are pulling in capital through institutional staking and payments integrations, suggesting that corporate and fund-level exposure will keep expanding. The more that expansion reaches public company treasuries, the more index methodology will affect actual issuance and balance sheet decisions.

    The Risk of a Quiet Precedent

    There is no public sign that MSCI has proposed a specific rule against bitcoin treasury companies. The danger is not necessarily an explicit ban, but a slow drift in which methodology language treats certain assets as abnormal, forcing companies to justify their reserves to a committee rather than to their shareholders.

    That drift would be hard to reverse. Benchmark rules are sticky by design. Investors want stable classification systems, but stability can turn into orthodoxy when committees become reluctant to adapt. Strategy’s complaint is essentially that market participants should own that adaptation, not subcontract it to a small group of index researchers.

    What remains uncertain is whether index providers signal any willingness to explicitly exclude or constrain companies with large crypto treasury positions. Without that signal, Strategy’s statement reads as an early warning rather than a response to an announced change. For investors, the key question is whether that warning becomes a broader corporate campaign or remains a single company defending its balance sheet.

  • ‘Frozen 3’ First Details: Anna and Kristoff Get Married, Olaf Gets a Girlfriend and a New Villain Emerges

    ‘Frozen 3’ First Details: Anna and Kristoff Get Married, Olaf Gets a Girlfriend and a New Villain Emerges

    Thanksgiving 2027 is about to get a lot colder.

    Disney has revealed the first details about “Frozen 3,” which will release in theaters Nov. 24, 2027, following the previous two films’ tradition of Thanksgiving-centered premiere dates.

    Set in the fictional land of Arendelle, the cast of voice actors includes Kristen Bell as Anna, Idina Menzel as Elsa, Jonathan Groff as Kristoff and Josh Gad as Olaf.

    The plot is being kept hush-hush, but we now know that Anna and Kristoff get married, a new villain is introduced and Olaf is getting a love interest named Samantha.

    Disney revealed the concept art for “Frozen 3″ by Britney Lee back in August 2024, which showed Elsa on a white horse and Anna on a brown stag.

    Bell previously told Variety in October 2025 that production was getting underway, though she hadn’t heard any of the film’s music at that point. The actress also denied reports she’ll earn $60 million to reprise her role as Princess Anna, though she didn’t disclose how much she’ll be paid.

    Former Disney CEO Bob Iger had also revealed that a fourth installment of “Frozen” is already in the works, though no further information has been released. Husband-and-wife duo Kristen Anderson-Lopez and Robert Lopez will compose the music for the two upcoming projects after serving as songwriters for the first two films.

    The first “Frozen” premiered in 2013 and was co-directed by Chris Buck and Jennifer Lee, who also wrote the film. Inspired by “The Snow Queen” by Hans Christian Andersen, “Frozen” went on to earn $1.3 billion worldwide and won two Oscars, including Best Animated Feature. Buck and Lee returned to helm the 2019 sequel, which brought in $1.45 billion.

  • Former Bybit CEO startup ABFinance cancels launch plans

    Former Bybit CEO startup ABFinance cancels launch plans

    ABFinance, the U.S. finance startup founded by former Bybit co-CEO Helen Liu, has announced that it will begin winding down.

    17 major crypto businesses and about 95 total projects have already closed so far in 2026.

    Why is ABFinance closing down?

    Helen Liu unveiled ABFinance in mid-March, days after Bybit confirmed her exit. Liu was building the platform in the United States with full U.S. licensing in place from day one. The idea behind the product was to create a single platform that would handle deposits, trading, earning, and payments while linking fiat currency to crypto.

    ABFinance announced on August 14, about four months after its initial unveiling, that it will not move forward with its launch and said it is “winding down in an orderly manner” on its X (formerly Twitter) account.

    The company thanked its community, partners, and people who “built” alongside it.

    No specific reason was given for the shutdown, and the company also did not say what would happen to its education program.

    The program, ABF Learn, was ABFinance’s only export, designed for students and people early in their careers to help them understand how banking, AI, and digital assets work together.

    How bad has 2026 been for crypto companies?

    ABFinance is just one of many crypto companies that closed in 2026. By late July, Cryptopolitan counted 17 major crypto ventures that had closed. In total, about 95 projects shut down during the year. Industry experts blame the shutdowns on a long bear market and on the fact that businesses are merging into fewer big platforms.

    Other companies that shut down this year include Bitmart, which said in July that it would close its worldwide operations. The exchange had been running for nine years.

    BitMEX ended its 11-year run around the same time while Bitwise cut about 14% of its staff in August. The company’s main index fund lost a lot of value. Its net assets fell 48.27% to $532.8 million in the first half of the year.

    In May, Syndicate Labs, Everclear and ZERO Network closed within hours of each other.

  • XRP Ledger’s XAO DAO Plans Major Governance Upgrades to Boost Community Participation

    XRP Ledger’s XAO DAO Plans Major Governance Upgrades to Boost Community Participation

    XAO DAO is preparing a series of governance changes for the $XRP Ledger over the next two to three months, according to Fabio Marzella, the organization’s co-founder.

    The planned changes would let members delegate voting power, adjust quorum rules, and access community mini-grants, as the DAO looks to make participation easier and more representative, at a moment when several XRPL projects have already scaled back or shut down.

    XAO DAO Targets Broader Participation

    Marzella said the first change would introduce wallet delegation, allowing members to hand their voting power to others when they lack the time or expertise to vote on individual proposals.

    The DAO is also reviewing its quorum requirements, including how inactive wallets count toward proposal thresholds. The stated aim is to prevent inactive participation from blocking decisions while keeping governance tied to the active community.

    Community mini grants are another planned addition. Under the proposal, members would be able to submit smaller initiatives and seek funding for projects that contribute to the XRPL ecosystem.

    “These aren’t changes for the sake of change,” Marzella wrote. He said the broader goal is to create a DAO where the community has “the ability to act” rather than simply having a vote.

    The timing comes as questions around developer support have grown within the XRPL community. On August 13, Marzella said the shutdown of Gen3’s retail platforms showed that funding developers alone does not solve the problem of building lasting businesses.

    You may also like:

    • Attacker Drains 200K $XRP From Bridge Using Fake Deposit
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    Gen3, an XRPL infrastructure team, said on August 12 it would spin down two of its retail products, aigent.run and AxiomProtocol, citing weak user demand and rising infrastructure costs. Gen3 said the platforms will stay live for another month, until September 13, so users can withdraw remaining funds, and that it will keep running its core XRPL infrastructure and take part in the ledger’s amendment process.

    Marzella pointed to the Gen3 news as evidence of a bigger problem, arguing that funding developers only solves half the issue if there’s no path from a funded project to a sustainable business. Builder Handy Andy, replying in the same thread, described colleagues quietly calculating how much longer they can keep funding their own work without support, calling it “the last roll of the dice” for some.

    Activity Is Up

    The reshuffle comes as $XRP closed near a 21-month low this week, and Santiment data shows daily active addresses averaging 35,700 in August, up from 26,400 in July, even though the number of new wallets has stayed almost flat.

    That distinction may matter for XAO DAO’s participation plans. More activity among existing users does not automatically mean a larger pool of people taking part in governance.

    As it stands, Marzella has not provided a final timetable or detailed voting mechanics for the proposed changes, instead promising that more information will follow as each initiative progresses, leaving the community to see how delegation, quorum changes and mini grants are eventually implemented.

  • Mangione pleads guilty as polarising CEO killing reaches new phase

    Mangione pleads guilty as polarising CEO killing reaches new phase

    Luigi Mangione pleaded guilty to federal charges over the fatal shooting of UnitedHealthcare CEO Brian Thompson in 2024. Mangione became a polarising figure amid wider anger over the US health insurance system.

  • Amélie Hoeferle on Sisterhood, ‘Sterling Point’ and How She Found Her Love for Acting

    Amélie Hoeferle on Sisterhood, ‘Sterling Point’ and How She Found Her Love for Acting

    Amélie Hoeferle was a 14-year-old girl waiting for her mom at a Cleveland, Tennessee, coffee shop, when a woman in her 20s approached her for a conversation that would change the trajectory of her life and career.

    She’d just finished her homework up and was nearing the exit when the young woman stopped her. “She said, ‘I know this is going to sound really weird, and it’s really freaking me out. I’m writing a screenplay right now and you look exactly how I imagine this character to be,’” a present-day Hoeferle tells The Hollywood Reporter.

    Neither Hoeferle or her mother knew what to make of it, but Hoeferle was never afraid of the woman nor scared of the situation. That 20-something woman, writer-director Erica Scoggins, it turns out, was a family friend, so a meeting was set to talk about the script. They spent hours talking and ended up making a short film together.

    “That was my introduction to film,” says Hoferle. “We went to a couple film festivals with it and flew to France. Erica’s really the main reason why I thought it would even be an option for me in life to do this.”

    Hoeferle, now 24, still regularly keeps in touch with Scoggins. The pair saw each other just weeks before the premiere of the actress’ Prime Video series Sterling Point.

    Hoeferle plays Ramona in the Megan Park-created coming-of-age series, which premiered Aug. 5. Sisterhood, something Hoeferle feels deeply about, plays a major factor in Ramona’s story. She and Sterling Point’s other lead character, Ella Rubin’s Annie, spend much of the series navigating their newfound relationship after meeting in the series premiere.

    “The concept of finding out you have a sister, but you don’t obviously have a relationship with her, really interested me,” Hoeferle says. The actress has a sister herself — she clarifies they’ve had a more conventional sibling relationship since birth and recently moved in together — so shooting Sterling Point really hit home.

    What initially drew her into the project was the complicated relationship between Ramona and Annie. It’s the heart of the story in Sterling Point, and it’s something that Hoeferle and Rubin talked about at length. “Sisterhood between two sisters is so raw, and it’s complicated. It’s a complicated relationship. When it’s good, it’s so good,” she says.

    “It feels like you are the luckiest person on earth to get this. I’m going to cry,” she adds, tearing up. Hoeferle admits she’s thinking of her real sister, who she’s thanked her parents for giving her.

    On the other hand, “When it’s bad, it’s earth-shattering. It’s like the rug is being pulled out underneath you,” she says.

    Hoeferle has a supportive and loving family, but she nonetheless relates to Ramona’s feelings of not having any family outside of Annie. “In those very rare moments where my sister and I don’t get along, it feels like my life is being really challenged, and my stability is being challenged because so much of who I am as a person, I am because of her,” she says.

    The feelings are easy to analyze after the fact, sometimes less so on set in front of cameras and a room full of people. Hoeferle found that the days where she and Rubin’s character had tension in their scenes could be particularly hard, because she couldn’t always access what it was like to be in such a fraught situation.

    “In those moments, my sympathetic nervous system might be a bit more on fire, and I have less access to what I’m saying, what I’m doing,” she says. “There’s a dolly all around you, and I felt so much internal pressure that day to portraying this in an honest way,” she says. Of one particular scene between Ramona and Annie, she says, “I couldn’t seem to access what that honest way would be because I feel like I almost suppress the memories of me fighting with my sister.”

    Those days were exceptions while making Sterling Point, however. “I was very thankful that I got to play a sister and explore that in a different world with different circumstances than my own,” she says.

    A big part of what made the experience, and the show itself, work was her chemistry with Rubin. “I wish I had an interesting answer for you, but it was very natural,” she says.

    Hoeferle had a feeling from the minute she met Rubin during the audition process that the pair clicked, but she wasn’t always sure of the future. “I wouldn’t even say I had a feeling it was going to be the two of us because I did not have that confidence with myself,” she says.

    When the pair met, Hoeferle had pneumonia. She wasn’t feeling the most confident and was soldiering through antibiotics, but she could still feel something special was happening.

    “You know when meet someone and you just feel a certain air between the two of you? There was something there with her in the room and it felt right,” she says. “We’re on the same railroad tracks right now. We have the same goal in mind, and that really translated onto set and into the scenes.”

    Hoeferle also liked that her character was sad, as odd as that might sound. She was able to show a “real” and “raw” portrayal of depression in a young woman, which enticed her to the role. “[Ramona’s] a sad person, and she has every reason to be,” she says. “She’s gone through things that I have never gone through. She’s gone through more than most 16- or 17-year-olds do.”

    Park gave Hoeferle and the rest of the cast much more freedom than most creatives would in finding their own characters. “I’ve done barely anything, so to be in a scene and for Megan to go, ‘Yeah, this is the script, but just go and play,’ was really disarming in the best way,” she says. “There’s just a level of understanding. I felt very trusted.”

  • California Pledged $750 Million a Year to Hollywood. But a New Law Has a Big Catch

    California Pledged $750 Million a Year to Hollywood. But a New Law Has a Big Catch

    The entertainment industry in California won a crucial lifeline when Gov. Gavin Newsom signed a $420 million boost to the state’s film and TV tax incentives program into law in 2025.

    Now, stakeholders claim that win is in jeopardy thanks to language in a recent state budget bill that was signed into law on June 29. And they’re racing to pass a solution by the end of the legislative session.

    “Budget bill SB 122 puts our program at risk by retroactively changing the rules and threatening the recovery efforts of our already fragile industry throughout California,” reads one letter that entertainment unions are encouraging their members to send to legislators. “Changing the rules after the fact creates uncertainty and instability, further disrupting our struggling industry.”

    The letter calls for the legislature to exempt the entertainment industry from the bill in question, SB 122. So far, around 350,000 such messages have been sent to legislators from union members, a spokesperson for the Entertainment Union Coalition tell The Hollywood Reporter.

    SB 122 extends temporary caps on the use of business tax credits over $5 million in a given tax year and, starting in 2030, enshrines a permanent tax credit cap of 70 percent of a taxpayer’s liability or $5 million, whichever is greater. Practically speaking, that means that if a major studio has earned tens of millions in tax credits in a single year by locating their productions in the state, it could take years to realize the full value of those credits.

    For instance Paramount nabbed $37.7 million in tax credits, including for Viola Davis thriller Ascent and a sequel series to the film Clueless, from the California Film Commission in its latest round of incentives. As the studio puts these projects into production, however, it will need to keep in mind that for now SB 122 is capping the amount of credits it can get back in a year to $5 million, with rules slightly modified starting in 2030. Same scenario for Disney, which received $45 million from California to shoot a big as-of-now untitled detective series in the state. Disney can only get back a fraction of the tax credits it earns in California annually.

    Critics say this slow payout process will diminish the value of California’s film and television tax credit program which, along with the uncertainty created by this sudden change in policy, could persuade skittish productions to take their business elsewhere.

    Legislators including State Assemblymember Rick Chavez Zbur and Senator Ben Allen — who both carried bills realizing 2025’s tax credit boost — are working on finding a legislative solution. “I am confident that we all can work together to make some changes to SB 122 that continues to allow the film tax credit program to achieve its goals, which is to preserve and grow the film and television industry in California,” Zbur said in an interview.

    Sources tell THR that entertainment organizations were blindsided by finding themselves exposed to the tax credit cap. Some were allegedly told that the industry would be carved out from the bill, only to later learn that they weren’t.

    To Zbur, it was a matter of simple confusion. “When we were voting on SB 122, I think there was confusion about the details of it. I think members believed that the film and TV tax credit was exempt from the program,” he said. “As it turns out, the exemption that was in the bill was an exemption only to the refundability aspects of the program, which basically meant that the program was not exempt in the end.”

    Since the $750 million tax credit was signed into law last year, Los Angeles hasn’t yet experienced a significant recovery in production levels. Still, advocates believe they may soon see a turnaround as projects that earned credits — like the nine TV shows recently awarded $145.5 million to film in California — get going. The budget trailer bill, they claim, will dampen a return to form that has barely gotten started.

    “Amending SB 122 is essential to helping to ensure that the next production happens in California rather than in the United Kingdom, Australia, Georgia, Vancouver or Saudi Arabia,” Brigitta Romanov, the president of the California IATSE Council, said in a statement to The Hollywood Reporter. “For IATSE members, this legislation is about helping to ensure the entertainment industry continues to fuel jobs that feed families and our state’s economy.”

    Also threatening momentum for production in California is the Paramount-Skydance Warner Bros. megamerger hanging in the balance. Amid legal fights over the legality of the deal, Paramount Skydance CEO David Ellison has threatened to move one or, if he succeeds in merging the companies, two studios out of California if the parties don’t come to a settlement by Oct. 1. The relocation threat may be an unrealistic bargaining tactic, but it’s not calming any nerves about production levels in California.

    Within this delicate environment, the fight against SB 122 has become a last-minute scramble, with advocates trying to get an amendment in motion before the legislative session adjourns on August 31. Some kind of solution to resolve industry concerns is expected to be proposed within the next week. 

    “Our success in last year’s fight was a direct reflection of the engagement and voices of our members,” at least a couple of entertainment unions have said in messages to members, referencing the 2025 tax credit increase. “We are now asking our members to once again use their voice to raise the concerns about our fragile industry and call for an urgent solution.”

  • Matthew McConaughey on the Time He Helped Catch a Murderer

    Matthew McConaughey on the Time He Helped Catch a Murderer

    Matthew McConaughey is officially back.

    On Friday afternoon, the revered actor descended upon Filmland, an annual film festival in Little Rock, Arkansas, to receive the Variety Legend & Groundbreaker Award as well as present a screening of his latest film, “The Rivals of Amziah King,” wherein he stars as a honey-maker who finds himself roped into a criminal plot. Directed by Andrew Patterson, and marking the stellar debut of co-star Angelina LookingGlass, “The Rivals of Amziah King” is the first film McConaughey shot in five years, and our critic said it marks a welcome return for the actor, with the role fitting him “like a glove” while also being “different from anything he’s every done.”

    Prior to the screening, the Oscar-winning actor sat down for a conversation with filmmaker Jeff Nichols, a Little Rock native and co-founder of both the Arkansas Cinema Society and its film festival, Filmland, as well as the man who directed McConaughey in 2012’s “Mud,” which marked the beginning of what became known as the “McConaissance.”

    McConaughey, 56, was his usual charming, gregarious self, regaling the crowd at the Arkansas Museum of Fine Arts with tales from the set, including his unforgettable film debut in Richard Linklater’s 1993 cult classic “Dazed and Confused” and working with Christopher Nolan on 2014’s “Interstellar.”

    “Christopher Nolan came to me because of ‘Mud,’” McConaughey told Nichols, since Nolan apparently got to screen an early cut of “Mud,” owing to a relationship with one of its producers, Aaron Ryder.

    And McConaughey had nothing but glowing praise for “The Odyssey” director concerning their time together working on “Interstellar.”

    “He’s an absolute general, but he’s first there and last to leave, and literally first up the mountain and last down the mountain. It’s hard, it’s long, it’s a full commitment,” said McConaughey, adding, “You don’t see a phone on that set. There’s no checking out with the outside world. You are consumed.” But he was also quick to note that Nolan “has a great sense of humor… without trying to be funny.”

    One of the most surprising revelations concerned McConaughey’s screen debut in an episode of “Unsolved Mysteries” that aired Dec. 2, 1992. McConaughey played Larry Dean Dickens, a Marine in Pasadena, Texas, who confronted a man, Edward Harold Bell, who was exposing himself to children. During the confrontation, which occurred back in August of 1978, Bell shot Dickens with a pistol, and then went back to his truck, grabbed a rifle, and shot him in the forehead, killing him. Bell then escaped to Mexico and Central America, where he was on the run for 14 years.

    Viewers recognized Bell from the reenactment in the “Unsolved Mysteries” episode and, on Feb. 14, 1993, a joint operation between the FBI and Panamanian National Police led to the capture of Bell in Panama City. Bell admitted to committing 11 murders, but was only convicted of Dickens’. He died in a Texas prison in 2019 at the age of 79.  

    Cue McConaughey, who cracked: “I’m gonna toot my own horn a little bit. The ‘Unsolved Mysteries’ episode I did? They caught the guy weeks later — based on what I did.”

  • Adam Scott Says Daughter Had to Watch His ‘Office’ Audition Tape in Acting Class: “What Not to Do”

    Adam Scott Says Daughter Had to Watch His ‘Office’ Audition Tape in Acting Class: “What Not to Do”

    Adam Scott‘s audition tape for The Office is now part of the curriculum in a prestigious acting class, he revealed during an appearance on The Tonight Show Starring Jimmy Fallon. But it’s not all good news for the actor, as he joked his audition is an example of “what not to do.”

    On Thursday night’s episode, Scott shared that his daughter participated in an acting program over the summer in New York while he and his family were in town as Scott films the third season of Severance.

    On the first day, Scott recalled, the teacher showed Scott’s Office audition and John Krasinski’s Office audition.

    “And then he put it to the class like, ‘OK. Let’s discuss why he got the job, and he didn’t,’” Scott said.

    Scott added that the teacher “had no idea” his daughter was in the class and that she was “mortified” by the experience.

    But Scott has found a silver lining to what happened.

    “I’m just happy to know that, like, in a prestigious acting class, I’m the subject of what not to do,” he joked to Fallon.

    Ultimately, the teacher realized who Scott’s daughter is: “When she was walking out, the teacher stopped her,” he recalled. “He’s like, ‘Hey, um, do you know one of them? Like, what…’ and then he kind of put two and two together with her last name, and he felt terrible.”

    Though Scott didn’t land the Jim Halpert role on The Office, he went on to work with Office writers Mike Schur and Greg Daniels on fellow NBC comedy Parks and Recreation.

    Scott told Fallon that he was currently filming the third season of Severance, noting that it had been almost two years since they finished shooting the second season of the acclaimed Apple TV workplace drama.

    But Scott was light on additional details, saying he can’t share anything about what happens in the new season, and he doesn’t even know when it will premiere.

  • HBAR price breaks $0.065 support — Is a 35% drop to $0.042 next?

    HBAR price breaks $0.065 support — Is a 35% drop to $0.042 next?

    The Hedera [$HBAR] token price has slipped below a local low at $0.065 and continued its bearish descent. Throughout 2026, the token has only seen a bearish side to its price action.

    Bounces, such as the 34.2% move toward the end of May, were quickly sold off. It appeared likely that the price would plunge another 35% in the coming weeks.

    In other news, Hedera highlighted the Web3 platform Kabila built for content creators, natively on Hedera. This will help target a problem in Web3, which is creators generating value while platforms control monetization.

    The long-term $HBAR price woes

    Interestingly, the Hedera token had rallied from $0.0417 to $0.4015 in November 2024 to January 2025. It has been retracing the move since then and has fallen below the 78.6% retracement level of this bullish move.

    This meant that, despite the persistent 18 months of bearish price action, the $HBAR long-term bias was bullish.

    That would be little solace to underwater investors and swing traders, though. As things stand, they can maintain a bearish bias for the coming weeks.

    Source: $HBAR/USDT on TradingView

    The price has slipped below the July low at $0.0653. The Stochastic RSI was in the bearish depths even on the daily timeframe, and the RSI was well below neutral 50. The RSI has been below neutral 50 for the majority of 2026, highlighting persistent downward momentum.

    The OBV was also in a slow decline, showing sellers have the upper hand.

    Seller dominance is evident on the price charts, too. As the daily timeframe highlighted, the $0.118 level, the 78.6% Fibonacci retracement on the HTF, was ceded very early in the year.

    Hence, a 35% move down to the $0.0417 area can be anticipated.

    Traders’ call to action- Sell

    The $HBAR price has slipped below July’s low, and further drawdown is likely, the technical indicators showed.

    Source: CoinGlass

    The 1-month liquidation map showed that the cluster of long liquidations around $0.065 has been hunted down for the most part. This can set up a potential price bounce toward a magnetic zone to the north.

    In this case, the $0.070-$0.073 area would be a target in case of a bounce.

    Yet, from a $HBAR price action perspective, the $0.0665-$0.0685 area represented a challenging supply zone. A bounce to either of these two regions would represent a selling opportunity.


    Final Summary

    • The $HBAR price action has been bearish throughout 2026.
    • The recent drop below the July swing low meant that a 35% slide can be expected in the coming weeks and months.