So, on Monday, the wider world of token entrepreneurs and investors took notice when the company opened registration for its fifth sale.
TrustToken, a platform that aims to simplify trading real-world assets on a blockchain.
The smart contract will require that a certain amount of trust token be set aside for any given asset.
With the listing, TrustToken aims to raise another $61 million selling 435 million of its ethereum-based trust tokens.
(The company has previously raised $20 million in backing from major investors, including BlockTower Capital, Danhua Capital and Andreessen Horowitz).
Coinbase dominated headlines across the space this week with a pair of significant developments. The San Francisco–based exchange announced on Monday, June 11, its intention to add Ethereum Classic to its trading platform and then quickly followed the news on Tuesday with the official opening of a crypto index fund.
With price consolidating near the value area low (VAL), analysts are now evaluating whether a bottom is forming and whether ASTER is preparing for a potential rotation toward higher resistance levels.
Ethereum price trades within a rising wedge at $3,200, a bearish pattern signaling weakening momentum and raising the likelihood of a breakdown toward lower support regions.
HBAR’s recent price action has highlighted the importance of the $0.12 support zone, a level that has held the asset steady despite broader market volatility.