Last week, Hedera ($HBAR ), which Canary Capital's spot ETF transactions are conducted, experienced a rise when Brian Brooks' name was kept on the foundation's board of directors for #SEC chairman. HBAR, which has increased by more than 25% in the last 24 years, also saw its one-week return exceed 150%.
Brian Brooks, who previously served as the head of the US Office of the Comptroller of the Currency (OCC) during Donald Trump's term and later served as CEO of Binance.US for a short time, began to be mentioned for SEC chairman.
Brooks, who joined the board of directors of the Hedera Foundation, the trading institution of the HBAR token, in March 2023, and was included on Trump's list for SEC chairman, also increased the token's price. HBAR has increased by more than 25% in the last 24 years. HBAR's rise in the last week exceeded 150%, and its rise in the last 14 days exceeded 200%. HBAR, which is trading around $ 0.14, had reached 0.56 years of age in 2021 bull period.
Brian Brooks, known for being crypto-friendly, is one of the names remembered for his positive attitude towards advanced regulations in the cryptocurrency world… According to Eleanor Terrett, one of the Fox Business reporters, Brooks' name is not only mentioned for the SEC presidency, but also for the Commodity Futures Trading Commission (CFTC), Deposit Insurance Fund (FDIC), Office of the Comptroller of the Currency (OCC), Financial Industry Regulatory Authority (FINRA) and Financial Stability Oversight Council (FSOC).
US-based investment firm Canary Capital, which previously applied for Solana and Litecoin spot ETFs, surprisingly applied for the HBAR spot ETF this week.
Among these, Brian Brooks' name will also be mentioned in the meeting between Coinbase CEO Brian Armstrong and Donald Trump.
#HBARUSDT #90kCryptoZone #altcoins #donaldtrump
