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Hedera (HBAR), despite the very unpredictable cryptocurrency market, has demonstrated its ability to defy trends by recording more than 14% increase on its price chart, Sunday. Hedera has not only held its place despite the volatile circumstances that frequently affect other digital assets, but has also shown steady resilience.
Recent reports revealed that Hyundai and Kia, two South Korean automotive manufacturers, will deploy their CO2 monitoring system on the Hedera network.
Hedera Price Analysis: A bullish reversal from the support trendline hints HBAR price to prolong the recovery trendDefying the broader market bearishness, the Hedera coin shows a strong rebound from the ascending support trendline and maintaining its overall bullish outlook. Over the past two months, the crypto buyers have obtained dynamic support from this trendline
HBAR, the native crypto asset of the Hedera blockchain, remains a surprise winner while the entire crypto market experienced a sell-off near the conclusion of the week.
In a twist of fate that has sent shockwaves through the cryptocurrency world, the native digital currency of the Hedera blockchain, known as HBAR, has embarked on an astonishing upward journey, capturing the rapt attention of both avid cryptocurrency enthusiasts and seasoned investors alike. In a single trading session, HBAR achieved a remarkable milestone, etching an impressive and sizeable green daily candlestick on the charts.
In the ever-evolving world of cryptocurrencies, where uncertainty and volatility often reign supreme, a recent twist of fate has brought forth a beacon of hope: Hedera's HBAR token. Amidst a backdrop of market downturn, this unassuming token has emerged as an unexpected hero, capturing the spotlight with its astonishing rally.
U.S. Federal Reserve Embraces Micropayments Innovation with Dropp on Hedera Hashgraph The U.S. Federal Reserve has taken a forward leap in payment technology by incorporating the micropayments platform Dropp onto the Hedera Hashgraph network. This integration has been seamlessly integrated into the FedNow instant payments platform and has significantly propelled the value of the HBAR token, recording a remarkable surge of over 15%.
Hedera Hashgraph's HBAR token took the lead among major cryptocurrencies over the last 24 hours, after the U.S. Federal Reserve's FedNow added a Hedera Hashgraph-based micropayments platform, Dropp, as a service provider. FedNow is an instant payment service provider developed by the Fed for depository institutions in the U.S. CoinDesk's Jennifer Sanasie presents "The Chart of the Day.
Today, most cryptocurrencies in the crypto market are going down, but there are a couple of Altcoins that are going up. Bitcoin's price is staying around $29,150, and it's not going above $30,000 yet.
Hedera [HBAR] witnessed massive growth on the social front in the last two days. Additionally, some bullish movement also led to a surge of 33% in the price of HBAR.
In a recent development that has sent waves through the cryptocurrency world, Hedera Hashgraph has experienced a notable surge of 9% within the last 24 hours. This surge is attributed to Hedera's collaboration with FedNow and the integration of Dropp as a service provider.
Hedera (HBAR) has stolen the limelight by becoming the highest-gaining cryptocurrency in the past 24 hours. As investors eagerly accumulate, the token's price exhibits a roller-coaster ride of volatility.
The crypto markets are consolidating within a narrow range as the Bitcoin price remains stuck around $29,300. The recent bullish push lifted the price above the interim resistance, but the bulls failed to hold the rally above the gains. As a result, the price slipped while the popular altcoins continued to display bullish momentum.
In an electrifying display of market momentum, Hedera (HBAR) cryptocurrency briefly surged by an impressive 25% over the past week. The climb has triggered a wave of attention within the cryptocurrency landscape, as enthusiasts and investors closely monitor HBAR's exceptional ascent.
The Fed has incorporated Dropp, a Hedera-based micropayments platform using DLT technology, into its recently launched FedNow service. FedNow connects financial institutions, businesses, and service providers to bolster digital payments infrastructure.
Could Hedera price potentially be 10x in the near future? Let's take a look at this in more detail.
The Hedera Hashgraph network-based micropayments platform Dropp has been included in the list of “service provider showcase” on the Federal Reserve's FedNow payment service website.
Hedera was the highest-gaining crypto asset in the last 24 hours. While accumulation continues to climb, the token's price remains severely volatile.
This could be the biggest catalyst for the crypto sector in some time, and it's tied to Hedera, of all tokens
HBAR has soared with momentum after the US Federal Reserve adopted the Hedera Hashgraph-based Dropp micropayments platform. According to the announcement, Dropp is now on the list of service providers on Fed's FedNow instant payment system.
The token has now rallied nearly 50% over the past two months.
FedNow, the instantaneous payment system operated by the US Federal Reserve, has incorporated Dropp, a microtransaction platform built on the Hedera Hashgraph network, into its list of approved service providers.
The Hedera (HBAR) price has cleared a long, and short-term diagonal resistance line. It increased sharply on August 14.
The collaboration between FedNow and Dropp has garnered mixed reactions from the crypto community.
