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New account creation booms on HBAR's chain after Qatari signs a strategic partnership to build a digital assets studio.

TL;DR Hedera (HBAR) is experiencing strong momentum due to the increase in new accounts created on its network, generating positive expectations about its growth potential. Its network shows steady growth driven by both the rise in DeFi application usage and the spike in new address creation.

Hedera (HBAR) is rising after a spike in new account creation. The overall market recovery lifted HBAR, but the asset also reflects the organic growth of the Hedera project.

Ripple, the provider of enterprise blockchain and crypto solutions and XRPL Labs, the company that develops wallets and other software for the XRP ledger, have joined Swirlds Labs and the Algorand Foundation as the Founding Members of the DeRec Alliance, with two-year seats on the

New speculation is swirling within the cryptocurrency market regarding Citi's (NYSE: C) potential involvement with the Hedera (HBAR) Governing Council.

TL;DR Expansion and Goals: The DeRec Alliance has expanded with new members Ripple and XRPL Labs, joining forces with Algorand Foundation and Swirlds Labs to address the challenge of secure and user-friendly asset recovery in the Web3 ecosystem. Innovation and Methodology: Co-founded by Dr.

Ripple and XRPL Labs have partnered with Hedera and Algorand to form the DeRec Alliance, aiming to develop a new standard for digital asset recovery, bringing together industry leaders to enhance interoperability and accessibility in the crypto space.

Ripple, the issuer of XRP tokens, has formed a strategic alliance with Algorand and Hedera, aiming to revolutionize secret management.

Ripple and XRPL Labs are the two new big names to join the Decentralized Recovery Alliance (DeRec) as founding members. The two join Swirlds Labs and Algorand Foundation, with two-year seats on the Technical Oversight Committee.

Hedera (HBAR), the enterprise blockchain network entered this week with a 100% surge to $1.810 on May 2, a 2-year high. Driven by the anticipatory news of Blackrocks involvement in Hedera, which was later clarified to be false.This revelation led the price to correct back to a low of $0.

Following Bitcoin's (BTC) recent drop to $61,000, the cryptocurrency market is alive with speculation and excitement about a potential altcoin season. Analysts are forecasting a significant upturn in altcoin valuations, driven by Bitcoin's price movements and broader market dynamics.

The introduction of the Interchain Amplifier by Interop Labs marks a significant stride towards achieving broad interoperability across diverse blockchain networks.

Here are three undervalued altcoins to buy now before they shoot higher. Plus, the masses likely haven't heard of these names.

The on-chain Real World Asset pioneering crypto HBAR is put back down to earth after a fairytale run last week.

The rollercoaster for Hedera is ending as the consecutive declines draw the curtain on a fairy tale trend.

A widely followed cryptocurrency analyst and trader believes one type of crypto asset is about to implode. The analyst pseudonymously known as Credible Crypto tells his 391,500 followers on the social media platform X that memecoins could suddenly collapse in value.

HBAR, Hedera's native token, saw a sharp correction following clarification that the world's largest asset manager, BlackRock, was not directly involved in the tokenization of its ICS Treasury Fund on the Hedera network. HBAR Token Crashes By Almost 35% Data from CoinGecko shows that the HBAR token has declined by almost 35% since its price rose by over 100% on the back of the announcement, which many misinterpreted to mean that BlackRock tokenized its fund on the Hedera network.

Having recently made headlines for being one of the best performers in the crypto market, Hedera Bar (HBAR) is also in the spotlight today. However, this time, the attention is on its sudden flip to become the top crypto loser today.

Hedera (HBAR) and Pepe (PEPE) have experienced a rollercoaster ride in the past few days. The recent events have brought both excitement and challenges to these altcoins, prompting investors to scrutinize alternative investments like the new Algotech ($ALGT) currently in presale stage.

Blackrock denial that it was involved with Hedera caused HBAR to plunge 20% after a 109% rise.

Hedera hashgraph Hedera is a decentralized, open-source, proof-of-stake public ledger that utilizes the leaderless, asynchronous Byzantine Fault Tolerance (aBFT) hash graph consensus algorithm. The Hedera network will be governed by a council of leading global enterprises, across multiple industries and geographies.

Archax and The HBAR Foundation have introduced tokenized BlackRock ICS US Treasury money market fund offerings. It is meant to expand its MMF lineup on Hedera and Ethereum blockchains. This step aims to provide institutional stability and yield in the current interest-rate environment.

Asset management giant BlackRock has clarified that it has no commercial relationship with Hedera and did not choose Hedera Hashgraph to tokenize any of its funds.

The top crypto prices today crashed again as the Bitcoin (BTC) price fell to the $67,000 level. In addition, the Ethereum (ETH) price dropped below the $3,200 mark.