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The tech giant Dell Technologies Inc. will be joining the governing council of the distributed ledger company Hedera Hashgraph LLC. Dell Exploring DLT According to the team at Hedera, tech giant Dell is going to step into the company's governing council in order to gain access to distributed ledger and Web3 technologies.
Dell Technologies has become the latest member of the Hedera Hashgraph (HBAR) governing council to enable the former to explore distributed ledger technology (DLT) use cases and more.
Amid the recent uncertainty in the crypto market, the Hedera coin experienced a brief period of consolidation where it revealed the formation of a double bottom pattern. This pattern is one of the famous bullish reversal patterns where double bounced back from the same level indicating the strong accumulation of buyers.
Key Points: Dell will join Google, FIS, and Abrdn on the board of directors of the corporate network Hedera, a distributed ledger system that leverages a hashgraph consensus method. Dell will run a consensus node as part of the governing council, which will determine transaction sequencing.
New data on 7 February revealed a decline of 53% in transactions on the Hedera [HBAR] network. However, this did not hamper the network's growing activity.
HBAR Crypto News: The Hedera Governing Council consists of up to 39 highly diversified organizations governing the Hedera network, which runs on its proprietary hashgraph technology. Hedera welcomed its newest member on February 7, with the multinational technology company Dell becoming the 28th member to join the council.
The council that runs the Hedera public ledger now has up to 39 members, each of which run a node on the network. Other members include Google, IBM Deutsche Telekom, Boeing, DBS and Nomura Holdings.
Technology giant Dell will join the likes of Google, FIS and Abrdn on the Hedera governing council. It will run a consensus node and explore use cases.
The Fast Recovering Hedera coin price has recently halted at a multi-month resistance of $0.075. With the ongoing uncertainty in the crypto market, the coin price turned sideways and started consolidating in a narrow range.
Humans.ai's interest in the Hedera network made sense considering the slew of projects developing on the network.
Hedera Hashgraph made significant strides in the DeFi sector, according to a recent report by Messari. Despite the prolonged crypto winter, Hedera's improvements in DeFi remained unscathed.
Altcoins are rising above the moving average lines and climbing to new highs.
The cryptocurrency market has seen a remarkable surge across January 2023, with many digital assets showing an upward trajectory. Established coins with a proven growth track record are among the market leaders, while altcoins have shown phases of price breakouts.
The Hedera blockchain's 2022 community update is out and the results of the network's performance are in. And for those interested in its performance and that of its native crypto HBAR, here are some interesting findings to consider.
The Hedera Hashgraph (HBAR) price is in an A-B-C corrective structure and could fall to $0.052-$0.058
Cryptocurrencies are still doing well in the first few weeks of 2023, and it comes as no surprise that many people are looking for reliable digital assets to invest in.
Hedera [HBAR] posted over 20% gains on Saturday, 21 January, after Bitcoin [BTC] moved to the $23K zone. The uptrend momentum saw HBAR reach a high of $0.0810.
Experienced developer makes it clear
The price of Hedera [HBAR] had its most significant upward swing since the cryptocurrency's uptrend started. Its market capitalization increased by more than threefold in the last day.
Amid the recent recovery in the crypto market, the Hedera coin rebounded from the $0.037 mark and witnessed a parabolic recovery. Moreover, this V-shaped recovery surged the coin to its current price of $0.071, registering a 93% gain since January 1st.
The native token of Hedera Hashgraph, one of the strong contenders in the decentralized finance (DeFi) space, has come out as one of the largest gainers amidst the current crypto market recovery. Hedera price has risen by 21.2% in seven days and 41.8% in two weeks according to data from Coingecko.
In today's trading session, Hedera Hashgraph is up by almost a percentage point, continuing a bullish trend that has seen it surge by 50%
Hedera is a strong competitor in the DeFi space as it boasts some of the best metrics in the industry. According to recent analysis, the ecosystem hit 5,500 transactions per second.
