CoinDesk 20 Performance Update: DOT and HBAR Outperform as Index Rises 0.9%
Polkadot gained 2.6% while Hedera rose 2.4%, helping push the index higher.
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Polkadot gained 2.6% while Hedera rose 2.4%, helping push the index higher.
Hedera's native crypto briefly sank below 5 cents as HBAR Foundation's co-founder and CEO jumped ship.
While the crypto market remains largely negative, Hedera has announced key partnerships as its ecosystem records increased activity. The Telegram bot project BITBOT is attracting numerous integrations despite the recent bearish flip.
Hedera (HBAR) emerged as a standout performer in the second quarter (Q2) of the year, reversing the downward trend faced by many projects. The latest report from research firm Messari highlights Hedera's progress across key financial indicators.
Revenue from transaction fees on Hedera in Q2 2024 reached $1.4M, the second-highest quarterly level.
Despite the challenges across the board, Hedera, a business-focused platform, especially in Q2 2024, continues to build and enhance its ecosystem further. According to a Q2 2024 review shared across X on August 19, analysts noted improvements made in the last quarter, pointing out how the platform performed relative to Q1 2024 and the broader crypto ecosystem.
Prominent analyst Kyren, known on X (formerly Twitter) as noBScrypto, recently highlighted Hedera (HBAR) and Internet Computer (ICP) as undervalued assets amidst the trending narratives in 2024.
Hedera's HBAR token is poised for a bumpy road ahead after expanding its institutional reach.
The HBAR Foundation and digital asset custody provider Copper have announced a collaboration aimed at broadening institutional access to the Hedera ecosystem.
The custodian, chaired by former U.K. Chancellor Philip Hammond, provides platforms to increase liquidity and access to DeFi.
It was a sea of green in the crypto industry as the recent rebound continued. Bitcoin has rebounded back to over $62,000, a remarkable comeback for a coin that crashed to $49,000 earlier this week.
Hedera Hashgraph has experienced a significant downturn over the past five days, reaching a crucial support level amid ecosystem challenges. The price of Hedera Hashgraph (HBAR) has been in a steep sell-off after soaring to $0.1825 in April.
Hedera (HBAR) token has experienced a 10.5% decline over the past two weeks despite significant integrations with Blade Wallet and Karate Combat some few days ago. While the integrations have brought substantial attention to the network, bagging 400,000 new accounts in just one week, the market has not reflected these positive changes in HBAR's price.
HBAR recently broke out of its bearish pattern, can the bulls provoke an uptrend?
Bitcoin (BTC) has surged past $65,000 after facing intense selling pressure on Tuesday. BTC has displayed impressive strength, absorbing around 48,000 BTC sold by the German government and maintaining its upward price movement.
The world increasingly turns its attention to the potential of Central Bank Digital Currencies (CBDCs), Sweden's Riksbank is leading the charge by testing two prominent blockchain platforms, Algorand and Hedera, for its e-Krona project. This move marks a significant step in the journey toward a digital economy, aiming to enhance transaction efficiency while minimizing environmental impact.
Hedera Hashgraph's HBAR token finds itself at a critical juncture, with recent technical analysis suggesting either a substantial gain or a notable decline. This article dives deep into the factors at play, analyzing market movements, technical indicators, and the overall sentiment surrounding HBAR.
HBAR, the native cryptocurrency of the Hedera Hashgraph network, has witnessed a 31% price decline in the past seven days.
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HBAR price analysis: The price of Hedera Hashgraph fell by 5.9% in the last 24 hours to trade around $0.0708 during European business hours. The decrease in price comes after Bitcoin dropped below the $60,000 support level, inciting fear among market participants.
Bitcoin (BTC) is back in the red during the current session after failing to break past the $64,000 mark on Tuesday.
In the fast-paced world of cryptocurrency, time waits for no one as blockchain and crypto projects continue to develop. The second half of 2024 is set to be exciting for crypto enthusiasts and investors, as several innovative projects are expected to reach significant milestones in the coming months.
Chainlink saw a considerable spike in developer activity in June as the decentralized oracle network climbed into second spot behind Hedera, according to data by market intelligence platform Santiment.
Layer 1 altcoins experienced a significant correction in June, following Bitcoin's decline to $60,000. This downturn was largely driven by Bitcoin miners selling off to cover operational costs and significant outflows from U.S.-based ETFs.