Hedera

Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/hedera-collaborates-with-uks-influential-crypto-council" rel="noopener noreferrer nofollow">Hedera Collaborates with UK’s Influential Crypto Council</a><br></p>
<p style="text-align: justify">The flourishing period for <a href="https://en.bitcoinhaber.net/the-crypto-market-continues-to-show-positive-signs-despite-a-temporary-decline" rel="noopener noreferrer nofollow">cryptocurrency</a> markets sets the stage for dynamic changes within the domain. This includes vital partnerships and strategic decisions that have a critical impact. Hedera, known for HBAR, recently made headlines by aligning with a prominent blockchain community.</p>
<h2 id="hedera-s-strategic-move">Hedera’s Strategic Move</h2>
<p style="text-align: justify">Cryptocurrencies are becoming more mainstream, with nations selecting projects that align with their interests. HBAR enthusiasts are particularly excited about a recent development in the UK. The update confirmed Hedera’s membership in the UK Crypto Asset Business Council (UKCBC), fostering a new chapter for its growth and innovation in the space.</p>
<p style="text-align: justify">Hedera’s inclusion, backed by key UK blockchain entities, has been well-received by the crypto community. Subsequent to the announcement, the value of HBAR has seen an uptick.</p>
<h2 id="hedera-s-financial-repercussions">Hedera’s Financial Repercussions</h2>
<p style="text-align: justify">Amid these events, HBAR’s financial performance has piqued interest. Post-announcement, HBAR’s value witnessed a 6% surge, reaching a price of $0.111. While it suffered a 12% depreciation over a week, this new development has helped mitigate some of the downturn. Over the past month, HBAR has had a modest 7% gain, lagging behind the significant <a href="https://en.bitcoinhaber.net/the-dawn-of-yieldmaxs-spot-bitcoin-etf-in-the-u-s-market" rel="noopener noreferrer nofollow">Bitcoin</a> surge, indicating a rather tepid response to the bull market conditions.</p>
<p style="text-align: justify">Moreover, while HBAR’s market capitalization climbed by 6% to $3.7 billion, a contrasting 8% drop in the 24-hour trading volume to $88.4 million was noted. This divergence in trading activity could signal either investor confidence and holding behavior or a waning investor interest.</p>
<p style="text-align: justify">The long-term impact of the UK’s engagement with Hedera on HBAR’s trajectory is yet to unfold and will be watched keenly in the foreseeable future.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/hedera-collaborates-with-uks-influential-crypto-council" rel="noopener noreferrer nofollow">Hedera Collaborates with UK’s Influential Crypto Council</a></h5>

Hedera Collaborates with UK’s Influential Crypto Council

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