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Hedera Hashgraph

All articles tagged with #hedera hashgraph

"BlackRock's Bitcoin ETF Surges to Top 5 in US ETP Capital Inflow"

Originally Published 1 year ago — by CoinDesk

Featured image for "BlackRock's Bitcoin ETF Surges to Top 5 in US ETP Capital Inflow"
Source: CoinDesk

BlackRock's iShares Bitcoin Trust (IBIT) has quickly become one of the top five exchange-traded funds (ETFs) of 2024 based on inflows, with $3.2 billion year-to-date. Meanwhile, Bitcoin traded in a tight range, ether gained 2%, and altcoin Hedera Hashgraph (HBAR) climbed 5% after announcing a partnership with the Saudi Ministry of Investment Association. Monero's XRM lost 8% following a 30% slump prompted by Binance's decision to stop listing the privacy token. Additionally, liquidity provider B2C2 secured regulatory approval in Luxembourg as a virtual asset service provider (VASP) to expand its presence in the European Union ahead of the EU's implementation of Markets in Crypto Assets (MiCA) regulation.

HBAR Skyrockets as FedNow Embraces Hedera-Based Dropp

Originally Published 2 years ago — by CoinDesk

Featured image for HBAR Skyrockets as FedNow Embraces Hedera-Based Dropp
Source: CoinDesk

The price of Hedera Hashgraph's HBAR token has surged over 15% after the U.S. Federal Reserve's instant payments platform, FedNow, added Dropp, a Hedera-based micropayments platform, as a service provider. Dropp allows merchants to accept small-value purchases digitally without large transaction fees. This move has contributed to HBAR's overall increase of nearly 50% since mid-June, with the token's market cap surpassing $2.1 billion. Hedera Hashgraph's unique blockchain structure, utilizing hashgraph consensus, enables high transaction speeds and low-latency finality. The platform has experienced significant growth in daily active accounts and new account creations, driven by NFTs and DeFi. Hedera has also seen integration with other platforms and completed a stablecoin remittance proof-of-concept pilot.