Crypto Report - Hedera Hashgraph HBAR

Published:

6 Mar 2020 12:27 ET

Hedera Hashgraph HBAR had a huge rally in February when Google became a member of its Governing Council.

On February 11, 2020, Google said:

“As part of our council membership, Google Cloud will operate a Hedera network node, and make the ledger data available for analytics alongside GCP’s other public DLT datasets, bolstering GCP’s position as the cloud provider of choice for DLT networks and decentralized applications. We’re inspired by what Hedera has accomplished to date, and look forward to providing the infrastructure and technologies to support what’s possible with distributed ledger technology.”

That said, such news announcements are often followed by material pullbacks over ensuing weeks as the news is often overplayed. While this has occurred, a confirmation in terms of price/volume action, however, was made today.

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