3 articles tagged with #hedera. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.
McLaren Racing, the reigning Formula 1 champion team, has joined the Hedera Council alongside major corporations like Google, FedEx, and IBM to help govern the Hedera network. This partnership brings mainstream sports and automotive industry representation to Hedera's governance structure.
The CoinDesk 20 index declined with Hedera (HBAR) leading losses at 1.8% down, while Stellar (XLM) also underperformed with a 1.6% drop from Tuesday. Both altcoins contributed to the overall weakness in the cryptocurrency market index.
HBAR price dropped to $0.10 amid broader cryptocurrency weakness, with Bitcoin falling to $65,680 and Ethereum declining 5.3% to under $1,950. The selloff affected major altcoins including XRP, Solana, and BNB, with HBAR potentially facing further downside to $0.088 support level.
