$HBAR Hedera (HBAR) has made significant strides in the Gulf region, especially in Saudi Arabia and the UAE. Here are some key developments:
1. Saudi Arabia Partnership: Hedera has entered into a five-year, $250 million strategic partnership with Saudi Arabia's Ministry of Investment (MISA) to establish the "DeepTech Venture Studio" in Riyadh. This initiative aims to support over 500 companies in developing advanced technologies such as AI, blockchain, IoT, and VR. The project aligns with Saudi Vision 2030, which seeks to diversify the Kingdom’s economy beyond oil. The studio will offer technical support, training, regulatory compliance, and access to venture capital investments.
2. UAE Partnership: Hedera, through its HBAR Foundation, has partnered with UAE-based blockchain consultancy DECA4. This collaboration aims to enhance the use of Hedera's technology in the region. A key project under this partnership involves Al Nakheel Jewellers, a UAE-based diamond retailer. The initiative focuses on launching a diamond value chain platform on Hedera, which will enable consumers to track the origin and journey of their diamonds. This project is the first in the region to receive a grant from the HBAR Foundation.
These partnerships highlight Hedera's growing presence in the Gulf region as it seeks to support technological innovation and adoption in key markets like Saudi Arabia and the UAE.
Hedera (HBAR): The Elitist Cryptocurrency That Could Replace Everything You Know
Hedera Hashgraph (HBAR) is often called the ‘blockchain of the rich’ – and perhaps they’re right. But the truth that few recognize? HBAR is no ordinary blockchain – it’s a direct threat to traditional models of decentralization. The facts: Unique technology: Hedera uses the Hashgraph model, which promises absurd speeds and energy efficiency, surpassing traditional blockchains like Bitcoin and Ethereum. Masked centralization: With a governing board comprised of giants like Google, IBM, and Boeing, HBAR attracts big players but alienates those seeking true decentralization.
I want to make it clear that this is just a **prediction** based on my analysis, not a guarantee. The world of crypto is volatile, and while things can align as anticipated, there's always risk involved. That said, mark your calendars because **December 18th–20th** could be **critical for $LUNC, $USTC, and $LUNA**!
Here’s why: The **FED interest rate decision** on **December 18th** could trigger a major market shift. Typically, the period **before a FED rate decision** sees a market pullback, but what follows could be *explosive*! 🚀
**Expect a major surge** in the days following the decision. Historically, we often see the market correct before an uptrend, and this time may be no different. **LUNC, USTC, and other altcoins** are all in the spotlight. If you’ve been watching this space, the rise could come fast and fierce, potentially **between December 18th and 20th**. ⏳
Remember, predictions are just that – **predictions**. Always do your own research and never invest more than you can afford to lose.
Please note that these predictions are based on market trends, technical analysis, and fundamental analysis. However, cryptocurrency markets are highly volatile, and actual prices may differ from these predictions.
$HBAR NEXT TARGET ANALYSIS! ! Here are key points about HBAR's potential price targets.
$HBAR recently approached key resistance near its all-time high (ATH) of $0.57. If it breaks this level, it could move toward targets like $0.61 and $0.65, driven by increased volume and market sentiment. However, the RSI indicates the token is overbought, suggesting potential consolidation near $0.38-$0.40 before another rally.
$HBAR BAR is up over 60% in 24 hours — but what’s really driving this move? Is it just hype or is there solid technology behind it? With giants like Google and IBM on the board, what is Hedera doing that other blockchains can’t? Click to see why everyone is talking about $HBAR