Enjoy safe investment on a decentralized stable coin powered by Hive blockchain. HBD is backed by HIVE and currently provides one of the highest interest rates in the crypto space. The company also uses a grid balancing strategy BNB to earn extra income. By selling its power back to the grid during times of peak demand during December, the company brought in revenue equivalent to mining 184 Bitcoin, according to its update for that month.

hive token

Hive’s price quote is based on transactions taking place at each exchange. The trading volume and liquidity are different for each exchange, and those differences affect the price. Technical analysis is valuable in crypto investing even if you don’t have access to years of historical price data in the Hive chart. For example, with many cryptos, dramatic price drops and periods of high volatility have been followed by a sustained rise to new highs. There’s no guarantee that the pattern will be sustained in the future, but if it has been consistent in the past, it’s worth considering.

What Is the Lowest Price of Hive in EUR?

Transfer fiat currency from your bank account to Binance, and then use the amount to buy Hive . You can easily buy Hive with the lowest fees and highest security anywhere Binance is available. Binance requires users to complete Identity Verification to increase their account security. The total dollar value of all transactions for this asset over the past 24 hours. Wallets are incredibly important to securely store your cryptocurrencies and to interact with Web3 apps. Hive has multiple community-owned and open-source wallets available for Windows, macOS, Linux, iOS, Android & Web.

Stay on top of crypto news, get daily updates in your inbox. The results cover a period that saw many crypto miners struggling for solvency, with the likes of Compute North and Core Scientific filing for bankruptcy last year. Several firms also turned to dumping their Bitcoin reserves to shore up their balance sheets.

How do I get HIVE tokens?

For instance, if you follow 0 people and are followed by 10 million accounts. Or, if you follow 50k accounts and are followed by 10 million accounts. We’re expanding our index of accounts over time, prioritizing the most important ones first. Each row has a menu that allows you perform the relevant actions. You can also perform these actions in bulk by selecting multiple accounts in the list. Storylines Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era.

It does not express the personal opinion of the author or service. Any investment or trading is risky, and past returns are not a guarantee of future returns. The HIVE exchange rate is decided by supply and demand on cryptocurrency exchanges.

Crypto Mining Activity Peaks As Miners Face Harsh Crypto Winter, Plummeting Bitcoin Price

Circulating supply shows the number of coins or tokens that have been issued so far. The percent change in trading volume for this asset compared to 7 days ago. The percent change in trading volume for this asset compared to 24 hours ago. If you are new to crypto, use the University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. SAN FRANCISCO – Technology stocks were mostly higher Friday morning, as shares of BlackBerry Inc. rallied on the company’s better-than-expected results. SAN FRANCISCO — Shares of Aerohive Networks Inc. on Friday fell 9.2% from its initial public offering price.

We have mentioned that HIVE is the base token of the platform and just like any other crypto token it can be traded on a number of exchange platforms for short-term profit. Aside from that it can be upgraded to Hive Power or traded for Hive Dollars. The first token is used to tokenize your influence on the network and you receive rewards based on it while the second token is a stablecoin which always aims to be pegged to $1. So as you see the HIVE token is used power the whole ecosystem.

HIVE is the native token of the Hive blockchain and is used as the base liquid token within the ecosystem. The whole project was created as a hardfork of Steem and has absolute decentralization as the ultimate goal. The Hive platform supports crypto rewards and dApps and aims to serve as a bridge that ties traditional markets with blockchain technology, while also highlighting token mining.

We have upcoming changes which will ameliorate this issue. In general, we’re constantly working to make our algorithm more precise in this regard. hive crypto membership is inferred from followings, followers, and Twitter lists. In the future we will also incorporate likes, retweets, tweets, etc. Community list interface has a menu on each row that allows you to provide feedback for individual accounts.

Live Hive Chart in EUR

However, in January of this year, income was only worth the equivalent of 10 Bitcoin. In contrast, HIVE has increased its Bitcoin holdings by 30% year-on-year, ending 2022 with 2,372 Bitcoin. Its launch is slated for the second quarter of 2023, and according to Holmes, it could bring in business from beyond the world of blockchain, even tapping into the first-growing AI sector. Despite the loss, executive chairman Frank Holmes remained optimistic. That’s because the company is readying to launch its HIVE Performance Cloud , a platform for accelerated cloud computing using green energy. Last month, for example, mining firm Riot Platforms reported a new all-time high in its BTC production.

RETRANSMISSION: HIVE Blockchain Provides February 2023 Production Update – Yahoo Finance

RETRANSMISSION: HIVE Blockchain Provides February 2023 Production Update.

Posted: Fri, 03 Mar 2023 11:00:00 GMT [source]

In , you examine economic, financial, political, and social factors that influence prices. You collect information about interest rates, gross domestic product, manufacturing data, and unemployment rates to make informed predictions about stock prices. Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind.

The network mines ETH, BTC and similar cryptos on the cloud while it also validates transactions on blockchains for rewards and incentives which are paid out in cryptos. Hive also makes it possible for people to post and store their unique articles within the network’s blockchain. HIVE Blockchain Technologies is the first publicly traded crypto miner, listing on the Toronto Venture Exchange in 2017, under the ticker symbol HIVE. The company uses 100% green energy to mine Bitcoin with a committed ESG strategy since day one.

Is HIVE a good crypto?

The financial health and growth prospects of HIVE, demonstrate its potential to outperform the market. It currently has a Growth Score of B. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.

This backing takes the form of an onchain conversion operation that lets HBD be converted to an equivalent USD value of Hive itself. When the price hits the target price, an alert will be sent to you via browser notification. To receive alerts, please allow web browser notification permission.

Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents. Market cap is calculated by multiplying the asset’s circulating supply with its current price.

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