Amazon Web Services (AWS) Partners with Avalanche to Help Bring Blockchain Technology to Enterprises, and Governments, and expand Crypto adoption.
Avalanche is the first blockchain to form a partnership with Amazon’s cloud-computing platform.
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While one could say that partnering with AWS will make Avalanche less decentralized, I can't deny it could bring attention and the support of a huge corporation to AVAX and so far the price is responding.
Chart from Coinex. AVAX/USDT
Currently the price is up about 22% with $12.27 as the 24 hour low and $16.46 the 24 hour high.
If the partnership does help developers to launch and manager nodes on the Avalanche blockchain will they become a desirable location for new development? Another way it could go, is simply a press announcement that nothing much comes out of.
Well I found the story interesting enough I picked up a few AVAX here considering it a short term (a year) investment for me. If it pumps another 20-30% I'll likely sell it.
Just wondering if some new News in crypto creates some trading opportunities and breathes some life into the crypto markets during a dark Bear Season, any news that stands out is good news, and BIG news are there just isn't much good news out there in the crypto world right now.
What are your thought on the partnership?
