Ether (ETH) price is down on Dec. 16 and the pre-FOMC rally to $1,350 was obliterated after Federal Reserve chair Jerome Powell issued hawkish statements following a 0.50% hike in interest rates. Ether price was dealt another blow when Silvergate Capital Corporation decided to voluntarily liquidate Silvergate Bank.
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Amazon (AWS) & Avalanche (AVAX) Enter Partnership
Amazon Web Services (AWS) announced a partnership with Avalanche (AWS), a blockchain platform provider, to expand blockchain solutions for enterprises and governments. The partnership will allow AWS customers to leverage Avalanche’s blockchain platform to build and deploy decentralized applications (dApps) that can handle large-scale, high-throughput transactions.
