Tag: Near Protocol

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Biggest Movers: WAVES, NEAR Hit Multi-Week Lows on Saturday

NEAR fell to a one-month low to start the weekend, as prices moved below their long-term support point. WAVES was also lower during Saturday’s session, falling by as much as 14%. Overall, crypto markets are down nearly 5% as of writing. Near Protocol (NEAR) NEAR was one of the most notable movers to start the…
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Top 3 Play-to-Earn Games on the NEAR Protocol

  Play-to-earn (P2E) gaming is garnered an increasing amount of attention from crypto enthusiasts and gamers globally.  Read on to learn about the top play-to-earn games on the NEAR Protocol (NEAR).  Created in 2018, NEAR is a layer 1 (L1) blockchain platform that aims to become a robust decentralized data layer. … Read More: Top 3…
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Aurora launches $90M fund to finance DeFi apps on Near Protocol

Aurora, an EVM scaling mechanism on the Near protocol, has launched a $90 million token fund in partnership with Proximity Labs to attract new developers. Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (DApp) built on the Near protocol, has launched a token fund worth $90 million.  The fund was launched today…
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Top 5 cryptocurrencies to watch this week: BTC, LUNA, NEAR, VET, GMT

A few days of consolidation from BTC price could lead to a healthy bounce from LUNA, NEAR, VET and STEPN. The month of April has been a forgettable one for equities and cryptocurrency investors. Bitcoin (BTC) plummeted 17% in April to record its worst ever performance in the month of April. Similarly, the Nasdaq Composite…
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Multi-chain, stocks and stablecoin-focused DeFi protocols are showing signs of strength

Balancer, DeFiChain and cBridge each saw a surge in their total value locked despite the current downturn in the wider crypto market. The cryptocurrency market has far faced an uphill battle for the larger part of 2022 due to global economic headwinds on multiple fronts, along with supply chain constraints, blistering inflation and the ongoing…
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Top 5 cryptocurrencies to watch this week: BTC, NEAR, FTT, ETC, XMR

Bitcoin, NEAR, FTT, ETC and XMR are attempting to rebound off their strong support levels, indicating buying on dips. Bitcoin (BTC) dropped from a high of $47,200 on April 5 to a low of $42,107 on April 8, indicating possible selling by short-term traders who may have preferred to lock in their profits. However, the…
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Near Protocol eyes a Terra-like price rally after new $350M funding raise

NEAR’s price could extend gains following the launch of a new algorithmic stablecoin USN. Near Protocol (NEAR) has rallied by almost 30% after announcing on April 6 that it had raised $350 million in a funding round led by Tiger Global, a New York-based hedge fund.  NEAR price eyes 100% price rally NEAR’s price reached…
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Biggest Movers: XMR Climbs to 4-Month High, NEAR Drops 10% Following Recent Gains

Following a gain of over 25% on Friday, NEAR dropped by over 10% to start the weekend, while XMR rose to a four-month high. The move in NEAR comes as traders look to be taking profits from recent highs, and as market uncertainty remains high. Near Protocol (NEAR) After being Friday’s biggest gainer, climbing by…
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Bitcoin plumbs April lows as US dollar strength hits highest since May 2020

USD reaches 23-month highs while the Russian ruble joins in on the surprise gains. Bitcoin (BTC) neared new price lows for April on April 8’s Wall Street open amid a fresh surge in the U.S. dollar. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $43,000 hangs in the balance Data from Cointelegraph Markets Pro and TradingView captured…
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Terra buys $200M in AVAX for reserves as rival stablecoins emerge

The two main organizations behind the development of the Terra blockchain have purchased a combined $200M in AVAX while Near Protocol is rumored to release a new stablecoin. Terraform Labs (TFL) and the Luna Foundation Guard (LFG) have announced they have purchased a combined $200 million worth of AVAX tokens from the Avalanche Foundation.  TFL,…
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