Open interest on NEAR-related futures contracts hit a record $1.92 billion on October 12, while the token benefited from a rotation into cryptos associated with artificial intelligence. This peak reflects strong speculative activity, but not the arrival of $1.92 billion in fresh capital.
NEAR has just gained about 138% in only 30 days and now joins the top 20 of the crypto market by capitalization. The token is trading around 5.50 dollars, for a valuation close to 7.2 billion. Behind this rise, NEAR Intents now exceeds 31 billion dollars in cumulative volume, while a first American spot product dedicated to NEAR has just arrived on Wall Street.
The hacker of the NEAR Intents crypto protocol returned the $3.8M stolen on October 1 before the end of the 48-hour ultimatum. Cointribune traces the path of the funds and lists the grey areas of the case.
AI-linked cryptocurrencies have significantly outperformed the crypto market in September. According to Grayscale, this sector grew by 54% over the month, compared to 24% for the overall market. Despite its still modest size, with a capitalization of around 15 billion dollars, the segment could produce several "big winners" over the next five years.
Bitwise launched on Tuesday the first US ETF backed by the NEAR token. Listed on the NYSE Arca under the ticker NRR, it has 0.75% annual fees and places its tokens in staking, modeled after its Solana ETF. The token, booming since summer, becomes accessible without a crypto wallet.
The crypto NEAR jumps 78.2% in one week, driven by the rise of NEAR Intents, privacy and cross-chain volumes now close to 30 billion dollars.
The crypto market moves without clear direction, but money does not sleep. While Bitcoin remains stuck between 76,100 and 78,000 dollars, several altcoins capture traders' attention. This sector rotation mainly benefits tokens related to AI and HYPE, while major cryptos still lack momentum.
The crypto market is recovering, but not all projects benefit from the return of capital. This week, NEAR Protocol emerges as one of the big winners: +28% in 24 hours, +45% over seven days. Behind this surge, three major updates reposition the project at the heart of the most trending topics of the moment: AI, privacy, and scalability.
Following a drop towards the end of July, the crypto market witnessed a fresh injection of optimism over the past week. Artificial intelligence (AI) assets also leveraged this market wave, with many experiencing a strong northward push, as the sector crossed $34 billion in valuation.
The AI tokens TAO, NEAR, and ICP are experiencing a spectacular surge, fueled by the announcement of colossal investments in AI and energy. Google, Meta, and Donald Trump are giving new life to AI cryptos. Do these projects have the solid backing to sustain the trend?
Bitwise Investment Company has just filed an S-1 form with the SEC to launch a spot ETF linked to the NEAR Protocol, currently the 33rd cryptocurrency by market capitalization. This decision follows a preliminary administrative filing made in April in the state of Delaware, indicating that this launch was already in preparation.
Nubank adds 4 new assets to its portfolio. A strategic expansion that could be a game changer in the Brazilian crypto market!
Nearly half of crypto experts express optimism about the future of AI tokens by 2025, according to a recent CoinGecko survey. This positive sentiment may signal favorable momentum for this sector valued at $23.6 billion.
After experiencing a sharp decline, NEAR has stabilized by demonstrating increasing buyer interest. Let’s examine the future prospects for NEAR together. Situation of the NEAR Price After dropping from $8.4 to $3, the price of NEAR rebounded to reach a resistance zone around $5.2. The crypto then suffered selling pressure,…
Bitcoin and AI cryptos see their volumes increase. Memecoins in full speculation. Analysis of crypto market movements.
After a decline of more than 50%, Near is attempting a rebound upon reaching its support. Let's examine together the future prospects for NEAR.
Boosted by rampant speculative appetite, Solana, Stacks, and NEARprotocol have recently seen their online visibility explode. Their mentions on social networks have reached a peak, reflecting a crypto frenzy amplified by the fear of missing out (FOMO). However, this excitement also carries the threat of a brutal reversal.
NEAR moves into the modular blockchain landscape with the lowest-cost DA offering in the Web3 market today. November 8th, 2023 at 2:30 pm Lisbon time, NEARCON: The NEAR Foundation today announced the rollout of the NEAR Data Availability (NEAR DA) layer, a groundbreaking innovation that offers…
Leading ZK researchers and WASM experts to develop a zero-knowledge prover for WASM blockchains available via Polygon CDK.
September 27th, 2023: The International Cricket Council and the Near Foundation today announced a groundbreaking first of its kind technology partnership that will utilise the NEAR Web3 ecosystem to deepen cricket fans engagement with the game across the world.