Curve DAO (CRV), Bonk (BONK) and Pyth Network (PYTH) were among top losers as the cryptocurrency market witnessed sharp volatility on Friday, March 28. The altcoins saw sharp declines as Bitcoin (BTC) fell below $84k amid CME gap trades. Cryptocurrencies were also tracking downside action amid broader jitters across the risk assets market.
Bitcoin (BTC) bulls are trying to make a comeback by maintaining the price above the 200-day simple moving average ($84,899) over the weekend. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to close above $85,000 this week to signal strength and “prevent a drop to $76,000.
The crypto market rallied after the Federal Reserve decided to keep interest rates unchanged between 4.25% and 4.50% after the Federal Open Market Committee (FOMC) meeting. The Federal Reserve also stated it sees two rate cuts coming in 2025.
Right now, NEAR Protocol is going through a tough time, with its token on the decline.
The crypto market remained flat for most of the day after a brief rally following better-than-expected inflation data quickly lost steam. Bitcoin (BTC) briefly rose above the $84,000 mark after the US CPI Report but fell flat later in the day, dropping below $84,000.
Bitcoin and crypto are currently seeing a relief rally on Tuesday. Is this short-term, or could this be the start of something bigger?
MoreMarkets aims to create yield opportunities from XRP, DOGE and other non-EVM tokens on different DEXs without having to leave their original network.
NEAR could be preparing for a major move on the price charts soon.
NEAR Protocol (NEAR) is a blockchain platform that focuses on scalability, usability, and ease of development for decentralized applications (dApps) and smart contracts. It aims to provide a high-performance alternative to other platforms like Ethereum, with a strong emphasis on user and developer-friendly features.
Pyth Network partners with Coinbase International Exchange to enhance asset pricing through "Pyth Lazer," delivering institutional-grade reliability and real-time updates with speeds as fast as one millisecond. The post Pyth Network Partners with Coinbase to Enhance Asset Pricing appeared first on Cryptonews.
Ripple (XRP) was also among the top performers, gaining 4%.
NEAR Protocol has created history with its mind blowing hold over the world. The financial system was revolutionized when NEAR Protocol started climbing the ladder.
Near Protocol (NEAR) is approaching a key resistance level, fueling speculation about whether it can break out to new highs or face a pullback. At the time of writing, NEAR's price sits at $3.25, reflecting a 5.03% increase.
Near Protocol is testing a crucial resistance level; breakout potential hinges on market interest.
Major blockchain companies including Coinbase and NEAR have formed the Open Agents Alliance to provide accessible, open-source AI development tools and infrastructure.
Cardano and SUI now feature in the Grayscale Smart Contract Fund following its latest rebalancing.
The Open Agents Alliance (OAA) consists of NEAR AI, the payments and AI arms of crypto exchange Coinbase and an array of other blockchain and AI projects.
The crypto market plunged into the red, shaving off over $230 billion after President Donald Trump announced that tariffs on Canada and Mexico would be effective in March. As a result, market sentiment sank to extreme fear, with cryptocurrencies registering significant losses.
In its recent analysis, market intelligence firm Messari has provided a comprehensive overview of the NEAR Protocol's performance in Q4 2024. Despite facing headwinds in the broader crypto market, NEAR has demonstrated notable resilience through increased activity and strategic developments.
PYTH token has soared 10% in the past week amid the debut of the Grayscale Pyth Trust, an investment product focused on PYTH price.
NEAR Protocol has witnessed impressive growth in its decentralized finance (DeFi) ecosystem, with a 150% increase in total value locked (TVL) over the past year. This surge highlights the growing interest and confidence from investors in the network.
What's for NEAR after hitting the yearly $3 support zone?
The crypto market is on the cusp of a major transformation as the focus shifts from Bitcoin to altcoins. As pointed out by CryptoQuant CEO Ki Young Ju, the growing investor interest in stablecoins signals the beginning of an altcoin season.
Cryptocurrency prices had a mixed performance this week as investors focused on the recent Federal Reserve minutes and the ongoing Bitcoin consolidation. BTC price remained below $100,000, while the crypto fear and greed index moved to the fear zone. Still, there were some standout coins like Maker (MKR), Pyth Network (PYTH), and Alchemy Pay (ACH).
A new institutional investment fund by Laser Digital offers exposure to NEAR Protocol's native token while earning staking rewards through TruFin's TruStake solution.
Laser Digital, the digital assets subsidiary of Japanese financial services giant Nomura, has launched a new investment fund targeting institutional adoption of NEAR.
Filecoin (FIL) was also among the top performers, gaining 4.6%.
The crypto market is showing signs of a recovery after weeks of bearish sentiment. Bitcoin (BTC) is up nearly 2%, reclaiming $97,000 as bullish sentiment returned after weeks of muted price action.
Grayscale, a major player in the asset management space, has launched a new fund aimed at providing exposure to an emerging altcoin.
Pyth Network: the new blockchain ecosystem.
Grayscale Investments has introduced the Grayscale Pyth Trust, a new investment vehicle offering accredited investors exposure to PYTH, the governance token of the Pyth oracle network. Pyth delivers real-time price feeds essential for decentralized applications (dApps), particularly within the Solana ecosystem, where it powers 95% of protocols.
Grayscale Investments has introduced the Grayscale Pyth Trust, allowing investors to gain exposure to the PYTH governance token while avoiding the technical challenges of direct cryptocurrency ownership.
The fund claims to offer “higher-beta” exposure to the growth of the Solana ecosystem as Grayscale continues to expand its suite of single-asset crypto funds.
Grayscale is adding to its offerings, debuting a Pyth Trust as demand for crypto-focused investment products surges.
TL;DR Proof of Response (PoR) is a mechanism developed by NEAR AI to guarantee the availability and efficiency of services in decentralized networks. PoR allows users to verify the availability of services, sanctioning providers who do not respond within the established parameters.
Grayscale's Pyth Trust launch could accelerate institutional crypto adoption, offering a regulated pathway to emerging digital asset investments. The post Grayscale launches Pyth Trust for US accredited investors appeared first on Crypto Briefing.
Crypto-focused asset manager Grayscale has announced the creation and launch of the Grayscale Pyth Trust. Pyth Trust is a single-asset crypto investment fund designed to offer exposure to Pyth Network (PYTH), the native governance token of the oracle network's ecosystem.
The Grayscale Pyth Trust offers accredited investors exposure to PYTH, the governance token behind Solana's leading oracle network.
Crypto asset management firm Grayscale Investments has announced the launch of a new investible asset on Tuesday. The new Grayscale Pyth Trust will offer accredited investors exposure to PYTH, the governance token of the Pyth network.
NEAR Protocol (NEAR) has found itself at a crossroads in the market, with recent price movements and market sentiment creating uncertainty about its short-term trajectory. After a decline of 3.80% in the past 24 hours, NEAR's price has dropped to $3.38, continuing a larger downward trend of nearly 37% over the past month.
An anticipated NEAR rebound is unlikely to occur.
Near Protocol (NEAR) has registered a significant price loss in the past 24 hours. Following this decline, renowned crypto analyst Ali Martinez has identified certain price levels critical to a potential recovery.
Robinhood's expansion into Solana-based tokens could boost retail investor engagement and support the growth of decentralized finance ecosystems. The post Robinhood expands crypto offerings with Pyth Network token PYTH appeared first on Crypto Briefing.
A former Near Protocol employee had an awkward moment on a public call when he accidentally shared his screen, revealing some NSFW images—and it just so happened to line up with a little price bump for the NEAR token.
Ex-business development manager Andrew Krynin accidentally revealed a pair of nude images on a public call, prompting responses from the Near team.
Avalanche (AVAX) was also an underperformer, dropping 2.6%.
Bitcoin (BTC) recovered from a low of $94,106 on Wednesday to move to its current level of $96,628. BTC retreated below $95,000 after inflation data showed inflation had risen more than economists had predicted, rattling the crypto and traditional markets.
In an attempt to accelerate the development of AI agents in integration with Blockchain tech, NEAR Foundation (NF), the Switz-based non-profit organization that supports NEAR protocol and its ecosystem, announced on 6 Feb, a $20M liquid fund – the NEAR AI Agent Fund. Deeming that the AI agents are the future of crypto and AI,