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Tether USDT is now live on 11 blockchain networks, including the NEAR Network, Polygon, Kusama, Ethereum, Omni and others.

NEAR Protocol (NEAR/USD) ecosystem wallet Sender has successfully raised $4.5 million in a private round that attracted several leading crypto-focused venture firms. An announcement the NEAR-based eco-wallet team published on Monday states that the investment firm Pantera Capital led the funding round. Participation included Crypto.

Solana moved closer to the $40.00 mark on Monday, as it rose for a sixth straight session to start the week. Bullish momentum in the world's ninth largest cryptocurrency intensified, following a breakout of a resistance point of $36.35. Near protocol was also in the green, as prices rose by over 10% on Monday.

Stablecoin issuer Tether today announced that its flagship stablecoin, USDT, is now live on Near, a layer 1 blockchain network that focuses on usability among developers and users.  USDT Now Available on Near Near is a layer 1 blockchain network that provides a platform on which developers can build decentralized applications (dapps).

The Swiss non-profit behind the NEAR Protocol is to collaborate with Caerus Ventures in launching a $100 million venture capital (VC) fund and venture lab. The post NEAR Protocol Announces $100M Web3 Fund For Entertainment, Fashion, and Sports appeared first on BeInCrypto.

Pantera Capital, a cryptocurrency hedge fund, led a $4.5 million investment that valued Near wallet Sender at $45 million. The post Pantera Capital leads $4.5 milllion round for NEAR-based wallet Sender appeared first on The Block.

The Near Protocol (NEAR) chart shows a cup and handle pattern in action, with the recent bullish reversal from the 0.786 Fibonacci level. Moreover, the increasing buying pressure and the improving sentiments increase the breakout possibility.

Coinspeaker NEAR Foundation Launches $100M Web3-oriented VC Fund in Collaboration with Caerus Ventures

Near Protocol (NEAR) initiated a significant upward movement on Sept 7, which is still ongoing. It is possible that the move has occurred as a result of the anticipation for NEARCON and a newly announced $100 million venture capital fund.

NEAR price is skyrocketing. The token has increased by more than 10% in the last 24 hours.

NEAR becomes the latest network to onboard the largest stablecoin by market capitalization - USDT.

Bitcoin price gained pace and settled above the USD 22,000 resistance. BTC is currently (11:00 UTC) consolidating gains above USD 22,000. A clear move above USD 22,500 might start another increase in the near term.

The NEAR Foundation has announced a $100 million venture capital fund in partnership with Caerus Ventures. The fund focuses on the Web3 niche and aims to foster innovation.

As a part of NEAR's four-step plan to shard the network over the next year, the protocol will introduce 200 new validators.

The NEAR Digital Collective is a self-governance initiative aimed at further decentralizing the NEAR ecosystem's decision-making by moving it onto the blockchain.

Swiss non-profit the NEAR Foundation has launched a $100 million venture capital fund and venture lab for web3, it announced on Monday. The post NEAR Foundation launches $100 million VC fund and lab for web3 appeared first on The Block.

The NEAR Foundation is collaborating with Caerus Ventures in the initiative, which will make seed round investments.

Near Protocol price continued to print gains on Thursday. The price extends the gains of the previous session.

While the NEAR market has been experiencing bearish activity, bulls have recently stepped up their pace with a rally. NEAR's price movement has turned positive after recent bear market activity.

Volatility is working in investors' favor today.

Near Protocol today showed bullish momentum. The bulls attempted to cross above Tuesday's high of $4.53.

In September, the Near Protocol price is looking poised to continue with the bullish trend that has persisted for the past two months.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Since its launch in October 2020, the NEAR token has endured adversity. With the current market at one of its lowest point in history, NEAR could become a bit flaky.