NEAR Protocol, the scalable blockchain network known for its speed and efficiency, is making headlines as its native token shows significant price action. After breaking through months of resistance, the price of NEAR has pulled back, retesting the critical $5 support level.
Good news could be ahead for this altcoin thanks to one certain update!
Near Protocol has established itself as a notable player in the blockchain ecosystem, offering a unique set of features like fast transaction speeds, low fees, and a commitment to environmental sustainability. As a result, the native token, NEAR, has garnered significant attention.
HERE Wallet, the leading NEAR Protocol crypto wallet, has partnered with web3 security protocol HAPI to establish HOT Labs. This new joint venture aims to accelerate the development of user-centric crypto solutions, enhancing both accessibility and security in the blockchain space.
Deutsche Telekom AG, the world's fifth-largest telecommunications provider by revenue, has taken a notable step into blockchain by joining the NEAR ecosystem as an Enterprise Node Operator. The partnership, announced on 11 November, positions the German telecom giant as a validator, strengthening NEAR Protocol's decentralisation and enhancing network security.
German telecom giant Deutsche Telekom has become the first telecommunication company to operate a validator within the NEAR Protocol.
TL;DR Near Protocol introduced its project to create the world's largest open-source AI model, with 1.4 trillion parameters. The platform integrated its mainnet with MetaMask and all Ethereum wallets, allowing users to access its applications without changing wallets. This integration will be key to enhancing chain abstraction, promoting interoperability and efficiency in DeFi.
Infinex has integrated Near Foundation's Chain Signature feature in a bid to boost interoperability among multiple protocols
The mainnet is now also compatible with MetaMask and with the entire suite of Ethereum wallets.
Infinex, founded by Kain Warwick, has inked a partnership with Near Foundation to integrate Near Chain Signatures.
Near Protocol has announced plans to build the largest open-source artificial intelligence model worldwide. The platform announced the initiative on the opening day of its Redacted conference, held in Bangkok, Thailand.
The 1.4 trillion parameter model would be 3.5 times bigger than Meta's current open-source Llama model.
The price of NEAR Protocol (NEAR) has been facing headwinds recently, showing a significant 25% drop over the past month. Despite forming a bullish chart pattern, a series of technical and market indicators suggest that NEAR may be headed towards its 2024 low of $2.450 rather than experiencing a breakout.
Nvidia has surpassed Apple in market capitalization, reaching a historic $3.43 trillion valuation. This milestone is evidence of Nvidia's leadership in the artificial intelligence industry, which has also led to a significant increase in the number of AI themed cryptocurrencies.
Hedera was also among the top performers, rising 4.1% from Monday.
NEAR is at pivotal price point right now, and the next few days could be key.
American statistician and writer Nate Silver on Friday described the 2024 U.S. presidential race is described as "a near coin flip," with Donald Trump narrowly leading Kamala Harris . What Happened: As of Oct. 31, Silver's forecast gives Trump a slight edge with a 53.4% chance of winning, compared to Harris's 46.2%.
NEAR Protocol (NEAR) is currently capturing the attention of traders and investors. After enduring a challenging month, NEAR has recently demonstrated signs that it might be poised for a significant upward movement.
Binance announces the cancellation of the planned fourth airdrop snapshot for Chiliz (CHZ) holders, affecting the distribution of 1000PEPPER tokens.
NEAR could be on the verge of a significant upward move, but there are obstacles.
Chiliz chief strategy officer Max Rabinovitch recently discussed Ethereum co-founder Vitalik Buterin's efforts to address centralization in Ethereum's validation structure. In an interview with crypto.
Chiliz has announced that its SportsFi platform, Socios.com, has received preliminary approval from the Malta Financial Services Authority (MFSA) for a Class 3 Virtual Financial Assets Act (VFAA) license, allowing it to provide digital asset services.
While Class 3 license holders cannot operate a VFA exchange, Socios.com will provide various VFA services, including asset custody.
Socios.com secures Malta's in-principle approval for a class 3 crypto license.
NEAR tumbles to $4.55 after underperformance, but experts see a 225% rally ahead.
A Class 3 VFAA license would allow Socios.com to provide any digital asset service and hold or control clients' assets as they provide a virtual financial asset service.
NEAR will likely trend lower in the coming days, but bulls can rescue it soon.
Near Protocol token remains in a strong bear market after falling by almost 50% from its highest level this year. Near (NEAR) was trading at $4.62 on Oct. 24, as Bitcoin (BTC) and most altcoins remained under pressure.
The cryptocurrency landscape is always changing, and one altcoin that has recently caught the attention of traders is NEAR Protocol (NEAR). With its eyes set on a price target of $5.8, NEAR has been showing signs that it may be gearing up for a significant movement.
NEAR near-term price action is contingent on a few things working out.
Bitcoin (BTC) is currently heading higher. All eyes will be on the number one cryptocurrency as it paves the way for the crypto sector.
Cryptocurrency Prices Today, October 16: The broader market's movement on Wednesday sparked mixed speculations globally. While Bitcoin (BTC) price topped the $67K level over the past day, top altcoins mainly illustrated a volatile movement.
The global crypto market staged a recovery last week, posting a 2.79% increase and closing with a market capitalization of $2.21 trillion. This surge added $60 billion to the market's overall valuation.
Chiliz (CHZ) has recently showcased a remarkable resurgence, adding over 10% to its price and securing its spot as the top gainer among the top 100 cryptocurrencies. As the cryptocurrency market experiences rising volatility, many are left wondering if CHZ can sustain this momentum and potentially reach its yearly high of $0.170 in the upcoming quarter.
The mix of signals from the data from the past 24 hours showed that the short-term bias was bearish.
As of Q3 2024, CryptoRank stated that 3 million addresses were active every day on NEAR Protocol, making it a major player in the blockchain world. This huge number is higher than both Tron (2 million daily active addresses) and Solana (2.4 million daily active addresses) during the same time period.
Amid the recent volatility in the altcoin market, the Near Protocol shows a bearish reversal gaining momentum. With a bearish engulfing candle turning the tides, crucial supports are at risk. Will the bearish cycle in this altcoin result in a crash below $4 for an extended crash? Find out more about our NEAR price analysis.
CHZ, the native cryptocurrency of the sports blockchain platform Chiliz, is witnessing a strong surge following crypto exchange Binance announcing support for the airdrop of the PEPPER crypto token with some exciting rewards to Chiliz holders. As a result, the Chiliz price has shot up by 13% moving all the way to $0.07227 with its
It's an airdrop season! Before any airdrop, the platform receives huge attention as the traders jump in to accumulate at discounted prices. A similar trend has been observed as yet another airdrop is making huge rounds within the markets. Chiliz, which displayed a remarkable rise from $0.01 to as high as $0.
As the AI crypto sector continues to grow, will NEAR form a bullish leg?
After displaying a consolidated price action for a brief period, the Chiliz price has regained momentum by adding over 10% to its portfolio within a short period. With this, this altcoin has secured the first position in the daily top gainers list among the top 100 cryptocurrencies.
Binance has hinted at the support for the Pepper airdrop for Chiliz holders.
Chiliz, the largest blockchain network for sports and entertainment, surged to its highest point in three months. The Chiliz (CHZ) token broke a crucial resistance, reaching an intraday high of $0.072, its highest level since July 22.
Researchers found a vulnerability in NEAR's peer-to-peer networking protocol that could have crashed any node, but it was patched before an attacker could discover it.
Flow (FLOW) has attracted significant attention within the blockchain community due to its focus on decentralized applications (d Apps) and NFTs. As the backbone of successful projects like NBA Top Shot, Flow has built a reputation as a promising platform for high-performance applications.
Privacy tokens underwent nearly 60 delistings by centralized exchanges this year, a record since 2021, according to a recent Kaiko report. The report tracked Monero (XMR), Dash (DASH), Decred (DCR), Mask (MASK), Rose (ROSE), and Zcash (ZEC).
AI coins have witnessed significant price gains alongside the Nvidia stock, which hit a six-week high with recent bullish developments for the company. These coins have a positive price correlation with the NVDA stock and could continue to rally with the tech company expected to make some bullish announcements at its summit which began today.
The NEAR protocol, a layer-one blockchain, is emerging as an advanced solution to address the main challenges in the cryptocurrency field, such as slow transactions and poor interoperability between different chains. Currently, NEAR is priced at $5.22 and has a market capitalization of $6.