Tag: NEAR Protocol
What is Paras?
Paras is an all-in-one digital collectible marketplace powered by the NEAR Protocol and IPFS/Filecoin. Not all Web3 platforms started with glitz and glamour, with large VCs at their side to fund their ideas. Some started with Silicon Valley-like “garage stories,” whose success started with sweat and bootstrapping, defeating all odds just to launch their grand idea. […]
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NEAR Prices Drop 6% after a Double Top, NEARUSDT Finding Support at $9.5
The Near Protocol price is bearish at spot rates, inching lower inside a descending triangle. Currently, NEARUSDT is below a double top at $12. Past Performance Near Protocol traders may be hopeful, expecting NEAR prices to rip higher and clear immediate resistance levels. However, from the daily chart, sellers are in control. The coin is down six percent in the last trading day and at breakeven versus the USDT on the previous trading week. There could be elements of strength. However, NEARUSDT prices are still capped inside a descending wedge. NEAR Technical Analysis The failure of NEAR bulls to close above the resistance trend line and the descending wedge at $12 is a pointer to weakness. The path of least resistance is southwards in the near term. Notice that prices are also recoiling from the double top marking March 2022 highs even though NEARUSDT prices are still within the March 1 and 9 bull bars. A close above $12 confirms buying pressure, setting the base for another leg up towards $14 and $20 as prices bottom up. On the flip side, more profound losses below $9.5 and the support trend line could trigger a selloff, pushing NEAR towards December 2021 lows of $6.6. What to Expect of NEAR? Despite the optimism, bulls are struggling against a wave of selling pressure. The short-term trajectory of NEAR depends on the reaction at $12 and the descending triangle.
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As retail interest spikes, investors can expect NEAR to rally at least 28% only if…
What is Aurora?
Aurora is a decentralized platform that provides NEAR Protocol scalability for the Ethereum network. The Ethereum platform, even with its far-reaching innovations and dominance, is still plagued with performance issues that greatly limit a developer’s ability to tap its potential. In line with this, a platform was created not to compete with the blockchain giant […]
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Polkadot: The Most Widely Held Crypto Asset Among Venture Capitalists and Hedge Funds
Interoperable blockchain Polkadot is the most widely held altcoin among venture capital firms and hedge funds, according to a report from Messari. In an analysis of 57 funds, Messari found that over 24, or 42% of the funds, hold DOT, making the smart contract platform the most bet-on crypto asset on the market. “Additionally, as […]
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Two sides to every coin: Crypto as a weapon in the fight for Ukraine
Polkadot is top crypto held by VCs and hedge funds in Q4 2021
Top 5 cryptocurrencies to watch this week: BTC, XRP, NEAR, XMR, WAVES
If BTC can flip $41,000 back to support, XRP, NEAR, XMR and WAVES could attract buyers.
This Week in Coins: Bitcoin Reverses Rally as LUNA and NEAR Surge
Electric Capital Secures $1 Billion to Invest in Early-Stage Crypto Projects
3 reasons why Waves price gained 100%+ in the last week
WAVES price rallied in excess of 100% after unveiling plans to launch a blockchain agnostic Metaverse and establishing a new partnership with Allbridge to facilitate cross-chain transfers.
5 Networks with high APY you can earn from in 2022
If you have a pot of crypto lying around, or you’re interested in investing long-term, staking is a great way to earn rewards or to earn…