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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.
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.
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.
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.
