Why Utility Cryptos Were Triumphant This Week

Bitcoin Cash (BCH) added nearly 35% to its value in the past month and rallied 12% on Thursday, November 21. Bitcoin's (BTC) observed a rally to $98,384 early on Thursday, with BCH and other top cryptocurrencies tagging along for the ride.

Bitcoin (BTC/USDT) is once again flirting with the $100K level, but this time, it's not alone in the spotlight. Ethereum has finally woken up, signaling the long-awaited start of altcoin season.

NEAR Protocol has been on an impressive upward trajectory, posting a 12% gain over the past seven days. As of now, NEAR is trading at $5.79, boasting a robust market capitalization of $7.05 billion.

NEAR gains 12% in a week! $7B market cap, bullish momentum, and ecosystem expansion attract traders.

AI and Big Data tokens surged ahead of Nvidia's Q3 earnings, but “buy the rumor, sell the news” dynamics and technical setups hint at varied post-earnings paths for Fetch.AI, Render, and Near Protocol.

The altcoin market is buzzing with activity as several key players show promise in the current market. From Solana's rise to the developments surrounding Ripple's XRP, there's much to keep an eye on. Here's a look at some of the altcoins currently in the spotlight, based on the latest analysis from CryptosRus.

Bitcoin maintaining above $85,000 improves the price prospects for SOL, AVAX, SUI, and NEAR.

NEAR eyes $8.5 with a 33% gain potential, but faces key resistance at $6.406.

Undeniably, there has been a broader market pullback over the past couple of days. However, several AI-focused tokens have managed to post gains despite the downturn.

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.

Kava, the open-source non-custodial DeFi ecosystem, announced the launch of its community-controlled memecoins creation platform HARD.fun. According to Kava, the AI-powered decentralized memecoins launchpad will be the first of its kind.

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.

Bitcoin Cash (BCH) developers and community members have been actively voicing their support for two Cash Improvement Proposals (CHIPs) ahead of a November 15 lock-in deadline.

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.

TL;DR Bitcoin Cash (BCH) is a decentralized cryptocurrency that emerged from a hard fork of Bitcoin in 2017, aiming to facilitate quicker transactions and reduce fees by utilizing larger block sizes. Predictions for BCH's future price trends vary widely, with forecasts for 2024 suggesting a trading range between $333.01 and $474.

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.

Latest updates on the coins BCH, SOL and .

Bitcoin Cash (BCH) is capturing the attention of investors and analysts alike. After experiencing a slight drop recently, BCH remains on a bullish trajectory, with several indicators suggesting that a rally past the $400 mark could be on the horizon.

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.

Derivatives market data and whale activity suggests that BCH's rally could regain momentum.

Bitcoin Cash (BCH) is making waves in the cryptocurrency market as it approaches a critical descending trendline, hinting at a potential price rally. Recent technical and on-chain indicators provide a bullish outlook for BCH, suggesting that traders should keep a close eye on upcoming price movements.

NEAR Protocol was also among the underperformers, falling 2.8%.

NEAR could be on the verge of a significant upward move, but there are obstacles.

Bitcoin Cash (BCH) is among top gaining coins as top cryptocurrency Bitcoin (BTC) jumps to above $71k. The price of several altcoins have also tracked the BTC upside in the past few days, with Tezos (XTZ) climbing from lows of $0.62.

NEAR tumbles to $4.55 after underperformance, but experts see a 225% rally ahead.

Bitcoin Cash (BCH) recently experienced a notable surge in mid-October, igniting hopes among its supporters. However, this excitement has not been sustained, leading to questions about the current demand for the cryptocurrency.

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.

Bitcoin Cash bulls have failed to follow up on their mid-month stunt. We explore what this means in terms of BCH demand.

Andrei Terentiev, CTO of Bitcoin.com, explains why Bitcoin.com has thrown its full support behind Bitcoin Cash Improvement Proposal 2021-05. CHIP-2021-05 Gains Bitcoin.com's Support With Promise Of A New Era for Bitcoin Cash Smart Contracts Bitcoin.com endorses Bitcoin Cash Improvement Proposal (CHIP) 2021-05 VM Limits: Targeted Virtual Machine Limits.

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.

Crypto markets may be in the red this morning after posting a 2% fall in the last 24 hours, but Bitcoin Cash ($BCH) appears to be rallying, while several other key payment-focused altcoins remain profitable.