NEAR Protocol

A popular analyst is advising caution to traders of two crypto assets while predicting rallies for a popular blockchain-based gaming ecosystem and an Ethereum competitor. Pseudonymous trader Altcoin Sherpa tells his 170,500 Twitter followers that he's wary of the risk/reward ratio (R:R) for ApeCoin (APE), a new crypto asset that quickly surpassed $2 billion in […] The post Analyst: Ethereum Metaverse Altcoin and Smart Contract Platform Are Set to Rally If Bitcoin ‘Plays Nice' appeared first on The Daily Hodl.

Analyst: Ethereum Metaverse Altcoin and Smart Contract Platform Are Set to Rally If Bitcoin ‘Plays Nice'

Members of the decentralized autonomous organization will be able to determine athlete selection, team management and team strategy.

Larry Ellison's SailGP and NEAR Protocol to Create a DAO for Sports Team Ownership

Bastion is a decentralized lending protocol on the NEAR blockchain. The post Trading giant Jane Street backs NEAR-based lending protocol in new funding round appeared first on The Block.

Trading giant Jane Street backs NEAR-based lending protocol in new funding round

Polkadot

Solana

Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding Within L1 ecosystems with significant TVL, DeFi protocols continue to face the challenge of attracting and directing liquidity within their ecosystems As cross-chain infrastructure continues to be optimized, DeFi products like stablecoins and liquid-staked tokens may offer a chance for newly launched blockchains with smaller ecosystems to promote user activity and boost their connectivity with other networks This week, we take a look at Solana, NEAR, and Polkadot

Layer by Layer Issue 23: Solana, NEAR, and Polkadot

Cosmos

Terra

A widely followed crypto analyst is naming Terra (LUNA), Cosmos (ATOM) and three additional crypto assets as his top altcoin picks for the month of March. Trader Jason Pizzino tells his 261,000 YouTube subscribers that decentralized finance (DeFi) payment network Terra looks strong after rallying from a low of $43 to nearly $100 in a little […] The post Ethereum Rival Terra (LUNA), Cosmos (ATOM) and Three Additional Altcoins Bullish for This Month: Crypto Strategist appeared first on The Daily Hodl.

Ethereum Rival Terra (LUNA), Cosmos (ATOM) and Three Additional Altcoins Bullish for This Month: Crypto Strategist

Bitcoin

Most prices fluctuated throughout the week, but were little changed after seven days.

This Week in Coins: Bitcoin Reverses Rally as LUNA and Near Protocol Surge

Funds raised from the strategic OTC sale will be used to support Ref Finance's mission to build a "one stop shop" for DeFi on Near Protocol.

Ref Finance Raises $4.8M To Build Out DeFi On Near Protocol

Fantom

A popular crypto analyst says there are three Ethereum rivals standing out from the rest of the digital asset market. The pseudonymous analyst known as Altcoin Sherpa says that smart contract platform Fantom (FTM), algorithmic stablecoin blockchain Terra (LUNA), and decentralized application (DApp) platform Near Protocol (NEAR) are all showing considerably bullish market structures. He […] The post Terra (LUNA), Fantom (FTM) and One More Ethereum Competitor Showing Significant Strength: Crypto Analyst appeared first on The Daily Hodl.

Terra (LUNA), Fantom (FTM) and One More Ethereum Competitor Showing Significant Strength: Crypto Analyst

A popular crypto analyst says that Ethereum may still be in a consolidation phase despite bullish price action, but one of its rivals is ready for rallies. The pseudonymous analyst known as Altcoin Sherpa tells his 168,000 followers on Twitter that he's got his eye on NEAR Protocol. NEAR Protocol is a smart contract-capable proof-of-stake […] The post Ethereum Needs More Time To Bottom Out, but One ETH Competitor Is Set for Rallies: Crypto Analyst appeared first on The Daily Hodl.

Ethereum Needs More Time To Bottom Out, but One ETH Competitor Is Set for Rallies: Crypto Analyst

As for Bitcoin and Ethereum, little changed as investor sentiment cools around crypto.

Layer 1 Crypto Prices Took a Nosedive This Week

PRESS RELEASE. InsurAce.io has announced that its proposal for a NEAR protocol development grant has now been granted, and that its deployment on NEAR shall take place very soon. InsurAce.io is constantly on the search for new ecosystems and technologies. They have stated that new procedures and protocols will be implemented ever since the initial […]

NEAR Protocol Provides Development Grant To InsurAce․io

Chainlink

A top crypto analyst and trader is naming Solana (SOL), Chainlink (LINK) and three other altcoins as the digital assets to watch this month. In a new video, pseudonymous trader Altcoin Sherpa says that he expects one more leg down for smart contract platform Solana to around $65 before it can ignite a relief rally […] The post Solana (SOL), Chainlink (LINK) and Three Additional Altcoins Are Ones To Watch This February: Crypto Analyst appeared first on The Daily Hodl.

Solana (SOL), Chainlink (LINK) and Three Additional Altcoins Are Ones To Watch This February: Crypto Analyst

Quick Take Founded in 2018 by Alexander Skidanov and Illia Polosukhin, NEAR Protocol is an open-source platform for decentralized applications NEAR has recently raised $150 million, which came just a few months after NEAR started an $800 million fund to foster growth in the entire ecosystem The Block has identified 213 projects and companies across 14 verticals in the NEAR Ecosystem

Mapping out NEAR Protocol's Ecosystem

Digital asset investment giant Pantera Capital is giving a bullish outlook for Ethereum (ETH) rivals like Solana (SOL) and Near in 2022.  In its latest letter to investors, Pantera partner Paul Veradittakit says that rival smart contract platforms are eating away the market share of Ethereum, which now accounts for just 63% of the total […] The post Ethereum Competitors Like Solana (SOL) and NEAR Set for ‘Immense Growth' This Year: Pantera Capital appeared first on The Daily Hodl.

Ethereum Competitors Like Solana (SOL) and NEAR Set for ‘Immense Growth' This Year: Pantera Capital

Avalanche

Tezos

A crypto investor from Crypto Valley Venture Capital is reportedly keeping a close watch on a number of Ethereum (ETH) rivals showing potential for growth. In a new Business Insider report, Olaf Hannemann, the founder and chief information officer of the blockchain-focused venture capital firm, says that beyond Bitcoin (BTC), there are a number of interesting […] The post Crypto Venture Capitalist Says He's Bullish on Several Ethereum Rivals Amid Shift in Crypto Market Dynamics: Report appeared first on The Daily Hodl.

Crypto Venture Capitalist Says He's Bullish on Several Ethereum Rivals Amid Shift in Crypto Market Dynamics: Report

Despite the recent market slump, the FOAN — Fantom, Harmony, Cosmos and NEAR Protocol — group of alternate layer-1 blockchains have outperformed its peers.

FOAN Continues Strong Fundamentals Growth in January Push

Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding Blockchain ecosystems are now emerging faster than ever with the help of EVM, bridges, and incentives Growing L1 networks continue to face unexpected scaling challenges as they attempt to meet user demand This week, we take a look at Fantom, Solana, Harmony, and NEAR

Layer by Layer Issue 17: Fantom, Solana, Harmony, and NEAR

The price of Ethereum (ETH) challenger Near (NEAR) is surging after completing a new funding round. From a low of $13.38 on Monday, the altcoin hit a high of $19.92 on Thursday following reports that the Near Foundation just raised $150 million in additional investments. Three Arrows Capital CEO Su Zhu tells his 456,400 followers […] The post New Ethereum Competitor Soars After Announcing $150,000,000 Fundraising Round appeared first on The Daily Hodl.

New Ethereum Competitor Soars After Announcing $150,000,000 Fundraising Round

On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol's native crypto asset jumped more than 7% against the U.S. dollar. Near Foundation Gets a $150 Million Capital Injection The team behind […]

Near Foundation Raises $150 Million to Bolster Web3 Adoption

The NEAR Foundation has closed a $150 million funding round less as it looks to become the hub of an open web3. The post NEAR raises $150 million as it looks to become a hub of web3 development appeared first on The Block.

NEAR raises $150 million as it looks to become a hub of web3 development

NEAR's latest raise bring some of the space's highest-profile investors into the fold as the network gears up for a major DeFi push.

NEAR Raises $150M From Major Crypto Investment Firms

Cloud computing-centric layer-one network NEAR Protocol (CRYPTO: NEAR) and Cosmos (CRYPTO: ATOM), a coin of a project that is described as an ecosystem of blockchains, have been stars of January — having risen 69.95% an

What Is Fueling The Rise Of NEAR Protocol, Cosmos In January?

A widely followed crypto trader says Bitcoin is forming a pattern reminiscent of July before its big breakout, and that two other altcoins are looking bullish. The pseudonymous trader known as Cantering Clark tells his 99,000 Twitter followers that Bitcoin‘s recent price action looks similar to when it was trading near $30,000 before it ultimately […] The post Top Trader Says Bitcoin Breakout on Horizon, Predicts Rallies in Fantom (FTM) and One More Altcoin appeared first on The Daily Hodl.

Top Trader Says Bitcoin Breakout on Horizon, Predicts Rallies in Fantom (FTM) and One More Altcoin

A closely followed crypto strategist and trader says that a big move is on the horizon for Ethereum competitor Near while comparing one altcoin's market structure to the explosive price action of Avalanche (AVAX). Pseudonymous crypto analyst Cantering Clark tells his 99,100 Twitter followers that Near, a developer-focused blockchain designed for scalability and stability, is […] The post Top Crypto Analyst Predicts Big Move for Ethereum Rival NEAR, Says One Altcoin Following AVAX's Explosive Rally appeared first on The Daily Hodl.

Top Crypto Analyst Predicts Big Move for Ethereum Rival NEAR, Says One Altcoin Following AVAX's Explosive Rally

Aave

The host of popular crypto channel Coin Bureau says he's bullish on two large-cap altcoins, adding that two others may need to see corrections before further rallies. In a new video, the analyst known as Guy says he's watching smart contract platform Fantom (FTM). While he's bullish on the altcoin, its relative strength index (RSI) […] The post Coin Bureau Bullish on Two Large-Cap Altcoins, Issues Warning on Fantom (FTM) and Near Protocol (NEAR) appeared first on The Daily Hodl.

News for NEAR Protocol Crypto (NEAR)