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	<title>NEAR &#8211; Crypto Market Insights: Dive In with CryptoUpdate.io</title>
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		<title>Future Forecasts for Near Protocol: Can NEAR Double Its Value by 2030?</title>
		<link>https://cryptoupdate.io/2025/06/20/future-forecasts-for-near-protocol-can-near-double-its-value-by-2030/</link>
					<comments>https://cryptoupdate.io/2025/06/20/future-forecasts-for-near-protocol-can-near-double-its-value-by-2030/#respond</comments>
		
		<dc:creator><![CDATA[Archire Tectre]]></dc:creator>
		<pubDate>Fri, 20 Jun 2025 13:00:39 +0000</pubDate>
				<category><![CDATA[Altcoins]]></category>
		<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Price Trends]]></category>
		<category><![CDATA[2025]]></category>
		<category><![CDATA[2030]]></category>
		<category><![CDATA[Altcoin]]></category>
		<category><![CDATA[blockchain]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[NEAR]]></category>
		<category><![CDATA[Near Protocol]]></category>
		<category><![CDATA[price prediction]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/2025/06/20/future-forecasts-for-near-protocol-can-near-double-its-value-by-2030/</guid>

					<description><![CDATA[<p>Could the Near Protocol crypto token potentially double its value in the coming years? With predictions for 2025 ranging from $1.95 to $9.00, and a potential high of $71.78 by 2030, NEAR is rapidly becoming a major player in the cryptocurrency market. As altcoin momentum builds, Near Protocol&#8217;s recent growth has piqued the interest of [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/06/20/future-forecasts-for-near-protocol-can-near-double-its-value-by-2030/">Future Forecasts for Near Protocol: Can NEAR Double Its Value by 2030?</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Could the Near Protocol <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> token potentially double its value in the coming years? With predictions for 2025 ranging from $1.95 to $9.00, and a potential high of $71.78 by 2030, NEAR is rapidly becoming a major player in the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> market. As altcoin momentum builds, Near Protocol&rsquo;s recent growth has piqued the interest of both individual and institutional investors.</p>
<p>NEAR&rsquo;s future is looking bright with its recent bridging to Solana and TON via Chain Signatures. If you&rsquo;re interested in where NEAR might be heading, this comprehensive NEAR Price Prediction for 2025 &ndash; 2030 will delve into the potential scenarios.</p>
<p>As of now, NEAR&rsquo;s price is subject to various market influences. After reaching a $9 peak in Q1 of 2024, sell pressure caused NEAR to drop to $3.5. However, the election of Donald Trump in Q4 rejuvenated the altcoin sector, benefiting NEAR. Although there were high hopes for a new ATH and the crossing of the psychological $10 mark, NEAR only managed to climb to $8.2 due to a strong supply level.</p>
<p>Looking at the potential future, NEAR&rsquo;s price may reach as high as $71.78 by 2030. However, these predictions are based on a variety of factors including market recovery, adoption rates, and macroeconomic trends. By 2030, NEAR could reach as high as $71.78, driven by network expansion and mainstream blockchain adoption.</p>
<p>However, it&rsquo;s important to note that these are just predictions. The actual price of NEAR could be influenced by a variety of factors, including changes in market conditions, regulatory developments, and technological advancements.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/06/20/future-forecasts-for-near-protocol-can-near-double-its-value-by-2030/">Future Forecasts for Near Protocol: Can NEAR Double Its Value by 2030?</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
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		<title>Ethereum (ETH) Rockets Over $2.5K as Altcoins Shine: Weekend Crypto Spotlight</title>
		<link>https://cryptoupdate.io/2025/05/11/ethereum-eth-rockets-over-2-5k-as-altcoins-shine-weekend-crypto-spotlight/</link>
					<comments>https://cryptoupdate.io/2025/05/11/ethereum-eth-rockets-over-2-5k-as-altcoins-shine-weekend-crypto-spotlight/#respond</comments>
		
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		<pubDate>Sun, 11 May 2025 07:00:43 +0000</pubDate>
				<category><![CDATA[Altcoins]]></category>
		<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Price Trends]]></category>
		<category><![CDATA[ADA]]></category>
		<category><![CDATA[altcoins]]></category>
		<category><![CDATA[AVAX]]></category>
		<category><![CDATA[Bitcoin]]></category>
		<category><![CDATA[DOGE]]></category>
		<category><![CDATA[Ethereum]]></category>
		<category><![CDATA[HBAR]]></category>
		<category><![CDATA[LEO]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[Market Cap]]></category>
		<category><![CDATA[NEAR]]></category>
		<category><![CDATA[PEPE]]></category>
		<category><![CDATA[PI]]></category>
		<category><![CDATA[price-surge]]></category>
		<category><![CDATA[SHIB]]></category>
		<category><![CDATA[TON]]></category>
		<category><![CDATA[UNI]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/2025/05/11/ethereum-eth-rockets-over-2-5k-as-altcoins-shine-weekend-crypto-spotlight/</guid>

					<description><![CDATA[<p>In recent weeks, the crypto market has been abuzz with altcoin action, as several tokens have recorded significant price boosts. This trend is primarily driven by Ethereum (ETH), the largest altcoin, which has seen an 8% surge over the past day, and is currently trading well above the $2,500 mark. Just over a month ago, [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/05/11/ethereum-eth-rockets-over-2-5k-as-altcoins-shine-weekend-crypto-spotlight/">Ethereum (ETH) Rockets Over $2.5K as Altcoins Shine: Weekend Crypto Spotlight</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>In recent weeks, the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> market has been abuzz with altcoin action, as several tokens have recorded significant price boosts. This trend is primarily driven by Ethereum (ETH), the largest altcoin, which has seen an 8% surge over the past day, and is currently trading well above the $2,500 mark.</p>
<p>Just over a month ago, ETH experienced a sharp price drop to its lowest level in over a year, pegged at $1,400 on April 9. Although it showed some recovery in the following weeks, it faced challenges in confidently surpassing the $1,800 mark. This changed with the recent positive macro developments and the implementation of the Pectra upgrade, which led to a sharp increase in ETH&rsquo;s price.</p>
<p>On a daily basis, ETH has shot up by nearly 9%. However, its weekly surge is even more remarkable &ndash; nearly 40%, pushing its price well beyond the psychological resistance of $2,500.</p>
<p>Other altcoins have followed in ETH&rsquo;s footsteps with significant price gains. <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>DOGE</a>, for instance, has surged by over 16% and is currently trading above $0.24. ADA, AVAX, LINK, SHIB, HBAR, TON, and PEPE have also shown impressive growth. PI, UNI, and NEAR have recorded double-digit price increases over the past day, while LEO stands out as one of the few tokens in the red.</p>
<p>The total <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> market cap has swelled by an additional $70 billion and now stands at $3.470 trillion, according to CG.</p>
<p>While <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> (BTC) remains green on a daily scale, its gains are less dramatic. BTC has seen a modest increase of less than 1% and is trading above $104,000, after being halted at $105,000 earlier. On a weekly scale, BTC has leaped by almost 9%, breaking the $100,000 barrier for the first time in over three months.</p>
<p>However, BTC&rsquo;s dominance over the altcoins has experienced a significant decrease. The metric, which was as high as roughly 62% a few days ago, has dropped to under 60% as of now. Despite this, BTC&rsquo;s market cap continues to rise and is currently pegged at $2.070 trillion on CG.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/05/11/ethereum-eth-rockets-over-2-5k-as-altcoins-shine-weekend-crypto-spotlight/">Ethereum (ETH) Rockets Over $2.5K as Altcoins Shine: Weekend Crypto Spotlight</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
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		<title>Bitwise Proposes Registration for NEAR-based ETF: An S-1 Submission to SEC</title>
		<link>https://cryptoupdate.io/2025/05/06/bitwise-proposes-registration-for-near-based-etf-an-s-1-submission-to-sec/</link>
					<comments>https://cryptoupdate.io/2025/05/06/bitwise-proposes-registration-for-near-based-etf-an-s-1-submission-to-sec/#respond</comments>
		
		<dc:creator><![CDATA[Archire Tectre]]></dc:creator>
		<pubDate>Tue, 06 May 2025 21:00:40 +0000</pubDate>
				<category><![CDATA[Altcoins]]></category>
		<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Cryptocurrency Trading]]></category>
		<category><![CDATA[Bitcoin]]></category>
		<category><![CDATA[Bitwise]]></category>
		<category><![CDATA[Delaware]]></category>
		<category><![CDATA[digital assets]]></category>
		<category><![CDATA[ETF]]></category>
		<category><![CDATA[NEAR]]></category>
		<category><![CDATA[SEC]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/2025/05/06/bitwise-proposes-registration-for-near-based-etf-an-s-1-submission-to-sec/</guid>

					<description><![CDATA[<p>Bitwise, the renowned digital asset management company, has officially filed a S-1 registration statement for a NEAR exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC), as disclosed in a recent S-1 filing. The proposed Bitwise NEAR ETF is poised to offer investors the chance to gain exposure to the NEAR token via [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/05/06/bitwise-proposes-registration-for-near-based-etf-an-s-1-submission-to-sec/">Bitwise Proposes Registration for NEAR-based ETF: An S-1 Submission to SEC</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><em>Bitwise, the renowned digital asset management company, has officially filed a S-1 registration statement for a NEAR exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC), as disclosed in a recent S-1 filing.</em></p>
<p>The proposed Bitwise NEAR ETF is poised to offer investors the chance to gain exposure to the NEAR token via a conventional brokerage account, eliminating the need for direct digital asset ownership. This is akin to how the Bitwise spot <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> ETF, BITB, provides exposure to <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>.</p>
<p>Bitwise&rsquo;s move to register with the regulator comes almost two weeks following its application to initiate a Bitwise NEAR ETF in Delaware, perceived as a precursor to an ETF launch.</p>
<p>NEAR, the native token of the Near protocol, was trading at $2.30 per token, reflecting a 2.15% decline over the past day, based on data from The Block&rsquo;s NEAR price page.</p>
<p>Alongside NEAR, several other companies have proposed establishing ETFs that track digital assets such as <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>DOGE</a>, PENGU, SEI, and TRX, as reported by The Block.</p>
<p>Note: The Block, an autonomous media outlet providing news, research, and data, is majorly backed by Foresight Ventures as of November 2023. Foresight Ventures also invests in other <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> enterprises. <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Crypto</a> exchange Bitget is an anchor LP for Foresight Ventures. The Block operates independently, delivering unbiased, significant, and timely <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> industry information. See our present financial disclosures. &copy; 2025 The Block. All Rights Reserved. This article is for informational purposes only and should not be interpreted as legal, tax, investment, financial, or other advice.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/05/06/bitwise-proposes-registration-for-near-based-etf-an-s-1-submission-to-sec/">Bitwise Proposes Registration for NEAR-based ETF: An S-1 Submission to SEC</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
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		<title>Nubank, Backed by Berkshire, Expands Crypto Portfolio with ADA, NEAR, and ATOM</title>
		<link>https://cryptoupdate.io/2025/03/25/nubank-backed-by-berkshire-expands-crypto-portfolio-with-ada-near-and-atom/</link>
					<comments>https://cryptoupdate.io/2025/03/25/nubank-backed-by-berkshire-expands-crypto-portfolio-with-ada-near-and-atom/#respond</comments>
		
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		<pubDate>Tue, 25 Mar 2025 20:00:55 +0000</pubDate>
				<category><![CDATA[Altcoins]]></category>
		<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Cryptocurrency Trading]]></category>
		<category><![CDATA[ADA]]></category>
		<category><![CDATA[ATOM]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[Brazil]]></category>
		<category><![CDATA[Crypto Portfolio]]></category>
		<category><![CDATA[Latin America]]></category>
		<category><![CDATA[NEAR]]></category>
		<category><![CDATA[Nubank]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/2025/03/25/nubank-backed-by-berkshire-expands-crypto-portfolio-with-ada-near-and-atom/</guid>

					<description><![CDATA[<p>Warren Buffett&#8217;s Berkshire Hathaway-backed financial institution, Nubank, recently announced the expansion of its cryptocurrency services to include four more altcoins. The Latin America-centric bank has incorporated Cardano (ADA), Near Protocol (NEAR), Cosmos (ATOM), and Algorand (ALGO) into its crypto portfolio as per a statement issued on March 25. These four cryptocurrencies have a combined market [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/03/25/nubank-backed-by-berkshire-expands-crypto-portfolio-with-ada-near-and-atom/">Nubank, Backed by Berkshire, Expands Crypto Portfolio with ADA, NEAR, and ATOM</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Warren Buffett&rsquo;s Berkshire Hathaway-backed financial institution, Nubank, recently announced the expansion of its <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> services to include four more altcoins. The Latin America-centric bank has incorporated Cardano (ADA), Near Protocol (NEAR), Cosmos (ATOM), and Algorand (ALGO) into its <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> portfolio as per a statement issued on March 25. These four cryptocurrencies have a combined market cap of approximately $34.6 billion at the time of the announcement.</p>
<p>Nubank&rsquo;s revenues have seen a significant increase, skyrocketing from $245 million in Q1 2021 to almost $3 billion by the end of 2024, as per Statista. With the addition of these four coins, Nubank Cripto&rsquo;s total coin offerings rise to 20. As of now, the platform permits its 100 million Brazilian clients to purchase, sell, and trade <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> (BTC), Ether (ETH), Solana (SOL), USDC (USDC), and XRP (XRP).</p>
<p>Berkshire Hathaway, led by Warren Buffett, has made several investments in Nubank. A notable investment was the $500 million in Nubank&rsquo;s Series G funding round in 2021, followed up by an additional $1 billion. Between 2022 and 2024, Berkshire Hathaway elevated its stake in Nubank from 0.1% to 0.4%.</p>
<p>Nubank initiated its journey into the world of cryptocurrencies in 2022, dedicating 1% of net assets to BTC and introducing <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> services. Later in October 2022, it unveiled plans to launch its loyalty tokens on the Polygon blockchain, a service which was discontinued in 2024. </p>
<p>As the largest economy in Latin America, Brazil&rsquo;s <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> market has seen tremendous growth, with stablecoins making up 90% of total <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> transactions. In 2024, Brazil led Latin America&rsquo;s <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> trading volume with $6 billion traded. As of 2025, Binance became the first <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> exchange to receive a broker-dealer license to operate in Brazil, and UK fintech Revolut has also made its entry into the market. Currently, Brazilian lawmakers are deliberating the legalization of salary payments in <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/03/25/nubank-backed-by-berkshire-expands-crypto-portfolio-with-ada-near-and-atom/">Nubank, Backed by Berkshire, Expands Crypto Portfolio with ADA, NEAR, and ATOM</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
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		<title>Nvidia&#8217;s Bearish &#8216;Death Cross&#8217; Phenomenon: An Omen for AI Cryptocurrency Tokens?</title>
		<link>https://cryptoupdate.io/2025/03/23/nvidias-bearish-death-cross-phenomenon-an-omen-for-ai-cryptocurrency-tokens/</link>
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		<pubDate>Sun, 23 Mar 2025 09:00:53 +0000</pubDate>
				<category><![CDATA[AI]]></category>
		<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Cryptocurrency Trading]]></category>
		<category><![CDATA[bearish]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[Death Cross]]></category>
		<category><![CDATA[FET]]></category>
		<category><![CDATA[NEAR]]></category>
		<category><![CDATA[Nvidia]]></category>
		<category><![CDATA[Render]]></category>
		<category><![CDATA[TAO]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/2025/03/23/nvidias-bearish-death-cross-phenomenon-an-omen-for-ai-cryptocurrency-tokens/</guid>

					<description><![CDATA[<p>According to a recent report by Barchart, the stock of chip manufacturing behemoth Nvidia (NVDA) is signaling a significant bearish trend. The last instance of this pattern resulted in a near 50% retraction. This development could potentially impact the AI cryptocurrency market, which has occasionally shown sensitivity towards Nvidia&#8217;s stock price behavior. &#8220;For the first [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/03/23/nvidias-bearish-death-cross-phenomenon-an-omen-for-ai-cryptocurrency-tokens/">Nvidia&#8217;s Bearish &#8216;Death Cross&#8217; Phenomenon: An Omen for AI Cryptocurrency Tokens?</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>According to a recent report by Barchart, the stock of chip manufacturing behemoth Nvidia (NVDA) is signaling a significant bearish trend. The last instance of this pattern resulted in a near 50% retraction. This development could potentially impact the AI <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> market, which has occasionally shown sensitivity towards Nvidia&rsquo;s stock price behavior.</p>
<p>&ldquo;For the first time since April 2022, NVDA has entered into a Death Cross. The previous occurrence witnessed a 47% stock plunge over the subsequent six months,&rdquo; Barchart reported on March 23rd. A death cross implies a bearish market situation where an asset&rsquo;s 50-day simple moving average (SMA) drops below the 200-day SMA.</p>
<p>Despite Nvidia&rsquo;s bearish signal prior to the close of trading week on March 21, some AI <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> tokens have seen growth. CoinMarketCap data reveals that Render (RENDER), Bittensor (TAO), and Artificial Superintelligence Alliance (FET) have risen by 4.06% and approximately 2.88% respectively.</p>
<p>Nvidia has been under the microscope for AI <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> investors. While some analysts have correlated AI <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> token rises with NVDA&rsquo;s performance &mdash; such as its nearly 70% rally prior to Nvidia&rsquo;s Q2 2024 earnings &mdash; there have also been instances where no evident correlation exists.</p>
<p>Post an 18% revenue surge from Q4 2023 in Q1 2024, Nvidia&rsquo;s performance disappointed some AI token traders as it didn&rsquo;t trigger a parallel move in AI <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> token prices. CryptoCosta, a <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> trader, remarked on a March 22 post, &ldquo;The AI hype has evidently fizzled out, and now only those AI tokens with genuine utility and revenue generation potential will prosper.&rdquo;</p>
<p>Over the last month alone, the market capitalization of top AI and big data <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> tokens has depreciated by 23.70%. Near Protocol (NEAR), the leading token in this sector by market cap, has seen nearly a 59% retracement over the last year, currently trading at $2.70.</p>
<p>However, a recent CoinGecko survey of 2,632 participants between February and March revealed that nearly half of the respondents are optimistic about the future of <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> AI tokens. 25% expressed full bullishness, while 19.3% indicated a somewhat bullish stance for <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> AI tokens in 2025. About 29% were neutral, and 26.3% were somewhat bearish or bearish.</p>
<p>Changpeng &ldquo;CZ&rdquo; Zhao, former CEO of Binance, recently stated, &ldquo;<a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Crypto</a> is indeed the money of AI, but not every agent needs its token. Agents can charge fees in existing cryptocurrencies for services. Launch a coin only if you have scale. The focus should be on utility, not tokens.&rdquo; In February, Sygnum remarked in an investment report that while AI agents have seen significant traction, they have &ldquo;found it challenging to prove their value beyond speculation.&rdquo;</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/03/23/nvidias-bearish-death-cross-phenomenon-an-omen-for-ai-cryptocurrency-tokens/">Nvidia&#8217;s Bearish &#8216;Death Cross&#8217; Phenomenon: An Omen for AI Cryptocurrency Tokens?</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
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		<title>Near Allocated $40 Million for the Eventual Demise of USN</title>
		<link>https://cryptoupdate.io/2022/10/25/near-allocated-40-million-for-the-eventual-demise-of-usn/</link>
					<comments>https://cryptoupdate.io/2022/10/25/near-allocated-40-million-for-the-eventual-demise-of-usn/#respond</comments>
		
		<dc:creator><![CDATA[Sophia N.]]></dc:creator>
		<pubDate>Tue, 25 Oct 2022 06:58:15 +0000</pubDate>
				<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Crypto News]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[Decentral Bank]]></category>
		<category><![CDATA[flament]]></category>
		<category><![CDATA[NEAR]]></category>
		<category><![CDATA[stablecoin]]></category>
		<category><![CDATA[USN]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/?p=6244</guid>

					<description><![CDATA[<p>The Near Foundation has called for the demise of the USN stablecoin and revealed that it would allocate $40 million to a &#8220;USN Protection Programme.&#8221; USN is a Near-native stablecoin that was designed and launched by Decentral Bank (DCB) in April. In light of recent market volatility, DCB reportedly approached the Near Foundation to inform [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/10/25/near-allocated-40-million-for-the-eventual-demise-of-usn/">Near Allocated $40 Million for the Eventual Demise of USN</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The Near Foundation has called for the demise of the USN stablecoin and revealed that it would allocate $40 million to a &ldquo;USN Protection Programme.&rdquo; USN is a Near-native stablecoin that was designed and launched by Decentral Bank (DCB) in April.</p>



<p>In light of recent market volatility, DCB reportedly approached the Near Foundation to inform them that USN had become undercollateralized, a risk &ldquo;inherent&rdquo; to algorithmic stablecoins. The DCB allegedly verified to the foundation that the double-minting of the USN contributed to the under-collateralization.</p>



<p>The <a href="https://cryptoupdate.io/2022/01/12/near-and-atom-altcoin-drop/">Near Foundation</a> suggests that the USN should discontinue operations. According to Near, the Foundation strongly recommends that DCB take this action as soon as possible reasonably and professionally that safeguards all of its users.</p>



<p>According to the announcement, the Near Foundation has decided to put aside $40 million to ensure user safety and help DCB wind down USN.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"><p>With the USN Protection Programme, Near Foundation understands that USN is now overcollateralized, as there is also approximately 5.7 million NEAR tokens in the DCB treasury, which the foundation expects DCB to donate to the Near community.</p></blockquote>



<p>When asked about the regulatory climate, Flament said, &ldquo;We are in a regulatory environment where the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> sector has a terrible image, and so does everything stablecoin-related.&rdquo; It is important to put the ideas of openness and user protection first and &ldquo;work through this.&rdquo;</p>



<p>Flament has said that he thinks this kind of help will no longer be needed as the ecosystem grows and new recruits are made. Flament said, </p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"><p>As an ecosystem we can learn from this and prevent it in the future.</p></blockquote>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/10/25/near-allocated-40-million-for-the-eventual-demise-of-usn/">Near Allocated $40 Million for the Eventual Demise of USN</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
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		<title>NEAR and ATOM Altcoin Drop</title>
		<link>https://cryptoupdate.io/2022/01/12/near-and-atom-altcoin-drop/</link>
					<comments>https://cryptoupdate.io/2022/01/12/near-and-atom-altcoin-drop/#comments</comments>
		
		<dc:creator><![CDATA[Chavy S.]]></dc:creator>
		<pubDate>Wed, 12 Jan 2022 06:38:27 +0000</pubDate>
				<category><![CDATA[New Altcoins]]></category>
		<category><![CDATA[altcoins]]></category>
		<category><![CDATA[ATOM]]></category>
		<category><![CDATA[NEAR]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/?p=3228</guid>

					<description><![CDATA[<p>Tokens of Cosmos also known as ATOM and Near also known as NEAR Altcoin. They were among key gainers of the main cryptocurrencies. It in last 24 hours as an extensive market which is extended to the slide. Also, the prices of cosmos and near have doubled in past month among the enhanced interest in [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/01/12/near-and-atom-altcoin-drop/">NEAR and ATOM Altcoin Drop</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Tokens of Cosmos also known as ATOM and Near also known as NEAR Altcoin. They were among key gainers of the main cryptocurrencies. It in last 24 hours as an extensive market which is extended to the slide.</p>



<p>Also, the prices of cosmos and near have doubled in past month among the enhanced interest in layer of 1<sup>st</sup> blockchains. Also, Layer 1 mainly refers to blockchain where platforms like Ethereum and Avalanche more which also developers may deploy the applications and their services.</p>



<h2 class="wp-block-heading">Position of NEAR</h2>



<p>NEAR has also posted the gains of about 25% from the Monday&rsquo;s lows for simply trading at more $16.62 Asian hours on this Tuesday prior dropping this back. Moreover, Prices are also down with 6% from previous week&rsquo;s highs of about $17.67. Also, getting this breached with the level of resistance that is also around $17. The support level also exists at $13 mark. It is even NEAR drops through this, where token could also slump to be low like $10.</p>



<p>However, protocol has also gained favor among the investors. The layer 1 play also there was the third-largest kind of the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> ecosystem by the activity of developer.</p>



<h2 class="wp-block-heading" id="h-position-of-atom">Position of ATOM</h2>



<p>ATOM also added almost 8% to more than $39.33 in last 24 hours prior to the brief sell-off saw that lose about 35 cents at time of writing. Even the prices were quite much low like $32 on the Monday evening compare to NEAR. Even, tokens are also trading around the actual resistance <a href="https://cryptoupdate.io/2021/12/21/we-will-support-ecosystem-of-crypto-cuy-sheffield/">support level</a> of about $37 at time of writing. It was with the most prominent buying zone till the level of $30 when the historic price action was considered.</p>



<p><a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Crypto</a> developers also mentioned that newer <a href="https://en.wikipedia.org/wiki/Blockchain" rel="nofollow noopener" target="_blank">blockchains</a> also create avenues for development for new protocols. It also simply contribute to the appeal among the investors.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/01/12/near-and-atom-altcoin-drop/">NEAR and ATOM Altcoin Drop</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
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