This episode is sponsored by Nexo, Abra and FTX US. Download this episode In today’s “Weekly Recap,” NLW looks at a slew of funding rounds announced this week, including: Near Protocol, $150 million ZeroHash, $105 million Checkout.com, $1 billion SEBA, $119 million DeFi Alliance (now Alliance DAO), $50 million FTX Ventures, $2 billion See also:…

The post ‘Every Company Will Be a Crypto Company’; A Venture Funding Outlook for 2022 appeared first on Bitcoin News Miner.

NEAR coin price creates a new all-time high level at $20 but falls due to increased profit booking. Will the bulls regain trend control to reach $23? NEAR Protocol is a layer-1 blockchain that was created as a cloud computing platform run by community members. It removes certain limitations that have plagued other blockchains such as slow transaction speed and interoperability. It provides the perfect environment for DApps and provides an easy-to-use and developer-friendly platform. For example, NEAR uses human-readable account names, as opposed to the cryptocurrency-based wallet addresses used by Ethereum. NEAR is also able to provide innovative solutions to scaling issues and also has its own mechanism for consensus called “Doomslug.” Let us move ahead to read about Near Protocol technical analysis. Past Performance of NEAR The NEAR coin price faces rejection near the all-time high level of $20.38, predicted in our previous article. The coin price shows a growth of 60% in the last five days resulting in multiple bullish engulfing candlesticks. The price jump results in the breakout of multiple resistance levels including $18. Therefore, the current retracement acts as the retest of the $18 breakout. NEAR/USD Daily Chart NEAR Technical Analysis The NEAR coin price forms a bearish candle with a minuscule wick, indicating a solid selling pressure in action. However, the free fall in the coin price can find support at $18 as a previous candle shows lower price rejection from the horizontal level. Crucial EMAs (50, 100, and 200) rise in an ascending alignment reflecting a solid bull run in action. Therefore, retracements to 20-day EMA can provide buy-the-dip opportunities. The RSI indicator at 65% shows a small reversal in the slope as it struggles to rise into the overbought zone. Nonetheless, the slope and the 14-day SMA sustain above the center mark in the daily chart. The MACD indicator shows a gradual rise in the MACD and signal lines in the positive segment in the daily chart. Therefore, the indicator remains bullish for the NEAR coin.  Therefore, the technical analysis indicates a solid bull run with a short correction in action to retest the bullish breakout. Furthermore, the indicators maintain a buy signal for the coin. Upcoming Trend The creation of an all-time new high level at $20 marks a significant bullish milestone for the NEAR coin. That is why a fall due to profit booking is seen. However, the retest of $18 will drive the prices higher to the next pivot level. That is why holders can see the price break above $20 shortly. The price action suggests support levels at $18 and $16 can halt the profit booking induced falling price. And, a bullish reversal can find selling pressure at $20 and $23. At press time, the sentiments chart gives a “BUY” signal for the Near Protocol token.

The post NEAR Technical Analysis: New All-Time High Formation Induces Profit Booking, Should You Keep Holding or Sell? appeared first on Cryptoknowmics-Crypto News and Media Platform.

Until now, NEAR Protocol has quietly grown as a scalable, proof-of-stake network.

The post The rise of NEAR Protocol as a project led ecosystem appeared first on CryptoSlate.

NEAR price enters price discovery following the successful completion of a $150 million funding round and exponential ecosystem growth.

Bitcoin gets rejected at $44K again and most altcoins are also in the red today while Doge stole the show after the Tesla announcement for accepting DOGE for merch as we are reading more today in our latest Bitcoin news. Bitcoin gets rejected at $44K and the rejection drove it south by $2000 and most […]

MEXC Pioneer is partnering with Proximity Labs, a cutting-edge research firm focused on DeFi technology within NEAR ecosystem.  Decentralized finance, or DeFi, has become an essential component of cryptocurrency markets and firmly established itself in the blockchain industry. Today, people are looking for more easy-to-use and reliable DeFi platforms to get involved. Focused on DeFi […]

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 […]

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media,...

You now can deposit, trade, and withdraw NEAR Protocol (NEAR) on the Blockchain.com Exchange.NEAR is a layer one blockchain built with speed, scalability,...

-- EmiSwap (https://emiswap.com), the only community-governed decentralized exchange (DEX) paying out high rewards for liquidity providers, today announced its integration with Polygon blockchain, the leading platform for Ethereum scaling and infrastructure development. The new integration will aim to reduce the transaction costs without compromising output, enabling quicker and cheaper user transactions. The integration will allow users to execute trades instantly using the EmiSwap interface and pooled liquidity utilizing Polygon's full-stack layer 2 scaling solutions.

While the Ethereum network currently hosts the bulk of EmiSwap activity, it is not always a viable option for traders, due to ongoing network congestion and high gas and transaction rates. Even with the recently reduced capacity, spending over $25-$250 dollars for a single transaction fee is quickly becoming unjustifiable to many crypto investors. EmiSwap's new integration with Polygon will offer a viable layer 2 solution: making Ethereum much more usable and cheaper with a 0.001 MATIC gas fee on the platform. 

“We are delighted to be working with Polygon to bring their scalability solutions to the market, as it enables new innovative and value-adding services for our users,” said Grigory Rybalchenko, founder and CEO of EmiSwap. “Now, EmiSwap users will have the option to swap and provide liquidity on EmiSwap DEX with fast and nearly free transactions due to the Polygon integration. This is the next phase in the development of a multichain decentralized platform that will allow us to provide additional value to the DeFi market and our community.”  

EmiSwap aims to become the go-to multichain AMM DEX providing users with simple and affordable transactions. The new Polygon integration will provide the EmiSwap community with several advantages including:

• Users will be able to stake their LP tokens into the new farming pool and win a 365% APR airdrop (per liquidity) plus additional percentage APR for farming with 0.25 percent of the platform fees paid by the token swappers. The reward amount grows with the amount held in the liquidity pool.
  
  

• The 180 percent airdrop that will provide liquidity in any pool with ESW token and will receive 180 percent APR (per liquidity) + 0.25 percent of the platform's fees will be paid by token swappers. Similarly to the 365 percent APR airdrop. 
  
  

• Users can check here (https://emiswap.com/farm) the percentage APR Farming pool in which users can provide liquidity or stake their LP token in farming pools and receive high percentage APR rewards daily. Again, 0.25 percent of the platform's fees will be paid by token swappers. The XXX percent APR farming pool will launch on November 23,2021. Users will also have access to migrate liquidity from QuickSwap. Pairs available for liquidity migration are WETH-USDC, WETH-WMATIC, WETH-WBTC, USDC-USDT and WMATIC-USDT.

Additionally, the Referral Program will work with both 365/180 percent airdrops. With three referral levels, users will be able to receive a percentage from the rewards of users they have invited to the EmiSwap platform:

• Level 1: If a user invites USER1 by their referral link, the user will receive 3 percent of their reward.

• Level 2: If USER1 invites USER2, the original user will receive 5 percent of USER2 rewards.

• Level 3: IF USER2 invites USER3, the original users will receive 7 percent of the USER3 reward. 

EmiSwap now supports Ethereum, Kucoin, and Polygon blockchains with Near Protocol, Avalanche and Binance Smart Chain currently under development. 

For more information, please visit EmiSwap's official Website and Medium as well as follow the EmiSwap Telegram group.

                                                                       

About Polygon

Polygon is the leading platform for Eutherum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, datavailabilit solutions and more. Polygon's scaling solutions have seen widespread adoption with more than 1200 applications hosted, about 600M total transactions processed, about 60M unique user addresses and more than $5B in secured assets. Learn more about Polygon by visiting their Website, Twitter, Ecosystem Twitter, Reddit, Discord, Telegram and Instagram.

About EmiSwap  

EmiSwap is an audited, cross-chain AMM DEX that allows users to safely extract over high APR daily from liquidity mining and farming on Ethereum, Kucoin and Polygon. EmiSwap distributes 0.05 percent of the exchange volumen to ESW token holders, compensates 100 percent of the ETH gas users pay and features unique and yield-boosting NFT Magic Cards that increase user's yield. EmiSwap is audited by Hacken and BluSwarm and constantly adjusts APR, launches new farming pools and distributes additional rewards for liquidity providers. Learn more about EmiSwap AMM DEX and join the decentralized family by visiting the Website, Twitter, Medium, Telegram, Discord and GitHub.