by aria-ratings.com
July 2, 2025 at 16:23
NEAR Protocol Gains Momentum as Bitwise Launches Staking ETP
The NEAR Protocol token experienced a notable surge of 7.6% on Wednesday.
This increase followed the announcement from Bitwise regarding the launch of a NEAR staking exchange-traded product (ETP).
The price of NEAR climbed from $2.09 to $2.13 and reached a peak of $2.18 amid robust trading activity.
This positive performance is significant as it could attract greater institutional interest in the NEAR ecosystem.
The launch of this ETP marks a pivotal moment for NEAR, showcasing its growing appeal among investors.
Technical analysts point to this event as a key driver for potential future price movements.
Expert Oliver Knight, a co-leader at CoinDesk, has noted the importance of staking products in enhancing market engagement.
The increased visibility through ETPs often leads to heightened investment and interest in the underlying assets.
With cryptocurrency markets evolving, NEAR’s strategy may position it favorably for sustained growth.
As the market continues to react to these developments, stakeholders will be closely monitoring NEAR’s trajectory.
Ripple has made a noteworthy move by applying for a national banking license in the United States through the Office of the Comptroller of the Currency (OCC). This application aims to bolster regulatory oversi...
The regulation of crypto staking is becoming increasingly important as the digital asset landscape evolves. Recent publications from the Swiss Financial Market Supervisory Authority (FINMA) and the US SEC reve...
In a significant legal development, a bankruptcy judge in New York has permitted Celsius Network to advance its $4 billion lawsuit against stablecoin issuer Tether. Celsius alleges that Tether improperly liqui...
The U.S. Securities and Exchange Commission (SEC) is intensifying its focus on cryptocurrency regulations, addressing concerns raised by industry stakeholders. SIFMA recently urged the SEC to reject exemptions...
Coinbase has recently acquired the token management platform Liquifi, representing its fourth acquisition in 2025. This strategic move is aimed at enhancing Coinbase’s token distribution capabilities, position...
A recent romance scam has highlighted the risks associated with cryptocurrency investments in Japan and beyond. A Korean man in his 50s fell victim to an elaborate scheme that cost him over 100 million won, eq...
In a significant move, the US Treasury Department has sanctioned a TRON wallet linked to the Russian-based Aeza Group as part of its efforts to combat cybercrime. The wallet, holding over $350,000, is accused ...
Nigeria stands at the forefront of cryptocurrency adoption on the African continent. In a significant policy shift, the government has redefined cryptocurrencies as securities under the recently signed Investm...
AllUnity, a collaborative effort between Deutsche Bank and DWS, has received regulatory approval from BaFin to issue a new euro-pegged stablecoin named EURAU. With the granted E-Money Institution (EMI) license...
Stay informed and up-to-date on the market's latest news with ARIA's Institutional Terminal's News Aggregator.
Find your curated news articles and analysis from over 50 sources, including the crypto's biggest publications.
Get Institutional Access