NEAR protocol raises $150 million to become a Web3 development hub

    “High-performance blockchain” NEAR Protocol has raised $150 million in its latest funding round led by Three Arrows Capital. The NEAR token has surged on the news, gaining 6.6% in the following hours. NEAR Protocol announced Thursday that it has successfully closed a $150 million funding round to accelerate Web3 adoption. Su Zhu and Kyle Davies’…

    WP: Cryptocurrency is suddenly everywhere – except in the cash register

    While interest in crypto has exploded, few people are using it for its intended purpose: to pay for things – writes Tory Newmyer on The Washington Post. Billionaire tech executive Michael Saylor has called Bitcoin “the seminal invention of the human race.” His website describes it as “a bank in cyberspace” offering a “simple, &…

    Kevin O’Leary believes NFTs in 2022 will become bigger than Bitcoin

    “Shark Tank” star and celebrity investor Kevin O’Leary predicted non-fungible tokens (NFTs) will be bigger than Bitcoin. He appreciates NFTs can prove ownership of real-world items, such as designer watches or flashy cars. Though, comparing Bitcoin and NFT, O’Leary said he’s “investing on both sides of that equation.” At Yahoo Finance Live the chairman of…

    Goldman Sachs predicts Bitcoin could reach $100,000 and rival gold as store of value

    Bitcoin will take market share away from gold in 2022 as digital assets become more widely adopted, Zach Pandl, the co-head of global foreign exchange, rates, and emerging market strategy for Goldman Sachs, said in a research note to clients. “We think that Bitcoin’s market share will most likely rise over time as a byproduct…

    Robert Kiyosaki suggests Bitcoin as a hedge against the upcoming depression

    Robert Kiyosaki, the author of the best-selling book “Rich Dad Poor Dad,” said we’re already in a ‘technical depression’ and added that he’s using these gold, silver, and Bitcoin to protect himself from the pain. As the S&P 500 back near all-time highs, the stock market is mostly shrugging off inflation and Omicron concerns. But…

    Crypto market correction is triggered by investors booking profits – CoinShares CSO

    The CoinShares CSO, Meltem Demirors, is saying digital assets have done “exceptionally well” in 2021, even after retreating from their record highs. He suggested that the crypto market correction is driven by investors booking profits. Meltem Demirors, the chief strategy officer (CSO) of cryptocurrency investment firm CoinShares, said in a Yahoo Finance interview that one…