Bitcoin (BTC) Returned to Gains After Brief Correction, Solidified $65K as NEAR Protocol Calls Developers for Hackathon

Bitcoin (BTC) solidified its gains at $65,000, after briefly dipping under that level. The past few days saw trading volumes move close to $40B in 24 hours.

Bitcoin (BTC) price action slid for part of the day under the $65,000 barrier, but continued with the gains. After briefly dipping below that level, BTC returned to gains. A glance at the trading volumes shows a day of activity, with about $38 billion in the past 24 hours.

Bitcoin (BTC) price now has seven days of gains, with about 20% up from last Monday. But BTC started the week trading above the $60,000 level.

Bitcoin (BTC) gains support from US traders, while accruing new long positions. The recent Bitcoin (BTC) rally is mainly driven by spot buying. Derivative traders were gradually rebuilding their positions, but remained well below the pre-crash levels. Longs still dominate, some retaining their position since the lows at $53,000.

Bitcoin (BTC) price is still leading the market, with some tokens staging outsized rallies. One of the tokens that stood out in the past week is NEAR Protocol (NEAR).

NEAR Protocol (NEAR) calls developers for a hackathon, while the token rallied 34%. NEAR Protocol is focusing on offering utility, while aiming to become one of the top Web3 platforms. Earlier this November, NEAR Protocol announced a new hackathon, with a prize pool of $500,000.

NEAR Protocol is a niche Defi chain, with about $300 million locked up in the platform. The platform carries a full array of DEX, decentralized exchange, protocols, ranging from swaps to options. The platform also has liquid staking and lending protocols.

NEAR Protocol already recovered near its monthly peak, trading around $6.10. The asset is also up more than 30% week-on-week. NEAR Protocol gained special attention after Grayscale added it to its decentralized AI fund, with a mix of meme tokens and other Web3 platforms.

Clandeno (CLD) prepares for high-growth ICO presale with e-commerce platform, aiming for 50X growth

Clandeno (CLD) is launching its presale-stage ICO, aiming for a fair launch to a new decentralized e-commerce platform. Clandeno (CLD) will distribute 365 million tokens during the presale, with an additional 100 million treasury reserves left for incentives, staking rewards, and other early community initiatives.

Early buyers will also gain additional perks, such as an early preview of the product, as well as occasional flash sales. Every holder of Clandeno (CLD) tokens will be able to receive a share of the platform’s revenues. The model of Clandeno (CLD) is to have a 5% fee on sales, for all the goods listed on the platform.

Clandeno (CLD) will host merchants to trade anything from fashion, luxury items and vehicles to real estate.

To find out more about the Clandeno presale, visit their website here.

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