Cronos (CRO) Rallies After Revealing Partnership With Amazon Web Services

The native token of Crypto.com is soaring after unveiling a new partnership with Amazon Web Services. In an announcement on LinkedIn, Amazon says that it is partnering up with Cronos to support Web3 start-ups, including decentralized finance (DeFi) and infrastructure.

Timeline of Cronos

Crypto.com (CRO) price went parabolic on Wednesday after the developers announced a new partnership with Amazon AWS. Cronos token jumped to a high of $0.076, the highest point since March 2. In all, the coin has jumped by more than 21% from the lowest level in March.

Amazon Web Services, the cloud computing subsidiary of e-commerce giant Amazon, on Wednesday announced a partnership with Cronos, deepening its roots in the crypto space. Amazon keeps expanding its presence in the crypto, blockchain, Web3, and NFT areas considering major advancements in the future.

According to court documents filed on Tuesday, FTX, the defunct cryptocurrency exchange, is offering a $4 million bonus program to retain its staff. FTX's CEO, John J. Ray III, wants to offer bonuses up to 94% of salary to prevent employees with knowledge of programming or company accounting practices from quitting.

With March beginning with plenty of news and excitement, let's take a look at the weekly performances from Optimism (OP), Cronos (CRO), and the African sensation DPA Token (DPAT), the protocol opening up African investments to the global crypto community.

Latest crypto news regarding Cronos (CRO) and GMX. Cronos (CRO) is the cryptocurrency issued by Crypto.com, the popular crypto exchange. It was launched in 2016, along with Crypto.com itself.

Bone Shibaswap (CRYPTO: BONE) rose 3% in the last 24 hours, even as Shiba Inu (CRYPTO: SHIB), Dogecoin (CRYPTO: DOGE) and Floki (CRYPTO: FLOKI) clocked losses amid a cryptocurrency market slide. What Happened: The rally comes after crypto exchange Crypto.com on March 2, lists BONE for trading.

Crypto.com has announced new partners of Cronos Accelerator: the program dedicated to supporting blockchain applications. In the meantime, the CRO crypto suffers a 6% price dump in the last 24 hours.

CRO, the native cryptocurrency of the Cronos [CRO] chain, found its way into the top 10 tokens traded by Ethereum [ETH] whales, Whale Stats revealed on 17 January. The token, which has been clouded with a drop in market cap in the last 24 hours, has benefited from a 39.82% value increase in the last 30 days.

As crypto assets recover from the 2022 crypto winter, Cronos (CRO) has recorded massive gains in 24 hours. Cronos' trading volume has spiked by 301.28%, showing that the coin has attracted more trading activity.

On Monday, the price of Cronos (CRO)–the native cryptocurrency of the Crypto.com exchange–kept climbing higher while the price of other digital assets remained unchanged. The price of the crypto token has reached its highest since November 11 when it hit $0.09 per coin.