DOGE's surge came after another interaction by Elon Musk.
Bitcoin (BTC) maintains its position above $67,000 despite a brief dip to the $65,000 range during the week. BTC currently trades around the $67,000 level, and major altcoins, such as Ethereum, Solana, Ripple, Polkadot, and Dogecoins, have experienced volatile trading weeks.
Polkadot (DOT) registered a significant decline in recent days, erasing all the gains it had made the previous week. DOT dropped to $4 on Friday but recovered to trade in the $4.10 range.
Here's why DOT's fall might come to a halt soon.
Polkadot (DOT) registered a significant decline in recent days and lost all gains of the previous week. Bearish sentiment overwhelmed the market, resulting in a substantial drop in the altcoin's price.
Polkadot (DOT) is down almost 92% from its all-time high. However, the layer zero blockchain network may still bounce back as its market cap is standing at over $5 billion, at the time of writing.
DOT rally is incoming as metric suggests
Cosmos' co-founder and core contributors were previously unaware of the North Korean link, which could lead to the removal of the Liquid Staking Module.
Polkadot (DOT) continued declining this week, shedding over 3% in the past 24 hours, as selling pressure continues to weigh down its price.
Polkadot (DOT), one of the major cryptocurrencies in the market, is attracting attention after breaking out of a falling wedge pattern, which is often seen as a bullish signal. With its current price hovering around $4.49, the key question is whether DOT can push through the critical $5 resistance level.
Polkadot (DOT) has registered a substantial decline over the past 24 hours, with the price down by almost 3.50% and back under $4.50. It is currently trading at $4.41.
The European Central Bank needs to improve how it communicates policy intentions and uncertainty, but copying the U.S. Federal Reserve's "dot plot" projection method is not a desirable option, Bundesbank President Joachim Nagel said on Tuesday.
Set to be valued at $321 billion by 2026, the gaming industry continues to innovate at a relentless speed as new technologies enter the mix. While the likes of virtual reality (VR), ever-improving 3D rendering software, and cross-compatible play have taken center stage in recent years, there's one corner of innovation that stands above the rest when immersing players in everything that they do within their favorite gaming ecosystem; blockchain technology.
Bitcoin faces a pullback, but altcoins see gains as macroeconomic factors and U.S. election optimism fuel the crypto market.
Polkadot's falling wedge breakout could lead to a bullish phase, with $5 in focus.
Cosmos's native token ATOM has emerged as the top performer in the cryptocurrency market, with its price surging by nearly 10% in the past 24 hours.
Bitcoin (BTC) registered its best week in over a month, with its price up almost 8% as the world's largest cryptocurrency edges towards the $70,000 mark. BTC is currently trading just under $69,000 and has been up almost 1% in the past 24 hours.
Tezos (XTZ) and Chainlink (LINK) exhibit similar price and trading volume trends. Chainlink (LINK) shows promise but remains far from its 2021 peak.
Polkadot ($DOT) has recovered to move past $4.50, gaining over 3% during the current session. $DOT is coming off a bullish week, pushing above the 20 and 50-day SMAs.
Polkadot (DOT) is currently attracting attention within the cryptocurrency market as it exhibits characteristics similar to its historic performance in 2020. Following a period of accumulation and positive sentiment, DOT is showing signs of a potential rally, prompting traders to consider its future trajectory.
Polkadot (DOT) has made a substantial recovery over the past couple of sessions, having pushed above the 20 and 50-day SMAs. It is currently trading around the $4.40 mark.
Polkadot (DOT) is currently navigating a tricky phase, with recent market trends suggesting a short-term setback for the cryptocurrency. After a slight decline, traders seem to be holding out for more favorable conditions before re-entering the market.
Polkadot's positive sentiment leaves analysts eyeing another DOT rally after accumulation.
Polkadot (DOT) has made a modest recovery during the ongoing session and is currently up by almost 1.50% as it looks to push above the moving averages and chart a path back to $4.50.
DOT will likely decline as investors wait for more favorable conditions before re-entering the market.
Tezos Spotlight hosted a dynamic digital art event in London, gathering artists and tech enthusiasts to explore blockchain's role in art. The event featured diverse artworks and insightful discussions.
The developer of interconnected blockchain network Cosmos (ATOM) is warning that the Liquid Staking Module (LSM) of the Cosmos Hub poses serious security risks.
Cosmos blockchain network, researchers have identified potential vulnerabilities within its liquid staking module (LSM), allegedly linked to code injections by North Korean hackers. This alarming development raises questions about the security and integrity of Cosmos, particularly its capacity to protect user funds.
Polkadot (DOT) continues to decline during the current session and has slipped below the 20 and 50-day SMAs. The price has been down by just over 3% in the past 24 hours and is currently trading around $4.21.
Polkadot (DOT) has seen a remarkable resurgence in the cryptocurrency market over the past week, prompting many analysts and investors to speculate about its future trajectory. After reaching a low of $3.90, DOT has rallied impressively, experiencing a surge of 12.82% recently.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
The Cosmos co-founder attributed the oversight to "gross negligence" by validator hosting firm Iqlusion and its leader, Zaki Manian.
Polkadot (DOT) stalled at $4.50 yet again, falling back in the red during the ongoing session. DOT is currently down by almost 4%, although it is up by almost 6% if we look at the previous 7 days.
Cosmos co-founder Jae Kwon urges for accountability and a comprehensive audit of the LSM after alarming security revelations about North Korean ties.
Analysts suggest that new AI-powered altcoins could offer even greater returns, possibly up to 30 times the investment.
Cosmos developers are taking action to remove the Liquid Staking Module (LSM) from the Cosmos Hub after revelations linked its creation to North Korean agents. Earlier today, blockchain development company All in Bits (AiB) issued an emergency alert, highlighting significant security vulnerabilities within the LSM.
Polkadot (DOT) has seen a price increase in the daily timeframe as the crypto market soars. Some market watchers suggested the cryptocurrency is gearing up for a breakout, setting new targets for the short and mid-term timeframes.
Concerns over the security of the Cosmos Hub's Liquid Staking Module (LSM) have intensified following revelations that North Korean developers were allegedly involved in its creation.
The Cosmos Hub liquid staking module (LSM) may still contain vulnerabilities, even after an alleged re-write, due to the involvement of North Korean hackers posing as project team members.
Concerns over the security of Cosmos Hub's Liquid Staking Module have intensified following revelations that North Korean agents allegedly played a key role in its development.
Cosmos founder Jae Kwon called for the Cosmos governance community to immediately conduct a comprehensive audit of the LSM.
Polkadot (DOT) is currently navigating a challenging market landscape, struggling to break through a significant resistance level at $4.27. Despite this, several indicators suggest that a breakout may soon be on the horizon.
Polkadot has experienced a significant comeback over the past week, leaving analysts eyeing a 357.67% rally to $20.
Polkadot (DOT) has made a strong recovery since dropping to a day low of $3.95 on Thursday and has started the current week on a very bullish note, surging past the 20 and 50-day SMAs.
As the altcoin market makes a comeback, with Bitcoin momentarily crossing above the $66,000 level, Polkadot and Fantom are gaining momentum. FTM and DOT are ranking among the top performers with a breakout and a trend reversal rally.
Polkadot's native token, (DOT), may be positioning itself for a major breakout, following a similar price trend seen in Fantom. However, Popular crypto analyst Ali Martinez suggests that if this trend holds, Polkadot could first rally to $9.7. After a brief pullback to $6.7, Martinez suggests DOT could even break out to an impressive $20.
There is a high number of DOT long traders on Binance with a long/short ratio of 4.37.