The cryptocurrency markets continued their recent uptick, with major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), and Toncoin (TON), in the green.
Polkadot (DOT), a leading player in the Web3 space, is showing early signs of recovery after recent declines. With a series of technical and liquidity indicators pointing to potential gains, many investors are eyeing the $4.25 mark as a possible target.
Polkadot recently bounced off the $4 support zone but has struggled to maintain upward momentum. As of now, it appears to be headed back toward this critical level, making it an important focal point for traders.
Bitcoin (BTC) is back above $60,000 after registering an increase of over 3% in the past 24 hours as optimism around a Fed rate cut grew. Other cryptocurrencies, including Ethereum (ETH), Uniswap (UNI), FET, SUI, Aptos (APT), and Bittensor (TAO), registered notable gains.
DOT shows potential for higher prices amid bullish indicators and liquidity dynamics.
PEPE, Polkadot, ImmutableX, and Bittensor stand out amid a heightened focus on the Federal Reserve meeting and persistent fear within the crypto fear and greed index. A detailed look into individual cryptocurrencies reveals intriguing trends and future price predictions. PEPE price paints a bullish setup Currently trading at $0.
Alaska Airlines and Hawaiian Airlines can go through with their planned merger, the U.S. Department of Transportation said Tuesday.
BTC has struggled with adverse market conditions and a challenging environment, failing to regain momentum and trading largely between $53,000 and $60,000 for several weeks. BTC's failure to hold on to $60,000 indicates demand is drying up at higher levels, with investor hesitation peaking.
The liquidity pocket near $5 is the most likely short-term price target for Polkadot.
The transformation of Polkadot's Ambassador program reflects a move towards greater community involvement. Previously managed centrally, the program now empowers Polkadot's community to vote for ambassadors who will champion the platform's growth.
Market downturn pushes traders towards stablecoins as Bitcoin breaches critical support, impacting the broader altcoin market.
Bitcoin (BTC) saw considerable fluctuations over the weekend. It briefly pushed above $60,000 as market sentiment showed signs of shifting, resulting in a temporary jump of 6%.
Polkadot's relaunched Ambassador program lets the community elect its representatives. In this interview, we speak with William, one of the newly elected Head Ambassadors focused on driving enterprise adoption, who shares his insights and vision for the ecosystem's growth.
After weeks of uncertainty and inability to maintain its support at $4.50, Polkadot ($DOT) looks to close the week well in the green. $DOT is up 9% in the seven-day charts, currently trading for $4.53.
Polkadot (DOT) stalled after encountering resistance at $4.50 and is down almost 1% during the current session as sellers look to drive it below the 20-day SMA.
DOT's fortunes might be changing, and soon.
Cryptonews Podcast host Matt Zahab sat down for an exclusive interview with Bill Laboon, the Director of Education and Governance Initiatives at the Web3 Foundation, a not-for-profit entity supporting the Polkadot ecosystem.
Bitcoin (BTC) saw a brief foray above $58,000 on Thursday following the release of US inflation data and Federal Reserve rate cut bets. US consumer prices bumped up slightly in August, but core inflation remained persistent, with the Core Consumer Price Index increasing by 0.28%, compared to an anticipated 0.2% increase.
Polkadot (DOT) has been on a troubling downward trajectory, hitting a 12-month low and struggling to gain traction despite recent signs of potential recovery. As of September 12, 2024, DOT was trading at $4.14, reflecting a significant drop of around 27% from its highs in August.
Kujira and its partner join the Rujira Alliance to create a new DeFi app layer for THORChain.
Polkadot (DOT) is currently navigating a period of heightened volatility, as the cryptocurrency finds itself at a critical juncture in its price action. After showing signs of recovery from its multi-year low, Polkadot's bullish momentum has weakened, with renewed bearish pressure steering its price toward the key support level of $3.5.
In a bid to enhance user experience and reduce confusion, the Bifrost community has put forth a proposal to align its address format with the Polkadot address format.
DOT is still struggling to secure liquidity despite the recent bullish divergence. We explore the reasons behind the lack of enthusiasm.
Polkadot (DOT) is at a crossroads as its recent recovery attempt loses steam, with renewed bearish pressure pushing the price back toward the crucial $3.5 mark. After showing signs of a rebound, DOT's momentum has quickly reversed, casting doubt on its ability to maintain higher levels.
Dune, a platform specializing in onchain analytics, has integrated over 50 parachains from the Polkadot ecosystem, making it a comprehensive data hub for Polkadot's blockchain network.
Dune, a prominent platform for onchain analytics, has expanded its coverage to include over 50 parachains from the Polkadot ecosystem. With this latest integration, Dune has positioned itself as the most comprehensive data hub for Polkadot, providing in-depth insights and real-time analytics across the entire network.
Boston, Massachusetts, 11th September 2024, Chainwire
Boston, Mass, 11th September 2024, Chainwire
Dune will partner with Polkadot to host full data for 50+ parachains. The Polkadot ecosystem has built up a complex hub of apps, though lacking transparency for some of the niche projects.
Bitcoin (BTC) briefly hit $58,000 early in today's session, but selling pressure forced the price back below $57,000. The world's largest cryptocurrency continues to face resistance at upper levels, causing bulls to lose momentum.
Centrifuge, a real-world asset (RWA) solution and a Parachain, has a plan for Polkadot, a smart contracts platform. In a proposal, the RWA platform suggests that the newly created Polkadot Community Foundation allocates $3 million USDC to their T-Bill pool.
TL;DR Kujira merges with major ecosystem projects to form the Rujira Alliance, aiming to expand THORChain's capabilities and reach. Rujira Alliance to revolutionize DeFi by integrating member strengths, enhancing user experience, and providing seamless access to DeFi services. Introduction of a new native token to facilitate transactions and incentivize participation, driving further engagement and investment in THORChain.
Polkadot (DOT) registered an impressive recovery over the weekend after dropping to an intra-day low of $3.82 on Friday, bringing its multi-year support level into focus once again.
DeFi project Kujira merged with three ecosystem partners to create an alliance to build THORChain's app layer, backed by a new token.
The crypto markets slipped into extreme fear over the weekend, with major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), and several others losing considerable ground and dragging the combined crypto market cap below $2 trillion.
Polkadot had yet another tumultuous week. $DOT dropped below its critical support on Friday after the price dropped to $3.82.
Polkadot (DOT) has climbed back above $4 after dipping below the crucial support level on Friday when sellers dragged the price to a low of $3.82.
THORChain recently underwent a hard fork, but it wasn't enough for the bulls to gain control of the market.
TL;DR The major THORChain hard fork took place on September 4, but the price of RUNE has dropped 70% in the past six months. RUNE has dropped 12% in the last 24 hours and continues to decline.
As a result, almost all major US stock indices slipped into the red. Bitcoin (BTC) dropped nearly 4% over the past 24 hours, while gold registered a 1% increase to push back above the $2,500 mark.
Polkadot (DOT), one of the major players in the cryptocurrency market, is currently under significant bearish pressure. The digital asset has been locked in a prolonged downtrend, and recent price movements suggest that the bears are in full control.
THORChain, a cross-chain decentralized exchange using Cosmos technology, successfully conducted a hard fork yesterday, September 4. However, while the update was highly anticipated, sellers still needed to press on, looking at the formation in the daily chart.
Polkadot announces its participation in the Token 2049 event in Singapore, where it will showcase the latest technological advancements and developments in the Polkadot ecosystem.
Polkadot (DOT) is struggling to stay above $4 after it fell back into the red on Tuesday, with buyers losing steam as the price approached $4.50.
Polkadot (DOT) faces strong bearish pressure, but a bounce from the $3.79 support could spark a much-needed recovery.
Polkadot (DOT) has experienced significant volatility this year, with its price fluctuating from a high of $11.889 to its current struggle near the $4.00 mark. As the cryptocurrency hovers around a crucial support level, market participants are increasingly concerned about the possibility of DOT falling below its historical low of $2.00.
Polkadot (DOT) has been experiencing a tough period, struggling to maintain its value against the US Dollar. The cryptocurrency, which once traded comfortably above $6.50, has now sunk below the critical $5.00 level, leaving investors and traders questioning whether DOT can establish a base for recovery or if further declines are imminent.
THORChain price (RUNE) has experienced a noticeable uptick in its value as the broader cryptocurrency market begins to rebound. The price of RUNE is indicating a robust recovery, hinting at positive market dynamics.