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.
AI tokens have surged in popularity, signaling a strong shift in investor focus from memecoins to AI-driven projects.
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.
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.
Amid a crypto market downturn, TRX, THETA, and XTZ face price challenges, despite positive developments.
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.
Story Highlights The live price of Theta Network is THETA price might hit a maximum of $2.40 in 2024. Theta coin price could hit $13.88 by 2030. Theta Network is an innovative platform that aims to work for the streaming sector. By providing technical and economic solutions for decentralized video streaming.
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.
Some of the altcoins that performed well in the last crypto bull market are still languishing, at a stage that is probably more than halfway through the current bull market. $INJ, $THETA, and $FTM are three altcoins that need to start proving themselves, or face a torrid bear market.
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.
Crypto exchange NoOnes bucks regulatory crackdown on privacy coins, adding Monero, Zcash to its platform.
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.
While Ethereum developers are working hard to develop on-chain scaling solutions, including Sharding, layer-2s is picking up steam. According to L2Beat, as of September 6, all these layer-2 scaling solutions managed nearly $34 billion.
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.
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.
Theta Labs has signed a multi-year agreement with Seoul Women's University to provide its AI research lab access to Theta EdgeCloud's decentralized GPU computing power. As stated in a press release shared with crypto.
Investors poured $61 billion into cash-like money market funds in the week to Wednesday, as they braced for the Federal Reserve to cut interest rates for the first time in four years, Bank of America said on Friday.
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.
DASH's price action and the Open Interest trends of the past week show bearish short-term expectations.
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.
TL;DR Nvidia Subpoenaed: The U.S. Department of Justice issued a subpoena to Nvidia on September 3, sparking market turmoil and significant losses in AI-related tokens. Market Impact: Nvidia's shares dropped by 8.3% this week, while AI tokens fell by an average of 7.1%, outpacing declines in major cryptocurrencies like Bitcoin and Ethereum.
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.