With the US Federal Reserve cutting interest rates by 50 basis points on September 18, the crypto market is preparing for an upward thrust. However, a few top altcoins have already surged quite a bit in anticipation of the rate cuts.
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.
All but two assets were trading lower as the index dropped 1.6%
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.
As Bitcoin bulls reemerged to push the flagship digital asset above $61k for the first time in nearly three weeks, a few altcoins basking in upbeat sentiment rocked significant gains. In the top 100 coins by market cap, Immutable (IMX), Celestia (TIA), and Bittensor (TAO) jumped more than 14% each to lead.
Alaska Airlines and Hawaiian Airlines can go through with their planned merger, the U.S. Department of Transportation said Tuesday.
Uniswap (UNI) price appears to be on the cusp of a rebound, with early signs of bullish activity emerging. Recently, the cryptocurrency has faced a downward trend.
The Cross-Chain Liquidity Operator (CCLO) is like a magic bridge that helps Uniswap work better across different blockchain networks. Here's what you need to know about this development for Uniswap and Chainlink.
Uniswap ended its four-year unlocking schedule, while aiming for better UNI utility and the potential to share its significant fees. UNI tokens have been pressured by selling in the past years, but remain bullish for a revival of DeFi and DEX activity.
UNI fully unlocked! But only 25% are in circulation as big holders like a16z wait for a breakout.
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.
Despite full unlocking, only 25.83% of UNI tokens are actively circulating in the market. UNI is trading at $6.47 by 1.945 increase, with a market cap of $3 billion.
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.
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.
A leading decentralized exchange built on the Ethereum blockchain, Uniswap is facing allegations that it accepts bribes to allow protocols on its platform. Hayden Adams, the CEO of Uniswap Labs, has addressed these claims, aiming to clarify the situation and reinforce the platform's commitment to a fair and transparent process.
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.
The crypto market resumes its bounce as sentiment turns bullish ahead of an anticipated rate cut. Kaspa (KAS), one of the week's top altcoin gainers, soared past $0.16 and has been tipped for a rally past $1. As one of the most bullish altcoins, it is a promising wave to take advantage of.
DOT's fortunes might be changing, and soon.
Uniswap Labs CEO Hayden Abrams has refuted claims that the platform charges $20 million for protocol deployments, calling them “completely false.” Abrams, who said he rarely engages with individuals seeking attention, explained that protocol deployments typically follow a governance vote.
Uniswap (UNI) price has recently experienced a surge, reflecting a bullish market trend. The cryptocurrency trades above a crucial support level, indicating a strong momentum shift.
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.
Uniswap (UNI) investors are always on the lookout for the next big opportunity. Recently, many of these investors have turned their attention to the upcoming Mpeppe (MPEPE) gambling ICO, which is being touted as a project with massive growth potential.
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.
Uniswap (UNI) is on the verge of a potential breakout as it trades within an ascending triangle pattern. This technical formation suggests that UNI could be gearing up for a significant price 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.
Uniswap Protocol CEO Hayden Adams challenged allegations that the decentralized cryptocurrency exchange takes bribes to allow deployments on its platform.
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.
A recent controversy surrounding Uniswap's deployment costs erupted on Twitter, where allegations were made against Uniswap's financial dealings with Layer 2 (L2) platforms.
The reaction comes after users took to X to complain about Uniswap asking for as much as $20 million for protocol deployment.
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.
The DEX sector is thriving, as trading volumes hit $140 billion last month, highlighting the appetite for decentralized trading solutions.
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.
Cryptocurrency prices and stock indices retreated slightly after the U.S. published encouraging Consumer Price Index data. Uniswap, ICP, AAVE rise, Bitcoin retreats Bitcoin (BTC) retreated to $56,600, while the total market cap of all cryptocurrencies fell to $2 trillion.
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.
As of September 2024, Uniswap's price stands at $6.53, with a market capitalization of approximately $3.92 billion. The circulating supply of UNI tokens is around 600 million, and its 24-hour trading volume is $100.11 million.
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.