Bitcoin has overcome the recent price dip beneath $11,300 and currently hovers around $11,400. Most alternative coins have displayed relatively strong performances and the total market cap increased over the weekend. Bitcoin Back To $11,400 Bitcoin traded around $11,350 yesterday after a calm 24-hour period despite potentially impactful news coming from the popular cryptocurrency exchange...Read More
Polkadot is one of the biggest cryptocurrency projects, currently ranked eight in terms of total market capitalization. Now, the team has revealed that trustless wrapped Bitcoin will come to its ecosystem in early 2021 through Interlay – a framework designated to allow permissioned and permissionless blockchains to connect and interact. Polkadot’s BTC-Relay Effort Known as...Read More
Bitcoin touched $11,726 hours after the Governor of the Bank of England stated that it was hard to see Bitcoin have “intrinsic value”, although he conceded it might have extrinsic value. Source: CoinStats The bullishness of Bitcoin as it set higher lows in recent days could propel the altcoin market upward. Polkadot lacked the momentum...Read More
In an official announcement earlier today, popular exchange KuCoin revealed that it will be launching USDT-Margined Polkadot (DOT) and EOS (EOS) Perpetual Futures at 16:00:00 on 12 October 2020 (UTC+8), supporting 1-50x leverage. Polkadot, an open-source project founded by the Web3 Foundation, is a sharded protocol that enables blockchain networks to operate together. After its...Read More
Following yesterday’s announcement that Square has purchased $50 million worth of Bitcoin, the asset has reacted with a significant price jump to $10,900. Most altcoins have followed suit and the cryptocurrency market cap has increased by $12 billion. Bitcoin To $10,900 Due To Square? Bitcoin was in a bit of a pickle in the past...Read More
Polkadot has released a fully detailed explanation of its new IPO (Initial Parachain Offering) model and how it’s going to work. This is the first time the project has gone in-depth about the process, and it’s also the first time they are officially discussing it as teams are preparing for the launch. In an official...Read More
Bitcoin Over the past seven days, Bitcoin dropped by a total of 2% as it currently trades around the $10,500 level. The week was pretty interesting after it rebounded from a 6-month-old rising trend line last week. After bouncing, it continued higher to reach as high as $10,900 at the start of October. Unfortunately, Bitcoin...Read More
The token powers a cross-chain DEX called Polkastarter, which was launched in Uniswap yesterday, Sept. 29. The platform was announced earlier this month when it was touted another Ethereum killing interoperable DeFi protocol powered by the high-throughput Polkadot ecosystem. POLS Volume Surges Today’s announcement has focused on the volumes of the new POLS token, which...Read More
Bitcoin Bitcoin saw a positive 6% price increase this week as it edges its way toward the $11,000 level. The cryptocurrency was trading within a symmetrical triangle pattern last week after consolidating prior for 10-days. This symmetrical triangle broke over the weekend – providing the first signal that BTC was about to push higher. After...Read More
Months following the launch of its mainnet, Polkadot has established a new decentralized platform to fund projects. Called the Polkadot Treasury, it will be run by Council members elected by the community. The Treasury represents a pot of funds collected through transaction fees, slashing, and staking inefficiencies. Polkadot Treasury Established In a press release shared...Read More
The decentralized data network Bluezelle is working closely with the Web3 Foundation in order to further its services and provide them to the Polkadot Ecosystem. This will supposedly deliver distributed storage solutions to projects that are building on top of Polkadot’s Substrate framework. Bluezelle Enters Polkadot Ecosystem According to a press release shared with CryptoPotato, the...Read More
Swisscom Blockchain will begin work on a cloud-based security layer for Polkadot after it was awarded a development grant by the Web3 Foundation. The security solution will focus on providing an extra layer of security for users who stake coins on Polkadot’s Proof-of-Stake (PoS) network. Swisscom Awarded Web3 Foundation Grant The Web3 Foundation oversees the...Read More
It seems that the pressure continues on global markets as major US indices such as the S&P 500, Nasdaq, and the Dow Jones Industrial Average, all took a nosedive following the market’s open today. Bitcoin continues to correlate with stocks and also dived to a low of $9,875 on Binance. The prices have since recovered...Read More
Bitcoin continues to improve its position slowly and is currently hovering above $11,900. However, double- and even triple-digit price pumps from lower-cap alts continue to decrease BTC’s dominance to a yearly low of beneath 57%. 2-Year High For ETH, Sushi Enters Top 100 Ethereum doubles-down on its recent price pump with another 10% increase. ETH...Read More
Polkadot has quickly gone up the ranks and became one of the biggest cryptocurrency projects. Its native token DOT was recently denominated at a 1:100 ratio. After the event, early Polkadot investors can benefit from a nearly 2,000% ROI. This became possible following the latest company developments, mainnet launch news, and DOT listings on several...Read More
Bitcoin had a rather unproductive week of trading as it declined from about $17,750 to where it’s currently at $11,500, losing about 2% in the process. However, the last seven days were not without their highlights. Just yesterday, the US Federal Reserve’s Chairman, Jerome Powell, announced a historic shift in the institution’s approach towards inflation...Read More
The last couple of weeks have been nothing short of intense on the cryptocurrency market. For the first time since 2016, an altcoin flipped Bitcoin’s price as YFI traded above 1 BTC. Polkadot (DOT) is currently all the rage as all eyes are turned on the project and its native cryptocurrency. Data from CoinGecko suggests...Read More
Bitcoin Bitcoin saw a small 4% price drop this week as it headed into the $11,300 support (downside 1.272 Fib Extension). During the week, the coin broke beneath the August rising trend line. The bulls attempted to recover, but the previous support flipped into resistance and the buyers failed to overcome it. On Tuesday, Bitcoin...Read More
Despite Bitcoin’s tumultuous performance following an announcement of the US Federal Reserve regarding its new approach to average inflation targeting, the cryptocurrency has managed to stabilize around $11,400 where it’s currently trading at. Elsewhere, Chainlink and Polkadot are both in red but LINK has returned to the top 5 coins by market cap. Bitcoin Spikes...Read More
Polkadot is growing in popularity, and this has been thoroughly reflected in its price. In a matter of days, the project managed to occupy the 6th spot of the top 10 largest cryptocurrencies, boasting a total market cap upwards of $1.05 billion. Now, a team of developers has announced that it’s building a trustless general-purpose...Read More
The cryptocurrency market has lost $20 billion from its market capitalization, as the majority of cryptos in the red over the past 24 hours. Bitcoin’s current weekly low is at $11,100, while Ethereum reached the target of $370 as predicted by CryptoPotato. The giant blockchain, Polkadot, is trading around $5.40 after the DOT token was...Read More
Bitcoin and most large-cap altcoins have recovered from yesterday’s price dives. However, most altcoins are still far from their last week’s all-time highs. Bitcoin Back To $11,600 The largest cryptocurrency by market cap dipped to the $11,400 support following another unsuccessful attempt to reclaim $12,000. The nosedive seemed somewhat steep, and speculations rose that BTC...Read More
Early traders of Polkadot’s new DOT token have come in for an unfortunate surprise, as two prominent exchanges decided to list the token ahead of its “redenomination” despite warnings from the project. The redenomination, due to take place on August 21, will see the new DOT denominated at one-hundredth of the value of the DOT...Read More
Pantera Capital, a hedge fund and investment company have invested in Polkadot and at minimum three other initiatives which are focused on scalability. Other projects adopted by Pantera are Origin, BloXroute, and Filecoin. The purpose of the collaboration is to find lasting solutions to major scalability problems being confronted within the crypto ecosystem, and all...Read More
Pantera CEO, Dan Morehead, highlighted 4 upcoming projects to research blockchain scalability and interoperability in their newsletter. They aim to spark further adoption and use-cases of blockchain technology. Progress in blockchain technology is often taken for granted, while developers work every day toward removing bottlenecks holding back mass adoption and scalability. Using decentralization against legacy...Read More
