Polkadot: Assessing the chances of a 10% price bounce this week
The liquidity pocket near $5 is the most likely short-term price target for Polkadot.
Keep up with what's happening in the crypto world in real-time.
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.
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.
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.
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.
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.