7 Cryptos to Watch as the Fed Becomes the Main Focus
With a critical decision by the Federal Reserve on the line, investors will want to approach cryptos this week with prudence.
Keep up with what's happening in the crypto world in real-time.
With a critical decision by the Federal Reserve on the line, investors will want to approach cryptos this week with prudence.
Polkadot [DOT] outperformed its competitors in terms of development activity. On 21 March, popular Twitter account ProofofGitHub revealed that DOT topped the list of cryptos by daily development activity.
Polkadot (DOT) is lagging behind in terms of its price growth today amid the encompassing growth upsurge that its peers have been charting over the past few days. At the time of writing, Polkadot is down by 4.78% to $6.16 per token, extending its lax upsurge in the week-to-date period, which now comes down to a meager 0.78% gain.
Polkadot price analysis shows a bearish outlook for cryptocurrency today after the DOT/USD pair dropped to $6.15 after hitting a high of $6.48 the previous day. The market sentiment is bearish as the price has broken out from the ascending triangle pattern, which had been in play for several days.
Polkadot is up 10% for the week according to CMC data. This comes as the network now leads in developer activity ahead of rivals Ethereum and Cardano.
Given that the bears made a return today, the price is once again moving downward as per the Polkadot price analysis. Due to their recent string of victories, the bulls had been in the lead.
The Polkadot price has risen by almost 8% over the past week. At press time, DOT, the native token of Polkadot, was trading at $6.46, starting the week with slight price movement after a relatively active week.
The Polkadot price has risen by almost 8% over the past week. At press time, DOT, the native token of Polkadot, was trading at $6.46, starting the week with slight price movement after a relatively active week.
Compared to chains like Ethereum [ETH], Polkadot's [DOT] rate of development activity remained high over the last week. While this may not imply much on its own, it may provide insight into the future of both DOT and the Polkadot, when combined with other indicators.
Compared to chains like Ethereum [ETH], Polkadot's [DOT] rate of development activity remained high over the last week. While this may not imply much on its own, it may provide insight into the future of both DOT and the Polkadot, when combined with other indicators.
The latest Polkadot price analysis shows that the digital asset has been rising steadily over the past few days, buoyed by a surge in buying pressure. The DOT/USD pair is currently trading at $6.55, up 1.33% on the day.
Polkadot, of late, has sided with the bulls. The coin registered an almost 17% hike over the last seven days.
Polkadot's native cryptocurrency DOT just concluded a bullish week during which it trailed the top cryptocurrencies. Despite that, its native network has not had much going for it this month.
Although China hasn't been much welcoming to cryptocurrencies since its ruling of a blanket ban on digital assets back in late 2021, certain Chinese crypto coins experienced a significant rally back in February of this year. While the country's central bank is currently pushing for a quicker recovery from the pandemic-induced slump, it's possible that The post Why Chinese Crypto Coins May Skyrocket In Coming Weeks?
Could the collapse of traditional finance rails be a good thing for major cryptos?
Bitcoin has risen above $25,000 and if bulls flip this level into support during the next pullback, it will signal the start of a new up-move to $32,000.
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Polkadot. Ethereum (ETH) This week, the market sentiment completely shifted, with bulls taking full control of the price action.
What is happening in the cryptocurrency market? How are the coins reacting to the collapse of Silicon Valley Bank? Below are all the answers.
Polkadot price noted a fresh decline on its one-day chart. The price of the altcoin has moved closer to its crucial support line in the same time frame.
Credit Suisse has pulled the U.S. equities markets lower, but a positive sign is that Bitcoin and select altcoins are holding near their local highs.
Over the last two and half months, a majority of major cryptocurrencies have showcased a bullish rally in January, followed by a February correction, and started a recovery phase in March. This three-phase of price behavior indicates an uptrend sentiment where the market participants are accumulating at dip opportunities.
The Spacewalk bridge is already live on Polkadot's canary network Kusama and will go live on Polkadot's mainnet in two-three weeks.
Polkadot is one blockchain that we haven't recently associated in the entertainment and sports coverage here at Bitcoinist.
Lido DAO (LDO), the utility token of the leading liquid staking solution for Ethereum (ETH), Lido Finance, has witnessed a