Polkadot

Polkadot could introduce ‘common good’ parachains with DOT-based smart contracts

As Polkadot (DOT) gets ready to launch parachain auctions, a combined fundraising and market interest discovery mechanism, the team is realizing that some core features may be ill-suited for the auction mechanism. Polkadot parachains are somewhat analogous to the sharding proposal for Ethereum 2.0. Each parachain is a largely independent blockchain built for a particular …

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Price analysis 2/22: BTC, ETH, BNB, DOT, ADA, XRP, LTC, LINK, BCH, XLM

Every uptrend witnesses periodic bouts of profit-booking as short-term traders tend to unwind positions either on adverse news or at critical technical resistance levels. This occurred with Bitcoin (BTC) today as the price momentarily dropped below $48,000 and traders scrambled to close or top up positions before being liquidated. Elon Musk’s tweet on Feb. 20 …

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Polkadot (DOT) gains 42% ahead of its long-awaited parachain auctions

In the early hours of Feb. 20 Polkadot (DOT) trading volume began to see a significant increase which helped propel the multichain protocol to a new all-time high of $42.28.  Data from Cointelegraph Markets and TradingView shows that DOT hit a swing low at $29.36 on Feb.19 before experiencing a 44% breakout which took the …

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Price analysis 2/19: BTC, ETH, BNB, DOT, ADA, XRP, LTC, LINK, BCH, XLM

Bitcoin (BTC) price finally reached a $1 trillion market capitalization on Feb.19, which is an important milestone because as BTC gains size, the digital asset will continue to attract new institutional investors who will consider allocating a portion to their portfolios. Glassnode data suggests that high-net-worth individuals are continuing to pump money into Bitcoin. The number …

Price analysis 2/19: BTC, ETH, BNB, DOT, ADA, XRP, LTC, LINK, BCH, XLM Read More »

Price analysis 2/17: BTC, ETH, DOT, ADA, XRP, BNB, LTC, BCH, LINK, XLM

Bitcoin (BTC) is gradually gaining ground on gold, the traditional store of value. Data shows that one ounce of gold can only buy 0.0352 Bitcoin as of Feb. 17, the lowest amount of BTC eve. This shows that Bitcoin has been rewarding its investors much more than gold.  Bitcoin has massively outperformed gold over various …

Price analysis 2/17: BTC, ETH, DOT, ADA, XRP, BNB, LTC, BCH, LINK, XLM Read More »

Polkadot Lays Out Its Plans for Parachain Rollout as the Token’s Price Climbs

<div class=”featured_image_container”> </div> <strong>The price of Polkadot’s native token hit an all-time high (ATH) this week, soaring above $30, as the company laid out the next steps of its plans and the systems to finalize the network launch.</strong> Polkadot Roadmap Outlines Layer 0 Deployment Initiatives Polkadot released a roadmap highlighting that it is currently in …

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Kasuma (KSM) price jumps 70% ahead of the upcoming parachain auctions

Kusama (KSM) price underwent a strong 70% breakout on Feb.15 as excitement continues to build for the Kusama and Polkadot (DOT) ecosystems ahead of the upcoming parachain auctions.  Kasuma price soars 70% Data from Cointelegraph Markets and TradingView shows that KSM rose from $134 to a peak at $236 in the early hours of Feb.16 …

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Price analysis 2/15: BTC, ETH, ADA, XRP, DOT, BNB, LTC, BCH, LINK, XLM

A large part of the current crypto bull run has been driven by institutional demand. But for the first time, the institutions may be stepping back. According to CryptoQuant, the Coinbase Premium Index, the difference in Bitcoin’s (BTC) price on Coinbase Pro and Binance, has turned negative, which suggests that pro traders may be taking …

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Cardano approaches a new major upgrade as ADA posts an inspired rally

The Cardano Foundation’s coin ADA, hit its all-time high of $0.97 on Feb. 12, having started the year trading at $0.18, thus entailing 438% gains year to date. Apart from the macro trends in the cryptocurrency industry driving up the price of flagship assets, such as Bitcoin (BTC) and Ether (ETH) translating to other altcoins, …

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Top 5 cryptocurrencies to watch this week: BTC, DOT, LINK, XLM, THETA

Bitcoin (BTC) has attracted several institutional investors in the past few months, but with the market capitalization sustaining above $700 billion, many more institutions are likely to contemplate buying Bitcoin. Similarly, Ether (ETH) with a market cap of about $180 billion also cannot be ignored by the investors.  The institutional adoption of the top two …

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