Polkadot

Polkadot is a protocol that enables cross-blockchain transfers of any type of data or asset. 

By uniting multiple blockchains, Polkadot aims to achieve high degrees of security and scalability. 

DOT serves as the protocol’s governance token and can be used for staking to secure the network or to connect (“bond”) new chains.

Polkadot's (CRYPTO: DOT) price has increased 4.9% over the past 24 hours to $39.01, which is in the opposite direction of its trend over the past week, where it has experienced a 5.0% loss, moving from $41.15 to its current price. As it stands right now, the coin's all-time high is $54.98.

Cryptocurrency Polkadot's Price Increased More Than 4% Within 24 hours

Quick Take Polkadot is an open-source cloud computing platform that enables cross-chain transfers of data or assets, without being solely limited to token transfers The Substrate blockchain is used by developers to catalyze the building and launching of Polkadot compatible projects and dApps The actual workings of Polkadot function through the implementation of a Relay Chain, Parachains, Parathreads, and bridges The network contains a native DOT token which plays a substantial role in Polkadot's governance and staking and bonding features The Block has identified 236 projects and tokens across 19 verticals within the Polkadot ecosystem

Mapping out the Polkadot ecosystem

Bitcoin

Ethereum

Solana

Leading digital asset manager CoinShares says institutional investors have a strong appetite for Bitcoin (BTC) and three leading smart contract platforms. According to the firm, the overall crypto market correction has left investors hungry for more. “Digital asset investment products saw inflows of US$306m last week suggesting [a] continued appetite for digital assets.” As usual, […] The post Bitcoin, Ethereum and Two Smart Contract Competitors Are the Winners Among Institutional Investors, According to Crypto Asset Manager CoinShares appeared first on The Daily Hodl.

Bitcoin, Ethereum and Two Smart Contract Competitors Are the Winners Among Institutional Investors, According to Crypto Asset Manager CoinShares

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CryptoCodex: Bitcoin And Crypto Market Rebound Powered By Ethereum, Solana And Polkadot

A popular crypto strategist and trader is mapping out the levels where Polkadot, The Sandbox and three other low-cap altcoins could bounce and potentially carve out bottoms. The crypto analyst known in the industry as Altcoin Sherpa tells his 152,600 Twitter followers that interoperable blockchain Polkadot (DOT) might see an influx of demand once it […] The post Here's What's Next for Polkadot, The Sandbox and Three Low-Cap Altcoins, According to Crypto Analyst appeared first on The Daily Hodl.

Here's What's Next for Polkadot, The Sandbox and Three Low-Cap Altcoins, According to Crypto Analyst

The price of Polkadot (DOT) has continued to fall as the cryptocurrency has hit a low of $34. A further decline is likely as sellers push the altcoin to the low of $32 before it starts to move up again.

Polkadot is Deeply in the Oversold Region as Buyers Defend Current Support

Avalanche

Terra

Real Vision founder and chief executive Raoul Pal is updating his followers on his favorite altcoins outside of Ethereum (ETH). Pal, a vocal Ethereum bull, tells his 795,200 Twitter followers that ETH competitor and smart contract platform Solana (SOL) is one of his favorite altcoins. Solana's native token SOL, the fifth-ranked crypto asset by market […] The post Raoul Pal Details Four Favorite Altcoins After Bitcoin and Ethereum, Outlines ‘Most Important' Chart in Crypto appeared first on The Daily Hodl.

Raoul Pal Details Four Favorite Altcoins After Bitcoin and Ethereum, Outlines ‘Most Important' Chart in Crypto

CEO Steiner stepped away earlier this year after running the company since 2015, a Parity representative confirmed.

Jutta Steiner Leaves Polkadot Builder Parity Technologies

The newest addition to the algorithmic stablecoin market, SORA Network's XST is based on Polkadot technology and is backed by an algorithm that guarantees the token's value. Synthetic assets derive value from smart contracts that determine current prices, rather than the value of fiat currency.

The Rise Of Decentralized Money On Polkadot - New Algorithmic Stablecoin Launches On SORA

Over the past 24 hours, Polkadot's (CRYPTO: DOT) price has fallen 4.98% to $39.43. This continues its negative trend over the past week where it has experienced a 7.0% loss, moving from $42.74 to its current price.

Cryptocurrency Polkadot Down More Than 4% Within 24 hours

Macro guru Raoul Pal says he remains very bullish on Bitcoin, Ethereum and four large-cap altcoins as crypto continues to see adoption on a global scale.  In a new interview on business and entrepreneurial YouTube channel Goko Group, Pal says he expects the total crypto market to rise 100x in the coming years on the […] The post Bitcoin, Ethereum and Four Altcoins Witnessing Mass Adoption As Crypto Market Targets $200,000,000,000,000 Market Cap, Says Macro Guru Raoul Pal appeared first on The Daily Hodl.

Bitcoin, Ethereum and Four Altcoins Witnessing Mass Adoption As Crypto Market Targets $200,000,000,000,000 Market Cap, Says Macro Guru Raoul Pal

Today, the price of Polkadot (DOT) fell to the low of $37 after falling below the moving averages. If the price breaks below the moving averages, there is a tendency for the price to move down further.

Polkadot Reaches Bearish Exhaustion, Consolidates Above $39 Support

Polkadot creator (and Ethereum co-founder) Gavin Wood says Ethereum is actually closer to Bitcoin than many of its adherents would freely admit.

Polkadot Chief Promises Freedom From Ethereum's ‘Economic Enslavement'

Parachain auctions saw almost $3.5 billion collected by 10 hopefuls, with Acala edging out Moonbeam for the first slot.

Acala Wins First Polkadot Parachain Auction With $1.3B in DOT Committed

Over the past 24 hours, Polkadot's (CRYPTO: DOT) price has fallen 8.21% to $42.75. This continues its negative trend over the past week where it has experienced a 20.0% loss, moving from $51.96 to its current price.

Polkadot Falls More Than 8% In 24 hours

A closely followed crypto analyst and trader says that Polkadot (DOT) is primed to hit the stratosphere and that bullish continuation is in store another altcoin. The pseudonymous trader known in the industry as Capo tells his 201,300 Twitter followers that interoperable blockchain Polkadot is ready to take off after converting resistance at $46 into […] The post Top Crypto Analyst Says Monster Rally in Sight for Polkadot, Predicts Bullish Continuation for One Low-Cap Altcoin appeared first on The Daily Hodl.

Top Crypto Analyst Says Monster Rally in Sight for Polkadot, Predicts Bullish Continuation for One Low-Cap Altcoin

Polkadot's (CRYPTO: DOT) price has decreased 7.27% over the past 24 hours to $45.25, continuing its downward trend over the past week of -10.0%, moving from $51.56 to its current price.

Polkadot Down More Than 7% Within 24 hours

Today, the price of Polkadot (DOT) continued its downward movement after falling below its 21-day moving average. The bearish momentum continues as the price hits the 50-day moving average.

Polkadot Slumps as It Faces Stiff Resistance at $55

Acala is likely to win the first Polkadot parachain slot in the auction process beginning Thursday.

Polkadot DeFi Darling Acala Has Gathered Over $600M and Counting

Over the past 24 hours, Polkadot's (CRYPTO: DOT) price has fallen 4.8% to $51.26. This continues its negative trend over the past week where it has experienced a 1.0% loss, moving from $51.85 to its current price.

Polkadot Down More Than 4% Within 24 hours

A highly anticipated Polkadot-based project went soaring after crypto exchange Binance announced plans to list the token. Moonriver (MOVR) is a smart contract platform that features complete Ethereum compatibility. The project aims to make it easy to use popular developer tools to build or redeploy projects based on the Solidity programming language. It utilizes the Ethereum […] The post Small-Cap Altcoin Built on Polkadot Spikes After Earning Support From Crypto Giant Binance appeared first on The Daily Hodl.

Small-Cap Altcoin Built on Polkadot Spikes After Earning Support From Crypto Giant Binance

It's been a relatively slow news cycle for Bitcoin this week.

This Week in Coins: Bitcoin Cools Off While Solana, Polkadot and Ethereum Rally to All-Time Highs

Today, the price of Polkadot (DOT) is in slight resistance after rising to a high of $54. The cryptocurrency rallied and reached an overbought region. The recovery became necessary as the altcoin was held below the $46 resistance for two weeks.

Polkadot Retraces from Recent High, May Slide to $49 Low

Cardano

Ethereum (CRYPTO: ETH) has soared over 500% so far this year buoyed by Decentralized Finance or DeFi, smart contracts, and non fungible tokens or NFTs, but similar traction has been seen in Cardano (CRYPTO: ADA) and Sol

Ethereum Vs. Polkadot Vs. Cardano Vs. Solana: Which Blockchain Platform's Crypto Is Winning Out This Year?

Fantom

Tezos

Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding In the burgeoning DeFi ecosystems on L1s today, governance and funding decisions can have an outsized impact on the future of these new, competitive landscapes This week, we take a look at Polkadot, Avalanche, Fantom, and Tezos

News for Polkadot Crypto (DOT)