Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Polkadot
Polkadot Enhances Decentralization in Ecosystem Growth With the Launch of PolkaPort East in Hong Kong
HK, HK, June 5th, 2024, Chainwire Web3 Foundation, the entity supporting the growth of the Polkadot ecosystem, has awarded a grant to PolkaPort East. The Decentralized Futures (DF) grant is designed to help further decentralize Polkadot while spearheading technical, community, and broader ecosystem adoption. PolkaPort East is an independent entity leading investor relations and growth initiatives for Polkadot centered on Hong Kong and the Greater Bay Area. The DF grant from the Web3 Foundation is the first such award to…
1 year ago
Talisman Wallet Launches Quests App to Gamify Users’ Rewards Experience in Polkadot and Ethereum
New York, United States, June 5th, 2024, Chainwire Talisman, the ultra-secure multi-chain crypto wallet, has today announced the launch of Talisman Quests, a gamified experience designed to drive user engagement and education in the Polkadot ecosystem. Having recently operated in beta, Quests compels crypto users to create a profile and progress through different levels by accumulating experience points (XP) and unlocking rewards. This progression is gamified with twists, turns, and a hidden story that gradually unfolds as users amass more…
1 year ago
Learn Blockchain Development in Singapore with Polkadot Blockchain Academy’s Latest Cohort
Polkadot Blockchain Academy launches its fifth cohort in Singapore on May 20, 2024, focusing on developer talent. Supported by 18 experienced instructors, the program offers 184 lecture hours on blockchain technology and Polkadot. Polkadot Blockchain Academy (PBA) has recently unveiled its fifth cohort in Singapore, set to begin on May 20, 2024. As a prominent entity in blockchain education, PBA’s initiative continues to focus on cultivating developer talent and supporting the growth of the Polkadot ecosystem. This latest installment in…
1 year ago
PolkaPort East Spearheads Polkadot Adoption in Hong Kong with New DF Grant
Web3 Foundation awards first DF grant in Asia to PolkaPort East to promote Polkadot’s decentralization. PolkaPort East focuses on investment relations and growth for Polkadot in Hong Kong’s Greater Bay Area. The Web3 Foundation has granted a Decentralized Futures (DF) award to PolkaPort East, marking the first instance of such a grant in Asia. This grant aims to enhance the decentralization of the Polkadot network and to foster its adoption across various sectors including technology, community involvement, and regional development.…
1 year ago
Polkadot Blockchain Academy Launches Fifth Cohort in Singapore to Nurture Developer Talent
Singapore, Singapore, June 4th, 2024, Chainwire Polkadot Blockchain Academy (PBA) has announced the launch of its highly anticipated fifth cohort in Singapore, commencing on May 20, 2024. A leading institution in blockchain education, PBA aims to nurture developer talent and advance the Polkadot ecosystem. Building on the success of its previous programs, the fifth cohort in Singapore promises to deliver an enriching learning experience for participants. With the support of 18 experienced instructors, students can expect top-tier instruction and personalized…
1 year ago
Polkadot Price Analysis: Will DOT See A Rally Or Steep Decline?
Polkadot (DOT) has managed to stay above $7 after an extremely bearish week that saw the price slip to $6.97 before registering a marginal recovery over the weekend. The current session sees Polkadot (DOT) trading just above $7 as buyers and sellers battle to take control of the session. Can Polkadot (DOT) Break Its Current Pattern Looking at the Polkadot (DOT) price chart, we can see that the asset is range-bound within a rising wedge pattern. This has been the…
1 year ago
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PolkadotIs Polkadot Preparing For A 100% Surge And Spike Above $20?
Polkadot, the interoperable blockchain, remains one of the largest and most popular networks in the top 20. At press time, DOT, the platform’s native currency, is 14th, ahead of Tron and the NEAR Protocol. However, despite recent gains, it is still down 87% from all-time highs, undeniably facing a brutal market correction. Even with this bearish sentiment, a wave of optimism is building around DOT’s future. Taking to X, one analyst thinks not only will the coin shake off weakness…
1 year ago
Polkadot Price Analysis: DOT Holds Above $7 Despite Bearish Week
The Polkadot (DOT) price managed to hold above the crucial $7 level after a bearish week that saw the asset register a sharp decline from $7.63 to $6.97 as sellers took control of the market. Polkadot (DOT) stabilized over the weekend, with buyers entering the market and pushing the price to $7.05 on Saturday. Polkadot (DOT) Stays Above Crucial $7 Mark The Polkadot (DOT) price was in the red for almost all of last week, dropping to $6.97 by Friday.…
1 year ago
Polkadot ($DOT) Price Analysis: $DOT Battles to Hold its $7 Position Following Volatile Week
Polkadot began the week with a volatile session, with the price oscillating between $7.78 and $7.37 before settling at $7.63. A significant drop in the following days in a volatile market sees $DOT currently trading at $7.09. After starting the week positively, $DOT failed to maintain its bullish trend and currently trades at $7.09. Despite losing significant ground during the week, $DOT barely holds above $7. A Battle Between Buyers and Sellers A battle between $DOT buyers and sellers resulted…
1 year ago