Polkadot

Polkadot has been undergoing a prolonged corrective consolidation around the critical $6.5 support level, with the price retracing slightly toward the 100-day moving average. However, the short-term expectation is to continue this corrective consolidation phase. Polkadot Price Analysis: Technicals By Shayan The Daily Chart A comprehensive analysis of the daily chart shows a swift rebound near the pivotal support level of $6.5, with the price exhibiting a minor bullish retracement. This suggests a lack of significant market activity and momentum,…

Well-known analyst CryptoYoddha foresees Polkadot (DOT) rising above its current price to new highs. Meanwhile, Bitcoin Cash (BCH) spiked 252% in the year-to-date (YTD) chart, positioning altcoin among the biggest gainers on the market. Against this backdrop, Rollblock(RBLK), a presale-stage project, has transcended the traditional online casino framework with an unparalleled online gambling experience. Crypto Analyst CryptoYoddha Polkadot Price Prediction Polkadot price on the year-to-date (YTD) chart has seen a marginal decline, dropping by 1%. However, crypto expert CryptoYoddha highlighted…

[PRESS RELEASE – Zug, SWITZERLAND, April 25th, 2024] Velocity Labs is proud to announce a fiat to crypto onramp using Ramp Network through the integration of Asset Hub. Through it, Ramp will be able to service any parachain in the Polkadot ecosystem. Onramps from fiat to crypto have historically been one of the biggest pain points with regard to DeFi accessibility. Thanks to the tireless builders who identified this issue early on, and have been working with regulators, credit card…

Polkadot’s recent price movement has seen it finding support from the crucial 200-day moving average, prompting a bullish retracement. However, despite this upward trajectory, the cryptocurrency faces several critical resistance levels ahead, casting doubt on the sustainability of the bullish retracement. Technical Analysis By Shayan The Daily Chart A thorough daily chart analysis reveals a modest bullish reversal near the key 200-day moving average of $7, following a quick decline in Polkadot’s price. However, the lack of substantial bullish momentum…

Polkadot (DOT), the interoperable blockchain platform designed for connecting different blockchains, is currently caught in a tug-of-war between technical indicators suggesting a potential price dip and bullish predictions from some analysts. Recent price movements paint a somewhat gloomy picture. DOT breached the lower boundary of its ascending trend channel, a technical indicator often interpreted as a sign of weakening momentum. Trading volume also leans bearish, with sellers dominating the market and putting downward pressure on the price. Support seems to…

Polkadot and Kusama are similar blockchain networks that share their core technology and operational mechanisms. However, both networks have very different priorities.  Polkadot is the more conservative of the two, prioritizing stability and dependability. Kusama, on the other hand, is wild and fast and is an excellent platform for early-stage deployment and bold experimentation.  What Is Polkadot?  Polkadot is a highly versatile blockchain network that allows developers to create and launch dApps (decentralized applications) on a quick, versatile, and highly…

Cryptocurrency staking is a process where users are able to temporarily lock their tokens in exchange for a reward, most commonly in the form of interest. Unlike blockchains, which are based on the Proof of Work (PoW) consensus algorithm, like Bitcoin, Polkadot makes use of an algorithm called Nominated Proof of Stake (NPoS). NPoS comes with many intricacies centered around the interoperability of Polkadot’s parachains, which are essentially connected and secured by the main network, also known as the Relay…

This prolonged downturn bedeviling the crypto-verse is affecting even the biggest cryptocurrencies. Ethereum's price has fallen below $3,000, causing investors around the world to look for new investment opportunities. The Fezoo’s Exchange presale is attracting attention, especially from holders of Polkadot and Chainlink. The project has the potential for interesting returns, as well as offering a high-quality, fully-featured platform for traders of all levels. Polkadot down more than 22% in a week, but showing first signs of recovery After a…

The recent runtime upgrade of Polkadot’s mainnet triggered interest in the blockchain community.  Polkadot’s runtime upgrade utilizes Wasm in Substrate, which is powering Polkadot and related chains, to allow runtime updates without hard forks.  The recent runtime upgrade of Polkadot’s mainnet triggered interest in the blockchain community. Nevertheless, the improvement caused an unintended pause in block production across different parachains. Notably, Moonbeam Network, a prominent parachain, confirmed disruptions around 10:UTC on April 21st. Even though the purpose of this upgrade…