Will The DOT Rise? Polkadot Price Anticipation Heats Up With ETF Talk
The winds of change might be blowing for Polkadot (DOT), a popular blockchain network for connecting different blockchains. After a rough couple of months marked by a nearly 50% price decline from its April peak, DOT is exhibiting signs of a potential resurgence. This positive outlook stems from a confluence of three key factors: whispers of a DOT-focused exchange-traded fund (ETF) on Coinbase, a bullish technical chart pattern, and healthy levels of liquidity in the market. Related Reading: $2.4 Billion Worth Of Bitcoin Exit The Network As Bear Market Bites ETF Buzz Ignites Investor....
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As Polkadot’s vision of a decentralized web advances, the integrations of KILT Protocol and the fintech platform Current are adding new utility layers across the blockchain’s ecosystem, helping tear down the existing barriers between Web 2.0 and 3.0. Value-Driven Integrations to Overcome Traditional Digital Obstacles As excitement over Polkadot’s forthcoming launch heats up, more players are joining the ecosystem with novel solutions for how Web 3.0 can add incremental value for users in a manner that puts them in the driver’s seat. It is evident that the....
Brazil-based cryptocurrency asset management platform, Hashdex has applied for the approval of a dual ETF, consisting of both Bitcoin and TH, the world’s largest cryptocurrencies. This development comes as the Spot Ethereum ETF race heats up in anticipation of an official debut before the end of the year. Hashdex Files Combined Bitcoin And Ethereum ETFs […]
KSM price establishes a new all-time high as competition heats up for 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. Kusama 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 before profit selling pulled the price back to $194.KSM/USDT 4-hour chart. Source: TradingViewKusama is an experimental, interoperable blockchain platform that is....
As a result of the new cooperation by Polkadot with the KILT Protocol, the company’s development efforts have been on the rise. The latter announced via its official Twitter account that the protocol is currently functioning as a Polkadot interface. The fact that KILT originally operated as a chain on the Kusama network served as a springboard for their transition to operating as a parachain on the Polkadot network. In addition, KILT stated that they were the first parachain to successfully migrate their whole network to Polkadot. As a result of these changes, Polkadot’s rate....
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. Polkadot Roadmap Outlines Layer 0 Deployment Initiatives Polkadot released a roadmap highlighting that it is currently in its Rococo phase, the first of three major phases until the network goes live. Here is a breakdown of the roadmap. Rococo Testnet Rollout Polkadot (DOT) plans to continue with its launch of parachains, also referred to as application-specific data structures. These....