Data shows Polkadot’s price action has been a bellwether for Bitcoin in the past few months. Polkadot (DOT) is seeing an impressive 180% gain in 2021 so far, surpassing XRP for fourth place by market capitalization. Polkadot is a multi-chain protocol that has several “parachains,” similar to Ethereum Shards. DOT works on its proprietary technology called Substrate.…
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A report from Kraken has identified last month’s BTC volatility at levels not seen since the ‘Black Thursday’ crash of early 2020. With Bitcoin rallying from $30,000 to $42,000 and back again during January, BTC’s annualized volatility rose to levels last seen in April 2020, according to a new report from U.S. crypto exchange Kraken.…
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DOT is on fire today as it surges up the market cap charts to fourth spot. There have been some big movers as the crypto market rally resumes and Polkadot’s DOT token is among them. According to figures from leading analytics portal Coingecko, DOT has flipped Ripple’s XRP in terms of market capitalization following a…
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Polkadot has recounted its gains in 2020, identifying its dominance of the crypto staking scene among other notable milestones for the year. With 2021 less than 24 hours away, Polkadot creator Gavin Wood says the project has built up a head of steam heading into the new year. In a 2020 roundup published on Wednesday,…
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Bitcoin’s explosive gains are strongly reflected by the number of days it has closed above $16,320. The Bitcoin (BTC) price, which is currently sitting at $16,320, has only been at this level or higher for 12 days in the coin’s entire 4,332-day history, representing just 0.28% of the cryptocurrency’s life. Crypto analytics platform Messari published…
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Bitcoin is facing selling at the $14,000 mark and this has resulted in several cryptocurrencies dropping below their support levels. China’s central bank governor Yi Gang has said that the nation’s digital yuan pilot projects have processed transactions worth over $299 million without any major problems. This suggests that China is much ahead of its…
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The Polkadot ecosystem is set to get a $20m boost from RockX Digital asset development company RockX has launched a $20 million investment program to support the Polkadot (DOT) ecosystem over the next five years. The funding, capped at a maximum of $500,000 worth of DOT tokens per project, will be provided alongside technical support…
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Polkadot has launched the Polkadot Treasury to fund proposals from developers within the community and multiple proposals have already been submitted. Blockchain platform Polkadot (DOT) is the latest to invest back into its developer community with the launch of the Polkadot treasury. Run by community-elected council members, the pool will fund as many new community…
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Polkadot (DOT) price has increased by 200% in less than eight days and top crypto analysts believe the blockchain has a lot more to give. Spartan Black, a major cryptocurrency fund based in Asia, believes Polkadot (DOT) has more fuel left in the tank and could soar into the top-3 list of biggest cryptocurrencies by…
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