Category: Polkadot

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Biggest Movers: BCH 6% Higher, as US Inflation Falls by More Than Expected

Bitcoin cash rose by nearly 6% on Wednesday, following the release of the latest consumer price index (CPI) in the United States. Inflation fell by 1.0% from May, coming in at 3.0% last month. Polkadot also rose, extending its winning run for a third straight day. Bitcoin Cash (BCH) Bitcoin cash (BCH) rose by as…
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Price analysis 7/7: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT

Bitcoin and select altcoins are finding buyers at lower levels, indicating a pick-up in positive sentiment. Bitcoin is still struggling to stay above $31,000. While a tight consolidation near the overhead resistance is a positive sign, the failure to rise above it may result in short-term liquidations. However, a shallow pullback should not be considered a…
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Price analysis 7/5: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT

Bullish crypto traders are struggling to clear the overhead barrier in Bitcoin and select altcoins, indicating that bears have not given up yet. Bitcoin continues to trade near $31,000, making it an important resistance level to watch out for in the short term. Some analysts believe the current consolidation could result in an upside breakout in…
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Price analysis 7/1: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT

The rejection of ETF applications by the SEC caused a knee-jerk reaction but the shallow fall in Bitcoin and several altcoins suggests that lower levels are attracting buyers. Bitcoin (BTC) witnessed a volatile trading session on the last day of the quarter. The bulls were trying to maintain Bitcoin’s price above $31,000 but they received…
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Price analysis 6/28: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT

Bitcoin and several altcoins are stuck in a tight range, indicating that a breakout is brewing. A large part of the recent leg of Bitcoin’s rally started after BlackRock filed to list a spot Bitcoin exchange-traded fund (ETF) on June 15. Several applications by other firms have been rejected by the United States Securities and…
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Price analysis 6/23: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT

Bitcoin price looks ready to turn $31,000 to support, and many altcoins are following with double-digit gains. The rush to apply for a spot Bitcoin (BTC) exchange-traded fund (ETF) rejuvenated the bulls, but this news is likely to boost the price only to a certain distance. As the price moves up, the risks of a…
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Price analysis 6/21: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT

Bitcoin’s price surged to $31,000 as a handful of BTC spot ETF applications and Fed Chair Jerome Powell’s views on stablecoins appear to have improved crypto investors’ view of the market. BlackRock’s application for a spot Bitcoin exchange-traded fund (ETF) has encouraged other financial firms to follow suit. First, it was the New York-based asset management…
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Price analysis 6/16: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT

Bitcoin has reclaimed the $26,000 level, but will large cap altcoins follow BTC’s rebound? Bitcoin is witnessing a tough battle between buyers and sellers near the $25,000 mark. A minor cause of worry for the bulls is that even the news of BlackRock having filed an application for a Bitcoin (BTC) spot exchange-traded fund could not boost…
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Price analysis 6/9: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT

Stock markets are showing strength, and selling by crypto traders has taken a pause. Is this a sign that Bitcoin and altcoins are about to reverse course? Bitcoin remains well above the crucial support at $25,250, indicating that market participants have shrugged off the news of the lawsuits by the United States Securities and Exchange Commission…
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Subsocial chat program implements Ethereum usernames, Polygon donations

Despite running on a Polkadot parachain, Grill.chat lets users post using Ethereum wallets and send payments via Polygon. Grill.chat, a chat app based on the Subsocial network, has now implemented Ethereum Virtual Machine (EVM) wallet compatibility, allowing users to chat using their Ethereum identities and send crypto to each other via Polygon, according to a…
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