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Tag Archives: DOTUSD

Top 5 Altcoins to Watch in 2024: Which Cryptocurrency Will Perform Best in the Next Bull Run?

Many industry experts have given their two cents on the future of the crypto market in the next 12 months, and most of them lean bullish. The most common reason is Bitcoin. In April 2024, the cryptocurrency will go through its pre-programmed halving, which will slash block rewards in half. This means that the supply available for miners to sell will effectively decrease by 50%. If the demand for it remains the same or it increases, the price will go up – that’s how markets...

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Brazilian Finance Giant BTG Pactual to Issue a Stablecoin Pegged to the US Dollar (Report)

BTG Pactual – one of Latin America’s largest investment banks – will reportedly launch its own stablecoin, whose value will be tied to the American dollar.  The corporation joined the industry years ago by issuing a security token called ReitBZ and introducing a cryptocurrency exchange in Brazil. The Latest Push According to Reuters, Banco BTG Pactual S.A. (better known as BTG Pactual) will strengthen its presence in the digital asset sector by designing a stablecoin called...

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Crypto Price Analysis Mar-17: ETH, XRP, ADA, BNB, DOT

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Polkadot. Ethereum (ETH) This week, the market sentiment completely shifted, with bulls taking full control of the price action. ETH rallied by 21%, making it the best performer on our list. This spectacular rally allowed it to break above the key resistance at $1,660, which has now turned into support. With the uptrend in full swing, this cryptocurrency can reach $2,000, which is a key...

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Crypto Price Analysis Dec-23: ETH, XRP, ADA, BNB and DOT

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Polkadot Ethereum (ETH) ETH fell by 3.1% in the past seven days after it lost the support at $1,240, which has now turned into a resistance. The bulls stepped up at $1,150, and since then, ETH has been trending upwards. In the next few days, this cryptocurrency seems likely to attempt to reclaim the $1,240 level as support. However, to achieve this, buyers need to keep it up. So far in December,...

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Tether (USDT) Launched on Polkadot

Tether, the operator of the third-largest cryptocurrency with a market cap of almost $70 billion, announced the USDT launch on Polkadot. Thus, the stablecoin is now available on roughly a dozen blockchain networks. The announcement from the company described Polkadot as a “full-stack Web 3 ecosystem built for the multi-chain future.” Adding that it has a “multi-chain application environment where activities such as cross-chain registries and cross-chain computation are...

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Bitcoin Stalls Below $30K, Polkadot Recovers Another 7% (Weekend Watch)

Bitcoin has calmed just under and around the $30,000 level after the recent massive volatility that brought the asset south by five digits. Most altcoins are also quite stagnant on a daily scale, with a few exceptions, such as Polkadot, Bitcoin Cash, and Monero. Bitcoin Stands Still Below $30K The past ten days were nothing short of a volatile rollercoaster for bitcoin and the rest of the market. The largest digital asset stood close to $40,000 before it plummeted by $4,000...

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Bitcoin Rejected at $30K, TRON and Polkadot Spike 4% (Weekend Watch)

After yesterday’s brief price surge to $31,000, bitcoin stalled and retraced back to below $30,000. Most altcoins are also slightly in the red today, except for TRON and Polkadot, both of which are up by around 4%. Bitcoin Failed at $31K No other word can explain what transpired last week better than “massacre.” Bitcoin stood close to $40,000 on May 5 before the bears took complete control over the market and pushed it south hard. At first, BTC lost $4,000 in a day before the...

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Almost 130 Million Polkadot (DOT) Locked in Parachains as of Q1 2022, Report

Crypto analytics resource Messari published a report on Polkadot’s Q1 performance, outlining the layer-zero protocol’s price action, network usage, latest developments in staking and decentralization, and possibilities ahead. The paper stated that Polkadot has successfully completed 13 parachain slot auctions, with a total of 127.8 million DOT – worth $2.9 billion (at Q1’s end) and around 11% of the total supply – bonded. In addition, 28 more parachain slot auctions are...

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Crypto Markets Shed $130B, Bitcoin Dumps to 2-Month Low (Market Watch)

Bitcoin continues to gradually lose value and dropped to a near two-month low of just over $37,000. The altcoins are also deep in the red, with notable price losses from Solana, Cardano, Terra, Polkadot, and many others. Bitcoin Sees 2-Month Low It’s safe to say that the primary cryptocurrency has seen better days. In fact, they weren’t all that long ago, as BTC neared $41,000 roughly a week ago but was rejected in its tracks. The subsequent correction drove the asset south...

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Weekend Watch: BTC Below $40K, ApeCoin Soars 14% Ahead of Otherside Sale

Bitcoin failed again at overcoming $40,000 and has returned to even below $39,000. The majority of the altcoins are also in the red once more, but ApeCoin continues to defy the odds ahead of its highly-anticipated Otherside sale. Bitcoin Struggles Below $40K On April 25, bitcoin initiated an impressive leg up, adding nearly $3,000 in hours. Consequently, the asset spiked to almost $41,000 after its recent nosedives. However, this price increase was short-lived as the bears...

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