Tag Archives: DOTUSD

Polkadot has undoubtedly become one of the more popular projects in the cryptocurrency field.  However, one of the most innovative aspects of its ecosystem is Kusama, Polkadot’s canary network. While new blockchain projects can seem extremely repetitive and derivative, Kusama stands out as it is genuinely useful. This guide aims to answer some of the following questions about Kusama: What it is, what it can do, and what risks are inherent with a canary network. Overview of...

Following yesterday’s price slide below $54,000, bitcoin has started increasing in value once more and has neared $56,000. Although some altcoins like XRP and DOT have charted notable gains in the past 24 hours, BTC’s dominance has also risen. Bitcoin Aims at $56K The primary cryptocurrency exploded above $50,000 on October 5th and hasn’t looked back since. Just the opposite, it has been mainly on the offensive, which resulted in tapping $56,000 a few days ago for the first...

After touching $56,000 for the first time in five months, bitcoin retraced slightly and currently stands around $55,000. Most altcoins continue with indecisive moves in either direction, except for Shiba Inu, which has gone on the offensive once more with a 35% daily surge. Bitcoin Stalls at $55K The past week or so showed once more how quickly the landscape could change in the cryptocurrency markets. Bitcoin entered October at around $45,000 after recovering $4,000 in days...

Bitcoin Bitcoin is up by an incredible 25.7% this week as the cryptocurrency surges beyond $55,000. The increase started at the beginning of October when it managed to break above a descending price channel and go above the 50-day MA. Since then, BTC surged higher during the week until it broke the September highs at $53,000 and met resistance at $55,400 on Wednesday. It did attempt to break above $55,400 today, reaching as high as $56,000 (1.414 Fib Extension) but is showing...

Following the past few days of marking gains, bitcoin has calmed a bit around the $48,000 mark. Some alternative coins have kept climbing, though, with Solana surging 8% and Terra jumping to a new all-time high after a 20% daily increase. LUNA Marks New ATH: Sol 8% Up The alternative coins have been on a roll in the past few days after the mid-week price drops. Ethereum had dipped to $2,900 following the latest Chinese Fud. However, ETH has reclaimed more than $500 since then...

Following yet another price surge in the past 24 hours, bitcoin neared and even briefly exceeded $48,000. The alternative coins are also well in the green, with ETH closing down to $3,300. However, AXS is the most significant gainer once more, with a 50% surge to a new ATH. Bitcoin Tapped $48K A lot can change in the cryptocurrency space in just a few days. Back on September 29th, bitcoin struggled with its third consecutive drop below $41,000. However, the bulls intercepted...

After the relatively positive Saturday, the bears have returned to the market and pushed bitcoin south to below $41k. The alternative coins have also suffered badly, with ETH dropping beneath $2,800. Update: shortly after the first publishing of this market update, Bitcoin managed to recover from the massive dump – which resulted in a current daily low of $40.8k, according to Bitstamp. The primary cryptocurrency saw a decent recovery: In less than one hour, BTC spiked almost...

Yesterday the crypto markets went through another bloodbath initiated once again by China. Bitcoin dumped by $4,000 in minutes but has managed to complete a partial recovery as of now. Most altcoins suffered even more, and some have failed to bounce off decisively, including ETH, which still stands below $3,000. Bitcoin’s Recovery Attempt The past few days were actually going well for the primary cryptocurrency. It had recovered from the sub-$40,000 price drop and added...

Following a few days of adverse price developments, bitcoin has started to recover some value and currently sits around $45,000. Most altcoins have stalled in the same timeframe, with a few exceptions from Polkadot and Terra. Bitcoin Taps $45K The start of the week was highly damaging for the bitcoin bulls as the price of the cryptocurrency plummeted on Monday from $48,000 to around $43,000 in hours. The situation only worsened in the following two days as BTC dumped by a few...

Bitcoin neared $49,000 for the first time in over a week but failed to breach it and has returned to around $48,000. Most alternative coins are slightly in red, except for Solana, which has jumped by 4% in a day to above $160. Bitcoin Maintains $48K After the volatile start of the week, in which bitcoin surged by $1,500 and dropped by $3,000 in minutes, the cryptocurrency enjoyed a steady price increase. In a matter of days, it bounced off the $43,300 low reached on Monday...