Polkadot

Polkadot is a protocol that enables cross-blockchain transfers of any type of data or asset. 

By uniting multiple blockchains, Polkadot aims to achieve high degrees of security and scalability. 

DOT serves as the protocol’s governance token and can be used for staking to secure the network or to connect (“bond”) new chains.

Polkadot (DOT) is consolidating above the $22 support or above the 21-day SMA.

Polkadot in Downward Correction, Risks Further Decline below $22

Cardano

Ethereum co-founder Anthony Di Iorio says he's betting on the future of both Cardano and Polkadot. Di Iorio joined the Ethereum development team soon after meeting Ethereum Founder Vitalik Buterin at an organized Bitcoin conference in 2012. Following his time at Ethereum, De Iorio left to start Decentral, a Toronto-based blockchain company. In a new […] The post Ethereum Co-Founder Says He's Investing in Polkadot and Cardano – Here's Why appeared first on The Daily Hodl.

Ethereum Co-Founder Says He's Investing in Polkadot and Cardano – Here's Why

With auctions to win a place building on the Polkadot blockchain ecosystem beginning soon, projects are coming out with strategies to secure one of the coveted slots.

Stake Technologies Raises $10M Warchest Ahead of Polkadot and Kusama Auctions

A number of projects are racing to create an internet of blockchains allowing users, data, and developers to move more freely between projects.

Why Are Crypto Projects Like Polkadot and Near Building Cross-Chain Bridges?

Bitcoin

Ethereum

High-profile crypto trader Jason Pizzino is comparing Cardano's price action to Bitcoin and other top crypto assets. Pizzino says Ethereum competitor Cardano (ADA) is holding up well despite the late-May crypto correction that hammered the markets. Pizzino asserts that ADA is performing well in the short-term against USD, meeting heavy resistance in the $1.80 to […] The post Top Analyst Says Cardano Showing Weakness Against One Altcoin – But Strength Against Ethereum, Bitcoin, Polkadot and Binance Coin Growing appeared first on The Daily Hodl.

Top Analyst Says Cardano Showing Weakness Against One Altcoin – But Strength Against Ethereum, Bitcoin, Polkadot and Binance Coin Growing

Kraken is adding support for Kusama parachain auctions, allowing users to effectively vote for their favorite projects.

Kraken Now Lets Users Back Contender Projects on Polkadot's Kusama Platform

The start date was heralded by the upgrade to Kusama's Statemine parachain, Polkadot founder Gavin Wood said Tuesday.

Polkadot Network to Start Parachain Auctions Next Week

Polkadot creator Gavin Woods said the blockchain protocol Polkadot is set to begin its proposed auction schedule. The post Polkadot says it's ready to begin auctioning off its parachain slots appeared first on The Block.

Polkadot says it's ready to begin auctioning off its parachain slots

After months of hype around the launch, the first Kusama parachain auction went off without a hitch. The now active parachain has already begun successfully processing transactions, paving the way for future slot auctions. Kusama's First Functional Parachain Goes Live The anticipation surrounding Polkadot parachains over the last few months has at last been realized […]

Polkadot's Parachain Vision Materializes Following Successful Kusama Auction

A closely-followed crypto trader is revealing his giant price targets for Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and Polkadot (DOT). In a new tweet, the pseudonymous trader known as Capo gives his 129,000 followers an initial price target for ADA in the $3.00 to $4.00 range and a staggering long-term target of $30.00. “Friendly reminder […] The post Top Analyst Unveils Massive Price Targets for Bitcoin, Ethereum, Cardano and Polkadot appeared first on The Daily Hodl.

Top Analyst Unveils Massive Price Targets for Bitcoin, Ethereum, Cardano and Polkadot

Gavin Wood, founder of Kusama and Polkadot, has announced the launch of parachain slot auctions. So, what should the crypto market expect from the upcoming auctions, and how will the introduction of this technology affect the existing balance of power? What is Polkadot and how does it differ from Kusama? Polkadot is a project that […] The post How Will the Deployment of Polkadot and Kusama Auctions Affect the Blockchain Market? appeared first on The Daily Hodl.

How Will the Deployment of Polkadot and Kusama Auctions Affect the Blockchain Market?

Polkadot (DOT) is falling after the altcoin reached the high of $28. The crypto's price retraced to $24 support and resumed upward.

Polkadot Finds Support above $24, Upward Move Likely

Bitcoin Cash

Dogecoin

Chainlink

USDC

Localbitcoins, one of the biggest P2P exchanges in the world, has added Bitcoin Cash and other cryptocurrencies as payment methods to acquire Bitcoin on its platform. This marks a clear departure from the earlier position of the company, which hadn't added new payment methods and had remained Bitcoin-only for some time. Localbitcoins Adds Bitcoin Cash […]

Localbitcoins Adds Bitcoin Cash and Other Cryptocurrencies as Payment Methods

Digital assets manager CoinShares says institutional investors are buying Cardano (ADA), XRP and Polkadot (DOT) as the crypto market struggles to recover from a massive correction. In a new report, the firm says that investors are adding positions to their crypto holdings amid the widespread plunge in the prices of digital assets. The report shows […] The post Institutions Gobbling Up Cardano and Two Additional Altcoins During Crypto Market Plunge: CoinShares appeared first on The Daily Hodl.

Institutions Gobbling Up Cardano and Two Additional Altcoins During Crypto Market Plunge: CoinShares

Uniswap

Crypto analyst Scott Melker is tracking the key levels to watch for a group of the top altcoins by market cap. Melker says that Cardano's current price action is displaying directional uncertainty, but that the key level to watch is the $1.50 mark. “ADA/USD – really really gross chart, really weird to look at. Not […] The post Scott Melker Analyzes State of Ethereum, Binance Coin, Cardano, Dogecoin, XRP, Polkadot and Uniswap appeared first on The Daily Hodl.

Scott Melker Analyzes State of Ethereum, Binance Coin, Cardano, Dogecoin, XRP, Polkadot and Uniswap

The fund will support projects competing for a parachain slot on the Polkadot relay chain, as well as additional early-stage projects. The post Master Ventures creates $30 million VC fund to support Polkadot projects appeared first on The Block.

Master Ventures creates $30 million VC fund to support Polkadot projects

This first-of-its-kind fund will invest in projects bidding for parachain slots on Polkadot and canary network Kusama.

Master Ventures Launches $30M Polkadot Fund

LocalBitcoins is now moving beyond Bitcoin, and Dogecoin is the most active trading pair among the select few altcoins.

Bitcoin Exchange LocalBitcoins Adds Dogecoin, Cardano and More

May 29, 2021 Polkadot (DOT) price is trading at $22.09. Following the breakdown on May 19, buyers and sellers have been in a price tussle between $16 and $32.

Polkadot Price Reaches the Oversold Region, Downward Move Is Doubtful In the Interim

Leading cryptocurrency analyst Michaël van de Poppe says several major cryptocurrencies are set to see their prices rise multi-fold this cycle. Van de Poppe predicts the crypto king, Bitcoin (BTC), will reach at least $350,000 and as high as $450,000. He says Ethereum will surpass $10,000 and could reach $17,000 at the top. The analyst […] The post Here's Where Bitcoin, Ethereum, Cardano and Five Altcoins Will Land at the Top of This Cycle, According to Analyst appeared first on The Daily Hodl.

Here's Where Bitcoin, Ethereum, Cardano and Five Altcoins Will Land at the Top of This Cycle, According to Analyst

Positive news for Bitcoin provided some relief for the market, but even the Elon Effect is not enough for Dogecoin right now.

Crypto Markets Begin to Recover—But Dogecoin, Polkadot Lag Behind

“It's super important to support these legacy protocols, these legacy languages, and that's what we're doing,” says the former Ethereum developer.

Polkadot's Gavin Wood: WebAssembly Is the Future of Smart Contracts, but ‘Legacy' EVM Is Right Now

Polkadot's interconnected web of blockchains will require “a totally different application programming paradigm,” said Web3 Foundation tech lead Joe Petrowski.

Polkadot Weighs Multichain Tech Challenges Ahead of DOT 'Parachain' Auctions

Cryptocurrency trader and YouTuber Tyler Swope is naming three undervalued altcoins that he says are poised to blast off in the midst of a marketwide collapse. In a new video, the crypto analyst tells his 243,000 YouTube subscribers that he's looking at RLC, which is the native token of decentralized cloud computing platform iExec. Swope […] The post These Undervalued Altcoins Are Ready for Liftoff, Says Crypto Trader Tyler Swope appeared first on The Daily Hodl.

These Undervalued Altcoins Are Ready for Liftoff, Says Crypto Trader Tyler Swope

Following an impressive bullish run to the high $48, Polkadot (DOT) plunged to $16 low. The bulls bought the dips as the price corrected upward.

News for Polkadot Crypto (DOT)