Category: polkadot

Bitcoin Recovery Continues as Price Reached $19,500: is $20K Inbound? (Market Watch)

Bitcoin Recovery Continues as Price Reached $19,500: is $20K Inbound? (Market Watch)

Following increased fluctuations taking Bitcoin from $18,300 to $19,300, the asset has calmed and trades above $19,000. Most alternative coins have also remained relatively stagnant on a 24-hour scale after the recent roller-coasters. Bitcoin Rises Above $19K The primary cryptocurrency displayed high volatility in the past several days. It went from trading beneath $17,000 to […]

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IDEX introduces Multiverse and expands to Polkadot and Binance Smart Chain

IDEX is bringing the original Ethereum DEX to Polkadot and the Binance Smart Chain. The decentralized cryptocurrency exchange aims to bring its technology to emerging smart contract platforms. IDEX, a high-performance decentralized cryptocurrency exchange (DEX), today announced Multiverse, a multi-chain initiative that brings its world-class trading experience to new blockchains, starting with Polkadot and Binance […]

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Polkadot ballistic breakout hits double-top pattern as correction looms

Polkadot leads recovery in tandem with Bitcoin’s recovery above $18,000. DOT/USD stares into a potential correction following the formation of a double-top pattern. Polkadot is the biggest gainer among the top ten, mainly following Bitcoin’s footsteps, which recovered above $18,000 on Friday. Recently the token embraced the buyer congestion at $3.6, bringing back stability after […]

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Polkadot is the most popular network for staking, nearly $3 billion worth of DOT tokens are at stake

Polkadot is the most popular network for staking, nearly $3 billion worth of DOT tokens are at stake

Layer-1 blockchain Polkadot is the most popular network when it comes to staking. According to The Block Research, nearly $3 billion worth of DOT, Polkadot’s native token, are at stake. The figure means DOT token holders have deposited $3 billion worth of funds with Polkadot validators for earning passive income. Cardano follows Polkadot as the […]

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Roughly $12 billion is allocated to the top 10 largest staking networks staking value

Roughly $12 billion is allocated to the top 10 largest staking networks staking value

Quick Take The top 10 staking networks by value participating in staking include Polkadot, Cardano, Tezos, EOS, Algorand, Cosmos, Avalanche, Tron, Band Protocol, and Synthetix There is roughly $12 billion in aggregate, taking part in staking on the top 10 largest staking networks by staking value This research piece is available to members of The […]

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Beam To Launch A Privacy-Focused DeFi Platform Called BeamX

Beam To Launch A Privacy-Focused DeFi Platform Called BeamX

The team behind the mimblewimble-based privacy coin Beam will launch a DeFi platform enabling developers to create confidential, decentralized, and user-friendly financial applications. Dubbed BeamX, the platform will arrive on November 19th, with the first iteration being an experimental network, while the mainnet should be released in Q1 2021. Beam Announces DeFi Platform Called BeamX […]

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LINK Update: Polkadot-based DEX Announces Chainlink Integration

On Tuesday, November 3, the Polkadot-based cross-chain DEX network Zenlink announced its integration with oracle service provider Chainlink. The latest announcement comes as Zelink DEX aims to leverage Chainlink oracles to access valuable assets secured on the Polkadot blockchain network. The announcement states that Zenlink will use the Chainlink oracles for different decentralized finance (DeFi) […]

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Crypto Market Cap Gains $15 Billion as Bitcoin Price Touches $14,100 (Market Watch)

Crypto Market Cap Gains $15 Billion as Bitcoin Price Touches $14,100 (Market Watch)

Bitcoin’s roller-coaster continued in the past 24 hours with significant fluctuations resulting in a few $500 moves and it finally breaking the previous 2019 high. The altcoins have taken a breather with some green charted, and the market capitalization has increased by around $15 billion. Bitcoin Goes On A Wild 24H Ride It’s safe to […]

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Polkadot Price Prediction: DOT Eyes Breakout To $5 After Bouncing Off Key Support

Polkadot bounces off support at $4.2 as buyers regain control of the price. DOT/USD must clear the resistance at the 50 SMA for gains to $5.00 to materialize. Polkadot has lost more than 7% of its value in the last 24 hours, making it one of the biggest losers in the market. A recent recovery […]

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After The Storm: Bitcoin Holds $13K Despite Wall Street Monday’s Plunge

After The Storm: Bitcoin Holds $13K Despite Wall Street Monday’s Plunge

Despite a brief price slump to $12,800, Bitcoin has perhaps indicated signs of decoupling from the stock markets. Wall Street bled out rather viciously yesterday, while BTC has risen above $13,000 again. Bitcoin Decouples From Stocks? During the past several weeks, Bitcoin’s price performance has resembled that of the US stock markets. For example, when […]

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