The Dubai-based cryptocurrency investment fund, FD7, believes that the value of Cardano (ADA) and Polkadot (DOT) will surpass that of Bitcoin (BTC) in the coming years. Consequently, the firm has announced that it will offload about $750 million worth of its BTC holdings and increase its exposure in ADA and DOT. FD7 (Fall Down Seven […]
DOTUSD Price Analysis – February 25 With the Polkadot (DOT) price up to around 10% in 7 days and 0.24% in 24hrs, all eyes are on the coin to deliver further gains. After DOTUSD recovered from the weekly low of $25.82 level the pair looks to sustain the advance beyond the $35.54 daily high. At […]
Polkadot is a next-generation blockchain protocol connecting multiple specialized blockchains into one unified network. This is a multi-chain technology, similar to Cosmos. It aims to improve the connectivity and scalability of blockchains linked to its “Relay Chain”. Many modern coins have been created using blockchain technologies to solve specific problems. On the other hand, Polkadot […]
The Next “Buzz Word” AltcoinsLast month, the Bloomberg Galaxy Crypto Index was at 1414.37, following a low of 217.82 in early March. BTC had made a new high yesterday at $51,630.86. Today (February 17) and the index was at 2,295.61. That’s a huge gain for one month. Let me put this into perspective. In late […]
Key Resistance Levels: $35, $37.50, $40Key Support Levels: $25,$22.50,$20 DOT/USD Price Long-term Trend: BullishThe cryptocurrency is in a smooth uptrend. DOT price is making a series of higher highs and higher lows. The coin is currently making higher highs at a price of $32.50. The altcoin is retracing from the recent high. The recent price […]
21Shares, one of the world’s largest cryptocurrency exchange-traded products (ETPs), is releasing the very first Polkadot (DOT) ETP. The company announced earlier that the new product might get listed on the Swiss SIX exchange on February 4, 2021. The new ETP is coming just after Polkadot got added to 21Shares’ top ETP product Crypto Basket […]
