Tag: dotusd

Moonbeam, the...

Moonbeam, an Ethereum-compatible smart contract platform, has won the second parachain auction on Polkadot. According to the company's announcement, over 35 million DOT, worth...

Users get exposed to data abuse while using a centralized network. As a result, blockchain emerged as a global panacea. Despite its ground-breaking innovation, the technology has its own limits. Most blockchains fail to interoperate with other blockchains at the protocol level. Though layer 2 solutions make this...

DeFi protocol Acala has won the first-ever Polkadot parachain auction on Thursday. The platform raised a total of 32.5 million DOT from 81,000 contributors, worth over $1.3 billion at press time. With over 32M DOT contributed by over 81,000 community members, Acala has won the first parachain auction on...

Crypto investment firm Digital Finance Group (DFG) has allocated over 500,000 DOT ($26.5 million) to Acala, a DeFi platform developed on the Polkadot blockchain network, ahead of its bid for a parachain slot. “We proudly announce our very first decision: 500,000 DOT that will be contributed to the Acala Crowdloan. This was a decision made even before there was any public announcement...

The...

Shiba Inu lifts above $0.00005, ignoring Bitcoin's retreat to $60,000. Polkadot bulls are harrowing into the supply zone between $45 and $50 while hoping for a breakout to a new ATH. Bitcoin pulled back to $60,000 due to rising overhead pressure toward $64,000. As reported, this is the second time in a week; the flagship The post Shiba Inu, Polkadot Price Analysis Today:...

Solana impresses investors again with near a 20% rally to $183 while bulls gaze at $200. Polkadot’s mission is to keep support at $40 unbroken, allowing bulls ample time to execute the task to all-time highs. Solana bulls are back in action, and this time they seem ready to close the distance to $2,000. Last The post Solana, Polkadot Price Analysis: October 21,...

Karura Swap, the AMM-style decentralized exchange on Kusama,...

Polkadot’s Parachain auction is set to launch on 11 November ’21 with speculations around which five projects will win the available slots. The Moonbeam project an EVM compatible blockchain is the first project believed to get the first slot launch on the Polkadot ecosystem. Acala project is the next project that analysts believe is almost The post Polkadot DOT Price Analysis: Bearish Divergence...

The boosted rally that was recorded in the digital currency ecosystem in the previous week may become a source of a huge upshoot in the coming week. This speculation is being held dear by many crypto proponents on various social media platforms, as the rally that pushed the top coins may begin to materialize in The post Trailing Current Uptrends, Here Are the...

Polkadot...

Polkadot whale and notable community member @DonnieBigBags tweeted that the Polkadot to Kusama bridge will be rolled out at the end of this year. He added that, by formally connecting both chains, Kusama is "more important than ever." "Importantly it was announced today that...

Acala, the Ethereum-compatible DeFi and liquidity hub of Polkadot, has launched Liquid Crowdloan DOT (lcDOT) ahead of its upcoming crowdloan event, it said in a...

Polkadot’s much-awaited parachains are set to go live on the network later this year, its developers said in a post on Wednesday. The community can expect ‘Auctions’ from the proposed date of November 11 onwards. What are parachains on Polkadot? Parachains are custom,...

It looks...

Polkadot rallies nearly...

Lark Davis, famous New Zealand-based crypto analyst stated reasons for his bullish position on the DOT token of the Polkadot ecosystem on 10 October. A notable reason being the announcement of Polkadot Parachains by Dr. Gavin Wood. Polkadot (DOT), now viewed by many analysts as layer-0, allows developers to build smart contract blockchains like ETH The post Polkadot (DOT) Price Analysis: Imminent Breakout...

Led by the famous venture capital firm, Andreessen Horowitz, Sky Mavis studio, the creators of Axie Infinity recently raised 152 million USD in a Series B round. The move reinforced Axie Infinity as the largest NFT project by trading volume. Last week’s launch of AXS staking functionality, unlocks new rewards to users that lock up The post Axie Infinity (AXS) Price Analysis: Rising...

Ethereum (ETH) price bursts out of a sideways chart structure, consequently raising concerns for IMF towards the mass adoption of cryptocurrencies and how they could negatively affect world economies. Another interesting one for the crypto industry is Visa’s announcement of its blockchain interoperability hub to facilitate crypto payments. Let’s analyze the ETHUSDT price charts to The post ETH Price Analysis: Uptrend Eyes $3676.28...