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) has fallen above the $5.34 support level. The oversold region of the market is where the cryptocurrency has declined.

Polkadot Hovers above $5.34 as Buyers Emerge in the Oversold Region

Bitcoin Cash

Bitcoin cash rose to a one-week high in today's session, despite crypto markets mostly trading lower. The global cryptocurrency market cap is down by 2.45% as of writing, which comes as traders reacted to rising geopolitical tensions. Polkadot was a notable token to slip, as prices collided with a key support point.

Biggest Movers: BCH Climbs to 1-Week High, DOT Declines

Polkadot (DOT) is in a downtrend as it falls below the moving average lines. The cryptocurrency's price dropped to a low of $5.34 before it started to fluctuate back above the existing support.

Polkadot Reaches Bearish Exhaustion as It May Decline to $4.81 Low

A top executive of the development team behind Polkadot (DOT) is asserting to the U.S. Securities and Exchange Commission (SEC) that the interoperability blockchain's native token no longer counts as a security.

Polkadot (DOT) Developer Addresses SEC, Says DOT Token Has Transformed From Security to Software

Polkadot (DOT) trades above the moving average lines and recovers to reach the previous highs. The bullish rise in the previous price action was rejected at the high of $6.83.

Polkadot Rebounds as It Dares the Resistance at $6.83

Polkadot developers say token has decentralized sufficiently to no longer be considered a security. The post Polkadot backers say SEC should no longer treat token as a security appeared first on The Block.

Polkadot backers say SEC should no longer treat token as a security

Lisbon, Portugal This year, Web Summit 2022 presents a separate crypto track for blockchain enthusiasts to discuss trends and challenges in Web 3.0. Polkadot, along with major tech startups, influential web agencies and enterprises, will be there to dedicate their expertise and passion for facilitating the transition from Web 2.0 to Web 3.0.

Polkadot Brings the Future of Web 3.0 to Web Summit 2022

Polkadot (DOT) is in an upward correction as it breaks above the moving average lines. The cryptocurrency value rose above the moving average lines, but got stuck at the 50-day line SMA. The altcoin has been fluctuating between the moving average lines since October 25.

Polkadot Rallies but Holds Steady at the $6.60 Peak

Manta Network's trusted setup ceremony will see some 5,000 participants laying the groundwork for its private payments service.

Polkadot Privacy Project Manta Network Eyes Crypto's Largest Trusted Setup Ever

In a blog post, Wood admitted that being a CEO was a role he had never coveted — and having this position for a prolonged period of time would not give him "eternal happiness."

Polkadot Co-Founder Gavin Wood Becomes Latest Crypto CEO to Step Down

Gavin Wood is stepping down from his position as CEO of Parity, the development firm behind interoperable blockchain Polkadot (DOT). In a new company blog post, Polkadot co-creator Gavin Wood says he's leaving his position to spend more time on making blockchain technology more relevant to the public.

Polkadot (DOT) Co-Founder Gavin Wood Steps Down As Parity CEO To Focus on Strategies for Mass Crypto Adoption

The price of Polkadot (DOT) is in a downtrend, but has recorded a new decline. Sellers have broken the current support at $5.98, which has held since July.

Polkadot Is in a Fresh Decline as It Reaches the Low of $5.65

Wood is out as Parity CEO but will remain on as Polkadot's chief architect.

Ethereum Co-Founder Gavin Wood Steps Down as CEO of Company Behind Polkadot

Gavin Wood is stepping down as CEO of blockchain infrastructure company Parity Technologies. He will continue to be the company's principal investor and architect, according to a report.

Parity Technologies CEO Resigns, Says Role Was Never One He 'Coveted'

Polkadot co-founder Gavin Wood is stepping down as CEO of Parity Technologies Ltd. The post Gavin Wood is stepping down as CEO of Parity: Bloomberg appeared first on The Block.

Gavin Wood is stepping down as CEO of Parity: Bloomberg

Björn Wagner will now helm Polkadot's key backer, Parity Technologies.

Polkadot Co-Founder Gavin Wood Steps Down From CEO Role at Blockchain's Builder: Report

Tapio Protocol has raised $4 million in a seed round led by Polychain, Hypersphere and Arrington to bring a unified liquidity standard to Polkadot. The post Polkadot synthetic asset protocol Tapio raises $4 million from Polychain and others appeared first on The Block.

Polkadot synthetic asset protocol Tapio raises $4 million from Polychain and others

Polkadot (DOT) is in a downtrend as the cryptocurrency has fallen to the low of $5.65 and is retreating. The altcoin has risen above the $6.00 support level.

Polkadot Holds Above $6.00 as Sellers Attempt to Sink it to $4.00 Low

Cosmos

Commodity strategists from Bloomberg say that two altcoins are outshining Ethereum (ETH) when looking at one particular metric. In the latest Bloomberg Intelligence: Crypto Outlook report, analysts Mike McGlone and Jamie Douglas Coutts say that in terms of its fee structure and issuance system, Ethereum enjoys a strong dominance over much of the market.

Bloomberg Analysts Say Polkadot (DOT) and One More Blockchain Leading Ethereum (ETH) in Critical Metric

The price of Polkadot (DOT) is in a downtrend, but has resumed a sideways trend. The downtrend has eased after falling to the low of $5.98. The sideways movement starts when the cryptocurrency fluctuates between the price levels of $5.98 and $6.60.

Polkadot Is In A Tight Range As A Drop Below The $6.00 Low Looms

The price of Polkadot (DOT) is in a downtrend, falling to the low of $5.98 on September 21.

Polkadot Pauses Above $5.98 And Continues A Sideways Movement

Cardano

Ethereum

Ethereum (ETH) co-founder Anthony Di lorio says that besides Bitcoin (BTC) and Ethereum, he is also keeping his eyes on Cardano (ADA), Polkadot (DOT) and Cosmos (ATOM). In a new interview on Kitco News, Di lorio says he is stocking up on the three smart contract altcoins because of the people working on these projects.

Ethereum Co-Founder Reveals He Is Amassing Cardano, Polkadot and One Additional Smart Contract Altcoin – Here's Why

USD Coin (USDC) issuer Circle says it intends to make the second largest stablecoin by market cap available on five additional blockchain ecosystems. The digital financial technology firm says that USDC will be available on layer-1 blockchains Arbitrum One, NEAR Protocol (NEAR), Optimism (OP) and Polkadot (DOT) by the end of the year.

Second Largest Stablecoin by Market Cap Expands to Cosmos (ATOM), Polkadot (DOT) and These Three ETH Rivals

Algorand

Avalanche

Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding Cross-chain technologies remain an important area of focus for core blockchain teams as they continue their preparation for the next generation of crypto users In the Polkadot ecosystem, liquid-staking is slowly gaining traction as the amount of staked DOT has declined in recent months. Algorand takes a step toward greater interoperability with the release of state proofs. On Avalanche, developers deal with a potential exploit arising from a custom EVM implementation

Layer by Layer Issue 47: Polkadot, Algorand, and Avalanche

Polkadot (DOT) and Kusama (KSM) are leading the crypto market in the past month in terms of development activity, according to the analytics firm Santiment.

News for Polkadot Crypto (DOT)