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.

The issuer of the largest stablecoin by market cap is announcing the launch of the dollar-pegged crypto asset on Ethereum (ETH) challenger Polkadot (DOT). In a new company blog post, USDT issuer Tether says the top stablecoin is now available on the Polkadot blockchain as a means of increasing its presence in decentralized ecosystems.

USDT Issuer Tether Announces Launch of Top Stablecoin on Polkadot (DOT) Blockchain

Tether announced on Friday that USD Tether was natively available on Polkadot. The post Tether's USDT stablecoin goes live on Polkadot appeared first on The Block.

Tether's USDT stablecoin goes live on Polkadot

The price of Polkadot (DOT) is in a downtrend and has fallen to the lower price level of $5.98. This support is the historical price level from July 13 and has not been broken yet.

Polkadot Drops Significantly as It Can Hold above $5.98 Support

Tether is now live on 15 different blockchain networks, according to the company's latest announcement on Friday as the firm detailed that it is now supported by the Polkadot blockchain system. The stablecoin's new support follows the token being added to the Near Protocol 11 days ago.

Tether Reveals USDT Stablecoin Is Now Supported by Polkadot

The price of Polkadot (DOT) is in a downtrend as the altcoin drops below the moving average lines. Today, the cryptocurrency value falls to the low of $6.82.

Polkadot Trades in a Narrow Range and Struggles with the $8 High

Cosmos

Bitcoin

A widely followed crypto analyst says he's still waiting for a clear point of view after Bitcoin's (BTC) recent price drop. Pseudonymous trader Altcoin Sherpa tells his 183,100 Twitter followers that BTC's price action is up and down at the moment. “BTC: Price is fractal, we're seeing this same price action – stairs up, elevator down.

Here's What's Next for Bitcoin, Cosmos, Polkadot and One Ethereum-Based Altcoin, According to Top Crypto Trader

Cardano

Avalanche

Solana

Macro guru and former co-head of hedge fund sales in equities and equity derivatives at Goldman Sachs, Raoul Pal, is previewing what type of altcoins could outperform the second-largest crypto asset by market after the Ethereum (ETH) merge.

These Altcoins May Outperform Ethereum Post-Merge, According to Ex-Goldman Sachs Executive Raoul Pal

Polkadot (DOT) is in an uptrend as the price breaks above the moving average line but is stuck below the 50-day line SMA. In other words, Polkadot is struggling below the $8.00 resistance zone.

Polkadot Is Stuck at the $8.00 High as Sellers Provide Stiff Resistance

A popular crypto analyst thinks Ethereum (ETH) competitor Polkadot (DOT) is looking bearish from a fundamental perspective. In a new YouTube video, the anonymous host of InvestAnswers tells his 444,000 subscribers that Polkadot's on-chain activity appears dismal, despite positive movement price-wise.

Analyst Issues Polkadot Warning Amid DOT Rally, Says Ethereum Rival Not Looking Good Fundamentally – Here's Why

Ethereum

Polygon

A trading robot with a reputation for outperforming the markets is sharing its newest portfolio allocations as most crypto assets seek to recover from an overall downtrend. Each week the Real Vision Bot conducts surveys to compile algorithmic portfolio assessments that generate a “hive mind” consensus.

Trading Bot Known for Beating Crypto Markets Chooses Ethereum, Polygon, Solana and Additional Blue-Chip Altcoin

Chainlink

Polkadot rose to a multi-week high to start the week, as price increased for a second straight day. The token briefly broke out of a key resistance point, during Monday's surge. Chainlink also moved to its highest point in nearly two weeks, with the token now trading nearly 13% higher in the last seven days.

Biggest Movers: DOT, LINK Rise to Multi-Week Highs on Monday

A popular analyst says he has his radar locked on a number of altcoins that are high on his list for accumulation including Ethereum (ETH) and Polkadot (DOT).

Analyst Says Ethereum, Polkadot and Four Additional Crypto Assets Are Top Altcoin Picks for Accumulation

Polkadot (DOT) is in a downtrend, but is fluctuating above the $6.80 support. Since August 28, the cryptocurrency has been fluctuating between $6.80 and $8.00 price levels. On August 24, buyers were rejected when they tried to break the $8.00 high.

Polkadot Consolidates Above $6.80 as It Battles the Resistance $8.00

Dogecoin

Shiba Inu

Uniswap

CNBC host Jim Cramer is advising investors to avoid meme assets and altcoins after the Federal Reserve announced further interest rate hikes. In a new Mad Money segment, Cramer says that investors should steer clear from meme tokens such as Dogecoin (DOGE) and Shiba Inu (SHIB).

CNBC's Jim Cramer Warns Investors Should Stay Away From Dogecoin, Shiba Inu and Over a Dozen Other Altcoins

Developing Web3 interoperability via cross-chain messaging has become a growing trend.

Polkadot Parachain Moonbeam Integrates Cross-Chain Messaging Protocol LayerZero

Algorand

Proof-of-stake (PoS) is widely considered as the future of cryptocurrencies. The post The Best Staking Coins appeared first on Bitcoin Market Journal.

The Best Staking Coins

Polkadot (DOT) is in a downtrend as the altcoin trades below its moving average lines. On August 24, the price of DOT retested the 50-day line SMA, but was rejected.

Polkadot Declines as It Retests Twice the $7.78 Resistance Level

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 Newly launched L1 chains today are beginning to more deeply integrate DeFi into their core strategies On Acala, a misstep in implementing a DeFi strategy spirals into a crisis for the parachain

Layer by Layer Issue 43: Canto, Dogechain, and Polkadot

While during the last week Polkadot, XRP and Dogecoin gained and other major cryptocurrencies slipped, it's also important to take into account what greatly influences the fluctuations of your coins of interest in general and in greater terms than mere weekly updates, understanding why you need to pay attention to everything related to your coins of choice, thus becoming able to foresee the future of certain cryptocurrencies, managing your investments wisely and always with a step ahead of anything that could surprise you.

Polkadot - Functioning, Evolution, Facing Covid-19

A trading robot that's garnered a reputation for outperforming the markets is unveiling its newest portfolio allocations as most cryptocurrencies try to recover from a week-long slump. Every week the Real Vision Bot conducts surveys while compiling algorithmic portfolio assessments that generate a “hive mind” consensus.

Trading Bot Known for Beating Crypto Markets Allocates to Solana (SOL), Cardano (ADA), and One More ETH Rival

The price of Polkadot (DOT) has resumed its downtrend as the price falls below the moving average lines.

Polkadot Gives Way Significantly and Holds Above $7.00

Hackers used an exploit to mint 1.28 billion aUSD tokens, prompting the stablecoin to lose its peg to the U.S. dollar.

Acala Exploit Causes Polkadot-Based DeFi Platform's Stablecoin to Drop 99%

2022 has been the year of broken stablecoins as a myriad of dollar-pegged crypto assets depegged from their dollar value this year. On August 14, the Polkadot-based stablecoin alpaca usd (AUSD) dropped below a U.S. penny in value, only to bounce back to the $0.95 region hours later.

Another Stablecoin Depegs From USD Parity, Polkadot-Based AUSD Loses 98% in Value

Acala Network, the decentralized finance hub of Polkadot, was breached and its stablecoin depegged from the dollar. The post Polkadot-based stablecoin aUSD depegs after Acala Network breach appeared first on The Block.

Polkadot-based stablecoin aUSD depegs after Acala Network breach

The price of Polkadot (DOT) is trading in the uptrend zone as it breaks above the moving average lines. The cryptocurrency has regained bullish momentum as it resumes its uptrend.

News for Polkadot Crypto (DOT)