Polkadot

Altcoins Shine Amidst Bitcoin Gloom: $LINK, $DOT, $ADA, $XRP Attract Investors’ Interest

Cryptocurrency investment funds saw investors withdraw a total of $206 million over the last week, marking the second consecutive week of outflows. However, altcoins, including $LINK, $DOT, $XRP, and $ADA, saw significant inflows. According to CoinShares’ latest Digital Asset Fund Flows report, cryptocurrency investment products focusing on multiple digital currencies saw $8.55 million of inflows […]

Crypto Investors Pull Back: $942 Million Leaves Investment Products After Market Correction, $XRP and $DOT See Inflows

Cryptocurrency investment products saw outflows totaling $942 million over the past week, after seven weeks of inflows that totaled more than $12 billion amid “hesitancy” among investors that came as a result of a recent cryptocurrency market correction. According to CoinShares’ Digital Asset Fund Flows report, trading volumes in exchange-traded products (ETPs) remained high over […]

Polkadot Price Prediction: DOT Could Plunge 20% After Bearish Signal, Analyst Says

A popular cryptocurrency analyst has recently suggested that Polkadot (DOT) could see its price drop by more than 20% from its current levels after pointing to a bearish signal showing on its price chart. In a post shared with their over 37,000 followers on the microblogging platform X (formerly known as Twitter), cryptocurrency analyst Ali […]

Altcoins Including ADA, BONK and DOT Outshine Bitcoin as Crypto Market Adds $60 Billion in a Day

Amid a wider cryptocurrency market rally that has helped the price of the flagship cryptocurrency Bitcoin (BTC) near $43,000, altcoins including Polkadot (DOT), BONK, and Cardano (ADA) have outperformed most other assets as the market added over $60 billion in market capitalization. The price of Bitcoin is, at the time of writing, trading at $42,900 […]

Cardano ($ADA) Maintains Lead in Crypto Development Activity, Outperforms Polkadot ($DOT) and Ethereum ($ETH)

The popular smart contract platform Cardano ($ADA) has maintained its top stop in cryptocurrency development activity after surpassing the “blockchain of blockchains” Polkadot ($DOT) and its public pre-production environment Kusama ($KSM). According to data from on-chain analytics firm Santiment, Cardano saw its development activity tower over other major cryptocurrencies, with Hedera ($HBAR) following Polkadot and […]

Polkadot ($DOT), Kusama ($KSM), and Cardano ($ADA) Lead the Crypto Development Race, Data Shows

The “blockchain of blockchains” Polkadot ($DOT) is currently the leading cryptocurrency network by development activity, and it’s followed by Kusama ($KSM), a public pre-production environment for it, and by smart contract platform Cardano ($ADA). That’s according to data from on-chain analytics firm Santiment, Polkadot has managed to maintain its position as the leading cryptocurrency in […]

Polkadot ($DOT), Kusama ($KSM), and Cardano ($ADA) Dominate in Crypto Development Activity, Data Shows

Polkadot ($DOT), a blockchain network often described as a “blockchain of blockchains,” has maintained its position as the leading cryptocurrency network by development activity, after surpassing Cardano ($ADA) earlier this year. According to data from on-chain analytics firm Santiment, Polkadot remains the leading cryptocurrency in terms of development activity, with Kusama (KSM) and Cardano (ADA) […]

Popular Crypto Analyst Explains His Current Altcoin Investment Strategy Involving $ADA, $DOT, and Others

Popular cryptocurrency analyst and YouTube personality Guy Turner, the host of Coin Bureau, has explained his current altcoin investment strategy in a recently published video, which involves investing in several altcoins, including Polkadot ($DOT), Cardano ($ADA), and others. In the recently shared video, Turner revealed that he plans to add to his portfolio the two […]

Polkadot ($DOT) and Cardano ($ADA) Maintain Crypto Development Activity Lead, Data Shows

Polkadot ($DOT), a blockchain network often described as a “blockchain of blockchains,” has maintained its position as the leading cryptocurrency network by development activity. It’s followed by its pre-production network Kusama and smart contract platform Cardano ($ADA). According to data shared by on-chain analytics firm Santiment, Polkadot’s development activity, along with that of its pre-production […]

Shiba Inu ($SHIB), Polkadot ($DOT), and More Added to Binance’s Proof of Reserves Verification System

The meme-inspired cryptocurrency Shiba Inu ($SHIB) and the native token of the “blockchain of blockchains” Polkadot ($DOT) have been added, along with other tokens, to Binance’s Proof of Reserves verification system. Binance’s Proof of Reserves system essentially allows users to verify through a cryptographic tool called a Merkle Tree to verify that the cryptocurrency has […]

$SHIB, $ADA, $DOT, and Others Added As Payment Methods at Dubai University via New Integration

The meme-inspired cryptocurrency Shiba Inu ($SHIB), the native token of smart contract platform Cardano ($ADA), and that of the ‘blockchain of blockchains’ Polkadot ($DOT) can now be used as payment method at a popular Dubai University, along with several other digital assets. According to a recently published announcement, prospective and current students at Canadian University […]

These Two Altcoins Could Outperform Wider Crypto Market Next Cycle, Analyst Says

A popular cryptocurrency analyst and influencer has recently revealed that, based on a report by Electric Capital, Polkadot ($DOT) and Cosmos ($ATOM) have the potential to outperform the wider cryptocurrency market over the next cycle. In a video Coin Bureau host Guy Turner shared with his over 2.2 million subscribers on the Google-owned video-sharing platform […]

Polkadot ($DOT) Becomes Top Crypto by Development Activity After Surpassing Cardano ($ADA)

Polkadot ($DOT), a blockchain network often described as a “blockchain of blockchains,” has recently become the leading cryptocurrency network by development activity after surpassing Cardano ($ADA). According to data shared by on-chain analytics firm Santiment, Polkadot’s development activity, along with that of its pre-production network Kusama, over the last 30 days was superior to that […]

Polkadot’s Q4 Report Highlights Web3’s Accelerated Growth & Innovation

The Polkadot ($DOT) network says it ended 2022 on a high, reporting multiple key developments that took place in the fourth quarter as well as strong developer momentum.  Polkadot, which is a multichain blockchain ecosystem that intends to serve as the foundation of Web3, took a key step in terms of boosting the decentralization and […]

Polkadot ($DOT) Sees Active Users Numbers Grow 300% Amid Crypto Market Rout

Polkadot ($DOT), a network that is often described as a “blockchain of blockchains” that allows users to launch and operate their own blockchain on top of the main Polkadot blockchain, has seen its active user numbers surge 300% amid an ongoing cryptocurrency market rout. According to data shared by Dot Insights, a project tracking the […]

Only Polkadot ($DOT) and Cosmos ($ATOM) Offer Higher Real Staking Yields Than Ethereum, Claims Bloomberg Report

According to a recent Bloomberg report, when it comes to staking yields, only two proof-of-stake (PoS) blockchains — Polkadot ($DOT) and Cosmos ($ATOM) — outdo Ethereum ($ETH). As The Daily Hodl reported on October 9, in the October 2022 edition of Bloomberg Intelligence’s Crypto Outlook report, analysts/strategists Mike McGlone and Jamie Douglas Coutts compared the […]

World’s Largest Banks Have Exposure to $DOT, $XRP, and $ADA, Study Shows

A recently published study by the Basil Committee on Banking Supervision (BCBS) has revealed that the world’s top banks have exposure to around $9 billion worth of cryptocurrencies, including Polkadot ($DOT), Cardano ($ADA), and $XRP. According to the study, titled “Basil II Monitoring report” from the Bank of International Settlements (BIS), the two largest cryptocurrencies […]

Groundbreaking Staking Yield Indices for $ADA, $SOL, $DOT, $AVAX, and $ATOM

Two of the leading companies in the crypto space — CryptoCompare and Blockdaemon — announced on Wednesday (September 28) that they have joined forces to deliver a groundbreaking family of institutional-grade staking yield indices for five of the most popular proof-of-stake (PoS) assets, thereby enabling institutions to gain off-chain exposure to staking yield. The CryptoCompare […]

Crypto Fund Managers Are Increasing Bets on $ADA, $DOT, and $XRP: Survey

Large investors managing approximately $200 billion worth of assets are moving away from the second-largest cryptocurrency Ethereum ($ETH) and are instead betting on three other altcoins: Cardano ($ADA), Polkadot ($DOT), and $XRP. That’s according to CoinShares’ Digital Asset Bi-Monthly Fund Manager Survey, which found that investors have been steadily moving away from Ethereum since March, […]

$ADA, $DOT, $AVAX, and $SHIB Lead Top 20 Cryptos With Double Digit Percentage Gains

As of 7:15 a.m. UTC on May 30, $ADA, $DOT, $AVAX, and $SHIB are leading the top 20 cryptoassets by market cap with double digit percentage again (vs USD) in the past 24-hour period. $SHIB is leading this group of four with a gain of 14.4%, and is followed by $ADA, $AVAX, and $DOT that […]

Institutional Investors Bet on Cardano ($ADA), Polkadot ($DOT) Amid Crypto Market Downturn

Institutional investors have turned to altcoins amid a wider cryptocurrency market downturn brought on by the collapse of the Terra ecosystem, with data showing investors are betting on Cardano ($ADA) and Polkadot ($DOT) specifically. According to CoinShares’ latest Digital Asset Fund Flows Weekly report, the ongoing volatility in the cryptocurrency space has led to “fickle […]

Polkadot ($DOT) and Cosmos ($ATOM) Go Head-to-Head in Latest Coin Bureau Episode

Popular crypto analytics and market commentary show Coin Bureau has examined the potential of competing blockchains Polkadot ($DOT) and Cosmos ($ATOM).  Speaking in a recent YouTube update, Coin Bureau host “Guy” told viewers that he has big expectations for both Polkadot and Cosmos as blockchains built for scaling and cross-chain interoperability.  Guy highlighted the demand […]

Coin Bureau Sees ‘A Promising Future’ for This Polkadot ($DOT) Parachain Project

Popular crypto analytics and market commentary show Coin Bureau recently explained why he is so bullish on a certain Polkadot-based altcoin. The project that the Coin Bureau host is excited about is EVM-compatible smart compatible platform Moonbeam ($GLMR), which went live on Polkadot on January 11, thereby becoming the first fully operational parachain on Polkadot ($DOT). Moonbeam is […]

Exclusive: 21Shares President on Huge Success of $SOL and $DOT Products and Why They Use CryptoCompare’s Price Data

Ophelia Snyder, co-founder and president at Switzerland-based firm 21Shares AG, which is considered one of the pioneers in issuing cryptocurrency exchange-traded products (ETPs), has revealed that some of its most successful products at launch were products offering exposure to Solana ($SOL) and Polkadot ($DOT). In an exclusive interview with CryptoGlobe during this year’s CryptoCompare Digital […]

21Shares Launches ‘World’s First Physically-Backed’ ETPs for $ADA, $SOL, and $DOT on SIX Swiss Exchange

On Thursday (March 10), Switzerland-based 21Shares AG, which is considered one of the pioneers in issuing crypto exchange-traded products (ETPs), announced launched seven new products (in CHF) on the SIX Swiss Exchange. SIX Swiss Exchange — previously known as SWX Swiss Exchange — which is based in Zurich is Switzerland’s main stock exchange. It also “trades […]

Uniswap ($UNI) Simplifies Giving Tokens to Ukraine, Polkadot Founder Donates $5.7 Million in $DOT

Leading decentralized exchange Uniswap ($UN) has created an interface that allows users to easily swap ERC-20 tokens on the Ethereum blockchain and donate them to the Ukrainian government in one single transaction. The Ukrainian government announced late last month it was accepting cryptocurrency donations as it faces a Russian invasion on several fronts. According to […]

Coin Bureau on Polkadot: ‘DOT Could Become One of the Top Cryptos of 2022’

The popular crypto analysis and market commentary show Coin Bureau is predicting that Polkadot ($DOT) could surprise investors as one of the best performing assets of 2022.  Here is an overview of Polkadot using information from the Polkadot website: “Polkadot is a network protocol that allows arbitrary data—not just tokens—to be transferred across blockchains. This means Polkadot […]

CoinShares Launches Staked Tezos ($XTZ) and Polkadot ($DOT) ETPs With Reduced Fees

Digital asset investment firm CoinShares has announced the launch of two new physically-backed exchange-traded products (ETPs), one for Tezos ($XTZ) and one for Polkadot ($DOT). Both ETPs are designed to share the rewards of staking their underlying assets with investors. According to an announcement, CoinShares’ new ETPs will be listed on Germany’s Xetra exchange. Both […]

Ethereum-Compatible Smart Contract Platform Moonbeam Goes Live on Polkadot ($DOT)

EVM-compatible smart compatible platform Moonbeam has gone live, becoming the first fully operational parachain on Polkadot ($DOT). What Is Polkadot ($DOT)? Here is an overview of Polkadot using information from the Polkadot website: “Polkadot is a network protocol that allows arbitrary data—not just tokens—to be transferred across blockchains. This means Polkadot is a true multi-chain application environment […]

Polkadot ($DOT) Is ‘Growing Faster Than Ethereum Did at Similar Points in Its History’

From the global economy slowly starting to come back to life, only for it to shut down once again in the wake of Omicron rearing its ugly head in 2021, the year has had crypto investors all over the globe on the edge of their seats. While last year did see Bitcoin ($BTC) and Ethereum […]

$DOT: Gavin Wood Talks About the Future of Polkadot in 2022

On Friday (31 December 2021), British computer scientist Dr. Gavin Wood, co-founder of Ethereum ($ETH), Polkadot ($DOT), and Kusama ($KSM), talked about “what the Polkadot project achieved over 2021” and what lies ahead in 2022. Here is an overview of Polkadot using information from the Polkadot website: “Polkadot is a network protocol that allows arbitrary data—not just tokens—to be transferred across blockchains. This means […]

Cardano ($ADA) Going to $10, Polkadot ($DOT) Going to $250, Says Crypto Analyst

Popular pseudonymous analyst and trader “Crypto Capo” (“@CryptoCapo_” on Twitter) says that in this bull cycle $ADA and $DOT, which are the native tokens of Cardano and Polkadot respectively, are headed to at least $10 and $250 respectively. On Wednesday (November 3), Crypto Capo told his over Twitter 191,000 followers that he is still bullish on […]

Polkadot ($DOT) in Price Discovery Mode After Breaking $51 To Set New All-Time High

On Monday (November 1), $DOT, the native token of smart contracts platform Polkadot, surged 20% to set a new all-time high. What Is Polkadot? Here is an overview of Polkadot using information from the Polkadot website: “Polkadot is a network protocol that allows arbitrary data—not just tokens—to be transferred across blockchains. This means Polkadot is a true multi-chain […]

Polkadot Co-Founder Gavin Wood Announces 18.9 Million $DOT Development Fund

Polkadot co-founder Gavin Wood has announced an 18.9 million DOT ($777 million) development fund just ahead of the network’s launch of the auctions for the initial batch of parachain slots.  Here is an overview of Polkadot using information from the Polkadot website: “Polkadot is a network protocol that allows arbitrary data—not just tokens—to be transferred across blockchains. […]

First Batch of Polkadot Parachain Slot Auctions Begins Next Month, $DOT Goes Parabolic

13 was definitely not an unlucky number for the Polkadot project as $DOT, its native token, surged over 20% today after we got confirmation that the first batch of parachain slot auctions will finally start next month. What Is Polkadot? Here is an overview of Polkadot using information from the Polkadot website: “Polkadot is a network protocol […]

‘$DOT Face Melting Season Will Come Soon’, Says Prominent Crypto Analyst

On Sunday (October 10), highly popular New Zealand based crypto analyst Lark Davis explained why he is currently so bullish on $DOT, which is the native token of Polkadot. What Is Polkadot? Here is an overview of Polkadot using information from the Polkadot website: “Polkadot is a network protocol that allows arbitrary data—not just tokens—to be transferred […]

Polkadot ($DOT) Could Reach New All-Time High After Launch of Parachain Slot Auctions

Popular crypto trading and market analysis show Coin Bureau claims a highly-anticipated milestone for Polkadot ($DOT) could push the asset’s price to a new high.  What Is Polkadot? Polkadot is a network protocol that allows arbitrary data—not just tokens—to be transferred across blockchains. This means Polkadot is a true multi-chain application environment where things like […]

$DOT, $ADA, $ETH Among Top Holdings of Successful Crypto Trading Hamster ‘Mr. Goxx’

Crypto trading hamster “Mr. Goxx” (named after the now-defunct Bitcoin exchange Mt Gox) is outperforming many traditional investors and accumulating fans from around the world, the latest being Tesla CEO Elon Musk, who says Mr. Goxx has “mad skillz”. According to a report by Business Insider, the trading office of Mr. Goxx, the CEO of […]

Polkadot ($DOT) Up 356% YTD, Analyst Says Could Reach $150 in ‘This Bull Cycle’

This article provides an overview of smart contracts platform Polkadot ($DOT) price action, news, and commentary by influencers, analysts, traders, and investors as of Tuesday (September 14). What Is Polkadot? Here is an overview of Polkadot using information from the Polkadot website: “Polkadot is a network protocol that allows arbitrary data—not just tokens—to be transferred across blockchains. […]

U.S. Lawyer on Chances of the U.S. SEC Going After $ADA, $DOGE, $DOT, and $UNI

An American lawyer who has been closely following the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against Ripple Labs over the sale of XRP tokens has weighed in on the fate of several other altcoins.  In a recent YouTube video, Jeremy Hogan, a partner at the law firm Hogan & Hogan, shared his […]

MVIS and CryptoCompare’s Digital Asset Index Family Now Supports $DOT, $SOL, and $TRX

On Thursday (July 1), MV Index Solutions GmbH (MVIS®) in partnership with CryptoCompare, a leading provider of digital asset data, announced the launch of institutional-grade price indices for three of today’s most popular cryptoassets: Polkadot (DOT) Solana (SOL), and TRON (TRX). These three products are the MVIS CryptoCompare Polkadot VWAP Close Index (ticker:MVDOTV), MVIS CryptoCompare Solana VWAP Close […]

Charles Hoskinson Explains Advantages of Cardano ($ADA) Over Polkadot ($DOT)

Recently, Charles Hoskinson, Co-Founder and CEO of IOHK, explained the key differences between Cardano ($ADA) and competing smart contract platform Polkadot ($DOT).  Hoskinson’s comments about Dogecoin were delivered during a conversation with MIT AI Researcher Lex Fridman on episode #192 of the “Lex Fridman Podcast“, which was released on June 16. As reported by The Daily HODL, Hoskinson said: […]

Polkadot Adoption Is ‘Real and Accelerating’, Says Blockchange Ventures, $DOT Up 15% After Coinbase Announcement

Recently, Ken Seiff, Managing Partner at crypto-focused venture capital firm Blockchange Ventures, shared his firm’s reasons for “being excited” by the Polkadot project. Below are some highlights from Seiff’s comments about Polkadot in an essay (titled: “Polkadot Analysis: June 2021”) that he published on June 9: “It enables interoperability among blockchains by providing a common […]

Ethereum and Polkadot Co-Founder Gavin Wood on the Kusama ($KSM) Parachain Auctions

Last week, British computer scientist Dr. Gavin Wood, co-founder of Ethereum ($ETH), Polkadot ($DOT), and Kusama ($KSM), talked about the upcoming rollout of Kusama’s parachain auctions. Here is how Wood started introducing Kusama in September 2019 at a presentation he gave at DOTCon0.5: “Kusama is what we have termed a ‘canary network’, a testnet that […]

Coin Bureau: Kusama ($KSM) Could Explode Following Parachain Slot Auction Launch

Recently, pseudo-anonymous crypto analyst and influencer “Coin Bureau” explained why he is so bullish on Kusama (KSM). Here is what the Kusama team say about the upcoming parachain slot auctions: The key to Kusama’s scalable multichain architecture, parachains connect to the network by leasing a slot on the Relay Chain via permissionless auction. As Polkadot’s […]

Crypto Analyst Looks at Price Action of $ADA, $ETH, $LINK, $DOT, and $AVAX

Popular crypto trader and analyst Benjamin Cowen has given a prediction for Cardano’s next price movement, in addition to four surging altcoins.

Chainlink Price Feeds Available as a Substrate Oracle Pallet, $DOT Sets New ATH

On Friday (April 2), the Polkadot ($DOT) team announced that Chainlink had made their price feeds available as a Substrate oracle pallet. Within less than 24 hours, Polkadot’s DOT token had broken through the $46 level, setting a new all-time high. According to Polkadot’s blog post, which was published yesterday (April 2), until now, there […]

Crypto Influencer Takes a Closer Look at Three ‘Promising’ Polkadot Projects

The pseudonymous host of Coin Bureau, a cryptocurrency strategist simply known as Guy, shared with his over 500,000 subscribers on YouTube his top three projects built on top of the Polkadot (DOT) network with growing potential. In the video, Guy pointed out he is keeping an eye on these three projects as these could soon […]