Polkadot (DOT) Attempts to Reclaim Crucial Resistance Level

Polkadot (DOT) made an unsuccessful attempt at reclaiming the $15 resistance level on July 26. Sponsored Sponsored However, DOT appears to be trading inside a bullish pattern, from which a breakout is expected. This could cause a reclamation of the aforementioned $15 resistance area. DOT attempts to reclaim range DOT has been moving downwards since … Read more

DOT, ANKR and REEF – Indecision Looms Large Within DOT Ecosystem

Polkadot (DOT) has been increasing since May 23 and is trading inside a symmetrical triangle. Ankr (ANKR) & Reef Finance (REEF) are both trading inside descending parallel channels. Sponsored Sponsored DOT DOT has been increasing since May 23, when it reached a low of $13.73. Since then, it has been trading inside a symmetrical triangle, … Read more

Polkadot-Based Pontem Raises $4.5M to Allow Devs to Build for Facebook’s Diem

Pontem, a framework for decentralized applications (dApps) on Facebook’s Diem project, has raised $4.5 million through a seed round, led by Mechanism Capital and Kenetic Capital. The network was initially set up to act as a bridge between cryptocurrency and the Diem Blockchain by Facebook. In theory this would act as an intermediary between the … Read more

Banking App Current Teams Up With Acala for DeFi Debut on Polkadot

Banking app Current has announced a collaboration with Acala, a decentralized finance (DeFi) platform build on the Polkadot (DOT) blockchain.  New York-based bank Current was created to provide services to Americans overlooked by traditional banks. This morning, Current announced a partnership with Acala, a DeFi platform built on the Polkadot blockchain network.  Current states that … Read more

Polkadot Incorporates PARSIQ to Create Complex Automation and Workflows

The addition will allow users to receive transaction alerts through the platform.  The Polkadot (DOT) Relay Chain has announced the integration of PARSIQ’s smart triggers. PARSIQ has also been integrated into Algorand (ALGO), Binance Smart Chain (BSC), Celo, Dash, and Solana (SOL).   The announcement on PARSIQ’s official Twitter account for the launch said that users … Read more

Polkadot-Based Equilibrium Raises $8.5M in DOT With PLO Drive

Equilibrium is looking towards its two-phase parachain lease offering (PLO) system for fundraising. Equilibrium will use the PLO to gain a Polkadot (DOT) parachain slot, but only once they acquire a minimum of 1 million DOT ($37 million, at press time). The decentralized finance protocol (DeFi) closed a Series A funding round worth $2.5 million, … Read more

DeFi Index Reaches New ATH — Will DOT Follow Suit?

Polkadot (DOT) has been moving upwards, since bouncing at the $28.30 support area on April 23. DOT is expected to continue moving upwards and eventually reach a new all-time high price. Daily DOT Movement DOT has been moving downwards since April 1, when it had reached an all-time high price of $48.36. The same day, … Read more

OMG Pumps Ahead of Listing, DOT and ARDR Aim for New Highs

OMG Network (OMG) has broken out from a long-term horizontal resistance area. Polkadot (DOT) has reclaimed the $41.50 resistance area and is heading for a new all-time high (ATH) price. Ardor (ARDR) has broken out from the long-term $4.35 resistance area. OMG network (OMG) After numerous unsuccessful attempts, OMG managed to finally break out above … Read more