Polkadot's price jumped 11.35% after its dotUSD stablecoin proposal received 97.5% governance approval, promising $5 million liquidity and expanding DOT's utility. However, the price hit strong resistance at $1.282, triggering profit-taking and a retracement driven by aggressive futures sellers and significant long liquidations, especially on Binance. Despite this short-term pullback, technical indicators like MACD remain bullish, with key support levels at $1.044 and $0.946 that could determine the next price move.
The VVV cryptocurrency jumped 55.9% in 24 hours to $27.86, standing out in an otherwise steady crypto market where Bitcoin gained just 1%. This surge highlights growing investor interest in smaller altcoins despite Bitcoin's dominant 58.4% market sha...
Venice Token surged 32.29% to $24.92, boosting its market cap to $1.19 billion, driven by its recent listing on a major exchange which attracted strong investor interest. Other notable gainers included Polkadot, Cosmos Hub, Ethereum Classic, and VeCh...
Polkadot's community overwhelmingly supports Referendum #1944 to create dotUSD, a new US dollar-pegged stablecoin backed primarily by DOT tokens. The proposal includes $5 million in initial liquidity split between USDT and DOT to enable minting and l...
Polkadot's token price jumped up to 20% driven by a short squeeze, increased on-chain activity, and governance proposals that could reduce token supply. Traders are pricing a 58% chance of a Federal Reserve rate hike next week, which contrasts with B...
Polkadot (DOT) saw a 14% price increase, driven by a 13% rise in Open Interest to $203 million and increased network activity, including a jump to over 13,800 transactions and 2,700 daily active users. While positive funding rates indicate bullish se...
