Wednesday, December 18, 2024
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Bitcoin Price (BTC) Surges to 3-Month High as Chainlink (LINK), Polkadot (DOT), Polygon’s MATIC Prices Lead Cryptocurrency Bounce

The CoinDesk Bitcoin Trend Indicator BTI, which measures the directional momentum and strength in bitcoin's price action, switched to "significant uptrend" as BTC strengthened its footing above the $30,000 level, Todd Groth, head of research at CoinDesk Indices, noted. Original Source

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Zodia Custody to Work With Parity Technologies to Provide Custody Services for DOT Ecosystem

Together with Parity Technologies, the firm plans to provide custody for the Polkadot ecosystem, offering digital asset storage services for financial institutions. The two plan to offer staking of DOT, Polkadot's native token in order to further expand the network's reach among institutions. Source

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Polkadot 2.0 and the future of DOT, explained

The Polkadot network comprises three fundamental components that collectively form its intricate structure, including the Relay Chain, parachains and bridges. The Relay Chain lies at the core of the Polkadot ecosystem, functioning as the primary blockchain of the network. It helps to safeguard overall network integrity and facilitate communication

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BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

Bitcoin (BTC) led the cryptocurrency markets higher on Aug. 29 following Grayscale’s victory in the lawsuit against the United States Securities and Exchange Commission. However, the rally could not be sustained as analysts cautioned that the victory did not guarantee the approval of a spot Bitcoin exchange-traded fund.Still, the victory

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