Polkadot (DOT) Struggles to Hold Support After Breakdown – BeInCrypto

Polkadot (DOT) is attempting to hold on above a long-term support area at $19.
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There are currently no bullish reversal signs in place. In addition, DOT has broken down from its short-term pattern, further adding to the bearish sentiment.

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

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.
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DOT has been increasing since May 23, when it reached a low of $13.73.

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

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.

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BIC’s Video News Show: Top 4 NFT Gems for June – BeInCrypto

In this episode of the BeInCrypto video news show, host Jessica Walker takes a look at its June picks for the altcoins behind some up-and-coming non-fungible token (NFT) platforms. We will introduce each platform and analyze recent price movements.

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Popularity and Move Towards PoS Coins Intensify, Report – BeInCrypto

Coinshares has released a brief synopsis of the investment inflows and outflows in popular ETPs, mutual fund and OTC trusts, referencing all major digital assets.
While the crypto market experienced some volatility last week, ethereum’s (ETH) market share rose to an all-time high of 27%.

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Polkadot (DOT) Bounces and Attempts to Initiate a Bullish Reversal – BeInCrypto

Polkadot (DOT) has been moving downwards since May 15, when it reached an all-time high of $49.78.
While it has temporarily halted the decrease with a significant bounce, the bullish reversal is not confirmed yet.
Polkadot drops after all-time high
Polkadot has been decreasing since May 15.

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

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.

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Polkadot Incorporates PARSIQ to Create Complex Automation and Workflows – BeInCrypto

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).

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Australian Elite Get on Crypto Train as Digital Assets Go Mainstream – BeInCrypto

Blockchain technology company DigitalX has revealed that demand for cryptocurrency is increasing in Australia.
Reports indicate that some of the country’s wealthiest families have been buying up digital assets.

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

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).

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