In a bearish environment, traders latch on to every bit of negative news and make that a an excuse to sell.Read more
Digital currency asset managers Grayscale has announced the addition of 13 new crypto projects to their list of assets under consideration, including newer chains like Polygon (MATIC) and Solana (SOL).Read more
The U.S. Federal Reserve updated their inflation expectations for this year from 2.4% in March to 3.4% in their latest meeting that concluded on June 16. To tame inflation, the Fed plans to undertake two rate hikes before the end of 2023.
This news has boosted the U.S.
Bitcoin’s price (BTC) turned down from just above the $41,000 mark on June 15, suggesting that traders are halting their purchases at higher levels. Traders seem to be hesitant to take large bets until the U.S.Read more
Polkadot’s Kusama council passed Motion 310 on Tuesday, confirming the start of the first slot auction on the Kusama network.Read more
Polkadot (DOT) witnessed massive upside moves in the previous daily sessions as traders assessed the cryptocurrency’s entry into the United States-based digital assets trading platform, Coinbase Pro, and the upcoming auctioning of parachain slots atop Polkadot network’s testbed version,Read more
Porsche unveils NFT subsidiary
German sports car giant Porsche has drifted into the nonfungible token (NFT) market, with a June 14 announcement revealing the launch of an NFT collectible startup dubbed Fanzone.
Bitcoin (BTC) has risen above the psychological resistance at $40,000 following a series of positive news flow over the past week.Read more
Coinbase is preparing to list Polkadot’s DOT cryptocurrency.
The exchange is allowing deposits as of today, Monday, June 14. Trading will begin on Wednesday, June 16.
DOT is a top-ten token, making it a major addition to the exchange.
Korean blockchain tech company, XPOP, is launching a new non-fungible token (NFT) marketplace with a focus on entertainment.
The new XPOP entertainment NFT marketplace is based on the Polkadot blockchain. The marketplace will go live by the end of June.