Grayscale Investments has officially filed for a Polkadot (DOT) exchange-traded fund (ETF), marking another step in its push to bring crypto assets into mainstream financial markets. Eric Balchunas, senior Bloomberg ETF analyst, confirmed the filing, highlighting Grayscale’s continued expansion into regulated investment products.
$DOT latest information! Here is the technical analysis of Polkadot (DOT) with a price of $7,657 on the 4-hour timeframe:
Technical Analysis
1. Trend: Neutral/Bullish on the 4-hour timeframe and Bullish on the daily timeframe. 2. Moving Average: EMA 21 ($7.51) and SMA 50 ($7.35) indicate an uptrend. 3. Oscillator: Stochastic %K (14, 3, 3) indicates oversold conditions (25.6). 4. Pivot: Support level at $7.40 and resistance level at $8.00. 5. RSI (14): 47.9 (neutral).
1. Monitor price movements and technical indicators in real-time. 2. Set stop losses and take profits to manage risk. 3. Diversify your portfolio to reduce dependence on a single asset. 4. Pay attention to Polkadot news and project developments.
Please note that this technical analysis is not an investment recommendation. Be sure to do your own research and consult a financial expert before making a decision.
BREAKING: $HBAR Federal Reserve integration to expand partnership with $XRP to enable RLUSD payments
After Hedera successfully integrated into the US Federal Reserve’s FedNow payment system via dropp, there could be an expansion of the integration soon.
Ripple USD (RLUSD) is a stablecoin cryptocurrency that aims to mimic the US dollar and is designed for fast and cheap payments.
This further indicates an upcoming interoperability layer between HBAR and XRP, but also previously reported collaboration on global standards for CBDCs and stablecoin settlements.$HBAR
Hello everyone! I'm comeback. I already told all of you about DOT 6 months ago that DOT will be strong alive again. Now DOT is comeback to uptrend...😁😁😁#DOT/USDT
$HBAR Hedera’s Q3 Achievements: Record Revenue and Network Growth
Hedera performed strongly in Q3 with record revenue and network growth. Despite a 21% drop in HBAR market cap and a 20% drop in price in Q3, Hedera managed to achieve a record revenue of 27 million HBAR, an 85% increase from the previous quarter. Revenue in US dollars also rose 10% to $1.6 million, making it the second highest revenue quarter in USD terms. Hedera’s Consensus Service was the main contributor, with revenue increasing 94% and accounting for 89% of the network’s total revenue. Staking activity also remained strong, with 22.3 billion HBAR staked, representing 59% of the circulating supply. The total value locked (TVL) in HBAR increased 9%, indicating that the USD decline was primarily due to HBAR price depreciation rather than capital outflows.
Some analysts predict that the price of HBAR will continue to increase in the future. Wallet Investor predicts that the price of HBAR will reach $0.158 in 2029. Changelly predicts that the price of HBAR will reach $0.1315 in 2024. Tech News Leader predicts that the price of HBAR will reach $0.1307 in 2024. Conclusion HBAR is an interesting cryptocurrency with significant growth potential in the future. The Hedera Hashgraph platform has robust and scalable technology, and an experienced development team. HBAR also has a strong and active community. Despite some risks, HBAR can be a profitable investment in the future.
HBAR: Skyrocketing, Will It Continue to Skyrocket in the Future?
Hedera Hashgraph HBAR14.31%-> has shown significant growth over the past few years. In the third quarter of 2023, HBAR saw a surge in transaction volume marking five consecutive quarters of growth. This article will discuss the potential of HBAR as a future investment, combining information from the two articles you provided. HBAR: An Overview Hedera Hashgraph is a decentralized platform that uses hashgraph technology to achieve fast and secure consensus. The platform is designed to support a wide range of applications, including micropayments, Internet of Things (IoT), and decentralized finance DEFI1.90%->.
Wow! Vitalik Buterin Sells Thousands of Ethereum, Will ETH Price Fall?
Ethereum, one of the largest crypto assets, is back in the spotlight after its co-founder, Vitalik Buterin, continued to sell thousands of ETH. This big move has affected the price of ETH which has dropped from the previous price resistance. Analysts and investors are now worried, will Buterin's sale affect the value of Ethereum in the future? Vitalik Buterin Continues to Sell Ethereum in Large Amounts Vitalik Buterin, one of the founders of Ethereum, has been continuously selling his ETH holdings in recent weeks.
Based on the above factors, some analysts predict that the XRP price could reach $0.70 by October 2024. However, it is important to remember that these predictions are not always accurate, and the XRP price may move in different directions. The price of XRP in October 2024 will be influenced by various factors, including regulatory developments, institutional inflows, and technical indicators. Analysts predict that the price of XRP could reach $0.70, but it is important to do your own research before making any investment decisions.
XRP (Ripple) price showed positive performance in late September 2024, with a 6% increase. However, what are the prospects in October? This article will discuss the factors that can affect the price of XRP, including regulatory developments, institutional inflows, and technical indicators. Factors Affecting XRP Price
Several factors could affect the price of XRP in October 2024: 1. Regulatory Developments: The Ripple vs. SEC case is still ongoing, and the outcome could have a significant impact on the price of XRP. If Ripple wins the case, the price of XRP is expected to surge. Conversely, if the SEC wins, the price of XRP could fall.
2023-2024 Price Pattern Shows Potential for ETH Surge
One strong reason supporting the IDR151,250,000 ($10,000) target for Ethereum is the similarity of the current price pattern to the pattern between January 2023 and March 2024. Based on analysis by Julien Bittel, head of macro research at Global Macro Investor, the pattern shows Ethereum price consolidation between IDR22,687,500 ($1,500) and IDR30,250,000 ($2,000) before surging to IDR53,937,500 ($3,500). Currently, Ethereum is in a similar consolidation phase, which could be a sign of a potential bullish breakout if the pattern continues. If the price continues to move in the same direction with the same momentum as the previous period, Bittel estimates that the target of IDR 151,250,000 ($10,000) could be reached before the end of the year.