Polkadot Price Prediction: DOT awaits trigger for 30% gains
Polkadot price recently sliced through a critical supply barrier, indicating a resurgence of buying pressure. DOT is likely to experience another leg-up if this momentum continues to hold, which could even retest the all-time high in a highly bullish case. Polkadot price has been on an exponential rise over the past week and shows that more is on its way.
Chainlink VRF integration to allow NFT airdrops, while LINK price eyes 100% advance
Chainlink price is anticipating a massive 100% upswing as it broke out of a critical resistance level. The adoption of oracle’s Verifiable Random Function (VRF) and price feeds soars higher. A breakdown of the $23.89 support level will invalidate the bullish thesis.
70% of Salvadorans opposed to Bitcoin Law as Sep. 7 implementation draws near
The majority of El Salvadorans are skeptical of the country’s impending Bitcoin Law, with 90% of locals describing their understanding of crypto as poor or non-existent. With less than a week to go before El Salvador's Bitcoin Law takes effect on Sept. 7, a majority of citizens surveyed are opposed to government-mandated cryptocurrency adoption.
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Bitcoin price teased its all-time high of $73,777 last week but declined to trade below $69,000 on Monday. Analysts suggest that market volatility is expected to rise as the US presidential election approaches.
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Litecoin breaks and closes below an ascending trendline, signaling a change in market structure. On-chain metrics paint a bearish picture, as LTC’s dormant wallets are active, and the NPL indicator shows a negative spike.
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Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) all faced resistance at crucial levels ahead of the US Elections, leading to a price decline. As of Monday, they neared key support levels, and a firm close below these marks could signal further declines.
21Shares files S-1 for XRP ETF amid ongoing tension between Ripple and SEC
21Shares filed an S-1 registration with the Securities and Exchange Commission (SEC) on Friday for an XRP exchange-traded fund (ETF). While the chance of approval is slim with the current SEC administration, the landscape could change after the upcoming elections.
Bitcoin: New all-time high at $78,900 looks feasible
Bitcoin price declines over 2% this week, but the bounce from a key technical level on the weekly chart signals chances of hitting a new all-time high in the short term. US spot Bitcoin ETFs posted $596 million in inflows until Thursday despite the increased profit-taking activity.
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