Polkadot (DOT) has gained popularity in the cryptocurrency world due to its unique approach to interoperability and scalability. Despite its recent positive performance, technical analysis indicates the presence of a rising wedge pattern in its price chart, suggesting a potential downturn. As of the latest data, the price of DOT is down by -0.13%, trading
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The Ethereum price recently faced a downside correction from the $3,885 resistance zone, causing it to fall back below $3,800. This correction might lead to further downward movement towards the $3,720 mark. Despite starting the pullback after failing to clear the $3,880 resistance, Ethereum is still trading below $3,840 and the 100-hourly Simple Moving Average.
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During her testimony before the House Financial Services Subcommittee on Digital Assets, Nadine Chakar, the global head and managing director of DTCC Digital Assets, emphasized the advantages of tokenization. She highlighted the transformative potential of tokenizing real-world assets and how it could impact the US financial markets. Chakar pointed out DTCC’s essential role in modernizing
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Despite the longstanding dominance of centralized exchanges (CEXs) in the crypto trading industry, there has been a noticeable shift towards decentralized platforms. This shift is not only reflective of the evolving preferences of traders but also indicates a broader trend towards decentralization and security in the digital asset space. Market Sentiment Insights One of the
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