Polkadot’s DOT token slid nearly 5% in the past 24 hours, despite the network’s community approving a landmark governance proposal that reshapes its tokenomics. On Sept. 14, the team confirmed via X that the community had passed the “Wish for Change” proposal, which sets a hard cap of 2.1 billion DOT. The move ends Polkadot’s…
Polkadot is moving to reposition itself in the current bull market by introducing a dedicated unit to bridge its ecosystem with institutional capital. On Aug. 19, the network announced the launch of Polkadot Capital Group, a capital markets-focused division designed to attract Wall Street investors and build stronger ties with traditional finance. According to the…
Tuttle Capital has filed an amendment to shift the effective date for a series of crypto and meme-related leveraged exchange-traded funds (ETFs) to July 16. This move, first reported by Bloomberg’s ETF analyst Eric Balchunas on July 1, could signal the imminent launch of 10 new leveraged funds. These ETFs are poised to offer double…
A new proposal within the Polkadot ecosystem is pushing for the creation of a Strategic Bitcoin Reserve. According to the proposal, the plan involves converting 500,000 DOT, valued at around $2 million, into Threshold Bitcoin (tBTC), a wrapped version of Bitcoin secured through threshold cryptography, which ensures decentralization and non-custodial management. Polkadot’s Bitcoin proposal Before…
