dot Archives - Coin Engineer

DOT Supply Controlled: Polkadot DAO’s Critical Decision

Yeliz Akmaca — Mon, 15 Sep 2025 10:30:15 +0000

Polkadot community takes a historic step as DOT token supply gets capped at 2.1 billion. This decision follows the approval of Referendum 1710, signaling a shift from the previous unlimited issuance model. Currently, 120 million DOT are minted each year without a cap, but the new framework ensures controlled emission. Consequently, scarcity and predictable supply will support long-term market stability.

Referendum 1710 and the New DOT Model

The Polkadot DAO confirmed that Referendum 1710 passed with 81% approval. The new model introduces a two-year reduction schedule for token issuance, starting every Pi Day (March 14). Under the existing 120M/year model, total DOT supply would reach approximately 3.4 billion by 2040. In contrast, Referendum 1710’s capped model predicts around 1.91 billion DOT by the same year.

This adjustment provides investors with predictability and scarcity, enhancing long-term confidence. Furthermore, the OpenGov framework allows token holders to submit proposals, vote, or delegate their voting rights, strengthening community-led governance.

DOT Price and Market Impact

DOT’s price decreased by 2.2% in the last 24 hours, reaching $4.32, while the token gained 9.8% over the past week. Polkadot’s market capitalization stands at $6.6 billion. The new capped supply is expected to create more predictable market dynamics, supporting long-term price stability.

Current DOT supply: 1.6 billion
Annual DOT issuance: 120 million
New maximum supply: 2.1 billion
Supply reduction cycle: Every two years

By implementing this cap, DOT gains scarcity and the Polkadot ecosystem secures long-term sustainability. Investors and crypto enthusiasts will closely monitor how this impacts the broader altcoin market.

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post DOT Supply Controlled: Polkadot DAO’s Critical Decision appeared first on Coin Engineer.

SEC Delays Decision On Polkadot ETF

Yigit Taha OZTURK — Fri, 25 Apr 2025 08:30:31 +0000

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to approve an exchange-traded fund (ETF) containing Polkadot’s native token. According to a filing on April 24, a final ruling on the Grayscale Polkadot Trust has been extended to June 11. The application was initially submitted by Nasdaq on February 24.

Grayscale joins around 70 other pending ETF filings, which include proposals for altcoins, memecoins, and crypto-based financial instruments. Bloomberg’s Eric Balchunas noted that asset managers are pitching ETFs for “everything from XRP, Litecoin, and Solana to Doge, 2x Melania, and more.”

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Launched in 2020, Polkadot is a layer-1 blockchain network. Its native token DOT was priced at $4.34 as of April 24, with a market cap of around $6.6 billion.

Grayscale’s ETF Vision Extends Beyond Bitcoin And Ethereum

Grayscale isn’t limiting its ETF ambitions to just Bitcoin (BTC) and Ethereum (ETH). It has also filed to launch funds for Solana (SOL), Litecoin (LTC), XRP, Dogecoin (DOGE), and Cardano (ADA).

As competition in the crypto investment space heats up, other asset managers like 21Shares are also awaiting approval for their Polkadot ETF.

A March report by Coinbase and EY-Parthenon revealed that over 80% of institutional investors plan to increase their crypto allocations in 2025. Still, analysts caution that demand for altcoin ETFs may lag behind interest in major crypto assets like Bitcoin and Ethereum.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post SEC Delays Decision On Polkadot ETF appeared first on Coin Engineer.

21Shares Updates Polkadot (DOT) ETF Filing!

Yigit Taha OZTURK — Wed, 16 Apr 2025 08:30:34 +0000

21Shares has submitted an updated S-1 filing to the U.S. SEC for its proposed spot Polkadot (DOT) exchange-traded fund (ETF), signaling continued institutional interest in crypto investment vehicles.

SEC Filing Updated on March 6

The new filing, dated March 6, updates the original application submitted on January 31. It may have been revised to address SEC feedback or to include additional information.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

21Shares isn’t alone in its ambitions. Grayscale submitted its own Polkadot ETF application to the SEC via Nasdaq on February 25. These filings highlight a growing race among asset managers to secure crypto ETF approvals.

Meanwhile, DOT continues to trade around $4.50, maintaining a crucial support zone at $4. On the weekly chart, DOT appears to be forming a falling wedge pattern — a potential bullish reversal signal. A breakout above the $10 level would confirm the pattern and could trigger a strong rally. However, falling below $4 would invalidate the setup and may lead to a drop to $3.60.

Polkadot 2.0 Launch Adds Momentum

In addition to the ETF developments, investors are closely watching the anticipated Polkadot 2.0 upgrade, expected in Q1 of 2025. The upgrade aims to significantly boost the network’s scalability and developer experience. A testnet version is already available via the Kusama network.

The post 21Shares Updates Polkadot (DOT) ETF Filing! appeared first on Coin Engineer.

SEC Reviewing 21Shares’ Poldakot ETF Application!

Yigit Taha OZTURK — Fri, 21 Mar 2025 13:30:05 +0000

The U.S. Securities and Exchange Commission (SEC) has officially acknowledged the filing from 21Shares for a spot Polkadot ETF, marking a significant step for the cryptocurrency industry. The news has sparked interest among investors and Polkadot (DOT) enthusiasts, as this move could expand investment opportunities for DOT and other cryptocurrencies.

Why Is This A Big Deal?

The SEC’s recognition of 21Shares’ Polkadot ETF application is not just a procedural step—it signals the growing regulatory acceptance of cryptocurrencies as a viable investment. Here’s why this is important:

Validation of Polkadot: By considering Polkadot for a regulated investment product, the SEC acknowledges its importance in the crypto space.
Mainstream Access to Polkadot: A spot Polkadot ETF would provide easier, regulated access to the Polkadot network, potentially driving further adoption.
Setting a Precedent: Approval of this ETF could open doors for other altcoin ETFs, making it easier for investors to access a variety of digital assets.
Institutional Interest: Many institutional investors prefer ETFs, so this filing could lead to increased institutional interest in Polkadot.

Spot ETF vs. Futures ETF: Why Spot Matters

A spot ETF directly holds the underlying asset—Polkadot tokens (DOT)—while a futures ETF tracks the future price of the asset, which can diverge from the spot price. Investors typically prefer spot ETFs for direct exposure to the underlying asset, as they offer a straightforward investment vehicle.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Potential Benefits of a Polkadot ETF

Introducing a Polkadot ETF could benefit both investors and the wider Polkadot ecosystem:

Simplified Investment: A Polkadot ETF would eliminate the complexities of buying, storing, and securing Polkadot directly, making it more accessible to traditional investors.
Increased Liquidity: An ETF could bring more investors into the market, increasing liquidity and trading volume for Polkadot.
Regulatory Confidence: Investing in a regulated ETF provides a sense of security and compliance that many investors seek compared to holding crypto assets directly.
Wider Adoption: An ETF would potentially increase awareness and adoption of Polkadot.

The SEC’s approval to review the Polkadot ETF application is a major milestone for the crypto industry. It signals a possible shift in regulatory perceptions and sets the stage for further adoption of Polkadot and other cryptocurrencies in traditional investment markets.

The post SEC Reviewing 21Shares’ Poldakot ETF Application! appeared first on Coin Engineer.

Grayscale Files for Polkadot ETF, Expanding Its Portfolio

Yigit Taha OZTURK — Tue, 25 Feb 2025 16:30:43 +0000

Crypto asset management company Grayscale, following its moves for XRP and Cardano ETFs, has now filed for an ETF based on Polkadot‘s DOT token. This filing comes after the SEC adopted a more crypto-friendly approach towards the digital asset industry.

Grayscale Expands Its Portfolio with Polkadot ETF Filing

Grayscale has filed a request through Nasdaq to list and trade shares of the Grayscale Polkadot Trust (DOT). The filing starts a 45-day review period during which the SEC will assess the application. The SEC can approve, reject, or extend the review period.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Grayscale had previously offered bitcoin and ether ETFs and has now filed to convert its XRP Trust into an ETF. Additionally, it filed for a spot Cardano ETF. These filings come at a time when the SEC has adopted a friendlier stance toward the digital asset space, particularly after it dropped several crypto-related investigations, including those targeting platforms like Robinhood and OpenSea.

Polkadot’s Status and Grayscale’s Role in the Market

Grayscale has never offered a standalone product for Polkadot until now. With this filing, it follows 21Shares, which filed for a spot Polkadot ETF with the SEC last month.

At the time of writing, Polkadot‘s DOT token is trading at $4.4, having lost 6.7% of its value in the last 24 hours, amid a broader downturn in the cryptocurrency market.

The post Grayscale Files for Polkadot ETF, Expanding Its Portfolio appeared first on Coin Engineer.

The Latest on Bitcoin and Cryptocurrencies: 3 January

Yigit Taha OZTURK — Fri, 03 Jan 2025 10:45:02 +0000

What’s the Latest in Bitcoin and Popular Altcoins? Will the Uptrend Continue? We’ve analyzed the key support and resistance levels, liquidations, top gainers and losers, upcoming events, and more for you!

Bitcoin Intraday Key Levels

The BTC/USDT pair has dropped 0.15% in the last 24 hours and is currently trading at $96,422. Bitcoin (BTC) experienced a minor correction after reacting from the previously identified $97,362 resistance. If the upward trend continues, the resistance level remains at $97,362, while the support levels are at $94,703 and $93,138.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Ethereum (ETH): The ETH/USDT pair has decreased by 0.58% in the last 24 hours and is trading at $3,438. Resistance levels for ETH are at $3,440 and then $3,535, while support levels are located at $3,290 and $3,217.

Cardano (ADA): The ADA/USDT pair has gained 11.21% in the last 24 hours and is currently trading at $1.05. Resistance levels for ADA are at $1.06 and $1.12, while support levels lie at $0.0997 and, if the drop deepens, $0.0995.

Gala (GALA): The GALA/USDT pair has risen by 5.35% in the last 24 hours and is trading at $0.040. Resistance levels for GALA are $0.041 and $0.047, while support zones are at $0.038 and $0.036 in case of further declines.

Polkadot (DOT): The DOT/USDT pair has increased by 2.81% in the last 24 hours and is trading at $7.49. Resistance levels for DOT are at $7.58 and $7.79, while support areas are $7.01 and $6.85 if the decline deepens.

Trending Coins

In the last 24 hours, trending coins in the crypto market include Akuma Inu (AKUMA), Virtuals Protocol (VIRTUAL), and Simon’s Cat (CAT). Among the top gainers are SPX6900 (SPX), UXLINK (UXLINK), and Snek (SNEK), while the biggest losers are Freysa AI (FAI), AI Rig Complex (ARC), and Zerebro (ZEREBRO).

Bitcoin Liquidation Map

Looking at the 12-hour liquidation map of Bitcoin, significant liquidation levels are noted at $97,314 with $21.90 million above and $95,645 with $27.40 million below.

The post The Latest on Bitcoin and Cryptocurrencies: 3 January appeared first on Coin Engineer.

Bitwise Files for 10 Crypto Index Fund ETF with the SEC

Yigit Taha OZTURK — Thu, 28 Nov 2024 10:30:18 +0000

Digital asset management firm Bitwise has filed for an exchange-traded fund (ETF) based on its existing 10 Crypto Index Fund (BITW). NYSE Arca submitted the application on November 15 to list the fund. According to the filing submitted to the SEC on November 27, the fund will provide investors with indirect exposure to major cryptocurrencies, with the assets securely held by a designated custodian.

The Bitwise 10 Crypto Index Fund is heavily weighted towards Bitcoin (75.14%) and Ether (16.42%), alongside other major assets, including Solana (SOL), Ripple (XRP), Avalanche (AVAX), Chainlink (LINK), Cardano (ADA), Bitcoin Cash (BCH), Uniswap (UNI), and Polkadot (DOT). The fund’s total assets under management (AUM) stand at approximately $1.4 billion.

The filing specifies that the fund will exclusively hold portfolio assets and cash, expressly disclaiming ownership of any other digital assets. Coinbase Custody has been named as the partner for the crypto components, while Bank of New York Mellon will act as the custodian for the cash holdings.

This move is part of Bitwise’s active strategy in the evolving crypto space. Recently, the firm rebranded its European XRP ETF to Bitwise Physical XRP ETP and filed for a spot Bitcoin and Ether ETF on November 26. Additionally, on November 20, Bitwise submitted a filing for a spot Solana ETF in Delaware.

The SEC has yet to determine a timeline for approval or rejection of the application. However, the growing number of pro-crypto politicians and policies in the U.S. indicates a potentially more favorable regulatory environment for cryptocurrencies in the near future.

The post Bitwise Files for 10 Crypto Index Fund ETF with the SEC appeared first on Coin Engineer.

DOT Coin Price Analysis: Will It Continue to Rise?

Orhan — Sat, 23 Nov 2024 19:00:03 +0000

Polkadot (DOT) is an innovative blockchain protocol that enables interoperability between blockchains. Developed in 2016 by Gavin Wood (a co-founder of Ethereum), Polkadot facilitates the transfer of data and assets by connecting different blockchains. The primary goal of DOT is to make the blockchain ecosystem more scalable, flexible, and secure.

DOT Price Analysis!

We observe that funds are starting to flow back into established and longstanding projects, and DOT is one of them. For DOT to continue its upward trend, it first needs to break the $9.1 resistance level.

On the other hand, in the event of a pullback, the $7.70 and $6.32 levels emerge as significant support points. Maintaining these levels is critical for the price to recover.

The post DOT Coin Price Analysis: Will It Continue to Rise? appeared first on Coin Engineer.

Coinbase to Launch Futures for Popular Altcoins Including DOT, SHIB, XLM, AVAX, and LINK

Tanju Akbıyık — Sat, 29 Jun 2024 12:00:22 +0000

Giant cryptocurrency exchange Coinbase wants to increase the range of derivatives it offers by include futures products linked to well-known cryptocurrencies. Based on its website, the company turned in five fresh files with the Commodity Futures Trading Commission (CFTC) for futures involving DOT, SHIB, XLM, AVAX, and LINK. These goods are scheduled for trade on or after July 15.

This Might Interest You: European Union Enforces Crypto Law MiCA

“With the addition of AVA, LNK, DOT, XLM, and SHB, our participants and their clients gain more access points to manage risk, speculate on price moves and participate in the cryptoeconomy with reduced upfront capital requirements,” Coinbase said in a Friday statement. The trade stressed that this development diversifies its product range and improves the whole trading experience for its customers.

With $11.1 billion of market value among the five tokens, AVAX is the most valuable. AVAX was trading at $28.42 at the time of publishing, up 1.16% over the previous 24 hours. With a market value of $10.1 billion, SHIB was trading at $0.00001705, a 1.54% drop in the same time, according to CoinMarketCap.

These futures products let traders control risk and gamble on market swings with less initial cash needed. This action by Coinbase is considered as an attempt to provide more varied investment possibilities within the cryptoeconomy, therefore drawing a larger spectrum of players to its platform.

Click here to get the latest news from Coin Engineer!

The post Coinbase to Launch Futures for Popular Altcoins Including DOT, SHIB, XLM, AVAX, and LINK appeared first on Coin Engineer.

Hong Kong’s Largest Crypto Exchange Lists Surprise Altcoin!

admin — Wed, 08 May 2024 13:00:59 +0000

HashKey, a licensed cryptocurrency exchange in Hong Kong, has announced the listing of Toncoin (TON) for professional investors.

Positive developments continue in Hong Kong, which is taking important steps towards becoming a cryptocurrency hub.

In this context, HashKey, the first licensed cryptocurrency exchange in Hong Kong, is making altcoin listings for professional investors, and the latest listing is for Toncoin (TON).

Haskey announced that TON trading will start on May 09 and made the following statement:

“We are excited to announce that Toncoin will be listed on HashKey Exchange, a licensed virtual asset exchange in Hong Kong.

The listing information and schedule for TON are as follows:

TON deposit and withdrawal transactions are currently open.

TON trading is scheduled to open on May 09, 2024 at 16:00 (UTC+8).

The listed trading pair will be TON/USD, and this trading pair will only be available to professional investors.”

HasKey has listed many altcoins before. In this context, the exchange announced that it had listed altcoins such as Chainlink (LINK), Aave (AAVE), Cosmos (ATOM), Lido DAO (LDO), Maker (MKR), Polkadot (DOT), Litecoin (LTC) and Compound (COMP) in previous months.

Currently, BTC/USD, ETH/USD, USDT/USD, AVAX/USD, UNI/USD, LINK/USD, LDO/USD, ATOM/USD, AAVE/USD, MKR/USD, DOT/USD, COMP/USD, RNDR/USD, DYDX/USD, LTC/USD, OP/USD pairs are listed.

The post Hong Kong’s Largest Crypto Exchange Lists Surprise Altcoin! appeared first on Coin Engineer.