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Anthony Scaramucci, founder of SkyBridge Capital and former White House Communications Director, remains one of Bitcoin’s (BTC) most outspoken advocates. While Bitcoin remains Scaramucci’s largest holding, with over 50% of his portfolio allocated to BTC, he has also invested in Solana (SOL), Avalanche (AVAX), and Polkadot (DOT)—assets chosen primarily for their utility. Speaking on the Bankless podcast in early January, Scaramucci highlighted Solana as his top choice among layer-one blockchains, citing its speed and low transaction costs as key advantages.  Picks for you Is the S&P 500 about to surge by 20%? 12 mins ago What’s going on with the Euro vs. Dollar (EUR/USD)? 1 hour ago ...

After keeping a low profile for quite some time, Polkadot (DOT) was seen making a comeback. The price of the asset witnessed a major spike over the past week. DOT is up by nearly 7% throughout the last seven days. Earlier today, the altcoin was trading at a high of $4.52. But the asset saw a slight downtrend at press time and was trading at $4.42. Yet, its 24-hour price change remains at a positive 3.13%. Also Read: How High Will Dogecoin Rise If Donald Trump Wins? Polkadot’s Market Performance And Future Price Predictions Source Despite its latest spike, DOT remains a staggering 91% below its all-time high of $55. The Polkadot network’s daily trading volume saw an 18% spike, bringing the total to $153 million. Ali Martinez, a cryptocurrency expert, recently posted an optimistic, bullish X post for Polkadot. Martinez uses a resemblance between Fantom’s price action and Polkadot on the weekly chart to indicate the probability of a positive turnaround. In his forecast fo...

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Astar Network, a Polkadot parachain, has announced an NFT campaign to celebrate the mainnet release of Astar zkEVM, an Ethereum layer-2 chain powered by Polygon technology. Astar’s NFT campaign The Astar Network’s NFT campaign, scheduled for Q1 2024, aims to celebrate the launch of the Astar zkEVM mainnet, which was built utilizing the Polygon Chain Development Kit (CDK). The campaign draws inspiration from Astar Network’s Japanese roots by using the popular Japanese capsule machines and mechanisms to award random prizes. You might also like: Astar Network launches zKatana layer-2 scaling solution on public testnet To participate in this campaign , users are encouraged to explore the projects available on Astar zkEVM. The platform offers on-chain and off-chain quests, which users can complete to earn re...

Bitcoin continues to face strong resistance at $31,000 but supportive macroeconomic factors could tilt the advantage in favor of the bulls. Bitcoin (BTC) bulls are again having a go at the overhead resistance of $31,000. The bullish sentiment may get a boost from the United States inflation report, which showed signs of slowing down. Economists were expecting the year-on-year consumer price index to rise 3.1% but the June print came in at 3%. The month-on-month increase of 0.2% was also less than forecast. This suggests that the Federal Reserve’s rate hikes are having the desired effect. That may limit future rate hikes by the Fed. Supported by macroeconomic conditions, institutional investors seem to be turning positive on cryptocurrencies, especially Bitcoin. CoinShares report published on July 10 showed inflows of $136 million into digital investment products in the past week. That brings the total inflows of three consecutive weeks to $470 million, indicating a positive outlook. D...