{"id":204230,"date":"2023-12-01T11:54:15","date_gmt":"2023-12-01T06:24:15","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=204230"},"modified":"2023-12-01T11:54:15","modified_gmt":"2023-12-01T06:24:15","slug":"dot-price-jumps-6-as-polkadot-announces-on-chain-treasury-investments-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/dot-price-jumps-6-as-polkadot-announces-on-chain-treasury-investments-crypto-news\/","title":{"rendered":"DOT Price Jumps 6% As Polkadot Announces On-Chain Treasury Investments – Crypto News"},"content":{"rendered":"

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The RSI curve remained in the overbought zone, forming a positive divergence that hints at the potential to reach the blue sky zone around $7.00 in the near future.<\/p>\n

Conversely, the MACD indicator also indicates a bearish crossover along with red bars on the histogram, pointing to a potentially volatile outlook in the upcoming sessions.<\/p>\n

Polkadot\u2019s Web3 Foundation Invests In US Treasuries<\/h3>\n

The Web3 Foundation, associated with the Polkadot network, has joined the trend of crypto development teams allocating treasury assets to real-world assets. In a recent announcement on November 29, the Web3 Foundation also revealed plans for a pilot investment of $1 million in U.S. treasury bills, tokenized on-chain through Anemoy.<\/p>\n

Anemoy operates on Centrifuge Chain, a Polkadot parachain focusing on real-world assets (RWA). The investment is directed towards Anemoy\u2019s upcoming Liquid Short Treasury Fund, aiming to provide DAOs and other investors with exposure to short-term U.S. treasury bill yields. This move underscores the Web3 Foundation\u2019s dedication to supporting the growth of real-world assets on Polkadot\u2019s infrastructure.<\/p>\n

\u201cThis partnership demonstrates Web3 Foundation\u2019s commitment to supporting the growth and innovation of real-world assets on Polkadot\u2019s infrastructure,\u201d the Web3 Foundation said. Additionally, Polkadot is working on a system<\/a> to replace the parachain auctions.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The RSI curve remained in the overbought zone, forming a positive divergence that hints at the potential to reach the blue sky zone around $7.00 in the near future. Conversely, the MACD indicator also indicates a bearish crossover along with red bars on the histogram, pointing to a potentially volatile outlook in the upcoming sessions. […]<\/p>\n","protected":false},"author":2,"featured_media":204231,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[192,29,198,194,195,199,196,193,197,200],"class_list":["post-204230","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-blockchain-business","tag-business","tag-coins","tag-crypto-business","tag-cryptocurrency-business","tag-fiat","tag-metaverse-business","tag-nft-business","tag-token","tag-token-business"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/204230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=204230"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/204230\/revisions"}],"predecessor-version":[{"id":204232,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/204230\/revisions\/204232"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/204231"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=204230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=204230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=204230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}