Solana flipped Polygon on January 15 to be the 10th largest crypto asset by market cap, following a seven-day rally that saw it rise by over 70%, according to CoinMarketCap data. Following FTX’s collapse in November, SOL’s price performance was negatively impacted because of its relationship with Sam Bankman-Fried. However, positive sentiments appeared to have returned[Read more…]
Author Archives: beincrypto
Decentralized credit scores: Determining a user’s credit score in the decentralized web isn’t always an easy thing to do. That’s because privacy is embedded as a key tenet of the crypto industry. So, lenders have had to use such things as on-chain transactions and observable off-chain activities to measure creditworthiness. But even that may be[Read more…]
The Polygon MATIC token price is surging due to a sequence of high profile partnerships with Meta, JPMorgan and Reddit involving NFT development. Currently trading around $1.10, MATIC has risen some 30% from $0.84 it was at just two days ago. Polygon, previously known as Matic Network, is a platform designed to support and develop the infrastructure of Ethereum.[Read more…]
The Polygon MATIC token price is surging due to a sequence of high profile partnerships with Meta, JPMorgan and Reddit involving NFT development. Currently trading around $1.10, MATIC has risen some 30% from $0.84 it was at just two days ago. Polygon, previously known as Matic Network, is a platform designed to support and develop the infrastructure of Ethereum.[Read more…]
Polygon MATIC price has maintained a relatively stable uptrend despite the larger crypto market’s uncertainty. As MATIC price keeps up the bullish momentum amid Polygon’s rising adoption, MATIC bulls could be eyeing another breakout. The global crypto market cap, alongside top cryptocurrencies like BTC, ETH, and ADA, saw a notable price uptick over the last 5-days. Even though[Read more…]
While Polygon (MATIC) has broken out from a long-term descending resistance line, it has yet to clear an important horizontal resistance which would confirm that a bullish reversal is in place. On Tuesday, it was announced that Starbucks and Polygon will partner in a non-fungible token (NFT) loyalty program called “Starbucks Odyssey”. The program allows customers to purchase or earn[Read more…]