Author Archives: BSCN NEWS REPORTS

Overview of Cryptocurrency Performance Polygon (MATIC) and Cardano (ADA) have showcased bullish performance during the past month, where both altcoins managed to grab the attention of investors and traders by rising nearly 60%. While these cryptos have the potential to be leaders in the next bull run, Meme Moguls (MGLS) can outperform both of them[Read more…]

The World of Cryptocurrency Whales In the rapidly evolving world of cryptocurrency, significant transactions and strategic moves by crypto whales continue to shape the market. While the UNI and BLUR whales have entered an accumulation mode, a recent altcoin movement by another whale involving MATIC has raised the possibility of a selling wave for the[Read more…]

Polygon Reclassified as a Security Polygon, formerly known as MATIC, has been reclassified as a security by regulatory authorities. This echoes similar legal battles faced by other prominent exchanges. The announcement that Polygon has been designated as a security coincides with a significant drop in its market value. The cryptocurrency’s price has recently dropped significantly,[Read more…]

Introduction During the year’s final quarter, the cryptocurrency market conditions indicate a massive potential for growth. Some cryptocurrencies can be, however, far more profitable than others. Due to this, ChatGPT, one of the most popular AI-driven chatbots, has generated results indicating that TRON (TRX), Polygon (MATIC), and Everlodge (ELDG) are some of the biggest gainers.[Read more…]

Polygon (MATIC) Trend Analysis Polygon (MATIC) is currently experiencing an upward trend in its price action. A notable pattern observed by analysts is a potential head-and-shoulders formation in the MATIC 4-hour chart. If there is a breakout below $0.79, market indications suggest that prices may retest $0.67. Conversely, an upswing above the right shoulder at[Read more…]

The Crypto Market Trends The crypto market is witnessing interesting trends, particularly with Bitcoin. The leading cryptocurrency has been consolidating under $38,000 for three weeks, showing a bullish undertone as pullbacks become less deep. The supply of Bitcoin inactive for a year has reached a record high of 70%, indicating that holders might not be[Read more…]

Amid Ongoing Challenges: MATIC Faces Price Decline In the dynamic landscape of cryptocurrency, the overall market is currently witnessing a decline in prices. Notably, Polygon (MATIC) has garnered significant attention as its value slipped below a crucial level. MATIC Breaks Crucial Support Zone Recent data from IntoTheBlock, an on-chain analytics firm, reveals that MATIC has[Read more…]

The City of Lugano Integrates Polygon into Its Crypto Payment System The city of Lugano, the economic capital of Italian-speaking southern Switzerland, is set to enhance its crypto-friendly payment app, MyLugano, by integrating the Polygon proof-of-stake (PoS) protocol. According to an announcement on Polygon Labs’ website dated Nov. 22, the updated version of MyLugano introduces[Read more…]

Dynamic Alliances: XRP and Polygon Expand Their Horizons XRP and Polygon are making significant strides in their ecosystems through strategic partnerships. While XRP strengthens its ecosystem with collaborations like the recent partnership with RocketFuel, promising to revolutionize B2B payments, Polygon is creating waves with its NEAR Protocol partnership, focusing on zero-knowledge proofs via zkWASM to[Read more…]

Crypto Analyst Bullish on Polygon (MATIC) A widely followed strategist, known as Bluntz, expresses bullish sentiments towards Polygon (MATIC), Ethereum’s scaling solution. With a significant social media following of 229,400 on X platform, Bluntz shares insights on the crypto market. Bluntz observes an “immaculate vertical accumulation” in Polygon’s recent performance, indicating a series of higher[Read more…]