Author Archives: BSCN NEWS REPORTS

Increasing Interest in Polygon (MATIC) Sparks Speculation on Potential Price Surge

In Brief Polygon (MATIC) price recently dipped below the crucial $0.80 support level amidst the controversy surrounding Binance exchange. However, on-chain data suggests potential for a positive trend. The number of daily MATIC wallets created reached 1,175 addresses on November 22, just 42 short of the four-month high recorded on November 16. A rare positive[Read more…]

Lugano City Incorporates Polygon into its Cryptocurrency Payment Infrastructure

Polygon Integration in Lugano’s Crypto Payment System Polygon has been a trusted partner of the Swiss city since at least 2022, providing the infrastructure for its stablecoin. The city of Lugano, the economic capital of Italian-speaking southern Switzerland, is set to integrate the Polygon proof-of-stake (PoS) protocol into its crypto-friendly payment app, MyLugano. According to[Read more…]

Emerging Cryptocurrency Offers Potential Decade-High Returns, Surpassing Shiba Inu (SHIB) and Polygon (MATIC)

Dive into the Latest Developments Explore the latest developments in Shiba Inu’s (SHIB) Donate feature, Polygon’s (MATIC) ID Release, and VC Spectra’s (SPCT) Web3 transformation. Discover investment opportunities and market insights in this comprehensive overview. Shiba Inu’s Donate Feature and SHIB Performance In an exciting update from Shiba Inu news on November 22, 2023, Shiba[Read more…]

FTX Selloff Persists: $36 Million in AVAX and MATIC Transferred

FTX Selloff Update More Avalanche and Polygon tokens have been on the move, but the surprise is the rocket move in FTT’s price. Around $36 million worth of AVAX and Polygon has been moved to the Binance exchange. FTT has gone up by over 30% in the last 24 hours. FTX Moves over $30 Million[Read more…]

Critical Update Planned for Polygon zkEVM: Important Information for Users

Polygon zkEVM Upgrade Announcement Polygon zkEVM has officially announced a major protocol upgrade scheduled for November 23. This crucial update marks a significant facelift for the protocol as it progresses towards enhancing its capabilities. Polygon zkEVM Mainnet Beta Update The Polygon zkEVM Mainnet Beta update is currently underway. In anticipation of this advancement, the network[Read more…]

Meme Moguls Set to Introduce Revolutionary Tools in Q1 2024, Posing Strong Competition Against Polygon and Cardano

$0.62 is the Next Price Target for Cardano By the end of Q1, 2024, $1.15 will be the value of Polygon. Meme Moguls is projected to climb 100x and rival both other altcoins. Cardano (ADA) Price Analysis Cardano (ADA) has experienced a notable upswing of 56% in its value during the past month. Its network[Read more…]

If substantiated, there could be a continued downturn in MATIC’s price.

Polygon’s Price Analysis The recent price chart for Polygon (MATIC) reveals the formation of a head-and-shoulder pattern, indicating a potential downturn in the near term. Investors in Polygon (MATIC) faced challenges as the token’s price witnessed a double-digit drop in the past week. The situation may worsen, as a bearish pattern has emerged on MATIC’s[Read more…]

Short-Term Outlook: Polygon (MATIC) Signals Selling Pressure Amidst Rallies

MATIC Price Decline Amidst SEC Lawsuit The price of MATIC has experienced a significant drop of over 10% following the recent SEC lawsuit against Kraken, where MATIC was mentioned as a security. This development has put Polygon under pressure, raising concerns about its potential struggle for recovery. Technical Analysis MATIC’s price initiated a fresh decline[Read more…]

Polygon Surges Beyond $0.80 Amidst Growing Selling Momentum

Polygon (MATIC) Price Analysis The price of Polygon (MATIC) has experienced bullish exhaustion, reaching a high of $0.98, and subsequently falling back to its previous lows. Polygon Price Long-Term Prediction: Bullish The altcoin initially dropped but found support above the moving average lines. The bearish momentum is repeating as bears retest the 21-day moving average[Read more…]

Discover the distinctive attributes and possibilities offered by three individual blockchain initiatives: Polkadot, Polygon, and the emerging Euler Network.

Polkadot: Bridging the Divide with Euler Polkadot, renowned as the “Internet of Blockchains,” has set its sights on addressing the challenge of blockchain interoperability. This visionary project aims to create a seamless ecosystem where diverse blockchains can communicate, exchange data, and collaborate effectively. Polkadot’s relay chain and parachains architecture open the door to a world[Read more…]