Changes in Transactions and Circulation Following this whale’s transaction, Polygon network witnessed an increase in transactions, yet a decrease in circulation. Whale Alert, a reputable source for tracking crypto movements, reported that a Polygon whale transferred 13.36 million MATIC tokens worth a significant amount from a staking wallet to an undisclosed destination. This action has[Read more…]
Author Archives: BSCN NEWS REPORTS
The Importance of Portfolio Diversification The most experienced investors and traders consistently diversify their portfolios. A diversified one will help them reduce their risk and get higher returns when trading or investing in cryptocurrencies. Exploring Coins Under $1 Out of the many projects available, typically, those under $1 are far more appealing for diversification, as[Read more…]
Increasing Stake Amount in MATIC! The total stake amount in the Polygon network reached 3.69 with a Current Reward Percentage (CRP) of 4.95%. This figure, valued at 2.02 million dollars, allowed approximately 815.41 million MATIC to be earned by the respective 103 validators. However, the whale’s withdrawal may not be primarily intended for selling. The[Read more…]
Introduction On August 29th, Polygon (MATIC) experienced a short-lived recovery on the charts. Like the rest of the crypto market, its short-term outlook turned bullish for a brief period. However, the gains derived from Bitcoin’s (BTC) SEC victory against Grayscale proved to be short-lived. Bitcoin started trading again at $26,000, and many altcoins failed to[Read more…]
Introduction Polygon was in a higher timeframe downtrend. There was a notable liquidity pocket near $0.6 after the sharp rejection last week – will MATIC test it again? Short-Term Bullish Phase Polygon [MATIC] saw a brief resurgence on the charts on 29 August. Alongside the rest of the crypto market, its short-term outlook flipped bullish[Read more…]
Polygon Price Prediction 2023-2032 Polygon Price Prediction 2023 – up to $0.87 Polygon Price Prediction 2026 – up to $2.87 Polygon Price Prediction 2029 – up to $9.01 Polygon Price Prediction 2032 – up to $26.76 How much is MATIC worth? Today, the price of Polygon (MATIC) stands at $0.543, experiencing a 24-hour trading volume[Read more…]
Introduction Polygon is undergoing a significant transformation by switching its native token from MATIC to POL. In this article, we’ll delve into the details of this transition, its implications, and the potential benefits and risks. What is Happening? Polygon, known as a layer-2 scaling solution for Ethereum, is making a monumental change by replacing MATIC[Read more…]
Polygon zkEVM Mainnet Beta Dragon Fruit Upgrade Polygon, a leading framework for building Ethereum-compatible blockchains, has initiated the 10-day timelock for its zkEVM Mainnet Beta upgrade, codenamed Dragon Fruit. Scheduled to go live the week of September 11, 2023, the upgrade aims to bring a host of improvements, including the implementation of the latest Ethereum[Read more…]
Will Dogecoin ($DOGE) Reach $1? The price of Dogecoin ($DOGE) has experienced a recent dip over the last three days. Nevertheless, enthusiasts of the meme coin remain hopeful about its potential for significant price rallies in the near future. This optimism stems from Dogecoin’s ($DOGE) growing popularity within the crypto community. Currently, Dogecoin ($DOGE) holds[Read more…]
Introduction Polygon’s recent Dragon Fruit update has not impacted MATIC prices as developers might have expected. MATIC is Polygon’s native utility token. Amid this, Ethereum-based blockchain projects like InQubeta are actively being explored. InQubeta: Revolutionizing Investment InQubeta takes on the inefficiency and inaccessibility of traditional investment avenues by creating a secure and transparent alternative. It[Read more…]