The Ethereum Merge is now just fifteen days ahead of us as per the scheduled date of September. This will transition the Ethereum network to a Proof-of-Stake blockchain making it more scalable and efficient. The world’s largest NFT marketplace OpenSea said that they will be solely supporting NFTs only on the upgraded Ethereum PoS chain.[Read more…]
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With the launch of Dogechain last week, Dogecoin (DOGE) price saw a resultant spike. Described as Layer 2 for Dogecoin, Dogechain gives access to DOGE users NFTs, Games, and DeFi. The blockchain platform, however, is not built on Dogecoin but runs on the Polygon network. Going forward, the Dogechain indicated plans to potentially enable Dogechain’s dApps ecosystem[Read more…]
Polygon price analysis portrays consolidation at a higher level. The bulls failed to capitalize on the previous session’s gains as the price retreated below the crucial $0.95 mark. The formation of a ‘hammer’ candlestick on the hourly chart frame indicates the buying from the lower levels. But the overall sentiment remained bearish. As of press time,[Read more…]
Polygon (MATIC) has been one of the top cryptocurrencies which have registered a massive recovery over the past 30 days. Increased whale interest is one of the reasons behind this surge. ETH whales adding more MATIC? According to Whale Stats, MATIC emerged as the most traded token by the biggest of the 100 Ethereum whales over the[Read more…]