Category Archives: Polygon news

Solid fundamental developments for Polygon see it gain in value over Bitcoin and the dollar in recent weeks. Data compiled by CryptoSlate shows Polygon (MATIC) has outperformed other large caps, in Bitcoin terms, since Nov. 4. Moreover, this trend continues to hold amid an essentially flat market, leading to a return of bullish sentiment for[Read more…]

The biggest news in the cryptoverse for Nov. 7 includes Bitcoin mining difficulty’s decrease by 0.19%, Binance’s decision to liquidate all its FTT holdings, and FTX CEO Sam Bankman-Fried’s assurance that the exchange is not going bankrupt.  CryptoSlate Top Stories Bitcoin mining difficulty barely adjusts downward by 0.19% as miner pressure continues Bitcoin’s (BTC) mining[Read more…]

Bitcoin, Ethereum price prediction: BTC and ETH prices are witnessing a minor correction to stabilize their prior gains. However, this pullback has caused a significant downfall in several cryptocurrencies, offering a dip opportunity.  The global crypto market stood at $1.03 Trillion at 10:24 am EST Monday, down 2.73% from yesterday. Moreover, the total crypto market volume has[Read more…]

One of the largest trading firms operating in the crypto space believes a “budding uptrend” is forming in the volatile market for digital assets.  In a Twitter thread, Cumberland—the crypto unit of trading powerhouse DRW—said that the uptrend is underpinned by what it says is a weakening U.S. dollar and the adoption of cryptocurrencies by new[Read more…]

Polygon (MATIC) is among the beneficiaries of the recent relief rally across the general cryptocurrency market. However, MATIC is witnessing a sustained spike in popularity despite the majority of the crypto market mainly trading in the red zone.  Indeed, by press time on November 7, MATIC was trading at $1.20, with gains of almost 5% in the[Read more…]

The fast-recovering Polygon price shows the parallel channel formation in the daily time frame chart. As a result, the prices actively respond to two ascending trendlines leading the prices to higher ground. Thus, until the pattern’s support trendline is intact, the mark participants could witness a steady rally with occasion pullbacks. Two major announcements, including the Web2 giant[Read more…]

Polygon, an Ethereum scaling platform that claims to be decentralized, is landing partnerships with major names. Already a partner with Coinbase NFTs, it just became the primary provider of Instagram’s upcoming NFT marketplace. Of course, when crypto starts landing large deals, some people start asking big questions — like whether Polygon is truly decentralized. Formerly known as[Read more…]

Crypto Price Today: The crypto market is struggling as Binance announced it will dump all its FTX tokens. BTC and altcoins both plummeted. Crypto Price Today Latest Updates: The crypto price is struggling today as sentiments grow more negative. The FTX crisis and the resulting withdrawal are causing a massive selloff in the crypto market. Bitcoin prices fell[Read more…]

Data analytics platform, Santiment posted a update on Polygon [MATIC] as of on 5 November. According to the tweet Polygon’s prices have grown tremendously since the beginning of November. Furthermore, it also witnessed significant network growth in the same time frame.  All okay MATIC? One reason stated for the same was Polygon’s growth in the social sector. As can[Read more…]

A leading analytics firm is revealing that blockchain scaling solution Polygon is witnessing a dramatic drop in the supply of MATIC on crypto exchanges even after the token’s explosive rally in the last few days. In a new report, Santiment says the “crowd is piling in” on Polygon as supply on crypto exchanges plummets from over one[Read more…]