The Polygon coin chart shows the formation of the Flag pattern in the daily time frame chart. In theory, the ongoing correction is responsible for stabilizing the aggressive buying from the previous rally. Furthermore, a bullish breakout from the pattern’s resistance trendline triggers this continuation pattern and may resume the prevailing recovery. The declining trend continues in[Read more…]
Category Archives: Polygon news
05
Oct
Oct
Polygon, the popular Ethereum layer-2 solution, has bagged substantial gains amidst a bearish market. Over the past 24 hours, Polygon has achieved a strong performance, recording a 4.37% gain at $0.833. The L2 protocol’s market valuation of $7.07 billion places it back in the top 12, above both DAI and Shiba Inu. Compared to its[Read more…]
05
Oct
Oct
Polygon’s [MATIC] 6.55% uptick in the last 24 hours may not be because of the all-inclusive crypto market redemption. While this claim does not exclude the contribution, other factors seemed to ensure a guaranteed increase. Based on Santiment data, MATIC investors could be preparing to grab more of the bullish traits. This is because the Market Value to[Read more…]
05
Oct
Oct
At press time, data from CoinGecko shows the crypto is trading at $0.837 and has been up by 13.1% for the last seven days. Among the top 20 cryptocurrencies based on market capitalization that includes Bitcoin, Ethereum, XRP and Cardano, MATIC is the only one to register double-digit price increase for the past week. Analysts believe that[Read more…]
Polygon news
CryptoSlate Wrapped Daily: US regulators want more rules for digital assets; Kim Kardashian fined $1.26M by SEC on EMAX promotion
04
Oct
Oct
Kim Kardashian agreed to pay SEC $1.26M for promoting EMAX security token, Bitcoin holding stable as rumors of banking collapse circulate, and much more in this edition of CryptoSlate Wrapped Daily. The biggest news in the cryptosphere for Oct. 3 includes, Binance burning 5.5 billion LUNC tokens, Tether reducing its commercial paper holdings below $50[Read more…]
04
Oct
Oct
The Aave community is currently voting on how the latest update to its decentralized lending protocol, called Aave v3, should be deployed on Ethereum. Aave v2 on Ethereum controls $3.96 billion in liquidity and is the protocol’s biggest implementation across all chains, as it accounts for over 70% of the DeFi lender’s total value locked. Deciding on how to bring[Read more…]
03
Oct
Oct
Introduction The Merge has excited the market again and Polygon has taken the spotlight by becoming the blockchain with the lowest CO2 emissions in the Web3 space. This quarter is probably the most important quarter of the year for the Polygon Ecosystem. The series of events and educational series about zkEVM – the most optimal[Read more…]
03
Oct
Oct
September was a significant month in the realm of cryptocurrencies and blockchain. Flasko, Polkadot (DOT), and Polygon (MATIC) were the top three alternative investment tokens, with high return yields and a track record of surplus returns. Here is a more in-depth look at each of these coins and what they offer. Polkadot (DOT) Has Experienced[Read more…]
03
Oct
Oct
Polygon co-founder Sandeep Nailwal said he won’t be attending Devcon 2022 in Bogota, Colombia, “due to safety concerns.” He expressed regret over missing the opportunity to meet with friends from the ETH community. Devcon, Bogota is a technically focused conference for Ethereum devs, researchers, and builders. It will run from October 11-14 and features talks from prominent figures,[Read more…]
03
Oct
Oct
Helium (HNT), a cryptocurrency project focusing on the Internet of Things, has gained in recent times despite market conditions. According to CoinMarketCap, HNT has been up 8.42% over the last 7 days, trading at $4.90 at press time. Despite the gains, the token has found it difficult to break above the $5 mark. The price movement[Read more…]