Category Archives: Polygon news

Rebel Satoshi Sells 25 Million RBLZ Rebel Satoshi, a new meme coin, has successfully sold 25 million RBLZ in the first three weeks after the completion of its initial presale phase. ChatGPT predicts that Rebel Satoshi will outperform Litecoin and Polygon in the coming days. Rebel Satoshi and Its Mission Rebel Satoshi aims to unite[Read more…]

Polygon Leads in Inscription Activity on EVM Chains Polygon, represented by its native token MATIC, has established itself as the forefront leader in inscription activity on Ethereum Virtual Machine (EVM) chains. This information is gleaned from a Dune Analytics dashboard that meticulously tracks and analyzes inscription-related activities across various EVM-compatible chains. Overview of Inscription Activities[Read more…]

Flipkart’s Web3 Blockchain Launch Flipkart, a prominent player in Indian e-commerce, has entered the world of Web3 by introducing a dedicated blockchain developed using Polygon Chain Development Kit (CDK). This strategic move is aimed at expanding the capabilities of its existing FireDrops Web3 loyalty program and enriching user engagement through rewarding experiences and gamification. Transforming[Read more…]

Bitcoin’s Impact on MATIC Coin Bitcoin’s price fluctuated above $44,000 and then retraced slightly, leading to a surge in altcoins. In the world of cryptocurrencies, it is not expected for trends to always be in the direction of constant rise or fall. Corrections or recoveries are what investors in this field have become accustomed to[Read more…]

The Rise of Bitcoin ETFs: A Pivotal Change in Cryptocurrency Regulation The potential introduction of a Bitcoin ETF, exemplified by Fidelity’s Wise Origin spot Bitcoin ETF being listed on the Depository Trust & Clearing Corporation (DTCC) under the ticker symbol FBTC, marks a pivotal change in cryptocurrency regulation. This development, along with increasing engagement between[Read more…]

Flipkart Collaborates with Polygon Labs Polygon Labs announced on Thursday that Indian-based e-commerce company Flipkart plans to integrate the Layer 2 chain distributed by CDK to strengthen its Web3.0 loyalty program FireDrops launched a few months ago. Since the launch of the FireDrops Web3.0 loyalty program, it has marked a significant milestone by attracting withdrawals[Read more…]

Introduction to Flipkart’s Web3 Venture In the bustling digital marketplace of India, Flipkart stands as a pioneer, continually embracing innovation. Their latest venture into the Web3 space is the launch of a unique chain, developed using Polygon’s Chain Development Kit (CDK). This initiative is set to bolster the FireDrops Web3 loyalty program, signaling a significant[Read more…]

In Brief The Polygon (MATIC) price has experienced a prolonged decline under a descending resistance trend line for over 700 days. While the weekly and daily price action remain undetermined, the Relative Strength Index (RSI) is bullish for both. However, a failure to break out from the $0.85 resistance level could result in a significant[Read more…]

The Surge in Lido’s TVL Amid ETH and MATIC Rally The recent uptick in staking deposits and the increasing values of ETH and MATIC have significantly contributed to the growth of Lido’s Total Value Locked (TVL). Lido’s TVL witnessed a remarkable increase of nearly 10% in the past week, primarily driven by the rise in[Read more…]

Crypto Analyst Miles Deutscher’s Weekly Token + Narrative Watchlist Crypto analyst Miles Deutscher has shared his insights on potential altcoin movements in his latest Weekly Token + Narrative Watchlist. As Bitcoin experiences a bullish run, Deutscher suggests that several altcoins are poised for continuation, contingent upon favorable market conditions. Altcoins on Radar Deutscher notes that[Read more…]