Five Bullish Signs That Prove NFTs Aren’t as Dead as You Think
$MATIC: Why Ethereum’s Merge Upgrade Does Not Invalidate Polygon’s Value Proposition
admin2022-08-24T09:19:09+00:00On Tuesday (August 23), the Polygon ($MATIC) team talked about how their project will be affected by Ethereum’s upcoming “Merge” upgrade, which marks the Ethereum network’s transition from proof-of-work (PoW) to proof-of-stake (PoS). Here is how Ethereum Foundation explains the Merge, which is expected to take place on September 15: “The...
GameSwift: The next-generation Web3 gaming ecosystem
admin2022-08-24T05:00:01+00:00Blockchain-based projects have continued to enjoy non-stop development as more innovative ideas are being introduced constantly. And one of the most in-demand products in the space is blockchain-enabled gaming. This is no surprise, as more gamers begin to adopt blockchain gaming over the traditional one. As a result, Terra’s most popular fundraising platform, StarTerra, now turned GameSwift has taken the initiative into the blockchain web3 gaming ecosystem. This transition, however, was not a radical one, as gamification has been inherent...
The following await MATIC after this latest breakout
admin2022-08-20T22:00:31+00:00Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Polygon’s [MATIC] recent bull run snapped the bounds of its 20 EMA (red) and the 50 EMA (cyan) to exhibit a buying edge. However, the $1-zone induced the selling resurgence to cause a pullback towards the $0.76 baseline. The up-channel breakdown further reaffirmed the increasing selling vigor. A reliable jump below the existing support range could expose the coin to a...
Will MATIC Price Lose $0.75 Support Amid Market Correction?
admin2022-08-20T15:13:19+00:00Published 1 hour ago The MATIC/USDT pair resonated in a rising wedge pattern from late July to mid-August. This bearish pattern after a long recovery rally suggested the losing bullish momentum. Furthermore, on August 15th, the coin price reverted from the confluence resistance of $1, 200-day EMA and resistance trendline and triggered a bear cycle within the wedge pattern,
Key points MATIC analysis:
The MATIC price has depreciated 26% since last week. The correction phase has plunged the MATIC price to 0.382...
Bitcoin and Ethereum Hit as Crypto Market Endures Selloff
admin2022-08-19T09:55:05+00:00
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Several leading assets suffered double-digit losses as Bitcoin and Ethereum fell.Bitcoin and Ethereum Correct
The cryptocurrency market’s recent rally appears to have halted. BTC/USD (Source: CoinGecko)Bitcoin and Ethereum trended down early Friday in a broader selloff that’s hit several of the market’s top cryptocurrencies. Per CoinGecko data, Bitcoin is down 7.3% in the past 24 hours, dipping from around $23,500 to $21,750 at press time. Ethereum has lost 6.2%, trading at $1,730. The leading cryptocurrencies have rallied over the...
Gemini Offers Staking in Lead Up to ETH Merge
admin2022-08-18T21:13:34+00:00
Key Takeaways
Cryptocurrency exchange Gemini announced that it will support Polygon (MATIC) staking starting today. Support for Ethereum (ETH), Solana (SOL), Polkadot (DOT), and Audius (AUDIO) will be added in the future. The service is being introduced as Ethereum prepares to transition from mining to staking with "the Merge."Share this article
Gemini has announced support for staking, allowing users of its exchange to earn rewards on eligible crypto assets.Gemini to Offer Staking
Gemini will support staking beginning today, August 18.In an announcement, Gemini said...
Dogechain Mania Grips DOGE Community, Where Is It Heading?
admin2022-08-17T14:24:26+00:00With 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 using wrapped DOGE as currency.
Connecting DOGE With Dogechain
This would enable Dogechain to transact with other blockchains. Overall, the platform promises to bring...
Over $600m flushed out: Is Solana DeFi headed out of the window
admin2022-08-16T20:30:02+00:00The case of Solana has increasingly become interesting in the past few days. According to data from DefiLlama, the total value locked in Solana’s DeFi has dropped by around $600 million since 31 July. Solana’s DeFi TVL started the month at $2.15 billion but was down to $1.56 billion at press time. This has gone on to reflect Solana’s position among the TVL in chains. At the start of the month, Solana was ranked fifth but is down a further two...
1Inch investors making long bets can consider this update
admin2022-08-16T04:30:58+00:00Monthly active users (MAU) on 1Inch Network have declined gradually since November 2021, data from Dune Analytics revealed. In July, the total monthly active users on the all-in-one DeFi platform stood at 94,263. This index represented a 52% decline from the all-time high recorded nine months ago. 1Inch offers its users three product offerings: Liquidity Protocol, Aggregation Protocol, and Limit Order Protocol. It is deployed across several chains, including Ethereum, Arbitrum, Optimism, Polygon, Avalanche, BNB Chain, Gnosis, and Fantom. Let...