Matic – Page 17

How this reversal can turn into an opportunity for MATIC investors

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. MATIC’s recent bearish pull below its three-month trendline resistance (white, dashed) broke the streak of green candles on the daily timeframe. As the altcoin enters a low volatility phase, the existing structure exhibited an outlook that is more suited for the sellers. The 23.6% Fibonacci resistance has been curbing buying rallies for nearly a month now. A sustained reversal could...

UNI and how Uniswap’s Q2 saw some ‘outperformance’ on this front

Was the second quarter this year as bad as it is made out to be? Maybe for major cryptocurrencies, but maybe not for some others in the crypto-market. In fact, Uniswap managed to “outperform” crypto-asset prices in Q2, as per a recent report. Messari’s “State of Uniswap Q2 2022” touched upon the major performance aspects of Uniswap. The global crypto-market cap diminished by more than $1.3 trillion during Q2. On the contrary, Uniswap has been able to note some improvements over...

Shiba Inu ($SHIB) Transaction Volume Hits 15-Month Amid Ongoing Bear Market

The on-chain transaction volume of the meme-inspired cryptocurrency Shiba Inu ($SHIB) has dropped to a 15-month low at a time in which the entire cryptocurrency market is seeing its value plunge. According to data from analytics platform Bloxy, first spotted by Finbold, in April 2022, there were around...

92% of Coinbase Users Are Buying Shiba Inu ($SHIB), Exchange’s Data Shows

Data from the Nasdaq-listed cryptocurrency exchange Coinbase shows that 92% of the platform’s users are buying up the meme-inspired cryptocurrency Shiba Inu ($SHIB) amid an ongoing accumulation trend that has seen the price of SHIB hold relatively well over the past 30 days. According to data from Coinbase’s...

Polygon missed another shot at reclaiming $1- Decoding the reasons

Polygon has made a name for itself in the DeFi space. It is the third-largest chain in terms of the number of active protocols. Recently, the blockchain took a step in the direction of advancing Web3. But the development did not have any positive influence on the price of MATIC.

Polygon Avail tale

Avail was not just another update to the Polygon blockchain. Avail focuses on scaling the blockchain by separating the three main functions of every blockchain. This, by turning...

$0.45 Fallout could Plummet MATIC price by 25%

Published 1 hour ago A losing streak on Polygon (MATIC) price slumped to a $0.45 support. This minor support held the coin price above the $0.45 level for the past four days, validating it as viable support. However, today the coin sellers retry to breach this support and extend the downfall to the June bottom support of $0.45. The MACD slopes are on the verge of bearing crossover. The 20-day EMA support turned into a viable resistance The intraday trading volume in...

IQ Protocol Secures 50 Partnerships in 2022 –

IQ Labs team, the creator of IQ Protocol – a DeFi solution for renting NFTs and fungible tokens – have announced 50 project partnerships this year. The much anticipated NFT rental solution has a stacked integration pipeline of GameFi, NFT, and blockchain subscription projects. The marketplace provides a collateral free rental solution for NFT owners to rent their NFTs for their utility, ultimately changing the distribution and valuation metrics for the space as a whole. The team has already made good...

OpenSea Ethereum, Polygon report card for June; stats might shock you

While NFT enthusiasts continue to bask in the euphoria of the 2021 boom in the ecosystem, the general downturn of the cryptocurrency market continued to affect the sales volume of NFTs in the last few months. According to data from NFTgo, the total sales volume of NFT collections across marketplaces saw a 61% decline in June. Also, within the last 30 days, the market capitalization of the entire NFTs market saw a 15% drop. Furthermore, the sales volumes of blue-chip...

Polygon, Fantom Users Targeted in Ankr Gateway Hack

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The hack produced a popup window that encouraged Polygon and Fantom users to enter their wallet seed phrase.

Hackers Compromise Gateways to Polygon, Fantom

Two Ankr RPC gateways for accessing Polygon and Fantom have been compromised. We are investigating some reported issues on our community @0xPolygon and @FantomFDN RPCs. ‼️For the time being, please use and — Ankr (@ankr) July 1, 2022Hackers exploited a vulnerability to attack...

Polygon, Major Blockchains Hit With Network Attack

Blockchain infrastructure company Ankr said on Friday that some of its services provided to Polygon and Fantom were under attack from hackers. On their Twitter account, Ankr revealed that they are investigating their Polygon and Fantom Foundation Remote Procedure Calls (RPC). They also provided alternate RPCs for the time being. RPCs are a software communication program used to exchange information across different networks.

Polygon Under Attack

Mudit Gupta, the chief information security officer of 0xPolygon, revealed on Twitter that Ankr’s RPC...