Polygon Financial News

17.05 / 18:33

Dogecoin Ethereum XRP Cardano litecoin Polygon Bitcoin Price analysis 5/17: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

The United States stock markets are trying to recover on reports that the debt ceiling talks are showing promise and a debt default may be avoided. However, the same enthusiasm is not seen in the cryptocurrency markets. Bitcoin (BTC) has slipped back below the $27,000 support on May 17, indicating that buyers are struggling to sustain the relief rallies.

15.05 / 18:39

Dogecoin XRP Cardano Polygon S&P 500 Bitcoin Dollar Price analysis 5/15: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC

The debt ceiling negotiations in the United States are keeping traders on the edge. JPMorgan Chase CEO Jamie Dimon recently told Bloomberg on May 11 that a possible sovereign default by the U.S. government could create panic in the stock markets, resulting in heightened volatility.

12.05 / 17:59

Dogecoin Ethereum XRP Cardano litecoin Polygon Bitcoin Price analysis 5/12: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Bitcoin (BTC) extended its decline on May 12 but analyst Philip Swift, co-founder of trading suite DecenTrader and creator of data resource LookIntoBitcoin, does not expect a deep correction. He said it was “interesting to note that the long/short ratio has been climbing as price has trended down.”

10.05 / 16:05

Dogecoin Ethereum XRP Cardano litecoin Polygon Bitcoin Price analysis 5/10: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

The United States consumer price index rose 4.9% annually, which was slightly less than estimates of a 5% increase. The CPI’s monthly rise of 0.4% in April was in line with expectations.

10.05 / 06:27

Blockchain defi Altcoin Polygon Decentralization DAO Aragon launches defensive measures against Arca's '51% attack'

Aragon, an open-source framework designed to launch decentralized autonomous organizations (DAOs), has pulled plans for its native Aragon (ANT) token holders to be given voting rights over the future direction of the organization.

05.05 / 16:49

Dogecoin Ethereum XRP Cardano litecoin Polygon Bitcoin Price analysis 5/5: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Confidence in the United States financial system seems to be eroding fast with investors trying to find the next weakest link that is about to collapse. Bill Ackman, CEO of hedge fund management firm Pershing Square, cautioned that time was running out to fix the problem.

03.05 / 17:07

Dogecoin Ethereum XRP Cardano litecoin Polygon Bitcoin Price analysis 5/3: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Investors seem to have priced in a 25 basis points rate hike by the United States Federal Reserve on May 3. Next, they will look for clues on the Fed’s actions for the rest of the year.

02.05 / 20:19

Blockchain NFT Polygon layer2 Sports Illustrated launches Polygon-based NFT ticketing platform

On May 2, Sports Illustrated's ticketing subsidiary SI Tickets launched the "Box Office" platform, a self-service event management and primary ticketing solution powered by the Polygon blockchain. Built in conjunction with Web3 software developer ConsenSys, Box Office enables "owners, organizers and hosts the ability to create, manage and promote a fully scalable, paid or free ticketed live sporting event."

28.04 / 16:57

Dogecoin Ethereum XRP Cardano litecoin Polygon Bitcoin Price analysis 4/28: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

The cryptocurrency market witnessed sharp volatility on April 26 on rumors that large sums of Bitcoin (BTC) were on the move from the wallets linked to the defunct cryptocurrency exchange Mt. Gox and the United States government. A minor positive is that Bitcoin and select altcoins held their respective support levels.

28.04 / 13:55

Blockchain Ethereum Adoption Polygon Google Cloud Services Cloud Storage Google Cloud zkEVM Google Cloud to optimize Polygon zkEVM scaling performance

Polygon Labs and Google Cloud announced a multi-year partnership at Consensus 2023 that will see the cloud computing service provider help boost the development of the Ethereum (ETH) scaling protocol’s tools and infrastructure.

26.04 / 20:45

Blockchain Ethereum Social Media Polygon Web3 Web3 social media protocol launches ‘layer 3’ to provide instant posts

The team behind Lens, a Web3 social media protocol, has announced the launch of a new “layer 3” network to scale blockchain social media apps. Called “Bonzai,” the new network processes and stores posts, comments and shares, taking this data off the Polygon network and thereby increasing scalability for Lens, according to an April 26 announcement viewed by Cointelegraph.

24.04 / 21:27

Dogecoin markets XRP Cardano Polygon Bitcoin Price analysis 4/24: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL

Bitcoin (BTC) managed to stay above $27,000 for the past three days but its 9% loss last week spooked some newbie traders. Glassnode data shows that short-term holders, who acquired Bitcoin less than 155 days ago, have been moving coins to the exchanges at a loss since April 16.

21.04 / 19:27

Dogecoin markets XRP Cardano litecoin Polygon Bitcoin Price analysis 4/21: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Bitcoin (BTC) and most major cryptocurrencies have pulled back from their recent local highs, signaling profit booking by traders. Is the current pullback a buying opportunity or has the trend turned lower? This is likely to be the question in every trader’s mind.

21.04 / 15:59

Blockchain Altcoin Polygon coinbase Ledger MetaMask Staking stake How to stake Polygon (MATIC)

The Polygon network, formerly the Matic network, is an Ethereum-scaling protocol that reduces cost and embeds high security. In a short span, Polygon has gained a high level of traction.

19.04 / 19:07

Dogecoin markets Cardano litecoin Polygon Bitcoin Price analysis 4/19: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Bitcoin (BTC) has been witnessing volatile moves in the past three days. The pick-up in volatility shows that the buyers and sellers are vying for supremacy.

19.04 / 05:39

NFT Polygon Metaverse community Meta Ceo Blockchain Game Trump Nifty News: Trump drops more NFTs ahead of presidential run, Meta opens to teens and more

Another round of digital nonfungible tokens (NFTs) trading cards have dropped bearing the likeness of former United States President Donald Trump, with 38,001 minted on Polygon (MATIC).

18.04 / 14:03

Ethereum Adoption Polygon Scalability layer2 Arbitrum Ethereum layer 2 bridging up sixfold year-on-year in Q1 — Alchemy

Ethereum layer 2s, such as Optimism, Arbitrum and Polygon, increased in popularity in the first quarter of 2023, according to a report from Web3 development platform Alchemy. Ethereum users bridged over $635,000 worth of crypto assets to these networks from January to March, an increase of 44% over the fourth quarter of 2023 and 518% over the first quarter of 2022.

17.04 / 21:19

business Polygon European Union Smart Contracts lawmakers Polygon calls on EU lawmakers to address smart contracts in Data Act

Polygon Labs, an Ethereum layer-2 scaling solution, has called on policymakers in the European Union to “clarify the scope and intent” in legislation targeting smart contracts.

17.04 / 19:41

Dogecoin markets XRP Cardano Polygon Bitcoin Dollar Price analysis 4/17: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL

Pullbacks are a part and parcel of uptrends. They not only help shake out the weaker hands but also offer an opportunity for traders to add to their position or make fresh entries. Currently, Bitcoin (BTC) is witnessing a correction as bulls and the bears battle for control, but is this a buying opportunity or the start of a trend reversal?

14.04 / 22:27

Dogecoin markets XRP Cardano litecoin Polygon Bitcoin Price analysis 4/14: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Bitcoin (BTC) and Ether (ETH) are trading above the psychologically important levels of $30,000 and $2,000 respectively. This suggests that the crypto winter may be on its last legs.

14.04 / 16:45

Ethereum wallet Polygon Apple Uniswap Decentralization Optimism Apple Approves Decentralized Exchange Uniswap iOS Wallet App – Here's How it Works

"This is not a drill," wrote Uniswap Labs, the company behind one of the world's leading decentralized exchanges. "The Uniswap mobile wallet is out of Apple jail and now live in most countries."

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