Polygon Financial News

15.02 / 23:39

Dogecoin markets XRP Cardano litecoin Polygon Bitcoin Price analysis 2/15: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Bitcoin (BTC) is leading the cryptocurrency markets on the path to recovery. Although the United States Consumer Price Index (CPI) print for January was marginally higher than expectations, it did not dent the enthusiasm of bullish crypto trader.

15.02 / 21:03

markets Ethereum Altcoin Polygon Ethereum Price zkEVM Polygon ecosystem development and upcoming zkEVM launch add to MATIC’s bullish momentum

Matter Labs, the firm managing Polygon (MATIC), announced that the beta version of its zero-knowledge Ethereum Virtual Machine (zkEVM) would launch on March 27, 2023. It’s possible that Polygon will enjoy a first-mover advantage in this space by launching a public mainnet before zkSync and Scroll.

15.02 / 18:39

Polygon MATIC zkEVM Polygon Price Prediction as Launch of New zkEVM Mainnet Beta Approaches – Can MATIC Reach $100?

After finding support earlier in the week in the mid-$1.10s, partially as a result of buying around the 21-Day Moving Average (DMA) at $1.2050, Polygon (MATIC) has rebounded into the upper $1.20s. The cryptocurrency, which powers layer-2 Ethereum scaling solution Polygon, is eyeing a break back to the north of the $1.30 level, potentially opening the door to a retest of multi-month highs hit earlier this month in the $1.35 area. Price predictions are thus becoming more bullish.

15.02 / 08:53

Ethereum defi Polygon Scalability zk-Rollup zkEVM Polygon tables late-March launch date for its zkEVM Mainnet Beta

The long-awaited scaling upgrade from Ethereum layer-2 solution provider Polygon (MATIC) has been announced, with the Beta launch of its zero-knowledge Ethereum Virtual Machine (zkEVM) mainnet slated for Mar. 27.

14.02 / 00:25

Dogecoin markets XRP Cardano Polygon Bitcoin Dollar Price analysis 2/13: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, SOL

Bitcoin (BTC) and select altcoins are threatening to deepen their correction after reports emerged that the United States Securities and Exchange Commission (SEC) issued a Wells Notice to Paxos, alleging that the dollar-pegged Binance USD (BUSD) stablecoin is an unregistered security. Separately, Paxos has been ordered by the New York Department of Financial Services (NYDFS) to halt the issuance of BUSD.

13.02 / 20:07

Ethereum Cardano solana BNB Polygon avalanche Bitcoin Crypto Price Today Live: Bitcoin marches towards $24k; Polygon, BNB rise up to 12%

Bitcoin (BTC) rose 3.11% to $23,788, while Ethereum (ETH) was above the $1,600 level. BTC volume in the last 24 hours stood at approximately $30.58 billion, rising 37.16% in the last 24 hours. «Bitcoin traded above $23,900 after reaching a low of $22,874 the previous day. A potential upward trend towards $24,000 and then $25,000 is possible if the market stays favourable. Meanwhile, Ethereum broke above $1,600, with support at that level and resistance at $1,700,» Edul Patel, Co-founder and CEO at Mudrex, said. Other top crypto tokens were also trading higher. Polygon rose 12.35%. Solana, Avalanche, Cardano and BNB were also trading with gains.

10.02 / 22:51

Dogecoin markets XRP Cardano litecoin Polygon Bitcoin Price analysis 2/10: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX

On Feb. 9, United States Securities and Exchange Commission (SEC) chair Gary Gensler explained why the regulator had cracked down on Kraken cryptocurrency exchange, forcing it to stop its crypto staking program for U.S. clients. This news may have rattled crypto investors and they sold aggressively. Bitcoin (BTC) crashed about 5% on Feb. 9 and several altcoins also followed suit.

08.02 / 21:21

Dogecoin Ethereum XRP Cardano litecoin Polygon Bitcoin Price analysis 2/8: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX

The United States Federal Reserve Chairman Jerome Powell said on Feb. 7 that the “disinflationary process, the process of getting inflation down,” has started but it is still in its very early stages.

08.02 / 09:57

business Ethereum Cardano Polygon Grayscale Bankruptcy Bitcoin DCG offloads Grayscale shares to raise capital: Report

Cryptocurrency conglomerate Digital Currency Group (DCG) has reportedly begun to sell its holdings in crypto funds managed by its subsidiary Grayscale Investments as it looks to raise capital and preserve liquidity.

05.02 / 15:11

Blockchain Ethereum Adoption Polygon layer2 Open Source zk-Rollup Starkware open Starkware commits to open source its ‘magic wand’ Starknet Prover

Ethereum layer 2 scaling solution StarkWare announced plans to open source its proprietary Starknet Prover under the Apache 2.0 license, which has processed 327 million transactions and minted 95 million nonfungible tokens (NFTs) to date.

03.02 / 22:17

Dogecoin markets XRP Cardano litecoin Polygon Price analysis 2/3: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX

Bitcoin’s (BTC) rally in 2023 has been boosted by expectations that the United States Federal Reserve will slow down the pace of its rate hikes as inflation has started cooling down. Some even anticipate a rate cut by the end of the year. That assumption received a jolt on Feb.3 when the U.S. employment data for January beat expectations and unemployment hit its lowest level since May 1969.

01.02 / 21:35

Dogecoin markets XRP Cardano litecoin Polygon Bitcoin Price analysis 2/1: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX

Bitcoin (BTC) gained about 40% in January, its best finish in the first month of the year since 2013. The sharp rally caused a change in sentiment and the futures markets which saw backwardation in November and December started trading at a healthy contango in January, according to Glassnode.

31.01 / 00:15

Dogecoin markets XRP Cardano Polygon Bitcoin Dollar Price analysis 1/30: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT

Traders tend to lighten up positions before important events because they hate uncertainty. The United States Federal Reserve’s policy decision is on Feb. 1, where the central bank is expected to hike rates by 25 basis points.

28.01 / 00:09

Dogecoin Ethereum XRP Cardano litecoin Polygon Bitcoin Price analysis 1/27: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX

After two weeks of a stupendous rally, Bitcoin’s (BTC) price has largely been flat this week. This is a positive sign as it shows that market participants are not growing nervous before a slew of central bank meetings take place next week. The United States Federal Reserve, European Central Bank and Bank of England are scheduled to announce their policy decisions next week.

27.01 / 21:39

Blockchain NFT defi Polygon Developers transactions FTX The state of Solana: Will the layer-1 protocol rise again in 2023?

About two months after the FTX collapse, the Solana network is stronger than ever, according to Austin Federa, head of strategy and communications at the Solana Foundation.

27.01 / 16:13

cryptocurrency Polygon Presale MATIC As Polygon Price Explodes, These 3 New Altcoins Can 10x This Year

The token that powers Ethereum scaling solution Polygon’s sidechain MATIC has been exploding higher. After having been stuck in a $0.92-$1.05 range for the last few weeks, MATIC surged as high as the $1.12s on Thursday, gaining over 13% on the day, though the rally has since eased off a little on Friday, with the cryptocurrency now trading back just to the south of the $1.10 level once again.

26.01 / 16:41

business Blockchain Polygon Podcast Former Polygon VP of growth shares the secrets behind major partnerships

Ethereum scaling solution, Polygon, has witnessed a lot of adoption through partnerships with major brands like Starbucks and Addidas, which has increased the network's popularity among cryptocurrency users. The former vice president of growth, Arjun Kalsy, breaks down how Polygon has attracted partnerships with major brands and how the project is driving mass crypto adoption.

25.01 / 23:21

markets XRP Cardano litecoin Polygon Interest rates Bitcoin Price analysis 1/25: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX

Bitcoin (BTC) has been consolidating near $23,000 for the past few days. The next big question troubling investors is whether the rally is over or if Bitcoin resume its recovery.

25.01 / 09:33

Blockchain Ethereum NFT solana Polygon Gaming Marketplace Low Nifty News: Porsche ends 'low effort' NFT mint early, Oreo dunks into the Metaverse and more

Car manufacturer Porsche had to cut short a nonfungible token (NFT) mint of its famous white 911 model only two days after the public mint started, saying its “holders have spoken.”

25.01 / 01:37

markets NFT defi solana Polygon DApp Solana (SOL) price rally could fizzle out due to weak fundamentals

Solana’s (SOL) recent 250% rally to $25 has shocked many investors in the crypto market. At the same time, traders who had eyes on the negative funding rate for SOL in the futures market could have anticipated the bullish move ahead of others.

23.01 / 22:29

Dogecoin XRP Cardano Polygon S&P 500 Bitcoin Dollar Price analysis 1/23: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT

Bitcoin’s (BTC) price has risen about 37% year-to-date and is not showing any signs of slowing down. The S&P 500 index (SPX) has also made a winning start to the year but has seen a relatively muted rally of roughly 4%.

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