Author Archives: Newsbtc

Helium (HNT) Holds Gains Amid Market Downtrend

Helium (HNT), a cryptocurrency project focusing on the Internet of Things, has gained in recent times despite market conditions. According to CoinMarketCap, HNT has been up 8.42% over the last 7 days, trading at $4.90 at press time. Despite the gains, the token has found it difficult to break above the $5 mark. The price movement[Read more…]

Crypto Community Predicts Polygon (MATIC) To Rise Nearly 20% By October 31

Members of the crypto community have cast their ballots, so to speak, and now we’ll find out whether or not their forecast was accurate. The consensus of the cryptocurrency market predicts a 20% increase in MATIC prices before the month ends, as reported by CoinMarketCap’s price prediction metrics. This fairly optimistic forecast from the community suggests[Read more…]

Polygon (MATIC) Held By A String, Will Bears Cut The Rope?

Polygon (MATIC) price showed some bullish strength recently, but the price has struggled to break above key daily resistance against tether (USDT). The price of Polygon (MATIC) has continued to range as bulls sweat over a potential break of the key support zone holding the price of MATIC from having a spiral down to a[Read more…]

Easyfi launches new product “Electric” to bring Permissionless Margin Trading capabilities to DeFi using its lending protocol

Testnet Launch on Polygon Now Live Decentralized exchanges (DEXs) have been able to clinch a large market share from centralized exchanges (CEXs), especially with the creation of more than 20,000 tokens, all with varying degrees of liquidity. However, one area where DEXs is still lacking is in the margin trading domain. Where centralized exchanges command[Read more…]

Polygon (MATIC) Downward Trajectory Faces Resistance At $0.94 Level

Even with the encouraging reports of Polygon closing agreements and becoming one of the most acquired tokens by ETH whales, the future of its native token, MATIC, is not looking very bright. From September 13 onward, it fell in line with the rest of the cryptocurrency market. The 7–12 September rise was ultimately denied by[Read more…]

Robinhood Lists USDC, It’s First Stablecoin

Robinhood hasn’t been shy about it’s desire to be a player in crypto. The platform has had a few years of ups and downs as it’s navigated it’s crypto offerings. This week, however, the platform secured a win on the crypto front by listing it’s first stablecoin, USDC. What We Know The news first came[Read more…]

Polygon Banks On Merge To Get Rid Of 60,000 Tons Of Carbon Footprint

Polygon expects to eliminate a considerable amount of carbon traces from its system as the Merge nears. The Ethereum Merge is just around the corner. With a soft deadline set on September 15, the world will soon find out whether or not the developers’ hopes for a positive change are realized. The Ethereum-based Polygon blockchain[Read more…]

Polygon Shows Bearish Signs, Can $0.76 Support Hold Price Of Matic?

The price of Polygon (MATIC) has struggled to stay above the key support zone of $0.8 as the price of Bitcoin (BTC) showed indecision for weeks as the price moved in a range for weeks between $19,500-$20,000 with the price stalling on the next movement. This has affected the price of altcoins, including Polygon (MATIC),[Read more…]

MATIC Climbs 6% After Robinhood Support For Polygon POS Chain

MATIC has spiked by as much as 6% today with the crypto landscape having an optimistic vibe the entire week. MATIC looking positive with a surge of 6%  Polygon performance improves following announcement of Robinhood’s support for Polygon transactions Around 18 million MATIC transactions made after Robinhood partnership announcement Polygon (MATIC) is dubbed to be[Read more…]

Why GameSwift Is The Solution To Web3 Gaming Challenges

The Web3 gaming ecosystem has grown swiftly in the last two years. The crypto space has attracted billions of dollars in investments, and now it’s starting to attract the attention of gamers with a trend called web3 gaming. However, given that the space is relatively young, it still encounters its fair share of challenges. These[Read more…]