Author Archives: Newsbtc

Polygon Draws Strength From Gaming Space – But Will It Boost MATIC?

The expanding gaming landscape in the Polygon network is making some positive noise in the crypto space. Games use thousands of polygons to run well. As for the blockchain gaming community, they’re now using Polygon. Sandeep Nailwal, co-founder of Polygon, recently tweeted evidence of the company’s leadership in the blockchain gaming industry. “Just look at[Read more…]

XRP Takes The Lead Among Altcoins – Will It Drop Before Climbing?

XRP has maintained a daily calmness but emerged as the week’s top performer. The token took to the north with 18% weekly gains as the price crossed the $0.5 mark before falling. Also, other altcoins have been making slight losses daily in the past week. The crypto market is witnessing a drastic twist in the[Read more…]

TOP 5 Cryptocurrencies To Watch This Week – BNB, BTC, ETH, MATIC, MKR

The crypto market saw prices move from key support across all boards, with the crypto marketcap finding some relief recently as it aims to reclaim its resistance of $1.2 trillion. This has led to market sentiments returning bullish, with many crypto assets rallying from the key support and producing double-digit gains. Let us focus on[Read more…]

How This Crypto Pulled Off A Surprise 60% Rally In This Area – Find Out Here

Crypto assets have different utilities, but at the end of the day, their performance will be evaluated by their trading price, volume and total market capitalization. That is perhaps the lesson that was reminded to the Polygon network and its native cryptocurrency MATIC, which continues to decline after attaining its all-time high just 10 months[Read more…]

Polygon (MATIC) Leads Gains Amidst Market Uncertainty

Polygon, the popular Ethereum layer-2 solution, has bagged substantial gains amidst a bearish market. Over the past 24 hours, Polygon has achieved a strong performance, recording a 4.37% gain at $0.833. The L2 protocol’s market valuation of $7.07 billion places it back in the top 12, above both DAI and Shiba Inu. Compared to its[Read more…]

Polygon Spikes 6.5% In Last 24 Hours As MATIC Investors See Bullish Momentum

At press time, data from CoinGecko shows the crypto is trading at $0.837 and has been up by 13.1% for the last seven days. Among the top 20 cryptocurrencies based on market capitalization that includes Bitcoin, Ethereum, XRP and Cardano, MATIC is the only one to register double-digit price increase for the past week. Analysts believe that[Read more…]

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…]