Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Polygon
Polygon and Fox Corporation Team Up for Verify: A Deep Dive into Their zk-powered L2 Chain
Polygon and Fox Corporation have inked a partnership to drive information validation. The partnership led to the launch of Verify, which is powered by Polygon CDK and Gelato RaaS. Fox Corporation, a top media firm in the US, recently launched its first enterprise Layer-2 solution, Verify, in partnership with the Polygon blockchain. Launched on the Gelato network, Verify is powered by Polygon’s Chain Development Kit (CDK), a framework for building zero-knowledge proofs-based blockchains. How “Verify” on Polygon Works Verify aims…
12 months ago
Dogecoin, Polygon, Maker See Millions in Liquidations; Could This New Viral Presale Star Be Set To Reignite the Bull Run
Several well-known altcoins, such as Dogecoin (DOGE), Polygon (MATIC) and Maker (MKR), have faced liquidations worth millions. Amid so much uncertainty, some traders are looking for safer options, which is where Rollblock (RBLK) comes in. This new Stage 3 presale star has the potential to kick-start another bull market and become the next 50x altcoin in 2024. Dogecoin (DOGE): A Massive Liquidation Spike Dogecoin (DOGE) is one of the top altcoins at the moment. However, more than $60M of long…
12 months ago
Polygon (MATIC) Turns Bullish After Losing Streak – Is A 1,000% Rally Possible From Here?
Polygon (MATIC) is again flashing bullish signals, having maintained a bearish outlook for a while now. These bullish signals suggest that the token could soon make a significant move to the upside. Interestingly, crypto analyst World of Charts has predicted that Polygon could enjoy a 1,000% rally when this move happens. Polygon To Rise To As High As $5 World of Charts predicted in an X (formerly Twitter) post that Polygon could rise to between $4 and $5 in the…
12 months ago
Polygon Price Prediction: Could MATIC See $0.30 As Continues To Slide With NEAR, Rollblock One Of Few Cryptos Giving Gains
Recent declines in Polygon (MATIC) have some analysts speculating that it may fall to $0.30 during a larger downturn in the cryptocurrency market. Even with the bearish trends impacting a lot of digital assets, Polygon’s fall is notable because it is having trouble regaining bullish momentum alongside NEAR Protocol. By contrast, some top crypto coins such as Rollblock have been able to make gains and establish themselves in a bearish market. Let us find out why Rollblock is a good…
12 months ago
MATIC Price Prediction for July 2024: Technicals Show Algotech Could Hit $1 Before Polygon Recovers
The post MATIC Price Prediction for July 2024: Technicals Show Algotech Could Hit $1 Before Polygon Recovers appeared first on Coinpedia Fintech News The volatile cryptocurrency market saw Polygon (MATIC) facing rapid fluctuations. Recent developments within Polygon (MATIC)hint at a potential upturn given its positive performance. Meanwhile, Algotech (ALGT), a new contender, garners attention for its projected rapid rise, possibly surpassing Polygon (MATIC) soon after its debut. Polygon (MATIC) Shows Signs of Recovery After a prolonged period of decline, Polygon…
12 months ago
Polygon Rapidly Causing Investor Unrest! XRP Holders Look To Raboo For Profits!
It has been a crazy week in the crypto space. Investors in Polygon (MATIC) are becoming worried, while XRP holders are sweating it out over problems that are strongly threatening and causing a negative impact on their investments. Many of these people are turning to Raboo ($RABT) as a potential source of profits. In this article, we will go over the problems affecting Polygon and XRP while discussing why Raboo is generating a lot of buzz recently, and is tipped…
12 months ago
Polygon PoS Innovation: Azuro Launches $20K Grant for Prediction Apps
Azuro has launched a grant program worth $20,000 to support the development of prediction applications on the Polygon POS. Azuro will offer $4,000 for new dApps or the addition of complex features to existing applications and technical support to developers. Azuro, an online predictions layer for EVM blockchains, is offering up to $20,000 in grants for developers building prediction dApps on the Polygon network. Azuro announced the initiative on Tuesday, describing it as “an exciting grant opportunity to foster the…
12 months ago
Polygon and Ternoa Collaborate: Introducing zkEVM+ for Digital Asset Security
Ternoa launches zkEVM+ for enhanced digital asset security on Ethereum. Collaboration with Polygon CDK integrates advanced privacy and security features. According to today’s Medium update, Ternoa is set to launch zkEVM+, a Layer 2 solution on Ethereum focused on security and privacy, built using Polygon CDK. This new launch follows their successful 2023 release of a decentralized privacy stack available as a Polkadot SDK Layer 1 chain. Furthermore, a recent tweet by Polygon, aggregated by Polygon Labs, announced that Ternoa’s…
12 months ago
MATIC Price Prediction: Can Polygon Recover From The Recent Crash?
MATIC price is down over 15% and tested the $0.5150 support. Polygon is slowly recovering, but the bears might be active near $0.5650 and $0.5720. MATIC price started a fresh decline from the $0.6285 resistance zone against the US dollar. The price is trading below $0.570 and the 100-hour simple moving average. There is a key bearish trend line forming with resistance at $0.5720 on the hourly chart of the MATIC/USD pair (data source from Kraken). The pair could recover…
12 months ago