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Latest News

Keep up with what's happening in the crypto world in real-time.

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Negative
cover-imageUToday
June 24, 2024

Polygon (MATIC) Profitability Posts Shocking Figures

Polygon (MATIC) is displaying conflicting on-chain data trends, especially as it relates to the profitability of its addresses. According to data from crypto analytics platform IntoTheBlock (ITB), only 5.63% of Polygon addresses are either in profit or at the money or breakeven point.

Positive
cover-imageInvezz
June 21, 2024

Polygon (MATIC) ready for recovery as holder sentiment signals renewed interest

Polygon (MATIC) seems prepared for upswings towards the resistance level of $1. The altcoin displayed increased momentum after a consolidation phase, confirming enhanced investor interest and potential price surges. Moreover, Polygon boasts a stable number of wallets, suggesting consistency in new address creation. Meanwhile, the project has seen slight upticks in wallets holding MATIC balances.

Positive
cover-imageCoingape
June 19, 2024

Are Solana, Cardano, Polygon Commodities As US SEC Ends Ethereum Investigation?

The U.S. Securities and Exchange Commission (SEC) has permanently closed its Ethereum investigation, which sparked a rally in ETH and altcoins. While the move by the SEC has gained skepticism, especially in the XRP community, does Ether gaining status as a commodity means all proof-of-stake (PoS) cryptocurrencies such as Solana, Cardano, and Polygon are commodities?

Negative
cover-imageThe Currency Analytics
June 19, 2024

Polygon (MATIC) Struggles Against Bearish Trend, Faces Resistance at $0.75

Polygon (MATIC), a prominent cryptocurrency known for its scalability solutions, finds itself entangled in a challenging market landscape, grappling with significant resistance as it strives to sustain its price above $0.75. Recent market movements have underscored the hurdles facing MATIC, highlighting broader implications for investors and enthusiasts alike.

Positive
cover-imageCoingape
June 18, 2024

Ronin Enters Layer 2 zkEVM Scene With Polygon CDK

Gaming-focused Layer-1 blockchain Ronin is making its foray into the Layer 2 (L2) ecosystem with the introduction of a zero-knowledge Ethereum Virtual Machine (zkEVM). Polygon CDK to Upscale Ronin Ecosystem Ronin, one of the pioneers of Web3.0 gaming which also doubles as the blockchain behind Axie Infinity, has revealed its intention to launch zkEVM.

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