Polygon's Open Interest has dropped by $14M in less than five days, showing uncertainty.
Binance (BNB) price has faced volatility this week, falling below $700 amid broader crypto market corrections. However, recent developments suggest potential recovery.
BNB Foundation has officially announced that BNB Chain has completed its 30th quarterly BNB token burn, with a total of 1,634,200 BNB destroyed.
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The BNB Foundation completed the 30th quarterly BNB burn today, reducing the total supply by over 1.6M BNB tokens valued at $1.16B. The foundation still needs to burn another 42.47M BNB to reduce the token's total supply to 100M BNB.
Wanchain wants to introduce a series of cross-chain routes that will connect Polygon zkEVM with major blockchain networks.
The 30th BNB Token Burn eliminated 1.63M BNB, reducing the supply to 142.47M.
BNB Chain has recorded its highest weekly DEX volume in three years at $17.74 billion, while BNB trades near $700 with key technical levels suggesting potential price movement in either direction.
BNB price is consolidating near the $700 support zone. The price is showing a few bearish signs but the bulls might remain active near the $672 support.
A surge in buying pressure could support a breakout to the 1.618 Fibonacci level ($823).
Bitcoin is consolidating between $100,000 and $109,588, and charts currently indicate a higher chance of an upside breakout.
Polygon Ecosystem Token (POL) price is moving above the $0.45 support but below the moving average lines or resistance at $0.55. Cryptocurrency price analysis brought by Coinidol.com.
BNB Chain, the blockchain network originally developed by Binance, has announced a new AI agent solution. The platform will streamline the creation and deployment of decentralized AI agents.
Polygon Labs, around a week after its partnership with Jio Platforms Limited (JPL) to bring Web3 capabilities into Jio's ecosystem, made its first integration with Jio Sphere live on Tuesday. CA Aishwary Gupta, Global Head of Payments at Polygon Labs revealed the launch of native wallet, powered by Polygon Labs PoS Blockchain network, on Jio
Fasanara Capital, a London-based investment manager, has launched its tokenized money market fund on Polygon.
TL;DR BNB Chain has launched a no-code solution for the creation and deployment of decentralized artificial intelligence agents. The solution includes kits like Eliza, ShellAgent, TermiX, and Revox.ai, which enable the creation, scaling, and monetization of AI agents with low-code and no-code options.
The market is turning back to red, according to CoinMarketCap.
The memecoin solution by BNB Chain allows individuals and businesses to easily launch and grow their memecoin projects. BNB Chain Launches No-Code Memecoin Solution to Empower Creators BNB Chain has unveiled its latest initiative, the Memecoin Solution, a no-code platform designed to simplify the creation, launch, and growth of memecoin projects.
BNB Chain introduces a groundbreaking no-code meme coin solution that democratizes crypto project creation. The platform streamlines token development and management, requiring no programming expertise.
Polygon, one of the first layer-2 networks in the crypto industry, has lost market share as competition in the sector has risen. POL, its token, has also plunged by 43% from its December high, while its ranking in the crypto sector has deteriorated.
Gate Ventures have invested $20 million to support the crop of talents building in the BNB Chain Alliance.
While Donald Trump and his wife shake the crypto markets with their newly launched meme coins, BNB Chain has unveiled a new platform for creating meme cryptocurrencies. Individuals and businesses can use BNB Chain's MEME Solution to create and establish meme token projects.
Bitcoin retracts sharply from its all-time high and the sell-off in Official Trump has a resounding negative impact on most altcoins.
Binance Coin price remained in a tight range on Monday, even as the network surpassed Ethereum in a key metric. Binance Coin (BNB) dropped to $685, down 6.50% from its weekend high as Donald Trump's inauguration continued.
BNB Chain has launched a new meme solution that allows users to easily launch meme projects, even without coding skills. BNB Chain announced on Jan.
Polygon (POL), the Ethereum scaling solution, looks set for a price breakout given its technical indicators. Notably, Ali Martinez, in an X post, highlighted a critical signal that suggests POL could surge amid a broader crypto market boom.
Gate Ventures, the venture capital division of Gate.io, has committed $20 million to the BNB Incubation Alliance.
Gate Ventures, the VC arm of Gate.io, proudly announces a strategic pledge of $20 million to the BNB Incubation Alliance (BIA), an innovative global initiative by BNB Chain and Binance Labs.
The BNB Chain team has launched MEME Solution, a platform created to offer developers full support for launching meme coins.
Polygon (POL), a prominent Layer-2 scaling solution for Ethereum, has emerged as a key player in the evolving cryptocurrency landscape. Designed to address Ethereum's scalability issues, Polygon offers a faster and more cost-efficient alternative for users and developers alike.
Mukesh Ambani, the richest man in Asia with an estimated fortune of over 100 billion dollars, has just taken a major step in the world of crypto. His conglomerate Jio Platforms, a telecommunications leader in India with over 450 million users, is launching JioCoin on the Polygon network.
Bitcoin's chance of hitting a new all-time high has increased, buoyed by expectations of the adoption of a US Bitcoin reserve.
Mukesh Ambani-led Reliance Jio, India's dominant telecommunications company, has launched the digital token Jiocoin as part of its blockchain-powered rewards program for its 450 million user base. The new coin has been integrated into Jio's proprietary JioSphere browser, which allows users to earn the tokens while browsing.
KernelDAO, a leading restaking protocol, has launched a $40 million Ecosystem Fund to accelerate the development of its platform and strengthen its presence within the BNB Chain ecosystem.
This partnership aims to revolutionize digital experiences for Jio's massive user base of over 450 million people. Jio Platforms, a subsidiary of Reliance Industries—led by billionaire Mukesh Ambani—announced its Web3 and blockchain initiative on Thursday.
Jio Platforms has introduced a new reward token called JioCoin on the Polygon blockchain network.
Despite the excitement, JioCoin has drawn criticism regarding its transparency and functionality.
JiCoin's are currently not redeemable or transferable.
Despite Bitcoin experiencing a bullish rally, the prime altcoin, Ethereum (ETH), has lagged in relative terms. Ethereum has found the $3,800 price level, a critical resistance it has not breached in the past 30 days.
JioCoin, a reward-based token, has been introduced by Jio Platforms, owned by Indian business leader Mukesh Ambani. The development has triggered serious discussions among Indian cryptocurrency enthusiasts. Many think that Jio's crypto will redefine the Indian crypto environment.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) While altcoins such as XRP, SOL, and BNB have made new records since November 2024, Ethereum continues to struggle with a modest 3% price increase this week.
Jio launches JioCoin on the Polygon network, sparking community speculation about its use cases.
Cryptocurrencies recorded significant surges over the past few sessions as bulls emerged ahead of Donald Trump's inauguration ceremony. Crypto trading platforms confirm the prevailing enthusiasm with surged trader activities. BitDegree data shows Binance's 24-hour trading mushroomed from $4.78 billion on 11 January to yesterday's peak of $19.06 billion. That suggests a staggering 298.
BNB price is consolidating above the $700 support zone. The price is consolidating and might aim for a fresh increase above the $720 resistance.
A closely followed crypto analyst says that one top-10 altcoin is forming one of the most bullish digital asset market structures around. In a new strategy session, crypto trader Ali Martinez tells his 108,000 followers on the social media platform X that payments altcoin XRP is forming a bull pennant pattern.
Polygon (POL) is currently at a pivotal point in its price action, as it consolidates within a descending triangle pattern on the 4-hour chart. The price range between $0.47 and $0.41 has become a critical zone, with both bulls and bears battling for dominance.
Jio Platforms, a subsidiary of Reliance Industries and one of India's leading technology companies, has entered into a strategic partnership with Polygon Labs, the developer arm of the Polygon Protocols.
Jio Platforms collaborates with Polygon Labs to bring blockchain solutions, empowering millions of users with advanced Web3 capabilities.