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.
The platform aims to use its financing to eventually launch its own token, with the overall goal of expanding TON's DeFi landscape.
TON appears to be in the preparatory phase of a potential rally.
After a prolonged period of consolidation, cryptocurrency activity has picked up this week, with global crypto market capitalization rising by 2% during that period.
Polkadot's rally has gained strength with bullish patterns and market support.
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.
Toncoin (TON) could be on the verge of a significant price surge, according to a recent analysis by CryptoQuant. A key indicator is signaling that TON is entering a low-risk phase, which might present an opportunity for strategic accumulation, CryptoQuant stated in its recent tweet.
Solana price has surged this week, and the rising odds of a SOL ETF may push it higher this year. One way of taking advantage of SOL's price action is to invest in top Solana rivals that could replicate its success this year.
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.
Toncoin maintains stability above $5.50 amid an $8.5 billion surge in transaction volume, while analysts project potential growth to $16.65 by 2025 and $46.77 by 2030.
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.
Jio launches JioCoin on the Polygon network, sparking community speculation about its use cases.
Toncoin (TON) has shown signs of recovery, trading above $5.5 after experiencing price declines in recent weeks. This rebound has not only boosted TON's market capitalization by some millions but also brought investors to ponder on Toncoin's potential for a sustained rally.
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.
Polkadot price remains 40% below its highest level in December, but a rare chart pattern on the daily chart points to a strong rebound.
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.
Telegram scams rise by 2,000% as scammers use malware bots in trading and airdrop groups. TON enters the U.S. market, bringing in-app payments and gaming features to Telegram's large user base.
Jio Platforms collaborates with Polygon Labs to bring blockchain solutions, empowering millions of users with advanced Web3 capabilities.
TON Foundation appointed Manuel Stotz as president to lead US market expansion while its cryptocurrency faces technical pressure at critical price levels.
Polygon Labs has partnered with India's largest telecom operator, Reliance Jio, to integrate blockchain into the company's existing infrastructure.
India's telecommunications and digital services company, Jio Platforms, is introducing Web3 capabilities to its user base of over 450 million. The initiative involves a collaboration with Polygon Labs, the developers of the Polygon blockchain protocols, aiming to support the development of decentralized applications and services in the country.
Reliance's Jio Platforms has joined hands with Polygon Labs to bring web 3 and blockchain solutions to more than 450 million consumers in India. The collaboration aims to integrate its advanced blockchain technology into Jio's services, marking a major step towards Web3 adoption in the country.
Polygon price battles resistance as bullish signals align for a potential rally.
The biggest telecom company of India, Reliance Jio has entered into a partnership with Blockchain leader Polygon Labs. This team up will bring web3 services to over 450 million Jio users. What exactly is cooking between Reliance Jio and Polygon, let's try to uncover.
Toncoin (TON) has surged by 104% in just 24 hours, catching the attention of crypto traders and analysts alike. The sharp price spike is attributed to increased whale activity and a wave of short liquidations sweeping across the market.
Reliance Industries' digital arm, Jio Platforms, has announced a strategic partnership with blockchain company Polygon Labs to introduce Web3 capabilities to its existing applications and services.
Polygon ($POL) has been consolidating between $0.47 and $0.41, leaving traders speculating about its next move.
Reliance Jio will collaborate with Polygon Labs to bring blockchain innovations to its 450 million users in India.
Polygon's CEO hailed the partnership as a significant step forward for Web3 adoption in India.
Jio Platforms Ltd. collaborates with Polygon (MATIC) Labs to enhance Web3 capabilities, impacting over 450 million users in India with cutting-edge blockchain solutions.
The suit alleges Southwest Airlines repeatedly operated late-arriving flights in 2022.
Polygon POS may be a legacy chain, but is one of the most active L2 for stablecoin usage.
Lower timeframes showed that bullish sentiment has been creeping back into the market.
In the last 24 hours, Toncoin (TON) has seen a significant surge in large transaction volume, which indicates whale activity. According to IntoTheBlock data, TON's large transaction volume has risen 104% in the last 24 hours to reach $8.13 billion.
The Open Network (TON) Foundation, closely associated with Telegram, is setting its sights on an ambitious expansion in the United States. This strategic move comes amid expectations of a more favorable regulatory environment under the incoming administration led by Donald Trump.
The TON Blockchain is expanding its U.S. operations under new president Manuel Stotz while experiencing modest market gains, with its native Toncoin trading at $5.37.
The TON Foundation confirmed its plans on January 14, signaling a major shift toward the American market. “The US ranks as one of the world's largest financial centers,” said Manuel Stotz, the new president of the TON Foundation.
The themes of the projects include three tracks: AI, DePIN, and Memecoins.
Polygon (MATIC) Labs and Courtyard.io are hosting an onchain auction for a PSA 10-graded Charizard Pokémon card, marking a significant advancement in the tokenization of physical collectibles.
The TON Foundation is preparing for a major expansion in the US, encouraged by expectations of a favorable regulatory climate under the incoming administration of Donald Trump.
The TON Foundation, a blockchain initiative linked to Telegram, is gearing up for significant expansion into the United States, according to a Jan. 14 statement. The strategic shift follows its strong 2024 performance and aligns with a more favorable crypto outlook under President-elect Donald Trump's incoming administration.
Manuel Stotz's mandate will involve fostering additional growth in the United States for the blockchain closely tied to Telegram.
Telegram-backed TON Foundation has plans to enter the US market amid expectations for regulatory shift.