Category: MATIC

Biggest Movers: MATIC Slides to 1-Year Low as LINK Rebounds Following Losses

Biggest Movers: MATIC Slides to 1-Year Low as LINK Rebounds Following Losses

MATIC fell to a one-year low on Wednesday, as crypto markets continue to crash this week. The decline sees MATIC almost 10% lower, and comes as LINK rebounded on Wednesday, hitting a four-day high in the process. Polygon (MATIC) MATIC was a notable mover on hump-day, as prices of the world’s 20th-largest cryptocurrency fell by […]

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Polygon Price Analysis: Can Triangle Breakout Lead MATIC Price to $1?

The Polygon(MATIC) price has been trapped within a symmetrical triangle pattern for nearly a month now. The pattern range reflects a no-trading zone; however, the narrowed price action should eventually result in a decisive breakout. Thus, this pattern’s outcome should reveal the upcoming rally in MATIC. Key points  The 20-day EMA assists sellers in preventing […]

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Polygon [MATIC] Price Prediction: Can MATIC Price Hit $5.0 in 2022?

The sudden rise in Defi (Decentralized Finance) adoption among investors and crypto traders has led many to seek alternative solutions to the ever-growing Ethereum(ETH)  transaction fees. For an awesome user experience on Defi platforms, Polygon came up with a solution that allows retail and institutional traders. Like, to interface with Defi applications at an affordable […]

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Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks

Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks

Following the company launching a fiat-pegged tied to the value of the Mexican peso, Tether, the stablecoin issuer has announced the firm has launched tether tokens on the Polygon network. The Polygon integration follows the stablecoin being added to the Avalanche and Kusama blockchain networks. Tether Joins the Polygon Blockchain Ecosystem The largest stablecoin by […]

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$19.2 Billion in Staked Assets — Liquid Staking Solution Lido Set to Surpass Curve’s TVL

$19.2 Billion in Staked Assets — Liquid Staking Solution Lido Set to Surpass Curve’s TVL

While the total value locked (TVL) in decentralized finance (defi) hovers just above the $214 billion mark, a defi protocol called Lido has been moving closer toward taking Curve’s top spot in terms of TVL in a defi protocol. Currently, the liquid staking solution Lido has $19.2 billion in staking assets derived from five different […]

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YouTube’s Head of Gaming Joins Polygon Studios, CEO Praises NFT and Crypto

Top talent from the tech industry is witnessing new opportunities in the crypto space. On Tuesday, January 25, YouTube’s head of gaming – Ryan Wyatt – announced that he shall be leaving YouTube next month to join Polygon Studios. Mr. Wyatt is quite excited about his new role as the CEO of Polygon Studios. In […]

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Lark Davis sees Polygon (MATIC) reaching $10 by end year, here’s why

Crypto analysts Lark Davis thinks a $10 price for Polygon (MATIC) is inevitable by the end of 2022. He highlights various developments, partnerships, and milestones the network has achieved as the reason for this. The wider crypto market has seen even bigger losses in the past week, and Polygon (MATIC), Ethereum’s layer-two solution has been […]

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DeFi market shows signs of recovery on first Monday of New year; $YFI, $UNI, $AAVE among the top performers

The start of the new year has brought back bulls for Defi altcoins as some of the top performers on New Year Monday include Uniswap (UNI), AAVE, and Yearn.Finance (YFI) topping the charts with the biggest gains for the day. Santiment data showed that even though a majority of the market remained nearly flat with […]

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Polygon co-founders say they’ve gotten rid of C-suite positions

Polygon co-founders say they’ve gotten rid of C-suite positions

Ethereum scaling project Polygon no longer has C-suite positions such as CEO and COO. Polygon co-founder Sandeep Nailwal, who was also the COO of the project, has removed that position from his job title sometime this month, according to his LinkedIn profile. When contacted, Nailwal told The Block that he recently updated his LinkedIn profile […]

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