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. A bull pennant pattern […]
The post Analyst Says Top-10 Altcoin Has a Massively Bullish Setup, Maps Path Forward for Polygon, Ethena and Algorand appeared first on The Daily Hodl.
A chart pattern suggests an Ethereum (ETH) layer-2 scaling solution altcoin could surge by 2,400%, according to a popular crypto analyst. The trader Ali Martinez tells his 105,800 followers on the social media platform X that Polygon (MATIC) has been building a multi-year descending triangle since 2021. “This pattern shows lower highs pressing towards a […]
The post Trader Predicts Ethereum-Based Altcoin Could Explode by Over 2,400%, Updates Outlook on Bitcoin appeared first on The Daily Hodl.
Global investment firm Franklin Templeton’s proprietary blockchain-integrated record-keeping system Benji is now on crypto exchange Coinbase’s Base. With the development, the Franklin OnChain U.S. Government Money Fund (FOBXX) – which invests at least 99.5% of its total assets in U.S. government securities, cash and repurchase agreements – can now be traded on the Ethereum (ETH) […]
The post Franklin Templeton Expands Blockchain Record-Keeping System Benji to Ethereum Layer-2 Scaler Base appeared first on The Daily Hodl.
Top US-based crypto exchange Coinbase is adding support for the Polygon’s (MATIC) highly anticipated rebrand to the Polygon Ecosystem Token (POL). In a new announcement, Coinbase Assets says it’s adding POL to its suite of products with an experimental label, meaning it could display high price volatility or relatively low trading volume. Last month, Coinbase […]
The post Coinbase Adds Support for Highly-Anticipated Polygon (MATIC) Re-Brand Token Polygon Ecosystem Token (POL) appeared first on The Daily Hodl.
Polygon has officially upgraded from MATIC to POL as its network token, marking a significant milestone in its evolution. This community-driven upgrade, effective from September 4, 2024, transitions POL to be the native gas and staking token for the Polygon proof-of-stake network. Users holding MATIC on Ethereum can seamlessly migrate to POL through the Polygon […] 
We’re thrilled to announce that we’ve extended the network coverage of POL to include the Polygon Network! This is an important step as we work towards supporting the Polygon team’s objective of migrating all MATIC to the POL token. To find out more about this migration, check out our Support Center. In the coming months, […]
The post POL on the Polygon Network is now available for funding! appeared first on Kraken Blog.
Certain on-chain metrics suggest that blockchain scaling solution Polygon (MATIC) could be on the verge of a price reversal, according to the crypto analytics firm Santiment. Santiment notes MATIC recently witnessed a spike in active addresses and dormant coin movement. “Polygon has been among the many networks declining since crypto’s retrace began back in March. […]
The post Polygon (MATIC) On-Chain Metrics Hint at Possible Price Reversal, Says Crypto Analytics Firm Santiment appeared first on The Daily Hodl.
Onchain activity for the Ethereum layer-2 network has picked up recently, but token prices remain at deep bear market levels.
Polygon’s native token MATIC could be in for a resurgence soon. Analysts have spied a “notable spike” in active addresses and dormant coins coming back to life.
On Aug. 28, blockchain analytics platform Santiment said there had been a surge in onchain activity on Polygon.
A chart shared on X shows a strong surge in dormant token movement this week, coinciding with this year’s second-highest number of Polygon addresses interacting with the network.
The U.S. District Court for the Northern District of California has denied Kraken’s motion to dismiss a lawsuit by the U.S. Securities and Exchange Commission (SEC). The court determined that the SEC “has plausibly alleged” that certain crypto tokens traded on the Kraken exchange could be considered securities, thereby allowing the case to proceed. Kraken’s […]
Coinbase has added Ethereum (ETH) layer-2 Polygon’s yet-to-be-launched native token to its listing roadmap. Making the announcement via social media platform X, the top US crypto exchange says it has placed Polygon’s POL on its listing roadmap, which the exchange created in 2022 for the purpose of transparency and to prevent front-running of token listings. […]
The post Coinbase Adds Upcoming Polygon Native Token (POL) to Listing Roadmap Ahead of September’s MATIC Rebrand appeared first on The Daily Hodl.
