Biggest Movers: MATIC Retreats From 12-Week High on Monday

Polygon retreated from a multi-month high to start the week, as traders moved in to secure recent gains. Chainlink also moved lower, as prices were unable to break out of a key resistance level. Market sentiment in cryptocurrencies shifted today, with the global market cap trading 2.11% lower as of writing. Polygon (MATIC) Polygon (MATIC) … Read more

Biggest Movers: MATIC Nears 3-Month High, as LINK Extends Recent Gains

Polygon rose to its highest level since early November on Friday, as markets reacted to the latest U.S. consumer sentiment data. Sentiment rose to 64.9 in January, up from a reading of 59.7 in December. Chainlink also surged in today’s session, hitting its strongest point in nearly two months. Polygon (MATIC) Polygon (MATIC) was a … Read more

Biggest Movers: AVAX Hits Multi-Month Peak, as MATIC Jumps to 1-Week High

Avalanche moved to a multi-month high on Jan. 24, after reports that the number of bitcoin on its network rose to 5,493. The news saw the token surge by nearly 5% today, rising for a third straight session in the process. Polygon also moved higher on Tuesday, hitting a one-week high. Avalanche (AVAX) Avalanche (AVAX) … Read more

Polygon Announces Upcoming Hard Fork to Address Gas Spikes and Chain Reorganizations

The Ethereum scaling blockchain, Polygon, has revealed plans to initiate a hard fork on Jan. 17, 2023. According to the team, the network upgrade will “reduce the severity of gas spikes” and “address chain reorganizations (reorgs) in an effort to reduce time to finality.” Polygon Team Outlines Network Upgrades to Improve User Experience On Jan. … Read more

Unreported Transactions Linked to Disgraced FTX Co-Founder Revealed by Onchain Investigation

According to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number of previously unreported transactions across various blockchains. The transfers were discovered by Conor Grogan, a director at Coinbase, and while most of the transactions took place on Dec. 28, there was some recent activity in the first … Read more

Biggest Movers: ADA Hits All-Time Low on Friday, MATIC Extends Recent Downtrend

Cardano fell to an all-time low on Friday, as sentiment in crypto markets remained bearish in today’s session. The token fell for a third consecutive day, with prices moving below a key price floor in the process. Polygon also extended recent declines, hitting a multi-week low as a result. Cardano (ADA) Cardano (ADA) hit an … Read more

Biggest Movers: MATIC, QNT Move Higher on Friday, as Cryptos Rebound

Polygon was a notable gainer on Friday, as cryptocurrencies moved higher following a turbulent week of trading. The global crypto market cap is 2.28% higher as of writing, as markets prepared for the release of U.S. consumer sentiment data. Quant was another big mover, as prices surged for a second straight day. Polygon (MATIC) Polygon … Read more