Polygon – DIGIT INFO

Presidential Election Betting Surges as Odds Tighten on Polymarket

The competition has notably intensified in recent months for the 2024 U.S. presidential election, as indicated by the prediction market platform Polymarket. Just two months ago, former President Donald Trump was ahead with a 52% lead, while incumbent Joe Biden was at 33%. Current figures from Polymarket still place Trump in the lead, albeit by […]

Go to Source

Google Introduces Cryptocurrency Wallet Balance Check via Search Engine

Google has enhanced its search engine to allow users to check their cryptocurrency wallet balances directly by entering the wallet’s address, supporting various blockchain networks including Bitcoin, Arbitrum, Avalanche, Optimism, Polygon, and Fantom. This feature not only shows the native token balance of a wallet for each supported network but also indicates the last time […]

Go to Source

NFT Market Flourishes With an 11.62% Rise This Week; Largest Ordinal Inscription Fetches Record 8 BTC

Sales of Non-fungible tokens (NFTs) have witnessed a notable uptick this past week, climbing 11.62% to hit $442.02 million over the previous seven days. The most significant transaction was the sale of the ‘Alien’ Cryptopunk #3,100, donning a headband, for $16 million, with Bitcoin-based NFTs claiming the lead in sales volume across 22 different blockchains. […]

Go to Source

NFT Market Booms With 35% Sales Increase as Cryptocurrencies Rally

As the value of cryptocurrencies has risen, the non-fungible token (NFT) market has experienced a 35.14% increase in sales compared to the preceding week. This marks the third consecutive week of sales growth in the NFT sector, with NFTs based on Bitcoin leading the charge throughout this period. NFT Sales Surge Past $412 Million in […]

Go to Source

Weekly NFT Sales Rise 17% With Bitcoin Climbing Back to Second in Volume

Based on the most recent international standings and weekly figures, sales of non-fungible tokens (NFTs) have surged by 17.66% in the past week, amassing slightly more than $306 million in sales. This uptick marks a jump from last week’s 16.8% rise in NFT sales, with the leading blockchains in terms of volume — Ethereum and […]

Go to Source

Polygon’s MATIC Enters New Growth Phase As Token Distribution Concludes

The conclusion of the token distribution phase for Polygon’s cryptocurrency, MATIC, marks a significant milestone and potentially signals the beginning of a new phase of growth for the asset. Today, approximately 273 million MATIC tokens, valued at around US$253 million, were transferred from the Matic vesting contract to the Matic Foundation address, effectively completing Matic’s token unlock process. With this transfer, MATIC has entered full circulation, paving the way for potential developments and opportunities in the future. 273 million MATIC (valued at approximately US$253 million) were transferred from the Matic vesting contract to the Matic Foundation address today. This is

The post Polygon’s MATIC Enters New Growth Phase As Token Distribution Concludes appeared first on The Merkle News.

Go to Source

NFT Market Sales Dip 12% This Week While Highlight Collections Record Notable Rises

In the last week, the market for non-fungible tokens (NFTs) has seen a decline, with sales falling 12.67% compared to the previous week, totaling $255.22 million. Ethereum took the lead in NFT sales, raking in $133 million, while Solana followed with sales over $46 million, relegating Bitcoin to third place with $40.9 million in sales. […]

Go to Source

Telefonica Partners Chainlink to Mitigate SIM Swap Attacks in Web3

Telefonica, one of the world’s largest telecom companies, has partnered with Chainlink, a decentralized oracle provider, to improve security in Web3 environments. Through the use of Chainlink functions and Telefonica’s SIM Swap API implementation, Polygon apps would be able to check if the SIM of a mobile phone has changed in a given period. Telefonica […]

Go to Source

Polygon’s (MATIC) Value Faces Decline Amidst Market Uncertainty

The value of Polygon (MATIC) has experienced a downturn after reaching its peak at $0.88 last week. The overall decline of 9% has raised concerns among investors, leading to a prevailing pessimistic sentiment surrounding the future trajectory of the Polygon cryptocurrency. The current bearish trend zone suggests that an immediate upswing is unlikely. The price, currently trading at $0.81, faces challenges in breaking away from the bearish momentum. In this scenario, the market may continue to decline, potentially testing the next support level at around $0.75. A potential indicator of a positive shift would be a break above the resistance

The post Polygon’s (MATIC) Value Faces Decline Amidst Market Uncertainty appeared first on The Merkle News.

Go to Source

$BNB Takes the Lead In New Addresses Across Popular Blockchains

Following a significant surge in recent weeks, investors are optimistic about the continued bullish momentum of Binance Coin (BNB). Reports from coin98 analytics indicate that the BNB chain stands out, boasting the highest number of total addresses created among popular blockchains, reaching 413 million with an impressive growth rate of 74%. Polygon’s native cryptocurrency, MATIC, has also experienced a notable breakout above $1 during the current upward movement in prices. Notably, with a market valuation of $9.61 billion and a price of $1.006, MATIC has seen a 2% increase at the time of this report. Total unique addresses on popular

The post $BNB Takes the Lead In New Addresses Across Popular Blockchains appeared first on The Merkle News.

Go to Source