MATIC price has retraced a majority of its recent gains. Cointelegraph explores why. Polygon’s native token (MATIC) experienced a 16.4% rally that coincided with the launch of Polygon 2.0 Goreli testnet on Oct. 4. However, the resistance at $0.60 proved stronger than anticipated and was followed by a 10.6% decline over the six days leading…
Read more
As the dynamic crypto landscape evolves, attention is turning not only to the giants but increasingly to emerging altcoins that show promise and innovation. October is shaping up to be a pivotal month for a select group of these altcoins, with potential frontrunners positioning themselves. Here are our top 4 altcoins for October. Arbitrum (ARB)…
Read more
Today, the Arbitrum Foundation, an organization dedicated to supporting Arbitrum, an Ethereum Layer 2 network, announced a strategic partnership with protocol studio Fracton Ventures. The collaboration seeks to establish Arbitrum’s footprint in Japan, an outcome to be achieved through the launch of Arbitrum Japan, a platform designed to kickstart ecosystem growth and community education initiatives. ……
Read more
In the past month, there have been more daily active addresses on the NEAR Protocol than in Ethereum and its layer-2 protocols, including Arbitrum and OP Mainnet, Artemis data from September 25 reveals. Artemis, an institutional data platform for digital assets, shows that the number of daily active addresses on NEAR Protocol has been consistently…
Read more
Bitcoin’s tight range trading points to a potential range expansion and that could trigger a trending move in LINK, MKR, ARB, and THETA. Bitcoin (BTC) has been trading in a tight range for the past three days even as the S&P 500 fell for the last four days of the week. This is a positive…
Read more
Google’s BigQuery added 11 new public data sets for blockchain networks, allowing users to obtain a variety of data from these networks. Google Cloud’s BigQuery service just added 11 blockchain networks to its data warehouse, according to a Sept. 21 blog post. The new networks include Avalanche, Arbitrum, Cronos, Ethereum’s Görli testnet, Fantom, Near, Optimism,…
Read more
In the world of social media, competition is fierce, and when it comes to token-gated channels, pioneer Friend.Tech dominated until rival Post.Tech recently experienced a surge in daily trading volume, The Block reported on Thursday. Post.Tech operates much like its predecessor, Friend.Tech, offering token-gated channels where users can buy and sell access tokens. Both platforms…
Read more
Arbitrum (ARB) is gearing up for a monumental token unlock scheduled for March 2024, poised to inject a staggering 1.11 billion ARB tokens, worth approximately $907 million at current market prices, into the cryptocurrency market. Token unlocks refer to the release of previously restricted or vested tokens into circulation. These events often have significant consequences…
Read more
The newest layer two (L2) blockchains are being adopted at record speeds, with some reaching one million users within weeks rather than months, according to a study by Coingecko. L2 Blockchains Hit One Million Users Faster Than Ever, Coingecko Study Shows A layer two (L2) blockchain runs alongside an existing blockchain like Ethereum to improve…
Read more
The realm of decentralized finance (defi) is grappling with the aftermath of the sweeping crypto market slump that marked the close of August. As it stands, the total value locked (TVL) in defi, pegged at $37.59 billion, has plummeted to a low last witnessed in the second week of February 2021. Crypto Winter’s Grip on…
Read more
