The purported sales are the latest measures the embattled firm has taken following moves in recent months to raise capital and preserve liquidity. Cryptocurrency conglomerate Digital Currency Group (DCG) has reportedly begun to sell its holdings in crypto funds managed by its subsidiary Grayscale Investments as it looks to raise capital and preserve liquidity. According…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Ethereum to Activate Zhejiang Testnet Next Week, Sberbank to Release a DeFi Platform by May, Titan Comics to Launch a Comic Series Based on Nouns NFTs in April…
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Avalanche moved to its highest point since August, as the token rose by as much as 17% in today’s session. Cryptocurrencies surged across the board, following the latest Federal Reserve rate hike, with the global market cap 4.29% higher as of writing this. Polygon also hit a multi-month high on Thursday, rising by over 14%…
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MATIC made a 180-degree turn at the beginning of the year, following Bitcoin’s lead. The token, used to govern and secure the Polygon Network, had consolidated since mid-July, with some erratic price action recorded in November. At the time of writing, Polygon’s token has maintained its momentum since January with a gain of 42.6%, breaking…
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The MATIC price started to depreciate on its daily chart after it met its immediate resistance of $1.124. In the same time frame, the coin fell by almost 6%. Over the last week, however, MATIC registered sharp gains as it appreciated by nearly 13%. The MATIC price currently stands at a critical point, as a…
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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)…
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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…
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MATIC price started a fresh increase from the $0.920 support zone. Polygon bulls are now aiming more gains above the $1.12 resistance zone. MATIC price started a fresh rally above the $0.98 resistance against the US dollar. The price is trading above $0.98 and the 100 simple moving average (4-hours). There was a break above…
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Dogecoin slipped to a five-day low on Wednesday, as the meme coin fell for a second straight session. The move saw prices drop by over 5%, edging closer towards a key price floor in the process. Polygon also extended recent declines, hitting its weakest point since January 19. Dogecoin (DOGE) Dogecoin (DOGE) dropped to a…
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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)…
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