Friday, October 18, 2024
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Bitcoin (BTC) Price Breakout ‘Imminent’ as Polygon’s MATIC, Chainlink’s LINK Lead Altcoin Gains

Crypto investment services firm Matrixport noted in a Wednesday report that bitcoin's breakout above $36,000 is "imminent," fueled by consistent BTC purchases during U.S. trading hours. This is coupled with a more accommodating macroeconomic environment for risk assets, with dovish Federal Reserve messaging, retreating bond yields and the U.S. Treasury

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Polygon launches POL token contract on Ethereum to eventually replace MATIC

Polygon Labs has launched the Ethereum contract for the new Polygon token, POL, according to an October 25 announcement. The new token is intended to replace the ecosystem’s current token, MATIC. However, the team said users presently don't need to exchange their MATIC for POL.The POL token upgrade is now

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Bitcoin Price (BTC) Surges to 3-Month High as Chainlink (LINK), Polkadot (DOT), Polygon’s MATIC Prices Lead Cryptocurrency Bounce

The CoinDesk Bitcoin Trend Indicator BTI, which measures the directional momentum and strength in bitcoin's price action, switched to "significant uptrend" as BTC strengthened its footing above the $30,000 level, Todd Groth, head of research at CoinDesk Indices, noted. Original Source

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