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Polygon announced an initiative to bolster its ecosystem. For the inaugural season of its Community Grants Program (CGP), it will allocate 35 million MATIC tokens.
This initiative aims to support new projects built on the Polygon and Ethereum networks.
Polygon to Fund New Crypto Projects
Polygon 2.0 represents the next evolution of the Polygon Layer 2 network, aiming to deliver unlimited...
Recently, Celestia has undergone substantial price movements, particularly a sharp 20% decline on Friday, June 7.
This drop saw the price exit the 4-hour Ichimoku Cloud to the downside, breaking through both the 100 and 200 EMA lines.
This analysis will explore the critical support and resistance levels on both the 4-hour and 1-hour charts, offering insights into potential future price...
Uniswap (UNI) price could be looking at sideways movement instead of further drawdown, given that it has already declined considerably.
The broader market cues and investors’ actions together are sending mixed signals.
Uniswap Consolidation Ahead
Uniswap’s price has been attempting to invalidate a key barrier for some time now but has been unsuccessful. Consequently, UNI has noted a...
Fantom (FTM) has seen a significant decline in new demand in the past few months. This decline in network usage connotes a drop in the demand for its native token, FTM.
Due to this, while the rest of the market logged gains in the last month, the value of FTM trended downward.
New Users Shun Fantom
The number of new addresses created daily to trade FTM rallied to a year-to-date (YTD)...
Binance has listed the IO token from the Decentralized Physical Infrastructure Network (DePin) project io.net. Trading of the IO token commenced on June 11 at 12:00 UTC.
Notably, the claim for the token opened an hour earlier at 11:00 UTC.
Crypto Analysts Speculate on the Valuation of IO Tokens
This listing marks a pivotal moment for io.net, as the token currently trades at $3.78. It...
The injective (INJ) price did note a bullish development, but this may not be sustained owing to rising investor skepticism.
The increasing selling pressure is evident in the actions of the INJ holders, which is reducing the chances of recovery.
Injective Holders Are Moving Their Holdings
Injective’s price is bearing the brunt of the surge in selling among investors, which is increasing...
After concluding a very successful 13th edition of the Global Blockchain Congress in Dubai, UAE, Agora Group is heading to Singapore for the 2nd Southeast Asia Edition on September 12 and 13, 2024.
The 2nd SEA edition will be focusing on:
Singapore — A Land of Opportunity
Digital Assets Market: Key Trends...
OKX exchange has seen upwards of $633 million in outflows over the last seven days. It comes on the back of security concerns amid rumors that the platform is porous due to email and SIM authentication.
The platform says the matters are being investigated and would take responsibility if results prove the fault is in-house.
OKX Exchange Suffers Massive Outflows
OKX trading platform has...
Solana (SOL) trended within a horizontal channel between April 13 and May 15. As buying pressure gained momentum, the bulls initiated a rally above the upper line of this channel, and SOL broke above that level on 16 May.
The surge in demand for the altcoin pushed its price to $187 on May 20, where it peaked. However, it has since trended downward and fallen back below the breakout level of $...
The crypto market has been experiencing significant volatility as the US Federal Reserve prepares to release updated economic projections this week.
Despite slower growth, market watchers and investors expect these projections to show fewer interest rate cuts.
JPMorgan and Citi Abandon July Rate Cut Forecasts
The Fed Chair, Jerome Powell, has warned that actual outcomes may vary....