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” Price analysis 3/13: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL “ Three banks, Silvergate, Silicon Valley Bank and Signature collapsed within a span of a few days. That increased demand for United States government bonds, which sent the yield on the 2-year Treasury tumbling to 4.06%, a fall of 100 basis…
” Ethereum layer-2 solutions may focus less on token incentives in the future “ Layer-2 networks continue to gain momentum as the Ethereum ecosystem advances. For example, data from analytics provider Token Terminal found that layer-2 scaling solution Polygon had 313,457 daily active users as of Jan. 17, 2023 — a 30% increase in activity…
” Price analysis 3/10: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIB “ Bitcoin (BTC) led a sharp sell-off in the cryptocurrency markets on March 9 as the woes at Silvergate Bank and Silicon Valley Bank dented investor sentiment. In addition, crypto-specific news of a suit filed by New York Attorney General Letitia…
” Price analysis 3/8: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC “ On March 7, United States Federal Reserve Chairman Jerome Powell warned that interest rates may remain higher for longer than previously anticipated. This boosted expectations of a 50 basis points rate hike in the Fed’s March meeting to about 70%…
” Binance NFT adds Polygon network support to its marketplace “ Binance NFT, the nonfungible token (NFT) arm of crypto exchange Binance, has announced that the Polygon network has been included in its supported blockchains within the marketplace. According to the announcement, the move further expands the NFT ecosystem within the Binance community. With the…
” Price analysis 3/6: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL “ The United States equities markets are trying to extend their recovery at the start of the new week. One of the reasons that could be boosting investor confidence is that the yield on the benchmark 10-year note has slipped further…
” Price analysis 3/3: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC “ Bitcoin (BTC) is leading the cryptocurrency markets lower and the matter is being exacerbated by Silvergate Banks’ ongoing issues. This week the cryptocurrency-focused bank said that it needed additional time to file its annual 10-K report and warned that it may…
” Polygon and Mercy Corps bring blockchain to underserved communities “ Blockchain technology continues to make its way into mainstream view, as many companies adopt the technology as a part of their operations. In the push for adoption of this technology comes the simultaneous need for more education on the technology. A new partnership announced…
” Polygon launches decentralized ID product powered by ZK proofs “ Polygon, a layer-2 scaling protocol for Ethereum has launched a zero-knowledge decentralized identity solution, Polygon ID to the public nearly a year after announcing its development. The service uses zero-knowledge proofs (ZK proofs) that use cryptographic techniques to allow users to verify their identity…
” Price analysis 3/1: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC “ Bitcoin (BTC) was marginally positive in February even though the S&P 500 index (SPX) fell by 2.61%. On the first day of March, Bitcoin has started on a positive note while the United States equities markets are struggling. This shows…