Polygon Starts Burning MATIC Tokens After Successfully Implementing Ethereum (ETH) Update

A popular crypto trader says only a miracle can change the trajectory of the two largest crypto assets by market cap. In the latest TechnicalRoundup newsletter, pseudonymous crypto analyst Cred says Bitcoin (BTC) needs an “imminent and strong rally” to maintain the support zone that has been held since June of 2021.

The crypto analyst who predicted Bitcoin (BTC) would crash this year is revealing what he thinks will be the bottom price for the benchmark cryptocurrency. The pseudonymous crypto trader Capo tells his 319,300 Twitter followers he expects Bitcoin to plunge further as the crypto asset drops below the key support level.

Coinbase Wallet customers can now trade crypto assets on two new leading crypto networks. The self-custody wallet rolled out swaps for BNB Chain (BNB), formerly Binance Smart Chain, and Avalanche (AVAX) this week, adding to its existing support for Ethereum (ETH) and Polygon (MATIC). Coinbase Wallet says customers can swap...

STEPN (GMT), a move-to-earn blockchain project that exploded by a staggering 20,000% after launching earlier this year, is now gaining even further momentum with the creation of a second digital asset on a different chain. The fitness project was initially built on Solana (SOL) with a dual-token system: Green Metaverse...

CNBC is reporting the world’s third-largest cryptocurrency exchange by volume, FTX, is targeting stock trading startups for acquisition. According to CNBC sources, FTX has approached at least three stock trading startups with a view of acquiring them. The report says the talks are at an early stage and no...

The founder and CEO of crypto exchange FTX says he is willing to give at least $100 million to the right candidate in the next US Presidential election. In a new interview on the What’s Your Problem podcast, Sam Bankman-Fried says that he could spend a lot of money in the 2024 election cycle depending on who runs for president.

The number of tokens created on EVM networks decreased by 44% on average in April, compared to March. The average number of daily transactions on the Ethereum network decreased by 3.5% in April, compared to March. The average ETH gas price rose by 14.4% in April, compared to March. From...

Ethereum (ETH) gas consumption trends paint a picture of what sectors of the crypto market have been expanding, according to the analytics firm Glassnode. In a new analysis, Glassnode says non-fungible tokens (NFTs) now represent 30% of Ethereum’s gas consumption dominance, far outweighing decentralized finance (DeFi). “Through observation of...

Legendary investor Bill Miller says the upcoming Ethereum (ETH) switch to a proof-of-stake network will saddle Bitcoin (BTC) with one huge advantage over the top altcoin. In a new interview on The Investor’s Podcast Network, the billionaire investor says ETH’s switch from a proof-of-work to a proof-of-stake consensus mechanism could increase financial inequality, a problem that wouldn’t be found on the top crypto asset by market cap.

Coinbase CEO Brian Armstrong says he feels optimistic about the crypto regulatory landscape in the United States. While speaking at a Milken Institute conference earlier this month, Armstrong acknowledged there could be more crypto regulatory clarity overall, though he still thinks the US is headed in the right direction. “I...

A popular crypto analyst says altcoin bulls could be taking on huge amounts of risk as Bitcoin (BTC) continues to weigh down the market. In a new video, Jason Pizzino tells his 267,000 subscribers that current market conditions may not be favorable for long entries or trying to dollar-cost average (DCA).

Singapore-based digital asset exchange Crypto.com is following in the footsteps of other top exchanges and listing a new Ethereum (ETH)-based altcoin focused on developing the Web3 space. Crypto.com recently rolled out support for Project Galaxy (GAL), which bills itself as the largest Web3 credential data network in the world. The...

A closely tracked crypto strategist and trader is warning Bitcoin holders that BTC is poised to hit a new 52-week low. Pseudonymous trader Capo tells his 322,300 Twitter followers another sell-off event is in sight for Bitcoin as the crypto markets continue to show signs of weakness. “Almost the entire...

A top crypto analyst believes four Ethereum (ETH) competitors face a bleak future if Bitcoin (BTC) continues to fall. Pseudonymous trader Altcoin Sherpa tells his 176,100 Twitter followers that smart contract-enabled blockchains Solana (SOL), Avalanche (AVAX), Polkadot (DOT) and NEAR Protocol (NEAR) are all set to shed around 50% of their value from current prices if Bitcoin keeps trending lower.

Popular crypto trader Michaël van de Poppe predicts Bitcoin (BTC) will breach $30,000 soon. The crypto analyst tells his 605,300 Twitter followers how BTC can reach $32,800. “Simple, looking at $28,800 and/or $29,300 for continuation upwards on Bitcoin as we’ve been sweeping all the lows and touching that $28,200 zone.

A popular altcoin trader is predicting rallies for Binance Coin (BNB) and two Ethereum (ETH) challengers including Solana (SOL). Pseudonymous crypto strategist Altcoin Sherpa tells his 176,000 Twitter followers that BNB, the utility token of crypto exchange Binance, is one of the strongest altcoins in the market right now. “BNB:...

A Silicon Valley-based investment firm is launching a massive $4.5 billion digital assets fund as crypto markets continue to see widespread stagnation. According to a new letter penned by Andreessen Horowitz general partner Chris Dixon, the venture capital giant is launching the latest fund because the world is entering into the “golden era” of Web 3.0 development.

An altcoin fueling a play-to-earn metaverse game is seeing green after being added to the US’s largest crypto exchange. In a new announcement, Coinbase says The Sandbox (SAND) will start trading on Coinbase Pro paired with Tether (USDT) once appropriate liquidity conditions are met. The Sandbox is a virtual...

A top-ranking executive at one of the leading credit card companies in the world is weighing on what it would take for the industry to adopt blockchain technology on a mass scale. In a new interview hosted by the Avalanche (AVAX) YouTube channel, the vice president of Mastercard Harold Bossé...

Ankr, one of the world’s fastest-growing Web 3.0 infrastructure providers, officially announces its partnership with Pocket Network, a blockchain data ecosystem for Web 3.0 DApps. This partnership is a major push toward a fully decentralized infrastructure for the betterment of the entire Web 3.0 ecosystem. Given that Ankr and...