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Showing posts with the label polygon

Price analysis 10/4: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, DOT, MATIC

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Bitcoin is consolidating at the top of its range and this is inspiring traders' confidence in a variety of altcoins. United States 10-year Treasury yields soared above 4.8% on Oct. 3, their highest level since 2007. DoubleLine Capital CEO Jeffrey Gundlach said in a post on X (formerly Twitter) that the spread between the 2-year and 10-year Treasury yields has narrowed from 109 basis points a few months ago to 35 basis points. He cautioned that this “should put everyone on recession warning.” Arthur Hayes, former CEO of crypto exchange BitMEX, warned in a recent X thread that the government will have to print money to save the bond market as a faster bear steepener — a condition where long-term interest rates rise more quickly than short-term rates — will cause firms to collapse. Some investors believe that this could trigger a cryptocurrency bull market. Daily cryptocurrency market performance. Source: Coin360 It also looks like the institutional investors have started to warm up ...

Indian E-commerce Giant Flipkart Launches NFT Loyalty Program On Polygon

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Flipkart Joins Hang By leveraging blockchain technology and Web3, FireDrops will redefine brand loyalty programs by involving the community and utilizing NFTs for rewards. This approach allows for easy ownership and redemption of rewards, creating new revenue streams for brands. The program also envisions the launch of a dynamic marketplace where users can buy and sell rewards, adding flexibility and value to loyalty programs. advertisement FireDrops 2.0 builds upon the success of previous pilots where users earned digital collectibles and membership passes through engaging actions. This latest iteration aims to deliver an even more immersive brand-first rewards experience. Users can sign up for the waitlist to gain early access and be among the first to experience the program. Naren Ravula, VP, Head of Product Strategy and Deployment at Flipkart, expressed the significance of this collaboration, stating, “By integrating web3 and NFT s into brand loyalty ...

Polygon's Nothing Phone Update Set to Launch Next Week

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The upcoming release of Nothing OS 2.0, the latest operating system for the Nothing Phone (1), a collaborative project between Polygon and technology startup Nothing, is set for the upcoming week. The internal beta version of the OS has already been introduced. The startup made the announcement through a Twitter post. The wait is almost over. We've been cooking up Nothing OS 2.0 for Phone (1), and as promised it'll be out next week. https://t.co/7UOnkTaYMP — Nothing (@nothing) August 22, 2023 The latest affirmation arrived a few weeks after the declaration by the company’s founder and CEO, Carl Pei. He stated that the internal beta testing of Nothing OS 2.0 for the Phone 1 was already in progress. Leading up to the unveiling of the Nothing Phone 2, Pei had outlined intentions to introduce Nothing OS 2.0 to the Phone 1 in August. This commitment aligns with the company’s pledge to offer a span of up to three years of Android updates. It also follows four years of...

Worldcoin confirms it is the cause of mysterious Safe deployments

Twitter users noticed thousands of Safe deployments to Optimism, leading to speculation that it may be an attack, but the developer of Worldcoin confirmed that this activity was merely an app migration. Worldcoin is the cause of a slew of Safe deployments to the Optimism (OP) network over the past week, according to a June 27 social media post from Tiago Sada, head of product for Worldcoin developer Tools for Humanity. The deployments had caused a stir on Twitter, as users wondered who was causing them and what their purpose was. Some Twitter users had speculated that it might be a Sybil attack or some kind of address-farming technique used to profit from coins sent to the wrong address. Deploying more safes - steady lads https://t.co/W5DiQirrP0 — tiago sada (@tiagosada) June 27, 2023 A Safe (previously called “Gnosis Safe”) is a multisignature smart contract wallet. It is often used by development teams to ensure that multiple team members must sign off on each transaction that s...

Price analysis 4/17: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL

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Bitcoin and select altcoins are witnessing a pullback, indicating that traders may be booking profits and reducing risk. Pullbacks are a part and parcel of uptrends. They not only help shake out the weaker hands but also offer an opportunity for traders to add to their position or make fresh entries. Currently, Bitcoin (BTC) is witnessing a correction as bulls and the bears battle for control, but is this a buying opportunity or the start of a trend reversal? The Crypto Fear & Greed Index has risen to 69, indicating that traders have started to get greedy again. When this happens, it is time to become cautious in the near term because when new traders begin chasing prices higher, experienced traders sell into strength and buy on dips. Daily cryptocurrency market performance. Source: Coin360 ARK Invest CEO Cathie Wood said in a recent interview that Bitcoin and Ether (ETH) are being considered as safe haven assets like gold. Meanwhile, Bridgewater Associates founder Ray Dalio does ...

Polygon-Based Magic Eden Launches Marketplace for Bitcoin NFTs

Polygon -based NFT (non-fungible token) marketplace, Magic Eden has launched a new marketplace for Bitcoin Ordinals. The new platform is similar to what Magic Eden offers its Polygon , Ethereum, and Solana-based NFT customers. Magic Eden’s move comes after a surge in the popularity of the Bitcoin Ordinals NFT collection. Welcome to a new dawn. Magic Eden is now on Bitcoin. Now, you can safely trade your favorite collectibles on the 1st audited marketplace with $BTC Explore 70+ collections on our marketplace: https://t.co/WiYYgIWPG5 Don't forget to follow @MEonBTC! pic.twitter.com/KNCrVFrCTu — Magic Eden 🪄 (@MagicEden) March 21, 2023 Just like with other chains, the Polygon -based marketplace aims to bring its expertise to the Bitcoin Ordinals space. By creating a marketplace on Bitcoin, the company challenges the established quo and demonstrates its capacity to go through technical difficulties. In January, Casey Rodarmor, a former Bitcoin core contributor, unveiled the new O...

Binance NFT adds Polygon network support to its marketplace

Only selected ERC-721 collections in the Polygon network are currently available on the Binance NFT 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 new integration, users of the Binance NFT marketplace can trade NFTs on various blockchains like Ethereum, BNB Smart Chain and Polygon using their Binance accounts.  We’ve now added support for Polygon on the # Binance NFT Marketplace! Users can now buy, sell, deposit and withdraw NFTs on the Polygon network Find out how to get started ️ — Binance NFT (@TheBinanceNFT) March 8, 2023 Despite the announcement, Binance is still keeping a strict approach to its NFT listings. Within the announcement, the NFT marketplace highlighted that not all NFT collections would be available at t...