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2 cryptocurrencies to reach $5 billion market cap by the year-end

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The cryptocurrency market, despite its inherent volatility, continues to offer opportunities for substantial growth as certain projects stand out with significant potential.  Currently, the global cryptocurrency market cap is steady at $3.18 trillion, with a 1.9% change over the past 24 hours, signaling a period of increased optimism among investors. In light of this, Finbold has identified two cryptocurrencies most likely to exceed the $5 billion capitalization threshold by year-end. Picks for you Ripple’s 2024 sales amount to over $3 billion in XRP at current prices – What’s next? 19 mins ago Bitcoin price levels to watch as $100,000 target becomes more realistic 2 hours ago ...

5 Best Cheap Cryptos to Invest Now Under 1 Dollar September 15 – Sei, TRON, Trust Wallet Token

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An Analysis of Terra Luna Classic (LUNC) indicates a potentially favorable risk-reward ratio, drawing the attention of investors looking to capitalize on a possible price surge. With LUNC currently trading near its all-time low, it presents a greater chance for upside gains rather than further declines. At the same time, market analysts remain optimistic about Bitcoin. They expect BTC’s price trend to spark the next market rally and point out several upcoming events that may play a key role in driving this momentum. In light of these developments, investors increasingly seek affordable cryptocurrencies, particularly the best cheap crypto to buy now under 1 dollar. 5 Best Cheap Cryptos to Invest Now Under 1 Dollar Polygon has bolstered its ecosystem by integrating Ethereum and several DeFi protocols, driving increased network adoption. Trust Wallet, a self-custody Web3 wallet provider, has partnered with The Open Network (TON) to support broader blockchain adoption. Meanwhile,...

NFTs Make A Strong Comeback – Sales Jump 25% To +$100M This Week

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The non-fungible token market has experienced a notable resurgence this week after more than three weeks of declining trading sales volume and floor price value. Non-fungible tokens saw a massive surge in popularity in 2021, accompanied by sky-high prices, but the market has since come crashing back. In this article, we shall assess in depth the market health of the global non-fungible token market in the past seven days: NFT Sales Soar 25% To +$100M This Week Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer backed by crypto billionaire Mark Cuban, indicates that the non-fungible token market has surged again in trading sales volume this week, breaking its initial market resistance. In the past seven days, the NFT market has recorded a trading sales volume of over $100 million, representing a 25% surge from the past week. The global NFT market began pumping in trading sales volume earlier this week, with...

Polygon Releases 3 Major Proposals for POL Token

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In a June announcement, Sandeep Nailwal, the creator of Polygon , revealed a substantial technical enhancement to the ecosystem through the introduction of the POL token. This token is a crucial component of the Polygon 2.0 proposal, which aims to evolve the Polygon ecosystem from a single chain into a network of interconnected Layer 2 solutions [L2s]. In a more recent development, the team has put forth three proposals for implementing the Polygon 2.0 upgrade. Polygon Labs has introduced three Polygon Improvement Proposals [PIPs]. Through these, the transition strategy becomes more defined. It also delivers specifications for the enhanced Polygon 2.0 architecture and elucidates alterations to its native token. So what are Polygon’s latest PIPs? PIP-17 : As mentioned above, there are a total of three PIPs. The first proposal, or PIP-17, highlights “Phase 0” of Polygon 2.0. This guarantees that neither end-users nor developers utilizing the existing Polygon ...

Price analysis 7/29: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOT

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Bitcoin’s price action remains lackluster, but select altcoins are showing signs of breaking out of their respective resistance levels. The 25 basis point rate hike by the Federal Reserve on July 26 and the subsequent commentary by Fed Chair Jerome Powell failed to catapult Bitcoin (BTC) out of its range. This suggests that the event did not have any surprises and the outcome was already priced in by the markets. The crypto markets continued their lackluster performance on July 28 after the United States Personal Consumption Expenditures (PCE) Index print came in lower than analysts’ expectations. The PCE is the Fed’s preferred inflation metric hence it is watched closely by market observers. Daily cryptocurrency market performance. Source: Coin360 Although the near-term price action has kept the traders guessing, it is important to keep an eye on the long-term crypto story. Standard Chartered head of crypto research Geoff Kendrick said while speaking with CNBC that he expects Bitcoi...

AAVE Sets Sights on BNB Chain, Starknet, and Polygon zkEVM Expansion

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The AAVE team has been trying to expand to different blockchains. The team recently launched the much-awaited GHO stablecoin on February 9, 2023. According to the recent details from a temperature check that was released, the team has laid down a proposal to begin phase 2 of AAVE integration on Starknet . The voting for the proposal will conclude on April 11. AAVE’s proposal defines a 2-stage integration The proposal outlines a two-phase integration plan between Aave and Starknet . The first stage, which involves setting up a cross-chain bridge between Ethereum and Starknet , has been granted community approval. The proposal also aims to complete the second stage by fully integrating the AAVE protocol into Starknet . Also read: Elon Musk’s Twitter Updates its Logo to Dogecoin, DOGE Price Spikes The team stated in the proposal: “Following the successful completion of phase 1, we are now ready to propose a temperature check for the implementation of phase 2: the full deployme...

Breaking: Polygon blockchain reportedly suffers network outage

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The blockchain has not produced any new blocks or processed transactions for at least an hour and 40 minutes, leading some to believe its currently suffering an outage. Layer-2 scaling solution Polygon (MATIC) has not processed a block in over an hour and a half, leading some to believe that the block chain network could be suffering from an outage . Latest blocks and transactions on Polygon. Source: Polygonscan According to data from Polygonscan, the block chain's last block and transaction was processed at around 8:35 pm UTC on Feb. 22. The network has previously suffered network outages, with the last occurring on Mar. 21-22, 2022 due to maintenance required on one of the network's three layers. The Polygon team is yet to comment on the outage . This is a developing story, and further information will be added as it becomes available. Source: https://thebittimes.com/breaking-polygon-blockchain-reportedly-suffers-network-outage-tbt39058.html?utm_source=blogger_sour...

Polygon (MATIC) Finally Completes its Hard Fork

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The Polygon [MATIC] network has had a remarkable journey since its inception. Since 2017, the project has come a long way in terms of development and has managed to secure several partnerships with prominent firms. Read more: Data Reveals FTX’s Ripples Caused Hedge Funds to End 2022 Down by 50% Watcher.Guru had earlier reported on Jan 13 that the network is set to undergo a major update today. The news of the hard fork definitely grabbed the attention of the community. As promised, the hard fork was finally completed on January 17, 2023, at 10:45 UTC (5:45 a.m. ET). The completion of the upgrade was also shared by Polygon on its Twitter account. The Polygon PoS network has been upgraded 👏👏👏 To learn more about the upgrade, check out 👇https://t.co/RaBWDjEGrI pic.twitter.com/WiDOdJWzaK — Polygon (@0xPolygon) January 17, 2023 Polygon’s hard fork is aimed at reducing gas spikes and addressing reorgs The hard ...

Mastercard partners with Polygon to launch Web3 musician accelerator program

The program will help five emerging artists set up and manage their brands in the Web3 space, and is also aimed at educating people in the music scene on what avenues Web3 tech can offer them. Global payments giant Mastercard is ramping up its exposure blockchain tech yet again, after announcing a Polygon-based accelerator program to help musicians build their careers via Web3. The firm announced the "Mastercard Artist Accelerator" program via a Jan. 7 blog post, outlining that from this spring, it will connect five emerging musicians from across the globe with mentors that will  help them set up their brand in the Web3 music space. "The artists will gain exclusive access to special events, music releases and more. A first-of-its-kind curriculum will teach the artists how to build (and own) their brand through Web3 experiences like minting NFTs, representing themselves in virtual worlds and establishing an engaged community," the post reads. The program will cul...