Search Results for: MATIC

Deribit, the largest cryptocurrency options exchange, announced plans to introduce options trading for altcoins Solana, Polygon, and Ripple. Despite tumbling prices and regulatory uncertainties, this move could boost liquidity, enable risk management, and strengthen Deribit’s position in the volatile market.

The crypto market recently witnessed an extraordinary surge of BluiCoin (BLUI), followed by a significant drop. Despite a turbulent market, BLUI’s trading volume and market cap indicate significant interest. The profitable rise and eventual fall may present a prime buying opportunity.

This article explores the influences of Justin Sun, Sam Bankman-Fried, and Do Kwon in the cryptocurrency industry. It examines their methods, impacts and the potential consequences of their actions. Comparing Sun’s Tron to Kwon’s Terra, the article questions whether Sun’s potential downfall could cause even greater harm.

The U.S. dollar value in active ether perpetual futures contracts on Binance has dropped to $1.41 billion, the lowest in over a year. Binance has seen its ether futures notional value dip 35% within a week, reflecting a system-wide leverage washout. This suggests a lower probability of future volatility instigated by liquidations.

“Venture capital titan, Sequoia Capital, has notably reduced its cryptocurrency fund by over 65%, from $585 million to $200 million, amidst a fluctuating crypto market. The company’s strategic shift involves focusing on nascent start-ups rather than investing in larger firms. This comes as the firm, and other venture capitalists, retract their crypto investments amid turbulent market conditions.”

The crypto market sees a significant downturn with Bitcoin facing a 1.92% dip. Despite the volatility, investors remain optimistic. Surges in ‘meme coins’ highlight profitable possibilities in the middle of the Bitcoin and Ether’s low volatility. Meanwhile, Worldcoin makes its debut with a notable 62% surge and the practice of spread trading prompts interesting tactics amongst traders.

The MATIC price displays a steady uptrend with dynamic support to buyers, suggesting the potential to surpass the $0.75 mark. However, decreasing volume in its current recovery and possible selling pressure from overhead trendlines could impact this momentum. Technical indicators suggest a short-term buy signal, but market conditions remain subject to change.

The recent recovery cycle in the crypto market, linked to major asset management companies’ interest in spot Bitcoin ETF, has greatly benefited MATIC’s price, with potential for a 12-15% rise before encountering significant resistance. However, consider possible minor pullbacks and overall market volatility before investing.

The MATIC price moves sideways after early June’s bloodbath, indicating no clear dominance from buyers or sellers. A symmetrical triangle pattern reveals potential for a rally during this uncertainty, but a bullish breakout from the resistance trendline is needed for significant recovery.

MATIC price faces renewed bearish momentum, with investors watching if it will retest the $0.51-$0.5 support. With Polygon 2.0’s release, MATIC price rose 2.5% while intraday trading volume increased by 28.5%. High market volatility is expected, making it essential for traders to monitor key levels and conduct thorough market research.

The MATIC price experienced a significant sell-off on June 10th, breaching yearly support at $0.687 and reaching a low at $0.518. Recently, the MATIC price rebounded from $0.518, indicating a period of accumulation and a potential bullish upswing. However, underlying selling momentum remains high in the market.

The recent altcoin crash caused MATIC price to plunge to $0.518, a 45% tumble within a week. Despite a sharp lower price rejection, a potential recovery faces intense supply at $0.687 and $0.744. Observing market conditions and cryptocurrency trends is vital for investment decisions.

Elon Musk’s recent enigmatic tweet about Dogecoin failed to drive bullish market activity for the cryptocurrency. The market’s lack of positive response suggests a need for more definite triggers for recovery and reflects the negative sentiment caused partly by SEC lawsuits against Binance and Coinbase Exchange.

MATIC tokens face a sharp price decline due to significant transfers among whales and institutions, Robinhood’s delisting announcement, and regulatory scrutiny. A massive transfer of MATIC tokens on exchanges like Binance and Coinbase suggests a possible coordinated sell-off, leading to a 29% drop in price within 16 hours.

Robinhood announced delisting of Cardano (ADA), Solana (SOL), and Polygon (MATIC) by June 27, 2023, but Shiba Inu (SHIB) remains unaffected. This follows Robinhood’s review of its crypto offerings, amidst speculations of recent SEC lawsuits’ influence on exchange operations and regulatory compliance.

The low market cap coin Tate experienced a 50,000% pump on Uniswap before crashing 96%. Despite massive gains, influencer Andrew Tate hasn’t mentioned $TATE on Twitter. Such coins’ precarious nature reminds investors to exercise caution and thoroughly research before investing in unknown projects.