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MATICUSD

Polygon / US Dollar

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digital currency

Polygon believes in Web3 for all. Polygon is a decentralised Ethereum scaling platform that enables developers to build scalable user-friendly dApps with low transaction fees without ever sacrificing on security.

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Bitcoin investor Fred Krueger argues that Bitcoin is the only cryptocurrency worth buying, dismissing the top 20 cryptocurrencies as 'jokes' despite their combined market cap of over $500 billion. He criticizes Ethereum for underperformance and legal issues, Tether for lack of upside, and Binance Coin for centralization and leadership issues. Other cryptocurrencies like Solana, USDC, Ripple, and meme coins like Dogecoin and Shiba Inu are also dismissed for various reasons.

Portfolio Pulse from Khyathi Dalal

June 03, 2024 | 7:25 pm

Former President Donald Trump remains the betting favorite to win the 2024 election despite being found guilty on 34 federal charges. The verdict caused a brief overreaction in betting odds, but they have since stabilized. DraftKings and Polymarket are mentioned as platforms offering political betting.

Portfolio Pulse from Chris Katje

May 31, 2024 | 11:22 pm

The article discusses the performance of Layer 2 (L2) blockchain protocols compared to Bitcoin over the past year. Prometeus and Mantle have shown significant gains, while others like Arbitrum and Polygon have lagged. Ethereum's L2 solution, Dencun, has underperformed, leading to a shift in investor interest towards alternative blockchains.

Portfolio Pulse from Kenneth Rapoza

May 29, 2024 | 6:08 pm

Crypto bettors on Polymarket predict a 76% chance of former President Donald Trump being found guilty in his New York criminal trial related to falsifying business records. The market has seen over $77,000 in bets. Another market predicts only a 14% chance of Trump being jailed before the 2024 election. Polymarket allows users to bet using cryptocurrencies like MATIC, USDC, and ETH.

Portfolio Pulse from Chris Katje

May 29, 2024 | 3:22 pm

Former President Donald Trump's pro-crypto comments have led to a significant surge in the value of his NFT collections, with the floor price of his first collection increasing by 94.2% over the last 20 days. Trump's media company, Trump Media & Technology Group Corp (NASDAQ:DJT), also saw a 9% increase in its stock price. The upcoming verdict in Trump's hush money trial could further impact the volatility of these assets.

Portfolio Pulse from Chris Katje

May 28, 2024 | 8:38 pm

Polygon (MATIC) has seen a 4.15% price increase in the past 24 hours, continuing a positive trend with a 7.0% gain over the past week. Trading volume has climbed 27.0%, while circulating supply decreased by 0.21%. The current market cap is $6.95 billion, ranking MATIC at #22.

Portfolio Pulse from Benzinga Insights

May 27, 2024 | 7:03 pm

Polygon (MATIC) has experienced a 3.11% price drop in the past 24 hours, contrasting with its 6.0% gain over the past week. Trading volume has increased by 52.0%, while the circulating supply has slightly decreased. The current market cap is $6.70 billion, ranking MATIC at #21.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 3:02 pm

Polygon (MATIC) has seen a price increase of 4.89% in the past 24 hours, continuing a positive trend with a 6.0% gain over the past week. The trading volume has increased by 7.0%, and the circulating supply has grown by 0.08%. MATIC's market cap is currently $6.64 billion, ranking it #20.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 7:01 pm

Donald Trump's odds of winning the 2024 U.S. presidential election have increased to 51% according to the crypto prediction market Polymarket. The total wager amount for the election has more than doubled, indicating heightened interest and stakes. The evolving dynamics of the race are expected to impact the digital assets market.

Portfolio Pulse from Murtuza Merchant

May 17, 2024 | 12:15 pm

Reddit Co-Founder Alexis Ohanian highlighted Democrats who supported a pro-crypto law in the Senate. The Senate repealed an SEC directive preventing financial firms from custodying Bitcoin. Reddit's shares rose 10% after announcing a partnership with OpenAI.

Portfolio Pulse from Aniket Verma

May 17, 2024 | 3:34 am

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