NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Canary Capital's CEO Confirms Spot Hedera And Litecoin ETFs Will Begin Trading Tomorrow
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Canary Capital's CEO Confirms Spot Hedera And Litecoin ETFs Will Begin Trading Tomorrow

Polygon, In Steady Bullish Trend, Could Jack Up MATIC To $1.5

Christian Encila
Christian Encila
3 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Polygon (MATIC) price has registered an intense bullish stride seen the past couple of weeks. The coin’s upcoming merge with Ethereum seems to have triggered the rebound.

MATIC price is hugely bullish ramming to a high of $0.9075, which is a little under July’s ATH seen at $1.01. MATIC has spiked by more than 190% compared to the lowest level figure registered in July which hauls its total market capitalization to a little above $6.7 billion.

Related Reading

CateCoin

Meme Coin CateCoin Silently Balloons Over 250% – Time To Buy CATE?

3 years ago

Polygon Making Solid Ties

Polygon is a revolutionary layer-2 cryptocurrency scaling solution with an aim to amplify applications built in the Ethereum network. Polygon is able to scale a plethora of applications by processing the transactions outside of Ethereum network.

It is said to process 65,000 transactions per second and boasts of low transaction fees. Popular DeFi tokens built on Polygon’s ecosystem include SushiSwap, Uniswap, Curve, and Aave.

Polygon has also closed partnerships will Walt Disney for its 2022 Disney Accelerator Program, Disney for exploring AI, AR, and NFTs, and also most recently with Reddit with their upcoming launch of Collectibles Avatar NFT marketplace. More so, they also had partnerships with Stripe and Twitter.

Around 48 Terra projects also migrated to Polygon following its dismal implosion including Derby Stars and OnePlanet.

MATIC has registered a TVL amounting to $1.85 billion which is comparatively lower from its ATH of over $6 billion.

 Source: TradingView.com

MATIC’s 4-Hour Chart Shows A Bull Run  

MATIC’s four-hour chart clearly shows that the price is going for a bull run in the past couple of weeks which carved into an ascending channel pattern in green. Currently, MATIC price is seen to surge above both the 25-day as well as the 50-day moving average with the RSI shifting above the neutral zone.

With that in mind, MATIC is seen to rise as the bulls are eyeing the next key resistance at $1.50; inching below the support zone of $0.8500 will debunk the bullish standpoint.

Polygon price has surged aggressively in the past couple of weeks following the announcement of a merge with Ethereum which is said to happen in September.

Analysts are confident that majority of developers will choose to stay on Ethereum which is proven to be incredibly faster compared to other networks.

Following its recent rally, Polygon is now dubbed as the 13th largest crypto in terms of market cap with a value tagged at $7 billion, outpacing Shiba Inu and Avalanche.

Related Reading

Polkadot

Polkadot Loses Steam As DOT Sheds 10% After Weekly Gains

3 years ago

Crypto total market cap at $1.04 trillion on the daily chart | Source: TradingView.com

Featured image from Cryptopolitan, chart from TradingView.com
Tweet123Share196ShareSend
Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

amazon mystery box recenze

Amazon mystery box recenze: kde nakupovat a jak vybírat 2025

V posledních letech se mystery boxy staly obrovským trendem – a není divu. Kdo by odolal napětí z neznámého balíčku,...

Lenka Hanzlíková 2 hours ago
SEI, dogwifhat, WIF, Celestia, Solana, tron, BNB, chainlink

Bitwise CIO Predicts Solana Staking ETF Will Be ‘Huge’ As First Day Volume Hits $56M

Following the recent launch of multiple crypto ETFs, Bitwise Asset Manager’s CIO has forecasted a bright future for the firm’s...

Rubmar Garcia 2 hours ago

XRP снова в фокусе: цель в $21 перестала казаться фантазией

Пока рынок спорит о перспективах популярных криптовалют, XRP вновь возвращает внимание инвесторов. Причина не только в ценовом движении — токен...

dariajz 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Solana se maintient à 192 $ : Fidelity et Gemini dopent la demande institutionnelle — niveaux clés.

Solana : stabilité à 192 $, Fidelity et Gemini poussent l’adoption institutionnelle

guillaumev 7 minutes ago
Best Altcoins to Buy as Experts Call $2.62 as Next XRP Support

Best Altcoins to Buy as XRP Defies Market at $2.62 – Here’s What Whales Are Accumulating

Elena Bistreanu 10 minutes ago
Dogecoin (DOGE) Resilient Above $0.20

Why The Dogecoin Price Is At Risk Of Another 10% Crash

Scott Matherson 51 minutes ago

Premium Sponsors

Press Releases

  • 新世代ミームトークン「Maxi Doge」が示す進化の方向性

    シバコイン...

    9 seconds ago
  • Explore Potential Coins

    Các đồng coin tiềm năng có thể giúp bạn trở...

    8 minutes ago
  • パイネットワーク 価格|短期上昇と投資心理の変化を探る

    パイネットワーク...

    14 minutes ago
  • cheap altcoins

    Các Altcoin tốt nhất để mua ngay bây giờ sau khi...

    16 minutes ago
  • Най-добрите Meme Coin-ове за купуване след дебюта на Bitwise Solana ETF, с приток от 69,5 милиона щатски долара.

    Най-добрите Meme Coin-ове за...

    2 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.