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Polygon News
TronWeekly
6d
103
Image Credit: TronWeekly
Polygon Flashes Bullish Divergence, Analysts Set Sights on $1.15
- Polygon's token POL experienced a modest correction after surpassing $0.20 but analysts view it as a healthy pause before a potential rally towards $1 and $1.15.
- Bullish RSI divergence accompanied by increasing volume indicates a positive momentum for Polygon.
- Analysts suggest that after a recent downturn, Polygon is showing signs of strength with expectations of reaching key targets at $1 and $1.15.
- Technical analysis points to potential resting points at $0.461 and $0.534 before achieving the main goal of $1.15, with short-term gains anticipated as well.
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Newsbtc
7d
83
Image Credit: Newsbtc
Last Chance For Polygon As Crypto Analyst Predicts MATIC Price Will Surge Above $1 Again
- Polygon's price experienced a moderate pullback following a breakout above the $0.20 level, signaling a healthy retracement before a potential upward move.
- A crypto analyst predicts an imminent explosive rally for Polygon towards the $1 mark, citing a classic bullish divergence signal on the 3-day chart.
- The recent rebound of Polygon after hitting a low on April 7, coupled with increased volume and bullish recovery in the crypto market, indicates a potential major breakout.
- Analyst projects a sustained rally towards $1, with a specific target of $1.15 for Polygon, based on technical indicators and Fibonacci extension levels.
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5 Likes
TronWeekly
1w
340
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Polygon-Incubated Miden Secures $25M to Develop Edge Blockchain for Scalable Privacy
- Miden has raised $25 million in seed funding to develop a privacy-centric, scalable blockchain infrastructure.
- The edge blockchain model of Miden allows transaction execution on user devices for improved privacy and scalability.
- Miden plans to launch its mainnet in Q4 2025 and will airdrop 10% of its native tokens to Polygon (POL) holders.
- The protocol aims to cater to institutional use cases, providing a platform for confidential operations without compromising scalability or privacy.
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20 Likes
Crypto-News-Flash
2w
403
Image Credit: Crypto-News-Flash
Polygon and Pyse to Launch Tokenized EV Fleet in Dubai
- Polygon partners with Pyse to launch tokenized EV fleets in Dubai, linking real-world mobility data to blockchain.
- Fleet of tokenized electric motorbikes will be introduced, collecting environmental data and storing it on-chain.
- Data collected can be monetized, introducing the concept of fractional vehicle ownership and blockchain-based incentives.
- Polygon's collaboration with Pyse aims to expand to India, leveraging the growing EV sector and Polygon's existing presence in the country.
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24 Likes
Crypto-News-Flash
1M
54
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BlackRock Taps Polygon for Blockchain Expansion
- BlackRock has expanded its tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), to five additional blockchain networks including Polygon.
- As of March 2025, BlackRock's assets under management on Polygon have surpassed $30 million.
- Polygon plays a crucial role as the infrastructure layer for BlackRock's BUIDL program, providing scalability and lower transaction fees compared to Ethereum's mainnet.
- BlackRock's expansion on Polygon strengthens institutional adoption of tokenized assets, offering on-chain yield opportunities, flexible custody solutions, and seamless on-chain dividend accrual and distribution.
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3 Likes
TronWeekly
1M
441
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Crypto Expert Predicts Polygon (POL) Crash to $0.04 Soon
- A crypto analyst predicts that Polygon (POL) could drop to $0.04 soon.
- POL price has broken a key support level and remains in a bearish trend.
- Monthly and yearly losses for POL stand at 35 percent and 78 percent.
- The Open Interest value registered in the POL futures contracts has experienced a substantial decline since January.
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26 Likes
Crypto-News-Flash
1M
283
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Polygon’s Courtyard Hits $42.66M in Trades as Pokémon NFTs Surge
- Courtyard’s digital trading platform on Polygon saw $42.66M in transactions, with Pokémon cards accounting for $24.84M of total sales.
- Over 11,000 users own digital Pokémon NFTs, reflecting Courtyard’s role in Polygon’s expanding presence in real-world asset tokenization.
- Courtyard, a digital card trading platform based on the Polygon network, has experienced a massive sales increase, with Pokémon cards driving the majority of the transactions.
- Polygon's growing influence in the digital asset tokenization market is supported by large companies such as Franklin Templeton and Mirae adopting the network.
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17 Likes
TronWeekly
2M
322
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SEC Drops Lawsuit in Landmark Crypto Case Against Cumberland DRW
- The U.S. Securities and Exchange Commission (SEC) has agreed to dismiss its lawsuit against crypto trading firm Cumberland DRW.
- The case against Cumberland DRW started in 2024 where the SEC accused the company of operating as an unregistered securities dealer.
- SEC's shift in regulatory approach: The SEC has been dropping some of its crypto-related lawsuits and closing investigations into NFT projects and exchanges.
- Cumberland DRW's dismissal comes amid increased calls for the SEC to adjust its regulatory approach to the crypto industry.
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19 Likes
Coinjournal
19h
114
Image Credit: Coinjournal
Will Polygon price hit $1 in 2025? Data shows wide volatility range
- Polygon (MATIC) is transitioning to its upgraded token, POL, introducing zkEVM and supporting app-specific blockchains to enhance scalability and decentralization.
- As of May 2025, POL's price is around $0.23, down from $1.29 in March 2024, with 2025 forecast ranging between $0.11795 and $0.47181.
- The migration from MATIC to POL enables staking, community governance, and validation activities, contributing to a moderate price increase to $0.23.
- Analysts predict varying price targets for POL in the coming years, with estimates suggesting a potential rise to $1 by 2028 based on ecosystem growth and adoption metrics.
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6 Likes
Medium
6d
53
Image Credit: Medium
Poly-Gone, Giant Bomb Implodes, Kotaku’s Next?: The Woke-pocalypse Continues
- Polygon and Giant Bomb, two well-known names in gaming journalism, have faced significant upheaval due to their focus on 'wokeness'.
- Polygon's descent into activism led to its sale to Valnet and subsequent mass layoffs, while Giant Bomb's clash with new ownership demands has caused internal turmoil.
- The shift towards activism in gaming journalism has alienated readers, leading to a decline in audience engagement and ad revenue.
- Journalists from these troubled outlets are seeking refuge at Bluesky while Kotaku, another activist-oriented site, may face a similar fate in the future.
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3 Likes
Kotaku
7d
270
Image Credit: Kotaku
Polygon Sold To Valnet And Hit With Mass Layoffs
- Polygon has been sold to Valnet and many staff members have been laid off.
- Senior writer Michael McWhertor expressed his gratitude for working at Polygon and indicated his job search.
- Polygon co-founder Chris Plante announced his departure from Polygon and highlighted the talented writers and editors now available for hiring.
- Senior reporter Nicole Carpenter shared that she no longer has a job and is seeking employment, along with her colleagues.
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16 Likes
Newsbtc
1w
366
Image Credit: Newsbtc
Polygon Eyes 2x Upsurge From Broadening Wedge Pattern
- Polygon (POL) has experienced a bullish breakout from a broadening wedge pattern, signaling a potentially strong upward move.
- Technical indicators suggest that POL's short-term outlook is improving and its next target could be $0.31.
- The breakout from the pattern, accompanied by positive sentiment and growing volume, sets the stage for a stronger rally.
- However, there is a risk of a false breakout and potential pullback if the price fails to hold above $0.31.
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Global Fintech Series
4w
394
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Bitget Wallet Launches Contract Risk Detection Tool to Strengthen Security
- Bitget Wallet has introduced the token contract risk detection feature to enhance security.
- The feature allows users to screen for potential risks before engaging with tokens on major blockchains.
- It provides essential contract data to identify vulnerabilities and higher risk factors.
- The tool complements Bitget Wallet's broader security framework, aiming to minimize user exposure to malicious contracts and trading vulnerabilities.
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23 Likes
Crypto-News-Flash
1M
27
Image Credit: Crypto-News-Flash
Polygon Co-Founder’s BFI Pledges $90M to Crypto Philanthropy
- Polygon co-founder, Sandeep Nailwal's philanthropic organization, Blockchain for Impact (BFI), has pledged $90 million for crypto-based philanthropy.
- BFI aims to drive social change and improve global social impact through strategic funding and blockchain-backed transparency.
- BFI leverages blockchain technology to ensure transparency and efficiency in charitable endeavors, establishing a new standard for accountability.
- Polygon's native token, POL, is currently trading at approximately $0.209, reflecting the volatile nature of the cryptocurrency market.
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