Polygon on way to reaching mass adoption with major partnerships

The Ethereum sidechain scaling solution, Polygon (MATIC), is making waves in onboarding major brands into web3. The post Polygon on way to reaching mass adoption with major partnerships appeared first on CryptoSlate.

Timeline of Polygon

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Polygon MATIC's recent bearish break below the $0.55-mark opened up shorting opportunities for traders.

Shares of several popular altcoins, including Polygon (CRYPTO: MATIC), are trading lower in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto Ethereum (CRYPTO: ETH).  Crypto is likely trading lower in tandem.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin has been stuck within a range from $28.7k to $31.5k, and at the time of writing, BTC was trading just beneath the $30k mark.

Ali Martinez, a crypto analyst, has reported that the addresses holding 100,000 to 1,000,000 MATIC have acquired more than 20,000,000 MATIC since MAY 15, according to Santiment on-chain data. The MATIC was downtrending at the lowest of $0.476 on May 12 before entering its present consolidation.  Further, the WhaleStats data reports that MATIC has also …

Cointelegraph spoke to Polygon's newly appointed global head of HR, Bhumika Srivastava, to learn more about her Web2-to-Web3 transition and philosophy for decentralized cultures, among other things.

MATIC price was among the assets which underwent a huge bull run in 2021 and gained massive attention. Ever since the asset dropped hard from the highs, failed to regain its levels. Moreover, the price is discovering new lows since the beginning of 2022 and currently has landed close to the crucial support levels. The …

Circle, the issuer of the stablecoin usd coin (USDC), announced that the project is now supported on the Polygon network. The stablecoin with the second-largest market capitalization can now be withdrawn via a Circle Account and Circle APIs without the need for manual cross-chain bridge technology. Circle Reveals Polygon-Supported USDC Circle has revealed that usd

Umbria Network, a global platform enabling migration of crypto assets cross-chain quickly and cheaply, has become a member of the Polygon Village (MATIC/USD), an initiative aimed at helping developers grow their projects, Invezz learned from a press release. Polygon to support Umbria's marketing efforts Through this partnership, Polygon Village will promote Umbria's marketing efforts to The post Umbria Network joins Polygon ecosystem appeared first on Invezz.

Circle, the issuer of USDC, announced that it will support Polygon USDC on Circle's payments platform starting today, making Polygon USDC the first bridged USDC version and allowing developers to build more seamlessly. The post Circle announces USDC is arriving on Polygon appeared first on CryptoSlate.

Circle will be supporting Polygon USDC on its payments and treasury platform, allowing for more easily automated flows from fiat into the Polygon coin, according to a press release emailed to PYMNTS Tuesday (June 7). This is a key part of a lot of newer decentralized finance (DeFi), payments and non-fungible token (NFT) application use