2019-12-11 15:53 |
Matic drops 70% in an hour after weeks of positive gains. The…
The post Matic Dramatically Collapses 70% in ONE Hour; Inside Job or Investor Panic? appeared first on CCN.com
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The crypto community is reeling after Matic dumped 70% of its USD value in an hour. And as a Binance Launchpad project, the circumstances around the event have left many wondering whether IEOs are any different to ICOs.
2019-12-11 22:27 | |
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Last night, the altcoin cryptocurrency known as Matic was the talk of the crypto community, as the asset had spent the week going on a circa-2017 Bitcoin-like parabolic run, only to drop over 70% in less than an hour, destroying investors who got caught up in price action.
2019-12-11 20:00 | |
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MATIC, the digital token based on the Matic Network saw its price drop by a whopping 70 percent earlier today. Up until yesterday, the price of the scalability-focused asset was holding steady at about $0.
2019-12-10 12:58 | |
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The reason the majority of the cryptocurrency market has under-performed this year is lack of liquidity. Add margin trading to that and the potential of massive cascades in price arises as holders of the altcoin MATIC have just found out.
2019-12-10 06:15 | |
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Reddit has submitted a filing with the Securities and Exchange Commission (SEC) to go public on the New York Stock Exchange under the ticker symbol “RDDT.”
Deribit controls over 85% of the global crypto options market.
Kanani, who founded Polygon in 2017 alongside Sandeep Nailwal and Anurag Arjun, announced his plans in a post on X (formerly Twitter) on Wednesday.
The largest cryptocurrency by market cap is likely to remain stubbornly rangebound a little above $29,000, market analysts believe.
The protocol calls the latest version “the value layer of the Internet.”
Bitcoin and altcoins feel the pressure of the week’s regulatory bombshells, with BTC price action steadying below the key 200-week moving average.
DOGE’s price shows strength as it bounces from a downtrend range price rallied to a high of $0. 088 with eyes set on $0. 1. MATIC could rally more as the price creates more bullish bias breaking out of its descending triangle with good volume as the price could rally to $1.