Voyager rejects Alameda buyout offer as it 'harms customers'
The buyout proposal from Alameda and FTX seems to have upset Voyager’s lawyers, who do not see the offer as a serious one that would benefit its users.
The buyout proposal from Alameda and FTX seems to have upset Voyager’s lawyers, who do not see the offer as a serious one that would benefit its users.
MATIC has been on a bullish streak over the past week now. Despite the bullish streak, it hasn’t been able to move past the $1 psychological level. Technical indicators have remained bullish on the chart and pointed towards chances of reaching the $1 price ceiling. Over the last week, MATIC surged 22% and on the daily chart the coin moved up by 7%. MATIC had managed to touch the $0.97 mark however a small fall in buying strength caused the altcoin to fall on the chart briefly. Buying strength was positive displaying that bullish strength hadn’t faded away. A pullback can bring MATIC down to the $0.77 level. If buying strength remains consistent, then the coin can attempt to break above the psychological price ceiling of $1. At press time, MATIC had secured itself above the $0.75 support line. The global cryptocurrency market cap today was at $1.09 Trillion, a 2.6% positive change in the last 24 hours. MATIC Price Analysis: Four Hour Chart The altcoin was trading at $0.87 at the time of writing. The coin had briefly touched the $0.97 mark but was met with selling pressure. Overhead resistance for the coin stood at $0.92, a move above which could force MATIC to touch the $1. Local support for the coin stood at $0.77, fall from that level will cause MATIC to reach $0.60. The amount of MATIC traded over the last trading session fell slightly which indicated that buying strength fell on the chart. The altcoin had visited the overbought zone a couple of times, however as the coin fell in value buying strength dipped. At the time of writing, buying strength remained more than selling strength. The Relative Strength Index was pictured above the half-line which meant that buyers were more in number. Price of the altcoin was above the 20-SMA line which meant that the buyers drove the price momentum in the market. This was a sign of bullishness for the altcoin. Related Reading | Bitcoin Funding Rate Remains Positive, More Decline Soon? The altcoin registered a small dip in buying strength and the technical indicator displayed the same. The Moving Average Convergence Divergence depicts the price momentum and change in that. MACD underwent a bearish crossover and formed red signal bars. These red signal bars represent sell signal for the altcoin. Awesome Oscillator portrays the price trend and also points towards chances of a reversal, the green signal bars still represent bullish strength. If the coin continues to keep up with the pace then buying strength has to support the coin. Broader market strength shall also help MATIC to achieve its psychological target of $1. Suggested Reading | Polygon (MATIC) Looks Set For A Retracement After Recent Gains Featured image from The Face, chart from TradingView.com
https://twitter.com/gluk64/status/1550375525016895488 There was some speculation that Polygon had the "best" zkEVM due to them being 100% equivalent with Ethereum code, but looks like the founder is subtly sliding back on that point. Misinformation and deceptive advertising from the folks at Polygon. ~100% is not 100%. Other zkEVMs have ~100% also but they are not claiming…
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Welcome to the Daily General Discussion thread. Please read the disclaimer and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading,…
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More specifically – can decentralized justice/dispute resolution exist without blockchain technology, or would that just be Online Dispute Resolution? Kleros brings interesting insights to decentralized arbitration. It is built on Ethereum and handles smart contract disputes. However, can a platform such as Kleros, with its use of crowdsourcing and game theoretic incentives, work without blockchain…
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The U.S. Securities and Exchange Commission (SEC) has been heavily criticized for its approach to regulating the crypto sector. The criticism followed the securities regulator’s action against a former Coinbase employee in an insider trading case, in which the SEC named nine crypto tokens listed on Coinbase as securities. SEC Slammed for Regulation by Enforcement […]
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https://ethereum.org/en/staking/ Do you know if there is any plans to do pooled staking without risking your ETH with a third party? That is my biggest concern with ETH. It feels like a situation where if you don’t own 32 ETH you are forced to just hold or stake with a third party or an exchange.…
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Three months ago, there were 441,546 wrapped or synthetic bitcoins on the Ethereum and Binance Smart Chain worth $17.45 billion using exchange rates on April 24, 2022. Since then, that number has dropped by 53,582 synthetic bitcoins and today the number of wrapped or bonded bitcoins is approximately 387,964 worth $8.81 billion in value. Number […]