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Polygon Unveils Game-Changing Transformation of MATIC into Versatile POL Token

Polygon Labs, the development team behind Ethereum scaling solution Polygon, has announced its new native token, POL. Through a Twitter announcement, Polygon Labs proposed an upgrade plan to replace the existing token, MATIC, with POL — thereby establishing POL as the exclusive token for all networks within the Polygon ecosystem.

1/ Today, the next technical proposal of Polygon 2.0 is unveiled:POL, the upgraded token of the Polygon protocol! POL is the next generation native token, designed to secure, align and grow the Polygon ecosystem.Watch the video to get an idea how cool it is, then pic.twitter.com/Gn7KcHpWEY
Bitcoin Dips Below $26K in Crypto Market Whirlwind; $1 Billion Liquidated Amid Top Coins’ Tumble

Bitcoin’s value briefly slipped below the $26K threshold at 5:50 p.m. Eastern Time on Thursday before swiftly rebounding past the $26,000 benchmark. Concurrently, the expansive crypto landscape experienced an 8% tumble against the U.S. dollar, teetering dangerously close to dropping below the $1 trillion threshold. Moreover, a staggering $1 billion in derivatives positions were met with liquidations within the crypto market.

Bitcoin Wavers and $1B in Crypto Derivatives Trades Liquidated
Analyst on Bitcoin: 4-hour candlestick closeup could signal the return of the bull run

Prominent cryptocurrency analyst shares insight into the Bitcoin market and the possibility of the big bull making a highly anticipated comeback. In a recent post shared to X, formerly Twitter, pseudonymous analyst Ali Charts broke down an interesting pattern spotted in the Bitcoin charts.

In his post, the analyst observed that since mid-April, the price of bitcoin has retraced every time the Relative Strength Index (RSI) hits 73.31 on the 4-hour chart.
Crypto Trader Updates Dogecoin and Solana Outlook, Sees ‘Moment of Truth’ for Bitcoin Layer-2 Project

A widely followed crypto trader is taking a deep dive into the exploding altcoin markets, starting with Dogecoin (DOGE).

Pseudonymous crypto analyst Rekt Capital tells his 364,700 followers on the social media platform X that DOGE’s weekly close will be the most important signal of what’s to come.
Analyst Says Bitcoin Structure Bullish, Predicts Parabolic Rally for ‘Impulsive’ BTC – Here Are His Targets

A widely followed crypto analyst is predicting a parabolic rally for Bitcoin (BTC) as its structure is displaying bullish signs.

In a new strategy session, pseudonymous crypto trader Bluntz says that the slight pullback the king crypto experienced overnight is likely going to serve as its low as its price continues to surge.
Cardano and Avalanche Soar, Outperforming Top 20 Cryptos in Weekly Surge

Market statistics indicate that two specific crypto assets among the top 20 in market capitalization, avalanche and cardano, have experienced substantial gains this past week. Avalanche has surged 48.7% and cardano has increased by 50.4% against the U.S. dollar in the previous seven days.

Top Performers of the Week: Cardano and Avalanche Record Substantial Rises
Solana-Based Altcoin Rockets 22% in Hours After Coinbase Announces Official Listing

One Solana-based (SOL) altcoin is surging just after the top US crypto exchange platform Coinbase announced it would be officially listing it.

Earlier this week, Coinbase announced that it would be supporting Hivemapper (HONEY), a decentralized global mapping network built over the Solana blockchain.
Bernstein Uber-Bullish On Ethereum: Is Ether The Next ‘Institutional Darling’ With ETH Price Smashing New All-Time High?

2024 has everything to be the biggest year in the history of the Ethereum ecosystem.

In addition to the potential approval of an Ether spot exchange-traded fund (ETF) in the United States, this year will also mark the blockchain’s first bull cycle since the Merge in 2022, which could see the largest altcoin set a new record high.
The Untold Story of Bitgert Coin: A Potential 100x Gem

Bitgert arrived in the cryptocurrency market in July 2021. The project gained fast attention in the meme coin space. However, everything turned around when Bitgert created its own blockchain network.

This full-fledged Proof-of-Authority blockchain move was aimed at providing a lightning-fast transaction speed, low fees and better scalability that are vital to the project’s vision for long-term growth.

What Makes Bitgert Special?There are numerous factors that Bitgert has been focusing on for the past few years to get noticed in this Cryptomarket. Most of them have been through innovative technology. Check out some incredible features offered by this altcoin.

High Transaction Speed: Steadily adding up, Bitgert is one of the fastest blockchains ever built with an ability to handle 100k transactions per second (TPS). Through faster transactions users are given a smoother experience and more opportunities for adoption on wider scale.
Major US City Handing $32,000,000 To Residents As Guaranteed Income Program Reboots

A major US city is preparing to relaunch a multimillion-dollar basic income program that will hand cash directly to residents.

Mayor Brandon Johnson says he is allocating $32 million to reboot the Chicago Resilient Communities pilot, reports CBS News.

The revived program seeks to hand out $500 per month for a period of one year to families experiencing financial struggles.
Binance Dealt Another Blow: India’s Financial Watchdog Imposes $2.2M Fine For AML Violations

India’s Financial Intelligence Unit (FIU) has imposed a $2.2 million fine against Binance — the world’s largest cryptocurrency exchange by trading volume — for running afoul of the country’s anti-money laundering rules.

Binance Fined By IndiaBinance has been slapped with a $2.2 million (18.82 crore INR) fine for offering services to Indian customers without adhering to the nation’s anti-money laundering (AML) rules, according to a June 20 announcement.

In particular, the Financial Intelligence Unit found that Binance did not adhere to multiple Prevention of Money Laundering Act (PMLA) regulations, including reporting transaction records, complying with reporting requirements for suspicious activities, and enforcing robust measures to deter money laundering.
Get your FREE Entry NFT for Crypto: The Game!

Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).

Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!

Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration

Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.

The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!

The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.

Link: Crypto: The Game
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period

Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.

To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager

A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.

Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
100x Profits Await with MOONHOP Amid Solana Meme Coin Mania & Pepe Unchained’s Gaming Surge!

Two standout performers are capturing the spotlight as the crypto market vibrates with innovation and high stakes. Solana meme coins and Pepe Unchained are not just redefining digital currency but also reshaping gaming and landscapes.

MOONHOP, with its 100x growth potential, and Pepe Unchained, advancing with its unique gaming edge, are leading the charge. This article explores how these platforms are outshining their competitors and why they represent a fleeting trend and a strategic pivot in the crypto universe.
Gotbit has opened up free access to its DEX Manager

According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
rWintermute develops an analog of Gotbit DEX Manager

The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
Two Ethereum-Based DeFi Altcoins Spark Sudden Rallies After Whale Purchases: On-Chain Data

Two Ethereum (ETH)-based decentralized finance (DeFi) altcoins are rallying after whales scooped up large amounts of the projects’ tokens, according to the crypto tracker Lookonchain.

Lookonchain reports that the governance token of decentralized exchange (DEX) aggregator 1inch (1INCH) is up double digits after a large purchase.
The new big memcoin on SunPump is gaining momentum

ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.

The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU