Cryptocurrency News TheBitTimes.com

Polygon’s price traded to $0.84, a level last seen in July. Meanwhile, Bitcoin (BTC) climbed to $36,800 amid optimism around spot Bitcoin ETF approval. MATIC is trading higher as continued whale accumulation adds buy pressure to the market. Polygon (MATIC) price rose early Thursday morning to trade at highs of $0.84 on major crypto exchanges.  The token’s nearly 6% price jump in the past 24 hours means the native token of the layer-2 Ethereum scaling platform reached a four -month high. The altcoin’s market cap has also increased to $7.6 billion, up more than 5.4% in the past three weeks. Why is Polygon (MATIC) price up? Polygon ’s price has returned to levels last seen in July as cryptocurrencies hit $1.4 trillion in global market cap and 24-hour trading volume of $77 billion. Meanwhile, Bitcoin ( BTC ) price climbed to above $36,800 as the optimism around the ecosystem increased. Analysts are bullish on the flagship crypt...

Resurfacing after two years of dormancy, a significant ENS holder has recently claimed nearly $74 million in previously unclaimed Ether (ETH). After an extended hiatus, a major Ethereum Name Service (ENS) player has re-emerged, claiming millions in Ether (ETH). The prominent holder, whose portfolio includes the renowned “darkmarket.eth” ENS domain, recently recouped a staggering 39,712 ETH, equating to nearly $74 million at the time of the transaction. After 2.7 years of dormancy, darkmarket.eth reclaimed 39,712 $ETH ($74.17M) locked in the ENS auction just now. And transferred 63,734 $ETH($119M) out to a new wallet.https://t.co/OtXYRpcOhn — Lookonchain (@lookonchain) July 31, 2023 The hefty sum originally got tied up in a bid during acquiring the domain via ENS. It remained dormant for a substantial period until the holder decided to claim it back. The recovered funds were partially transferred to an alternate Ethereum address. The amount comprised 63,734 ETH, ...