Decentral Block Post

Bitcoin (BTC) waited for cues at the Oct. 24 Wall Street open as expectations of a breakout ran high.

Hang Seng drops most since 2008

Data from Cointelegraph Markets Pro and TradingView tracked a mundane trading day for BTC/USD after the pair hit weekly highs of $19,700 overnight.

Despite what Michaël van de Poppe, CEO and founder of trading firm Eight, called “way worse than expected” manufacturing data from the United States, Bitcoin suffered from a declining trajectory on the day.

This led on-chain analytics resource Material Indicators to suspect that resistance would remain in place.

“Sunday BTC failed all attempts to reclaim the 2017 Top,” it said, summarizing the latest 24 hours’ price action as per its proprietary trading indicators.

Polygon (MATIC) price could double by the end of 2022 or early 2023 due to a mix of extremely bullish fundamental and technical indicators.

Polygon wins high-profile clients 

MATIC rose by nearly 6.5% four days after Nubank, a Brazilian fintech company backed by Warren Buffett's Berkshire Hathaway and Softbank, confirmed that it selected Polygon's "Supernets technology" for its blockchain and digital token dubbed Nucoin.

"Nubank plans to airdrop the digital token to its customers in the first half of 2023," the official announcement read, adding:

"These tokens will be the basis for its customers' loyalty rewards program and will have benefits such as discounts and other advantages."

As a result of the rally, MATIC was changing hands for $0.90 on Oct. 24, its highest level in three weeks.

The price of Polygon’s MATIC (MATIC) coin could double by the end of 2022 or early 2023 due to a mix of extremely bullish fundamental and technical indicators.

Polygon wins high-profile clients

MATIC rose by nearly 6.5% four days after Nubank, a Brazilian fintech company backed by Warren Buffett’s Berkshire Hathaway and Softbank, confirmed that it selected Polygon’s “Supernets technology” for its blockchain and digital token, dubbed Nucoin.

“Nubank plans to airdrop the digital token to its customers in the first half of 2023,” the official announcement read, adding:

“These tokens will serve as the basis for its customers loyalty rewards program and will have benefits such as discounts and other advantages.”

As a result of the rally, MATIC was changing hands for $0.90 on Oct. 24, its highest level in three weeks.

The crypto market downturn is proving a difficult storm to weather for both investors and businesses alike in the industry. However, according to new data, this hasn’t stopped women from being bullish on crypto.

A new survey conducted by BlockFi, a crypto trading and investment platform, asked women across the United States about their views of and participation in the crypto industry between Sept. 2021 and Mar. 2022.

According to the findings one in ten women chose crypto as their first investment, with 17% of that being Millennial women investors and 11% Gen Z. Findings even revealed that of the women surveyed 7% of Gen X, which includes individuals born between 1965-1980, reported crypto as their first investment.

However, as past data has revealed, more education and clarity surrounding the space is needed to make investors feel secure and confident in their investment.

The survey highlighted that while an overwhelming majority of surveyed women (81%) have heard of crypto, 77% still view it as a risky investment.