Users should expect the suspension until Friday, during which their $MATIC amounts might not show up on their accounts. Binance informed consumers that their money is still safe; temporary visibility problems should go away once the relist process is finished.

As $MATIC moves to a new token standard, the choice to relist it as $POL fits current changes inside the Polygon network. Aimed at increasing the usefulness and scalability of the Polygon network, Binance underlined that the token swap and relisting are part of these enhancements.

Following the Friday relisting procedure, $MATIC tokens in user wallets will be immediately replaced by $POL tokens at a 1:1 ratio. Binance also advised consumers to keep an eye on any updates from the exchange in order to have more knowledge about the relisting.

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The post Binance Suspends $MATIC Deposits, Relisting as $POL appeared first on Coin Engineer.

Bitcoin (BTC): The BTC/USDT pair has decreased by 0.82% in the last 24 hours and is currently trading at $57,728. Resistance levels for BTC are $61,030 and then $65,140. Support levels are $56,164 and below this zone is $54,738.

Ethereum (ETH): The ETH/USDT pair has decreased by 1.15% in the last 24 hours and is currently trading at $2,446. Resistance levels for ETH are first at $2,584 and then at $2,824. Support levels are $2,403 and below this zone is the $2,130 level.

Polygon (MATIC): The MATIC/USDT pair has decreased by 0.31% in the last 24 hours and is currently trading at $0.4074. Resistance levels for MATIC are $0.44 and then $0.58. Support levels are $0.39 and below this zone is $0.34.

Polkadot (DOT): The DOT/USDT pair has decreased by 1.75% in the last 24 hours and is currently trading at $4.11. Resistance levels for DOT are first $4.37 and then $5.01. Support levels are $4.00 and below this zone is the $3.60 level.

Near (NEAR): The NEAR/USDT pair has decreased by 2.14% in the last 24 hours and is currently trading at $3.91. Resistance levels for NEAR are $4.40 and then $5.20. Support levels are $3.828 and below this zone is $3.08.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The information in this article does not provide any investment advice.

The post Latest on Bitcoin and Cryptocurrencies – 2 September appeared first on Coin Engineer.

Bitcoin (BTC): The BTC/USDT pair has decreased by 0.70% in the last 24 hours and is currently trading at $60,709. Resistance levels for BTC are first at $61,800 and then at $66,150. Support levels are $57,720 and below this zone, the $56,200 level.

Ethereum (ETH): The ETH/USDT pair has decreased by 0.15% in the last 24 hours and is currently trading at $2,620. Resistance levels for ETH are first at $2,780 and then at $3,200. Support levels are $2,519 and below this zone, the $2,137 level.

Chainlink (LINK): The LINK/USDT pair has increased by 1.52% in the last 24 hours and is currently trading at $11.39. Resistance levels for LINK are first at $13.90 and then at $15.25. Support levels are $9.90 and below this zone, the $8.06 level.

Polygon (MATIC): The MATIC/USDT pair has increased by 1.09% in the last 24 hours and is currently trading at $0.532. Resistance levels for MATIC are first at $0.55 and then at $0.62. Support levels are $0.43 and below this zone, the $0.39 level.

Dogecoin (DOGE): The DOGE/USDT pair has decreased by 0.80% in the last 24 hours and is currently trading at $0.105. Resistance levels for DOGE are first at $0.11 and then at $0.138. Support levels are $0.097 and below this zone, the $0.080 level.

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The post Latest on Bitcoin and Cryptocurrencies – 22 August appeared first on Coin Engineer.

Coinbase International Exchange received a license from Bermuda in September 2023 to offer perpetual trading services to its customers outside the United States. The exchange also offers perpetual trading for several other altcoins, including Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), Stellar (XLM), Polygon (MATIC), Bitcoin Cash (BCH), Celestia (TIA), Injective (INJ), Sei (SEI), Aptos (APT), Filecoin (FIL), Sui (SUI), Polkadot (DOT), Internet Computer (ICP), and Near Protocol (NEAR).

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According to CoinGecko data: BLAST is up 8.5% in the last 24 hours and is currently trading at $0.0153. ZRO is up 6.3% and is currently trading at $3.95. ZK is trading at $0.149.

The post Coinbase International Lists 3 New Altcoins for Perpetual Trading appeared first on Coin Engineer.

Bitcoin (BTC) continues to be priced at $62,770 after failing to hold the support level at $63,450. In the past hours, after failing to hold the price at $64,260, it experienced a significant volume loss and dropped to $62,620. If it does not close above the $63,450 level in the daily candle, the next support level that comes into play is $62,440.

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Bitcoin (BTC): The BTC/USDT pair has lost 2.65% in the last 24 hours and is currently trading at $62,770. The resistance levels for BTC are first at $63,450 and then at $64,260. The support levels are at $62,440 and if it falls below this region, the next support is at $60,200.

Ethereum (ETH): The ETH/USDT pair has lost 3.64% in the last 24 hours and is currently trading at $3,390. The resistance levels for ETH are first at $3,400 and then at $3,480. The support levels are at $3,360 and if it falls below this region, the next support is at $3,300.

Ripple (XRP): The XRP/USDT pair has lost 3.03% in the last 24 hours and is currently trading at $0.4738. The resistance levels for XRP are first at $0.4885 and then at $0.5060. The support levels are at $0.4711 and if it falls below this region, the next support is at $0.4498.

Polygon (MATIC): The MATIC/USDT pair has lost 3.24% in the last 24 hours and is currently trading at $0.5594. The resistance levels for MATIC are first at $0.5885 and then at $0.6116. The support levels are at $0.5489 and if it falls below this region, the next support is at $0.5006.

Tron (TRX): The TRX/USDT pair has lost 0.70% in the last 24 hours and is currently trading at $0.11890. The resistance levels for TRX are first at $0.12092 and then at $0.12281. The support levels are at $0.11779 and if it falls below this region, the next support is at $0.11632.

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The Ethereum Dencun upgrade, slated to streamline transaction costs and enhance data availability on the layer-2 network, holds immense promise for the altcoin market. As anticipation builds around this transformative event, the Coin Bureau YouTube channel’s host recently highlighted the potential for a substantial price explosion in these selected altcoins.

Arbitrum (ARB) stands out as one of the frontrunners expected to capitalize on the Dencun upgrade. With its recent record-breaking performance, hitting $2.40 on January 12th, ARB exhibits strong bullish momentum. Analysts believe that the upgrade could further fuel ARB’s ascent as users seek more cost-effective alternatives for Ethereum interactions.

Optimisim (OP) emerges as another altcoin poised for significant gains, aiming to forge a robust “super chain” ecosystem. The Dencun upgrade is anticipated to propel OP towards achieving its ambitious goals, offering substantial upside potential for investors.

Immutable X (IMX) is positioned to witness accelerated growth post-upgrade, particularly in blockchain gaming development. As network efficiency improves, IMX is primed to emerge as a key player in the burgeoning GameFi sector, signaling a noteworthy uptick in its price trajectory.

Lastly, Polygon (MATIC) remains a compelling investment prospect, having reached an all-time high of $2.92 on December 27, 2021. Despite being 60% below its ATH, MATIC’s fortunes could change dramatically with the Ethereum Dencun upgrade, presenting investors with a lucrative opportunity.

In summary, as the Ethereum ecosystem undergoes transformative upgrades, savvy investors are eyeing these four altcoins for potential explosive growth. With their unique value propositions and alignment with the Dencun upgrade, ARB, OP, IMX, and MATIC are poised to capture the attention of the cryptocurrency market in 2024 and beyond.

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube, and Twitter for the latest news and updates.

The post Ethereum Dencun Upgrade: Analyst Predicts Explosive Growth for These 4 Altcoins appeared first on Coin Engineer.

In an official announcement made on February 22, Binance revealed the addition of AC Milan Fan Token (ACM), FIO Protocol (FIO), and IQ (IQ) to margin trading, making them available as borrowable trading pairs. Additionally, new trading pairs have been introduced for Cardano (ADA), Avalanche (AVAX), Nexo (NEXO), Polygon (MATIC), Ripple (XRP), and QuarkChain (QKC) on margin trading.

As per the announcement, Binance will allow ADA, MATIC, and XRP traders already engaged in margin trading to explore cross-margin trading with the USD Coin (USDC) pair. Furthermore, in the latest update, Binance will commence offering isolated margin trading on the USDT pair to ACM, FIO, IQ, QKC, and NEXO traders.

Moreover, Binance has incorporated the USDC pair for both cross and isolated margin trading for AVAX.

Traders now have access to ACM/USDT, AVAX/USDC, FIO/USDT, IQ/USDT, NEXO/USDT, and QKC/USDT for isolated margin trading, and ADA/USDC, AVAX/USDC, MATIC/USDC, and XRP/USDC trading pairs for cross-margin trading.

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The post Binance Lists 10 Coin Pairs on Margin Trading appeared first on Coin Engineer.

You might like: Binance Delists Trading Pairs of These Altcoins!

New developments are happening in the cryptocurrency world every day and it is another exciting day for investors. Let’s take a look at the names that stand out among the Deciders and Deciders among the most popular altcoins of today.

Mina Protocol: Mina Protocol is performing a remarkable performance by experiencing the biggest increase of the day. The popular altcoin experienced a 21.32% rise to the level of $ 1.3663.

Polygon (MATIC): Polygon is gaining an important position in the cryptocurrency market by showing a strong rise. Confidence and interest in the project are increasing. The popular coin, which experienced a 20.94% rise on the new day, is currently trading at $1.0604.

The Most Falling Altcoins of the Day:

The post Top Altcoins in the Crypto Market: Gainers and Losers appeared first on Coin Engineer.