Warren Buffett-backed neobank picks Polygon for Web3 token — MATIC price eyes...
MATIC has painted a bull flag setup with a profit target sitting nearly 100% higher than its current price. 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 clientsMATIC 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....
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MATIC price could sustain bullish momentum on cues from a mix of optimistic fundamental and technical indicators. A sharp rebound in the Polygon (MATIC) market in the last four months has increased its price by 200% when measured from its June 2022 bottom of $0.31. And now, the token is showing signs of undergoing another major market rally.MATIC exchange balance hits nine-month lowNotably, the MATIC supply held by all crypto exchanges fell to 802.15 million on Oct. 26, its lowest level since January 2022. The plunge came as a part of a broader downtrend that has witnessed over 600 million....
Warren Buffett, who once said cryptocurrency is nothing more than a “rat poison,” now invests $1 billion in a digital bank, Nubank, located in Brazil. In particular, Buffet’s company Berkshire Hathaway purchased 1 billion worth of shares of a blockchain-based bank, also known as neobank. Nubank is the largest bank of its kind in Latin […]
Berkshire Hathaway CEO Warren Buffett says he won’t buy all the bitcoin in the world for $25. Meanwhile, his longtime business partner and right-hand man, Charlie Munger, says bitcoin is stupid and evil, noting that the cryptocurrency makes him look bad. Warren Buffett Explains Why He Won’t Buy Bitcoin Warren Buffett and Charlie Munger talked about bitcoin during Berkshire Hathaway’s annual shareholders meeting Saturday. Buffett is Berkshire’s CEO and chairman of the board. Munger, often known as his right-hand man, is the company’s vice chairman of the....
MATIC’s price shows strength as price breaks bounced off from $0.76 with good volume with eyes set to reclaim $1. MATIC breaks out of a downtrend as the price resumes a bullish structure. The price of MATIC continues to trade above the 50 Exponential Moving Average (EMA) on the daily timeframe. The price of Polygon (MATIC) has remained strong despite the market uncertainties that have affected the price of many altcoins in recent weeks. Polygon (MATIC) has held strong, defending its support as the price is set for a major rally. The price of Bitcoin (BTC) showed strength bouncing....
It appears that the rising popularity of Bitcoin and other cryptocurrencies — despite the continuous carnage on the broader crypto market — has caused one of the greatest investors of all time, Warren Buffett, to change his mind. The 91-year-old investor was asked on May 2 at the annual Berkshire Hathaway shareholders meeting if he […]