As the TradFi market continues to be bullish on crypto following the BlackRock ETF filing, Polygon, Vechain and others continue to recover in price. Tradecurve leads the pack with 80% gains since the beginning of its presale, and another 388% to come in the next weeks.
Polygon pushes its tech further for interoperability, scalability and deep liquidity
Valkyrie Investments is the latest TradFi company to the crypto party as it joins the ranks of BlackRock, Invesco, WisdomTree, and Bitwise in seeking approval for a Bitcoin ETF. Amidst this news, most of the alts are rising, including layer 2 solution Polygon.
While Polygon is losing traction in the NFT space, being overtaken by Solana, Polygon still has its eyes on the prize, that of being one of the most trusted and low fee layer 2 blockchains. Polygon recently revealed Polygon 2.0 and its “vision for unlimited scalability and unified liquidity, powered by ZK technology.” As part of this they are trying to convince the community of the benefit of transforming from POS to a decentralized ZK Layer 2. This means seamless interoperability between dApps and chains.
As they grow, It seems that Polygon are trying to avoid problems like those faced by TerraLuna and other big organizations, as a short but telling full time job application was seen today saying simply “Polygon is looking to hire a Treasury Analyst to join their team”.
Polygon is up by 10% on the weekly and is a trending search on Coingecko.
Vechain to be listed on Coinbase
Vechain, which has been available for trading on Binance for a long time, pumped by 11% following the news that a listing on Coinbase is in the works. Whilst Binance have contested statement by the SEC suggesting that they were co-mingling funds, things still look murky as they have been ordered to stop trading in Belgium, and USD balances on Binance.US may have to be forcibly converted to USDT. So despite its own lawsuit, perhaps Coinbase is trying to fill in the gaps by planning to list VeChain.
VeChain dropped amidst market news and general bearishness, to new lows of $0.0147, before rebounding by 11% due to the Coinbase news, and then by a further 20% to its current price of around $0.0186.
I see VeChain as one of the few cryptos (excluding blockchains and DeFi apps) that actually has a real world use case that is currently being availed of, unlike many which target important but far off usecases. If VeChain can keep partnering with giants in the supply chain world, it may be possible for the VeChain price to keep growing as well.
Tradecurve is pushing the boundaries of trading
The fact that VeChain pumped on the news of its potential listing on Coinbase is interesting, given that Coinbase is facing its own lawsuit against the SEC, but perhaps profiting by the fact that Binance seems to be in even bigger trouble than Coinbase.
What people really need is a platform that is exempt from these regulatory issues, such as Tradecurve. Although Tradecurve is still in presale, what it is offering is a professional trading terminal, with access to crypto, stocks, forex, commodities and more.
Because it is built on the Ethereum blockchain, it does not come under the hammer of the SEC. The platform features a KYC free experience and with a focus on their traders’ anonymity.
Like Polygon, they recognize the importance of proper market making and will offer institutional level liquidity, achieved in part through the staking of their TCRV tokens.
This also provides passive income for stakers and the whole thing is made more bullish by the fact that according to Cryptoslate, DeFI was the biggest growing sector of crypto last week.
TCRV is in presale at $0.018, will launch at a minimum price of $0.088, (an increase of 388%), and is predicted to go as high as 10,000% after that, as the platform attracts more users, attention and money.
For more information about $TCRV presale tokens:
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official
