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Co-founder of Polygon resigns and will continue to work “from the sidelines.”

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Jaynti Kanani, one of the visionary co-creators behind Polygon, declared his departure from the project’s relentless daily grind approximately half a year ago. In an intricately woven narrative conveyed through an Oct. 4 X (formerly Twitter) thread, Kanani unveiled his intention to embark on novel ventures while maintaining a subtle influence on Polygon’s trajectory, orchestrating a symphony of innovation from the sidelines. Collaborating with software virtuosos such as Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic, Kanani laid the foundational keystones of the Matic network back in 2017, an entity that would later metamorphose into the renowned Polygon. Emotions ran high as Nailwal, in response to this announcement, candidly expressed, “This journey, my friend, stirs the deepest emotions within me. We’ve traversed uncharted territories together, and yet, Polygon’s odyssey is but in its nascent stage. How I yearn for more extended chapters in this ext...

Bitcoin price prediction as the coin sees another rapid surge to $30.7k as ETF speculations continue

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Join Our Telegram channel to stay up to date on breaking news coverage After dipping on Wednesday, the Bitcoin (BTC) price dropped down to a support at $30k, from where it launched multiple attempts at correction in the last 24 hours. Unfortunately, a strong resistance at $30.2k kept the price from progressing further up. That resistance was finally broken on early Thursday, allowing Bitcoin to sharply surge to the next big level at $30.7k. At the time of writing, Bitcoin’s price managed to reach the resistance with ease but not to break it. Instead, its price is lingering just below it, at $30.672. Some experts believe that Bitcoin is following a cyclical trend that will change again in a four-hour time frame, sending the coin downward until a specific area, only to allow it to go back up after that. The same analyst shared their view for the weekly Bitcoin chart, suggesting that the general trend will remain upward from their point of view. However, a different ...