Polygon
![FTX Outlines Token Selling Plan | Crypto Daily Digest Sep.14](https://img.bitgetimg.com/multiLang/image/8cd45f677f17b7f49fba2eb784ff36fe1694709008819.ell.png)
FTX got court approval to sell its crypto assets with a weekly selling limit.
![Price analysis 7/24: SPX, DXY, BTC, ETH, XRP, BNB, ADA, DOGE, SOL, MATIC](https://img.bitgetimg.com/multiLang/image/f7ff2b6259a2623d5bb0ebf3867690f81690364168872.6aaf979-b03a-49cf-b731-a5a91040aa66.jpg)
Bitcoin is at the pivotal 50-day SMA support, and a drop below this level could result in accelerated selling of BTC and altcoins.
![Myanmar Shadow Government to Start Neobank With Crypto Rails to Fund Fight Against Military Junta](https://img.bitgetimg.com/multiLang/image/171913015b273601814e97cb3da669961689853219284.RG2EEIQNJATHFW4NPJA6ZIZBM.png)
The National Unity Government (NUG) bank is set to run on Polygon and do currency swaps via Uniswap v3 pools and USDT stablecoins.
![Polygon Mulls Governance Restructure in Polygon 2.0 Roadmap](https://img.bitgetimg.com/multiLang/image/f49ce545df07eb45d8717912d3bb0e691689770416079.4ZLS3XWNFEQ7IE4HLQR6676AA.jpg)
Developers have proposed an “Ecosystem Council” to push smart contract upgrades, as well as changes to how community-based funding works.
![Real-World Asset Platform Ondo Finance Expands Tokenized Treasurys to Polygon](https://img.bitgetimg.com/multiLang/image/d8467914d937404f67b80fb2640f92f41689255013738.ACOJ7SV5FDDHO72VBQKQA6QJM.jpg)
Ondo’s OUSG token, one of the largest on-chain tokenized Treasury products, has accrued $134 million of assets under management on Ethereum.
![Polygon Proposes Token Switch From MATIC to POL for More Utility](https://img.bitgetimg.com/multiLang/image/a7b8d1c14acf3742cf59ff9b48a8c5591689243016488.TC6K4F4VJF2RNGVYP7GLNDKLU.png)
If approved by the community, POL will work as a multipurpose token that can be used to validate multiple Polygon-based networks.
![What Is Ethereum’s ‘Data Availability' Problem, and Why Does It Matter?](https://img.bitgetimg.com/multiLang/image/a0732c5449b3fb251eb0d69da17c28881689177612282.HXTCQ5YMNEUZCPIRTS63LZ63M.jpg)
Separate “data availability” layers could reduce congestion on the Ethereum network by making it easier for ancillary “rollup” networks to verify that transactional details exist and are available to download if needed — without actually downloading them. The concept might offer an alternative to Ethereum’s own proposed solution, seen as years away.
![MATIC Surges 10% as Polygon's 2.0 Upgrade Draws Closer](https://img.bitgetimg.com/multiLang/image/30db158242ed15f47907020867270e1a1689096604249.BKNUK7FUFH2NEMCBJPT2SK6ZQ.png)
Open interest for MATIC trading pairs has risen from $109 million to $160 million in the past 24 hours.
The management changes come as Polygon, which runs two of the most closely watched networks for scaling Ethereum transactions, is in the midst of a rebrand to the next chapter of its corporate development, known as "Polygon 2.0."
![Celsius to Potentially Sell More Than $170M in ADA, MATIC, SOL and Altcoins for BTC, ETH](https://img.bitgetimg.com/multiLang/image/ce7781ff4925078487bcec151e0e942f1689072224518.GG2NCPQRFBNLIT72M3EQMR7WI.png)
Court documents from last November give a rough picture of the lender’s altcoin holdings.
- 01:31Yesterday, BlackRock's IBIT had a net inflow of 23 million US dollars, with a trading volume reaching 1.1 billion US dollarsAccording to Trader T's monitoring, BlackRock's IBIT had a net inflow of 23 million US dollars (341 BTC) yesterday, with a trading volume reaching 1.1 billion US dollars.
- 01:10Overview of Key Overnight Developments on July 2721:00-7:00 Keywords: ETHE, US SEC, Ark Invest, Rate Cut 1. ETHE saw a net outflow of $356.3 million yesterday; 2. The US SEC approved Grayscale's 19b-4 form for the Bitcoin Mini Trust; 3. A US judge approved the delay in seizing FTX's PAC political donations; 4. CryptoQuant founder: This Bitcoin bull market may last until mid-2025; 5. US Senator Bill Hagerty: Working to promote Bitcoin-supportive legislation; 6. The market expects the Fed to cut rates three times by the end of the year due to recent improvements in inflation data; 7. Ark Invest reduced its holdings in Coinbase and Tesla in the second quarter; 8. US presidential candidate Kennedy: Trump may announce a plan for the US government to buy Bitcoin tomorrow.
- 01:09Data: Grayscale Ethereum Trust ETF funds had a net outflow of 356.3 million US dollars yesterdayAccording to Farside monitoring data, on July 26th, Grayscale Ethereum Trust ETF (ETHE) had a net outflow of $356.3 million, while Grayscale Ethereum Mini Trust (ETH) had a net inflow of $44.9 million. Bitwise Ethereum ETF (ETHW) saw a net inflow of $16 million and Franklin Ethereum ETF (EZET) experienced a net inflow of $6.2 million.