Cricket and Crypto: Polygon-based IPL Fan Tokens Soon!

Apart from two new franchises in the next edition of the Indian Premier League (IPL NSE 2.16 %), global cricket fans are likely to be also rewarded with official fan tokens. Cricket and crypto polygon-based IPL fan tokens soon!

“IPL fan tokens are on the cards, and are likely to be powered by Polygon,” a source said on condition of anonymity. An official announcement is likely to be made by December, said another source.

Polygon; (MATIC) is an Indian blockchain scalability platform aimed to create a multi-chain ecosystem of Ethereum compatible blockchains. Cricket and crypto polygon-based IPL fan tokens soon! It has lower fees, better user experience and lower cost per transaction per cent (TPS).

Ethereum Jumps 21% Higher This Week, Second Largest Crypto Market Nears All-Time High

After Bitcoin reached its all-time high (ATH) on Wednesday; the second-largest crypto asset in terms of market capitalization, ethereum, is nearing its own ATH. The last time the crypto asset hit an ATH was five months ago on May 12.

The digital currency Ethereum (ETH) came awfully close to surpassing its all-time high this week; reaching $4,379 per unit on the exchange Deri bit. That’s only 0.1141% away from the ATH ethereum tapped five months ago ($4,384) on May 12, 2021.

Ethereum’s market movements have been slower over the last week; taking a backseat to bitcoin (BTC) after the first U.S.-based bitcoin exchange-traded fund (ETF) was launched. Three days after the listing; ethereum and a slew of other crypto assets started to pick up the pace in terms of market performance.

Cardano Set To Enter The Babbage Era After Alonzo HFC Milestone

Cardano successfully deployed the Alonzo Hard Fork Combinator over a month ago; which has no doubt been one of the most important upgrades to happen on the network Alonzo HFC brought with; it smart contracts capability on the network and; with this came decentralized finance (DeFi) services to the ecosystem. Developers could now develop and deploy decentralized applications (DApps) on the Cardano blockchain.

This provided a boost for the network and; Cardano continues to work with developers to get their DApps deployed on the blockchain. After this milestone, a question on the minds of supporters has been, ‘What’s next?’ With the Alonzo HFC operating as intended, the developers behind the blockchain can now move to the next phase. This phase is referred to as the Babbage era.

Bitcoin New All-Time Cleared, $100,000 Straight Ahead?

Bitcoin has now set a new all-time high above $67K; a price range that one would have thought impossible when the market slowed to a crawl in September. Investors across the market are back in the green after enduring a brutal month and; sentiment could not be more positive. This has translated to more faith in the market as more money flows into crypto.

However, hitting a new all-time high does not mean that the market stops moving. If anything; times like these are crucial for the digital asset in the long term as the market could go either way. With this in mind; Coindesk talked to market analysts to get a feel for where; they see the price of the digital asset going from here. The responses were insightful, as well as bullish all around for the cryptocurrency.

Associated Press To Utilize Chainlink Smart Contracts

The Associated Press (AP) has historically been known as one of the most reliable sources in news data. This week; the AP has announced that; they are launching a Chainlink node to make a variety of different datasets available to leading blockchains.

The AP has continued to be aggressive in utilizing blockchain technology to provide data in the quickest; and most reliable way possible.

Bank of England will scramble to buy BTC before it reaches $ 1million

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