POL in the spotlight: latest news

BitMine Immersion Technologies, Inc. (NASDAQ:BMNR) experienced a decline in its stock price during Wednesday's after-hours trading, despite ongoing investments from prominent investors.

A former executive from Polymarket announced on Wednesday that The Clearing Company, a new blockchain-based prediction platform, has secured $15 million in seed funding. The startup aims to compete in the prediction market space.

Artificial intelligence-based cryptocurrencies experienced a decline early Thursday, following the release of Nvidia Corp.'s (NASDAQ:NVDA) post-earnings report.

Investors should consider XRP, Chainlink, and POL as top cryptocurrency buys during federal rate cuts, as these assets are expected to experience significant rallies in September.

Nvidia Corp. (NASDAQ: NVDA) is preparing to announce its second-quarter financial results on Wednesday. Cryptocurrency bettors on Polymarket are anticipating several key issues to dominate the earnings call.

Altcoin season is generating enthusiasm as specific cryptocurrencies demonstrate the potential for significant returns. Chainlink and POL are among the leading candidates, both suggesting the possibility of achieving tenfold gains.

Japan's market regulator is set to propose a revision to the country's tax code, which could pave the way for domestic cryptocurrency exchange-traded funds (ETFs). The proposal includes a flat 20% tax on crypto gains, classifying cryptocurrencies as 'financial products.' This move may significantly impact the landscape of cryptocurrency investments in Japan.

The NFT market has faced a significant downturn, with sales volume decreasing by 25.78%. This decline comes after a brief recovery in the previous week.