This is a news story, published by CoinGape, that relates primarily to Polygon news.
For more Polygon news, you can click here:
more Polygon newsFor more crypto trading & speculation news, you can click here:
more crypto trading & speculation newsFor more news from CoinGape, you can click here:
more news from CoinGapeOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like crypto trading & speculation news, you might also like this article about
Grayscale Announces Updated Fund Component Weightings. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest GSCPxE Fund news, Grayscale Digital Large Cap Fund news, crypto trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Crypto asset manager Grayscale InvestmentsCoinGape
•67% Informative
Grayscale Investments announced updated component weightings of crypto assets in key funds.
It has removed Polygon (MATIC) from GSCPxE Fund as part of rebalancing.
MATIC price has dropped 34% in a month as the crypto market crashed due to panic selling by investors.
The price has rebounded more than 7% over the last 24 hours after new jobs data confirmed two rate cuts by the Federal Reserve .
VR Score
54
Informative language
49
Neutral language
22
Article tone
formal
Language
English
Language complexity
43
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
3
Affiliate links
no affiliate links