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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. As the buyers built pressure at the $0.41-resistance, the bears quickly reacted by inflicting a steep plummet toward Algorand's [ALGO] multi-monthly lows.
The crypto market has been reeling since the beginning of the year due to multiple challenges but these must-buy cryptos offer tremendous upside potential.
A back-and-forth tweet exchange has sparked a heated discussion among the crypto community about the token of the Algorand blockchain, which some believe could mirror last year's ADA explosion
Staci Warden, CEO of the Algorand Foundation, the Singapore-based entity behind the pure proof-of-stake (PPoS) Algorand protocol, shares insights into the use cases and competitive advantages of the Algorand ecosystem. #consensus2022 #digitalfinance #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 Site: https://www.coindesk.com Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.linkedin.com/company/3104779/admin Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.
Continuing its bid to push deeper into the US market, Luxembourg-based Bitstamp has announced a special Earn product for American investors. The product, which is [.
As of today, the entire crypto market is down by 3.76%.
On June 10, a whopping $24.8 billion was wiped out of the crypto market.
The past week has produced relatively minor gains for the crypto market, indicating that coins are still on the road to recovery. Investor sentiment remains [.
AVAX and ALGO both fell by nearly 10% on Friday, following the release of the latest inflation figures in the United States. Data showed that inflation is currently at 8.6%, which is close to a 40-year high. Both AVAX and ALGO moved close to one-week lows on the news. Avalanche (AVAX) AVAX moved close to […]
TL;DR Breakdown Algorand price analysis suggests a downwards movement to $0.3500 The closest support level lies at $0.3800 ALGO faces resistance at the $0.4024 mark The Algorand price analysis shows that ALGO has been unable to climb past the $0.4200 mark and the following rejection caused the price to crash below the $0.4000 mark. The.
Algorithmic investment adviser firm Delphia secured $60 million in a Series A funding round led by crypto venture firm Multicoin Capital. The post Algo investment advisor Delphia secures $60 million in Series A round appeared first on The Block.
The Fear and Greed Index is 15 Extreme Fear and is +2 from Monday's reading of 13 Extreme Fear
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Algorand's (ALGO) correlation with the king coin over the last 6-7 months drew down the alt to its yearly lows in May.
The point of cryptocurrencies is to allow people to eliminate the use of middlemen in transactions in which they do not trust the other party. Other than the few currency-focused crypto tokens like bitcoin, virtually all cryptocurrency blockchains are “smart contract” platforms that allow users to set up self-executing agreements that make payments or other […]
Algorand investors are, in the truest sense, absolutely unpredictable because when investors of every other cryptocurrency were moving away from their investments, ALGO holders were heading headfirst into the asset. This, despite the altcoin itself treading the abyss.
Bitstamp exchange launches Earn products for ALGO and ETH in the US allowing the customers to earn interest on staking for these coins so let's read more today in our latest cryptocurrency news. As Bitstamp continues its push into the US markets, the platform aims to introduce its Earn product to the US investors.
Coinspeaker BitStamp Introduces Earn Product to US Customers for Staking Ethereum, Algorand
Bitstamp has launched its Earn product to U.S. customers, allowing customers to earn interest on staking Ethereum and Algorand.
In a surprise move, the Algorand Foundation has shown commitment to helping those impacted by the Terra collapse, offering a place where developers and projects can continue to grow and innovate. Algorand (Algo) is one of the most advanced layer-one networks in the blockchain industry, focused on sustainably expanding blockchain utility. Algorand was founded by […] The post Algorand and MakerX Commit 1M Algo to Migrate Terra Users to Algorand appeared first on Coin Bureau.
The pNetwork bridge that brings pBTC tokens on the Algorand blockchain has been launched
New data shows institutional investors are jumping on the opportunity to buy Bitcoin and one of Ethereum's main competitors. In its latest Digital Asset Fund Flows Weekly report, CoinShares finds digital asset investment products enjoyed inflows nearing $90 million last week, with leading crypto asset Bitcoin taking the lion's share. “Digital asset investment products saw inflows […] The post Institutional Investors Are Now Accumulating Bitcoin and One of Ethereum's Biggest Competitors: CoinShares appeared first on The Daily Hodl.
Algorand-based institutional investment products had a record-breaking $20 million in inflows
Two price levels could make the difference between bullish and bearish Algorand price predictions heading into the new month.
Crypto investors are always on the lookout for the next profitable coin. Within the crypto community, the phenomenon of a coin soaring in price is often called ‘mooning'.
