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Almost three weeks have passed since ALGO set a new 2022 low at $0.34 on 12 May, courtesy of the crash after UST's collapse. ALGO experienced a notable bounce-back since then, but it has since then given up those gains in favor of a support retest.
The performance of the global crypto market has changed a bit as the value of losses has been reduced. The influx of funds to the market has helped Binance Coin and others turn bullish.
Algorand, a Proof-of-Stake (PoS) blockchain protocol, has invested an undisclosed amount in FlexID to expand its Self Sovereign Identity (SSI) platform, according to an announcement. The post Algorand funds FlexID to offer Africa's unbanked self-sovereign IDs appeared first on CryptoSlate.
“What we need is not stablecoin boosterism or stablecoin doomerism, but rather a return to principles-based thinking,” Vitalik Buterin emphasized.
The Nigerian government has entered a three-year Intellectual Property Right (IPR) partnership with Developing Africa Group to launch a country-wide wallet and an IP exchange marketplace. The post Nigeria and Developing Africa Group ink deal to launch a crypto project on Algorand appeared first on CryptoSlate.
Anthony Scaramucci has praised Algorand's technology after taking a big stake in the native ALGO token
From the look of things, it might take more than a sponsorship and technical partnership deal with FIFA ahead of the 2022 World Cup to drive up the price of a coin. Over 22 days after the announcement of the partnership between FIFA and Algorand, the network's native token is still struggling to ward off […]
These are some of the best cryptos to buy as they have robust fundamentals and real-world use-cases offering incredible upside.
Crypto assets are volatile in nature. The recent dip has opened up opportunities for investors to amass profits as the best coins for 100x gains [.
The cryptocurrency market is down again after a brief and modest rebound. Its total cap is $1.31 trillion, representing a 4% decline in the past [.
Algorand price remains in a consolidation mode as the cryptocurrency winter continues. The ALGO token is trading at $0.4180
TL;DR Breakdown Algorand price analysis suggests a downwards movement to $0.400 The closest support level lies at $0.4400 ALGO faces resistance at the $0.4500 mark. The Algorand price analysis shows that the bulls are unable to climb past $0.500 as trade volume dwindles amidst an undecided market.
Martin Shkreli predicts that Ethereum's market cap will eventually eclipse that of Bitcoin
[PRESS RELEASE – Please Read Disclaimer] V2B Labs had an amazing time being part of Ideathon Pitch Day, a blockchain event organized by the Algorand in Tokyo on last May 14, 2022. On May 14, 2022, Algorand successfully organized the Blockchain Business Idea Pitch, joined by well-known Japan Accelerator mentors, overseas Algorithm founders and VCs, […]
The Chair of the Federal Reserve of the United States Jerome Powell stated that the Federal Reserve would keep hiking rates in order to tame inflation. This could continue into June and July, which could have a bearish impact on the stock markets in the coming weeks.
Algorand Price Prediction – May 18The current trading outlook reveals that the ALGO market is downing slowly against the market worth of the US fiat [...]
After plummeting below the $0.68-mark, Algorand [ALGO] hovered around the high liquidity range near $0.7 for over a week. However, the broader liquidations led the altcoin to accelerate its southbound journey to the $0.39 support.
Algoracle, a decentralized oracle network that links the Algorand blockchain to the physical world, announced today it recently closed a seed funding round for $1.5 million (USD) to help accelerate the development and launch of Algorand's native decentralized oracle network. Algoracle's seed round was led by Borderless Capital, with major contributions from the Algorand Foundation, Valhalla Capital, and Big […] The post Oracle network for Algorand blockchain Algoracle closes $1․5M seed round appeared first on CryptoNinjas.
These seven cheap crypto currencies to buy could witness a recovery. All of them have plummeted in 2022 but offer useful features.
Algorand ALGO/USD is a public blockchain network that has its own native cryptocurrency token. ALGO is used to power the network. Algorand uses a consensus mechanism known as Pure-Proof-of-Stake, where ALGO holders get randomly selected to validate and approve new blocks on the chain. Algorand has become the home to many non-fungible tokens (NFTs) based […] The post Is Algorand worth buying after Universal Music Group's deal with LimeWire? appeared first on Invezz.
Universal Music Group will release an NFT on the Algorand marketplace LimeWire so let's have a closer look at today's latest blockchain news. The major music label that stands behind Kendric Lamar, Taylor Swift, BTS, and U2 will allow artists to drop NFTs on the Web3 version of LimeWire.
Algorand Foundation CEO Staci Warden joins Bloomberg's Taylor Riggs at the Boston Chamber of Commerce Annual Meeting to discuss Algorand's role in creating a carbon-negative blockchain and to discuss how blockchain technology can boost financial equity globally.
The major music label behind Taylor Swift, U2, Kendrick Lamar, and BTS will let artists drop NFTs on the new Web3 version of LimeWire.
On Tuesday (May 17), generic cross-chain messaging protocol Wormhole announced that it had launched support for the Algorand ($ALGO) blockchain. As Binance Research explained in a research report published in June 2019, Algorand is “a permissionless, pure proof of stake blockchain that ensures full participation, protection and speed within a truly decentralized network.” Algorand's aim is “to remove technical barriers […]
