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Former senior manager at Ripple joins Algorand Foundation

Michael Saylor, the founder Microstrategies, holders of more Bitcoin than God (or any other corporate treasury), recently tweeted that volatility is the price you pay for gains. That's never been truer than in the nascent altcoin market. Most altcoins have been around for just a few years.

On Friday (August 12), former White House Director of Communications Anthony Scaramucci, who is the founder and managing partner of global alternative investment firm SkyBridge Capital, shared his thoughts on the crypto market. SkyBridge Capital is “an SEC-registered investment adviser and global alternative investment manager that invests in hedge funds, digital assets, private equity, and real estate.

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto's own research on the subject Decentralized finance is one area in which blockchain technology excels above conventional business practices. How platforms capitalize on this innovation is the real talk of the town these days.

Our Algorand price prediction suggests that the price could hit $0.42 in case of a sudden increase in trading volume.

The Algorand Foundation, a non-profit organization aimed at supporting the Algorand network, recently announced its partnership with Boston University and Kenya-based agricultural company, Hello Tractor, to introduce the use of blockchain technology to bolster the efficiency of African farmers. Tokenomics Designed to Support African Farmer Realizing the rising food shortages and underlying low technology in the African agricultural sector, Hello Tractor seeks to curb these deficiencies.

While most cryptocurrencies have been struggling to recover from the crash of June, many others have been successful in charting significant rallies. However, interestingly, even the ones that didn't recover still managed to rise higher than Algorand.

With the crypto ecosystem suffering from the bear market, many investors are now more careful and this has greatly affected the following many projects in the past. Shiba Inu (SHIBA) and Algorand (ALGO) are two good examples of coins that have been losing popularity in this market cycle but not to worry, there's hope.

Across the entire crypto-market, Algorand [ALGO] was one of those that failed to register a massive uptick in July. ALGO relatively underperformed compared to protocols like Cardano [ADA] and Solana [SOL].

On July 18, Algorand pierced the $0.36 resistance level, and in the next few trading sessions, it traded along that price level.

Apifiny, the global cross-exchange digital asset trading network, recently announced the release of Apifiny Algo V1.1, an advanced crypto trading library in C++ “for High-Frequency Trading (HFT) and latency-sensitive traders.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer's opinion. Over the past couple of days, Algorand [ALGO] has posted gains of nearly 10%.

Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding Lending protocols have become key aggregators of liquidity across L1s as on-chain yields remain significantly lower than their prior highs in late 2021 Aave continues its dominance in the Avalanche ecosystem, while a pair of lending protocols with “liquid governance” derivatives compete for superiority on Algorand. In the Polkadot ecosystem, liquid-staking derivatives are emerging as one of the most popular ways to attract capital

Steve Kokinos, as the Algorand CEO resigned to pursue other interests and he will be focusing on other projects still in the Algorand ecosystem so let's read more today in our latest cryptocurrency news. The Algorand CEO resigned to pursue other interests but still plans to continue as a senior adviser until mid-2023.

Major decentralized blockchain technology company Algorand has appointed an interim chief executive officer (CEO) following the departure of Steven Kokinos.

Algorand CEO Steven Kokinos is departing the company to pursue another business opportunity elsewhere. Sean Ford is taking over as interim CEO effective immediately.

The chief executive of blockchain company Alogrand has stepped down, and the company's chief operating officer will take his place. As the Boston firm said in a news release Wednesday (July 27), W.

Former Algorand CEO Steven Kokinos said he will stay on as a senior advisor and be involved in “key projects” related to scaling adoption until 2023.

Steven Kokinos said he'd still be focusing “on key projects in the Algorand ecosystem.”

Algorand's CEO, Steven Kokinos, has left the blockchain project to pursue other interests. Mr. Kokinos will stay on at Algorand as a senior advisor until mid-2023.

Long-time employee W. Sean Ford has been promoted to interim CEO, following the departure of Steven Kokinos. The post Algorand names COO W. Sean Ford as new interim CEO appeared first on The Block.

The blockchain technology company appointed current Chief Operating Officer Sean Ford to replace Kokinos on an interim basis.

Since July 20, Algorand has been in a strong bearish trend, which has seen it lose 16 per cent of its value.

The cryptocurrency market might be taking its first steps towards recovery, as major coins build momentum. And this bullish momentum is seeping into a few other tokens.