Latest News

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 […]

Good morning, and welcome to First Mover. I'm Brad Keoun, here to take you through the latest in crypto markets, news and insights.

The cryptocurrency market is stabilising a little after TerraUSD (UST) and luna (LUNA) caused a big selloff. Its total cap now stands at $1.38 trillion, [.

Over the last few weeks, the crypto market has experienced drastic price movements with price marks touching lower lows. Given these movements, several crypto assets [.

The latest Algorand price analysis is leading in a bullish direction. Though the price underwent a decline yesterday and decreased to the $0.459 level as the bears made a comeback after three days of recovery from the bullish side.

The crypto market has experienced drastic highs and lows in the last few days and has created several buy opportunities for investors. Following recent market [.

The bearish flag on the daily chart is pushing new bearish Algorand price predictions of a drop below the $0.30 price mark.

Here are three of the best cryptos to buy, for investors seeking to pick up long-term bets on the crypto sector in this beaten-down market.

The crypto market abstained from flashing high volatility over the last 24 hours. But with the crypto fear and greed index still hovering in the ‘extreme fear' zone, the near-term technicals of Polkadot, NEAR, and Algorand were in the neutral-bearish range.

A widely followed crypto analyst is unveiling what he thinks can push Ethereum challenger Algorand (ALGO) to a fresh all-time high. In a new video, the host of popular YouTube crypto channel Coin Bureau tells his 2.04 million subscribers that smart contract platform Algorand is currently facing a number of fundamental challenges including the exponential […] The post Here's How Ethereum Rival Algorand (ALGO) Can Definitively Break All-Time Highs, According to Coin Bureau appeared first on The Daily Hodl.

After dancing around its highest liquidity range (Point of Control, POC) near the $0.7 zone for two months, Algorand (ALGO) correlated with the broader sell-offs. As a result, the altcoin marked a substantial drop below the vital ranges of its Pitchfork.

May 12, 2022 – Madrid, Spain Bnext announces a total investment of $10 million, as the Spanish fintech giant prepares to complete its token sale. Borderless Capital has increased its investment in Spanish fintech Bnext to $10 million with a new investment of $4.5 million. What this means for Bnext This latest investment will help further Bnext's […] The post Bnext Receives Additional $4.5 Million Investment, Led by Borderless Capital To Drive DeFi on Algorand appeared first on The Daily Hodl.

Algorand is down by 10 per cent in today's trading session, extending yesterday's 23 per cent drop. The trend looks poised to continue

Cryptocurrencies provide financial opportunities to users. However, the most enticing aspect of crypto assets is the opportunities they offer investors to earn profits.

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

Napster, once popular in the early 2000s for peer-to-peer audio file sharing, has been acquired by Hivemind and Algorand, the teams announced today. The post Napster acquired by Hivemind, Algorand at undisclosed price appeared first on The Block.

FIFA has signed a sponsorship and technical collaboration agreement with Algorand, the first blockchain network that has a pure PoS consensus mechanism. This partnership makes Algorand the first official blockchain platform for FIFA.