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Algorand

Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. Algorand was invented to speed up transactions and improve efficiency, in response to the slow transaction times of Bitcoin and other blockchains. Algorand is designed so that there are lower transaction fees, as well as no mining (like Bitcoin's energy-intensive process), as it is based on a permissionless pure proof-of-stake (PoS) blockchain protocol.

Algo trading (algorithmic trading) is a recent technological development that's helped to pave the way for revolutionary levels of market access and trading efficiency throughout virtually every financial market.

Five Compliance Challenges That Your Algo Execution Model May Be Creating

Dogecoin

Chainlink

A closely followed crypto analyst believes that two altcoins have the potential to skyrocket by as much as 5x before this cycle is over. Pseudonymous analyst Altcoin Sherpa tells his 228,100 followers on the social media platform X that he's extremely bullish on the altcoin market.

Analyst Names Two Altcoins That Can Soar About 600% This Cycle, Updates Outlook on Dogecoin

Tether, the company that manages the issuance of USDT, the largest stablecoin of the crypto market, has announced a shift in its focus on providing support to blockchains based on community interest. The company announced it would stop minting USDT tokens in two blockchains, Eos and Algorand, starting June 24.

Tether Announces Shift to ‘Community Driven Support' Regarding USDT in Eos and Algorand

The crypto firm behind the largest USD-pegged stablecoin by market cap says it is shifting focus to community-driven blockchains. According to a new press release from Tether, the firm behind USDT, the company always takes “community interest” into consideration when evaluating a blockchain.

Stablecoin Issuer Tether Discontinues Support for Algorand (ALGO) and EOS Implementations

Algorand and EOS will get no more USDT as Tether quits minting on those chains, with redemption support only promised for the next year.

Tether Stops Minting USDT Stablecoin on EOS and Algorand

The circulating supply of the dollar-linked stablecoin on the two blockchains represents roughly 0.1% of the total USDT supply.

Tether to Stop Minting Stablecoin USDT on Algorand and EOS

Tether will discontinue support for EOS and Algorand implementations by stopping the minting of USDT on both blockchains today.

Tether discontinuing support for EOS and Algorand, ends USDT minting on both blockchains

The X social media account of the Algorand Foundation's chief executive has been hacked, marking the third major exploit of crypto-related X accounts this month.

Algorand Foundation CEO's X Account Compromised As Spree of Crypto Social Media Hacks Continue

The FIFA+ Collect platform will continue to launch NFTs on Algorand, but the soccer giant is also expanding to Polygon via drops on OpenSea.

FIFA Will Mint Soccer NFTs on Polygon—But Isn't Ditching Algorand

The United Nations Development Programme together with the Algorand Foundation are set to launch a blockchain academy in the first quarter of 2024. The objective of the academy is to provide the UNDP's employees “with knowledge and insights into the applications of blockchain technology.

UNDP and Algorand Foundation to Launch Blockchain Academy in Q1 of 2024

Blockchain protocol Algorand (ALGO) has expanded its footprint in India by securing new partnerships with NASSCOM, India's trade body and chamber of commerce for the tech industry, T-Hub, a prominent innovation hub, and the Mann Deshi Foundation which supports India's first rural bank for women.

The Algorand Foundation Expands Its Footprint in India

Bitcoin

Ethereum

SkyBridge Capital founder, Anthony Scaramucci has shed a bullish light on the future price trajectories of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Algorand (CRYPTO: ALGO), suggesting hearty targets for these cryptocurrencies, detailing the intrinsic factors that could drive such a bullish trend. This optimistic outlook comes just ahead of Benzinga's Future of Digital Assets conference on Nov. 14, which aims to delve into the evolving dynamics of digital assets.

Crypto Bull Scaramucci Sees 3X Gains For Bitcoin, Ethereum, And Algorand — Here's Why

SkyBridge Capital founder Anthony Scaramucci is identifying his price targets for Bitcoin (BTC) and Ethereum (ETH). In a new interview with Altcoin Daily, Scaramucci says that the king crypto could hit six figures within a year after Bitcoin's halving event.

Anthony Scaramucci Lays Out Potential Price Targets for Bitcoin and Ethereum, Updates Outlook on Algorand (ALGO)

The layer-1 blockchain Algorand, already in regulators' crosshairs, suffered yet another breakdown during the latest market crash.

Algorand Hits New All-Time Low Amid Market Downturn

Bitcoin (CRYPTO: BTC) traded higher, with the cryptocurrency prices trading above the key $29,500 level on Tuesday. Ethereum (CRYPTO: ETH) also moved higher, trading above the key $1,800 mark this morning.

Bitcoin Rises Above This Key Level; Algorand Emerges As Top Gainer

Algofi, the largest decentralized finance protocol on layer-1 blockchain Algorand, said it will shut down and plans to halt lending, borrowing and trading imminently.

DeFi Protocol Holding 55% of Algorand Value to Shut Down

The protocol upgrade includes several improvements intended to make application development faster and more cost-efficient.

Algorand Cuts Block Time After New Upgrade

Polygon

Dash

Decentraland

Popular social trading platform eToro is halting purchases of layer-2 scaling solution Polygon (MATIC), smart contract platform Algorand (ALGO) and two other altcoins after a US regulator labeled them as securities.

Trading Giant eToro Halts Purchases of Polygon (MATIC), Algorand (ALGO) and Two Other Altcoins Amid SEC Crackdown

The latest price moves in bitcoin (BTC) and crypto markets in context for June 13, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

First Mover Americas: eToro Delists 4 SEC Targeted Tokens for U.S. Customers

eToro, a leading social trading platform, has delisted four crypto assets for U.S. customers, citing recent developments.

eToro to delist Polygon, Decentraland, Dash and Algorand on US platform

The social trading and investment company Etoro declared on Monday that starting July 12, 2023, U.S. customers would be unable to initiate new trades for ALGO, MANA, DASH, and MATIC. The company cited the “rapidly evolving regulatory landscape” as the reason behind the delistings.

Etoro to Delist ALGO, MANA, DASH, and MATIC for US Customers Amid ‘Evolving Regulatory Landscape'

eToro emphasized that the changes will only affect U.S. customers and assured its commitment to the crypto industry.

eToro Delists Crypto Assets Deemed Securities by SEC

The move follows a similar pull-back from stock and crypto trading app Robinhood.

eToro to Halt Polygon, Algorand, Decentraland, and Dash Purchases for US Customers

Prices for a number of altcoins fell after they were namechecked by the Securities and Exchange Commission.

Algorand and Flow Crash to All-Time Lows Following SEC Lawsuits

Solana

As investors pull money out of the broader crypto sector ahead of expected interest rate hikes, Solana, Algorand and Polygon are bucking the trend.

News for Algorand Crypto (ALGO)