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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.

Algorand's (CRYPTO: ALGO) price has decreased 7.76% over the past 24 hours to $1.67, continuing its downward trend over the past week of -7.0%, moving from $1.76 to its current price.

Cryptocurrency Algorand Decreases More Than 7% Within 24 hours

Over the past 24 hours, Algorand's (CRYPTO: ALGO) price has risen 10.21% to $1.82. This is contrary to its negative trend over the past week where it has experienced a 11% loss, moving from $2.06 to its current price.

Cryptocurrency Algorand's Price Increased More Than 10% Within 24 hours

Polygon

Widely known crypto trader and strategist Scott Melker says that he's bullish on Algorand (ALGO), Polygon (MATIC), and two other altcoins. The analyst known as the Wolf Of All Streets tells his 568,100 Twitter followers that the decentralized blockchain protocol ALGO looks ready for continuation after perfectly retesting support at the $1.84 level. Melker is […] The post Bullish Continuation Coming for Algorand, Polygon, and Two More Altcoins, Predicts Top Crypto Analyst appeared first on The Daily Hodl.

Bullish Continuation Coming for Algorand, Polygon, and Two More Altcoins, Predicts Top Crypto Analyst

Anthony Scaramucci's SkyBridge Capital has over $700 million in crypto and plans to further expand its crypto offerings.

SkyBridge Capital Is Raising $250M For An Algorand Crypto Fund

Pending approval, the First Trust SkyBridge Crypto Industry and Digital Economy ETF will aim to provide investors with capital appreciation in crypto.

Scaramucci's SkyBridge Capital Files for Crypto ETF, Raises $100M for Algorand Fund

With ALGO on the rise recently, Algorand plots ticketing, NFT collectibles, and token-based voting for the flying drone league.

Drone Racing League Finds High-Flying Crypto Partner in Algorand

Algorand will now support e-Money's range of stablecoins, including those pegged to the euro (eEUR), Swiss franc (eCHF) and Swedish krona (eSEK).

E-Money's Stablecoins to Become Available on Algorand

Five cryptocurrencies have skyrocketed 100% or more in just one week despite the broader correction in the crypto markets.  At the top of the list is XYO Network (XYO), a decentralized network of devices that anonymously collects data with a geographical component. The crypto asset, which holds a market cap of over $590 million, surged […] The post These Five Altcoins Are All Up 100% or More in One Week Despite Broad Crypto Correction appeared first on The Daily Hodl.

These Five Altcoins Are All Up 100% or More in One Week Despite Broad Crypto Correction

An Ethereum competitor is launching a $300 million fund to support decentralized finance (DeFi) innovation on its network. Blockchain company Algorand Foundation is putting 150 million ALGO, worth $309 million at time of writing, into the Viridis DeFi Program in an effort to fuel the growth of development on its platform. Sean Lee, chief executive […] The post Ethereum Competitor Launches $300,000,000 DeFi Fund to Fuel Crypto Adoption appeared first on The Daily Hodl.

Ethereum Competitor Launches $300,000,000 DeFi Fund to Fuel Crypto Adoption

Terra

Solana

Algorand, Terra and Solana are all still rallying.

Altcoins Continue to Rise While Ethereum and Bitcoin Fall

While most of the cryptocurrency market suffers through a correction, one altcoin is surging 86% this week. Algorand (ALGO), a blockchain for decentralized finance (DeFi) applications, was trading around $1.51 before this week and dropped like the rest of the crypto market to $1.20 by the middle of Tuesday. However, since hitting that price point, […] The post This Altcoin Is Skyrocketing Amid the Greater Crypto Market Correction appeared first on The Daily Hodl.

This Altcoin Is Skyrocketing Amid the Greater Crypto Market Correction

The price of algo, the token for the Algorand platform, has risen sharply this year, climbing higher as this network benefits from rising adoption and widespread visibility.

Algorand Has Rallied 600% This Year—What Has Fueled These Gains?

Blockchain platform Algorand has launched a $330 million fund that's focused on growing its DeFi ecosystem. The post Algorand sets up $330 million fund that's focused on DeFi appeared first on The Block.

Algorand sets up $330 million fund that's focused on DeFi

Algorand (CRYPTO: ALGO), has shot up 143.47% over the last 30 days beating the gains in a similar period by major cryptocurrencies. What's Moving?

This Blockchain Platform's Cryptocurrency Has Outperformed Ethereum, Dogecoin, Cardano Over 30 Days

Polkadot

Fantom

Tezos

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 As the cryptocurrency market continues to recover from its lows earlier this year, DeFi protocols and infrastructure are beginning to emerge in L1s that have not previously seen fully developed DeFi and NFT ecosystems This week, we take a look at Fantom, Tezos, Algorand, and Polkadot

Layer by Layer Issue 6: Update on Fantom, Tezos, Algorand, and Polkadot

Ethereum

After a nasty selloff, Ethereum (CRYPTO: ETH) found support around the $3,350 level. There is support at $3,350 because it was previously a resistance level.

Ethereum Rebounds While Algorand Skyrockets

Cardano

SkyBridge Capital founder and co-managing partner Anthony Scaramucci says altcoins like Ethereum (ETH), Cardano (ADA), and Algorand (ALGO) will likely continue to grow because of their clear utility. In a new interview on CNBC, the investment veteran says that despite the sharp correction that crypto markets experienced on the same day that El Salvador officially […] The post Ethereum, Cardano, and Algorand Will Rise Due to ‘Great Use Cases': SkyBridge Capital Chief Anthony Scaramucci appeared first on The Daily Hodl.

Ethereum, Cardano, and Algorand Will Rise Due to ‘Great Use Cases': SkyBridge Capital Chief Anthony Scaramucci

Over the past 24 hours, Algorand's (CRYPTO: ALGO) price rose 37.21% to $1.64. This continues its positive trend over the past week where it has experienced a 44.0% gain, moving from $1.15 to its current price.

This Crypto Is Up By 44% While Bitcoin And Ethereum Tumble

Algorand's (CRYPTO:ALGO) price has increased 17.62% over the past 24 hours to $1.06. Over the past week, ALGO has experienced an uptick of over 11.0%, moving from $0.9 to its current price.

Cryptocurrency Algorand Rises More Than 17% In 24 hours

Avalanche

Quick Take Layer 1 blockchains have seen significant growth and usage over the past year This continuing series breaks down some of the latest developments from L1 chains, from DeFi and bridges to network activity and funding This week, we look at Tezos, Fantom, Avalanche, Algorand, and Polkadot

Layer by Layer: An update on Tezos, Fantom, Avalanche, Algorand, and Polkadot

The fund will offer exposure to ALGO and a 4%-6% staking yield.

Valkyrie Launches an Algorand Trust

Litecoin

Popular crypto analyst and trader Michaël van de Poppe is mapping out bullish scenarios for Ethereum, Litecoin and two additional altcoins as Bitcoin continues to trade in a narrow range. Van de Poppe tells his 351,900 followers in a new tweet that he's keeping a close watch on Ethereum against Bitcoin (ETH/BTC). According to the […] The post Crypto Analyst Michaël van de Poppe Outlines Bullish Path for Ethereum, Litecoin and Two Additional Altcoins appeared first on The Daily Hodl.

Crypto Analyst Michaël van de Poppe Outlines Bullish Path for Ethereum, Litecoin and Two Additional Altcoins

Popular cryptocurrency analyst and Coin Bureau host, Guy, says investments by venture capitalists in later-stage cryptocurrency projects indicate the high potential those particular projects have. Guy kicks off his list of five cryptocurrency projects with high-performance blockchain Solana (SOL), which is among the many projects that have received massive financial backing from venture capital (VC) […] The post Here Are Top Five Altcoins To Watch Based on VC Backing, According to Coin Bureau appeared first on The Daily Hodl.

Here Are Top Five Altcoins To Watch Based on VC Backing, According to Coin Bureau

Algorand is looking beyond Copper's safe-keeping provisions to explore the custodian's ClearLoop system of instant asset exchange and settlement.

Algorand Gets Cozy With Crypto Custodian Copper

Basic Attention Token

As part of its ongoing commitment to offer all its users a broad variety of cryptoassets, eToro is happy to announce that it is launching a number of new tokens. Now available on the eToro investment platform are the following cryptoassets. Algorand (ALGO) ALGO is the world's first pure proof-of-stake crypto. It allows a single […] The post New Cryptoassets Available on eToro – June 2021 appeared first on The Daily Hodl.

News for Algorand Crypto (ALGO)