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” Top 5 cryptocurrencies to watch this week: BTC, ALGO, XMR, XTZ, THETA “ The S&P 500 and the Nasdaq have declined for five consecutive weeks, indicating that traders continue to reduce exposure to risky assets. Bitcoin’s (BTC) close correlation with United States equity markets has resulted in its price remaining under pressure. Bitcoin has…
” Markets are weak, but ALGO, FXS and HNT book a 20%+ rally — Here’s why “ Large-cap cryptocurrency continue to slump as investors await comments from the Federal Open Markets Committee regarding the exact size of the next interest rate hike. There are, however, a few bright spots in the market and select altcoins…
” ALGO price in danger of 25% correction despite Algorand–FIFA partnership hype “ Algorand (ALGO) prices rallied higher on May 3 after becoming FIFA’s official blockchain solution provider. Nonetheless, the ALGO/USD pair continues to face selloff risks. High-profile partnership ALGO’s price jumped 20% to $0.74, its highest level since April 22. Its move upside came…
” Algorand becomes first US blockchain sponsor of FIFA World Cup “ Blockchain network Algorand (ALGO) has partnered with FIFA inking a sponsorship and technical partner deal as the network becomes the soccer association’s first official blockchain platform. The deal announced on Monday, May 2 will also see Algorand become a regional supporter in North…
” Ethereum risks 35% drop by June with ETH price confirming ‘ascending triangle’ fakeout “ Ethereum’s native token Ether (ETH) faces the possibility of a 35% price correction in Q2 as it comes closer to breaking below its “ascending triangle” pattern. ETH price breakdown ahead? Ether’s price swung between profits and losses on May 2…
” Algorand aims to convert network transaction fees into carbon offsets “ Proof-of-stake blockchain protocol Algorand will implement a smart contract that will automate the offsetting of the network’s carbon emissions. In a recent announcement, Algorand revealed that a new smart contract would take a portion of each transaction fee within its blockchain network and…
” Algorand founder Silvio Micali wants to usher in the democratization of finance “ Cointelegraph’s Joseph Hall sat down with Silvio Micali, the founder of Algorand, as part of its on-the-ground coverage of the Paris Blockchain Week Summit, or PBWS. Algorand is a blockchain that uses a Pure proof-of-stake (PPoS) protocol, and the company was one…
” Exodus crypto wallet starts trading on SEC-registered platform “ Major software cryptocurrency wallet Exodus has gone public on the digital asset securities firm Securitize Markets following a $75 million crowdfund capital raise. Exodus’ shares started trading on Securitize on Wednesday, allowing investors from all across the United States and international investors from more than…
“# Spanish LGBT token responds to critics, says it expects listings soon ” Spanish LGBT-related token MariCoin (MCOIN) has responded to the community following skepticism around the project’s concept and goals. Some had even criticized the project for its name, which played on a homophobic slur in Spanish. But according to key people in the…
“# New LGBT token aims for equity but raises red flags with community ” The cryptocurrency community has raised concerns about Maricoin, a new token supposedly related to the LGBT+ community, with some people even suspecting the project to be a scam. Launched in December 2021, Maricoin promises to enable a “social, ethical, transparent and…