Cryptocurrency News
Yesterday, DWF Labs transferred 2 million ALGO tokens, worth approximately $1.17 million, to Binance. This move is part of an ongoing trend, as DWF Labs has received 175 million ALGOs over the past nine months from the Algorand Foundation’s market operations address. These tokens are believed to be used for […]
After taking a short break, Algo resumed buying pressure this week and broke out of a major resistance level to a new high. While it appeared highly bullish daily, we may see a small pullback before rallying hard. This month saw Algo through its highest buying volatile period since it […]
With cryptocurrency markets experiencing intermittent bearish momentum, some coins show bullish signs. Today’s biggest gainer on Crypto.com is Algorand, up a modest 8% in the past 24 hours. What is Algorand, and why did the price rise today? Let’s find out. What Is Algorand? Algorand is a blockchain-based platform for […]
Introduction to Algorand Algorand is building a pure proof-of-stake blockchain designed to power worldwide frictionless finance. Launched by award-winning Silvio Micali, Algorand is playing its part in changing the worldwide financial landscape by fixing many of blockchain’s most pressing issues. To put this into perspective, the Algorand blockchain is able […]