CoinShares launches staked Algorand ETP on Deutsche Boerse Xetra
The new Algorand ETP joins a family of CoinShares’s staked ETPs featuring cryptocurrencies DOT, XTZ, ADA, SOL, ATOM and MATIC. Go to Source Powered by WPeMatico
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Layer-1 blockchains: How crypto winter could slow the challenge to Ethereum
A Chainalysis report analyzes the layer-1 blockchain ecosystem, questioning if alternative L1s will continue to challenge Ethereum this crypto winter. Go to Source Powered by WPeMatico
Biggest Movers: AVAX, ALGO Among Crypto Losers as U.S. Inflation Hits 40-Year High
AVAX and ALGO both fell by nearly 10% on Friday, following the release of the latest inflation figures in the United States. Data showed that inflation is currently at 8.6%, which is close to a 40-year high. Both AVAX and ALGO moved close to one-week lows on the news. Avalanche (AVAX) AVAX moved close to … Read more
So-Called ‘Pharma Bro’ Martin Shkreli Turns ‘Crypto Bro’ — ‘I Started Using Uniswap in Prison’
Following his release from prison, the former hedge fund manager and convicted felon, Martin Shkreli, discussed cryptocurrencies and using the decentralized exchange (dex) platform Uniswap from a federal penitentiary. The so-called ‘Pharma Bro’ further explained that eventually, a crypto entity could dethrone some of the largest banking giants. Martin Shkreli Talks Defi and Cryptocurrencies Martin … Read more
Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report
The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally, the company Tether has also released an assurance report on its stablecoin reserves via the Cayman Islands auditing company MHA Cayman. Circle CEO Says Firm’s … Read more
Top 5 cryptocurrencies to watch this week: BTC, ALGO, XMR, XTZ, THETA
Bitcoin has reached a critical support zone and if there is a bounce from this level ALGO, XMR, XTZ and THETA could move higher in the short-term. Go to Source Powered by WPeMatico
Markets are weak, but ALGO, FXS and HNT book a 20%+ rally — Here’s why
Algorand, Frax Share and Helium staged brief double-digit rallies in an otherwise stagnant market, thanks to a major partnership and new project developments. Go to Source Powered by WPeMatico
ALGO price in danger of 25% correction despite Algorand–FIFA partnership hype
ALGO price struggles to clear technical resistance despite the ongoing Algorand-FIFA partnership hype. Go to Source Powered by WPeMatico
Algorand becomes first US blockchain sponsor of FIFA World Cup
The proof-of-stake blockchain will assist FIFA in developing a “digital assets’ strategy” along with providing an official “wallet solution”. Go to Source Powered by WPeMatico
Algorand founder Silvio Micali wants to usher in the democratization of finance
Cointelegraph conducted an exclusive interview with Silvio Micali at the Paris Blockchain Week Summit. Go to Source Powered by WPeMatico