Category: Algorand

SkyBridge raises $100M for Algorand fund and files for crypto company ETF

September 16, 2021

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Anthony Scaramucci revealed that SkyBridge currently holds $700 million worth of cryptocurrency. 3533 Total views 87 Total shares Alternative investment firm SkyBridge capital hopes to expand its crypto offerings, filing for a crypto-focused exchange-traded fund (ETF) on Tuesday and revealing plans for an Algorand fund at this week’s SALT conference in New York. Speaking to […]

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$300M incentive program backs 100% rally in Harmony (ONE) price

September 12, 2021

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ONE price gained more than 100% after announcing plans to launch a $300 million ecosystem development fund. 8532 Total views 71 Total shares Protocol and community development initiatives have become the latest trend in the cryptocurrency market after a number of projects have launched multi-million dollar funds aimed at enticing builders and investors to make […]

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Top 5 cryptocurrencies to watch this week: BTC, ALGO, ATOM, XTZ, EGLD

September 12, 2021

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Bitcoin (BTC) is witnessing a tough tussle between the bulls and the bears near the 200-day simple moving average, which is considered as an important level by institutional investors attempting to decide whether the asset is bullish or bearish. Along with this, crypto investors are also watching the formation of a golden cross in Bitcoin. […]

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New fund aims to put hundreds of millions toward Algorand DeFi growth

September 10, 2021

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Different decentralized finance solutions building on the Algorand blockchain could receive a chunk of a new $300 million fund. 6099 Total views 27 Total shares Decentralized finance, or DeFi, has developed significantly over the past two years. The Algorand Foundation has unveiled a new fund positioned to allocate money toward certain DeFi projects looking to […]

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Here’s why Algorand’s price just rallied to a new multi-year high

September 10, 2021

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Institutional investment, new governance features and a groundbreaking project with the government of El Salvador are just a few of the factors behind ALGO’s rally to a new all-time high. 14455 Total views 49 Total shares Real-world adoption is what really matters when it comes to being a successful blockchain project and one project that […]

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Top 5 cryptocurrencies to watch this week: BTC, AAVE, KSM, ALGO, TFUEL

June 13, 2021

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Bitcoin’s (BTC) price continues to be range-bound between $30,000 and $40,000 level for the past few days, which is not necessarily a bearish sign. Generally, after a sharp fall, the price tends to consolidate as the asset transfers from weaker hands to stronger hands. After the transition is complete, the asset breaks out and starts […]

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Vesta Equity and Algorand breathe new life into real etate tokenization

April 8, 2021

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Vesta’s new platform gives homeowners the ability to convert equity into digital assets that can then be sold to accredited investors without compounding interest. 1584 Total views 14 Total shares Global equity marketplace Vesta Equity has chosen the Algorand blockchain to launch its new real estate tokenization services, disrupting a decades-old industry and opening up […]

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Nifty News: Italian copyright agency mints 4M NFTs, breast cancer LINK found, and more

March 25, 2021

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Algorand helps secure almost 100,000 authors’ copyrights, NFTs raise breast cancer awareness, the New York Times gets in on the action, and more. 7236 Total views 25 Total shares Italian copyright collecting agency Società Italiana degli Autori ed Editori, SIAE, has minted more than four million NFTs on the Algorand blockchain to digitally represent the […]

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Ethereum fees are skyrocketing — But traders have alternatives

March 6, 2021

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With the rapid growth of decentralized finance, upcoming scaling developments on Ethereum 2.0, and increased crypto allocation in the portfolios of institutions, the price of Ether (ETH) is rapidly ascending. In fact, we’ve already seen ETH break the $2,000 barrier for the first time, marking a brand-new all-time high. All this action may be bullish […]

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Algorand names 11 blockchain startups for its first accelerator program

February 2, 2021

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The Algorand Foundation introduced its Europe Accelerator program in October 2020. Now, 11 startups have been selected as part of the inaugural cohort. 5206 Total views 30 Total shares The Algorand Foundation, the research body behind smart contract protocol Algorand, has selected 11 startups for its inaugural accelerator program, a move that could enhance innovation […]

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