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ALGOUSD

Algorand / US Dollar

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digital currency

Cryptocurrency Algorand / US Dollar

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The article discusses the benefits and risks of staking and restaking cryptocurrencies for high yields. It highlights that staking involves locking up cryptocurrency to earn interest, while restaking allows staking the same tokens on multiple blockchains for potentially higher returns. The article mentions several cryptocurrencies and platforms involved in staking and restaking, including Kelp DAO, Algorand, Polkadot, and EigenLayer.

Portfolio Pulse from Kenneth Rapoza

June 24, 2024 | 5:02 pm

Bitcoin and Ethereum experienced losses, with Bitcoin falling below the $64,000 mark and Ethereum trading below $3,200. The global crypto market cap declined by 4.3% to $2.36 trillion. U.S. economic data showed a decrease in jobless claims and a slowdown in GDP growth. Theta Fuel was the top gainer, while Nervos Network was the biggest loser among cryptocurrencies.

Portfolio Pulse from Avi Kapoor

April 25, 2024 | 1:35 pm

Cryptocurrency market sees gains with Ethereum surpassing $3,200 and Bitcoin trading above $66,000. Hedera emerges as the top gainer with a 46.3% increase, while Akash Network records the biggest loss at 19.6%. The global crypto market cap rose to $2.46 trillion, marking a 1% increase over 24 hours.

Portfolio Pulse from Avi Kapoor

April 24, 2024 | 2:04 pm

Bitcoin surpasses $70,000 after GDP and jobless claims data release, with the global crypto market cap increasing by 0.4% to $2.66 trillion. Ethereum falls below $3,600, while GateToken leads as the top gainer and Internet Computer as the biggest loser among cryptocurrencies.

Portfolio Pulse from Avi Kapoor

March 28, 2024 | 2:14 pm

Algorand (CRYPTO: ALGO) has seen a price decrease of 3.4% in the last 24 hours, now at $0.22, despite a 7.0% increase over the past week. The trading volume rose by 7.0%, and the circulating supply increased by 0.33% to 8.00 billion coins. Algorand's market cap is currently ranked #50, valued at $1.78 billion.

Portfolio Pulse from Benzinga Insights

December 28, 2023 | 3:02 pm

Ethereum (ETH) rose above $2,300 following the release of U.S. core PCE data showing a slight increase of 0.1% from the previous month. Optimism (OP) emerged as the top gainer with a 24.6% increase, while Sei (SEI) was the biggest loser, dropping 14.6%. The global crypto market cap increased by 0.8% to $1.66 trillion, with Bitcoin (BTC) trading slightly lower at $43,739. Other notable gainers include Oasis Network (ROSE), Arbitrum (ARB), Algorand (ALGO), and Pepe (PEPE), while Helium (HNT), SATS, Stacks (STX), and Beam (BEAM) were among the losers.

Portfolio Pulse from Avi Kapoor

December 22, 2023 | 2:32 pm

Cryptocurrencies surged after jobless claims data indicated a cooling economy. Bitcoin, Ethereum, and Dogecoin saw gains, with Bitcoin expected to reach $51K pre-ETF. U.S. GDP growth slowed to 4.9% in Q3. El Salvador passed a law for instant citizenship via Bitcoin donations. The global crypto market cap increased by 2.14%. U.S. stocks rebounded, with the Nasdaq and S&P 500 posting gains. Analysts predict a Bitcoin peak in January and a potential Ethereum rally to $3,500. Santiment warns of high Bitcoin supply in profit, suggesting caution, while highlighting $MATIC and $LTC as safer opportunities.

Portfolio Pulse from Mehab Qureshi

December 22, 2023 | 2:59 am

Algorand's cryptocurrency (ALGO) has seen a 7.75% price increase over the past 24 hours, reaching $0.22. Over the past week, ALGO has gained 1.0%, moving from $0.21. Despite the recent gains, it is still far from its all-time high of $3.56. Trading volume has decreased by 27.0% over the past week, while the circulating supply has slightly increased. Algorand's market cap is currently ranked #46, valued at $1.73 billion.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 7:02 pm

Anthony Scaramucci, founder of SkyBridge Capital, predicts significant price increases for Bitcoin, Ethereum, and Algorand. He attributes Bitcoin's potential rise to the post-halving cycle and possible interest rate relief. Despite not being as familiar with Ethereum, he sees its technological improvements and increasing utility as reasons for a price increase. He also sees potential for Algorand's growth as it continues to develop and gain corporate adoption.

Portfolio Pulse from Murtuza Merchant

October 18, 2023 | 3:53 pm

Matt Keller, Head of Social Impact for the Algorand Foundation, will be speaking at Benzinga's Future of Digital Assets conference on Nov. 14. Keller is known for driving social transformation through technology, specifically leveraging the Algorand blockchain. His work focuses on financial inclusion, social impact, and environmental sustainability. The conference session will discuss emerging trends, innovative applications, and potential upheavals to traditional centralized models in the realm of the decentralized web.

Portfolio Pulse from Murtuza Merchant

October 12, 2023 | 12:44 pm

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