{
Algorand USD

Companies

}
algorand price decline raises concerns despite increase in active addresses
Algorand's price has plummeted over 20% to $0.371, following a peak of $0.613 earlier this month, amid rising sales pressure and declining profitability. Despite this bearish trend, active addresses surged from 104,000 to 190,000 in 24 hours, indicating potential liquidation or speculative trading. Additionally, the Total Value Locked in Algorand's DeFi ecosystem has dropped significantly from $245 million to $165 million, further contributing to the negative market sentiment.
Crypto News Flash
Algorand USD
Finance & Economy, Market Report
07:57 22.12.2024
algorand price drop triggers increased trading activity and declining profitability
Algorand's price has plummeted over 20% to $0.371 after reaching a multi-year high of $0.613 earlier this month, amid rising selling pressure and declining profitability, which has dropped to 16%. Despite this bearish trend, active addresses surged from 104,000 to 190,000, indicating potential liquidation or speculative trading. Additionally, the Total Value Locked in Algorand's DeFi ecosystem fell from $245 million to $165 million, further contributing to negative market sentiment.
Crypto News Flash
Algorand USD
Finance & Economy, Market Report
09:26 21.12.2024
Tether strengthens European stablecoin market ahead of MiCA regulations
Tether is solidifying its position in Europe's stablecoin market, moving an average of $40 million daily to exchanges as the MiCA regulations approach. Despite Coinbase's delisting of USDT for European users, other major exchanges continue to support it. Tether's investment in StablR, a compliant stablecoin issuer, highlights its commitment to regulatory adaptation and innovation, with StablR's MiCA-compliant stablecoins enhancing liquidity and accessibility in the growing European market.
TronWeekly
Euro United States Dollar Coinbase Global, Inc. Crypto.com Staked ETH USD Algorand USD Kraken Energy Corp. Tether USDt CNY Paolo Ardoino Show more
Finance & Economy, Market Report
12:00 18.12.2024
us cryptocurrencies to be tax exempt under trump administration initiative
At the Bitcoin MENA 2024 Conference, Eric Trump announced that U.S.-issued cryptocurrencies, including XRP, ADA, ALGO, and HBAR, will be exempt from taxation under his father's administration. This initiative aims to position the U.S. as a global crypto hub, contrasting with Italy's high capital gains tax on Bitcoin. The proposal is expected to attract non-U.S. crypto projects and potentially boost the market, although experts warn of possible volatility.
Crypto News Flash
Algorand USD Hedera Hashgraph LLC ITA USA Donald Trump Eric Trump Shawn Levy Show more
Finance & Economy, Press Release
09:32 13.12.2024
quintes protocol launches worlds first non depreciating cryptocurrency asset
Quintes Protocol, founded by Saudi entrepreneur Rand Al Kharashi, is set to launch in January 2025, introducing the world’s first non-depreciating digital asset, QNT, backed by a WIPO Patent Cooperation Treaty. This innovative DeFi platform promises predictable and sustainable price growth, challenging traditional financial systems with its unique cryptonomics and over-collateralization strategy. Supported by elite researchers and engineers, Quintes aims to redefine the cryptocurrency market and ensure long-term value stability.
ChainBits
Algorand USD Morgan Stanley ARE SAU
Cryptocurrency News, Press Release
10:07 12.12.2024
quintes protocol launches worlds first non depreciating cryptocurrency asset
Quintes Protocol, founded by Saudi entrepreneur Rand Al Kharashi, has secured a WIPO Patent Cooperation Treaty for its innovative QNT token, designed to ensure perpetual asset growth and stability in the DeFi space. Set to launch in January 2025, this groundbreaking protocol aims to redefine digital asset value through advanced cryptonomics and over-collateralization strategies, backed by extensive research from Kitabq Research Lab. The initiative promises to challenge traditional financial systems by offering a sustainable alternative to existing cryptocurrencies.
The Cryptonomist
Algorand USD Morgan Stanley ARE DEU
Cryptocurrency News, Press Release
10:04 12.12.2024
quintes protocol launches worlds first non depreciating cryptocurrency asset
Quintes Protocol, founded by Saudi entrepreneur Rand Al Kharashi, has secured a WIPO Patent Cooperation Treaty for its innovative QNT token, designed to ensure perpetual asset appreciation in the DeFi space. Backed by extensive research from Kitabq Research Lab and a team of elite engineers, Quintes aims to redefine digital asset growth with a launch scheduled for January 2025. The protocol's unique approach promises sustainable value stability, challenging traditional financial systems and addressing the volatility of existing cryptocurrencies.
cryptodaily.co.uk
Algorand USD Morgan Stanley ARE
Cryptocurrency News, Press Release
10:02 12.12.2024
the evolving landscape of digital finance and the rise of cryptocurrencies
Cryptocurrencies are evolving beyond Bitcoin and Ethereum, ushering in a transformative era with innovations like programmable economies and decentralized finance (DeFi). As eco-friendly coins gain traction and stablecoins bridge traditional finance with crypto, the market is set for substantial growth by 2025, despite inherent volatility and regulatory challenges. Investors must navigate this dynamic landscape, balancing opportunities with risks while staying informed on the latest developments.
Bitcoin Perfect
Algorand USD Cardano USD
Finance & Economy, Market Report
12:47 09.12.2024
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