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Algorand Gets a Buying Rally; Will ALGO Rally Continue?


Algorand was developed in the year 2017 by a team led by Silvio McCauley, a computer scientist specialized in crypto. The Algorand project is a blockchain much similar to ETH, but with faster transactions and a strong focus on achieving near-instant completion. ALGO can process up to 1000...

El Salvador Buys 500 Bitcoins Amid Crypto Bloodbath


El Salvador has bought the bitcoin dip. Amid a heavy crypto market sell-off, the Salvadoran president announced that his country has purchased 500 more bitcoins. Since El Salvador adopted the cryptocurrency as legal tender, the Salvadoran government has purchased 2,301 bitcoins altogether....

Biggest Movers: LUNA Falls to 6-Week Low, as ALGO Surges 15% on Saturday


Despite Terra buying $1.5 billion worth of BTC this week, LUNA slipped to a six-week low to start the weekend. Overall, crypto markets remained in the red, however ALGO was one of the rare exceptions to record significant gains. Algorand (ALGO) ALGO was easily one of the biggest gainers during...

Bitcoin Extends Sell-Off Despite Luna Buying, Strong On-Chain Data


  Bitcoin (BTC) and other major cryptoassets fell sharply over the past day, as stock markets around the world reversed earlier gains to losses after the US Federal Reserve (Fed) raised rates by 50 basis points. The sharp fall came despite massive bitcoin buying by Luna Foundation Guard...

Swiss National Bank: ‘Buying Bitcoin Is Not a Problem for Us’


Switzerland’s central bank, the Swiss National Bank, says buying and holding bitcoin as a reserve currency is not a problem for the bank. “We can arrange the technical and operative conditions relatively quickly, when we are convinced we must have bitcoin in our balance sheet,”...

Elon Musk Buying Twitter Sucks, But Marginalized Game Devs Aren't Leaving


Yesterday, Elon Musk bought Twitter for $44 billion dollars, and a lot of people in the video game industry are unhappy about it. Some are making Mastodon accounts, others are making jokes, while others are voicing their concerns about the Tesla founder taking over the platform. However, a sizable...

88% of Surveyed High-Net-Worth Art Collectors Interested in Buying NFTs


  A whopping 88% of high-net-worth (HNW) traditional art collectors say they are interested in buying digital art in the form of NFTs, a new report on the art market for 2022 has found. According to The Art Market 2022 report, which is published jointly by the annual art exhibition Art Basel...

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