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0.00000419 BTC
Market Cap (Rank#47)
30,410 BTC
Vol 24h
2,684 BTC
Circulating Supply
Max Supply
1 day ago cryptodaily
Robinhood Delists Solana, Cardano, and Polygon
Trading app Robinhood will remove Solana, Cardano and Polygon from its platform come June 27. The move comes after the SEC alleged that several crypto tokens are unregistered securities. Robinhood Markets Inc. announced today that it would end support for Solana (SOL), Cardano (ADA), and Polygon (MATIC) as of June 27. No Other Coins Will Be Affected The trading app informed users they would no longer be able to trade the tokens on its platform just days after the SEC labelled several popular cryptocurrencies unregistered securities. The regulator made the allegations in a lawsuit against crypto exchange Binance and its CEO, Changpeng Zhao. The lawsuit names Cardano, Polygon, Solana, Cosmos Hub (ATOM), Filecoin (FIL), Decentraland (MANA), Algorand (ALGO), The Sandbox (SAND), Coti (COTI), and Axie Infinity (AXS). The suit also identified the BUSD and BNB stablecoins as securities. Robinhood limited its delisting to SOL, ADA, and MATIC and said to users that no other coins would be affected and would remain safe on its platform. It had been reported that the trading app would review its cryptocurrency offerings. On Tuesday, the company’s chief legal officer, Dan Gallagher, told Congress that it is “actively reviewing” the SEC’s analysis “to determine what if any, action to take.” Gallagher, a former SEC commissioner, testified before the House Agriculture Committee during a meeting on digital assets. SEC Sparkes Chaos in the Crypto Market The securities agency filed lawsuits against two of the largest cryptocurrency exchanges – Binance and Coinbase. According to the SEC, Binance mishandled customer funds and deceived investors and regulators about its operations. It further alleged that both Zhao and the exchange failed to restrict US customers from its platform and charged Binance with operating as an unregistered securities exchange. The agency filed suit against Binance’s rival platform, Coinbase, accusing the exchange of acting as an unregistered broker, exchange, and clearinghouse. The SEC charged Coinbase for “the unregistered offer and sale of securities in connection with its staking-as-a-service program.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day ago cryptodaily
Top-5 AI Coins That Might Change Investors' Financial Lives Forever!
The intersection of artificial intelligence (AI) and cryptocurrency has opened up exciting possibilities for investors. As AI continues to revolutionize various industries, AI-focused cryptocurrencies have emerged as potential game-changers. In this article, we will explore five AI coins that have the potential to transform investors' financial lives. 1. (FET): aims to create a decentralized network that enables machines to exchange data, services, and value autonomously. By combining AI, blockchain, and multi-agent systems, facilitates the development of intelligent decentralized applications (DApps). With its focus on autonomous machine-to-machine communication and economic transactions, presents a compelling investment opportunity in AI. 2. InQubeta (QUBE): InQubeta combines the power of AI and blockchain to create a unique ecosystem for AI startups and investors. With its NFT marketplace and crowdfunding platform, InQubeta enables investors to back and invest in promising AI projects. By leveraging QUBE tokens, investors can participate in the success of AI startups and benefit from their growth. InQubeta's focus on AI and its innovative approach to crowdfunding makes it an intriguing investment opportunity in the AI coins space. InQubeta is also currently in its presale, with the project raising more than $300,000 within a few weeks of launch. Interested participants can purchase the token using popular tokens like Ethereum, Bitcoin and USDT on the presale portal. In addition, the minimum presale amount is pegged at $50, making it accessible to all types of investors. Visit InQubeta Presale 3. SingularityNet (AGI): SingularityNet envisions a global AI marketplace where developers, businesses, and individuals can access and exchange AI services. By leveraging blockchain technology, SingularityNet aims to create a decentralized network that democratizes access to AI. With its AI-as-a-Service platform, SingularityNet enables developers to monetize their AI algorithms and allows users to benefit from diverse AI capabilities. 4. Injective Protocol (INJ): Injective Protocol is a decentralized exchange (DEX) that enables the trading of synthetic assets, including AI-related financial products. By leveraging layer-2 technology, Injective Protocol offers fast and secure trading with near-zero gas fees. As the demand for AI-related financial instruments grows, Injective Protocol provides a unique investment opportunity in the AI coins market. 5. The Graph (GRT): The Graph is an indexing protocol that allows developers to efficiently access blockchain data. By providing APIs and a query language, The Graph simplifies the process of extracting and utilizing blockchain data for building decentralized applications. With the increasing adoption of blockchain technology and the need for efficient data processing, The Graph has the potential to become a critical infrastructure in the AI and blockchain ecosystem. Visit InQubeta Presale Bottom Line In conclusion, the emergence of AI-focused cryptocurrencies has opened up new avenues for investors., SingularityNet, Injective Protocol, The Graph, and InQubeta are five AI coins that hold the potential to revolutionize the AI industry and change investors' financial lives forever. Investing in these AI coins comes with both potential rewards and risks. It is crucial for investors to conduct thorough research, assess the fundamentals of each project, and evaluate market trends before making investment decisions. Additionally, staying updated with the latest developments and news in the AI and cryptocurrency sectors is essential to make informed investment choices. Visit InQubeta Presale Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
2 days ago cryptodaily
Did SEC Gensler ask Binance for advisor job in 2019?
It is being alleged by Binance lawyers that Gary Gensler, current chairman of the SEC, offered his services to Binance as an advisor back in March 2019. Gensler and Binance With Gary Gensler causing panic and mayhem in the crypto markets as he serves Binance and Coinbase with notice to sue them for alleged misdemeanours such as listing securities and failing to register with the SEC, it comes as quite some surprise to learn that he may have offered his services as an advisor to Binance four years earlier. It was reported by CNBC that Gensler had a series of conversations with Binance officials and CEO Changpeng Zhao himself in March of that year. It was alleged by Binance lawyers that Gensler was perfectly happy with discussing the role of an informal advisor for the crypto exchange. Gensler lauds Algorand This was at a time when Gensler was teaching a blockchain course as a professor at MIT. Gensler appeared to be quite unperturbed with the crypto industry back then, and is on record as saying that most cryptocurrencies are not securities and lauded the technology of Algorand and its founder Silvio Micali, calling it “great technology”. Four years later, Gensler, now the chairman of the SEC, includes $ALGO, the native token of Algorand, as one of several “securities” that both Binance and Coinbase list on their exchanges. Given the alleged ties between Gensler, Zhao, and Binance, lawyers acting for Binance say that “they’d asked for his recusal from any actions regarding the company. They say they got no acknowledgement from SEC staff.” A 180 degree change of mind Gensler’s about face on crypto obviously happened once he landed the job as SEC chairman, and it does appear a little odd that he would have such a complete change of mind on the sector. It probably can’t be argued that Gensler was a novice in financial affairs when he was said to be having discussions with Binance. By that time he had spent 18 years at Goldman Sachs as Head of Finance, had served as Assistant Secretary for Financial Markets for the US Treasury, and had completed a stint as Chairman of the CFTC. When Gensler levied all of the highly public enforcement actions against some of the most compliant companies in the crypto space, such as Kraken, Paxos, and Coinbase, he must have been fully aware of the consequences of such actions for the crypto market and for all the retail investors in these markets. Tasked with bringing crypto down? The actions of the SEC chairman do appear to be designed to cause the maximum turbulence and damage to the crypto industry and must have caused investors to lose some part of their invested funds. Has Gensler been tasked with destroying the crypto industry in the US? Is this the plan of the Biden Administration? With the crypto industry perhaps being seen as a threat to the US banking system, this might well be a plausible assumption. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
3 days ago cryptodaily
XRP and Solana are two bluechips showing bullish price movement, can Tradecurve challenge them?
Despite the recent lawsuit against Binance that accuses them of selling unregistered securities, XRP remains unnamed, and pro-crypto lawyers are still anticipating a win in the SEC vs Ripple. Solana&rsquo;s charts show bullish potential, although SOL is one of the coins that may be affected by the SEC. Tradecurve, currently in presale, recognises the growing problems of regulation in the US and offers a solution for traders around the world. >>BUY TCRV TOKENS NOW<< Ripple lawyers remain confident of a win The crypto market reels from the latest Binance lawsuit from the SEC, that could see coins such as SOL, ADA, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI as securities. However Ripple is notably absent from the lawsuit, adding strength to Ripple lawyer John Deaton&rsquo;s argument that XRP will not be declared a security. Deaton now anticipates that the case will come to a close around the end of September. He expects either an outright win, or the potential that a cut off line will be drawn that allows Ripple to officially not be a security. He also predicted a potential price for the XRP token assuming that the outcome is favorable, saying that &ldquo;I certainly believe that somewhere between $2 and $10 is reasonable&rdquo;. Solana is named in the SEC vs Binance lawsuit. Although Solana has been demonstrating bullish potential from a technical analysis point of view, the recent Binance lawsuit names Solana&rsquo;s coin SOL in the lawsuit, as an unregistered security. This isn&rsquo;t the first lawsuit that Binance have faced, and similarly to the XRP vs Ripple case, the judgment could go either way. Still it&rsquo;s not great news for the layer 1 chain, and Solana&rsquo;s price has fallen by 7% over the last 24 hours, currently trading at around $20 per coin. Solana and the other tokens and coins named in the lawsuit, may take comfort in the words of John Deaton, who believes that it may be possible for future redemption even if they do get named as securities. This is because once cryptocurrencies like Solana achieve a significant level of decentralization, there is a possibility that they could transition from being classified as securities to being recognized as commodities. Is Tradecurve the answer to regulatory woes? As the US continues to pursue aggressive anti crypto regulations, in what Nic Carter sees as a concerted effort to de-platform crypto from the banking system, the need for regulation free platforms increases. This could be where Tradecurve gets its chance to shine, offering a borderless and KYC trading platform that combines the financial products of TradFi, including commodities, stocks and bonds, and of course, crypto. Tradecurve are based in St Vincent and Kitts where offering these products are legal. Tradecurve follows Binance and other exchanges such as Gemini, who are increasingly looking to move their operations outside of the US. Tradecurve&rsquo;s token is TCRV, and is currently in stage 3 of presale. TCRV is changing hands at $0.015 and will launch at a minimum price of $0.088. Experts are predicting a rise as big as 1000x once it is listed on Uniswap and tier 1 CEXes. Learn more about TCRV and the future of the project here: Click Here For Website Click Here To Buy TCRV Presale Tokens Follow Us Twitter Join Our Community on Telegram Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
3 days ago cryptodaily
Bitget Unveils new AI-Powered Strategy for Crypto Traders
Bitget, a leading platform for crypto derivatives and copy trading, has introduced an impressive addition to its arsenal of investment strategies: the Martingale AI. Bitget's Martingale trading strategy, enables traders to capitalise on its remarkable potential. The Martingale strategy is one where investment amounts are increased following a market downturn, with the goal of not only recovering losses but of making more profits. By looking into the historical data and analysing market trends over time, the strategy provides investors with a comprehensive overview of market behaviour, allowing them to fine-tune their trading and allocate their capital more efficiently. Thanks to Martingale AI, traders can now delve into automated trading by setting their desired risk appetite and investment frequency based on parameters recommended by Bitget's proprietary AI system. These parameters are carefully calculated using Bitget's sophisticated algorithms, which take into account historical market prices and asset fluctuations. As a result, traders can rely on these dependable investment references to make informed decisions and navigate the crypto market with more confidence. Bitget&rsquo;s Martingale strategy caters to both novice and experienced traders alike. By embracing this innovative approach, traders can engage in two-way trading, seamlessly adapting to both bullish and bearish market conditions. Whether they aim to seize opportunities by going long or short, buying the dip, or capturing market callbacks, the Martingale strategy on Bitget offers a wealth of possibilities. Moreover, traders have the freedom to customise and control their risk levels by adjusting various parameters, such as profit targets and the multiples of additional positions. This flexibility empowers traders to align the strategy with their unique trading preferences and risk appetites. For those new to the crypto world, Bitget provides a friendly learning curve by offering a range of Martingale strategies with lower thresholds. Gracy Chen, MD of Bitget had the following to say about the Martingale AI launch: "As a platform driven by innovation, we have launched the Martingale AI trading strategy. With this, we seek to highlight how much we delight in empowering our users to stay as productive as they can in line with their investment goals. AI is changing the narrative and pushing the boundaries of what is possible, and as such, we are going all out in integrating the technology into our everyday operations. With the help of AI technology, Bitget is committed to simplifying complicated trading strategies as we seek to drive deeper adoption of cryptocurrencies. With AI gradually gaining steam across industries, we are further committed to deploying advanced solutions powered by this technology - in line with our global growth strategies and a defined push beyond the derivative trading strategy". Thanks to the AI-powered system, novice traders can explore conservative, balanced, and aggressive approaches, each tailored to suit their risk tolerance. This thoughtful division ensures that everyone, regardless of their experience level, can participate in the world of crypto trading. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
4 days ago cryptodaily
Walbi AI-Powered Platform to Launch MVP, Enhance Decision-Making for Crypto Traders
Whether it's crypto, stocks, or forex, the cold hard truth is that most traders lose. An analysis of eToro trades revealed that nearly 80% of the platform's active users were unprofitable over the course of a year, with a 36.3% median loss. Another study found that 97% of futures traders in Brazil lost money over 300 days. Only 5% of Taiwanese day traders were profitable between 1992 and 2006. When the stakes are high, human error becomes costly. This is the case with trading, where trader decisions are often tainted with split-second decisions, panic-based actions, and a sunk cost fallacy mentality. This is likely why the stock market is increasingly run by machines and algorithms. Artificial intelligence has proved capable of tackling this challenge, and one company called Walbi has already designed an AI solution to assist crypto traders. Tapping Into the Power of AI Recent breakthroughs in generative AI have created tremendous hype around artificial intelligence tools. The technology has proven effective in tasks thought to be impossible for an algorithm, like content creation and art generation. Now, AI technology is increasingly prolific in the financial industry. While robo-advisor AUM is expected to reach $2.02 trillion by 2027, startups are leveraging AI to enhance crypto trader performance. AI offers the advantage of processing data much faster than a human. Where a human has to spend hours or days understanding trends and making decisions based on them, an AI can recognize patterns in seconds and offer advice to the trader. It can analyze the market in real-time and catch sudden shifts, fraud, and malicious activity, and even make low-level trading decisions. This allows traders with AI assistance to make quick and confident trading decisions, which in the trading world is incredibly important. Walbi is currently building a crypto trading platform that offers all these benefits, and the project is expected to achieve a significant milestone with the launch of its minimum viable product (MVP) in June 2023. Walbi's AI-Driven Crypto Trading Solution Walbi is a next-gen hybrid decentralized finance (DeFi) platform consisting of a crypto exchange, non-custodial Web3 wallet, and AI tool suite to supercharge trader decision-making. The project has multiple flagship solutions that aim to fulfill Walbi&rsquo;s mission to make the blockchain industry simpler and more intuitive for everyone. The first one is the Walbi Exchange, a crypto exchange offering up to 500 times more leverage for futures traders without a mandatory KYC. Besides managing liquidity, Walbi's AI tools optimize the order book by predicting demand for digital assets and automatically detecting wash trading, spoofing, and other malicious activity. Besides Walbi Exchange, the project will offer: Walbi Lighthouse: An AI-based trading assistant that does research on behalf of traders and assists them with real-time financial data analysis and personalized trading advice. Lighthouse helps traders make more confident and well-informed decisions while minimizing the risks of human error Walbi Earn: Allows users to stake their crypto assets on Walbi to earn interest without any locking periods and with weekly payouts Walbi Cloud Miner: A cloud mining solution enabling users to mine BTC without purchasing or operating expensive equipment Walbi Wallet: A decentralized, non-custodial Web3 wallet offering users full control over their funds Walbi's Upcoming MVP Launch Walbi is currently in closed alpha but will soon launch its MVP. This release will expand the project's ecosystem with several features and functions, including: WalletConnect integration digital asset deposits and withdrawals margin trading AI-driven trading insights via Walbi Lighthouse the Walbi Waves invite system Besides the features listed above, Walbi's roadmap includes numerous future feature releases. During Q3-Q4 2023, the platform plans to launch WalletConnect integration and margin trading, NFTs, Walbi Lighthouse, and token swaps. Walbi Waves and Cloud Mining, Walbi Exchange, Walbi Earn and portfolio tools, and Walbi Wallet will become accessible to platform users throughout 2024. Crypto Trading, Supercharged Artificial intelligence models are poised to be an unprecedented improvement to trader performance which has long struggled with unprofitable strategies and approaches. Walbi is arriving soon and will be one of the first to leverage the power of AI to make trading faster, easier, and safer. With the assistance of AI tools, the project enables crypto traders to make data-driven decisions, potentially increasing their long-term profitability. Want to learn more about Walbi? Check out the project's blog and subscribe to its Telegram and Twitter channels. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
4 days ago cryptodaily
SEC Calls Solana, Cardano, Polygon Securities In Binance Lawsuit
The United States Securities and Exchange Commission (SEC) has alleged that popular cryptocurrencies such as Cardano (ADA), Polygon (MATIC), and Solana (SOL) are unregistered securities. The regulator made the allegation in a lawsuit against Binance and its CEO, Changpeng Zhao. Prominent Cryptocurrencies Classified As Securities The lawsuit names an extensive list of cryptocurrencies apart from Cardano (ADA), Polygon (MATIC), and Solana (SOL). The three rank among the largest and most prominent cryptocurrencies in the market. The other cryptocurrencies mentioned include Cosmos Hub (ATOM), Filecoin (FIL), Decentraland (MANA), Algorand (ALGO), The Sandbox (SAND), Coti ( COTI), and Axie Infinity (AXS). The lawsuit has also identified the BUSD and BNB stablecoins as securities, further compounding the seriousness of the situation. Furthermore, the SEC lawsuit also alleges that Binance has listed crypto assets that have previously been the subject of enforcement action by the SEC. These include several assets, such as TRX, UST, AMP, and REP. This, according to the Securities and Exchange Commission, indicates a reckless disregard for securities regulations by Binance and its executives. However, the lawsuit does not mention Litecoin (LTC) or Ethereum (ETH). Additionally, Securities and Exchange Commission Chair Gary Gensler has clarified that the SEC views Bitcoin as a commodity. However, he has suggested that a vast majority of other tokens in the market are securities. Token Value Tanks Several tokens saw a considerable drop in price following the news of the SEC lawsuit. Among the hardest hit was Solana, which saw a 6% drop, sliding to $20 in just an hour. Algorand, another asset mentioned as a security in the lawsuit, saw its value drop by 9.9% following the news. SEC Chair Gensler has previously spoken quite positively about the asset. Polygon saw a drop of 7%, while Polkadot dropped by 6.9%, according to data from CoinGecko. The Lawsuit Against Binance And Zhao The Securities and Exchange Commission unveiled its lawsuit against Binance on Monday. The commission had sued the world&rsquo;s largest cryptocurrency exchange and its CEO, Changpeng Zhao, for alleged violation of several US securities laws. According to the SEC, Binance has been offering its users unregistered securities trading platforms and offering unregistered crypto asset securities sales. &ldquo;The Securities and Exchange Commission today charged Binance Holdings Ltd. (&ldquo;Binance&rdquo;), which operates the largest crypto asset trading platform in the world,; U.S.-based affiliate, BAM Trading Services Inc. (&ldquo;BAM Trading&rdquo;), which, together with Binance, operates the crypto asset trading platform, Binance.US; and their founder, Changpeng Zhao, with a variety of securities law violations.&rdquo; One of the key charges against Binance involves the company&rsquo;s US operations. According to the Securities and Exchange Commission, Binance and BAM Trading, the Binance.US operator, operated as exchanges in the United States of America without registering with the SEC, in addition to being clearing agencies and broker-dealers. According to the SEC, certain cryptocurrencies were offered as securities on Binance&rsquo;s primary international exchange and Binance.US. &ldquo;Binance and BAM Trading have unlawfully engaged in unregistered offers and sales of crypto asset securities,&rdquo; the lawsuit states. &ldquo;In so doing, they have deprived investors of material information, including the risks and trends that affect the enterprise and an investment in these securities.&rdquo; The Securities and Exchange Commission also alleged that Binance secretly controlled its US operations, allowing high-value US customers to evade restrictions and divert billions of dollars worth of customer funds. Binance has refuted all allegations made by the SEC. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
6 days ago nulltx
Is Cardano (ADA) a good investment? Sophisticated AI Crypto Algo forecast positive price trajectory
Avorak AI, a new AI crypto project, has gained significant attention in the crypto community because of its potential to revolutionize trading. Avorak AI algos have forecasted a positive price movement for Cardano (ADA), creating quite a buzz among traders and investors. How high can Cardano go? Avorak AI could tell you Avorak Trade provides […]
6 days ago cryptodaily
Top Trader Says Ethereum on the Cusp of Breakout Against Bitcoin, Tradecurve Presale Stage 3 Explodes
Ethereum and Bitcoin have long been regarded as two top giants battling for supremacy in the crypto ecosystem. However, according to a top trader, Ethereum might be having the upper hand soon. In other news, Tradecurve's presale stage 3 has recorded immense growth in the past few days. Ethereum (ETH) Set for a Breakout Against Bitcoin (BTC) - Top trader An influential trader within the crypto community known as Bluntz has recently shared his optimistic outlook on Ethereum in relation to Bitcoin. With over 223,100 on Twitter, Bluntz suggests that the Ethereum/Bitcoin pair is on the brink of a potential breakout. Year-to-date, Bitcoin has performed Ethereum, gaining 63% compared to the latter&rsquo;s 56%. However, Bluntz believes the trend could change in the coming weeks, with Ethereum performing better than Bitcoin in the bull market. According to his analysis, if this breakout occurs, Ethereum's value would increase against Bitcoin. Displaying a chart on his tweet, Bluntz pointed out a falling wedge pattern on the ETH/BTC pair, which typically indicates a bullish trend. On the other hand, he expresses concerns about Bitcoin's performance against the USD, emphasizing the breach of a crucial support level. As a result, the trader advised investors to limit their exposure to Bitcoin. Tradecurve (TCRV) Presale Gains Massive Traction In Stage 3 While a top trader is bullish on the prospects of Ethereum, Tradecurve, a new trading platform that could send the likes of Binance and Huobi packing, has gained increased attention in its Stage 3 presale. The sale of millions of Tradecurve utility tokens has captivated the attention of experts in the crypto community. Tradecurve, a hybrid, decentralized trading platform has caught the attention of many investors as it aims to address several challenges faced by traders when using traditional trading platforms, including security, limited trading options, high trading fees, transparency, and privacy. Tradecure will be the first platform where users can utilize digital assets as collateral, users can trade forex, stocks, cryptocurrencies, and commodities on Tradecurve through a single account. One of the platform's notable advantages is its user-friendly accessibility, eliminating the need for the KYC process. Traders can create an account with just an email and a crypto wallet. This anonymous trading sets Tradecurve apart from established platforms like Binance and Kraken. Moreover, Tradecurve offers an array of features, including algorithmic trading that allows users to subscribe to automated AI bots, high leverage starting at 500:1, and copy trading where newbies can replicate the trades of experienced traders for a given fee. Currently, Tradecurve's utility token, TCRV, is up for presale available at just $0.015 per token. There is also a 25% deposit bonus for every purchase. Smart investors are already stashing up TCRV tokens before the price skyrockets. Besides, market experts anticipate a 50x surge during the presale stage and a staggering 100x increase upon the launch of TCRV, followed by its listing on a prominent Tier-1 CEX (Centralized Exchange). Get more information surrounding TCRV at the links below: Click Here For Website Click Here To Buy TCRV Presale Tokens Follow Us Twitter Join Our Community on Telegram Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
8 days ago cryptodaily
XRP, Solana and Tradecurve price analysis
The XRP network activity saw record-breaking levels, and Solana's co-founder sees potential for the blockchain to become the "Apple of Crypto," indicating a bullish outlook for the value of both of these altcoins. One of the latest hybrid exchange platforms, Tradecurve, also made waves in the blockchain community as its utility token, TCRV, spiked by 25%. We will go over the performance of each cryptocurrency to see how far they can climb in value by the end of 2023. >>BUY TCRV TOKENS NOW<< The Future Potential of the XRP Cryptocurrency While a vast majority of the cryptocurrency market saw a slowed down post-Memorial Day weekend, XRP has carried on towards a bullish direction, as its network has been recording massive spikes in address activity. The XRP network reached its second and third-largest spike in history during the past week, indicating that a major bullish rally can occur in the future, especially for the price of the XRP token, based on information shared by the blockchain analytics firm known as Santiment. On May 27, 490,000 addresses interacted with the network, followed by another spike on May 28. As of May 30, 2023, the XRP cryptocurrency trades at $0.501280. During the past two weeks, its value spiked by 18.8%. In the last 24 hours alone, XRP has been up 4.2%. Based on analysts, the price of the XRP cryptocurrency can surge to its maximum point of $0.98 by the end of the year. How Solana Might Increase in Value Moving Forward Solana, the Layer-1 blockchain that originally launched in 2020, has seen some exciting news, as Raj Gokal, a co-founder of the network, told TechCrunch that "Solana has the potential to be the Apple of crypto." Apple has focused on user experience and performance, and as a result, Gokal said, "It all started with one relentless focus on a simple interaction that had to work perfectly." The focus on Solana's core engineering and ecosystem is to create a network that feels like the regular internet, even though it is an entirely new financial internet. Solana might also try to compete with Apple by launching its own Android smartphone known as Saga. As for the value of the Solana cryptocurrency, as of May 30, 2023, SOL trades at $21.27. In the last seven days, Solana increased in value by 7.2%, and in the last 24 hours alone, the cryptocurrency saw an increase in its value by 2.7%. Why Tradecurve and Its Utility Token TCRV Has Appealed to Investors Tradecurve is defined as a hybrid trading platform that completely avoids the need for KYC and lengthy registration procedures and instead lets users just deposit crypto and use it as collateral when trading. This provides them with a complete level of anonymity, and better yet, the application allows trading not just crypto, but many other financial products, from CFDs to forex, indices, commodities, options, ETFs, and bonds. Moreover, the team will also implement Proof of Reserves (PoR) and will launch a dedicated trading academy. Tradecurve features high leverage starting at 500:1, a VIP account service, negative balance protection, and algorithmic trading with AI. As of May 30, 2023, the TCRV utility token is at Stage 3 of its presale, where it is offered at $0.015. Its next price target is $0.018, a value it will reach at the start of the Stage 4 presale. This indicates that the cryptocurrency can increase by 20% initially, but analysts are bullish about its future and think it can climb 100x at launch, as 10,112,808 tokens have already been sold, indicating a high demand for the altcoin. For more information about TCRV presale tokens: Click Here For Website Click Here To Buy TCRV Presale Tokens Follow Us Twitter Join Our Community on Telegram Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
9 days ago cryptodaily
Google Bard Shiba Inu prediction Tradecurve price increased by 25%
The AI tool built by Google, known as Bard, has made waves across the Web3 space as a lot of users are using it for price prediction. One of the most notable altcoins to get a significant level of attention due to the bullish outlook of Google Bard is Shiba Inu, and today, we will explore why it thinks that the crypto has high-growth potential. The presale-stage project Tradecurve has increased by 25% in the past week, and it has its own AI system as well that can change the way investors make decisions when trading. >>BUY TCRV TOKENS NOW<< Google Bard Makes Prediction Surrounding Shiba Inu&rsquo;s Future Value Google Bard was consulted to get the price predictions for the Shiba Inu cryptocurrency, as users on a global scale are using AI to check the future value of their favorite cryptocurrencies. Note that the price predictions that are made by the Google Bard AI might not always be 100% accurate or correct. However, they will provide much-needed insights into the potential future direction a cryptocurrency's value might be headed to. When Shiba Inu was released in 2020, it was dubbed the "Dogecoin Killer" and experienced a massive 1,500% increase after it was released. This excessive increase resulted in the crypto community speculating on the different scenarios, and one of them predicted that SHIB could climb to $1. However, according to Google Bard, $1 is highly unlikely at this point. Bard's projection for the future of Shiba Inu is still optimistic, however. As of May 29, 2023, Shiba Inu trades at $0.00000883. Bard predicts that the maximum value for the cryptocurrency in 2023 is at $0.0000259, an increase of 193.32%. Aside from Shiba Inu, one other cryptocurrency caught the attention of crypto traders as well, and that project is Tradecurve. Tradecurve Already Sees an Increase of 25% And Can Spike By 100x At Launch Tradecurve has transitioned from Stage 2 of its presale, where one TCRV token was worth $0.012, to Stage 3, where its price increased by 25%, and now trades at $0.015. Analysts and investors are eyeing the Tradecurve platform as it also implements AI to make trades, users can access hundreds of algorithmic and AI-driven trading systems and create AI-oriented bots to optimize the performance of their portfolio. This hybrid platform requires no KYC, features Proof of Reserves (PoR), and allows anyone to make trades just by depositing crypto and then using it as collateral when trading other cryptocurrencies or any other derivative. According to the Tradecurve whitepaper, the platform will feature high leverage beginning at 500:1, a VIP account service, zero requirements for FIAT payments, exclusive deposit bonuses, a dedicated Trading academy, and negative balance protection. The team estimates that they will make $20 million during the presale and that they can onboard 100,000 new users at launch. TCRV will also get listed on Tier-1 exchanges and on Uniswap, and as a result, Google Bard predicts that TCRV can climb 100x by the end of 2023. Learn more about Tradecurve and the TCRV utility token at the links below: Click Here For Website Click Here To Buy TCRV Presale Tokens Follow Us Twitter Join Our Community on Telegram Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
12 days ago nulltx
In the Mist of a Bear Market, Algorand (ALGO), Aave (AAVE), and DigiToads (TOADS) Experience Impressive Growth
There’s an old saying among investors: “Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria.” Yet, in the uncharted waters of the cryptocurrency sea, amidst the roiling waves of a bear market, certain digital lifeforms, Algorand (ALGO), Aave (AAVE), and DigiToads (TOADS), are not only surviving but also […]
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About Algorand?

The live price of Algorand (ALGO) today is 0.107743 USD, and with the current circulating supply of Algorand at 7,249,368,532.15 ALGO, its market capitalization stands at 781,070,530 USD. In the last 24 hours ALGO price has moved 0.000731 USD or 0.01% while 20,204,512 USD worth of ALGO has been traded on various exchanges. The current valuation of ALGO puts it at #47 in cryptocurrency rankings based on market capitalization.

Learn more about the Algorand blockchain network and how it works or follow the price of its native cryptocurrency ALGO and the broader market with our unique COIN360 cryptocurrency heatmap.

Launched in June 2019 by the Turing Award winner and MIT Professor Silvio Micali, Algorand (ALGO) is an open-source, decentralized and "self-sustaining" blockchain, which intends to solve the blockchain trilemma - that any such network can at most have two out of three important properties, namely: security, scalability and decentralization.

The main purpose of creating Algorand is to improve the efficiency and transaction speed of other blockchains like Bitcoin and Ethereum, while reducing the transaction costs. In order to accomplish this, Algorand uses a special, more scalable, ‘Proof of Stake’ consensus mechanism referred to as ‘Pure Proof of Stake’ (PPoS), which secures its network.  

While the core development of Algorand protocol is managed by the Boston-based private corporation Algorand Inc., the umbrella organization Algorand Foundation oversees the decentralization, ecosystem growth, on-chain governance, cryptographic research and award funding of the Algorand network.

ALGO price

Algorand was funded through an Initial Coin Offering (ICO) in June 2019, at a price of $2.4 per coin. Its value appreciated quickly by almost 50% within a few days of launch, with the coin reaching its all-time high of $3.56 on June 20, 2019. ALGO’s fully diluted valuation crossed $35 billion that day. Its value dropped gradually thereafter, dipping to $0.16 by late September, and closing the year at around $0.2, according to our ALGO live price chart.

The price of ALGO, in USD terms, rallied again in February 2020, touching $0.50 before correcting down below $0.1 in the March 2020 crypto crash. Its next big jump came in August 2020, as it peaked around $0.75 before another correction saw it ending the year below $0.35.

2021 was a good year for crypto markets in general, and ALGO also continued to attempt a breach of $2, before finally succeeding in September 2021, and even went on to test $3 in November. However, the year ended around $1.8 for ALGO.

2022 saw a sharper decline in ALGO's price, where the cryptocurrency was trading around $0.35 in May 2022.

How ALGO works

Algorand employs something known as Pure Proof-of-Stake (PPoS) consensus mechanism to secure its network and validate transactions. PPoS was developed by Silvio Micali and is meant to provide scalability, decentralization and security, in a sustainable and eco-friendly manner.

Anyone can participate as a validator, depending upon the amount of ALGO coins they hold in their wallet, as compared to ALGO holdings of other interested participants. The ‘Pure’ in PPoS implies that the participants can freely come and go, without the need of locking up their ALGO coins for a specific time period.

ALGO, the native coin of the Algorand blockchain, is used to pay for transactions done on the Algorand network. You can also use ALGO for staking purposes and to participate in the functioning and governance of the Algorand network. At the time of writing, ALGO holders have staked over $3.9 billion ALGO for simultaneous participation in Decentralized Finance (DeFi) and Algorand governance, by the ALGO holders. 

Algorand has an average transaction throughput of 11 TPS, while 1,100 transactions can be processed per second at peak. The block creation time is well under 5 seconds and the average transaction fee for using the network’s resources is 0.002 ALGO. Algorand blockchain is actively used to deploy and run DeFi apps as well as mint non-fungible tokens (NFTs).

ALGO news, updates and highlights

In an important ALGO news, Six Clovers, a Fintech infrastructure provider led by former Ripple and PayPal executives, launched a cross-border payments network on Algorand, in June 2021. It uses fully regulated stablecoins to facilitate global transactions between merchants, payment providers and banking establishments. The same month Arrington Capital also launched a $100 million ecosystem fund, to promote project development and coin minting on the Algorand blockchain. Both these developments contributed positively to ALGO price action in 2021.

In another major news for ALGO, the Algorand Foundation put up a $20 million fund in February 2022 to accelerate development on its ecosystem. From the fund, $10 million were awarded as a grant to Applied Blockchain, for building a trustless bridge called ‘London Bridge’. This initiative holds great significance for the Algorand network as it will connect the blockchain with Ethereum’s robust dApp ecosystem, thus bringing in more liquidity.

Frequently asked questions about ALGO

  • Is it possible to mine or stake ALGO?

While you cannot mine ALGO coins, it’s certainly possible to stake ALGO to earn staking rewards.

  • What are some of the best ALGO wallets?

Algorand recommends the mobile Pera wallet to store your ALGO coins. However, you can also opt for other popular choices like Ledger Nano X, Atomic Wallet and Trust Wallet.

  • What can you do with ALGO cryptocurrency?

You can use your ALGO coins to pay fees for using apps running on the Algorand network. It’s also possible to stake ALGO to participate in Algorand’s operations and governance. In addition, the coin can be used to trade against other crypto assets on well-known exchanges, as well. 

  • How to buy ALGO coins?

The ideal way to buy ALGO is on established crypto exchanges. You may use fiat currency to buy ALGO or exchange your already-owned crypto coins for ALGO. Use trading pairs like ALGO/XRP, ALGO/USDT, ALGO/BTC, ALGO/MATIC, ALGO/ETH and so on, to make the purchase.

Algorand Price0.107743 USD
Market Rank#47
Market Cap781,070,530 USD
24h Volume68,947,368 USD
Circulating Supply7,249,368,532.15 ALGO
Max Supply10,000,000,000 ALGO
Yesterday's Market Cap899,268,260.75 USD
Yesterday's Open / Close0.123317 USD / 0.124048 USD
Yesterday's High / Low0.126074 USD / 0.122109 USD
Yesterday's Change
0.01% ( 0.000731 USD )
Yesterday's Volume20,204,511.55 USD
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