A closely followed crypto analyst says that one top-10 altcoin is forming one of the most bullish digital asset market structures around. In a new strategy session, crypto trader Ali Martinez tells his 108,000 followers on the social media platform X that payments altcoin XRP is forming a bull pennant pattern.

Algorand (ALGO) price has surged 20% in the last 24 hours, bringing its market cap back to $4 billion. Over the past seven days, ALGO has gained 38%.

Algorand (ALGO), a blockchain network known for its scalability and decentralization, has been steadily gaining attention in the cryptocurrency space. Despite its impressive surge of over 250% in Q4 2024, ALGO remains significantly below its all-time high (ATH) of $3.28, which it reached in June 2019.

The price of Algorand jumped more than 20% in 24 hours, retesting the key resistance level of $0.44 on Jan. 15.

ALGO crypto gains more than 14% in 24 hours but can this momentum spark a break out?

Algorand (ALGO), a layer-1 blockchain protocol, has experienced an uptick in price within the last 24 hours. ALGO is outperforming the crypto market by about 9%.

The crypto markets faced notable bearish pressure during the past week, which raised concerns over the upcoming price action. Meanwhile, the latest recovery suggests the tokens are on a bullish track as the global market capitalisation surged over $3.5 trillion while the sentiments have again become greedy.

RWA TVL grows by 34.6%: Algorand lays the foundations for the future of tokenization.

Investors today are buying cryptocurrencies that hold strong, as this is a major step towards owning digital assets and gaining financial freedom. This was the picture PYTH and TEZOS painted, holding firm in the cryptocurrency market until recently when their prices started dipping.

Bitcoin's (BTC) price action remained muted over the weekend as it traded sideways and hovered around the $95,000 mark. BTC had dipped to a low of $91,314 on Friday before recovering to climb above $94,000.

The cryptocurrency market has experienced a turbulent period recently, but there are signs of recovery as Bitcoin and other major altcoins make notable gains. Bitcoin has surged back above $94,000, sparking optimism across the broader market.

Synthetix has announced that it will transition its perpetual markets on the Arbitrum network to a close-only mode.

After witnessing a notable pullback, the crypto markets are trying hard to cope with the recent losses. The Bitcoin price surged back above $94,000 and is sustaining above the levels, increasing the bullish momentum within the markets.

The Tezos community is called to activate the Data Availability Layer, a pivotal technology for scaling rollups, promising a 20x to 4000x improvement in transaction bandwidth.

The move is part of a strategic pivot by Synthetix to consolidate its operations and focus on Coinbase's Base network.

Crypto wallet developer Exodus Movement Inc has made history in its journey as it got uplisted on the New York Stock Exchange (NYSE) American. For a firm that traded in the OTC Markets (OTCQX), this NYSE listing marks a major upgrade for the firm.

Bitcoin (BTC) surged past $100,000 as it continued its upward momentum in the new year. The cryptocurrency went from a low of $98,760 to $102,413 late on January 6 before dropping marginally to its current level of $101,745.

Algorand (ALGO) has been making waves in the cryptocurrency space lately, capturing the attention of traders and investors alike. With its strong performance on the charts, combined with increasing network activity and its innovative governance structure, ALGO is positioning itself as a major player in the market.

ALGO's near-term price action will be determined by a few key factors.

The cryptocurrency market has started to show signs of a recovery as Bitcoin's price strengthens, waking up altcoins that were previously suppressed under bearish pressure. Among the tokens gaining traction are Hedera (HBAR) and Algorand (ALGO), which have displayed considerable strength since the beginning of the year.

The crypto market has gotten off to a flying start to 2025, recovering from recent losses as investor optimism returns. Bitcoin (BTC) crossed $95,000, reaching an intraday high of $97,721 before registering a marginal drop and dropping to its current level of $96,712.

After a sluggish close for 2024, the crypto markets are trying hard to recover from the latest sluggish trend and as a result, the altcoins are trying hard to reclaim their dominance.

Algorand (ALGO) trading volume has spiked by 130% in the past 24 hours, pushing the token's price to $0.40. This rebound has brought 38% of ALGO holders into unrealized profits.

The following article is an op-ed by Laurent Benayoun, CEO of Acheron Trading. Algorithmic trading, or “algo trading”, has swiftly established itself within the financial landscape, particularly within the volatile, high-paced crypto market.

Latest updates on the coins ALGO, IVY, and Phantom.

As Bitcoin (BTC) continues to dominate headlines with its record-breaking surge, up 46% since November's election and 133% year-to-date, attention is shifting to altcoins that offer high potential at a lower price point.

Tezos (XTZ) is an innovative blockchain network known for its energy-efficient consensus mechanism and scalability. As of now, Tezos is trading at approximately $1.34, and its price trajectory in the coming years has become a topic of growing interest among crypto enthusiasts and investors.

Algorand (ALGO) has seen impressive growth in recent months, particularly with a substantial surge of over 250% in Q4 2024. Despite these gains, ALGO is still trading far below its all-time high of $3.28, suggesting that the coin remains undervalued and has significant potential for growth.

Santa Claus rally happened in the crypto industry as some big altcoins experienced double-digit gains. Pudgy Penguins (PENGU), the recently airdropped token, soared by 40% on Dec. 24, bringing its market cap to $2.26 billion.

As 2024 comes to a close, the cryptocurrency market remains a landscape of volatility and opportunity, drawing the focus of traders and investors alike. Amid widespread selloffs and a bearish outlook, a select group of altcoins is defying the odds, gaining momentum, and positioning themselves for significant milestones.

Spike in active addresses could be as a result of traders selling ALGO to minimize their losses during the dip.

The DeFi protocol also launched an in-house perpetuals trading app.

Bitcoin (BTC) reached an all-time high for the second consecutive day, going past $108,000 and reaching a peak of $108,286. However, the cryptocurrency declined dramatically after reaching this level and is currently trading below $104,000, down almost 3% over the past 24 hours.

Synthetix exchange relaunches with multi-collateral perpetuals on the Base network. The reboot of Synthetix comes with a new website, relaunch of its exchange, and upcoming launch of Synthetix Leveraged Tokens.

Algorand (ALGO) has declined 34% to reach a critical $0.40 support level, where it currently trades with decreased volume and momentum amid bearish technical indicators.

Bitcoin's (BTC) price hit another milestone on Tuesday, touching historic peaks above $107,000. While the Fear and Greed Index reads “Extreme Greed,” Ripple's XRP and Algorand (ALGO) attracted the attention of altcoin enthusiasts. Bitcoin breaks ATH records The leading crypto by market cap stirred the markets today after hitting the $107,780 all-time high.

Algorand's price has faced a sharp decline of 34%, dropping from $0.61 to a critical support level of $0.40. This steep correction came amidst a shift in the broader cryptocurrency market, triggered by Bitcoin's dominance reclaiming momentum and cooling off altcoin gains.

SuperTrend indicator flashed sell signal for ALGO on the 4-hour chart.

ALGO's Open Interest has been slowly trending lower, as has the spot CVD.

Algorand (ALGO) has recently witnessed a surge of 12.52% in the past 24 hours, bouncing back from a pullback earlier this week. This upward movement comes on the heels of a market correction that saw ALGO decline by 4.26% on the weekly charts.

Algorand has surged by 12. 52% over the past day after a weekly decline.

The product is part of Synthetix's ongoing effort to revamp after a governance overhaul in October.

Bitcoin (BTC) reclaimed $100,000 after registering an increase of over 4% in the past 24 hours as the crypto market rallied following the release of the November inflation data. The world's largest cryptocurrency almost crossed $102,000 after reaching an intraday high of $101,819 before retreating to its current level.

Algorand's price stands at around $0.42, following a significant surge during Q4 of 2024, where it saw over 250% growth. Despite this surge, the ALGO coin is still far from its all-time high (ATH) of $3.28, a price it reached in 2019.

TL;DR Synthetix acquires TLX as part of its strategy to expand its product offerings and strengthen its DeFi ecosystem. Leveraged products in development: the protocol plans to relaunch TLX on the Base network after auditing and optimizing its infrastructure.

Hoskinson discussed the potential role of Cardano and other leading blockchain projects like Multiverse, Algorand, and Hedera in shaping the crypto policy landscape under the new U.S. administration.

Decentralized finance (DeFi) protocol Synthetix has acquired the leveraged token platform TLX in a token-for-token deal. The post Synthetix Acquires TLX in Token-for-Token Deal appeared first on Cryptonews.

Synthetix said it plans to re-launch all TLX products on Base network after adding parameter improvements.