ALGO

Algorand

BitcoinWorld Bybit Delists ALGO/BTC Spot Trading Pair: Strategic Shift Impacts Crypto Market In a significant move affecting cryptocurrency traders, Bybit announced on March 15, 2025, that it has officially delisted the ALGO/BTC spot trading pair from its platform, marking another strategic adjustment in the competitive exchange landscape. Bybit Delists ALGO/BTC: Understanding the Exchange Decision Bybit’s decision to remove the ALGO/BTC trading pair follows established exchange protocols for maintaining market quality. The exchange typically evaluates trading pairs based on multiple quantitative metrics. These metrics include daily trading volume, liquidity depth, and user engagement patterns. Furthermore, exchanges regularly assess technical performance and compliance requirements. Consequently, pairs failing to meet minimum thresholds face potential removal. This systematic approach helps exchanges optimize their trading environments. It also ensures efficient allocation of technical resources across active markets. The ALGO/BTC pair specifically connects Algorand’s native token with Bitcoin. Algorand positions itself as a pure proof-of-stake blockchain platform. It emphasizes speed, security, and decentralization. Meanwhile, Bitcoin remains the dominant cryptocurrency benchmark. Trading pairs against BTC serve as crucial liquidity channels for alternative cryptocurrencies. However, not all pairs maintain sufficient activity to justify continued support. Exchange infrastructure costs and market maker incentives factor heavily into these decisions. Cryptocurrency Exchange Delisting Procedures and Precedents Major cryptocurrency exchanges follow structured delisting processes. These processes typically involve multiple notification stages. Bybit likely issued advance warnings to affected users. The exchange probably provided a specific timeline for position closures. Standard procedure includes disabling new orders first. Subsequently, exchanges cancel existing open orders. Finally, they remove the trading pair entirely from their platforms. Historical data reveals consistent delisting patterns across the industry. For instance, Binance removed several trading pairs in January 2025. Similarly, Coinbase discontinued support for specific assets last quarter. These decisions reflect ongoing market optimization efforts. Exchanges continuously balance user demand with operational efficiency. The table below illustrates recent comparable delistings: Exchange Delisted Pair Date Primary Reason Cited Binance XRP/BTC January 2025 Low liquidity Kraken ADA/ETH February 2025 User activity decline KuCoin DOT/BTC December 2024 Strategic refocus These industry movements demonstrate broader market consolidation trends. Exchanges increasingly prioritize high-volume pairs. They simultaneously reduce fragmentation across trading options. This concentration potentially improves liquidity for remaining markets. However, it also reduces direct trading avenues for specific cryptocurrency combinations. Market Impact and Trader Adaptation Strategies The delisting immediately affects active ALGO/BTC traders on Bybit. These users must adjust their trading strategies accordingly. Fortunately, alternative trading routes remain available. Traders can utilize ALGO/USDT or ALGO/USDC pairs instead. They can then convert between stablecoins and Bitcoin separately. This indirect method adds an extra step to trading processes. However, it maintains access to both assets on the same platform. Market analysts observe several potential consequences from such delistings: Liquidity fragmentation: Trading volume may disperse across remaining pairs Price discovery impact: Reduced direct trading could affect volatility Arbitrage opportunities: Price differences might emerge across exchanges User migration: Some traders may move to platforms supporting the pair Professional traders typically employ cross-exchange strategies to mitigate these effects. They monitor multiple platforms simultaneously. Additionally, they utilize algorithmic tools for optimal execution. Retail traders, conversely, face greater adaptation challenges. They must learn new trading workflows and fee structures. Algorand’s Market Position and Exchange Support Algorand maintains substantial exchange support despite this specific delisting. The blockchain’s native token continues trading on all major platforms. Key trading pairs include ALGO/USDT, ALGO/USDC, and ALGO/ETH. These alternatives provide ample liquidity for most traders. Moreover, Algorand’s fundamental technology continues evolving. Recent protocol upgrades have enhanced transaction throughput. The ecosystem also expands through developer adoption. Exchange listing decisions rarely reflect direct commentary on project fundamentals. Instead, they indicate specific pair performance metrics. A project can maintain strong technological development while experiencing reduced trading activity for particular pairs. Market dynamics constantly shift based on investor preferences and macroeconomic conditions. Therefore, single delisting events require careful contextual interpretation. Industry data shows Algorand maintaining consistent development activity. The project’s GitHub repository demonstrates regular commits. Its developer community continues growing steadily. These indicators suggest ongoing project vitality beyond exchange pair availability. Blockchain projects ultimately derive value from utility and adoption, not just trading pair counts. Regulatory Considerations and Compliance Factors Cryptocurrency exchanges operate within increasingly complex regulatory environments. Compliance requirements influence listing and delisting decisions significantly. Regulatory scrutiny varies across jurisdictions and asset types. Exchanges must navigate these complexities while serving global user bases. They conduct regular security audits and compliance reviews. Consequently, some delistings result from proactive regulatory alignment. Bybit, like its competitors, maintains dedicated compliance teams. These professionals monitor regulatory developments worldwide. They assess implications for trading products and user protections. Sometimes, preemptive delistings occur before regulatory mandates. This approach demonstrates responsible exchange management. It also helps maintain positive relationships with financial authorities. Trading pair evaluations incorporate multiple compliance dimensions: Geographic restrictions and licensing requirements Anti-money laundering (AML) monitoring capabilities Know-your-customer (KYC) implementation effectiveness Sanctions screening and blockchain analytics integration These factors contribute to comprehensive risk assessments. Exchanges prioritize user security and regulatory adherence. Therefore, delisting decisions often reflect multifaceted evaluations beyond simple trading metrics. Technical Implications for Exchange Infrastructure Exchange platforms manage complex technical infrastructures. Each trading pair requires dedicated resources and monitoring. Order matching engines process millions of transactions daily. Market data feeds must remain accurate and timely. Reducing trading pair counts optimizes system performance. It allows exchanges to allocate resources more efficiently. This technical optimization benefits all users through improved platform reliability. Bybit’s engineering team likely conducted thorough analysis before this delisting. They evaluated server load distribution and database performance. They also considered API endpoint utilization patterns. Technical decisions align with business objectives for scalable growth. Maintaining excessive low-volume pairs creates unnecessary complexity. It also increases potential points of failure during high volatility periods. The exchange’s technology stack handles numerous concurrent processes: Real-time price updates across all active markets Order book management and trade execution User balance calculations and transaction recording Security monitoring and anomaly detection Streamlining this infrastructure through strategic delistings enhances overall system stability. Users experience faster execution and fewer technical disruptions. These improvements contribute to better trading experiences across all remaining pairs. Conclusion Bybit’s decision to delist the ALGO/BTC spot trading pair represents standard exchange management practice. This action reflects ongoing market optimization rather than commentary on either asset’s fundamental value. Traders retain multiple alternative routes for accessing both Algorand and Bitcoin on the platform. The cryptocurrency industry continues maturing through such strategic refinements. Exchange operators balance user needs, technical requirements, and regulatory compliance. Consequently, trading pair adjustments remain routine aspects of market evolution. Market participants should monitor official exchange communications for similar future developments. FAQs Q1: What should I do if I held positions in the ALGO/BTC pair on Bybit? Bybit typically provides advance notice and specific deadlines for position closure. Users should have received notifications through official channels. Any remaining positions were likely automatically closed at prevailing market prices before delisting. Q2: Can I still trade Algorand on Bybit after this delisting? Yes, Algorand continues trading on Bybit through other pairs like ALGO/USDT and ALGO/USDC. The delisting only affects the specific ALGO/BTC trading combination. Q3: Will this delisting affect Algorand’s price significantly? Single exchange delistings rarely cause major price impacts for established cryptocurrencies. Algorand trades on numerous global exchanges with substantial liquidity. Price effects typically remain minimal unless multiple major exchanges take similar actions simultaneously. Q4: How often do cryptocurrency exchanges delist trading pairs? Major exchanges conduct regular reviews, typically quarterly or biannually. They evaluate trading metrics, user activity, and compliance factors. Delistings occur when pairs fail to meet minimum thresholds across these evaluation criteria. Q5: Should I move to another exchange that still offers ALGO/BTC trading? This depends on your specific trading strategy and preferences. Consider factors like fees, security, interface familiarity, and available alternatives. Many traders successfully use ALGO/USDT pairs combined with separate BTC conversions without needing direct ALGO/BTC trading. This post Bybit Delists ALGO/BTC Spot Trading Pair: Strategic Shift Impacts Crypto Market first appeared on BitcoinWorld .

BitcoinWorld PostFinance Algorand Integration: Swiss Banking Giant Revolutionizes Crypto Access for Millions In a landmark move for institutional cryptocurrency adoption, Swiss state-owned banking institution PostFinance has officially integrated Algorand (ALGO) trading capabilities directly into its banking platform. This strategic expansion, announced in Zurich on March 15, 2025, now provides the bank’s substantial customer base of 2.5 million users with seamless access to blockchain-based assets through their existing bank accounts. Consequently, PostFinance becomes one of the first major European state-backed banks to offer direct cryptocurrency trading without requiring external exchanges or separate digital wallets. PostFinance Algorand Integration Represents Banking Evolution The PostFinance Algorand implementation marks a significant departure from traditional banking approaches to digital assets. Previously, customers seeking exposure to cryptocurrencies needed to navigate third-party exchanges, manage separate wallet security, and handle complex transfer processes. Now, PostFinance customers can execute ALGO transactions with the same simplicity as conventional banking operations. This integration reflects Switzerland’s progressive regulatory environment, which has established clear guidelines for financial institutions engaging with blockchain technologies. Switzerland’s Financial Market Supervisory Authority (FINMA) has developed comprehensive frameworks for cryptocurrency custody and trading. These regulations provide the necessary legal certainty for traditional banks to enter the digital asset space. PostFinance’s decision follows similar moves by other Swiss financial institutions, including Julius Baer and SEBA Bank, creating a cohesive ecosystem for institutional cryptocurrency services. The bank’s implementation includes robust security protocols, compliance monitoring systems, and educational resources for customers new to digital assets. Algorand Blockchain Technology Advantages for Banking PostFinance selected the Algorand blockchain for several technical and strategic reasons. The Algorand network utilizes a Pure Proof-of-Stake consensus mechanism that offers distinct advantages for financial applications. This approach achieves finality in approximately 4.5 seconds while maintaining energy efficiency compared to proof-of-work systems. Additionally, Algorand’s architecture prevents chain splits entirely, providing the transaction certainty that financial institutions require. The blockchain’s capabilities extend beyond simple asset transfers. Algorand supports sophisticated smart contracts, tokenization of traditional assets, and decentralized applications. These features create opportunities for future banking innovations beyond basic cryptocurrency trading. Financial analysts note that Algorand’s transaction costs remain consistently low, typically below $0.001 per transaction, making microtransactions economically viable. The network currently processes approximately 6,000 transactions per second with plans to scale significantly higher through ongoing protocol improvements. Institutional Adoption Signals Market Maturation PostFinance’s entry into cryptocurrency services represents more than just another trading option. Industry experts interpret this development as a validation signal for the broader digital asset ecosystem. When state-owned financial institutions with millions of customers embrace blockchain technology, it demonstrates growing institutional confidence in cryptocurrency infrastructure. This confidence stems from several factors including improved regulatory clarity, enhanced security solutions, and proven technological reliability. The banking sector’s gradual embrace of cryptocurrencies follows a predictable pattern observed in previous technological adoptions. Initially, institutions dismiss new technologies as speculative or risky. Subsequently, they conduct internal research and pilot programs. Finally, they implement limited services before expanding offerings based on customer demand and regulatory comfort. PostFinance appears to have reached this final implementation stage, potentially signaling broader European banking adoption in coming years. Customer Experience and Security Implementation PostFinance has designed its Algorand trading interface to prioritize user experience and security. Customers access cryptocurrency features through the same online banking portal they use for traditional services. The interface displays ALGO holdings alongside conventional bank balances, providing a unified financial overview. Transaction execution follows familiar banking patterns with confirmation screens, security authentication, and immediate transaction records. The security architecture employs multiple protection layers including: Cold storage solutions for the majority of cryptocurrency reserves Multi-signature authorization for institutional transactions Real-time monitoring for suspicious activity patterns Insurance coverage for digital asset holdings Educational resources about cryptocurrency security best practices This comprehensive approach addresses common customer concerns about cryptocurrency security while maintaining the convenience of integrated banking services. PostFinance customers benefit from the bank’s existing fraud protection systems and regulatory safeguards, creating a more secure environment than many standalone cryptocurrency exchanges offer. Regulatory Framework and Compliance Considerations Switzerland’s regulatory environment has evolved significantly since the early days of cryptocurrency. The Swiss Blockchain Act, implemented in 2021, established clear legal foundations for blockchain applications in financial services. This legislation created the legal concept of ledger-based securities and clarified treatment of various cryptocurrency transactions. Additionally, Switzerland’s anti-money laundering regulations apply equally to traditional banking and cryptocurrency services. PostFinance operates under the direct supervision of FINMA, which has issued specific guidance for banks engaging with digital assets. These requirements include: Requirement Implementation Capital adequacy Higher risk weights for cryptocurrency exposures Customer identification Enhanced due diligence for cryptocurrency transactions Transaction reporting Real-time reporting to Swiss authorities Risk management Specific frameworks for digital asset volatility This regulatory clarity provides PostFinance with operational certainty while ensuring appropriate consumer protections and systemic safeguards. The bank’s compliance systems automatically monitor transactions for suspicious patterns, report required information to authorities, and maintain comprehensive audit trails. These measures align with both Swiss regulations and international financial standards. Market Impact and Competitive Landscape The PostFinance announcement immediately influenced cryptocurrency markets and competitive dynamics. Following the news, Algorand’s trading volume increased approximately 40% across major exchanges. Market analysts attribute this response to both the direct trading access for 2.5 million new potential users and the symbolic importance of institutional validation. The development also pressures competing banks to accelerate their cryptocurrency strategies or risk losing technologically progressive customers. Switzerland’s banking sector now features three distinct approaches to cryptocurrency services: Full integration like PostFinance’s direct trading capabilities Custody partnerships where banks hold cryptocurrencies for clients through specialized providers Educational services where banks provide information without direct trading access PostFinance has positioned itself at the most advanced end of this spectrum, potentially attracting customers who prioritize integrated financial management. This strategic positioning aligns with broader digital transformation initiatives across the banking sector as institutions compete with fintech companies and digital-native financial services. Future Developments and Expansion Possibilities Industry observers anticipate several logical extensions to PostFinance’s initial Algorand offering. The most probable next steps include additional cryptocurrency integrations, staking services for proof-of-stake assets, and tokenization of traditional financial instruments. The bank might also develop lending products using cryptocurrency as collateral or create structured investment products with digital asset components. These innovations would leverage Switzerland’s progressive regulatory framework while meeting evolving customer demands. The technological infrastructure supporting PostFinance’s cryptocurrency services remains adaptable for future blockchain developments. As central bank digital currencies emerge and tokenized securities gain traction, the bank’s existing systems can potentially incorporate these innovations. This forward compatibility represents a strategic advantage in the rapidly evolving digital asset landscape, positioning PostFinance to capitalize on multiple blockchain applications beyond simple cryptocurrency trading. Conclusion The PostFinance Algorand integration represents a watershed moment for institutional cryptocurrency adoption within traditional banking. By providing 2.5 million customers with direct access to ALGO trading through familiar banking interfaces, the Swiss institution bridges the gap between conventional finance and blockchain innovation. This development reflects Switzerland’s leadership in cryptocurrency regulation and signals growing institutional confidence in digital asset infrastructure. As more traditional financial institutions observe PostFinance’s experience, similar integrations will likely emerge across global banking markets, accelerating mainstream cryptocurrency adoption while maintaining appropriate regulatory safeguards and security standards. FAQs Q1: What exactly has PostFinance announced regarding Algorand? PostFinance has integrated direct Algorand (ALGO) trading capabilities into its banking platform, allowing 2.5 million customers to buy, sell, and hold ALGO through their existing bank accounts without needing external exchanges or separate cryptocurrency wallets. Q2: Why did PostFinance choose Algorand specifically for this integration? PostFinance selected Algorand due to its Pure Proof-of-Stake consensus mechanism that offers fast transaction finality, energy efficiency, and prevention of chain splits. The blockchain’s capabilities for smart contracts and tokenization also provide opportunities for future banking innovations beyond simple cryptocurrency trading. Q3: How does this integration affect cryptocurrency security for PostFinance customers? Customers benefit from the bank’s existing security infrastructure including cold storage for most assets, multi-signature authorization, real-time monitoring, insurance coverage, and fraud protection systems. This integrated approach often provides stronger security than standalone cryptocurrency exchanges. Q4: What regulatory framework governs PostFinance’s cryptocurrency services? The services operate under Switzerland’s Blockchain Act and Financial Market Supervisory Authority (FINMA) regulations, which establish clear guidelines for digital asset custody, trading, reporting, and risk management. These regulations ensure consumer protections while providing operational certainty for the bank. Q5: Does this development signal broader cryptocurrency adoption by traditional banks? Yes, PostFinance’s implementation represents a significant validation signal for institutional cryptocurrency adoption. As a state-owned bank with millions of customers, its entry into this space demonstrates growing institutional confidence and may encourage other traditional financial institutions to develop similar offerings. This post PostFinance Algorand Integration: Swiss Banking Giant Revolutionizes Crypto Access for Millions first appeared on BitcoinWorld .

Key takeaways: Our Algorand price prediction indicates a high of $0.1890 in 2026. In 2028, ALGO will range between $0.1789 and $0.2182, with an average price of $0.1853. In 2030, it will range between $0.5652 and $0.6750, with an average price of $0.5854. Algorand’s capabilities make it an interesting prospect for investors and developers interested in smart contracts and blockchain interoperability. Will ALGO go up? Can it reach $10? Where will ALGO be in 5 years? We explore these and more in our Cryptopolitan price prediction. Overview Cryptocurrency Algorand Symbol ALGO Current Algorand price $0.08730 Market cap $776.27M Trading volume $34.55M Circulating supply 8.89B All-time high $3.28 on Jun 21, 2019 All-time low $0.08126 on Mar 9, 2026 24-hour high $0.08884 24-hour low $0.08459 Algorand price prediction: Technical analysis Indicator Value Volatility (30-day variation) 4.19% (Medium) 50-day SMA $0.09009 200-day SMA $0.1513 Sentiment Bearish Green days 11/30 (37%) Fear and Greed Index 8 (Extreme Greed) Algorand price analysis On March 23, ALGO was green, rising 1.27% in 24 hours, but was down 2.65% in 30 days. Its trading volume rose by 66.25% to $35 million, signaling high trading interest. Algorand 1-day chart analysis ALGOUSD chart by TradingView ALGO started recovering this year but later turned bearish after failing to break through the $0.1420 resistance level. The move corresponded with the broader market and Bitcoin. Its relative strength index shows a neutral market; it is oversold when its value falls below 30. The MACD histograms show its positive momentum is slowing, limiting further upside. Algorand 4-hour chart analysis ALGOUSD chart by TradingView The 4-hour chart highlights ALGO’s run this month after bouncing off support levels at $0.82. The William Alligator trendlines indicate falling volatility, with positive market momentum. ALGO has maintained a narrow price range this month ($0.082-$0.097). Algorand technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 0.1039 SELL SMA 5 0.09337 SELL SMA 10 0.08935 SELL SMA 21 0.08521 SELL SMA 50 0.09009 SELL SMA 100 0.1063 SELL SMA 200 0.1513 SELL Daily exponential moving average (EMA) Period Value ($) Action EMA 3 0.08771 SELL EMA 5 0.09222 SELL EMA 10 0.1018 SELL EMA 21 0.1105 SELL EMA 50 0.1238 SELL EMA 100 0.1458 SELL EMA 200 0.1735 SELL What to expect from the ALGO price prediction next? Algo has traded within a narrow range this month, with the general market sentiment remaining bearish. Over the short term, ALGO turned green but had little momentum to sustain growth. Why is Algorand up? Algorand is up 1.53% to $0.0876 in 24h, underperforming Bitcoin’s +2.24% move. This modest gain appears primarily driven by a broad market lift, as capital rotated into Bitcoin amid macro uncertainty, pulling some altcoins like ALGO higher in its wake. Is ALGO a good investment? Analysis by Intotheblock shows that over 80% of holders are in the red at the current price. The figure will likely drop lower in the short term. However, as our Cryptopolitan price prediction shows, this will change over the long term. Recent news The Algorand Foundation said it will re-establish its headquarters in the United States, returning from Singapore to Delaware, as part of its restructuring, which includes appointing a board of directors. Will ALGO reach $1? Per our Algorand price forecast, ALGO will break above $1 by the end of 2032. Can Algorand reach $10? Per our Cryptopolitan price prediction, ALGO will not break above $10 in the period ending in 2032. Can Algorand reach $20? According to our Cryptopolitan price prediction, it remains improbable for ALGO to break above $20 by the end of 2032. Can ALGO reach 100 dollars? At $100, Algorand’s market capitalization must rise above $700 billion from its current $1.2 billion. In comparison, Ethereum’s market capitalization is at $380 billion. Per our price prediction, Algorand is highly unlikely to reach $100. Is there a future for Algorand? Like most mega-altcoins, Algorand is trading at its lowest level this year. A break below 30 on the RSI will be crucial to sending it back to previous highs. Looking ahead, ALGO will register new all-time highs in the coming years. ALGO price prediction March 2026 The Algorand network price forecast for March is a maximum price of $0.1510 and a minimum price of $0.0751. The average price for the month will be $0.0955. Month Potential low ($) Potential average ($) Potential high ($) March 0.0751 0.0955 0.1510 Algorand price prediction 2026 For 2026, ALGO’s price will range between $0.0748 and $0.1890. The average price for the period will be $0.1567. Year Potential low ($) Potential average ($) Potential high ($) 2026 0.0748 0.1567 0.1890 Algorand price prediction 2027-2032 Algorand price prediction 2026-2032 Algorand market price prediction: Analysts’ ALGO price forecast Platform 2026 2027 2028 Coincodex $0.1147 $0.1296 $0.1378 Gate.com $0.08668 $0.09318 $0.109 Cryptopolitan’s Algorand price prediction Our predictions indicate that ALGO will achieve a high of $0.19 in 2026. In 2028, it will range between $0.27 and $0.31, with an average of $0.28. In 2030, it will range between $1.04 and $1.23, with an average price of $1.07. Note that the predictions are not investment advice. Seek independent professional consultation or do your research. Algorand historic price prediction Algorand price history by CoinGecko Algorand conducted its token sale in June 2019 at $2.40 per token. Union Square Ventures, Lemniscap, and NGC Ventures, among others, held earlier funding rounds. The public sale raised $60.40 million, while funding rounds raised $66 million. Token sale participants who held their tokens since launch are down 90%. Binance listed ALGO on 21 June 2019. According to CoinMarketCap data, it pumped after its listing, reaching an all-time high (ATH) of $3.28. ALGO later crashed; four months later, it was down 90% from its ATH. In July 2021, Coinbase listed the ALGO token. As a result, it gradually recovered, peaking at $0.64 in August. In retrospect, 2021 was the golden year for the crypto market. The emergence of NFTs, DeFi growth, and institutional interest drove growth. In 2021, it rose from a low of $0.32 in January to $2.30 in October, a 200% gain. Nothing prepared crypto enthusiasts for the 2023 crypto winter, which worsened with the FTX crash. The year closed with ALGO trading at $0.23. The decline continued through 2023, registering an all-time low at $0.0876 in September. The market’s recovery began in October. By the end of the year, it had risen above $0.2. It began recovering in November from a low of $0.12, reaching $0.61 in December. It then corrected into 2025 below the $0.40 mark in January and $0.35 in February. It crossed into October, trading at $0.22. The coin later nosedived, and by December, it had dropped to $0.14. It remained at this level into January 2026. It later turned bearish,and dropped below $0.10 in March.

ALGO momentum is bearish in the short term; RSI 44.86 neutral, MACD histogram stuck at zero. Trading below EMA20 and BTC downtrend increasing pressure on altcoins.

ALGO is squeezed in a narrow range and in a downtrend; low volatility carries the risk of a sudden breakout. Supports ($0.0886) are critical for stop, protect the RR ratio.

Bitcoin remains just below the $70,000 mark, capturing the market's attention while many alternative cryptocurrencies face challenges in gaining traction. Some coins, however, are still showing potential for growth. This article explores these standout performers and what sets them apart in a struggling altcoin market. Discover which digital assets are bucking the trend. Immutable (IMX) Holds Steady: Can It Break Through Key Resistance? Source: tradingview Immutable (IMX) is currently trading between about 15 and 18 cents. Despite recent dips, losing about 80% over six months, there's potential for a bounce. If IMX surpasses the close resistance at roughly 19 cents, it might aim for around 22 cents, reflecting a possible boost of more than 20% from current levels. The coin's RSI is near 50, hinting at a balanced market. If buyers step in, and it climbs above the 10-day moving average, recovery is possible. Yet, falling just over 1% in the past month, the coin's challenge remains. Stay alert for a push past key resistance to signal a stronger comeback. VeChain Faces Challenges but Holds Growth Potential Source: tradingview VeChain (VET) is navigating a tough phase, currently priced between $0.0066 and $0.0079. The coin struggles below its short and long-term averages, suggesting a bearish trend. The nearest resistance sits at $0.0086, with stronger barriers at $0.0099. On the downside, support begins at $0.0060. VeChain has dropped 10% over the past week, 13% this month, and a significant 71% in six months. However, it has room to rise if it breaks past the $0.0086 resistance, potentially moving up by over 10%. Reaching the second resistance level could give it a nearly 42% bump from its lower range. For now, patience and watchfulness are key. Algorand (ALGO) Eyes Recovery After Downward Drift Source: tradingview Algorand's price hovers between eight cents and nearly ten cents. It's just below the ten-day moving average, showing slight upward momentum. If it breaks the nearest resistance at a little over ten cents, it could climb to around twelve cents, marking a potential increase of about 30% from current levels. The RSI indicates the coin isn't oversold, giving it room for growth. However, recent trends show a significant dip over six months. For Algorand to rally, it must hold above the support near seven cents and breach the resistance barriers ahead. The next days are crucial for potential gains or further dips. Conclusion Bitcoin remains strong at around $70,000, but many altcoins are struggling. However, there are still some coins that show promise. IMX demonstrates resilience with solid performance recently. VET continues to gain attention with its steady progress. ALGO also shows strength with its consistent activity. These coins represent potential opportunities in a challenging market. 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.

Peter Brandt thinks the crypto market has not hit bottom yet. If he is right, the Algorand Foundation’s decision to cut 25% of its staff may be just one of many similar moves still to come across the industry. A Leaner Team, A Packed Roadmap The Algorand Foundation announced the layoffs Wednesday, pointing to a rough stretch in global markets and a sustained pullback in crypto prices as the driving forces behind the decision. The foundation described the move as painful but necessary, saying it had reached a more sustainable alignment between its spending and its long-term goals. Affected workers were described as top contributors, and the organization said it would help them through the transition. What makes the timing unusual is what the Foundation has on its plate for the year ahead. Reports indicate the organization is still pushing forward with several major projects — including the next big update to its developer toolkit AlgoKit, the launch of a new wallet called Rocca, and continued work on post-quantum security. Cutting a quarter of your team while announcing an ambitious workload is a balancing act, and it remains to be seen whether the remaining staff can carry the load. Today, the Algorand Foundation made the difficult decision to reduce our workforce by 25%. This decision was not taken lightly and is in response to the uncertain global macro environment as well as the broader downturn in crypto markets. These employees have been best-in-class… — Algorand Foundation (@AlgoFoundation) March 18, 2026 Bitcoin Down 44%, And Counting The layoffs did not happen in a vacuum. Bitcoin is currently trading around $70,000 — roughly 45% below its all-time high of $126,000, which it hit in October. At its lowest point earlier this year, it fell to $60,000. For foundations that hold portions of their treasury in crypto, a drop like that translates directly into less money to pay staff and fund operations. Algorand has not been sitting still. Based on a December roadmap update, the Foundation reported it had doubled the amount of ALGO staked online — from around 1 billion to 2 billion — over the span of a little more than a year. That kind of growth signals momentum on the technical side, even as the financial pressures mount. This Is Not The First Time The Crypto Industry Has Done This The crypto world has been through rounds of staff cuts before. During the 2022 downturn, Coinbase reduced headcount by 18%, and Gemini cut 10% of its workforce.Both moves came as Bitcoin was trading near two-year lows around $21,000. This week, blockchain data company Messari also announced layoffs and the departure of its CEO, who stepped down as the company shifted its focus toward artificial intelligence. Bullish CEO Tom Farley recently said the sector could see more consolidation ahead, with larger firms absorbing smaller ones and trimming overlapping roles in the process. For the Algorand Foundation, the message is straightforward: do more with less, and stay the course. Featured image from Unsplash, chart from TradingView

Gemini has reduced its workforce by roughly 30% since the start of 2026, extending earlier layoffs as the crypto exchange pivots toward greater use of artificial intelligence to improve efficiency, according to a shareholder letter cited by Bloomberg. Founded by Tyler Winklevoss and Cameron Winklevoss, Gemini reported that it employed about 445 people as of March 1 and did not provide an operating outlook for 2026 alongside its fourth-quarter results. Aggressive Layoffs The latest cuts come after an earlier announcement that the firm would eliminate up to a quarter of its staff, withdraw from the UK, European Union, and Australia, and part ways with several top executives, including its chief operating, financial, and legal officers. Additional US layoffs occurred beyond the initial reduction. The downsizing also comes as Gemini, which went public on Nasdaq’s Global Select Market last September, is facing financial strain after posting a full-year loss of $585 million. The figure includes unrealized crypto asset losses after losing more than $500 million in the prior year. Fourth-quarter revenue rose nearly 40% year-over-year to about $60 million, but losses widened significantly to $140.8 million from $27 million. Data from Kaiko revealed that the company operates with less than 1% of global market share, which is relatively small in scale in an industry where larger platforms dominate. By comparison, Coinbase Global Inc. employs approximately 4,951 staff, which is around 11 times more than Gemini, and recorded daily trading volumes nearly 42 times higher in the past 24 hours, based on CoinGecko data. The broader crypto market downturn has added pressure, as Bitcoin remained down about 44% from its October peak and trading activity was low amid volatility and macroeconomic uncertainty. Industry-Wide Restructuring Alongside Gemini, several industry players have downsized their workforce as market conditions remain challenging. For instance, Crypto.com recently slashed 12% of its workforce while citing the need to adapt to AI-driven changes. Algorand reduced its staff by approximately 25%. Meanwhile, OP Labs, a major contributor to the Optimism ecosystem, eliminated around 20 roles. At the same time, Messari is undergoing a leadership shakeup alongside staff cuts. Jack Dorsey’s Block Inc. also cut over 4,000 jobs, reducing staff to under 6,000 from 10,000. The company, however, later rehired a small number of employees. The post Another Exchange Slashes 30% Workforce as AI Pivot Deepens Amid Mounting Losses appeared first on CryptoPotato .

The recent decision by the Algorand Foundation to reduce its workforce by 25% has added a new layer of uncertainty to the outlook of the ALGO cryptocurrency. The layoffs were framed as a strategic step toward sustainability, but the timing has raised concerns among investors and traders. https://twitter.com/AlgoFoundation/status/2034298850878652616?s=20 Making the situation even more delicate, the price of ALGO has been hovering close to its recent lows. This combination of internal restructuring and weak market conditions creates a complex backdrop for the Algorand price forecast. Market structure remains fragile ALGO is currently trading in a tight range, with $0.088 acting as a critical support level. Holding above this zone has allowed the price to attempt small recoveries, but momentum remains limited. A push toward $0.092 has emerged as the first test of strength in the short term. If the altcoin breaks above this level with convincing volume, market analysis suggests the price could extend to $0.095. However, this upward movement would still fall within the range of a relief rally rather than a confirmed trend reversal. Stronger resistance lies further up at $0.1078, which has historically capped upward moves. A successful break above this level would mark a shift in structure and could open the door to $0.1229 and even $0.1474. Until that happens, the broader trend remains under pressure despite short bursts of optimism. On the downside, losing the $0.088 support could quickly expose the price to the $0.081 region, which sits close to its recent all-time low. This makes the current range a decisive battleground between buyers trying to establish a base and sellers maintaining control. Fundamentals show mixed signals The workforce reduction highlights the need for tighter resource management within the Algorand ecosystem. It reflects a shift toward a leaner operational model aimed at long-term sustainability. At the same time, it raises questions about the pace of growth and adoption on the network. On-chain activity has shown signs of slowing, with reduced liquidity and lower user engagement compared to previous periods. This suggests that demand has not yet caught up with the project’s long-term ambitions. Despite these challenges, there is a notable positive development in the regulatory landscape. ALGO has been classified as a commodity by the US Securities and Exchange Commission (SEC) rather than a security, removing a significant layer of uncertainty. This distinction could make it easier for institutions to engage with the asset in the future. However, regulatory clarity alone is unlikely to drive price action without a corresponding increase in network usage. For now, the market remains cautious, with Algorand price action reflecting uncertainty rather than conviction. The post Is Algorand’s 25% job cut a red flag for ALGO price? appeared first on Invezz