SBI Group, one of Japan's largest financial institutions, has launched a Crypto Asset Fund which enables general Japanese investors to purchase seven cryptos - Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), XRP, Bitcoin Cash (BCH), Chainlink (LINK) and Polkadot (DOT).
The Dubai World Trade Centre is becoming "a comprehensive zone and regulator for virtual assets and cryptocurrencies".
The first five Polkadot parachains are going live with multiple decentralized finance (DeFi) use cases.
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1. What is Algorand (ALGO)?
Algorand is a new-gen blockchain bridging the decentralized and centralized world of finance.
Algorand Standard Assets run on the blockchain's "Layer-1" and include fungible, non-fungible, restricted fungible, and restricted non-fungible assets.
Here's what I like the best about Algorand Standard Assets:
Role-based asset controls are supported for business, compliance, and regulatory requirements.
Asset accounts can be "quarantined" for investigations.
"Forced" asset transfers can be done for legal compliance.
Permissions can be configured so that only "whitelisted" addresses can transact.
Off-chain asset documentation can be included in the on-chain asset definition.
Users can "opt-in" to accept new assets.
Another feature I like in Algorand is "Rekeying in Layer-1", which enables users to change their private key without changing the public address.
As of 21 December, its core metrics are:
All-time high (Nov 05, 2021)
All-time low (May 27, 2020)
6.35 billion ALGO
6.8 billion ALGO
10 billion ALGO
Circulating supply is the number of coins/tokens in public hands.
Total supply is the number of coins/tokens created minus the number burned.
Maximum supply is the maximum amount of this crypto that can ever exist
Figures have been rounded off for convenience
Marketcap & Volume metrics:
$ 8.6 billion
Fully Diluted Market Cap:
$ 13.6 billion
$ 238 Million
Volume / market cap ratio:
Market cap = Current Price x Circulating Supply
Fully Diluted Market Cap would be the market cap if the maximum supply was in circulation
Volume (24h) is the fiat value of this crypto traded over the last 24 hours
Volume / market cap ratio = 24h Volume / Marketcap