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December 22nd - According to the Hong Kong Stock Exchange, the London Metal Exchange (LME) has performed strongly this year, with average daily trading volume from the beginning of the year to November 30th increasing by 6% compared to the same period last year. Following the launch of its new trading platform LMEselect v10 in March, the LME also released a modernization plan for the options market aimed at improving liquidity and transparency. The LME plans to introduce automatic expiration of options in the early second half of 2026 and expects to launch electronic options trading by the end of the year.Polish state oil company: Its Norwegian subsidiary has acquired stakes in the North Sea Albusker and Vesterekofis oil fields, a deal that will increase the companys resources by approximately 8 million barrels of oil equivalent. The project involves starting production from a total of three deposits, providing the group with an additional 420 million cubic meters of natural gas annually.On December 22, the Hong Kong Stock Exchange (HKEX) announced in its 2025 review that Hong Kong officially became a recognized delivery location of the London Metal Exchange (LME) this year, a significant milestone for both the LMEs global network and coverage, and the development of Hong Kongs commodity market. As of December, Hong Kong has 13 LME-recognized delivery warehouses, reflecting Hong Kongs commitment to developing into a global commodity trading center. The LME also performed strongly this year, with average daily trading volume from the beginning of the year to November 30 increasing by 6% compared to the same period last year. Following the launch of the new trading platform LMEselect v10 in March, the LME also released a modernization plan for the options market aimed at improving liquidity and transparency. The LME plans to introduce automatic expiration of options in the early second half of 2026 and expects to launch electronic options trading by the end of the year.On December 22, Bainaqiancheng announced that it is planning to acquire assets through a combination of share issuance and cash payment, and intends to raise supporting funds. Due to uncertainties surrounding the matter, trading in the companys shares will be suspended from the opening of the market on December 16, 2025. The company expects to disclose the transaction plan within no more than 10 trading days, i.e., apply for the resumption of trading in its shares before December 30, 2025. As of the date of this announcement, the company, together with all parties involved in the transaction, is conducting comprehensive negotiations on the transaction plan, due diligence, and other related work. The transaction is currently progressing smoothly. During the suspension period, the company will actively advance all aspects of its work and fulfill its information disclosure obligations in a timely manner based on the progress of the transaction-related matters.The onshore yuan closed at 7.0382 against the US dollar at 16:30 on December 22, up 28 points from the previous trading day.

Algorand Price Predictions: What’s Next for the ALGO Crypto?

Cory Russell

Sep 23, 2022 14:25

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On Thursday, as traders reacted to encouraging news about the cryptocurrency, it would be wise to examine the price forecasts for Algorand (ALGO-USD).


The organization that created Algorand is the first to appoint Michele Quintaglie to its executive team. Quintaglie formerly worked as a communications officer at Visa and Fidelity Investments (NYSE:V). As Algorand's chief marketing officer, she will aim to strengthen the brand.


ALGO investors should also be aware of how extensively its blockchain is being used. When compared to the 5,000 transactions per second covered by Mastercard (NYSE:MA), it entails more than 6,000 transactions per second, which is a significant amount. Due to this, cryptocurrency still doing well even throughout the downturn.


The most recent information has investors paying attention to ALGO. As a consequence, there is a lot of trading going on right now. Trading volume has increased by around 161% over the previous 24-hour period.


In light of everything said above, read on for the most recent ALGO price forecasts!

Price predictions for Algorand

Our list for Thursday is led by CryptoNewZ, which predicts an average token price of 50 cents by 2023.

Following WalletInvestor on our ranking is their $0.01036 one-year price prediction for ALGO.


Coin Price Forecast rounds off today's price forecasts with an average projection of 46 cents for 2023.


In contrast to its current price of $0.3649, the consensus among the Algorand price forecasts today is positive. Investors should also be aware that, as of Thursday morning, the cryptocurrency is up 14% over the previous 24 hours.