The IOTA Foundation was recently selected as a contractor for Phase 2 of the EU blockchain’s pre-commercial procurement. They will now develop prototype improvements for the European Blockchain Services Infrastructure (EBSI)’s future versions. Competing For The EU The foundation announced the commission’s support in a blog post on their site earlier today. They will be...Read More
IOTA has announced a new smart contract platform called “Assembly” to accelerate the adoption of Web 3. Like IOTA’s staging network – Shimmer – users can stake IOTA on Assembly to earn rewards, this time dispatched in ASMB token. What Is Assembly For? Assembly revealed itself in a blog post on its site earlier today,...Read More
The IOTA network is moving forwards with the development of its multi-asset ecosystem. The foundation will soon launch a staging network – the Shimmer network – to test its new staking feature for IOTA tokens. Interestingly, other tokens minted on the blockchain will be sent to stakers – not IOTA itself. Staking IOTA IOTA announced...Read More
Cryptocurrency mining and environmentalism did not usually go hand in hand in conversations about the development of the blockchain industry, but one tweet from Tesla CEO Elon Musk was enough for the crypto community to start worrying about what Bitcoin and Proof-of-work miners are doing to the planet. A new study, compiled from data from...Read More
IOTA – an open-source cryptocurrency and distributed ledger – recently launched its smart contract beta. Network users can now take advantage of the high-speed yet zero-fee transactions functionality that comes with the IOTA network. Smart Contracts on IOTA As reported on Thursday, the beta includes an Ethereum Virtual Machine (EVM), making ERC-20 tokens interoperable with...Read More
The non-profit IOTA Foundation is among the seven projects chosen by the European Commission to partake in the first design phase of the European blockchain initiative. A Milestone for IOTA IOTA made the announcement in a blog post published on Tuesday (September 7, 2021). According to the blockchain project, IOTA would be involved in the...Read More
Just a few weeks after IOTA introduced Mana in its testnet platform, the blockchain project has enhanced its trials by releasing a newer version of the Pollen testnet. It will be integrated into two Coordicide modules, which should serve as a major step towards achieving complete decentralization. In a recent blog post, IOTA announced the...Read More
The chain-agnostic Layer-2 infrastructure, Cartesi, has partnered with the IOTA Foundation to expand the use cases of DeFi, gaming, and NFTs. Additionally, both parties aim to serve as the bridge between traditional technological solutions and blockchain. Cartesi Collaborates with IOTA Headquartered in Germany, the IOTA Foundation is a global not-for-profit establishment focusing on research and...Read More
Monero rose north of the 200-SMA on the price charts and projected a bullish trend, but stronger cues were needed to support a move above its most recent local high. IOTA and DCR flashed bearish signals at the time of writing, with both expected to move lower towards their respective support levels in the short-term....Read More
XRP projected rangebound movement as the dust settled in its market following a period of high volatility. XMR moved within a horizontal channel and the breakout did not seem imminent over the next few sessions. IOTA could depend on a broader market rally to climb above its local high. XRP Source: XRP/USD, TradingView XRP continued...Read More
Monero flipped the $143-resistance level, but a move above $148 was unlikely as the bullish momentum slowed down. IOTA registered rangebound behavior as trading volumes were weak. Even though DOGE was predicted to fall in the short-term, uncertainty shrouded its future trajectory. Monero [XMR] Source: XMR/USD, TradingView The market’s bulls regained the $143-price level as...Read More
Cardano was trading within a range from $0.32 to $0.38 and showed signs of being in a consolidation phase. SushiSwap was bullish on the charts and likely to go past $10, while IOTA found support at the $0.39 mark but lacked interest from buyers to attempt another move past $0.45. Cardano [ADA] Source: ADA/USDT on...Read More
XRP sustained its northbound move on the charts and traded close to the $0.444 resistance at press time. AAVE remained within its parallel channel, with a breakout unlikely over the coming sessions and IOTA found support at $0.416 and registered some sideways movement. XRP Source: XRP/USD, TradingView XRP maintained its upward trajectory on the charts...Read More
Chainlink traded close to the $22.24 support mark and flashed bearish signals at the time of writing. CRO moved below $0.06 support and the indicators suggested that it could topple yet another support level over the coming sessions. On the flip side, IOTA noted some bullish activity and looked to break above $0.51 resistance. Chainlink...Read More
Polkadot broke out of a range and moved lower to retest the range highs, projecting an upside target of $21 should the $18.2 region hold steady. IOTA was in a period of consolidation, and Aave showed strong bullish momentum as it surged to a high of $280 before facing some selling pressure. Polkadot [DOT] Source:...Read More
XRP tested the $0.3 level of resistance repeatedly, and flipping this level of resistance to support would be a significant development for the bulls. EOS showed neutral short-term momentum as it traded above a level of support. IOTA climbed past $0.45 and targeted the $0.54 level of resistance. XRP Source: XRP/USD on TradingView XRP has...Read More
Bitcoin Cash and IOTA were primed for a breakout as they formed a triangle pattern on declining trading volumes. Compound flipped the $211 level to support and was headed towards $250. Bitcoin Cash [BCH] Source: BCH/USDT on TradingView Over the past few days, the trading volume has been declining while BCH formed a triangle pattern...Read More
Chainlink saw a bearish divergence on the lower timeframe and experienced a minor dip to test the support at $19.8, but its long-term outlook is strongly bullish. IOTA appeared to invalidate a bullish pattern and could be headed to $0.4 support in the coming hours while Compound continued to register gains. Meanwhile, in the case...Read More
Monero slipped from $173 to test the $149-level of support over the past few days and was trading at an important level as the market’s bulls and bears tussled for control of the market. IOTA formed a bullish pattern on the charts and could see a bullish breakout targeting $0.55. Finally, DigiByte noted some early...Read More
After Bitcoin fell on the charts, the broader altcoin market moved in tandem with the king coin and slumped into the red territory. However, BNB signaled a potential pullback towards $41.7, while IOTA’s and VET’s fall halted at their current support levels. Binance Coin [BNB] Source: BNB/USD, TradingView Binance Coin’s fall along with the broader...Read More
Binance Coin and Dogecoin entered a consolidation phase on the price charts after a solid start to the year, while IOTA projected upside movement as buyers took control of the market. Binance Coin [BNB] Source: BNB/USD, TradingView Binance Coin seemed to be noting a minor pullback after breaching its all-time high a couple of days...Read More
Bitcoin Cash formed a bullish triangle pattern on the chart and could see a move to the upside after testing the $326 level of support. Monero plunged on the news of delisting privacy coins on Bittrex, while IOTA traded within a range and lacked momentum toward either direction in the short-term. Bitcoin Cash [BCH] Source:...Read More
Bitcoin Cash showed strong bullish sentiment as it rose above $350 once more. Yet IOTA and Dogecoin were some of the altcoins whose gains over the past week have not followed Ethereum. IOTA traded within a range, while Dogecoin saw its momentum shift slightly to favor the bears. Bitcoin Cash [BCH] Source: BCH/USDT on TradingView...Read More
Ethereum and Bitcoin posted some losses over the past few hours and many altcoins did as well. Bitcoin Cash formed a bearish divergence and slipped beneath a level it had sought to flip to support, and IOTA has seen rising selling pressure over the past few days. Zcash approached a pocket of liquidity with bearish...Read More
While Ethereum did move to the upside of the $615-zone, there was no breakout yet for ETH as $637 posed dogged resistance. On the contrary, IOTA traded within a range that extended from $0.288 to $0.32, while Dash showed it could be poised for a minor dip in the coming hours. Ethereum [ETH] Source: ETH/USD...Read More
Binance Coin lost some of its recent gains, and despite the bearish strength, bulls have a hope of defending the $30 level. The same could not be said for IOTA as it appeared likely to drop to an imminent level of support. Algorand reversed directions a few days ago and could retrace all the gains...Read More
Bitcoin had dropped from $23,980 to $22,900, at the time of writing, with BTC wicking as low as $22,400. On the other hand, XRP was unable to rise past the $0.6-region and faced pressure from sellers, pressure that could see XRP revisit $0.5 once more. IOTA plunged under two of its short-term moving averages, but...Read More
These are bullish times for the cryptocurrency market. Not only is Bitcoin, the world’s largest cryptocurrency, breaching new ATHs by the day, but the altcoin market is reciprocating as well, with the market’s top alts all recording significant gains on the charts. Cardano, IOTA, and DigiByte were few of the alts to note a price...Read More
Bitcoin SV was bearish in the market and could be headed down to $150 in the coming days. Tezos confirmed a bullish reversal, but the $2.24 resistance was too strong for the bulls to overcome. IOTA could be set to tread water in the vicinity of $0.29 in a period of consolidation. Bitcoin SV [BSV]...Read More
In what is a much-awaited development, the IOTA Foundation has just announced that the Chrysalis Testnet will go live on the 14th of December. Chrysalis, also known as IOTA 1.5, is the mainnet’s intermediate stage before Coordicide is complete. Chrysalis testnet coming tomorrow. Stay Tuned!#Chrysalis #IOTA pic.twitter.com/mDnOkw928W — IOTA (@iotatoken) December 13, 2020 The Chrysalis...Read More
