IOTA makes 40%+ move after $100M ecosystem foundation announcement

IOTA, an open-source distributed ledger and cryptocurrency focused on the Internet of Things (IOT), saw its native IOTA token rally 43% on Nov. 29 after announcing the creation of the Iota Ecosystem DLT Foundation and its registration in Abu Dhabi, the capital of the United Arab Emirates. This makes IOTA the first DLT foundation to be regulated by the Abu Dhabi Global Market (ADGM). According to a press release from the project, the foundation will be seeded with $100 million in IOTA tokens, which will be vested over a four-year…

IOTA reaches 10-month highs following $100m foundation launch

The native token of the IOTA distributed ledger ecosystem, also called IOTA, witnessed a sudden rally following the announcement of the new IOTA Foundation in the United Arab Emirates (UAE). IOTA is up by 35% in the past 24 hours and is trading at $0.236 at the time of writing. The asset reached a 10-month high of $0.285 shortly after the big announcement. IOTA’s market cap is currently standing at around $720 million with a daily trading volume of $773 million. IOTA price, social volume and total open interest –…

IOTA Price Rallies 43% on Abu Dhabi Foundation Registration to Expand in the Middle East

CryptoX – Cryptocurrency Analysis and News Portal “Working with companies like IOTA, ADGM aims to move towards a future characterized by setting global benchmarks in the ever-evolving blockchain and Web3 landscape,” Hamad Sayah Al Mazrouei, CEO of the Registration Authority of ADGM, said in a statement. Source The post IOTA Price Rallies 43% on Abu Dhabi Foundation Registration to Expand in the Middle East appeared first on CryptoX. CryptoX Portal

IOTA to Debut ShimmerEVM’s Smart Contracts and Tokens

These contracts will be released on ShimmerEVM, an Ethereum-compliant blockchain. ShimmerEVM is part of Shimmer, an IOTA ecosystem blockchain that allows developers to build applications and use features that are not yet available on the IOTA mainnet, before moving their applications onto the main IOTA network. Source

IOTA Eyes Big Crypto Leagues Again With Series of Network Boosting Plans

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IOTA is down by over 10% as bitcoin and altcoins struggle 

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The price of MIOTA, IOTA’s native cryptocurrency, has decreased by more than 10% in the last 24 hours, making it one of the top losers of the day. Major cryptocurrencies, including bitcoin (BTC) and ether (ETH), have also witnessed corrections. While the global cryptocurrency markets reacted positively to the recent US debt ceiling agreement, with the price of bitcoin temporarily surging to the $28,447 price region on May 29, the euphoria has gradually died down, as…

Bitcoin: Die Entscheidung für 2022 steht bevor.. & der „wahre“ Bull-Run aufgedeckt! | Crypto News

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