Iota news-Page 8
Crypto Markets Descend While Tech Stocks Surge
Thursday, March 21 — Most of the top 20 coins by market capitalization are in the red, showing slight losses on the day, down from one to four percent. Market visualization from Coin360 The leading cryptocurrency Bitcoin (BTC) is trading at $4,027 at press time, down about one percent over the 24-hour period. BTC has been trading sideways as of early trading hours, following a drop to as low as $4,007 in the middle of the day. Bitcoin 24-hour chart. Source: CoinMarketCap The top altcoin Ethereum (ETH) has seen a 1.87 percent downturn on the day and is trading at …
Bitcoin Price / March 21, 2019
Top Cryptos Look Stable as Bitcoin Hovers Over $4,000
Sunday, March 17 — the top 20 cryptocurrencies are reporting very slight gains and losses on the day by press time. Bitcoin (BTC) has pushed back just over the $4,000 mark, according to CoinMarketCap data. Market visualization from Coin360 At press time, Bitcoin is down under a quarter of a percent on the day, trading at around $4,037, according to CoinMarketCap. Looking at its weekly chart, the current price is over 2.4 percent higher than the price at which Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap Ethereum (ETH) is holding onto its position as the largest altcoin …
Bitcoin Price / March 17, 2019
IOTA Launches Hackathon Smart City Contest Sponsored by Groupe Renault
The IOTA Foundation has announced the Smart City Hackathon sponsored by French global automobile manufacturer Groupe Renault, Cointelegraph auf Deutsch reports Feb. 25. At the hackathon, participants will compete by using new technologies to solve inter-city problems submitted by corporate partners. Contestants will use distributed ledger technology (DLT) to develop more efficient transport, energy grids and buildings. The contest is based on IOTA’s Tangle system, wherein participants will develop Internet of Things (IoT), machine-to-machine (M2M), and data driven concepts for the smart city environment. Designed specifically for the IoT industry, IOTA’s Tangle system represents an organizational model that uses Directed …
Adoption / Feb. 27, 2019
Crypto Markets See Double-Digit Crash, Asian Markets Soar as Trump Delays Tariff Hike
Monday, Feb. 25: cryptocurrencies are today seeing a blood-red market rout, with virtually all of the top 20 coins posting losses of between 7 and 17 percent, as data from Coin360 shows. Market visualization by Coin360 Top cryptocurrency Bitcoin (BTC) is down a round 8 percent on the day and is trading around $3,836 to press time, according to CoinMarketCap data. Today’s crash is the second day the coin — and wider market — is reporting losses, with Bitcoin having yesterday tumbled from an intraday high of $4,210 to around $3,800. The sharp downturn has squeezed the cryptocurrency’s gains on …
Bitcoin Price / Feb. 25, 2019
Iota Foundation Partners With Incubator Nova to Fund Startups Using Blockchain
The Iota Foundation, the company behind the cryptocurrency Iota (MIOTA), announced its partnership with startup incubator Nova through a press release shared with Cointelegraph on Feb. 18. According to the release, the partnership aims to fund new startups employing Iota’s platform through the “Iota Cofoundery” program on Nova’s website, which focuses on the early stages of startup development and seed funding. The program also grants the selected startups access to Nova’s mentoring program and tech startup team, reportedly consisting of over 20 startup consultants specialized in technology. Nova has reportedly co-founded over 80 technology startups to date, and more than …
Blockchain / Feb. 18, 2019
Bitcoin Hovers Near $3,630 as Top Cryptos See Minor Losses
Sunday, Feb. 17 — most of the top 20 cryptocurrencies are reporting minor losses on the day by press time. Bitcoin (BTC) has fallen under the $3,650 mark again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down 0.18 percent on the day, trading at around $3,631, after a brief mid-day high of $3,680, according to CoinMarketCap data. Looking at its weekly chart, the coin has mostly traded sideways for the past week. The current price is about 0.3 percent lower than $3,643, the price at which Bitcoin started the week. Bitcoin 7-day price chart. …
Ethereum / Feb. 17, 2019
Dutch Tech Firm Develops PoC of Autonomous Smart Electricity Grid Using IOTA
Dutch technology company ElaadNL has developed a Proof of Concept (PoC) for a smart power grid for electric vehicles using internet of things (IoT)-focused IOTA Tangle technology, according to the company’s announcement on Feb. 14. Per the announcement, the PoC shows the ability of smart grids to not only consume power, but also generate it and autonomously redistribute it amongst community members. The initiative was based on IOTA’s Tangle technology, which purportedly lets the charging devices autonomously decide whether there is need to help balance grid load. In addition, the charging stations can earn a IOTA tokens by charging electric …
Adoption / Feb. 14, 2019
Bitcoin Stuck Around $3,400 as the Stock Market Sees a Minor Downturn
Thursday, Feb. 7 — most of the top 20 cryptocurrencies are reporting slight to noteworthy gains on the day by press time, with Bitcoin (BTC) hovering just over $3,400 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is up a fraction of a percent on the day, trading at around $3,409, according to CoinMarketCap. Looking at its weekly chart, the current price is just over 1.5 percent lower than the price at which Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap According to TransactionFee data, there haven’t been so many Bitcoin transactions per …
Bitcoin / Feb. 7, 2019
Report: Majority of $11.4 Million Stolen in 2018 Iota Token Heist Has Been Found
A top member of the Germany-based Iota (IOTA) Foundation has said the majority of the ~$11 million alleged to have been stolen in a major Iota token heist last year has been found, Reuters reported Jan. 30. As reported, the suspected perpetrator of the heist was arrested earlier this month in Oxford, U.K., following a multilateral investigation by Europol, British and German police authorities. The investigation first launched early 2018, after multiple citizens had reported stolen funds to local German police. Over 85 victims of the theft have since been identified, with the total IOTA stolen estimated to be worth …
Cryptocurrencies / Jan. 31, 2019
Danish Government’s Energinet Signals Iota Deal to Improve Energy Sector Offerings
Danish state-owned energy company Energinet has expanded its partnership with distributed ledger network Iota to investigate use of its technology in new areas, Iota revealed in blog post Jan. 30. Energinet, which is an independent enterprise under Denmark’s Climate and Energy Ministry, wants to examine how it could leverage Iota’s Tangle technology in the energy and Internet of Things (IoT) markets. The two entities have worked together on a data marketplace initiative since late 2017, a larger project involving other companies. Energinet market developer André Bryde Alnor commented on the latest move: “As part of our journey to a digitized, …
Bitcoin Regulation / Jan. 31, 2019
Bitcoin Stands Still Around $3,400 as Most Top Cryptos Report Moderate Gains
Tuesday, Jan. 29 — most of the top 20 cryptocurrencies are reporting moderate gains on the day at press time. Bitcoin (BTC) is trading just over $3,400 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down just a fraction of a percent on the day, trading at around $3,450, according to CoinMarketCap. Looking at its weekly chart, the current price is lower than $3,655, the price at which Bitcoin started the week, trading sideways until yesterday, Jan. 28. Bitcoin 7-day price chart. Source: CoinMarketCap Ripple (XRP) has gained about half a percent in the …
Bitcoin / Jan. 29, 2019
International Police Collaboration Leads to Arrest of Suspect in $11 Million IOTA Theft
Following international police collaboration, a 36-year-old individual suspected of the theft of over $11 million in IOTA, as well as fraud and money laundering, has been arrested on Jan. 24. Europol published a statement detailing the investigation on the day of the arrest. The suspect was reportedly arrested by United Kingdom’s South East Regional Organised Crime Unit, together with the Hessen State Police in Germany, the UK’s National Crime Agency and Europol, following a search warrant carried out in Oxford, U.K. The operation that lead to the man’s arrest — and the seizure of several of his electronic devices — …
Altcoin / Jan. 24, 2019