Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
IOTA
IOTA 2.0 Around the Corner with EVM Only ‘Little Steps’ Away from Completion, Ready to Kick Off
The recent activation of the IOTA 2.0 public testnet sets the stage for the forthcoming mainnet launch tentatively scheduled for August this year. However, successful deployment hinges on completing the integration of the IOTA EVM, a crucial step in providing essential infrastructure support for IOTA 2.0. As the IOTA 2.0 public testnet goes live earlier this week, the team is now actively working on the launch of the IOTA 2.0 mainnet which shall happen tentatively by August this year, as…
1 year ago
A New Dawn for IOTA: IOTA 2.0 Testnet Launch Marks a Resurgence in Innovation
IOTA 2.0 launched this week, marking the most significant update in the ecosystem and a resurgence in the innovation that made IOTA a crypto darling nearly a decade ago. The new upgrade gives the network greater ability to impact tokenization, global trade, digital identity and much more as IOTA readies to compete with Ethereum, Solana and other leading networks. It’s been a big week for IOTA. As Crypto News Flash reported, on Wednesday, the network launched the public testnet for…
1 year ago
IOTA EVM: Standing Out in a Saturated EVM Market—Here’s Why It Matters
IOTA EVM is edging closer to its debut, launching a new economy based on IOTA and bringing over $660 million in liquidity on-chain. The new EVM will heavily focus on tokenizing real-world assets, offering a regulated and cost-efficient environment for bringing trillions of dollars of assets on-chain. IOTA EVM is edging ever closer to launching, and the anticipation in the IOTA community is rising. The new EVM will awaken the sleeping $660 million beast and open up a world of…
1 year ago
Enhancing IOTA: The Significance of EVM Integration
EVM integration allows seamless interaction between IOTA and Ethereum-based applications, developers gain access to a wealth of tools and libraries. Alongside the EVM integration, IOTA is bolstering its infrastructure with new services for Oracle providers and global RPC nodes. The recent integration of the Ethereum Virtual Machine (EVM) into the IOTA ecosystem marks a significant milestone, unleashing a wave of innovation with far-reaching implications. With EVM integration, IOTA opens doors to seamless collaboration between its platform and Ethereum-based applications, facilitating…
1 year ago
IOTA Ecosystem Unites: Bloom Wallet and Deepr Finance Integration Set to Revolutionize DeFi
Deepr Finance has integrated Bloom Wallet to offer seamless asset management and streamlined processes, including lending and borrowing. The integration will also offer users a smoother, more intuitive interface that harnesses the best of both platforms. Decentralised lending platform Deepr Finance has announced the integration of Bloom Wallet to revolutionise DeFi in the IOTA ecosystem. Deepr released its testnet version early last year on Shimmer and has grown rapidly since. Bloom, on the other hand, is an ecosystem that offers…
1 year ago
IOTA 2.0 Update: Testnet on the Horizon, Infrastructure Progresses
IOTAcore, the node software that runs the IOTA 2.0 protocol, is seemingly ready to be released on a testnet for the first time, one IOTA expert has revealed. IOTA 2.0 will take a bit longer, however, as the team wants everything up and running flawlessly, including the node protocol, NFTs, native assets, wallets, the SDK and more. The IOTA community is eagerly anticipating the launch of IOTA 2.0, which was promised to be this year, as Crypto News Flash reported.…
1 year ago
IOTA Surges Ahead in Government Adoption: Showcases RWAs at UAE Ministry Event
IOTA will be among the official strategic partners of the AIM Congress, the Middle East’s largest investment conference, which will be held in Abu Dhabi next week. The tokenisation of real-world assets will take centre stage, with Dominik Schiener expected to present the IOTA Foundation’s Tokenization Framework as an industry leader. The Middle East has become one of the world’s leading investment destinations, with the region diversifying from its traditional oil business into venture capital, emerging tech such as AI…
1 year ago
LunarChain: IOTA and Shimmer Power LunarStorm’s Leap into Decentralized Web3 Gaming
LunaStorm has announced the launch of LunarChain to bring decentralized gaming experiences into its ecosystem in partnership with IOTA and HAVN, an interoperability network. It will be anchored on multi-utility and cross-chain interoperability, leveraging hybrid technology and offering cutting-edge speed, liquidity and security. LunarStorm, one of the most innovative Web3 gaming platforms, has announced the launch of LunarChain, an innovative blockchain solution targeting the Web3 gaming industry. The platform partnered with the IOTA Foundation and HAVN in its initiative. LunarStorm…
1 year ago
Where Next For IOTA and Mina? Surging SocialFi Crypto Announces New Partnership
In the crypto market, IOTA and Mina have emerged as hot topics due to the recent updates in their networks. While these digital assets are making their headwinds, a new partnership announcement from KangaMoon (KANG) has produced a vibration of delight in the crypto community. The top meme coin, KangaMoon has already been successful in raising $5.7M and is looking forward to reaching the $6 million mark in the next few days. KangaMoon (KANG) Forms New Partnership with RaidSharkBot to…
1 year ago