Researchers from Boston University and MIT released a report on a potential security flaw in IOTA's hash function. IOTA Timelineīitfinex is the first major crypto exchange to list MIOTA, the native token on the IOTA network. But it also remains vulnerable to such global events and news. The reversal is in line with most other cryptocurrencies and means that the IOTA price is likely to go even higher as the cryptocurrency network matures. But as you will see in subsequent sections, the coin's price has since soared to highs of $2.63 recorded on 17 April 2021. It remains the lowest price level for MIOTA to date. As world leaders scrambled to contain the spread of the virus, markets began to tumble and businesses closed down as consumer spending tanked to lows not seen in a long time.Ĭryptocurrencies were not spared, and on 13 March 2020, the IOTA price fell from $0.20 to $0.08. Officially, the world was headed for another recession that looked set to be worse than the economic crisis of 2008/2009. As several countries reported a spike in the disease, governments were forced to outline international travel bans and lockdowns by March. In 2020, as the effect of the coronavirus pandemic hit the global community, economies began to shrink amid a worsening health crisis. In the sections below, we look at some key news and the timeline of events for IOTA. While fundamental growth has played a key role in the price action of MIOTA, key global news and events have also had a fair share of impact on overall price movements. Failure to hold the current support and closing below 200 day EMA can push EOS price down towards the support one of $2.60.Since the IOTA token sale, there have been major developments on the network, with market performance often fluctuating to reflect the prevailing sentiment. We could see a potential move towards $2.70 and $2.80. EOS/USD– Price PredictionĮOS has managed to close successive 4 hour candles above the 200 day exponential moving average (EMA). Bounce from this support zone could push the price up towards $15,900 and a potential move towards $20,000 with some help from BTC. Failure to hold this support can push YFI price down towards $10,400. YFI failed to break out of the head and shoulder pattern and is now approaching a good support zone of $12,300. From long term, XRP looks bullish and a flip of the major resistance at $0.30 to support could trigger a major bull run for XRP. Break of Support 1 can pull the price back towards $0.22. A clean breakout of Resistance1 could push XRP price towards $0.30 USD and $0.33. XRP is swinging between the support of $0.24 and resistance of $0.26. Break of Resistance 1 could catapult IOTA price towards $0.32 and break of Support 1 could push the price down towards $0.23. IOTA has been swinging between the support zone of $0.26 and resistance zone of $0.32. Failure to hold support will pull BTC price down towards the $12,000 support zone. If it can hold this support, we could see a potential BTC price move towards $14,000. There is a small support zone at $13,000. BTC/USD – Price PredictionīTC tapped the price of $13,800 to reach the previous resistance and declined as expected. With this positive news of mainstream adoption, let us review some coins. The involvement of WordPress in blockchain and cryptocurrency could revolutionize the whole content writing sector since WordPress has 60% dominance in the content management network’s market. Website owners can allow swaps using various crypto currencies, including ETH, DAI, BAT, and WBTC. The official WordPress site has pages of plugins linked to cryptocurrencies, such as crypto currency payment portals, price quote widgets, and a platform to launch a decentralized exchange (DEX). Perhaps this news will help push the value of cryptocurrencies even higher, even BTC price. This would ensure that visitors on the website are provided freshly developed content and content creators can rest assured that their work is not copied. This plugin will allow customers to timestamp content on the Ethereum blockchain, thereby providing protection against copyright issues and plagiarism. WordPress, which handles 37% of all sites present worldwide, announces the WordProof plugin, which records data on the Ethereum blockchain (alongside EOS and Telos) which will help developers deal with copyright issues. WordPress, the dominant platform for building websites, has entered blockchain. The biggest platform for building websites is entering the blockchain space.
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