The crypto markets seem to have kicked off a fresh rally as the prices of the majority of them have surged by a large margin.

IOTA price fell for two consecutive days, erasing some of the gains made late last week, as token holders initiated a key governance vote. IOTA (IOTA), a leading distributed ledger network, dropped to $0.

Is IOTA price on the brink of a massive collapse, or will it find support and stage a recovery?

The cryptocurrency market has declined 3.6% to $3.4 trillion, with Bitcoin struggling amid downside pressure near $93k. BTC dominance has 54.2% as the benchmark asset's market cap hovers around $1.85 trillion. Meanwhile, the top altcoins Ethereum, XRP, BNB and Solana have witnessed corrections to key support areas.

Popular layer-2 cryptocurrencies like EOS, IOTA, and Hedera Hashgraph were among the top gainers on Friday as Bitcoin found resistance at $97,000. EOS (EOS) surged to $0.

Crypto market today showed bullish momentum as Bitcoin (BTC) crossed $95K after dipping to $92K. Stellar (XLM) emerged as the top gainer, surging 26% in the last 24 hours.

Continues our analysis of the crypto world, in particular the assets we will analyze today are: XRP, IOTA, and XLM. Market statistics of the crypto XRP, IOTA, and XLM XRP, currently traded at 2.17 USD, ranks as the fourth most popular cryptocurrency, with a market capitalization of 124.7 billion dollars.

IOTA (MIOTA), a cryptocurrency designed to power the Internet of Things (IoT), has garnered significant attention due to its unique architecture, called Tangle, which sets it apart from traditional blockchain-based cryptocurrencies. As of now, IOTA is priced at approximately $0.315, with a market capitalization exceeding $1.12 billion.

Santa Claus rally happened in the crypto industry as some big altcoins experienced double-digit gains. Pudgy Penguins (PENGU), the recently airdropped token, soared by 40% on Dec. 24, bringing its market cap to $2.26 billion.

IOTA has announced change in its tokenomics model, leading to a 8% price surge and bullish analyst sentiments.

Key improvements of the upcoming IOTA Rebased upgrade include increased scalability, enhanced security measures, and a new tokenomics model with staking rewards. The post IOTA Community Gives Green Light to Rebased Protocol Upgrade appeared first on Cryptonews.

Omni Network has launched its Core mainnet, aiming to unify Ethereum's fragmented layer-2 ecosystem by enabling seamless cross-rollup interactions.

The Omni Network debuts its Core mainnet to address Ethereum's rollup fragmentation challenges, introducing a unified platform for cross-chain communication and enhanced DeFi development.

The protocol seeks to unify the fragmented Ethereum Layer 2 ecosystem by facilitating cross-chain communication and interoperability.

Blockchain gaming is emerging as the next big thing in crypto, and analyst VirtualBacon believes the sector is massively undervalued. While categories like Layer-1 blockchains, AI, and meme coins have seen notable gains, gaming tokens remain at bear market dominance of just 0.4%.

IOTA price experienced a harsh reversal this week, becoming one of the worst-performing top-100 cryptocurrencies. IOTA (IOTA) has declined for four consecutive days, reaching a low of $0.3400, down 46% from its year-to-date high.

IOTA (MIOTA), a cryptocurrency centered on the Internet of Things (IoT), has garnered attention due to its unique distributed ledger technology that facilitates seamless, low-cost transactions between devices connected to the internet. IOTA's vision of powering smart cities, automating industries, and supporting global trade has made it a prominent player in the crypto space.

SUPER remains in bullish territory, backed by strong market sentiment.

After months of consolidation, CHZ may be ready for a significant price breakout.

IOTA has recently captured the attention of the cryptocurrency community, with its price making a dramatic upward move. Since November 2024, the token has experienced an explosive 250% surge, mirroring the broader bullish trend in the market.

IOTA Network's $IOTA is in the midst of a sweltering price surge. The coin rallied 67.5% in the last 24 hours and 141% in the last seven days to hit $0.5641, the highest price $IOTA has traded at since May, 2022. An announcement yesterday appears to be driving $IOTA's rocket ride.

Today, IOTA price has surged by over 60% to tap $0.5756, marking the first time it has crossed the $0.50 threshold since May 2022. The price surge has captured the attention of most traders and investors, with many projecting that more is yet to come after the $0.5 breakout.

Nike-owned RTFKT is winding down and Chiliz CEO Alexandre Dreyfus expressed the platform's intentions to bid on RTFKT's assets.

TL;DR IOTA has launched a crucial vote to decide on the implementation of the Rebased protocol, aimed at improving the network's scalability, decentralization, and efficiency. Rebased introduces Move-based smart contracts, a dPoS model with 150 validators, and the Mysticeti protocol capable of processing 50,000 TPS.

On December 3, Tuesday, IOTA price surged 60% on the back of a crucial network update. This massive rally is in line with the veterans like Ripple (XRP) and Stellar Lumens (XLM).

IOTA, the native cryptocurrency of an open-source Distributed Ledger Technology (DLT) platform, has emerged as the top-performing altcoin in the last 24 hours. During this time, the asset's value surged by 40%, and it is now trading at $0.48.

On Nov. 3, IOTA led gains among the 100 largest cryptocurrencies by market cap as developers initiated voting for the Rebased upgrade. IOTA (IOTA) rose 46% in the last 24 hours to a six-month high of $0.

IOTA is gaining momentum! If it manages to close above $0.45 in the daily charts, we could see potentially hitting the $0.70 mark.

IOTA's price action over the next few days could be very interesting.

Another altcoin season is about to dawn on the cryptocurrency market when rival cryptocurrencies outperform established coins and draw investor attention. A small number of cryptocurrencies are likely to lead the next market explosion as blockchain technology develops and popular acceptance rises.

Monday started with blood on the cryptocurrency market. According to data from CoinGlass, more than $500 million in long and short positions in crypto asset futures were liquidated over the past 24 hours.

According to the firm, the development of the mainnet is already 95% complete.

November has been a standout month, with multiple assets reaching new highs. Real World Assets (RWAs) are no exception.

Story Highlights The live price of the Chiliz token is . Chiliz price could soar to a maximum of $0.15 by the end of 2024. CHZ price with a potential surge could go as high as $2.67 by the end of 2030.

The program will last for 30 days and points will be convertible to Arkham's native token, ARKM.

With Donald Trump's win in the 2024 US elections, the crypto market is experiencing a fresh rally — and AI coins are not being left behind. This week, a number of these AI-focused tokens have seen notable price increases and a surge in investor interest.

Binance announces the cancellation of the planned fourth airdrop snapshot for Chiliz (CHZ) holders, affecting the distribution of 1000PEPPER tokens.

Story Highlights The live price of the IOTA coin is . The IOTA price could reach a maximum of $0.365 in 2024. IOTA price with a potential surge, may reach a high of $3.01 by 2030.

Chiliz chief strategy officer Max Rabinovitch recently discussed Ethereum co-founder Vitalik Buterin's efforts to address centralization in Ethereum's validation structure. In an interview with crypto.

Chiliz has announced that its SportsFi platform, Socios.com, has received preliminary approval from the Malta Financial Services Authority (MFSA) for a Class 3 Virtual Financial Assets Act (VFAA) license, allowing it to provide digital asset services.

While Class 3 license holders cannot operate a VFA exchange, Socios.com will provide various VFA services, including asset custody.

Socios.com secures Malta's in-principle approval for a class 3 crypto license.

A Class 3 VFAA license would allow Socios.com to provide any digital asset service and hold or control clients' assets as they provide a virtual financial asset service.

Just in time for the second half of ‘Uptober', the month that historically sees the best performance of the cryptocurrency market, professional crypto analyst Michaël van de Poppe has readjusted his holdings. The expert, who believes that the bull market still has a ways to go, has been investing in altcoins after divesting from Bitcoin (BTC) back in May.

Bitcoin surged to a seven-day high of $64,300, gaining 2.5% following China's announcement of economic stimulus measures. This positive sentiment came after Bitcoin briefly dipped below $60,000 last week due to market volatility and concerns over rising US CPI data. Despite these challenges, Bitcoin has bounced back strongly.

SuperVerse (SUPER) surges 11.62% as it eyes key resistance at $1.59 for a breakout.

Cryptocurrency Prices Today, October 16: The broader market's movement on Wednesday sparked mixed speculations globally. While Bitcoin (BTC) price topped the $67K level over the past day, top altcoins mainly illustrated a volatile movement.

The global crypto market staged a recovery last week, posting a 2.79% increase and closing with a market capitalization of $2.21 trillion. This surge added $60 billion to the market's overall valuation.