IOTA is skyrocketing

IOTA cryptocurrency rose 35% within past 24 hours and 139% within past week and it is still on the rise due to some significant events connected with IOTA crypto
03 December 2017   1158

IOTA cryptocurrency has been showing quite a steay price lately, but on December 3 its price significantly jumped. The currency has shown a 139% during past 7 days and a 35% increase during past 24 hours. The price of IOTA rose from $1,42 on December 2 to $2,2 on December 3 and the market capitalisation of the currency increased from $3,9 billion to $5,5 billion relatively.

IOTA charts december 2017IOTA Charts

Moreover, on December 3 IOTA passed all major cryptocurrencies with 24h Volume on Binance cryproexchange, moving to the 1st place, having reached the volume of more than $53 million a day, which is 3$ million more than Bitcoin did.

Binance markets cryptocurrenciesBinance active markets list

What could lead to such a significant and unexpected price jump of IOTA is that IOTA made an announcement in the official twitter account stating that the IOTA Simulation Environment of a decentralized Smart City Charging Network based on IOTA was released. As it is stated in the annoucement, the environment is able to simulate hundreds of nodes virtually to boost real-world deployment preparations.

At the moment of press, these are main market parameters of IOTA:

  • Average price: $1.92
  • Marketcap: $5 336 559 167
  • 24h volume: $354 563 000

Previously, we reported that IOTA launched first cryptocurrency market for the IoT and that IOTA might introduce e-currency in the future.

IoT Conference to Take Place in Berlin

Bosch ConnectedWorld is the fifth Internet of Things annual conference which will take place on February 21-22, 2018 at STATION-Berlin
22 February 2018   79

Bosch ConnectedWorld is an annual event that celebrates the Internet of Things. Presented by the Bosch Group, the fifth annual conference takes place February 21-22, 2018 at STATION-Berlin.

The conference will host more than 140 speakers on four stages presenting IoT trends and implementations in front of more than 3,500 conference and hackathon participants.

Bosch Connected world conferenceBosch Connected World Conference

Location: STATION-Berlin, Luckenwalder Str. 4-6, 10963 Berlin, Germany
Dates: February 21 – 22, 2018

Through inspiring keynotes, three session tracks, a huge IoT exhibition, a Meet Up stage, a hackathon, and a lot networking opportunities, all the attendees will learn how the Bosch ConnectedWorld experience, and especially IoT, is truly remarkable.

The Headline speakers include Dr. Volkmar Denner, CEO of Bosch; Dr. Dieter Zetsche, Head of Mercedes-Benz Cars; Dr. Frank Appel, CEO of Deutsche Post DHL; Dirk Slama, Chief Alliance Officer of Bosch Software Innovations, and many more.

Moreover, the attendees will be able to experience the latest in Internet of Things (IoT) first hand with over 10,000 square meters of exhibition space, and check showcases from over 80 partners and discover how IoT solutions can bring new business models and revenue channels to life.