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IOTA News: IOTA Withdrawals Now Possible on Bitpanda - Global Coin Report
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IOTA News: IOTA Withdrawals Now Possible on Bitpanda

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IOTA News
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A new move by Bitpanda will now allow users to make IOTA withdrawals and deposits.

IOTA withdrawals and deposits are now possible on Bitpanda

Bitpanda’s new decision to add IOTA (MIOTA) now allows full withdrawal and deposit functionality. The platform’s decision to include IOTA in its portfolio dates back to June of this year.

However, back then, IOTA was only available within the exchange service’s inner wallet. Now, IOTA news claims that users will be allowed to move their tokens, or withdraw them entirely.

Bitpanda’s recent blog post states that the company is pleased with making this move. Additionally, they used the same blog post to announce their support for IOTA Hub — the project’s latest tech.

IOTA Hub is an exceptional new environment that allows developers to communicate with IOTA protocol in a more efficient way. Bitpanda managed to set it up with the help of IOTA’s own engineering team.

IOTA Foundation’s head engineer, Edward Greve, commented on the partnership by praising the Bitpanda team. He stated that the team is quick and professional and that very little support was needed actually to set up the IOTA Hub. This also means that the Hub itself is easy to understand and use.

While this IOTA news represents a big move for the project, Bitpanda is still only the second exchange to start using IOTA Hub. The first one to integrate it was Upbit, which is already running it.

The part of IOTA community on Reddit was more than curious regarding the implications of the integration. Especially since Bitpanda is still a relatively small exchange, especially when compared to others that are supporting IOTA.

IOTA Hub will make MIOTA easier to use

IOTA is known for being more difficult to use than most other digital assets. It especially poses an issue when it comes to new investors. While some believed that Trinity wallet’s launch might make things easier, this doesn’t seem to be the case. Still, the network’s main goal is to serve the IoT, which is one of the areas where IOTA has had a significant amount of success.

As for Bitpanda, this move seems to be only a beginning for IOTA Hub integration. IOTA expects that many other exchanges will be drawn to their new technology as well, in due time.

If this happens, it will likely drive IOTA volumes up by a significant amount. Using the Hub will likely make dealing with IOTA significantly easier than it was so far, which will also attract additional investors to the coin.

IOTA already has a massive use case, which has helped it grow already. Its growth has also given other exchanges a real incentive for listing the coin on their platforms. Apart from making partnerships with some of the largest carmakers, IOTA also seems to be ready to enter the insurance industry. With each new step, IOTA demands will increase, and some exchanges have already recognized its potential.

Additionally, with each IOTA news that features a new exchange listing, IOTA is getting closer to being considered, and maybe even actually added on the largest exchanges. Coinbase, for example, is the dream for every cryptocurrency out there, and if IOTA gets listed on it, its value would likely go up by several hundred percents.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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The Crypto Space Once Again Divided Over Bitcoin SV

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Bitcoin SV
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The crypto community is a strong one, one that managed to bring digital currencies from nothing to an industry worth hundreds of billions of dollars. However, while its strength in this regard is undeniable, the crypto community can be just as fragile given the appropriate conditions. With that in mind, the conditions seem to have been set for a new divide, although the cause is once again the same — Dr. Craig Wright and his Bitcoin SV (BSV).

Craig Wright vs. the (crypto) world

Dr. Craig Wright, the chief scientist at nChain, and the creator of Bitcoin SV. has been a well-known and very controversial figure in the crypto industry. Wright was suspected of being Bitcoin’s creator several years ago, which is possible because no one knows who is behind the name ‘Satoshi Nakamoto.’

Wright was believed to be him, and one theory claimed that he and his friend were responsible for giving life to BTC. However, the theory quickly died out, but not before Wright seemingly liked the idea of assuming the mantle of Nakamoto. He himself started claiming to be Bitcoin’s mysterious creator ever since.

Of course, he managed to gather up some followers, but the majority of the crypto community — while confused — did not believe him. Luckily, there is no need for trust, and Wright should easily be able to prove that he…

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Are XRP and Ripple Going to Be Worth Anything by the End of 2019?

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Ripple
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One surprise recently was when XRP took over Ethereum’s long-held second place in the Market Cap leaderboards. It quickly went back to its traditional and respectable third place behind Ethereum, but it could be a sign of things to come.

XRP has a lot of clout in the market because of the platform it is based on, which is Ripple. A coin that is used for a very specific purpose and with a long term goal in mind is always going to fare better than others. Litecoin, Bitcoin Cash and others have come about because of disagreements in Bitcoin. Therefore they offer nothing except an alternative to Bitcoin as a pure cryptocurrency, while Ripple (and XRP along with it) has something tangible behind it.

Big Banks Back Ripple

Ripple was created in 2012 for a specific reason. It aimed to become a faster and more efficient method to transfer value between banks and countries. This value can be almost anything from currencies to other instruments. While initially, banks were cautious about investing in the company, recently they have been lining up. The crypto winter has helped with innovation int he industry and Ripple has benefitted immensely for it.

The various payment solutions based on Ripple such as xRapid and xCurrent are seeing a large uptake, and this is having an amazing effect on XRP as a whole.…

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Bitcoin, Litecoin, Ethereum, and Ripple On the Rise

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Bitcoin
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The recent development in the cryptocurrency industry is a rise in price for many of the core digital coins. We believe that the unexpected price hike is due to the renewed interest of the key players in the industry. Many investors, speculators, and traders are rushing into the number one cryptocurrency; Bitcoin like never before. Other altcoins such as Ethereum, Ripple, and Litecoin are not dormant either. The effect of the influx is the soaring prices of the digital coins within seven days.

The price of the crypto leading giant-Bitcoin has increased at 25.74 percent in one week. Ethereum also gained 18.76 percent increase in its price. Litecoin and Ripple also recorded some percentage increase in the tune of 53.20 percent and 16.12 percent respectively. It is no just these few popular coins that have gained in one week. From what we have gathered, 94 digital coins amongst the leading 100 cryptocurrencies are also experiencing the rise in price. This information is according to what TradingView published in April 2019.

According to them also, other cryptocurrencies gained in value while others declined. From their calculations, six digital currencies advanced while ninety-four was on the decline. Also, another information shows that the increase in Bitcoin price has reduced the value of other assets such as bonds and stocks.

The possible reason for the rally

Many people are wondering…

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