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What to Expect from IOTA (MIOTA) Partnerships This Year?

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IOTA, ranked among the top ten best coins on the global coin ranking list, has been the center of attention for the past couple of weeks as it scored an important partnership with the largest financial group in Norway. Also, IOTA has been crafting plans to integrate IOTA’s Tangle with Volkswagen technology in order to revolutionize the industry of vehicles and bring the Internet of Things to the automotive industry.

With these two partnerships, alongside with more than several important partnerships that IOTA sealed prior to having the integration of Tangle into Volkswagen’s products arranged and agreed upon, it seems that IOTA foundation is heading for a fruitful year.

Volkswagen to use IOTA for Connected Car System in Early 2019?

Back on June 12th, one of IOTA’s followers on Twitter social network, directly asked IOTA’s co-founder with posting his question publically whether is it true that Volkswagen will integrate IOTA for Connected Car system already in 2019.

The question was soon answered by the co-founder of IOTA, Dominik Schiener, where he stated that Volkswagen has announced that they will be using IOTA as integration for their first product under the mentioned project already in early 2019.

The co-founder of MIOTA stated that Volkswagen has stated this live and onstage, so it is presumed that the first product with the integration of IOTA’s Tangle will become a reality already in the first months of the next year of 2019.

Ever since the Volkswagen’s CDT joined the Advisory Board of IOTA with the Volkswagen partnership being seal back at the beginning of 2018, in January, IOTA seems to have taken the progress of the Internet of Things more than seriously, and that is why we can see MIOTA thriving in the domain of mass adoption and the integration of its technology for different real-life purposes.

IOTA has already gotten the first-ever crypto charging station for electric vehicles in the Netherlands, however, with Volkswagen it seems that the development of the Internet of Things with IOTA’s Tangle comes at a faster rate.

That is how we can expect to see a lot more to come from MIOTA and Volkswagen in the time to come, while many people, crypto enthusiasts or not, are waiting to see IOTA in the working once Volkswagen releases their first crypto driven product, as scheduled for early 2019.

IOTA and DnB Partnership

Another one of the most recently acquired partnerships that could easily boost the development of MIOTA in the market alongside with Volkswagen, is the newest agreement co-signed with Norway’s largest financial group – DnB.

The partnership was announced back at the beginning of June, while DnB showed interest in blockchain-based technology and crypto assets numerous times before in initiating the partnership with IOTA.

However, although the agreement between the two parties was signed, it is not clear under which terms will DnB using IOTA’s technology, but is for sure that IOTA will somehow be integrated into the payment system of Norway’s largest financial group in the following months.

What is known for now is that DnB will be using the Distributed Ledger Technology as well as exploring their possibilities with IOTA.

The CEO of IOTA has stated that Norway always showed “vanguard” tendencies towards adopting and exploring new technologies, stating that they are happy to have become partners with DnB.

The CEO of the 9th-largest currency, however, hasn’t talked about the main motive of the sealed partnership, leaving the public to wait for probably another revolutionary announcement coming from this blockchain-based foundation.

Perhaps, the relation between DnB and IOTA will also become clearer in 2019, that way bringing IOTA more momentum in the terms of already reaching the spotlight with Volkswagen’s Connected Car project that will be using IOTA and Tangle for creating a significant bond between vehicles and the Internet of Things.

IOTA (MIOTA) Performance

IOTA is catching on the negative market trend that has become active since yesterday, on June 21st around noon.

At the moment of this writing on June 22nd, MIOTA can be seen dropping against the dollar by over -10%, while it can be traded at the price of 1.03$ per one unit.

IOTA is still far from its all-time high of around 5$, but never too far, which probably showcases a flattering level of stability that MIOTA has acquired in the market.

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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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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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