https://blog.bitpanda.com/ Bitpanda Blog 60 Bitpanda Blog
Why do I need to disclose the origin of my funds as a Bitpanda user?
<p><strong><a href=”https://blockads.fivefilters.org”></a></strong> <a href=”https://blockads.fivefilters.org/acceptable.html”>(Why?)</a></p>Wed, 31 Mar 2021 08:00:48 +0000Bitpanda en text/html https://blog.bitpanda.com/why-do-i-need-to-disclose-the-origin-of-my-funds-as-a-bitpanda-user/ News Bitpanda Cryptocurrency Fiat en
Bitpanda will fully support the IOTA Chrysalis update
https://blog.bitpanda.com/bitpanda-will-fully-support-the-iota-chrysalis-update/ 6061c527f47b11003b6c60aa <div><img src=”https://blog.bitpanda.com/content/images/2021/03/bitpanda-will-fully-support-the-iota-chrysalis-update-bitpanda-blog-en.png” class=”ff-og-image-inserted”></div><p><em>Read this article in <a href=”https://blog.bitpanda.com/de/bitpanda-wird-das-chrysalis-update-von-iota-vollstandig-unterstutzen/”>German</a>, <a href=”https://blog.bitpanda.com/fr/bitpanda-supportera-entierement-la-mise-a-jour-du-reseau-iota-chrysalis/”>French</a>, <a href=”https://blog.bitpanda.com/es/bitpanda-apoyara-completamente-la-actualizacion-chrysalis-de-iota/”>Spanish</a>, <a href=”https://blog.bitpanda.com/tr/bitpanda-iota-chrysalis-guncellemesini-tam-olarak-destekleyecek/”>Turkish</a>, <a href=”https://blog.bitpanda.com/it/bitpanda-supportera-completamente-laggiornamento-chrysalis-di-iota/”>Italian</a> or <a href=”https://blog.bitpanda.com/pl/bitpanda-zapewni-pelne-wsparcie-chrysalis-aktualizacji-sieci-iota/”>Polish</a>.</em></p><p>We are pleased to let you know that we will fully support the IOTA Chrysalis update. This means that as a user holding IOTA on Bitpanda, there’s nothing for you to worry about – we will take care of everything. Read on to find out more about Chrysalis, the most extensive upgrade in IOTA’s history.</p><p>With its launch in June 2016, <a href=”https://blog.iota.org/iota-chrysalis-a-new-dawn/”>IOTA</a> introduced the world’s very first distributed ledger based on a directed acyclic graph (DAG) called the <a href=”https://www.bitpanda.com/academy/en/lessons/what-is-iota/”>Tangle</a>. With a design unlike any other in the industry, the Tangle was created to combat rising costs and power consumption by removing miners and fees. In short: IOTA’s goal is to bring the blockchain space and the Internet of Things (IoT) to the next level.</p><h3 id=”the-iota-project”>The IOTA project</h3><p>The greater vision behind the IOTA project extends further, aiming to transform entire industries. This includes the automotive industry through to supply chains and to personal identity, by enabling devices to exchange value, information and digital assets with each other autonomously and automatically. After a number of setbacks involving technical flaws as a result of IOTA’s nascent status, IOTA set out to improve and reinvent the project. </p><h3 id=”what-is-chrysalis”>What is Chrysalis?</h3><p>Chrysalis is the most extensive update in the history of the IOTA network that will involve all aspects of IOTA’s protocol, software implementations, wallets and libraries. As part of the Chrysalis update, IOTA will undergo a fundamental and natural transformation towards a more mature network in several steps. </p><p>The new Chrysalis network is geared towards supporting a broad range of new use cases. The upgrade will also <a href=”https://coordicide.iota.org/post-coordinator”>lay the foundation</a> for IOTA’s <a href=”https://coordicide.iota.org/”>Coordicide</a>, ringing in the much-awaited end of the Coordinator, a greatly disputed IOTA component used to approve transactions in the ledger and to protect the network from attacks. </p><h3 id=”what-happens-with-my-iota-on-bitpanda”>What happens with my IOTA on Bitpanda?</h3><p>If you are a user holding <a href=”https://www.bitpanda.com/en/prices/iota”>IOTA on Bitpanda</a>, you don’t have to worry, as we will migrate your tokens to the new network and there is nothing you need to do. We will let you know on our social platforms when we need to disable deposits and withdrawals for the duration of the update; trading however will not be affected. </p><p>You can find more information on IOTA including the latest development status of Chrysalis <a href=”https://blog.iota.org/dev-status-update-march-2021/”>here</a>.</p>
<p><strong><a href=”https://blockads.fivefilters.org”></a></strong> <a href=”https://blockads.fivefilters.org/acceptable.html”>(Why?)</a></p>Tue, 30 Mar 2021 09:30:15 +0000Bitpanda en text/html https://blog.bitpanda.com/bitpanda-will-fully-support-the-iota-chrysalis-update/ News Cryptocurrency Trading en
Is Bitcoin a hedge against inflation?
https://blog.bitpanda.com/is-bitcoin-a-hedge-against-inflation/ 60618a3bf47b11003b6c5f95 <div><img src=”https://blog.bitpanda.com/content/images/2021/03/bitcoin-inflation-en.png” class=”ff-og-image-inserted”></div><p><em>Read this article in <a href=”https://blog.bitpanda.com/dient-bitcoin-als-inflationsabsicherung/”>German</a>, <a href=”https://blog.bitpanda.com/fr/bitcoin-une-couverture-contre-linflation/”>French</a>, <a href=”https://blog.bitpanda.com/es/es-el-bitcoin-una-cobertura-contra-la-inflacion/”>Spanish</a>, <a href=”https://blog.bitpanda.com/tr/bitcoin-enflasyona-karsi-bir-onlem-mi/”>Turkish</a>, <a href=”https://blog.bitpanda.com/it/bitcoin-e-una-copertura-contro-linflazione/”>Italian</a> or <a href=”https://blog.bitpanda.com/pl/czy-bitcoin-jest-zabezpieczeniem-przed-inflacja/”>Polish</a>.</em></p><p>Are rising inflation rates a cause for concern for investors, and is Bitcoin a possible hedge against inflation? As the economy recovers from the pandemic, economists are expecting higher inflation rates than in previous years. Inflation forecasts have already caused increased volatility in the markets and uncertainty is also visible among investors: In a survey of fund managers published by the Bank of America in March, <a href=”https://www.cnbc.com/2021/03/16/investors-now-fear-inflation-and-the-fed-more-than-covid-bank-of-america-survey-shows.html”>inflation emerged as the number one extreme risk</a>.</p><p>Are these fears of high price increases justified? The European Central Bank expects an inflation rate of 1.5% this year – 0.5% more than previously assumed. In some months, inflation could even reach 2%.</p><p>In Austria, the Austrian National Bank estimates an increase of 1.4% in 2021 and 1.7% for each of the two subsequent years. The International Monetary Fund even anticipates inflation rates of 2% for 2023 to 2025. The situation is similar in Germany, where economic experts expect an inflation rate of 2.1% for 2021 and 1.9% for next year. In the USA, the Federal Reserve even expects an inflation rate of 2.4% for 2021. In addition, there are numerous other calculations that predict rates of more than 3%. <br></p><p>The latest forecast by the US Federal Reserve caused a short-term rise in the price of gold in March, as this precious metal is considered a popular means of hedging against inflation. As Bitcoin is increasingly being compared to gold as an investment, many investors are currently asking themselves, given the expected inflation, whether now is the right time to counteract currency devaluation with Bitcoin.</p><p>In any event, gold cannot keep up with Bitcoin’s price increase of almost 900% over the past twelve months. Even though the precious metal recorded double-digit growth rates in the first months of the pandemic, demand for gold is at a low level in view of the inflation forecasts. Opinions are divided on whether Bitcoin and other cryptocurrencies are actually suitable as inflation hedges. Some analysts and banks see no comparison to precious metals when it comes to value protection. Others believe that the Bitcoin price could rise in parallel with inflation, <a href=”https://www.bloomberg.com/news/articles/2021-03-17/is-bitcoin-an-inflation-hedge-the-opposite-effect-could-happen-in-recession”>but that these developments do not depend on one another</a>.</p><p>As a young, digital asset, Bitcoin lacks long-term monitoring of price trends in relation to inflation, as is the case with gold and other assets. Bitcoin advocates see the currency as resistant to devaluation compared to traditional currencies. This is because while money can theoretically be “printed” infinitely, the total number of bitcoins is limited to 21 million.</p><p>Looking at the development of gold and Bitcoin, the past year has probably changed some of the rules. This also makes it difficult to make a definitive statement about inflation hedging. One could also look at the long-term establishment of Bitcoin as an asset from other angles: More and more institutional investors are including the digital currency in their portfolios – and in considerable quantities. According to current information, Grayscale Ventures is reported to have around <a href=”https://markets.businessinsider.com/currencies/news/grayscale-bitcoin-trust-largest-public-holder-competition-increasing-osprey-2021-3-1030221296″>700,000 bitcoins in its Bitcoin Trust</a>, which would correspond to 3.5% of the total amount. However, it is not only investment funds, but also corporations that are buying Bitcoin, thus reinforcing the long-term nature of this young asset class.</p>
<p><strong><a href=”https://blockads.fivefilters.org”></a></strong> <a href=”https://blockads.fivefilters.org/acceptable.html”>(Why?)</a></p>Mon, 29 Mar 2021 13:06:46 +0000Lukas Enzersdorfer-Konrad en text/html https://blog.bitpanda.com/is-bitcoin-a-hedge-against-inflation/ News Gold Bitcoin en