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Top cryptocurrency hardware wallets for Ripple

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Some of the most promising cryptocurrency hardware wallet providers for Ripple. Check out the best ripple wallet hardware that are available.

Some of the most promising cryptocurrency hardware wallet providers for Ripple

 

Cryptocurrency wallet is basically a piece of software which stores all the public and the private keys which we use in order to undertake transactions with our cryptocurrencies. It is highly advised that a particular trader, after the completion of trades on any cryptocurrency exchange, store them into his personal cryptocurrency wallet. This is to prevent the losses of the cryptocurrencies, due to the hack attempts on the cryptocurrency exchanges, as one of the most popular sayings goes

“Better be safe, than sorry.”

The decentralization due to the cryptocurrencies has bought the vaults used by the banks to store our funds in our smartphones, computers, as well as other handheld devices. Hardware wallets are synonymous to cold storage devices, unlike the hot wallets (like web wallet and software wallets) they are considered to be one of the safest means to store cryptocurrencies as they are completely disconnected and offline.

 

Below are the top 10 hardware wallet one can use to store the Ripple cryptocurrency:

 

  1. Ledger Nano S

One of the leading Bitcoin security companies in the world is, France based, Ledger. The company has a stronghold in wallet providing the industry with expertise since the year 2014. It is one of the most preferred ways to store Ripple in Nano S wallet for a prolonged duration of time in an easy manner. The key feature of this hardware wallet is that it supports a suite of cryptocurrencies to choose from.

 

  1. XEEDA

It supports the most popular cryptocurrency coins such as Bitcoin, Bitcoin cash, Ripple, Ethereum classic, ERC 20 tokens and others as well. XEEDA ensures a hack-proof as well as a tamper-proof hardware wallet. It also provides an integrated mobile app which can be used for faster access of the encrypted data in the hardware wallet by simply connecting the wallet to the smartphone. Initiating as well as managing Ripple transfers have been made very seamless by this hardware wallet.

 

  1. CoolWallet

Apart from Ripple, the cryptocurrency hardware wallet even supports Bitcoin, Bitcoin cash, Ethereum, and many other popular cryptocurrency coins. It is also certified to be the only hardware mobile wallet for Android and IOS smartphones. The cryptocurrency coins are stored in an EAL5+ certified microchip of the physical device. It can securely communicate with the smartphone with help of the encrypted Bluetooth facility, without any physical USB connections.

 

There are other various cryptocurrency hardware wallets available in the market with which are yet to include Ripple into its portfolio:

  • One of the most popular ones is Bitlox. The credit card form factor hardware wallet is just 4 mm thin, popularly used to store Bitcoins. Even when the wallet has no power supply, its advanced e-paper display technology can show the address QR codes. The hardware wallet can be charged with micro USB of any specification. The 25-gram handheld device internally calculates all the transaction fees and leaves no surprises for the user.

 

  • KeepKey is another most popular hardware wallet which provides the bank level security to our cryptocurrencies. The cryptocurrencies supported by this hardware wallet is Bitcoin, Litecoin, DASH, and Ethereum. It even provides an instant and a secure connection to the cryptocurrency exchange like ShapeShift. The major advantage of this hardware wallet is that it provides the most powerful backup system. The $99 device is easily compatible with operating systems like Windows, Macintosh, and Linux.

 

Closing remarks

When compared to the web wallets, software wallets, as well as the wallets provided by the cryptocurrency exchanges, the hardware wallet proves to be one of the most secure ways of storing the Ripple coins or any other cryptocurrency for that matter. Sustaining in the cryptocurrency market is challenging due to the insecurity that the centralized cryptocurrency exchanges and online wallets providers pose to the investors. Safeguarding our investments solely is our responsibility. Many investors in the field do not opt for Hardware wallets from to the pressure due the free services that the online wallet providers give provide. It is an undeniable fact that hardware wallets provides unmatched security.

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Best Tools to track Cryptocurrency Markets: CryptoCompare, CoinMarketApp, CoinGecko

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There are different websites and mobile applications designed to keep the track of cryptocurrency market, we cover the Top 3 of these.

The cryptocurrency market includes the prices and market capitalizations of different Cryptocurrencies like Bitcoin, Ethereum, Stellar and many others. Currently, there are thousands of cryptocurrencies, markets are 16084 and market capitalization is about $124,123,711,224.

 

There are different websites and mobile applications designed to keep the track of cryptocurrency market, we cover the Top 3 of these:

 

CryptoCompare.com

Known for its high-end API and real-time tick data, CryptoCompare has been serving the cryptocurrency space from 2014.

Founders: Charles Hayter & Vlad Cealicu

CryptoCompare shows real-time data for more than 5300 Coins and 240k trading pairs, enough for an entire overview of the market. Users can see live Order books, historical data, reports, social data and reviews on all cryptocurrencies. The website is very easy to use and is free for everyone.

 

CoinGecko.com

We love CoinGecko because it focuses on tracking community growth, events hosted by teams and open-source code development apart from the usual price tracking, market capitalization and volume traded. It was also founded in 2014.

Founders: TM Lee, Bobby Ong & others

CoinGecko’s team is very dynamic and is very active on social media like Twitter, Telegram & Facebook. They cover more than 260 exchanges with live data and have more than 3300 cryptocurrencies. They are free for everyone to use.

 

CoinMarketApp (Mobile Application)

When it comes to easily track the live prices and your portfolio on your mobile, CoinMarketApp is the preferred choice for most. With live alerts on more than 1400 Cryptocurrencies, the app saves your time and alerts you on every move.

Download on Android

Download on iOS

Apart from cryptocurrency prices, the app lets you manage your portfolio, mining pools, new contracts and the latest news from the crypto industry.

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Cryptocurrency Market Updates: Bitcoin May fall further

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The cryptocurrency market is still facing the same bullish trend today, yet again. Bitcoin price recovered a little with trading around $4300 to $4400.

The cryptocurrency market is still facing the same bullish trend today, yet again. Bitcoin price recovered a little with trading around $4300 to $4400. Yesterday the price of bitcoin fell up to $4190. Ethereum is still trading at a year and a half low of $125. Apart from ethereum, most altcoins are showing small corrections. Bitcoin Cash moved 3% upwards while Monero has moved 4% upwards in the last 24 hours. Bitcoin Gold and Bitcoin Diamond have had good gains for the day with 8% and 16% rise. IOTA is trading at around $0.32 which shows a 6% improvement from yesterday’s price. NEO is up by 5%. However, the small gains are nothing in front of the massive downtrend these altcoins went through in the past couple of days.

 

Cryptocurrency Market Capitalization Improved

The total cryptocurrency market cap yesterday came down up to $136 billion which was the lowest of 2018. In the last 24 hours, cryptocurrency market has managed to add $4 billion in the market capitalization adding to $140 billion. Over the last week, the cryptocurrency market had lost over $40 billion and over the last month, around $70 billion have been erased from the cryptocurrency market capitalization which is yet to be recovered.

 

Bearish predictions for bitcoin

While the market cap is trying to recover the price predictions for bitcoin still remain bearish as many cryptocurrency analysts have predicted that the only support after the current significant support of $4000 is at $3000. So if the price drops below $4000, it will definitely reach down to $3000 after which the price is expected to recover.

 

The overall situation of the market is still harsh as there is no major recovery from the massive losses that occurred in the past few days. What do you think about the bitcoin predictions being made by crypto analysts? Tell us in the comments section below.

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Bitcoin Cash Hard fork screwed the whole cryptocurrency market

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Whole cryptocurrency market is suffering because of the continues wars going on between ABC and SV which has created a bad reputation of the crypto space.

The original Bitcoin Cash split into Bitcoin ABC and Bitcoin SV during the hard fork but no one is sure to weather BCHSV or BCHABC will survive in the market as the hash wars still continue. The hard fork has lead to an uncertain future of Bitcoin Cash and also screwed the whole cryptocurrency market. The Price of both the new coins is on a continues decrease where Bitcoin Cash ABC values at around $226 and Bitcoin Cash SV values at around $76.

 

Cryptocurrency Market Crash

The whole cryptocurrency market is suffering because of the continues wars going on between the two teams which have created a bad reputation of the crypto space to the newbies. At this time when more and more institutional investors were entering into the cryptocurrency space, the hard fork has created a feeling of Fear, Uncertainty and Doubt amongst them.

 

BTCUSD yearly chart

BTCUSD yearly chart

 

As the hard fork started, the entire cryptocurrency market faced a downfall where all major cryptos are on a 6 month low with bitcoin trading around $5200 that is a yearly low for the most dominant cryptocurrency. The decline is the price has created fear in the minds of investors who are now talking about capitulation.

 

Should Craig Wright be blamed?

Craig Wright who claims to be the real Satoshi Nakamoto and the founder of the original bitcoin has been funding his side of the war using BTC. Cryptocurrency enthusiasts around the world are criticizing Craig Wright and also calling him a lier.

 

 

The local media’s role

The real reason behind the rise of cryptocurrency and blockchain was the mass adoption by people who heard about it through local media. At that time, the local media described bitcoin and other cryptocurrencies as the future of money explaining the decentralized nature of such currencies, but now due to the wars within the cryptocurrency ecosystem, the local media has started to criticize cryptos and people have started to lose faith in the crypto market.

If the amount of money being used in such hash wars would have instead been used for the development of the crypto ecosystem with advancements such as lightning network, the market could still be flourishing rather than being on the verge of getting sunk.

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