Search Results for: dogecoin

Ripple’s XRP Price Prediction: $0.34 Could be Surpassed After “Golden Cross”

August 6, 2020 by Utkarsh Gupta

Ripple’s XRP is currently a hot topic for the industry. After the decline on 1st August, most of the top assets registered significant dips but XRP has been able to recoup its value at press time. The valuation dropped from $0.32 to $0.25 but at the moment, it was worth around $0.30.

With the market consolidating all around, XRP might be heading towards another positive breakout in the charts. CoinmarketCap indicated XRP’s market capitalization to be at $13.75 billion, with a trading volume of $2.3 billion over the past 24-hours.

XRP Daily Chart

A couple of positives can be taken from the above chart of XRP. Firstly, the token successfully moved past the resistance at $0.22 in the charts after a bullish Adam and Eve pattern was recognized in the market. An adam and eve chart pattern is a long-term shape that usually signifies the positive growth of a token. After moving past $0.22, the breach past $0.246 and $0.284 seemed like a formality for XRP.

However, after the recent collapse of 1st August, the rally was halted between the range of $0.284 and $0.340. At the time of writing, it seemed like XRP is probably going to stop at its current range but keeping an eye of the 50-day moving average, there is a possibility, the token is on its way above $0.340.

The chart exhibits the movement between 50-day Moving Average and 200-day Moving Average and considering 50-day MA moves above 200-day MA, a golden cross will be completed. The bullish momentum received from the golden cross might ignite XRP’s movement again, allowing the token to go above $0.340.

XRP hourly-chart

Now, according to the one-hour chart, XRP continues to face resistance at $0.325 as Fibonacci resistance is strong at this point. Direct support at $0.288 suggested that a move below this range will be considered bearish.

For XRP, it is important to maintain a price above the support, so that the current build-up towards the completion of the Golden Cross is not abrupted by a sudden drop in price.

Cryptocurrency Won’t Replace Cash Anytime Soon, and Here’s Why!

July 30, 2020 by Vaigha Varghese

The world of cryptocurrencies is wide and vast, revealing a glimpse of what future markets are going to be like. It’s really an exciting prospect, but I think we’re a long way off from seeing it become a reality. It’s hard to predict if, when, or how new technology will hit a mainstream audience.

Remember, people thought Virtual Reality, Flying Cars, Online Slots, and Fusion Reactors were going to be available in every home by 2015, but here I am in 2020, still waiting for my fusion-powered flying car with VR support. All jokes aside, I really don’t think Cryptocurrencies are going to reach a mainstream audience for a long while yet, and it all has to do with “convenience.”

What is Cryptocurrency?

In case you don’t know, Cryptocurrency is a virtual currency that is secured by what’s known as Cryptography, the science of securing digital files. This security prevents people from infinitely duplicating, double-spending, or counterfeiting their Cryptocurrency. The validity of Crypto wallets is maintained by “Blockchains.” Blockchains are lists maintained across multiple computers that keep track of who has how many coins. With each transaction, the computers in the blockchain check each other’s listings to ensure the exchange is valid, and the lists are updated across the board. It’s very clever, actually.

There are a lot of advantages to a completely digital currency that’s maintained like this. Governments can’t play games with it, and the decentralization of the blockchains provides a degree of autonomy, anonymity, and accessibility. Cryptocurrencies are limited in quantity algorithmically, and the currency is highly resistant to inflation.

In theory, you can access and use cryptocurrencies anywhere in the world, without having to convert between legal tender. By its nature, there’s no need to use a bank or credit card company to handle the transaction of your currency, because it’s all digital and secure. Transactions between two parties can be done directly.

In theory.

Why I don’t Think It’ll Hit the Mainstream… yet

In spite of all those advantages, I still don’t think that Cryptocurrencies will be replacing traditional currency anytime soon. The most significant indicator of whether or not something will reach a broad audience is its ease-of-use. We, humans, are lazy creatures that love the path of least resistance.

Just look at the difference between technology from ten, twenty years ago and now. Phones evolved from brick-sized landlines to slim, pocket-sized smartphones. Video games went from a nerdy niche to something that even politicians do in their spare time. Books became audiobooks. Cars park themselves. Technological advancement is about streamlining the ease of use so that a wider audience can take advantage of it.

For comparison, let me provide another example of a technology that’s still in its infancy and has yet to reach a broader audience: Virtual Reality.

Now, companies like Oculus and the HTC Vive are pretty successful, but they have yet to reach that mainstream audience, even in the gaming world. Did you know that VR helmets have been around since the nineties? Despite that, VR helmets have only started gaining traction in the past five or so years. They require a lot of room, the helmets themselves are bulky, the games available are limited, and the price point just isn’t low enough for the average consumer to invest in quite yet.

I see cryptocurrencies in a similar way. The ease-of-use just isn’t there yet for Joe Shmoe off the street to be interested. Paypal accomplishes a lot of the same benefits without being tied to a volatile currency. Bitcoin, the most well-known Cryptocurrency, goes for over nine-thousand dollars per coin. At the moment. That’s not exactly pocket change for Joe Shmoe. And if the price-per-coin suddenly drops, as cryptocurrencies at the moment are volatile enough to do, Joe Shmoe could end up losing thousands of dollars by doing absolutely nothing.

It all ties back to ease of use. You can’t go to the grocery store and buy some cabbages with Bitcoin. Until it becomes more convenient to use, and when it becomes safe enough for Joe Shmoe to stash his money away in an account as a cryptocurrency, maybe then it’ll become more widely accepted.

Until then, I think the average guy on the street will just see it as another intangible thing that investors and brokers magically make money off of—professional, high-brow gambling.

But who knows. Maybe I’ll be surprised when, five years from now, the Grand Mighty Mystic Poobah of Earth instates Dogecoin as Earth’s Legal Tender. You never know.

Binance Head Negative to Cryptocurrencies Pumping to Fresh Heights

July 9, 2020 by Richard M Adrian

The crypto-currency community has been betting on version 2.0 of the altcoin season. Back in March, a team of researchers at Binance suggested that the crypto market might be approaching the Alt season. A situation where alternative cryptocurrencies (altcoins) pump hundreds of percentages and outperform the leading crypto, Bitcoin.

Well, it’s worth noting that the final alt season took place between 2017 and 2018 after bitcoin hit below-34%. The 6th of March Binance Research Paper hinted at renewed activity across the Altcoin industry. However, Binance CEO Changpeng Zhao recently came out claiming the anticipation that all altcoins are going to rally is too optimistic and should be dismissed by far.

Not all alts will pump during the next #altszn. If a project has been around for 3 years but not much to show for, then…

A few that have consistently pushed development will thrive.#BUIDL

— CZ 🔶 BNB (@cz_binance) July 8, 2020

Hot Anticipation of Alt Season in Third Quarter of 2020

Of course, a number of traders expect altcoins to gain by the third quarter of 2020. Looking at several altcoins, including Dogecoin, ChainLink and Cardano, reveals a frantic effort to take over the price charts.

Among the list, however, only Dogecoin has made gains in excess of a hundred percent. LINK scored at least 6.11 percent on the 24-hour price chart, while Cardano pumped at least 26 percent. Both hit a market price of $5.99 and $0.13 respectively. In addition, the market dominance of Bitcoin still stands at 63 percent.

Low Bitcoin Trading Volume in February

The basis of Binance Team Research back in March was a huge decline in the dominance of Bitcoin’s trading volume back in February. After that, it plunged from 40% to 27%. In fact, the researchers suggested that if the bearish trend were to continue, the high appetite for trade-in altcoins would definitely be rooted.

However, while the market can predict a surge across the following altcoins; Dogecoin, VeChain, Icon, Cardano, 0x and Cosmos; not all altcoins will pump. This is also according to a tweet from Binance CEO, an opinion backed by other industry followers such as Jason Calacanis-an investor in Robinhood and Uber. Who, however, claims that at least 99 percent of altcoin projects have no merit.

Meanwhile, according to CoinmarketCap the cryptocurrency market capitalization stands at $271.3 billion.

Bitcoin Search Interest Spikes in Africa and South America

June 17, 2020 by Arnold Kirimi

Google trend information recorded by Blockchaincentre.net shows that the Bitcoin search interest is concentrated in Africa and South America worldwide through the internet. Kenya and Brazil lead in global search interest for cryptocurrency, with 94.7 percent and 92.6 percent respectively, according to the results.

Bitcoin Search interest in the African continent

The data means that in the cryptocurrency industry, both Africa and South America could potentially become critical players.

The site ‘s data map, claims that Bitcoin search interest dominates Africa. According to the data, 94.7 percent of Google searches are dominated by East African nation, Kenya, for all cryptocurrencies in the world, including Bitcoin, Bitcoin Cash, Cardano, Dogecoin, Ethereum, IOTA, Litecoin, Monero, XRP, and Tron,

African countries follow the trend in Africa with 89.4 percent and 89 percent respectively, Nigeria and South Africa follow. The speakers of the Nigerian House of Representatives proposed a firm regulatory structure for the digital currencies in the West African nation back in July 2019.

Additionally, the cryptocurrency industry is also becoming serious about South Africa, which owns about 13 per cent of the continent’s crypto-wealth. In April, the financial watchdog of the country released a policy paper stating that virtual assets and industry-wide activities “can no longer remain outside the regulatory perimeter.”

Bitcoin, the answer to COVID-19?

In the top ten countries with the highest search interest in bitcoin, four nations represent South America compared to the three in Africa. Brazil leads with a Bitcoin interest search of 92.6 percent in South America; followed by Chile and Ecuador with approximately 89 per cent. Argentina comes last with 87 per cent interest among the continent ‘s top ten.

Additionally, the COVID-19 pandemic appears to have triggered interest in the countries mentioned. Back in April, P2P bitcoin trading volume reached record high in Argentina , Chile and Venezuela. Nevertheless, in the top ten nations with the highest bitcoin search interest on the map, Venezuela has been unable to make it.

Crypto Twitter Community Loves Elon Musk’s Attempt to Explain Bitcoin to JK Rowlings

May 18, 2020 by Arnold Kirimi

British author of the popular Harry Potter series of novels, J.K. Rowlings asked for an explanation of Bitcoin on Twitter. Despite the attempts by the crypto Twitter community to educate the author on Bitcoin through memes, links and other materials, she was still not convinced. To much delight, the CEO of Tesla, Elon Musk joined the conversation, principally agreeing with the author that it is difficult to understand Bitcoin.

After starting global waves over the name of his son, Tesla CEO Elon Musk has created sparks again on the internet after his attempt to explain Bitcoin to J.K. Rowlings. Immediately after Rowling’s tweet, the crypto Twitter community flooded the thread offering their insights to the renowned author and her 14.6 million followers.

Ethereum founder joins Crypto Twitter community

Among the respondents to Rowling’s tweet was Ethereum co-founder Vitalik Buterin. According to Buterin, Bitcoin is:

“Basically global digital payments, plus the store of value properties of gold, all with 21st century cryptographic tech to keep the whole thing running safely.”

Additionally, Gemini which is owned by the Winklevoss brothers also responded to the author’s tweet. The New-York based crypto exchange noted that unlike the popular sentiment, BTC is not ‘magic money’. As the discussions heated up, with popular figures in the cryptocurrency industry offering to help, Tron’s Justin Sun offered to send 1BTC to Rowlings. He tweeted:

“I can send you 1 bitcoin. Seeing is believing … Just imagine a magic coin (bitcoin) Dumbledore doesn’t understand (like Warren Buffett) but Harry Potter is fascinated about it.”

Nevertheless, despite the multiple attempts to explain Bitcoin to Rowlings, she admitted that she is still confused and even gave up hope of ever understanding the most popular digital currency: “God bless every single one of you now earnestly explaining bitcoin to me as though I’ll grasp it if you break it down properly. Things like this are white noise to me,” Rowling admitted. “I cannot and will not ever understand Bitcoin, but I love you for thinking that I can or will.”

Still confused? Steps up Tesla CEO Elon Musk

Among the respondents attempting to explain the concept of Bitcoin to the Harry Potter Author was Tesla CEO and SpaceX founder Elon Musk. Musk responded: “Massive currency issuance by govt central banks is making Bitcoin Internet money look solid by comparison.” He added, “I still only own 0.25 bitcoins btw.”

The SpaceX founder who condemned the United States government’s stimulus relief plans the other day has come under siege off late; following his comment that the price of the Tesla stock was “too high,” which instantly sent the price down.

Elon Musk Tweets in Support of Bitcoin Proponent Jack Dorsey

March 3, 2020 by Tabassum Naiz

In a wake of recent reports that seeks Jack Dorsey’s replacement from the post of CEO at Twitter, Elon Musk defended Jack Dorsey, saying, he supports Jack, adding he has a good heart.

Jack Dorsey who is actively involved in building Bitcoin as internet currency has recently been criticized by a key investor of Twitter, Elliott Management. The news comes in a wake of recent bashing reports on Twitter due to the platform’s inability to suppress hateful tweets and misinformation. More so, CEO Jack Dorsey was also been criticized for his major involvement with his other company, Square Inc.

The crux of the matter is that CEO Jack Dorsey is actively involved in encouraging the adoption of Bitcoin and making it even simpler to use. In fact, Jack has foreseen the future of Bitcoin in Africa and henceforth wants to stay there for several months, continuing his personal advocacy of the cryptocurrency. As a result, a large community thinks that Jack is splitting his duties of CEO at Twitter with his other company, Square, a payment firm.

“Sad to be leaving the continent…for now. Africa will define the future (especially the bitcoin one!). Not sure where yet, but I’ll be living here for 3-6 months mid-2020. Grateful I was able to experience a small part. Jack tweeted in Nov 2019”

While the reports surfaced on the web and social media, alleging Jack and debating on his dual CEO position, Elon Musk tweets in defense of Jack Dorsey. Musk besides supporting Jack also teased the crypto community by posting a picture of dog and writing “Dogs rock… they have the best coin”. To note, Musk previously called Dogecoin, a dog meme coin as his favorite currency.

More so, Elon Musk tweet got the attention of Binance boss, Changpeng Zhao who then quoted it and showed he too support Jack. CZ supplements his claim, saying, “he (Jack) has good taste #Bitcoin”, the largest cryptocurrency which is currently trading at $8867 against USD. At the time of reporting this, Bitcoin is surging by 1.52 percent within the past 24Hrs.

Binance’s Changpeng Zhao Emerges as the Wealthiest Crypto Billionaire of 2020

February 28, 2020 by Arnold Kirimi

This year’s edition of Hurun Global Rich List was published on 26 February and Binance’s CEO, Changpeng Zhao, emerged as the wealthiest man in the cryptocurrency industry with a net estimated worth of approximately $2.6 billion.

Sometimes, when we think of the richest people in the digital currency world, we certainly see an image of the Winklevoss twins. As of June last year, the two who are commonly known as the Billionaire brothers were estimated to have been worth $1.45B in crypto assets. However, as they say, new things in the New Year, we have a new billionaire who is now at the top of the global rankings.

A new report from the 9th edition of the Hurun Global Rich List, Binance CEO Changpeng’ CZ’ Zhao is currently the world’s wealthiest man in the cryptocurrency industry. The Hurun Global Rich List is a list of people who have made their way to the top of the pyramid. It’s fair to me to conclude that Changpeng Zhao has finally made it to the top.

Moreover, as a result of Binance’s success over the past year, the Chief of Binance has so quickly reached the top of the list. Numerous products that Binance has launched over the past year have had a significant impact on its owners ‘ wallets.

CZ Doubled Net Worth Within a Year

Shockingly, according to the report, Changpeng Zhao has more than doubled his net worth in 12 months. One year earlier, Binance CEO’s net worth was around $1.25 billion. Coming as runners up, Bitmain co-founder of Zhan Ketuan, who has a net worth of some $1.6 billion, comes in second place to’ Bitcoin Billionaire.’

Almost every emerging market need has been answered by the major exchange firm; from the start of cryptocurrency futures trading to the implementation of margin trading. In addition, the firm recently launched a trading platform for Binance, which has been developed to empower small-scale local exchanges with preferred market performance.

Nevertheless, the CEO of Binance has repeatedly complained about the unfair treatment by mainstream media. CZ hit back on ‘ fake news ‘ and even went on to propose the creation of an ‘ anti-FUD fund. ‘Apparently, both CZ and Tron’s Justin Sun will run the anti-FUD fund. In addition, the ‘ Bitcoin Billionaire ‘ cooed for the introduction of the cryptocurrency news legislation. CZ quashed recent media claims that the Binance Exchange network is not located in Malta.

In conclusion Amazon CEO and founder Jeff Bezos hold the top spot as the richest man in the world; the Hurun Global Rich List 2020 with a massive net worth of $140 billion. However, its net worth was cut by $7 billion compared to the previous year. This is mainly due to the biggest divorce in the world from his former wife, MacKenzie Bezos. She also made this year’s list with a total net worth of $44 billion.

Bitcoin ATMs Surge In January As Bull Market Sheds Positive Light

February 20, 2020 by Ketaki Dixit

The concept of cryptocurrency adoption has been appealing to the community for a long time now. This feeling has also been propelled by the developments and updates in the industry.

Statistics have now shown that the adoption of Bitcoin has been on the rise due to a number of its peripherals gaining significant traction across the globe. Bitcoin ATMs have become all rage, and global numbers have started to grow.

According to sources, new Bitcoin ATMs were being set up in cities across several regions. Many of these were for convenience but some have also felt the need to showcase how user-friendly and efficient a Bitcoin ATM is.

More than 400 Bitcoin ATMs were set up all over the world in January 2020. This influx in interest, as well as the capital, was the main reason why the total number of Bitcoin ATMs was closing in on 7000.

The increase in the number of Bitcoin ATMs comes at a time when the price, as well as the market cap of the coin, has gone up since 2019. Bitcoin and its compatriots have had a great start to 2020 and the increased ATMs was an effect of that phenomenon. There were some period highs in the middle of 2019 but that had waned once the bear market started towards the fag end of the year.

Statistics showed that at the start of this year there were only 6377 ATMs present around the world. In a month’s time, the number of new machines set up jumped to 432 while the number of ATMs closed was 104. These numbers showed a 5.1 percent increase in Bitcoin ATM space.

Since Bitcoin’s inception, the community around the cryptocurrency has grown by leaps and bounds. That has been evident in the number of companies foraying into the Bitcoin ATM space. Genesis Coin has the most number of ATMs with 16, followed by General Bytes with 62 machines. Several companies such as Coinflip Bitcoin ATMs and Bitcoin Depot that made news for installing completely new machines.

The United States has naturally taken the lead in the Bitcoin ATM sphere as the region was targeted by several fintech companies. In January, 325 new ATMs were installed in the US while five were added in Canada. The United Kingdom came in third place with two new ATMs in January. At the same time, some countries also saw a loss in the number of machines.

Austria reported that three ATMs were decommissioned in the country while the Netherlands shut down two locations. Other than Bitcoin, these machines also support cryptos such as Bitcoin Cash and even Dogecoin. BCH has become an ATM friendly crypto after the number of BCH supported ATMs increased by 4 percent in the last month.

JP Morgan’s Quorum to Merge With Ethereum Based ConsenSys; Has Mainstream Finance Finally Decided to Trust Crypto?

February 12, 2020 by Ketaki Dixit

Mainstream companies have understood that integrating blockchain technology into their peripherals would result in added advantages in business. This was also a mantra followed by one of the world’s biggest banks, JP Morgan.

Recently, JP Morgan revealed that they were considering merging their popular Quorum blockchain unit with the ConsenSys Joseph Lubin. The news is coming in the wake of a report that indicated some troubled times for ConsenSys

Sources close to the bank stated that they were in initial talks to merge Quorum because of its functionalities and abilities to utilize blockchain. There have been no formal announcements as of yet but a concrete plan is expected to be revealed in 4-6 months.

ConsenSys is expected to be a good fit for Quorum because the latter too is based on Ethereum. Quorum is used by JP Morgan to run the Interbank Information Network which acts as a payments network for over 300 banks. There were also earlier comments that mentioned Quorum would be used to create the bank’s native crypto called JP Morgan Coin.

Ethereum’s commonality was one of the main reasons why the companies decided to merge. The bank revealed that they were planning to spin-off Quorum for another two years. Along with this, JP Morgan also has plans to set up an open-source foundation as well as creating a new startup. The spin-off idea was first suggested back in May 2019 but it was anything but concrete.

Quorum blockchain has also gone through some upgrades over the months, forcing many people to sit up and take notice. Quorum now has added privacy features from Ethereum as well as an upgrade within the Java programming language.

The news was also met with some trepidation as there was growing concern that a change in integration would affect existing projects on Quorum. People close to the initiative stated that the merger with ConsenSys would not change a thing to exiting compounds.

ConsenSys was also in the news recently when a project based on it launched its own ‘Proof-of-Use’ Network to discourage speculation. The project is titled, Activate and is part of the ConsenSys Codefi. It is an Ethereum-based operating system for decentralized finance products.

The updates from ConsenSys is expected to generate more interest from JP Morgan for the Quorum integration. Many proponents of the space see it as an opportunity to bring in more developments into the digital asset industry by involving mainstream finance.

The 20 Best Wallets For Your Digital Currencies in 2020

February 1, 2020 by Arnold Kirimi

The cryptocurrency industry has experienced significant growth in recent times. As the cryptocurrencies grow in development and demand, their platforms are working more and more to offer to their clients and investors. Basically, a cryptocurrency wallet store’s digital assets manage security issues and identity verification.

The most important part of a cryptocurrency wallet is the key. Prior to deciding on the wallet, you intend to store your digital wealth, you should analyze the advantages and disadvantages of a platform. There are five types of digital wallets and in this article, we are going to narrow down the 20 best wallets to store your cryptocurrency. We hope this helps you make a Shrewd choice.

Coinbase

Coinbase is one of the most secure cryptocurrency wallets and trading platform. On top the sufficient security, Coinbase has covered all the crypto-assets through an insurance policy. In addition, you can also link your bank account and start buying and selling cryptocurrencies using the wallet.

Coinbase offers its users a lucrative user-friendly interface that is easy to use even for beginners. The wallet can store more than one signature and the two-factor authentication ensures added security. The firm is backed by several reputable exchanges on top of a big number of investors. Furthermore, Coinbase has a long way to go but it is one of the safest cryptocurrency wallets on the planet.

Exodus Wallet

Exodus is a universal cryptocurrency wallet that was rightfully considered one of the best wallets of 2019. The hot wallet supports over 100 altcoins. Moreover, it has a built-in cryptocurrency exchange service on top of a convenient user interface.

Unfortunately, one cannot link their bank account to the wallet. However, one can buy bitcoin or Ether using fiat deposits. In addition, Private keys are stored on the user’s device. Incase of operating system failure, the program can be easily restored.

Jaxx Wallet

Jaxx wallet has been operating since 2014. The wallet supports multiple currencies as one can exchange more than 80 cryptocurrencies using Jaxx. Jaxx wallet is available on Android, iOS, Windows, and Linux while one can also use the chrome extension. The platform boasts excellent customer care support through online platforms like email or social media.

In addition, it has a news module that enhances the app’s value as it shares all the significant updates and crucial information on digital currencies and Blockchain. Jaxx wallet also enables users to keep track of the market by analyzing price and market cap while following the latest trends.

Copay Wallet

Copay wallet is a product of BitPay Inc. Bitpay has led to many businesses accepting Bitcoin as a payment medium. That makes Copay one of the most accepted Bitcoin wallets in the world. All keys in Copay are stored locally for device-based security. However, the wallet lacks two-factor authentication.

Using Copay, a user can pay on some very popular e-commerce websites such as Amazon and other businesses. The wallet supports Bitcoin and Bitcoin Cash. Copay is an open-source wallet that has been backed by developers to provide security for your crypto-assets.

Coinomi

Coinomi Blockchain wallet supports multiple currencies such as BTC, ETH, LTC, etc. The hot wallet has a multi-currency application for smartphones. It also has a Russian language interface on top of two integrated cryptocurrency exchange services. Private Keys are exclusively stored in the mobile app. The wallet is available on iOS, Android, macOS, Windows, and Linux.

KeepKey Wallet

Keepkey refers to a hardware wallet that stores private keys in cold storage to keep them safe from vulnerabilities. The wallet generates a 12-words security key that can be retrieved incase it gets lost. Moreover, the wallet supports BTC, BCH, DASH, DOGE, ETH, LTC, and NMC.

In addition, KeepKey is a safe wallet in terms of security as it is safe from any virtual or physical attacks. It also provides an online platform alongside desktop and mobile applications for efficiency. Anyone looking to build an online portfolio on cryptos should try this very reliable cold wallet.

Blockchain Wallet

Blockchain wallet is very easy to create and very suitable for private one-time transactions. The wallet supports multiple currencies and uses two-factor authentication to safeguard them. In addition, Blockchain Wallet’s administration doesn’t have access to information about the users.

The wallet is quite similar to the Coinbase wallet. The wallet allows users to send and receive payments directly. The wallet is supported in over 35 different states. It has affordable transaction prices and it supports a range of cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, and Stellar Lumens.

Moreover, the wallet offers instant transactions to users which is convenient. Moreover, a user can store funds in the cold wallet and use the hot wallet for daily transactions. Both public and private keys have to be written on a piece of paper that will be stored offline. Blockchain wallet Connects users for exchanging funds all around the world and there are no intermediaries.

Blockchain wallet is available on both Android and iOS platforms.

Ledger Nano

Ledger Nano boasts among the best Bitcoin, Ether and altcoins hardware wallets. The device has an enclosed execution environment that protects digital assets and transactions. It can be connected to a computer using a USB cable and it also has an OLED display for extra confirmation.

Ledger Nano supports multi currencies and the list keeps growing. In case you lose the device but you still have the secret phrase and backups, you can restore all your assets in a new device. No one can access the device without a PIN code.

In addition, while using the hardware, your private keys will always remain secure inside the device and they will never reach the computer. This guarantees protection against hackers.

Trezor Wallet

When considering hardware wallets, Trezor is among the best Bitcoin wallets in the industry. This wallet allows one to store cryptocurrencies in cold storage and at the same time use it like a hot wallet. Additionally, Trezor can be safely used in a computer affected by malware.

It is small in size and it can be easily carried in the pocket. The device is backed by a 24-letter recovery seed and a user has total control of the private keys. On top of that, it has two-factor authentication. It has a unique sign for every transaction to keep the user’s crypto safe. However, it has been a victim of attacks and threats due to its firmware.

Electrum Wallet

Electrum is a highly reliable, fast, secure and easy to use a cryptocurrency wallet. The wallet is developed to allow regular use of cryptocurrency as a payment medium since it provides straight-forward and easy solutions while transacting.

The wallet has a newbie-friendly user interface that enables effortless use. It also has a two-factor authentication to provide adequate protection of your digital wealth. The software is open source meaning any developer can contribute towards its development.No data is stored online and anonymity is highly maintained. Unfortunately, only Bitcoin is supported.

Edge Wallet

Edge is a simple and easy to use Bitcoin wallet that is supported by both android and iOS. The wallet is highly convenient for beginners in the crypto world and provides automatic backups. In addition, it supports several currencies including BTC, ETH, LTC, etc.

Guarda Wallet

Guarda’s non-custodial wallet is based in Europe and supports multiple currencies. It supports over 40 digital currencies. In addition, it has a number of in-built crypto tools such as exchange, digital assets manager and also a Guarda tokens generator. Its system is user-friendly and is supported across desktop, mobile, web as well as desktop, mobile, web, and chrome extension.

Guarda does not allow the direct purchase of cryptocurrencies from the wallet. However, one can purchase through credit cards or through bank transfer. The wallet does not store vital information like private keys or client data. Once you log out, it clears all the information automatically as fast as possible.

In addition, it supports a wide range of digital currencies which makes it convenient.

FreeWallet

Freewallet boasts a built-in cryptocurrency exchange system that makes it convenient to acquire and trade all the relevant cryptos. This Hierarchical and Deterministic wallet provides support for a variety of signatures.

Two Freewallet users can transact between them without any cost. However, network fees are charged for any other transaction. The wallet does not provide private keys to users. Also, the users don’t have control over their private keys.

Unfortunately, the web version is prone to vulnerabilities and malicious attacks.

Infinito Wallet

Infinito Wallet is the world’s first cryptocurrency wallet to avail of global transactions to users. The wallet provides faster transactions through a 24/7 blockchain regulation. It also supports a variety of digital currencies including Bitcoin, Ethereum, Litecoin as well as Neo tokens.

It provides features such as contacts and Price Management, multi-language, transaction history, QR code scanner, and a digital portfolio. It provides a private key to protect your virtual assets from scammers and a public key to receive payments from others.

Unfortunately, it is vulnerable to mobile malware and its possible to lose all your coins if affected.

Nexo Wallet

Nexo wallet is the best wallet for Nexo token holders. The wallet gives 30% of its profits to users as dividend payments. This ensures a passive income to the holders.

The wallet is available on Android and iOS platforms. A user can check the value of their tokens even without selling them through the wallet.

In addition, Nexo users can access crypto loans through the wallet as Nexo provides crypto-backed loans. An individual can earn upto 8% of their idle funds on top of guaranteed safety.

Bitcoin Wallet

Bitcoin wallet, the same as Bitcoin has earned a reputation as the most widely used wallet in the world. Bitcoin is the most popular and trusted cryptocurrency in the world. The wallet has engaged more than 42 million users and it is actually the most secure wallet. The wallet has reported over $200 million transactions to date.

The bitcoin wallet is the best BTC wallet and gives users full control over their funds. The wallet can be accessed at any time anywhere in the world and offers exchange and trading services. The wallet can be operated using iOS, Android, Windows, Linux, or Mac.

Greencoin Wallet

Greencoin wallet is a reliable BTC wallet as it balances between the convenience and security of a BTC transaction. However, the wallet is designed for the experienced investor and it runs on a very powerful system. It can also be integrated on both iOS and Android.

Greencoin wallet has a very beautiful UI that allows users to exchange and trade Bitcoins. Moreover, it is referred as the most flexible hardware wallet in the market. It is suitable for long-term traders due to the additional features that offer the best services to users.

After every transaction, the wallet generates a unique public key automatically. This ensures that your public address will always remain unique. Setting up the wallet may take a lot of time and it is not advisable for newbies.

Airbitz Wallet

Airbitz is a hot wallet best for BTC. It allows users to store, collect, and send bitcoin across the globe. iPhone and smartphone users can effortlessly manage their cryptocurrencies using the mobile app. However, the desktop version is not yet ready. Customized PIN code and password will be attached and write them down for future reference.

Robinhood Wallet

The Robinhood wallet offers unmatched features that are really helpful to the users. Moreover, the wallet is aiming to offer commission-free cryptocurrency transactions to its users. The wallet supports Bitcoin, Ethereum and Dogecoin besides other popular digital currencies.

The app version is powerful and it facilitates buying, selling and trading of assets using the application. Unfortunately, the dividends reinvestment program is not available on the wallet. However, the company is working on it.

Hive Wallet

The Hive wallet aims at providing greater convenience to the traders. The wallet has a simple user interface; where one can use the navigation buttons to increase visibility. It facilitates buying and selling of cryptocurrency using two main screens.

Hive is one of the best wallets out there due to its simplified payment verification process. This eliminates the need for a third-party application.Additionally, the wallet has a game-changing feature in bitcoin AppStore. It lets the user interact with other systems within the blockchain ecosystem.

Conclusion

Cryptocurrency wallets play a significant role in the cryptocurrency ecosystem. More people are becoming interested in trading using digital currencies and these wallets; are there to make their experience convenient, secure, and simple.

In fact, every wallet is very different from others and has quite unique features. With all the information provided, you can make a good choice of a wallet that will suit your needs and make your cryptocurrency journey an enjoyable one.