XRP (CRYPTO:XRP) Price Down 3.6% Over Last Week

One XRP coin can now be bought for $0.32 or 0.00008832 BTC on popular … XRP’s official Twitter account is @Ripple and its Facebook page is …

XRP logoXRP (CURRENCY:XRP) traded 1% lower against the U.S. dollar during the one day period ending at 20:00 PM Eastern on January 16th. XRP has a total market capitalization of $12.98 billion and $377.65 million worth of XRP was traded on exchanges in the last 24 hours. During the last week, XRP has traded down 3.6% against the U.S. dollar. One XRP coin can now be bought for $0.32 or 0.00008832 BTC on popular cryptocurrency exchanges including Upbit, Bitso, Poloniex and Bits Blockchain.

Here is how other cryptocurrencies have performed during the last 24 hours:

  • Tether (USDT) traded up 0.2% against the dollar and now trades at $1.01 or 0.00028219 BTC.
  • Stellar (XLM) traded down 1.5% against the dollar and now trades at $0.10 or 0.00002851 BTC.
  • TRON (TRX) traded 0.7% higher against the dollar and now trades at $0.0264 or 0.00000737 BTC.
  • Bitcoin SV (BSV) traded down 0.5% against the dollar and now trades at $75.43 or 0.02105550 BTC.
  • Binance Coin (BNB) traded down 0.3% against the dollar and now trades at $6.50 or 0.00181232 BTC.
  • NEO (NEO) traded 1.8% lower against the dollar and now trades at $7.58 or 0.00211342 BTC.
  • VeChain (VET) traded down 2.8% against the dollar and now trades at $0.0044 or 0.00000122 BTC.
  • TrueUSD (TUSD) traded up 0.3% against the dollar and now trades at $1.01 or 0.00028224 BTC.
  • 0x (ZRX) traded 7.3% higher against the dollar and now trades at $0.31 or 0.00008602 BTC.
  • Zilliqa (ZIL) traded 4.5% lower against the dollar and now trades at $0.0217 or 0.00000606 BTC.

XRP Profile

XRP was first traded on February 2nd, 2013. XRP’s total supply is 99,991,724,864 coins and its circulating supply is 41,040,405,095 coins. XRP’s official website is ripple.com/xrp. XRP’s official Twitter account is @Ripple and its Facebook page is accessible here. The Reddit community for XRP is /r/ripple and the currency’s Github account can be viewed here. XRP’s official message board is www.xrpchat.com.

According to CryptoCompare, “The Ledger and ConsensusThe Ripple protocol is, at its core, a shared public database. This database includes a ledger, which serves to track accounts and the balances associated with them. The ledger is a distributed database — a perfect, shared record of accounts, balances, and transactions in the Ripple protocol. It is continually and automatically updated by the Ripple Transaction Protocol (RTXP) so that an identical ledger exists on thousands of servers around the world. At any time, anybody can review the ledger and see a record of all activity on the Ripple protocol. When changes are made to the ledger, computers connected to the Ripple protocol will mutually agree to the changes via a process called consensus. The Ripple protocol reaches consensus globally within seconds of a change being made. The consensus finding process is the engineering breakthrough that allows for fast, secure, and decentralized transaction settlement on the Ripple protocol. The World’s First Distributed ExchangeNo one owns or controls the Ripple protocol. It runs on computers around the world, all working together to continually maintain a perfect, shared record of accounts, balances, and transactions. Distributed networks offer many efficiencies over centralized networks. Because the network is “self-clearing”, it eliminates the need for a centralized network operator (and gets rid of the associated layer of fees). Because there is no single point of failure, distributed networks are more reliable. They also tend to be more secure, due to their open source nature.”

XRP Coin Trading

XRP can be purchased on these cryptocurrency exchanges: Bits Blockchain, OKEx, Stellar Decentralized Exchange, Cryptohub, Coinone, FCoin, ABCC, CoinEgg, DigiFinex, Fatbtc, Altcoin Trader, BTC Markets, Bitfinex, Binance, Poloniex, Vebitcoin, CEX.IO, Coinrail, OTCBTC, Independent Reserve, Instant Bitex, Coinbe, Liquid, BCEX, Upbit, MBAex, LiteBit.eu, Huobi, Bitstamp (Ripple Gateway), Bitbns, CoinFalcon, Gate.io, Covesting, Stellarport, ZB.COM, Bitinka, Tripe Dice Exchange, GOPAX, LakeBTC, BtcTurk, Cryptomate, BitFlip, Exmo, BitMarket, Bitsane, Zebpay, BX Thailand, HitBTC, Coinhub, BTC Trade UA, RippleFox, CoinBene, Kuna, Indodax, Bitlish, OpenLedger DEX, Bitstamp, Korbit, Bitso, Exrates, WazirX, Coindeal, Koinex, Coinsquare, Bitbank, DragonEX, Braziliex, B2BX, C2CX, Gatehub, Bittrex, Sistemkoin, Coinsuper, Kraken, BitBay, Ovis, Bithumb, Koineks and Ripple China. It is usually not presently possible to buy alternative cryptocurrencies such as XRP directly using US dollars. Investors seeking to acquire XRP should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy XRP using one of the exchanges listed above.

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Blockchain Investor Claims Bitcoin (BTC) Will Plunge To $0

Bashing Bitcoin (BTC) has apparently become a popular trend at Davos’ recent World Economic Forum event. More specifically, the cryptocurrency …

Economists Bash Bitcoin In The Swiss Alps

Bashing Bitcoin (BTC) has apparently become a popular trend at Davos’ recent World Economic Forum event. More specifically, the cryptocurrency has become a punching bag. Just yesterday, per previous reports from Ethereum World News, Huw Van Steenis, the senior advisor to Bank of England’s governor, Mark Carney, bashed this nascent asset class.

Speaking to Bloomberg in a candid interview, Steenis, who purportedly is compiling a report about the future of finance, surprisingly claimed that cryptocurrencies, like Bitcoin aren’t on his radar, or list of concerns for that matter. The former Morgan Stanley economist then remarked that blockchain-based assets “fail” the basic tests that financial services are de-facto run through. Steenis explained that BTC, along with other digital assets, is slow, fail to hold their value over time, and aren’t a viable, bonafide Medium of Exchange (MoE).

Tech Investor Claims BTC Will Fall To $0

Just one day later, BTC fell victim to another attack, as a technology investor and entrepreneur took to a CNBC-hosted panel to bash the blockchain-based digital asset. According to CNBC post-mortem on the manner, Jeff Schumacher, the founder of BCG Digital Ventures, a corporate investment and tech incubator group, claimed that the flagship cryptocurrency could capitulate to a value of zilch eventually.

Speaking to a crowd of economists, global leaders, notable investors, and corporate C-suiters, Schumacher explained that he “believes it will go to zero,” adding that he thinks that it (or the technology underlying Bitcoin) is a “great technology.” However, the BCG founder made it clear that he doesn’t think that blockchain technologies should be applied to currencies, accentuating that its underlying value isn’t based on anything. Like many traditionalists with a vested interest in the centralized system, Schumacher fails to see the value of a decentralized, immutable, cross-border, rapid, uncensorable current that transcends the boundaries imposed by financial incumbents.

Instead of lauding blockchain technologies for their potential revolutionary use cases in finance, Schumacher instead touched on the innovation’s ability to facilitate “open decentralized ecosystems,” which would be the global protocols and infrastructure that businesses could run on.

Yet, some weren’t in agreement with Schumacher’s inflammatory quip. Glenn Hutchins, the chairman of Virtu-affiliated North Island, a financial technology services company, claimed that BTC will likely grow to have a notable role as a Store of Value (SoV). Hutchins noted that BTC’s role “in the system” could be as pseudo-gold in a digital economy, rife with arrays of tokens that serve every use case imaginable.

Hutchins isn’t the only notable investor to think of Bitcoin as a digital semblance of the orange-esque precious metal. As reported by Ethereum World News multiple times previously, a number of pundits have overtly claimed that BTC’s foremost use case is as digital gold.

Alistair Milne, the CIO of Digital Currency Fund, claimed that Bitcoin has seen its Store of Value (SoV) proposition become more apparent. More specifically, he noted that Bitcoin’s investors are now “very aware that BTC is like trading gold with 100x leverage,” along with the fact that the flagship cryptocurrency’s inflation rate will be lower than that of the precious metal. And, as “no one appears to doubt the usefulness of gold,”

The Winklevoss Twins, the co-founders of the Gemini Exchange, recently claimed that Bitcoin “better at being gold than gold itself.” Twin Tyler noted that as this industry continues to develop, BTC will continue eating up bits of gold’s market capitalization, until the newfangled cryptocurrency passes its (arguably worse) physical counterpart.

Lou Kerner has also recently chimed in on the matter. Kerner, the founding partner at CryptoOracle, divulged that the cryptocurrency’s portability, ease-of-use, divisibility, and scarcity, make it a viable alternative to precious metals, and will allow BTC to eventually surmount its quintuple-digit cell.

Title Image Courtesy of Descryptive.com via Flickr

Latest Galaxy S10 leak shows off hole-punch camera and crypto wallet

As for the native cryptocurrency wallet app, it is described here as a “secure and convenient place for your cryptocurrency”. It will offer Galaxy users the …

Samsung’s next big launch will be a 10-year anniversary device, and thanks to a new leak, we have a better idea of what to expect from it.

Images have surfaced online showing not only the flagship phone’s interesting hole-punch display, which seems to be a hot trend for 2019, but also a first look at Samsung’s new Blockchain KeyStore app. The images, published by Twitter user Ben Geskin, were first noticed by SamMobile.

Starting with the hole-punch display, it’s called the “Infinity-O”. We first saw it on Samsung’s A8 phones in China. Now, many companies are adopting the design choice over a notch, including Huawei with the Nova 4 and the recently released Honor View 20. As you can see in the leak, Samsung’s camera is in the far right corner of the display, rather than in the centre, and it’s surrounded by super-slim bezels.

As for the native cryptocurrency wallet app, it is described here as a “secure and convenient place for your cryptocurrency”. It will offer Galaxy users the ability to import and use cryptocurrencies, like Ethereum, as well as use biometric authentication for identity verification.

This is the first we’ve heard of Samsung’s foray into such a wallet, but we’ll likely learn all the details, including more about the Galaxy S10, at Samsung’s Unpacked event on 20 February ahead of MWC 2019. We’re also expecting to see Samsung’s foldable phone again while at the show.

New #GalaxyS10 live images leak with ‘Samsung Blockchain KeyStore’

(images via @GregiPfister89) pic.twitter.com/g0FipTooe6

— Ben Geskin (@VenyaGeskin1) January 23, 2019

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Samsung Galaxy S10 poses for more photos to show its hole-punch display and cryptocurrency …

The Galaxy S10 has already leaked out a few times this month, and now it’s popped its face out once again. Photos of the Samsung Galaxy S10 have …

galaxy-s10-cryptocurrency-leak-1

The Galaxy S10 has already leaked out afewtimes this month, and now it’s popped its face out once again.

Photos of the Samsung Galaxy S10 have leaked, giving us another look at the upcoming flagship and its hole-punch display. This model has just a single front camera in its hole-punch, suggesting that this is the standard Galaxy S10 model.

galaxy-s10-cryptocurrency-leak-2

Today’s images also show a “Samsung Blockchain KeyStore”. According to the device, the app will offer a “secure and convenient place for your cryptocurrency”. The photos show that the app supports Ethereum (ETH), and in the phone’s settings we can see a way to “secure and manage your blockchain private key”.

galaxy-s10-cryptocurrency-leak-3

We’ve gotten a few looks at the Galaxy S10 and its hole-punch display lately, but these new photos give us a pretty good look at the screen and its front camera. The hole-punch is notable because it’s becoming a new trend in smartphones and because Samsung avoided the notch on its Galaxy S flagships, but it looks like the company will embrace the hole-punch with the S10, possibly as a way to further slim the bezels surrounding the screen.

Also of note is the Samsung Blockchain KeyStore shown in these images. There haven’t been a ton of blockchain and cryptocurrency-focused phones and apps from major smartphone makers, though HTC did sell a blockchain-centric device last year. Now it appears that Samsung will be trying to get in on the trend and make its new phone a bit more appealing to those who are into cryptocurrency.

What do you think of hole-punch displays like the one found on the Galaxy S10?

Source: Ben Geskin (Twitter)

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What Is Satoshi in Bitcoin?

In spite of this difference, a digital currency can be divided into smaller units, just as the Dollar is broken into cents, and pound into pence. In the case …

Jan 23, 2019 23:20&nbspUTC

| Updated:

Jan 23, 2019 at 23:20&nbspUTC

By&nbspKapil Gauhar

So, you are well aware or are maybe using some kind of national currency such as INR, USD, EUR, or GBP.

Some national currencies, like USD, have a ‘cent,’ that is 1/100 part of the currency.

Similarly, in the world of bitcoin, there are very small units – Satoshi.

Satoshi is the smallest unit of Bitcoin. It is named after the creator of the protocol, Satoshi Nakamoto, used in blockchain and the cryptocurrency.

You May Also Read: Bitcoins Vs. Ripple: All Differences Explained

Satoshi in Bitcoin

Different from the physical versions of global currencies, like USD and British Pound, cryptocurrencies predominantly exist in the virtual world.

In spite of this difference, a digital currency can be divided into smaller units, just as the Dollar is broken into cents, and pound into pence.

In the case of Bitcoin, the smallest unit available is called the Satoshi.

White Paper Published by Satoshi Nakamoto

The Satoshi unit is named after the Bitcoin creator, Satoshi Nakamoto, the anonymous person or group of people who published the white paper in 2008 that jump started the development of the digital currency.

The white paper, named “Bitcoin: A Peer-to-Peer Electronic Cash System”, articulated the use of a P2P network as a solution to double-spending issues.

The problem of double-spending is not found in physical currencies, as a physical bill can only exist in one place at a single time. Though it initially occurred as Bitcoin Double Spending too, Bitcoin solved it like a pro.

Since digital currency doesn’t exist in physical form, using it in a transaction doesn’t remove it from someone’s possession.

You May Also Read: 30 Interesting Bitcoin Facts You Should Know

Satoshi – Bitcoin Unit

Satoshi shows up one hundred millionths of a bitcoin. Small denominations make transactions on Bitcoin network easier to conduct, extremely fine and readable.

A general unit structure of Bitcoin has 1 BTC equivalent to 1,000 mBTC (millibitcoins), 1,000,000 μBTC (microbitcoins), or 100,000,000 satoshis.

While the exact figure to this is yet unknown, it is measured that Satoshi Nakamoto may possess 1 million bitcoins, which is equivalent to 100,000,000,000,000 satoshis.

Bitcoin Exchanges

While not exactly a part of a major currency pair, bitcoins can be converted to and from other currencies. Bitcoin exchanges exist for allowing people to conduct their transactions.

This is something that involves depositing pounds, dollars, or other supported currencies into an account in one of the exchanges, where the overall balance can be utilized to either buy or sell bitcoins using Coinbase or any other exchange and ultimately convert them into other currencies.

Just like with the exchange rates between the well-established currencies, the bitcoin value will fluctuate in accordance with the supply and demand.

You May Also Read: 5 Best Bitcoin Wallets for iPhone in 2019

Lack of Physical Bitcoins

Where people may keep a penny or pence in their pockets, the physical form of cryptocurrencies like Bitcoin, as of now, haven’t become as mainstream.

This is primarily for practical reasons since the main bitcoin draw is that it is digital and almost impossible to counterfeit.

Not having a physical presence for Bitcoin means that it is more secure, even before the Blockchain technology is taken into consideration.

Another reason for the lack of physical bitcoins is that they are not widely-accepted in a regular transaction.

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Kapil Gauhar

Kapil Gauhar is the founder of Blogger’s Gyan. He is a Passionate Blogger, a Big Thinker and a Creative Writer. His passion for doing friendship with words and letting people know about the wonders of the Digital World is what motivates him to take writing as a career.

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