Mike Novogratz at the 2019Ethereal Summit stated that Bitcoin would not change the world by itself bybeing a store of value. He opined thatthe use case for Bitcoin “was finished.”

When talking about the Altcoins,he stated, “There’s no one building anything on the Litecoin blockchain.”However, in the past, Novogratz had glorified selling Litecoin and had calledit a testnet for Bitcoin. He stated thatseveral Altcoins would succeed with their unique use cases. He previously predicted that Bitcoin wouldhit on the $20,000 in the forthcoming 18 months.

For a short period Bitcoinhovered beyond the $8,000 on May 14, 2019.

The price of XRP has been up by17%. The price tested the yearly highsabove $0.3700 touching at $0.378. While several cryptocurrencies have beentrading for more than 100% ever since the beginning of the year, XRP has beenin the red. The support and resistancelevel has been hovering at around $0.30-$0.31. The total market capitalization of XRP climbed above $15 billionsustaining the third place in the market.

Borse Stuttguard has listedLitecoin ETN and XRP. The ETN can beused by the traders to bet on XRP and LTC. The ETN has been made available inthe exchange from May 13, 2019. Swiss-based exchange as well launched the ETP based on the XRP.

ETNs are unsecured debtsecurities, which are a lot like ETFs traded on stock exchanges. Such products permit investors to gainexposure to asset classes. Thusinvestors will be exposed to cryptocurrencies without having to purchase themdirectly.

The increase in the price of Litecoin is at par with that of other coins, which has been trading around 90$.  Several other Altcoins have been rising by 6.02% on a daily scale.  Litecoin has a market cap of $5.63 billion and continues to be on the bullish course along with Bitcoin.

The bull run of Bitcoin hastriggered the rise of XRP as well. XRPhas been trading in smaller ranges of $0.30 for quite some time now. Considering past highs, there is tremendousroom for the growth of XRP and the last alt-season was in reality triggered byXRP. The XRP price is trying to catch up with the positive momentum of Bitcoin.

However, when discussing thespeed of Bitcoin one of the tweets read: “When I post about #bitcoinI get shilled that it’s slow compared to ripple or bcash or whatever crap. Yes,I can use a Google Spreadsheet, and it'll be faster than bitcoin too, butsafer?”