The Currency Analytics

The Use Case for Bitcoin was Finished – Mike Novogratz – Borse Stuttguard lists…

By Dan Saada

Mike Novogratz at the 2019 Ethereal Summit stated that Bitcoin would not change the world by itself by being a store of value.

When talking about the Altcoins, he stated, “There’s no one building anything on the Litecoin blockchain.

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

The price of XRP has been up by 17%.  The price tested the yearly highs above $0.3700 touching at $0.378.

Borse Stuttguard has listed Litecoin ETN and XRP.  The ETN can be used by the traders to bet on XRP and LTC. The ETN has been made available in the exchange from May 13, 2019.

ETNs are unsecured debt securities, which are a lot like ETFs traded on stock exchanges.  Such products permit investors to gain exposure to asset classes.

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.

The bull run of Bitcoin has triggered the rise of XRP as well.  XRP has been trading in smaller ranges of $0.30 for quite some time now.

However, when discussing the speed of Bitcoin one of the tweets read:  “When I post about #bitcoin I get shilled that it’s slow compared to ripple or bcash or whatever crap.

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