RATE Group | Bitcoin, Ripple & Tezos – American Wrap 14 May
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Bitcoin, Ripple & Tezos – American Wrap 14 May

15 May Bitcoin, Ripple & Tezos – American Wrap 14 May

Posted at 01:22h in Cryptocurrency News by

Bitcoin price has gained over 6% on a day-to-day basis and 4% since the start of Thursday. The first digital coin hit the intraday high of $9,944 and retreated t0 $9,720 by the time of writing. The further recovery is capped psychological $10,000, which is still a hard nut to crack for Bitcoin bulls. This barrier prevents BTC from moving towards $10 500. Once it is cleared, the recovery may start snowballing.

While the short-term momentum remains bullish, the RSI on the intraday charts has shown signs of reversal, which means, the coin may stay range-bound in the nearest future. 

XRP/USD: Ripple is in good shape to replace Swift – Chris Larsen

Ripple’s XRP is in good shape to replace Swift as an international payment network, according to the Ripple founder Chris Larsen. Speaking in the interview on the Block Stars podcast, he said that banks were unlikely to use Bitcoin’s proof-of-work system for validating transactions. To prove the point, he…

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