Bitcoin, Ripple and Cardano – European Wrap 17 September

Bitcoin price is on a rollercoaster ride as it crashed violently on September 7, consolidated for a few days after that and went on an uptrend to undo the losses. Over the past 24 hours, however, BTC seems to be consolidating for a volatile move without a clear directional bias.

 

The Securities and Exchange Commission’s case against Ripple is drawing to a close. The latest development in the proceedings has nearly 13 documents being pulled out of public view. 

Charles Hoskinson, founder of Cardano, is of the opinion that the blockchain network is prepared for “RealFi,” the second generation of DeFi applications that have much more utility and facilitate governance and decentralization.