Ripple, Shiba Inu, Dogecoin: Robinhood needs the Shib more than ever


© Reuters.

Investing.com – Ripple, SHIBA INU and Dogecoin rallied nicely on Tuesday, Feb. 1, 2022. The rose 5.94 percent to $0.6222, while the rose 4.13 percent to $0.6222. cent to $0.0000217 and the rose 3.09 percent to $0.1430.

Ripple enters into a partnership with Modulr

Ripple has successfully entered into a partnership with the payment service provider Modulr. Since its inception, Modulr has been dedicated to delivering simple payment solutions aimed at dramatically simplifying European and UK payments.

It is particularly interesting to note that Modulr is one of the few non-banking companies to interact directly with the Bank of England. Trust Payments will be the first company to benefit from this new partnership, as COO Jonathan O’Connor explains:

“Trust Payments continues to revolutionize payments through the partnership between Modulr and Ripple, providing a new payment option for settlements. We are focused on providing merchants with alternatives to traditional methods. transfers”.

Shiba Inu: Robinhood listing (NASDAQ:) remains wishful thinking

Robinhood CFO Jason Warwick didn’t have any good news for the Shiba Inu community. Contrary to rumors that other coins will soon be listed on Robinhood, he recently said that new assets have been reviewed. Conversely, it cannot be deduced that a listing is also imminent, as reported by Coinquora.

If no SHIB listing has taken place so far, however, it is not because Robinhood can forgo the associated profits. In fact, it’s actually the opposite, as revenue from the crypto business is declining, as reported by Bloomberg.

But there are still supervisory authorities like the SEC. Management does not want to alienate them, which could quickly happen if too many unrecorded titles are offered.

Dogecoin on the way to PoS

The Dogecoin blockchain appears to be progressing from power-hungry proof-of-work (PoW) to more efficient proof-of-stake (PoS). In this process of conversion, the community receives help from the founder of, Vitalik Buterin. He said in an UpOnly interview:

“Each of the major cryptocurrencies, except one, has a concrete plan to move to proof of stake. I think the arguments will be even more compelling when we see that Ethereum is also based on proof of stake. In this regard, the plans for Dogecoin and Zcash are also taking shape.”

Already at the end of last year, the Dogecoin Foundation announced that it was working with Vitalik Buterin on a PoS concept.

By Marco Oehrl

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