Investing.com – Ripple, SHIBA INU and Dogecoin are already registering losses after receiving only a brief respite. The decline of -5.11% to 0.7050 dollars, while it loses -8.53% to 0.00002581 dollars and gives it -7.49% to 0.1383 dollars.
Ripple’s defense falters
SEC attorneys seem to have found a way to shake Ripple’s defense.
According to Ripple’s lawyers, the company was not sufficiently briefed by the authority on the disclosure obligations. So far, this main argument seemed conclusive.
But the opposing party is now retaliating with a case denounced by the SEC in September 2020. On the dock was John M. Fife, who controlled five companies that sold penny stocks worth $ 21 billion and thus achieved a considerable benefit. This in itself was not a problem, but none of the companies were registered as stockbrokers.
The defense argued that the term “broker” was too general and that the SEC had not provided clear guidance. Last month, the court rejected this argument. This set a precedent that could weigh as much on Ripple as it did on XRP.
Shiba Inu can be used as a credit token
Euler Finance announced that holders of Shiba Inu tokens now have the option of to lend their tokens and generate interest earnings.
The lending platform is certain that the SHIB has surpassed its status as a meme-coin and that a vibrant ecosystem is forming around it.
In the meantime, the community continues to grow, since according to WhaleStats, the number of holders has increased to 1,130,747.
The inventor of Dogecoin protests against the Mozilla Foundation
The inventor of Dogecoin, Billy Markus, has been very tough on the Mozilla Foundation. On December 31, Mozilla announced that it would accept cryptocurrency donations like DOGE to fund Firefox.
But just a week later, the company backed down and justified its decision with the environmental concerns voiced by the community. Billy Markus didn’t like it at all and said the following:
“Thank you for submitting to a host of ignorant and reactionary internet users. Wait until these people hear about the ecological impact of paper dollars and all of the banking infrastructure. permanent pollution “.
By Marco Oehrl
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