The ongoing Ripple vs SEC lawsuit continues to strongly influence the cryptocurrency market, while Shiba Inu whale activity is showing significant growth. Amidst this, BlockDAG enters into a notable partnership that promises to further strengthen the company's market position.
SEC Decisions and Their Impact on XRP
The approaching January 15 deadline for the Ripple vs SEC case could have a significant impact on XRP's price. If the SEC decides to appeal, the token's value may fall below $1.50. However, if the appeal is withdrawn, XRP's price could rise to $3.55, boosting confidence and establishing a legal foundation for future XRP sales.
Increase in Shiba Inu Whale Activity
Shiba Inu's whale activity has significantly increased, with a 7,140% rise in net inflows. On December 23, major holders bought 1.21 trillion SHIB tokens valued at $26.6 million, illustrating growing confidence from large investors despite recent value declines.
BlockDAG Partnership with Inter Milan
BlockDAG's collaboration with soccer club Inter Milan has drawn the attention of millions of fans. This integration allows fans to access unique digital collectibles and seamless transactions, further increasing engagement and solidifying BlockDAG's market position.
The Ripple-SEC lawsuit and the activity of Shiba Inu whale holders have significant impacts on the cryptocurrency market. Meanwhile, BlockDAG's partnership continues to draw attention and positions the platform as a leading player in the market.
