Major news and quotes of the largest cryptocurrencies.
Ripple estimated the damage from the actions of the SEC for investors at $ 15 billion
Ripple has filed a formal response to the amended lawsuit by the US Securities and Exchange Commission (SEC) during the ongoing proceedings. According to the company, filing a SEC lawsuit was enough to cause significant damage to XRP holders and force many service providers in the cryptocurrency industry to withdraw from cryptocurrency. Ripple estimated the losses of “those whom the SEC should protect” at $ 15 billion. At the same time, the SEC accuses Ripple of illegally selling securities worth 1.3 billion. Ripple also claims that the SEC ignores or replaces facts, for example, claiming that token sales were an “important part” of the XRP market. The company writes that such transactions accounted for less than 0.4% of the total volume of transactions at almost all stages of the existence of this market.
Fix Price May Raise $ 2 Billion During IPO
Investors valued the Fix Price chain of stores at $ 8.3 billion. The cost of one global depositary receipt (GDR) was $ 9.75, which corresponds to the upper limit of the price range. Due to strong demand, the placement volume was increased by about 5% – from 170 million to 178.37 million GDRs, each of which represents one ordinary share of the company. An additional 26.75 million GDR in Fix Price will be provided in accordance with the additional placement option. As a result, the number of publicly traded GDRs will amount to 205.12 million – 24.1% of the authorized capital of Fix Price. In total, during the IPO, Fix Price can raise $ 2 billion, although it was originally planned for 1.5-1.7 billion. The start of trading in shares under the ticker FIXP on the London and Moscow stock exchanges is scheduled for March 10.
Dallas Mavericks started accepting Dogecoin for payment
The Dallas Mavericks basketball club is the first in the NBA to accept Dogecoin as a means of payment, said club owner Mark Cuban. Explaining the reasons for the decision, the billionaire said: “Because we can! Sometimes in business you have to do things that are fun that increase engagement and hopefully create a lot of PR. Therefore, we will be accepting Dogecoin today, tomorrow, and possibly forever. ” To process transactions, Dallas Mavericks will use the BitPay service, which since 2019 has been making payments in bitcoin for the club in order to pay for tickets and merchandise.
The total cryptocurrency market capitalization at 17:25 is $ 1,444,108,501,021. Trading volume in 24 hours was $ 130,715,431,972
- Bitcoin fell 1.72% to $ 48,530.59
- Ethereum drops 2.78% to $ 1512.74
- Binance Coin Falls 2.8% To $ 229.36
- Tether fell 0.03% to $ 1
- Polkadot fell 5.09% to $ 33.96
The best growth among the top 100 cryptocurrencies was shown by: ZKSwap (+ 25.87%).
- Bitcoin: $ 0.332 for 1 TH / s
- Ether: $ 0.134 for 1 MH / s
- Binance Coin: $ 0.374 for 1 TH / s
- Tether: $ 5.714 for 1 GH / s
- Polkadot: $ 0.0414 for 1 GH / s
You can find a complete list of ongoing and expected ICOs at the link.