According to U.Today, Ripple CEO Brad Garlinghouse marked the one-year anniversary of a significant court ruling that declared XRP is not a security. On July 13, 2023, the court's decision was a landmark moment for Ripple and the broader cryptocurrency industry. Garlinghouse took to the X platform to reflect on the victory, criticizing the SEC's attempts to stifle the crypto sector through lawsuits and intimidation. He emphasized that the SEC's actions were wrong then and remain wrong now.

In other news, Shiba Inu (SHIB) enthusiasts are closely monitoring the token's charts as it approaches a significant moving average crossover for the first time in 2024. Data from TradingView indicates that the daily 50-day and 200-day simple moving averages (SMAs) are set to converge soon. This convergence could result in either a golden cross, signaling a potential upswing, or a death cross, indicating a possible downtrend. The outcome remains uncertain, and SHIB traders are eagerly awaiting the pattern's formation.

Additionally, Michael Saylor, cofounder of MicroStrategy and a prominent Bitcoin advocate, issued a crucial warning to the German Bitcoin community. In a recent X post, Saylor urged German BTC holders not to sell their Bitcoin, writing in German, "Du verkaufst deine Bitcoin nicht." This message comes in light of the German government's disposal of 50,179 BTC, valued at approximately $3.3 billion, according to Lookonchain data. Saylor has previously issued similar warnings to the global Bitcoin community during periods of market downturns.