Ripple is currently on bearish momentum. At 17:03 EST on Tue 22 Dec, Ripple is at $0.43 and down by 10.1% in the last 6 hours.
Ripple Range
Over the last six hours, Ripple's higher value was $0.47 and the lower value was $0.43.
Over the last twelve hours, Ripple's higher value was $0.49 and the lower value was $0.43.
In relation to Ripple's daily highs and lows, it's 0.488% down from its trailing 24-hour low of $0.43 and 19.264% down from its trailing 24-hour high of $0.53.
Regarding Ripple's yearly highs and lows, it's 271.764% up from its 52-week low and 44.284% down from its 52-week high.
Last news about Ripple
Ripple to face SEC suit over XRP cryptocurrency. According to The Wall Street Journal on Tue Dec 22, "Ripple Inc. said it will defend itself against a lawsuit from the Securities and Exchange Commission that claims the company violated investor-protection laws when it sold a bitcoin-like digital asset called XRP.", "Ripple had a $10 billion valuation in its most recent funding round in 2019, and XRP is the third-largest cryptocurrency by market value."
Cryptocurrency firm ripple expects to be sued by the sec; XRP plunges. According to CNBC on Tue Dec 22, "The fresh scrutiny over Ripple comes days after the Treasury Department proposed a new bitcoin disclosure rule aimed at closing money-laundering regulatory gaps. ", "Instead of providing a clear regulatory framework for crypto in the U.S., (SEC Chairman) Jay Clayton inexplicably decided to sue Ripple - leaving the actual legal work to the next Administration.""
Ripple says it faces SEC lawsuit as cryptocurrency XRP drops. According to Bloomberg Quint on Tue Dec 22, "Ripple will challenge the suit in the courts "to get clear rules of the road for the entire industry in the U.S.," he added.", "Whether Ripple is a security has been at the center of debate within the sector since the SEC comments."
News about Bitcoin
The CIO of a new crypto fund that has returned 220% to investors this year explains why Bitcoin topped $20,000 for the first time ever this week - and shares another digital currency set to become.... According to Business Insider on Sat Dec 19, ""Ethereum is more flexible than Bitcoin. ", ""That's a signal from a well-established financial institution that there's more to crypto than Bitcoin," he said."
Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, "Companies that dabble in crypto-related industries have served as a proxy for exposure since the Bitcoin bubble of 2017. ", "For those investors looking for access to Bitcoin but who are reluctant or unsure how to get direct exposure, the ease of buying products like BITW or GBTC through a brokerage platform trumps the extra cost."
Elon Musk inquired on twitter about 'large' Bitcoin transactions after a crypto booster suggested he convert Tesla's balance sheet. According to Business Insider on Mon Dec 21, "Before the exchange with Saylor, he tweeted "Bitcoin is my safe word," but then followed up by saying, "Just kidding, who needs a safe word anyway!?"", "Following the Saylor conversation, Musk tweeted: "Bitcoin is almost as bs as fiat money," and then suggested to his followers he's a fan of Dogecoin, a parody cryptocurrency."