Ripple is currently on bearish momentum. At 08:03 EST on Wed 23 Dec, Ripple is at $0.36 and down by 14.09% in the last 12 hours.
Over the last six hours, Ripple’s higher value was $0.36 and the lower value was $0.32.
Over the last twelve hours, Ripple’s higher value was $0.42 and the lower value was $0.32.
Regarding Ripple’s daily highs and lows, it’s 12.688% up from its trailing 24-hour low of $0.32 and 26.408% down from its trailing 24-hour high of $0.49.
In relation to Ripple’s yearly highs and lows, it’s 213.293% up from its 52-week low and 53.047% 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, "None of those companies, though, was as big as Ripple and 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 "security" label matters because it could bring XRP under strict new rules, and that could heavily impact Ripple. ", "Ripple has threatened move its headquarters outside of the U.S. over the issue, with London, Switzerland, Singapore, Japan and the United Arab Emirates tipped as potential locations."
Ripple says it faces SEC lawsuit as cryptocurrency XRP drops. According to Bloomberg Quint on Tue Dec 22, "The U.S. regulator has "inexplicably decided to sue Ripple," the firm’s Chief Executive Officer Brad Garlinghouse said in an emailed statement. ", "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."
Ripple labs, executives sued by SEC for failing to register XRP. According to Bloomberg Quint on Tue Dec 22, "Ripple Labs Inc. and its top executives were accused by the U.S. Securities and Exchange Commission of misleading investors in XRP, the world’s third-largest cryptocurrency, by selling more than $1 billion of the virtual tokens without registering with the agency.", "Ripple will challenge the suit in the courts "to get clear rules of the road for the entire industry in the U.S.," Garlinghouse said."
US regulator charges ripple over its XRP asset, saying it's a $1.3 billion unregistered offering, not a cryptocurrency. According to Business Insider on Wed Dec 23, ""To be clear, this is all based on their illogical claim that XRP is, in their view, somehow the functional equivalent of a share of stock," Garlinghouse wrote on Ripple’s company blog.", ""Here, we allege that Ripple and its executives failed over a period of years to satisfy these core investor protection provisions, and as a result investors lacked information to which they were entitled," said Marc P. Berger, deputy director of the SEC’s Enforcement Division."
News about Bitcoin
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."