Ripple is currently on bearish momentum. At 16:03 EST on Wed 23 Dec, Ripple is at $0.27 and down by 15.5% in the last 6 hours.
Over the last six hours, Ripple’s higher value was $0.32 and the lower value was $0.27.
Over the last twelve hours, Ripple’s higher value was $0.36 and the lower value was $0.27.
Concerning Ripple’s daily highs and lows, it’s 1.333% up from its trailing 24-hour low of $0.27 and 39.2% down from its trailing 24-hour high of $0.45.
Regarding Ripple’s yearly highs and lows, it’s 137.706% up from its 52-week low and 64.375% 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 had a $10 billion valuation in its most recent funding round in 2019, and XRP is the third-largest cryptocurrency by market value.", "None of those companies, though, was as big as Ripple and XRP. "
Cryptocurrency firm ripple expects to be sued by the sec; XRP plunges. According to CNBC on Tue Dec 22, "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.", "The fresh scrutiny over Ripple comes days after the Treasury Department proposed a new bitcoin disclosure rule aimed at closing money-laundering regulatory gaps. "
Ripple says it faces SEC lawsuit as cryptocurrency XRP drops. According to Bloomberg Quint on Tue Dec 22, "Ripple earlier this year also failed to persuade a judge to throw out a proposed class-action lawsuit accusing the company of selling unregistered securities.", "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 used this money to fund its operations without disclosing how it was doing so, or the full extent of its payments to others to assist in its efforts to develop a ‘use’ for XRP and maintain XRP secondary trading markets."", "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.", "Two of Ripple’s lawyers on Tuesday said the SEC’s suit was without merit."
High-flying crypto fund dumps XRP with ripple in SEC ‘hot water’. According to Bloomberg Quint on Wed Dec 23, "Not only is Ripple in "hot water" and unlikely to beat the SEC’s lawsuit, but XRP may become more difficult to trade and transact in should U.S. marketplaces be unwilling to list it, according to a Bloomberg Intelligence report.", "Bitwise Asset Management is dumping what was the world’s third-largest cryptocurrency after Ripple Labs Inc. and its top executives were accused by U.S. regulators of selling more than $1 billion of unregistered virtual tokens."
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."