Ripple is currently on bearish momentum. At 10:03 EST on Wed 23 Dec, Ripple is at $0.34 and down by 22.74% 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.
Concerning Ripple’s daily highs and lows, it’s 5.813% up from its trailing 24-hour low of $0.32 and 29.458% down from its trailing 24-hour high of $0.48.
Regarding Ripple’s yearly highs and lows, it’s 194.179% up from its 52-week low and 55.911% 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 said it was informed by the commission on Monday that regulators soon plan to sue the company, Chief Executive Brad Garlinghouse and co-founder Chris Larsen in federal civil court. ", "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 maintains that XRP – like bitcoin – should be classified as a currency and doesn’t have to be registered as an investment contract. ", "It was created and distributed by the founders of Ripple in 2012, and is designed to facilitate fast cross-border payments."
Ripple says it faces SEC lawsuit as cryptocurrency XRP drops. According to Bloomberg Quint on Tue Dec 22, "Whether Ripple is a security has been at the center of debate within the sector since the SEC comments.", "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 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.", "Two of Ripple’s lawyers on Tuesday said the SEC’s suit was without merit."
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."