Ripple is currently on bearish momentum. At 06:03 EST on Thu 24 Dec, Ripple is at $0.27 and down by 23.35% in the last 24 hours.
Over the last six hours, Ripple’s higher value was $0.27 and the lower value was $0.25.
Over the last twelve hours, Ripple’s higher value was $0.30 and the lower value was $0.25.
Regarding Ripple’s daily highs and lows, it’s 6.04% up from its trailing 24-hour low of $0.25 and 26.361% down from its trailing 24-hour high of $0.36.
Regarding Ripple’s yearly highs and lows, it’s 130.321% up from its 52-week low and 65.482% 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, "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, the fintech company best known for cryptocurrency XRP, has said it expects to be sued by the Securities and Exchange Commission over allegations that it violated investor protection laws."
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 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 co-founder Christian Larsen and Chief Executive Officer Bradley Garlinghouse "created an information vacuum" that allowed them to sell XRP into a market that only had information they chose to share, the SEC said in a lawsuit filed Tuesday in New York. ", "On Monday, the CEO disclosed that the regulators had "inexplicably decided to sue Ripple" but he didn’t specify the nature of the allegations. "
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, "Ripple violated federal securities laws by not registering XRP as a security, which would require greater disclosure, giving investors a more complete background as they value it, the SEC said.", ""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."
High-flying crypto fund dumps XRP with ripple in SEC ‘hot water’. According to Bloomberg Quint on Wed Dec 23, "Unlike Bitcoin or Ether — which the SEC considers currencies and are decentralized — XRP’s value was mainly linked to Ripple products, with the firm attempting to influence supply and demand for the token, the analysts wrote.", "The decision comes after the Securities and Exchange Commission said in a lawsuit filed Tuesday that Ripple raised at least $1.4 billion through the sale of XRP without first registering it as a security with the agency, creating "an information vacuum" that mislead investors. "
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."
michael saylor, the CEO who turned a software company into a Bitcoin company. According to Bloomberg Quint on Thu Dec 24, "We speak with MicroStrategy’s CEO, Michael Saylor, on why he thinks Bitcoin is the best reserve asset for any company.", "This past summer, the business intelligence software company MicroStrategy made waves when it put some of its extra cash into Bitcoin. "