Ripple is currently on bearish momentum. At 04:03 EST on Thu 24 Dec, Ripple is at $0.27 and down by 28.56% 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.
In relation to Ripple’s daily highs and lows, it’s 8.96% up from its trailing 24-hour low of $0.25 and 24.333% down from its trailing 24-hour high of $0.36.
In relation to Ripple’s yearly highs and lows, it’s 136.664% up from its 52-week low and 64.531% 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 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."
Cryptocurrency firm ripple expects to be sued by the sec; XRP plunges. According to CNBC on Tue Dec 22, "According to Ripple, the SEC plans to argue XRP is a security and that Ripple violated U.S. laws by not registering the token with the SEC before listing it.", "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, "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 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., 20-cv-10832, U.S. District Court, Southern District of New York.", "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. "
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, "The suit revolves around XRP, launched in 2013, which Ripple calls a cryptocurrency. ", "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, "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.", "BI expects that Ripple will answer the agency’s complaint next quarter, and that a decision could come in early 2022."
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."