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Ripple On Bearish Momentum: 5.42% Down In The Last 6 Hours

ViaNews Editorial Team

December 23, 2020

Ripple On Bearish Momentum: 5.42% Down In The Last 6 Hours

Ripple is currently on bearish momentum. At 19:03 EST on Tue 22 Dec, Ripple is at $0.45 and down by 5.42% in the last 6 hours.

Ripple Range

Over the last six hours, Ripple's higher value was $0.47 and the lower value was $0.43.

Over the last twelve hours, Ripple's higher value was $0.49 and the lower value was $0.43.

Regarding Ripple's daily highs and lows, it's 3.884% up from its trailing 24-hour low of $0.43 and 10.66% down from its trailing 24-hour high of $0.50.

Concerning Ripple's yearly highs and lows, it's 0% down from its 52-week low and 0% 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 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.", "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. "

Cryptocurrency firm ripple expects to be sued by the sec; XRP plunges. According to CNBC on Tue Dec 22, "Instead of providing a clear regulatory framework for crypto in the U.S., (SEC Chairman) Jay Clayton inexplicably decided to sue Ripple - leaving the actual legal work to the next Administration."", "Though it claims to be independent of the cryptocurrency, Ripple owns 55 billion of the total 100 billion XRP tokens in existence. "

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.", "The U.S. regulator has "inexplicably decided to sue Ripple," the firm's Chief Executive Officer Brad Garlinghouse said in an emailed statement. "

Ripple labs, executives sued by SEC for failing to register XRP. According to Bloomberg Quint on Tue Dec 22, "On Monday, the CEO disclosed that the regulators had "inexplicably decided to sue Ripple" but he didn't specify the nature of the allegations. ", ""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.""

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."

In this story · Knowledge Files

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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