Ripple is currently on bearish momentum. At 23:04 EST on Tue 22 Dec, Ripple is at $0.42 and down by 5.56% in the last 6 hours.
Over the last six hours, Ripple’s higher value was $0.45 and the lower value was $0.41.
Over the last twelve hours, Ripple’s higher value was $0.47 and the lower value was $0.41.
In relation to Ripple’s daily highs and lows, it’s 1.366% up from its trailing 24-hour low of $0.41 and 15.184% down from its trailing 24-hour high of $0.49.
In relation to Ripple’s yearly highs and lows, it’s 261.077% up from its 52-week low and 45.885% 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. ", "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, "The fresh scrutiny over Ripple comes days after the Treasury Department proposed a new bitcoin disclosure rule aimed at closing money-laundering regulatory gaps. ", "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, "Whether Ripple is a security has been at the center of debate within the sector since the SEC comments.", "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, "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.", "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. "
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."