Ripple is currently on bearish momentum. At 18:04 EST on Tue 22 Dec, Ripple is at $0.44 and down by 7.29% in the last 6 hours.
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.
In relation to Ripple’s daily highs and lows, it’s 2.023% up from its trailing 24-hour low of $0.43 and 15.635% down from its trailing 24-hour high of $0.52.
Regarding Ripple’s yearly highs and lows, it’s 281.147% up from its 52-week low and 42.878% 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, "The fresh scrutiny over Ripple comes days after the Treasury Department proposed a new bitcoin disclosure rule aimed at closing money-laundering regulatory gaps. ", "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.""
Ripple says it faces SEC lawsuit as cryptocurrency XRP drops. According to Bloomberg Quint on Tue Dec 22, "XRP, the world’s third-largest cryptocurrency, slumped after Ripple Labs Inc. said it faces a U.S. Securities and Exchange Commission lawsuit over its affiliated token.", "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 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. ", "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."
News about Bitcoin
The CIO of a new crypto fund that has returned 220% to investors this year explains why Bitcoin topped $20,000 for the first time ever this week – and shares another digital currency set to become…. According to Business Insider on Sat Dec 19, ""The core thesis supporting crypto and Bitcoin is that this is a once-in-a-generation style technological breakthrough that’s penetrating multiple multi-trillion-dollar markets," he added. ", ""Ethereum is more flexible than Bitcoin. "
Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, "Companies that dabble in crypto-related industries have served as a proxy for exposure since the Bitcoin bubble of 2017. ", "Neither vehicle allows for redemptions, meaning that a fixed number of shares are issued, though secondary offerings are allowed by GBTC for institutional investors who contribute 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."