Ripple is currently on bullish momentum. At 02:03 EST on Fri 25 Dec, Ripple is at $0.34 and up by 30.54% in the last 12 hours.
Ripple Range
Over the last six hours, Ripple's higher value was $0.35 and the lower value was $0.33.
Over the last twelve hours, Ripple's higher value was $0.35 and the lower value was $0.26.
Concerning Ripple's daily highs and lows, it's 30.538% up from its trailing 24-hour low of $0.26 and 3.029% down from its trailing 24-hour high of $0.35.
Regarding Ripple's yearly highs and lows, it's 194.874% up from its 52-week low and 55.807% 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, "The fresh scrutiny over Ripple comes days after the Treasury Department proposed a new bitcoin disclosure rule aimed at closing money-laundering regulatory gaps. ", "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 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 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 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."
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. ", ""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.", ""Ripple also risks a court ruling that XRP is a security, which would subject it to stricter SEC rules that may curb transactions as U.S. virtual marketplaces may be reluctant to list XRP due to the risk of facilitating the sale of a potentially unregistered security.""
News about Bitcoin
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