Ripple is currently on bullish momentum. At 19:05 EST on Thu 24 Dec, Ripple is at $0.34 and up by 31.15% in the last 6 hours.
Over the last six hours, Ripple’s higher value was $0.34 and the lower value was $0.26.
Over the last twelve hours, Ripple’s higher value was $0.34 and the lower value was $0.26.
Regarding Ripple’s daily highs and lows, it’s 36.92% up from its trailing 24-hour low of $0.25 and 0.676% up from its trailing 24-hour high of $0.34.
In relation to 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 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 "security" label matters because it could bring XRP under strict new rules, and that could heavily impact Ripple. ", "Ripple, the fintech company best known for cryptocurrency XRP, has said it expects to be sued by the Securities and Exchange Commission over allegations that it violated investor protection laws."
Ripple says it faces SEC lawsuit as cryptocurrency XRP drops. According to Bloomberg Quint on Tue Dec 22, "The U.S. regulator has "inexplicably decided to sue Ripple," the firm’s Chief Executive Officer Brad Garlinghouse said in an emailed statement. ", "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 Labs Inc., 20-cv-10832, U.S. District Court, Southern District of New York.", ""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.""
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, "Ripple had begun its campaign against the SEC suit before it was even filed. ", ""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, "San Fransisco-based Ripple has denied the allegations. ", "BI expects that Ripple will answer the agency’s complaint next quarter, and that a decision could come in early 2022."
News about Bitcoin
michael saylor, the CEO who turned a software company into a Bitcoin company. According to Bloomberg Quint on Thu Dec 24, "We speak with MicroStrategy’s CEO, Michael Saylor, on why he thinks Bitcoin is the best reserve asset for any company.", "This past summer, the business intelligence software company MicroStrategy made waves when it put some of its extra cash into Bitcoin. "
Bitcoin rally has already outlasted 2017 run. According to The Wall Street Journal on Thu Dec 24, "Bitcoin bulls say the money fueling this year’s rally is coming from more reliable sources than past rallies. "
Bitcoin crushes doubters as 224% rally proves it’s here to stay. According to Bloomberg Quint on Thu Dec 24, "Talking Gold and Bitcoin with Anthony "Pomp" Pompliano", "Since Bitcoin’s market capitalization reached $1 billion in March 2013, there have been two cycles of spikes to record highs, followed by drawdowns of more than 80%. "
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