Ripple is currently on bullish momentum. At 08:03 EST on Thu 24 Dec, Ripple is at $0.27 and up by 4.07% in the last 6 hours.
Over the last six hours, Ripple’s higher value was $0.27 and the lower value was $0.26.
Over the last twelve hours, Ripple’s higher value was $0.30 and the lower value was $0.25.
Regarding Ripple’s daily highs and lows, it’s 8.44% up from its trailing 24-hour low of $0.25 and 20.265% down from its trailing 24-hour high of $0.34.
Concerning Ripple’s yearly highs and lows, it’s 135.534% up from its 52-week low and 64.701% 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, "Ripple maintains that XRP – like bitcoin – should be classified as a currency and doesn’t have to be registered as an investment contract. ", "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.", "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 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., 20-cv-10832, U.S. District Court, Southern District of New York."
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, "Blockchain company Ripple has been running a $1.3 billion unregistered offering, akin to an unlicensed stock sale, according to a complaint filed Tuesday by the US Securities and Exchange Commission.", "Ripple had begun its campaign against the SEC suit before it was even filed. "
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
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."
michael saylor, the CEO who turned a software company into a Bitcoin company. According to Bloomberg Quint on Thu Dec 24, "This past summer, the business intelligence software company MicroStrategy made waves when it put some of its extra cash into Bitcoin. ", "We speak with MicroStrategy’s CEO, Michael Saylor, on why he thinks Bitcoin is the best reserve asset for any company."
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. "