Ripple On Bearish Momentum: 16.05% Down In The Last 24 Hours

Fibo Quantum

Ripple is currently on bearish momentum. At 04:04 EST on Sat 26 Dec, Ripple is at $0.31 and down by 16.05% in the last 24 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.32 and the lower value was $0.31.

Over the last twelve hours, Ripple’s higher value was $0.32 and the lower value was $0.31.

In relation to Ripple’s daily highs and lows, it’s 2.833% up from its trailing 24-hour low of $0.30 and 18.816% down from its trailing 24-hour high of $0.38.

Concerning Ripple’s yearly highs and lows, it’s 168.028% up from its 52-week low and 59.831% down from its 52-week high.

Last news about Ripple

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, “”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.”, “”To be clear, this is all based on their illogical claim that XRP is, in their view, somehow the functional equivalent of a share of stock,” Garlinghouse wrote on Ripple’s company blog.”

High-flying crypto fund dumps XRP with ripple in SEC ‘hot water’. According to Bloomberg Quint on Wed Dec 23, “The decision comes after the Securities and Exchange Commission said in a lawsuit filed Tuesday that Ripple raised at least $1.4 billion through the sale of XRP without first registering it as a security with the agency, creating “an information vacuum” that mislead investors. “, “”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

 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, “There has been no substantial progress made on Bitcoin as a unit of exchange. “, “Talking Gold and Bitcoin with Anthony “Pomp” Pompliano”

Luxxfolio to acquire 590 Bitcoin miners. According to Business Insider on Thu Dec 24,

Bitcoin surges to fresh record high and looks set to break the $25,000 level: ‘merry bitmas’. According to Business Insider on Fri Dec 25, “Bitcoin has a current market cap of about $350 billion, while that of gold’s stands at roughly $10 trillion.”, “Bitcoin is soaring once again, hitting a new record price of $24,661 on Friday, with investors declaring “Happy Bitmas,” on social media.”

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