Ripple is currently on bearish momentum. At 18:05 EST on Fri 25 Dec, Ripple is at $0.31 and down by 23.25% in the last 12 hours.
Over the last six hours, Ripple’s higher value was $0.34 and the lower value was $0.31.
Over the last twelve hours, Ripple’s higher value was $0.38 and the lower value was $0.30.
Regarding Ripple’s daily highs and lows, it’s 2.933% up from its trailing 24-hour low of $0.30 and 18.737% down from its trailing 24-hour high of $0.38.
In relation to Ripple’s yearly highs and lows, it’s 168.288% up from its 52-week low and 59.792% 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 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.”
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. “, “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.”, “The U.S. regulator has “inexplicably decided to sue Ripple,” the firm’s Chief Executive Officer Brad Garlinghouse said in an emailed statement. “
Ripple labs, executives sued by SEC for failing to register XRP. According to Bloomberg Quint on Tue Dec 22, “”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.””, “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, “Two of Ripple’s lawyers on Tuesday said the SEC’s suit was without merit.”, “Ripple violated federal securities laws by not registering XRP as a security, which would require greater disclosure, giving investors a more complete background as they value it, the SEC said.”
High-flying crypto fund dumps XRP with ripple in SEC ‘hot water’. According to Bloomberg Quint on Wed Dec 23, “Bitwise Asset Management is dumping what was the world’s third-largest cryptocurrency after Ripple Labs Inc. and its top executives were accused by U.S. regulators of selling more than $1 billion of unregistered virtual tokens.”, “Not only is Ripple in “hot water” and unlikely to beat the SEC’s lawsuit, but XRP may become more difficult to trade and transact in should U.S. marketplaces be unwilling to list it, according to a Bloomberg Intelligence report.”
News about Bitcoin
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. “
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, “However, Bitcoin investors – known for their unquenchable optimism – think this is just the start.”, “Bitcoin is soaring once again, hitting a new record price of $24,661 on Friday, with investors declaring “Happy Bitmas,” on social media.”