Ripple On Bullish Momentum: 10.12% Up In The Last 6 Hours

Fibo Quantum

Ripple is currently on bullish momentum. At 21:04 EST on Wed 23 Dec, Ripple is at $0.30 and up by 10.12% in the last 6 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.30 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.

In relation to Ripple’s daily highs and lows, it’s 15.885% up from its trailing 24-hour low of $0.26 and 28.262% down from its trailing 24-hour high of $0.42.

In relation to Ripple’s yearly highs and lows, it’s 161.772% up from its 52-week low and 60.768% 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, “Ripple has threatened move its headquarters outside of the U.S. over the issue, with London, Switzerland, Singapore, Japan and the United Arab Emirates tipped as potential locations.”, “The “security” label matters because it could bring XRP under strict new rules, and that could heavily impact Ripple. “

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 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. “, “The suit revolves around XRP, launched in 2013, which Ripple calls a cryptocurrency. “

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.”, “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.”

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.”

Wood Profits Banner>