Ripple On Bullish Momentum: 26.18% Up In The Last 12 Hours

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Ripple is currently on bullish momentum. At 00:03 EST on Fri 25 Dec, Ripple is at $0.33 and up by 26.18% in the last 12 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.35 and the lower value was $0.33.

Over the last twelve hours, Ripple’s higher value was $0.35 and the lower value was $0.26.

Concerning Ripple’s daily highs and lows, it’s 33.04% up from its trailing 24-hour low of $0.25 and 4.971% down from its trailing 24-hour high of $0.35.

Concerning Ripple’s yearly highs and lows, it’s 188.966% up from its 52-week low and 56.693% 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, “The “security” label matters because it could bring XRP under strict new rules, and that could heavily impact Ripple. “, “The SEC is set to bring a lawsuit against Ripple, CEO Brad Garlinghouse and co-founder Chris Larsen. “

Ripple says it faces SEC lawsuit as cryptocurrency XRP drops. According to Bloomberg Quint on Tue Dec 22, “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.”, “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 will challenge the suit in the courts “to get clear rules of the road for the entire industry in the U.S.,” Garlinghouse said.”, “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. “

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.”, “”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, “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.”, “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.”

News about Bitcoin

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