Ripple On Bullish Momentum: 30.38% Up In The Last 6 Hours

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Ripple is currently on bullish momentum. At 20:03 EST on Thu 24 Dec, Ripple is at $0.34 and up by 30.38% in the last 6 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.34 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 35.6% up from its trailing 24-hour low of $0.25 and 0.294% down from its trailing 24-hour high of $0.34.

Regarding Ripple’s yearly highs and lows, it’s 194.526% up from its 52-week low and 55.859% 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 had a $10 billion valuation in its most recent funding round in 2019, and XRP is the third-largest cryptocurrency by market value.”, “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, “Though it claims to be independent of the cryptocurrency, Ripple owns 55 billion of the total 100 billion XRP tokens in existence. “, “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, “Whether Ripple is a security has been at the center of debate within the sector since the SEC comments.”, “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 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 will challenge the suit in the courts “to get clear rules of the road for the entire industry in the U.S.,” Garlinghouse said.”

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.”, “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.”, “BI expects that Ripple will answer the agency’s complaint next quarter, and that a decision could come in early 2022.”

News about Bitcoin

 michael saylor, the CEO who turned a software company into a Bitcoin company. According to Bloomberg Quint on Thu Dec 24, “Then, as Bitcoin ran up, it bought more, and the stock has now soared thanks to the bet. “, “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. “, “Since Bitcoin’s market capitalization reached $1 billion in March 2013, there have been two cycles of spikes to record highs, followed by drawdowns of more than 80%. “

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

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