Ripple On Bullish Momentum: 4.38% Up In The Last 6 Hours

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Ripple is currently on bullish momentum. At 08:04 EST on Fri 25 Dec, Ripple is at $0.36 and up by 4.38% in the last 6 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.38 and the lower value was $0.35.

Over the last twelve hours, Ripple’s higher value was $0.38 and the lower value was $0.33.

Concerning Ripple’s daily highs and lows, it’s 40.308% up from its trailing 24-hour low of $0.26 and 4% down from its trailing 24-hour high of $0.38.

Regarding Ripple’s yearly highs and lows, it’s 216.942% up from its 52-week low and 52.5% 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.”, “None of those companies, though, was as big as Ripple and XRP. “

Cryptocurrency firm ripple expects to be sued by the sec; XRP plunges. According to CNBC on Tue Dec 22, “Instead of providing a clear regulatory framework for crypto in the U.S., (SEC Chairman) Jay Clayton inexplicably decided to sue Ripple – leaving the actual legal work to the next Administration.””, “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.”, “Ripple earlier this year also failed to persuade a judge to throw out a proposed class-action lawsuit accusing the company of selling unregistered securities.”

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, “Ripple had begun its campaign against the SEC suit before it was even filed. “, “”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, “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.”, “”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.”, “Then, as Bitcoin ran up, it bought more, and the stock has now soared thanks to the bet. “

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, “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%. “, “There has been no substantial progress made on Bitcoin as a unit of exchange. “

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

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