Ripple is currently on bearish momentum. At 02:09 EST on Thu 24 Dec, Ripple is at $0.25 and down by 19.9% in the last 6 hours.
Over the last six hours, Ripple’s higher value was $0.30 and the lower value was $0.25.
Over the last twelve hours, Ripple’s higher value was $0.31 and the lower value was $0.25.
In relation to Ripple’s daily highs and lows, it’s 0.52% up from its trailing 24-hour low of $0.25 and 30.194% down from its trailing 24-hour high of $0.36.
Concerning Ripple’s yearly highs and lows, it’s 118.332% up from its 52-week low and 67.279% 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 said it was informed by the commission on Monday that regulators soon plan to sue the company, Chief Executive Brad Garlinghouse and co-founder Chris Larsen in federal civil court. “, “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, “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.””, “The fresh scrutiny over Ripple comes days after the Treasury Department proposed a new bitcoin disclosure rule aimed at closing money-laundering regulatory gaps. “
Ripple says it faces SEC lawsuit as cryptocurrency XRP drops. According to Bloomberg Quint on Tue Dec 22, “The U.S. regulator has “inexplicably decided to sue Ripple,” the firm’s Chief Executive Officer Brad Garlinghouse said in an emailed statement. “, “Whether Ripple is a security has been at the center of debate within the sector since the SEC comments.”
Ripple labs, executives sued by SEC for failing to register XRP. According to Bloomberg Quint on Tue Dec 22, “On Monday, the CEO disclosed that the regulators had “inexplicably decided to sue Ripple” but he didn’t specify the nature of the allegations. “, “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, “”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.”, “Blockchain company Ripple has been running a $1.3 billion unregistered offering, akin to an unlicensed stock sale, according to a complaint filed Tuesday by the US Securities and Exchange Commission.”
High-flying crypto fund dumps XRP with ripple in SEC ‘hot water’. According to Bloomberg Quint on Wed Dec 23, “BI expects that Ripple will answer the agency’s complaint next quarter, and that a decision could come in early 2022.”, “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
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.”