Ripple is currently on bearish momentum. At 19:07 EST on Wed 23 Dec, Ripple is at $0.26 and down by 22.86% in the last 6 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.32 and the lower value was $0.26.
Over the last twelve hours, Ripple’s higher value was $0.36 and the lower value was $0.26.
Concerning Ripple’s daily highs and lows, it’s 0.231% down from its trailing 24-hour low of $0.26 and 39.674% down from its trailing 24-hour high of $0.43.
Concerning Ripple’s yearly highs and lows, it’s 0% down from its 52-week low and 0% 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, “Ripple, the fintech company best known for cryptocurrency XRP, has said it expects to be sued by the Securities and Exchange Commission over allegations that it violated investor protection laws.”, “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.”
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, “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. and its top executives were accused by the U.S. Securities and Exchange Commission of misleading investors in XRP, the world’s third-largest cryptocurrency, by selling more than $1 billion of the virtual tokens without registering with the agency.”
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.”, “”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.”
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.”, “The decision comes after the Securities and Exchange Commission said in a lawsuit filed Tuesday that Ripple raised at least $1.4 billion through the sale of XRP without first registering it as a security with the agency, creating “an information vacuum” that mislead investors. “
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.”