Ripple is currently on bearish momentum. At 05:03 EST on Tue 22 Dec, Ripple is at $0.46 and down by 5.23% in the last 6 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.49 and the lower value was $0.46.
Over the last twelve hours, Ripple’s higher value was $0.53 and the lower value was $0.46.
Regarding Ripple’s daily highs and lows, it’s 0.565% up from its trailing 24-hour low of $0.46 and 12.717% down from its trailing 24-hour high of $0.53.
In relation to Ripple’s yearly highs and lows, it’s 301.911% up from its 52-week low and 39.766% down from its 52-week high.
Last days 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 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. “
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.”, “The “security” label matters because it could bring XRP under strict new rules, and that could heavily impact Ripple. “
News about Bitcoin
The CIO of a new crypto fund that has returned 220% to investors this year explains why Bitcoin topped $20,000 for the first time ever this week – and shares another digital currency set to become…. According to Business Insider on Sat Dec 19, “Bitcoin has surged into the stratosphere this year, but it is by no means the best-performing cryptocurrency.”, “Bitcoin’s 212% rally this year is driven by all types of new investors who had never invested in bitcoin but are now jumping on the bandwagon, Hougan said.”
Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, “For those investors looking for access to Bitcoin but who are reluctant or unsure how to get direct exposure, the ease of buying products like BITW or GBTC through a brokerage platform trumps the extra cost.”, “Bitcoin’s awe-inspiring surge to record highs has investors racing for exposure to the rally — even if it means paying an absurdly high markup.”
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.”