Ripple On Bearish Momentum: 5.44% Down In The Last 6 Hours

Ripple is currently on bearish momentum. At 16:03 EST on Tue 22 Dec, Ripple is at $0.46 and down by 5.44% in the last 6 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.48 and the lower value was $0.46.

Over the last twelve hours, Ripple’s higher value was $0.49 and the lower value was $0.46.

Regarding Ripple’s daily highs and lows, it’s 0.478% down from its trailing 24-hour low of $0.46 and 13.623% down from its trailing 24-hour high of $0.53.

Concerning Ripple’s yearly highs and lows, it’s 297.741% up from its 52-week low and 40.391% 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 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 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.”, “According to Ripple, the SEC plans to argue XRP is a security and that Ripple violated U.S. laws by not registering the token with the SEC before listing it.”

Ripple says it faces SEC lawsuit as cryptocurrency XRP drops. 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.,” he added.”, “XRP, the world’s third-largest cryptocurrency, slumped after Ripple Labs Inc. said it faces a U.S. Securities and Exchange Commission lawsuit over its affiliated token.”

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 can only be programmed to do certain things and ethereum can be programmed to do many things,” he said. “, “”The core thesis supporting crypto and Bitcoin is that this is a once-in-a-generation style technological breakthrough that’s penetrating multiple multi-trillion-dollar markets,” he added. “

Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, “At BITW’s 358% premium — which doesn’t just hold Bitcoin — that sum balloons to $104,424.”, “Companies that dabble in crypto-related industries have served as a proxy for exposure since the Bitcoin bubble of 2017. “

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.”