Ripple On Bearish Momentum: 8.41% Down In The Last 24 Hours

Ripple is currently on bearish momentum. At 10:03 EST on Thursday, 31 December, Ripple is at $0.21 and down by 8.41% in the last 24 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.22 and the lower value was $0.21.

Over the last twelve hours, Ripple’s higher value was $0.22 and the lower value was $0.21.

Concerning Ripple’s daily highs and lows, it’s 1.952% up from its trailing 24-hour low of $0.21 and 6.913% down from its trailing 24-hour high of $0.23.

In relation to Ripple’s yearly highs and lows, it’s 86.012% up from its 52-week low and 72.122% down from its 52-week high.

Volatility

Ripple’s last day, last week, and last month’s average volatility was a negative 4.34%, a negative 2.61%, and a negative 1.64%, respectively.

Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 20.90%, 28.73%, and 15.54%, respectively.

Last news about Ripple

According to Bloomberg Quint on Monday, 28 December, “The Securities and Exchange Commission last week accused Ripple Labs Inc. and its top executives of misleading investors in affiliated token XRP. “, “While Ripple plans to challenge the accusation in the courts, the development underscores the prospect of stricter oversight of digital assets.”

According to Bloomberg Quint on Monday, 28 December, “The Securities and Exchange Commission last week accused Ripple Labs Inc. and its top executives of misleading investors in affiliated token XRP. “, “While Ripple plans to challenge the accusation in the courts, the development underscores the prospect of stricter oversight of digital assets.”

Coinbase joins a lengthening list of exchanges to drop ripple’s XRP. According to FX Empire on Tuesday, 29 December, “After having made inroads into bridging financial institutions with blockchain, Ripple Lab now looks to be in doubt.”

According to Bloomberg Quint on Tuesday, 29 December, “The SEC has introduced more uncertainty into the market, actively harming the community they’re supposed to protect,” Ripple said in a statement on its website. “, “For XRP to work as Ripple intends, XRP needs to be very liquid, so this particularly harmful,” said Kyle Samani, co-founder of Multicoin Capital.”

According to Bloomberg Quint on Wednesday, 30 December, “The Securities and Exchange Commission this month accused Ripple Labs Inc. and its top executives of misleading investors in affiliated token XRP. “, “While Ripple plans to challenge the accusation in the courts, the development underscores the prospect of stricter oversight of digital assets.”

Coinbase sued over crypto XRP commissions after SEC pursues ripple. According to Bloomberg Quint on Wednesday, 30 December, “Coinbase Inc. knew cryptocurrency XRP was a security rather than a commodity and “illegally” sold Ripple Labs Inc.’s tokens anyway, a customer argues in a proposed class-action lawsuit over the commissions the crypto exchange collected.”, “Indeed, Ripple Co.’s survival as a corporate entity depended on its sale of unlicensed XRP securities to the public to fund its business operations.”

According to Bloomberg Quint on Thursday, 31 December, “The Securities and Exchange Commission this month accused Ripple Labs Inc. and its top executives of misleading investors in affiliated token XRP. “, “While Ripple plans to challenge the accusation in the courts, the development underscores the prospect of stricter oversight of digital assets.”

Ripple’s XRP sees more delistings – the list so far. According to FX Empire on Thursday, 31 December, “According to reports, it may take some time for Ripple Lab – SEC battle to conclude. “

News about Bitcoin

Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Monday, 28 December, “Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development.”

Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Monday, 28 December, “Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development.”, “Edward Moya, senior market analyst at Oanda, says demand for Bitcoin is “relentless.”

Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tuesday, 29 December, “Basing his analysis on another chart, which uses three disparate Bitcoin cycles, Newton said, “All those years where we had a stellar Q4 we reversed course in trend back in late December, early January, and actually went lower.”, “At press-time Bitcoin traded 1.26% lower at $26,845.73 and Ethereum traded 1.06% higher at $715.97.”

Bitcoin hits new record, set for biggest monthly gain since 2019. According to Bloomberg Quint on Wednesday, 30 December, “While a growing institutional presence has been part of the narrative of the current bull run, we may see increased retail interest in Bitcoin as a form of digital gold,” Paolo Ardoino, chief technology officer of crypto exchange Bitfinex said in an email.”

South African Bitcoin trader under liquidation, business day says. According to Bloomberg Quint on Wednesday, 30 December, “A provisional liquidation order has been granted against a South African Bitcoin trading company that is said to have received about 9.45 billion rand ($644 million) from as many as 280,000 investors, Business Day reported.”

Wall street revives dream of a Bitcoin ETF with new SEC filing. According to Bloomberg Quint on Thursday, 31 December, “Such an ETF “could be taken as bullish for Bitcoin because it does broaden the universe of investors who could be aware of Bitcoin,” said Everett Millman, finance expert with Gainesville Coins.”, “VanEck’s filing comes in a week when Bitcoin has continued to set record highs — currently above $29,000. “

According to Business Insider on Thursday, 31 December, “The VanEck Bitcoin Trust would reflect the performance of the MVIS CryptoCompare Bitcoin Benchmark Rate.”