Ripple On Bullish Momentum: 12.14% Up In The Last 6 Hours

Ripple is currently on bullish momentum. At 07:07 EST on Fri 25 Dec, Ripple is at $0.38 and up by 12.14% in the last 6 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.38 and the lower value was $0.34.

Over the last twelve hours, Ripple’s higher value was $0.38 and the lower value was $0.33.

Regarding Ripple’s daily highs and lows, it’s 46.385% up from its trailing 24-hour low of $0.26 and 0.158% up from its trailing 24-hour high of $0.38.

Concerning Ripple’s yearly highs and lows, it’s 230.669% up from its 52-week low and 50.443% 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 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.”, “Ripple had a $10 billion valuation in its most recent funding round in 2019, and XRP is the third-largest cryptocurrency by market value.”

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.””, “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 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.”, “Ripple earlier this year also failed to persuade a judge to throw out a proposed class-action lawsuit accusing the company of selling unregistered securities.”

Ripple labs, executives sued by SEC for failing to register XRP. According to Bloomberg Quint on Tue Dec 22, “Ripple Labs Inc., 20-cv-10832, U.S. District Court, Southern District of New York.”, “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.”, “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

 michael saylor, the CEO who turned a software company into a Bitcoin company. According to Bloomberg Quint on Thu Dec 24, “We speak with MicroStrategy’s CEO, Michael Saylor, on why he thinks Bitcoin is the best reserve asset for any company.”, “This past summer, the business intelligence software company MicroStrategy made waves when it put some of its extra cash into Bitcoin. “

Bitcoin rally has already outlasted 2017 run. According to The Wall Street Journal on Thu Dec 24, “Bitcoin bulls say the money fueling this year’s rally is coming from more reliable sources than past rallies. “

Bitcoin crushes doubters as 224% rally proves it’s here to stay. According to Bloomberg Quint on Thu Dec 24, “Talking Gold and Bitcoin with Anthony “Pomp” Pompliano”, “Since Bitcoin’s market capitalization reached $1 billion in March 2013, there have been two cycles of spikes to record highs, followed by drawdowns of more than 80%. “

Luxxfolio to acquire 590 Bitcoin miners. According to Business Insider on Thu Dec 24,