Ripple is currently on bearish momentum. At 11:10 EST on Saturday, 2 January, Ripple is at $0.23 and down by 7.92% in the last 24 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.23 and the lower value was $0.23.
Over the last twelve hours, Ripple’s higher value was $0.24 and the lower value was $0.22.
In relation to Ripple’s daily highs and lows, it’s 3.909% up from its trailing 24-hour low of $0.22 and 8.56% down from its trailing 24-hour high of $0.25.
About Ripple’s yearly highs and lows, it’s 98.61% up from its 52-week low and 70.234% down from its 52-week high.
Volatility
Ripple’s last day, last week, and last month’s average volatility was a positive 8.01%, a negative 4.42%, and a negative 1.29%, respectively.
Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 14.73%, 20.25%, and 15.50%, respectively.
Last news about Ripple
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, “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.”, “In the complaint filed in San Francisco federal court, Thomas Sandoval is seeking damages for the commissions he and other consumers paid to Coinbase for XRP tokens.”Until late this month Coinbase sold the XRP token, the value of which was entirely linked to the success or failure of Ripple Co. and the managerial efforts of its executives,” he said in the complaint. “
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 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, “For years, regulators have quashed hopes of a Bitcoin exchange-traded fund, citing worries about everything from market volatility and industry manipulation to thin liquidity.”, “According to the filing, VanEck’s ETF plans to hold Bitcoin and will value its shares based on prices contributed by exchanges that MV Index Solutions GmbH believes represent the top five exchanges for the cryptocurrency.”
According to Business Insider on Thursday, 31 December, “The VanEck Bitcoin Trust would reflect the performance of the MVIS CryptoCompare Bitcoin Benchmark Rate.”