Ripple On Bullish Momentum: 27.2% Up In The Last 6 Hours

Ripple is currently on bullish momentum. At 22:03 EST on Thu 24 Dec, Ripple is at $0.35 and up by 27.2% in the last 6 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.35 and the lower value was $0.27.

Over the last twelve hours, Ripple’s higher value was $0.35 and the lower value was $0.26.

Concerning Ripple’s daily highs and lows, it’s 38.24% up from its trailing 24-hour low of $0.25 and 1.257% down from its trailing 24-hour high of $0.35.

Concerning Ripple’s yearly highs and lows, it’s 200.261% up from its 52-week low and 55% 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 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. “, “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, “The fresh scrutiny over Ripple comes days after the Treasury Department proposed a new bitcoin disclosure rule aimed at closing money-laundering regulatory gaps. “, “The “security” label matters because it could bring XRP under strict new rules, and that could heavily impact Ripple. “

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.”, “Whether Ripple is a security has been at the center of debate within the sector since the SEC comments.”

Ripple labs, executives sued by SEC for failing to register XRP. According to Bloomberg Quint on Tue Dec 22, “”Ripple used this money to fund its operations without disclosing how it was doing so, or the full extent of its payments to others to assist in its efforts to develop a ‘use’ for XRP and maintain XRP secondary trading markets.””, “Ripple co-founder Christian Larsen and Chief Executive Officer Bradley Garlinghouse “created an information vacuum” that allowed them to sell XRP into a market that only had information they chose to share, the SEC said in a lawsuit filed Tuesday in New York. “

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.”, “The suit revolves around XRP, launched in 2013, which Ripple calls a cryptocurrency. “

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.”, “San Fransisco-based Ripple has denied the allegations. “

News about Bitcoin

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