Ripple is currently on bearish momentum. At 00:05 EST on Tue 22 Dec, Ripple is at $0.49 and down by 5.96% in the last 6 hours.
Over the last six hours, Ripple’s higher value was $0.52 and the lower value was $0.48.
Over the last twelve hours, Ripple’s higher value was $0.53 and the lower value was $0.48.
Regarding Ripple’s daily highs and lows, it’s 1.417% up from its trailing 24-hour low of $0.48 and 13.071% down from its trailing 24-hour high of $0.56.
In relation to Ripple’s yearly highs and lows, it’s 322.937% up from its 52-week low and 36.615% down from its 52-week high.
Last days 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.”
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. “, “Bitcoin’s 212% rally this year is driven by all types of new investors who had never invested in bitcoin but are now jumping on the bandwagon, Hougan said.”
Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, “”It’s absolutely mind-boggling that regulators allow retail investors to access these products, but won’t allow a Bitcoin ETF which would easily solve the premium issue.””, “”That’s not to say advisors can’t learn how to use crypto apps or Cash App, but if you want to get Bitcoin in existing legacy financial systems — where almost all the money is — you need something that works in that system.””
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.”