Ripple is currently on bearish momentum. At 17:03 EST on Wednesday, 30 December, Ripple is at $0.21 and down by 6.88% in the last 6 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 $0.23 and the lower value was $0.21.
Concerning Ripple’s daily highs and lows, it’s 4.65% up from its trailing 24-hour low of $0.20 and 9% down from its trailing 24-hour high of $0.23.
About Ripple’s yearly highs and lows, it’s 81.842% up from its 52-week low and 72.747% down from its 52-week high.
Volatility
Ripple’s last day, last week, and last month’s average volatility was a negative 12.22%, a negative 4.18%, and a negative 1.60%, respectively.
Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 42.05%, 29.60%, and 15.11%, respectively.
Last news about Ripple
According to Bloomberg Quint on Sunday, 27 December, “Clayton’s exit from the regulator is welcome news for crypto fans who saw him take a hard line over the years, suing to halt initial coin offerings, rejecting applications for Bitcoin exchange-traded funds and launching a last-minute lawsuit against Ripple Labs Inc. Gensler, who served as a Commodity Futures Trading Commission chairman during the Obama administration, is a senior advisor to the MIT Media Lab Digital Currency Initiative and teaches about blockchain technology and digital currencies.”
According to The Wall Street Journal on Sunday, 27 December, “Their decisions could ripple through the global economy, fueling growth in some places while curbing it in others. “
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.”
According to Business Insider on Monday, 28 December,
According to The Wall Street Journal on Monday, 28 December, “While AT&T said Monday that it restored most service in Nashville, the incident illustrates how a problem at one of these physical locations can send ripple effects across an entire region’s digital infrastructure. “
According to The Wall Street Journal on Tuesday, 29 December, “Any new regional tax rules will ripple across a global economy seeking recovery in 2021. “
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, “XRP tumbled 37% Tuesday, bringing its drop to 60% in the week since securities regulators accused Ripple of issuing more than $1 billion in unregistered tokens. “, “”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. “
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.”
News about Bitcoin
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sunday, 27 December, “”It is one of the biggest developments in Bitcoin mining to look out for.””, “”We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway,” said Tyler Page, a business developer at Bitfury. “
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sunday, 27 December, “”What’s happening now — and it’s happening faster than anyone could ever imagine — is that Bitcoin is moving from a fringe esoteric asset to the mainstream,” said Matt Hougan, chief investment officer of Bitwise Asset Management. “, “While none of those reasons for buying Bitcoin comport with its origins as an alternative to fiat currencies, they do point to a growing acceptance of crypto as an asset class of its own. “
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Monday, 28 December, “Read more: Bitcoin Crushes Doubters as 224% Rally Proves It’s Here to Stay”, “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, “Edward Moya, senior market analyst at Oanda, says demand for Bitcoin is “relentless.””, “Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development.”
Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Monday, 28 December, “On Sunday, bitcoin briefly jumped past $28,000, just one day after passing $27,000 for the first time. “, “Last week CleanSpark announced its adding 1,000 bitcoin miners to its mining fleet.”
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.””, “Grayscale Bitcoin Trust (OTC:GBTC) and Grayscale Ethereum Trust (OTC:ETHE) closed 11.33% and 4.32% higher at $30.45 and $16.90 on Monday, respectively.”
Bitcoin looks to gain traction in payments. According to The Wall Street Journal on Tuesday, 29 December, “The dealership recently sold two high-end sports cars-a 2017 Pagani Huayra Roadster and a2019 Bugatti Chiron-to a customer who paid more than $6 million in bitcoin, according to owner Nick Dossa, who says about 3% to 5% of the dealership’s revenue comes from bitcoin transactions.”, “Vegas Auto Gallery, a luxury auto dealership in Las Vegas, has become a playground for wealthy bitcoin investors who want to cash in.”
Bitcoin hits new record, set for biggest monthly gain since 2019. According to Bloomberg Quint on Wednesday, 30 December, “Read more: Bitcoin Crushes Doubters as 224% Rally Proves It’s Here to Stay”, “”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.”