Ripple is currently on bullish momentum. At 13:03 EST on Wednesday, 30 December, Ripple is at $0.22 and up by 7.97% in the last 12 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.23 and the lower value was $0.22.
Over the last twelve hours, Ripple’s higher value was $0.23 and the lower value was $0.20.
In relation to Ripple’s daily highs and lows, it’s 9.75% up from its trailing 24-hour low of $0.20 and 8.542% down from its trailing 24-hour high of $0.24.
Regarding Ripple’s yearly highs and lows, it’s 90.704% up from its 52-week low and 71.419% 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 continued its plunge after Coinbase became the latest U.S. crypto exchange to remove the world’s fourth-biggest coin in the wake of an SEC lawsuit against Ripple Labs Inc.”, “”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, “”We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway,” said Tyler Page, a business developer at Bitfury. “, “The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled.”
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. “, “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.”
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, “In recent days bitcoin mining companies have announced major purchases of new equipment.”, “Marathon’s gains come as the company announced its purchasing 70,000 bitcoin mining rigs called Antminers from Bitmain for $170 million. “
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.””, “See Also: MicroStrategy Now Holds 70,470 Bitcoin After Spending $1.1B in 2020”
Bitcoin looks to gain traction in payments. According to The Wall Street Journal on Tuesday, 29 December, “Many of the companies that tried accepting bitcoin in 2014 and 2015, including Expedia Group Inc. and Dell Inc., later quietly dropped it.”, “Despite those inroads, industry watchers say bitcoin must gain traction as a form of payment to become more ubiquitous. “
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.”