The post XRP Is Back: Rare Reversal Appears on Market appeared on BitcoinEthereumNews.com.
Bears are losing control Long way to go One of XRP’s most notable recovery patterns in recent months might be on display. In contrast to many reversals that start with traditional technical formations like inverse head-and-shoulders patterns, double bottoms, or capitulation spikes, XRP’s most recent rebound seems to be emerging naturally through a slow change in market structure. Bears are losing control XRP has been stuck in a steady downward trend on the daily chart for the majority of 2026. The asset was frequently driven lower by lower highs and lower lows, and the 50-day and 100-day moving averages served as dynamic resistance levels. However, it appears that sellers are starting to lose control based on recent price action. The departure from the sharply declining trajectory that dominated June trading is the most noteworthy development. Without first creating a textbook reversal pattern,
The post Bitcoin Reclaims $64K Despite Strategy’s New Sale and Resumed US-Iran Strikes: Weekly Recap appeared on BitcoinEthereumNews.com.
Meanwhile, Ethereum is back at $1,800, SOL is struggling to maintain $80, while XRP has defended the $1.10 support. It was another eventful week in the cryptocurrency markets, dominated by negative news, but BTC has somehow managed to stay afloat and mark some gains. Recall that bitcoin began its recovery last weekend after it had dipped below $58,000 earlier that week for the first time in nearly two years. However, it quickly rebounded and reclaimed the $60,000 resistance. It kept climbing on Friday and Saturday and tapped $63,300 before it retreated slightly to $62,500 on Sunday. Monday started on the right foot, with a surge to $64,000 for the first time in two weeks. However, the largest corporate holder of bitcoin announced its second sale in under two months at that point, resulting in immediate chaos. As this one was a lot more significant,
The post XRP Price Prediction: Is XRP Setting Up a 1,000% Move or Just Retesting the Same Resistance? appeared on BitcoinEthereumNews.com.
XRP is attempting a second breakout above the descending trendline after the first attempt failed in early July The 10-week ETF inflow streak is at risk with weekly flows at -$7.29M, pending Friday’s data A macro analyst flags an XRP accumulation pattern that previously preceded 1,000%+ rallies XRP trades at $1.1044 on July 10, up 1.08% and pressing against the descending trendline for the second time this month, with the chart labeling it “Another Breakout Attempt.” Is XRP’s Second Trendline Breakout Attempt More Convincing? XRP 1D Price Action (Source: TradingView) The daily chart shows XRP making a fresh push at the descending trendline that has capped every rally since May, with the chart annotating this move explicitly as another breakout attempt. The first try in early July cleared the line briefly before pulling back into the retest zone, whe
The post XRP News: Former SWIFT Exec Denies Integration Rumors, XRPL’s Independent Path Still Bullish? appeared on BitcoinEthereumNews.com.
The long-running rumor of a SWIFT-XRP integration just hit a wall. On July 10, 2026, Tom Zschach, former chief innovation officer at SWIFT, publicly dismissed claims that the global bank messaging network would back or integrate XRP or the XRP Ledger. SWIFT Moves Toward Tokenized Bank Deposits, Not Public Crypto Zschach explained that SWIFT is developing its own shared ledger for the blockchain system. It aims to address tokenized commercial bank deposits and interoperability between traditional finance and distributed ledgers, 24/7. His response on X was direct: “Not happening.” The statement came at a moment when XRPL is recording its strongest institutional milestones yet, without any SWIFT endorsement. Not happening — Tom Zschach (@TomZschach) July 10, 2026 First live transactions are planned for later in 2026. That ledger is built around regul
The post Top XRP Price Predictions, Shiba Inu Goes in Flames, and More: Bits Recap July 10 appeared on BitcoinEthereumNews.com.
A closer look at the recent performance of XRP, SHIB, and ETH, along with some price predictions. Ripple’s XRP has seen a minor resurgence over the past week, mirroring the broader crypto market’s revival. Some analysts believe the token is poised for a major pump, while others remain cautious, warning of a short-term pullback. Shiba Inu (SHIB) has also stepped into the spotlight thanks to its burning mechanism, whereas Ethereum (ETH) is pushing to break above $1,800 and might be gearing up for a move toward $2,000. Up or Down for XRP? Ripple’s cross-border token currently trades at around $1.11 (according to CoinGecko), marking only a marginal weekly gain despite several major developments surrounding the company in recent days. Many commentators on X think a much more substantial upswing could be on the way. Mikybull Crypto described the ongoing price leve
The post ‘What an Amazing Coincidence’: Ripple CTO Emeritus Reacts to Multi-Million XRP Deal appeared on BitcoinEthereumNews.com.
Former Ripple Chief Technology Officer and current CTO Emeritus David Schwartz sarcastically commented on the company’s new sponsorship deal with the University of Kansas athletics department and the Kansas Jayhawks. Ripple CEO Brad Garlinghouse previously announced that the XRP logo would appear on the teams’ uniforms, marking the first such integration in the history of US college sports. According to sports insiders, like Ben Portnoy, the major five-year contract is valued at approximately $30 million. Schwartz’s post was an obvious inside joke as Ripple’s multimillion-dollar marketing budget predictably went exactly where the CEO’s personal loyalties pointed. Schwartz entered the comments and replied briefly: “What an amazing coincidence!” The former CTO’s reaction points to a well-known background, as Garlinghouse not only graduated from the university
The post Intesa Sanpaolo bought XRP through a trust. How banks actually hold crypto appeared on BitcoinEthereumNews.com.
Italy’s largest bank disclosed an $18 million XRP position, and the interesting part is not the size but the plumbing: the exposure runs through Grayscale’s trust, not through wallets, keys, or even the shiny new ETFs. Bank crypto exposure has more than doubled in two quarters, and the wrappers banks choose reveal exactly how far the regulated world has actually come. This is the anatomy of how a bank buys a token. Summary Italy’s largest bank disclosed an $18 million XRP position through Grayscale’s trust, highlighting how regulated banks continue to prefer traditional securities over direct crypto holdings. European banks’ disclosed crypto exposure has more than doubled to $235 million, although most positions remain small, wrapped and focused on strategic exposure rather than treasury investments. The structure banks choose to hold crypto reflects regulatory, capi
