The post XRP price jumps 2% on bitcoin strength as buyers push through $1.10 resistance appeared on BitcoinEthereumNews.com.
• The main breakout came around 01:00 UTC, when volume jumped to 43.51 million XRP, about 88% above the 24-hour average. • The move carried XRP to an intraday high of $1.1065 before price stabilized near $1.1020-$1.1040. • A later 60-minute spike reached 14.17 million in volume, pushing XRP from $1.0958 to $1.1052 before profit-taking slowed the move. Technical Analysis • The key development is that XRP cleared the $1.0950-$1.1000 area after several sessions of range-bound trading. • The breakout was supported by volume, which gives the move more weight than the earlier low-volume attempts above resistance. • Higher lows through the session show buyers are stepping in earlier, with $1.0880 acting as the main support level during pullbacks. • The post-breakout hold near $1.1020-$1.1040 is constructive because XRP did not immediately lose the $1.10 area after the s
Saylor says Bitcoin can power digital capital, digital credit, and Bitcoin-backed digital money after Xapo London talk. Michael Saylor outlined his Bitcoin thesis during a July 1 fireside chat at the Xapo Bank Conference in London. The discussion covered Bitcoin as digital capital, digital credit, and Bitcoin-backed digital money. He said Bitcoin remains the dominant […]
The post Saylor Says Bitcoin Digital Capital Will Power Next Credit and Money Layer Soon appeared first on Live Bitcoin News.
The post XRP (XRP) Surges Past $1.10 as Retail Traders Return Despite $7B ETF Withdrawals appeared on BitcoinEthereumNews.com.
Key Highlights XRP surged past $1.10 resistance during late trading hours, gaining 1.8% to reach $1.1065 Futures Open Interest remains stable at 2.14 billion XRP, increasing from Tuesday’s 2.09 billion The token continues trading beneath its 50, 100, and 200-day exponential moving averages, maintaining short-term bearish pressure Institutional investors show hesitation as XRP spot ETFs recorded approximately $7 billion in withdrawals on Wednesday Critical price zones: $1.10 acting as support, while $1.1065 and $1.13 present resistance barriers XRP posted a 1.8% gain on Thursday, escaping a narrow consolidation zone and pushing through the $1.10 threshold on elevated trading activity. The digital asset ranged from an intraday bottom of $1.0827 to a peak of $1.1065, subsequently settling within the $1.1020 to $1.1040 corridor. [[IMG_2]]XRP Price The decisive upwa
The post Bitcoin’s gets bullish signal from MACD. Next stop above $70,000? appeared on BitcoinEthereumNews.com.
Traders typically do not rely on a single indicator to determine market trends. But this particular MACD has proved reliable as a standalone gauge through the price crash from the record high of $126,000. Since October, negative crossovers have reliably marked the start of steeper declines, while positive crossovers have preceded meaningful recovery rallies – including the December–January bounce and the February–May bounce. BTC’s daily chart. (TradingView) The latest bullish crossover therefore points to a notable bounce ahead, though not necessarily the start of a full-blown new uptrend. That bigger move would need more confirmation, which is why the key resistance levels below are now in focus. Key levels ahead The first level to watch is the 50-day simple moving average, currently around $65,434. This is simply the average bitcoin price over the past 50 days (roughly two
The post Bitcoin (BTC) Eyes Critical $64,700 Level as Traders Monitor Daily Close appeared on BitcoinEthereumNews.com.
TLDR BTC recovered above the $63,000 mark with approximately 1.5% gains following Trump’s statement about Iran seeking negotiations Market participants are closely monitoring $64,700 as a critical daily closing threshold that could trigger a substantial relief rally Short position liquidations in the cryptocurrency market reached approximately $100 million over a 24-hour period Blockchain analytics reveal short-term holder losses matching patterns typically observed near historical cycle bottoms Large-scale holders accumulated 10,000 BTC during the current month, suggesting an accumulation period may be underway Bitcoin pushed back above the $63,000 threshold this Thursday following remarks from US President Donald Trump indicating that Iran is seeking diplomatic engagement. The leading cryptocurrency posted gains of roughly 1.5% during the trading session. Bitcoin (BT
The post ‘Not Happening’: Former SWIFT Exec Shuts Down XRP Integration Rumors appeared on BitcoinEthereumNews.com.
The persistent speculation that the global financial messaging network SWIFT will integrate or support the Ripple-linked XRP token has been swiftly shut down by the organization’s former top technology official. Tom Zschach, who recently stepped down after serving six years as SWIFT’s Chief Innovation Officer, took to the social media platform X to refute claims that the network is planning to interoperate with the digital asset. Yet another unsubstantiated XRP rumor Earlier this week, several XRP influencer accounts started claiming (without any evidence) that SWIFT intends to support established public tokens of the likes of XRP instead of developing its own proprietary digital currency. ‘Not Happening’: Former SWIFT Exec Shuts Down XRP Integration Rumors XRP, Shiba Inu, Solana (SOL) and Ethereum (ETH) Price Analysis for June 10: Market Fuel Comes In Handy One user all
The post Wells Fargo Expands Digital Asset Exposure with Strategic Bitcoin, Ethereum, and Solana ETF Investments appeared on BitcoinEthereumNews.com.
Key Highlights The banking institution expanded its Strategy position by 125%, reaching approximately 726,000 shares with roughly $41.5 million in additional exposure BlackRock’s Bitcoin ETF saw a reduction of 75,102 shares, though the bank redistributed holdings across alternative Bitcoin investment vehicles Ethereum-based ETF positions grew by 65%, with BlackRock’s Ethereum ETF holdings exceeding 1.10 million shares Initial investments in Solana-focused funds appeared in the filing, alongside an 828% expansion in Bitmine positions Galaxy Digital holdings were slashed by 97%, while Coinbase positions decreased by 25% A comprehensive SEC filing from Wells Fargo reveals the financial institution’s extensive digital asset holdings, demonstrating significant portfolio adjustments across Bitcoin, Ethereum, and Solana investment products, alon
The post Pound Sterling Price News and Forecast: GBP gains ground to near 1.3430 early European session appeared on BitcoinEthereumNews.com.
The GBP/USD pair trades in positive territory around 1.3430 during the early European trading hours on Friday. The UK government leadership transition and growing expectations of further Bank of England (BoE) interest rate hikes underpin the British Pound (GBP) against the US Dollar (USD). Andy Burnham’s path to becoming the next UK prime minister looks certain after a vast majority of Labour MPs formally nominated him to be the next party leader. Bloomberg reported on Thursday that 322 of 403 Labour members of Parliament voted for Burnham at the end of the first day of the party’s leadership contest to replace Keir Starmer. Burnham is expected to formally become Prime Minister on July 20. Read more… British Pound gains traction above 1.3400 as markets bet on BoE rate hikes The GBP/USD pair gathers strength to around 1.3430 during the Asian tradin
