XRP News: Unverified SWIFT-Ripple Partnership Rumors Surface Due to Hacker Activity

Recent developments in the cryptocurrency world have sparked rumors regarding a potential partnership between SWIFT and Ripple, specifically involving the integration of XRP into SWIFT’s cross-border payment system. However, these claims have turned out to be unverified and potentially the result of a hacking incident.

Is SWIFT Partnering with Ripple? Hacked Claims Fuel XRP Rumors

Recently, unverified claims suggested that SWIFT is nearing an agreement with Ripple to incorporate XRP into its cross-border payment system. However, Watcher.Guru, the cryptocurrency news platform that initially reported these claims, announced that its account was hacked and the post was made by a hacker. The idea remains speculative with no official confirmation yet.

Watcher.Guru’s X Account Hacked: XRP Misinformation Spread

Crypto news outlet Watcher.Guru’s X account was hacked, leading to the spread of false information about XRP. The attackers used the compromised account to post misleading content, causing confusion within the crypto community. The team has since regained control and is working to clarify the misinformation.

XRP vs SEC Lawsuit Ends: Ripple’s Cross Appeal, Reduced Fine and More Revealed

The U.S Securities and Exchange Commission (SEC) has officially dropped its appeal against Ripple. This development aligns with the SEC’s recent actions in other cases. While the appeal has been dropped, Ripple still faces a pending cross appeal and an unresolved $125 million fine. This opens the door for Ripple to potentially renegotiate terms. Attorney Fred Rispoli believes Ripple is likely working on a cross appeal to reduce or eliminate the fine.

XRP Price Analysis: Consolidation at $2.43 Points to Potential Upside

XRP is consolidating NEAR $2.43, suggesting potential accumulation before a significant price move. The resolution of the SEC vs. Ripple case has increased optimism, leading to growing institutional support, including XRP’s inclusion in the U.S. Digital Asset Reserve. Technical indicators hint at a neutral-to-bullish market, with signs of healthy accumulation. A Bollinger Band squeeze indicates a possible breakout. XRP has experienced significant volatility and price fluctuations recently, and technical analysis suggests the asset could be preparing for another upward move. A head-and-shoulders pattern on high timeframes signals potential consolidation and accumulation before the next price move.