San Francisco-based fintech firm Ripple is launching a new suite of crypto storage services designed to help banks and financial technology businesses securely store and manage crypto assets.

Ripple Custody, launched as a dedicated arm of the company, has introduced several upgrades to its platform. The updates include a new transaction screening service and more hardware security module (HSM) options.

The crypto ETF market is expanding at an alarming rate, with news of a second XRP Exchange Traded Fund (ETF) filing spreading across the space. Canary Capital, a boutique Sydney investment and corporate advisory firm has just filed an XRP ETF, following Bitwise's lead.

In a significant development in the ongoing litigation between Ripple Labs and the US Securities and Exchange Commission (SEC), Ripple announced the filing of a cross-appeal against the regulator.

Ripple Labs filed a notice of cross-appeal to the United States Court of Appeals for the Second Circuit on Oct. 10 as part of its ongoing legal battle with the US Securities and Exchange Commission (SEC).

Ripple has disclosed plans to take its legal battle with the SEC to a higher court in the United States.

Ripple Labs filed a cross-appeal as litigation continues in a case brought by the U.S. SEC almost four years ago.

Ripple Custody has experienced a 250% increase in new customer acquisition.

XRP is currently trading in a sideways range, having shown a slight upward movement overnight. However, it has not yet surpassed the previous swing high of 54.6 cents. If XRP fails to break above this level, the theory that a fifth wave downward has begun remains valid.

The feud continues: Ripple Labs has announced plans to file a cross-appeal in its ongoing legal case with the U.S. Securities and Exchange Commission.

Ripple has announced updates to Ripple Custody, enhancing its “bank-grade” custody technology. The latest features include a transaction screening service integration, additional hardware security module (HSM) options, and an XRPL integration for tokenizing Real World Assets (RWA).

Ripple's Chief Legal Officer has revealed that his company has filed a cross-appeal in its case against the US Securities and Exchange Commission (SEC). This provides a new twist to the legal battle that has been ongoing since December 2022.

San Francisco-based enterprise blockchain company Ripple has filed a cross-appeal of the court's final judgment.

Ripple's cross-appeal could set a precedent for future crypto regulations, impacting how digital assets are classified and traded. The post Ripple files notice of cross-appeal in SEC lawsuit appeared first on Crypto Briefing.

XRP price recently experienced an 18% decline, falling from $0.64 to $0.52. Despite the broader market correction, XRP has managed to hold above this critical support level.

The SEC announced it was filing an appeal last week.

XRP price has been trending sideways for the past week, which is worrying for investors as this consolidation is part of a bearish continuation pattern. Despite the drop, XRP is still up 3.8% over the last 7 days, a small recovery from the steep fall the asset experienced at the start of October.

Major cryptocurrencies XRP, Solana and Chainlink might be candidates for a potential price rebound if indications presented by current market sentiment turn out favorable.

Digital asset infrastructure firm Ripple has introduced new features and functionalities for its custody solution. “Custody is a key entry point into the digital asset economy, and it's only growing,” Ripple said in a Thursday (Oct. 10) press release.

Levi Rietveld, a popular crypto analyst with 122,000 followers on X, has released a new video detailing how XRP could potentially surge to $60 overnight by capturing a fraction of SWIFT's transaction volume. “XRP will hit $60 overnight with this SWIFT news!

In an interview on Crypto Law TV, attorney James Murphy, also known as “MetaLawMan,” sat down with host Kristi Warner to discuss the latest developments in the XRP lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC). Murphy discussed the SEC's recent appeal and the potential avenues Ripple might explore in response.

TL;DR Ripple launches a cryptocurrency custody service for banks and fintech under the Custody brand. The service includes integration with XRP Ledger, facilitating transactions in a decentralized exchange. The custody service grew by 250% in customers, highlighting users like HSBC, BBVA, and Societe Generale.

The new features could allow companies to tokenize and manage real-world assets (RWAs) as well as other cryptocurrencies on XRP Ledger.

Ripple has launched crypto storage services for banks and fintech companies by opening a new division called Ripple Custody. This is part of a strategy to break into the custody market, allowing institutions to store and manage digital assets on behalf of their clients.

Ripple has entered the crypto custody sector, unveiling new services aimed at helping financial institutions manage digital assets.

Ripple has launched new updates for its Ripple Custody service, including real-world asset tokenization and integrated compliance features.

Qatar National Bank (QNB) proudly highlighted its remarkable achievements at the “Banking Excellence in the Middle East and North Africa” awards, where it clinched four esteemed honors. This recognition underscores QNB's dedication to enhancing its digital banking capabilities, significantly supported by its partnership with Ripple and the innovative solutions offered through Ripple Net.

The blockchain space is evolving quickly, with projects like Qubetics, Ripple, and Dome of Unity driving solutions in privacy, finance, and virtual ecosystems. Qubetics has gained attention by raising over $1.2 million in its presale, with its decentralised VPN (dVPN) offering unparalleled privacy through a decentralised network and quantum-resistant encryption.

Ripple has extended its reach in the blockchain space, launching a cryptocurrency storage and management service for banks, among other financial technology (fintech) companies.

On October 10, Ripple announced the launch of new features for Ripple Custody, its digital asset storage service geared toward banks and fintech companies.

The U.S. SEC has initiated an appeal in its case against Ripple following a federal judge's ruling that the SEC failed to prove that Ripple violated securities laws through its sales of XRP to retail customers. A recent discussion on X has sparked debate about Ripple's legal strategy following its ongoing case with the SEC.

In an attempt to expand beyond its core payment settlement service, Ripple has launched a new crypto custody service. Currently, the price of XRP stands at $0.5265. Recently, crypto experts forecasted a 25% growth in the XRP market, citing historical price patterns.

Ripple, the US-based blockchain firm, is making significant strides in the world of crypto custody, aiming to help banks and fintech companies securely manage and store digital assets for their clients.

Ripple's new custody services offer secure, compliant, and easy-to-use solutions for banks and fintech firms to store and manage digital assets, integrating seamlessly with its XRP Ledger platform.

Ripple Labs, the San Francisco-based blockchain firm, has introduced new features and integrated compliance functionality that bring bank-grade custody technology to its crypto custodial services, according to an Oct. 10 statement.

According to CNBC, fintech giant Ripple has made a major entry into crypto custody, unveiling new services targeted at assisting banks and financial technology businesses to store digital assets on behalf of clients.

Ripple is entering the custodian space, unveiling a range of new services to assist financial institutions in managing crypto for their clients. According to a CNBC report on Oct.

Ripple's move into crypto custody allows the company to diversify beyond its payment settlement business.

Ripple, the San Francisco-based blockchain startup has recently launched its crypto custody solution for several banks and fintech players to store digital assets on behalf of their clients. This development comes as the Federal Reserve has been cracking down on several traditional banks offering custodial services to crypto firms.

Whale activity between two unknown wallets, linked to Ripple, has fueled speculation within the crypto community.

"Coins with the most bearish crowd narratives historically have the best chance of rising," Santiment claimed.

As Ripple tests the waters with its new stablecoin project, the broader crypto market is currently experiencing a sharp rise in liquidity, particularly driven by stablecoins.

Ripple's expansion into crypto storage services could enhance institutional trust in digital assets, potentially accelerating crypto adoption. The post Ripple rolls out crypto storage services for financial institutions appeared first on Crypto Briefing.

XRP faces a bearish outlook in both the BTC and USD pairs, with technical breakdowns suggesting a 25% drop against Bitcoin and a 15% decline versus the dollar by the end of 2024.

XRP holders have been patiently awaiting a sustained bull run that could push the altcoin back above the $1 mark. For some time now, XRP has struggled to break free from its $0.50 range, prompting many to speculate on when the long-awaited upward momentum will finally materialize.

As Ripple prepares to launch its RLUSD stablecoin, some XRP community members are worried about its impact on XRP's importance. RLUSD, currently in beta testing and set to launch soon, will be available on the XRP Ledger (XRPL) and Ethereum and may support Ripple's On-Demand Liquidity (ODL) in some capacities.

The firm's custody services reported over 250% growth and aim to compete with custodians like Coinbase and Fireblocks.