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.

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.

Ripple introduces Ripple Custody, offering secure digital asset storage with fast, low-fee transactions powered by the XRP Ledger.

Popular cryptocurrency XRP may be on the verge of more than 25% growth, after its price found itself in a similar position as last month. After October, expected by many as a month that will bring growth and green candles, began with the collapse of quotes on the crypto market, the XRP price came to $0.53 per token.

The cryptocurrency world is abuzz with excitement as Canary Capital Group recently filed for an Exchange-Traded Fund (ETF) focusing on XRP. This move has speculation among investors about whether it could trigger a significant price increase, potentially pushing XRP beyond the crucial $0.65 mark.

XRP whales took the broader crypto market by storm on Thursday, moving millions of coins amid rising speculations of a cross-appeal by Ripple against the U.S. SEC. Recent on-chain data pointed out that nearly 73 million coins shuffled in the past 24 hours, sparking discussions among market participants.

The U.S. SEC has filed an appeal in its case against Ripple, after a federal judge ruled that the SEC did not prove Ripple violated securities laws by selling XRP to retail customers.

Many XRP holders expect the altcoin to break $1 soon. XRP has traded around $0.50 for a while despite lingering pressure in the crypto market.

Ripple has excited the XRP community by a massive RLUSD burn performed on Wednesday. It was the first large token burn after the company had minted a mammoth 42 million stablecoins recently.

The battle between bulls and bears has intensified in the XRP market, with the cryptocurrency showing little to no significant price movement in recent days. While many had hoped for a rebound following its recent drop, the sideways trend suggests a deeper struggle.

SBI Digital Community tapped XRP Ledger (XRPL) and Polygon for the launch of its first NFT collection, dubbed “Crypto Canvas Collection.”

David Schwartz addressed speculation about his involvement with Bitcoin's creation following the release of a documentary exploring the origins of Satoshi Nakamoto.

Attorneys Kristi Warner and James Murphy (@Metalawman) sat down to discuss the SEC's recent appeal.. For the unversed, the SEC decided to challenge Judge Torres' ruling from 2023, leading to widespread frustration. Now, the big question is whether Ripple will file a cross appeal.

XRP price is still trading in a range below the $0.550 level. The price is slowly moving lower and there could be more downsides below $0.520.

The XRP army has actively joined the battle in the legal case between Ripple and the United States Securities and Exchange Commission (SEC), showing support for the crypto payments company with a new petition.

Ripple, a leading blockchain company based in San Francisco, has been awarded the title of “platinum winner” for the “Best Cross-Border Payments Platform” by Juniper Research's Fintech & Payments Awards. This recognition underscores Ripple's ongoing commitment to enhancing global payment solutions, even as its native cryptocurrency, XRP, struggles to maintain momentum in the market.

XRP faces price pressure amid SEC appeal speculation, hovering below $0.55 despite optimism around US XRP-spot ETF applications.

Ripple has been named a Platinum Winner for Best Cross-Border Payments Platform in Juniper Research's 2024 Future Digital Awards for Fintech & Payments. Other winners included Huawei for mobile money, SAP Fioneer for banking-as-a-service, and Paymentology for embedded finance, highlighting a year of varied fintech advancements.

Industry experts express cautious optimism as another firm files a proposal with the SEC to launch an XRP exchange-traded fund.

The price chart of Shiba Inu has formed a symmetrical triangle, signifying a period of consolidation. Volume has been gradually declining as the price has stabilized, as the volume profile shows.

"It's coming to the XRPL but when is really up to Ripple as it's their token," one popular X user said.

Crypto analyst Dark Defender (@DefendDark) has issued a bullish forecast for XRP, projecting a price surge above $5.85 based on a confluence of technical indicators and chart patterns. Despite recent market stagnation, the analyst highlights several key factors—including the application of Elliott Wave theory—that suggest a significant upward movement is imminent.

Former Ripple director Matt Hamilton weighed in on this discourse, declaring XRP as a superior option compared to Bitcoin. Speaking on the Mr.

Canary Capital has filed for permission to offer an exchange-traded fund (ETF) linked to Ripple-associated cryptocurrency XRP. This is the second such registration in the United States, just a week after Bitwise filed for a similar product.

XRP is testing a crucial support level to determine the altcoin's price action in the coming weeks. The market is experiencing uncertainty and anxiety after the past week's euphoria surrounding the Federal Reserve's decision to cut interest rates.

The ongoing struggle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has become a hot topic in the cryptocurrency world. As the battle intensifies, the XRP community—supporters and investors of Ripple's digital currency, XRP—are voicing their concerns about the SEC's recent actions.

Crypto investment company Canary Capital has submitted an application for a second XRP exchange-traded fund (ETF) in the United States. This filing is consistent with Bitwise's recent submission of a comparable application for a spot XRP ETF.

Bitcoin's failure to hold $62,000 may trigger another selloff and pull altcoin prices lower.

TL;DR Canary Capital Group files with the SEC to launch the Canary XRP ETF, marking its debut in the cryptocurrency exchange-traded funds market. The application comes after Bitwise Asset Management's proposal for an XRP ETF. Ripple Labs faces penalties for selling XRP without authorization, but interest in XRP-linked products continues to rise.

XRP and Dogecoin have experienced a slump due to crypto market consolidation over the past week. Despite the recent stability, these two top-10 digital assets show signs of potential gains this October.

Ripple's price has been consolidating in a very tight range in the last few days, and it has yet to give any indication of its future direction. By Edris Derakhshi (TradingRage) The USDT Paired Chart On the USDT paired chart, the price has recently experienced a massive drop from the $0.

XRP ETF space continue to heat up but U.S. elections and SEC-Ripple Labs lawsuit outcomes could be crucial ingredients for approval.

Legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has become a significant focal point in the cryptocurrency world. Recent developments hint at the possibility of a settlement between the two parties in the next two weeks, particularly after the SEC filed a notice of appeal on October 2, 2024.

The XRP price has kept to the $0.5298 level today, marking a very slight 0.2% gain in 24 hours as the cryptocurrency market as a whole falls by 1%.

It has drawn the attention of traders that XRP has seen a significant $85 million volume spike recently. Following weeks of sideways trading, this spike in volume may be a precursor to a big move in XRP's price, possibly indicating an attempt at a trend reversal.

XRP whales have been making strategic moves today. While such moves do not really impact price movements, it is crucial to read the minds of these large investors.