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!

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.

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.

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.