October holds many beliefs and superstitions within the cryptocurrency community.

The lawsuit claims that Iris Energy "knew or should have known" that its Childress County site in Texas was a poor fit for high-performance computing.

Real Vision's chief crypto analyst Jamie Coutts is saying that a major Bitcoin (BTC) metric is flashing a bullish signal. Coutts says that the number of active Bitcoin addresses is rising after a downtrend that lasted for eleven months.

The price of Bitcoin (BTC) has failed to target the next highs. It remains stuck in the $61,000 range as the consolidation period has persisted.

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.

The National Bank of Bahrain has made a groundbreaking move by launching the first bitcoin-linked structured investment product in the Gulf Cooperation Council (GCC). This innovation, developed with ARP Digital, highlights Bahrain's leadership in fintech while offering accredited investors a secure way to tap into bitcoin's long-term growth potential.

For many crypto investors, the long-term upside potential of Bitcoin is impossible to ignore.

"While these outflows are still relatively modest, they signal waning institutional support as bullish momentum fades,” an analyst said.

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.

An anonymous Bitcoin (BTC) whale that has been active since 2009 has started to make some serious moves that could impact the cryptocurrency market. According to Arkham Intelligence, this early miner of Bitcoin, which began mining just five days after the first block was produced in 2009, has already sold $4.8 million worth of BTC and continues to unload more.

The bitcoin options market is reflecting heightened expectations of significant price swings around the U.S. election.

With the US Consumer Price Index (CPI) set to release September data at 8:30 am ET, investors expect heightened volatility. The September US inflation data will set the stage for the Federal Reserve's upcoming interest rate decision and impact risk-on assets like Bitcoin, Ethereum, stock markets, etc.

Bitcoin (BTC) slipped below $61,000 earlier today and is down almost 3% over the past 24 hours as it struggles to maintain its position above $60,000. According to analytics firm Santiment, the crypto market has turned bearish, which has impacted several assets, including BTC, Ethereum (ETH), Solana (SOL), and Ripple (XRP).

Bitcoin failed to break the $66,000 resistance even though the double bottom pattern was completed. This shows how much bearish sentiment is filled in the market even when we are in the most bullish month for btc.

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.

Analysts are warning "something's got to give" as bitcoin price sentiment plummets into "fear" territory

Bitcoin's price continues to capture the attention of traders and investors alike as the cryptocurrency remains in a tight battle between bullish and bearish forces. While short-term price fluctuations offer some relief for traders, Bitcoin's recent movements suggest that the market lacks clear direction.

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.

Top crypto hardware wallet provider Ledger recently launched a limited promo, offering up to $50 in BTC when buying a Ledger Nano S Plus, Nano X, or Ledger Flex hardware wallet. The ongoing promotion lasts from October 8th, 4 pm CET to October 16th, 9 am CET.

Lately, the price of Bitcoin has been fluctuating due to overall market turbulence, causing broader fear and uncertainty within the general crypto landscape. Considering the current trend of several indicators, the digital asset could be poised for more volatility in the upcoming days.

In a recent memo shared with clients, Bitwise CIO Matt Hougan emphasized several factors that could cause Bitcoin (BTC) to “melt-up” to $80,000 in the last quarter of 2024. Factors To Propel Bitcoin To $80,000 Hougan highlighted three essential conditions that could push BTC to new all-time highs (ATH) in 2024.

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

Bitcoin experienced another graphic drop in the middle of last evening, temporarily bringing its price close to $60,000.

With the recent crash under $61,000, the BTC price warns of a bearish continuation in the coming weeks. The growing bearishness in the crypto market warns of a canceled Uptober rally this year.

"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.

With no accompanying price movement, Bitcoin's open interest (OI) has recently surged, leaving many market participants confused. Rising open interest typically indicates increased market participation.

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.

A hotter-than-expected U.S. inflation report would weaken the case for Fed rate cuts.

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.

A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin (BTC) while offering his outlook on three altcoins.

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.

Bitcoin's price consolidates around $60,000 amid market uncertainty, with experts anticipating a significant move influenced by potential Fed rate cuts and US government Bitcoin sales.

The Irish Criminal Assets Bureau (CAB) is facing significant challenges in accessing €350 million or approximately $383 million in Bitcoin (BTC) seized from a former drug dealer.

Bitcoin ETFs have seen a significant surge in inflows, reaching $235.2 million on October 8, 2024, while Ethereum ETFs experience stagnation, highlighting diverging investor sentiment in the cryptocurrency market.

Nerves are jangling once again among Bitcoin investors as $BTC plummets $4,200 over the last 3 days. Price is holding above $60,000 currently.

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.

Bitcoin price has dropped sharply, falling from $62,500 to around $60,900, as market sentiment shifts.

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.