See the live Ripple price UK. Buy Ripple in the UK or add it to your Crypto Strategy.

Crypto Snapshot: Latest News and Trends  

By SYGNAL

📈 Market News:  

• XRP ($XRP) saw a sharp price decline after the U.S. Securities and Exchange Commission (SEC) filed an appeal against the 2023 court ruling on the token’s classification. This move could affect XRP’s market performance and regulatory future. (Forbes)

💸 Money Flow:  

• The crypto custody market is forecast to reach $16 trillion by 2030, highlighting increased institutional demand for secure storage of digital assets. (CNBC)

🛠️ Technological Updates:  

• Ripple ($XRP) launched crypto custody services for banks, expanding its product portfolio and establishing itself as a critical player in the digital asset storage market. (CNBC)

🌐 Adoption and Usage:  

• The U.S. SEC has approved Bitcoin ($BTC) ETF options, marking a significant milestone for cryptocurrency adoption. This development enhances liquidity and allows broader access to Bitcoin investments. (Forbes)

🔒 Security Incidents:  

• Horst Jicha is accused of being involved in a $150 million crypto fraud scheme related to USI Tech, with significant amounts of Bitcoin ($BTC) and Ether ($ETH) directed to controlled deposit addresses. (CNBC)

💼 Important Business Deals:  

• Ripple ($XRP) acquired Metaco to strengthen its crypto custody business, further enhancing its role in digital asset management. (CNBC)

📜 Regulatory News:  

• The U.S. SEC’s appeal of the 2023 court ruling on XRP ($XRP) could reshape crypto regulation, setting new standards for how digital tokens are classified in the U.S. (Forbes)

🗣️ Other Interesting Information:  

• A comparison of Bitcoin ($BTC)’s returns versus tech giants like Tesla, Apple, and Nvidia from 2011 to 2024 highlights Bitcoin's volatility and underperformance over the long term. (Forbes)
• Wall Street leaders increasingly recognise Bitcoin’s ($BTC) potential to disrupt the global financial system, marking a shift towards greater institutional involvement. (Forbes)

September in Review: Key Developments in the Crypto Market

September brought a strong 7% gain for Bitcoin ($BTC), its best performance since 2013, boosted by institutional inflows and the Federal Reserve’s interest rate cut. Ethereum ($ETH) also held up well, maintaining dominance in DeFi. However, major altcoins like $XRP, $ADA, and $LINK experienced declines of over 5%, showing that the broader market is still volatile.

Looking ahead, Bitcoin’s bullish momentum could continue into October, historically a strong month for BTC. What will the final quarter of 2024 bring?

Read the full analysis on monthly wrap HERE

Just a day after the first XRP ETF filing, the SEC has filed a Notice of Appeal of Judge Torres’s Ruling.

The SEC's obsession with Ripple and/or $XRP is one that'll go down the history books of crypto innovation as a chapter on regulatory threats.

Major update:

Bitwise has officially filed for an $XRP ETF with the US SEC wherein Coinbase Custody Trust will be the custodian of the tokens.

You can read more about this here: https://cointelegraph.com/news/bitwise-xrp-etf-filing-sec

$XRP is currently our 3rd largest holding following $AAVE and $RUNE.

We believe this is a huge win for crypto and its road to mass adoption. The markets may be down now due to the war but remember that wars are temporary and the markets eventually get over such turmoil.

If you believe in the future of crypto and Blockchain then every downturn in prices should excite you like Black Friday specials 😁😁🚀🚀

AltcoinWave AI is a cutting-edge quantitative trading system designed to outperform Bitcoin by managing a curated portfolio of promising altcoins. The system strategically navigates the crypto money cycle using proprietary AI technology to maximize returns. 

Precision of a hedge fund

AltcoinWave AI utilizes custom-built AI developed in-house, drawing on years of expertise to analyze market sentiment and key macro factors. This enables effective market timing, allowing the system to capture over 75% of bull market gains while avoiding 50% of bear market losses. As a result, AltcoinWave AI outperforms traditional buy-and-hold approaches by up to four times.

Investing in top-performing Altcoins

During bullish market cycles, AltcoinWave AI invests directly in altcoins with solid momentum, aiming for higher returns than Bitcoin. The system starts with Bitcoin and shifts towards altcoins as market conditions evolve.

Built-in risk management

AltcoinWave AI incorporates robust risk management strategies, applying internal stop-loss mechanisms and rebalancing the portfolio weekly to maximize returns while controlling risk. In adverse market conditions, the system moves to USDT for capital preservation.

Why choose this strategy?

AltcoinWave AI has been rigorously tested for performance and reliability, making it a strong option for those seeking high-potential investments with integrated risk controls. The system's developers personally invested in it, so users can trust in the strategy's design and return potential.

Assets Traded in past bull runs

$GHST, $HIGH, $YGG, $KDA, $POL, $ALPHA, $KSM, $LINK, $LTC, $POWR, $NULS, $BIFI, $BNB, $BTC, $ELF, $BNT, $DOGE, $DATA, $DODO, $OM, $DENT, $PUNDIX, $UNI, $ROSE, $SOL, $ONE, $SUN, $TRX, $BICO, $VITE, $WING, $ETH, $XTZ, $XRP, $MATIC, $NEXO, $BCH, $REI, $ADA, $AVAX, $POLS, $OCEAN, $RNDR

Learn more at sygnal.ai or follow us on Telegram!