Crypto News

XRP is trading at $2.88 per coin, giving it a market capitalization of $171.30 billion and a 24-hour trading volume of $6.31 billion. The intraday price range of $2.872 to $3.09 points to a consolidating price action amidst recent bearish momentum. XRP On the 1-hour chart, XRP exhibits clear bearish microstructure, with successive lower highsSource link

The U.S. Federal Reserve's newest vice chair who supervises Wall Street banking, Michelle Bowman, made a crypto speech on Tuesday that could have been uttered by one of the industry's own policy wonks, advocating that banks get behind the digital assets surge and that the Fed give the sector rules that won't get in crypto's way.At the Wyoming Blockchain Symposium, Bowman warned banks that don't embrace the shift toward crypto "will play a diminished role in the financial system more broadly," and she further underlined what's already been an obvious change in crypto sentiment from U.S. banking regulators."Your industry has already experienced significant frictions with bank regulators applying unclear standards, conflicting guidance, and inconsistent regulatory interpretations," she said. "We need...

Another one bites the dust. The “fully on-chain” Pirate Nation is closing in favor of bite-sized, arcade-style experiences.Source link

The Ethereum treasury firm purchased 143,593 ETH at $4,648 between August 10 and August 15.Source link

Sharplink Gaming, Inc. has significantly expanded its ethereum ( ETH) holdings, reporting a total of 740,760 ETH in its corporate treasury as of Aug. 17. Sharplink’s Ether Buying Spree Continues The company disclosed that it acquired 143,593 ETH last week, spending a net average of $4,648 per token. This aggressive purchasing was funded by substantialSource link