At the time of writing, XRP is trading at $0.816, down 2.7% percent in the last 24 hours. The cryptocurrency with the eighth-largest market capitalization is down nearly 40% from its 30-day high of $1.35.
As some top economies across the world are working to bring clarity on crypto regulations, Australia joins the bandwagon. As per the latest report, Australian lawmakers will soon create a licensing framework for cryptocurrency exchanges.
National Iceland electrical company Landsvirkjun has cut the amount of power it will provide for some industries, including aluminium smelters and Bitcoin miners.
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Elon Musk found himself jumping into a Twitter debate on cryptocurrencies, keys and custody, agreeing with only the word “exactly” in response to “not your keys, not your crypto.” This all stemmed from another user commenting on the need to end “dependence on CEXs like Binance and Robinhood.”
The Bank of Thailand has stated that it does not want commercial banks to be directly involved in the trading of crypto assets.
Crypto-friendly travel website Travala has added support for the shiba inu cryptocurrency. SHIB can now be used to book more than 3 million travel products worldwide on the site, including flights, hotels, and travel packages.
One of the largest Ethereum whale wallets with nearly $300 million in assets has recently added 72 billion SHIB tokens, worth just over $2.5 million, to its portfolio. The meme-inspired cryptocurrency is the whale’s largest holding.