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XRP (XRP) is struggling to break out of a tight trading range just above $1, as investors weigh slowing ETF demand against uncertainty around U.S. crypto legislation. The token has remained boxed into a narrow band in recent sessions, with traders looking for a catalyst that can clarify both its regulatory outlook and its on-chain growth story.

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Conversations in Berlin are taking place to decide whether Germany will support Joachim Nagel, the current president of the Bundesbank, in a potential bid for the Presidency of the ECB. Nagel, who would emerge as a dark horse, has a negative stance on bitcoin and crypto.

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SkyBridge Capital founder Anthony Scaramucci hit back on Sunday at actor-turned-cryptocurrency critic Ben McKenzie for celebrating the CLARITY Act's Senate defeat, saying nothing can stop Bitcoin (CRYPTO: BTC). Scaramucci Reacts to McKenzie's Celebration McKenzie, a longtime critic of cryptocurrency and related legislation, was seen enjoying a beer after the Senate adjourned for its August recess without voting on the CLARITY Act.