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Ethereum leads broad crypto rally as Powell signals Fed rate cut likely

Meanwhile, SharpLink Gaming announced a $1.5 billion stock buyback program, sending shares up.

8/22/25 10:00AM

ethereum is leading crypto gains following comments from Fed Chair Jay Powell signaling that the central bank would likely cut rates at its September meeting. The token’s price has increased 8% since the news broke and swung back above the $4,600 level. All major cryptos are in the green on the news.

Prior to Powell supercharging the crypto markets, ethereum treasury firm SharpLink Gaming announced that its board of directors has authorized a stock repurchase program of $1.5 billion, aiming to optimize capital allocation and reinforce the company’s long-term commitment to fueling sustainable stockholder value. Shares of the company have increased nearly 10% on the news.

“Should there exist periods where our stock trades at or below the net asset value (‘NAV’) of our ETH holdings, it would be dilutive on an ETH per share basis to issue new equity through our capital raising efforts,” SharpLink co-CEO Joseph Chalom said in a Friday press release.

“In this scenario, the accretive course of action may be to repurchase our common stock,” he added. “This program provides us with the flexibility to act quickly and decisively if those conditions present themselves.”

Meanwhile, US spot ethereum ETFs reversed a negative trend and recorded $287.6 million in inflows on Thursday. Even though the inflows yesterday halted the funds’ four-day streak of outflows, total outflows for the week remain at a record level since their inception, at roughly $578.9 million, data from SoSoValue shows.

Sage D. Young

22m

Solana has tanked since spot solana ETFs launched, despite the funds only recording positive flows to date

Solana’s ETF inflows are a supportive signal, but they aren’t the marginal price setter for the token, one expert explained.

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Bitcoin falls to lowest level since November as long-term holders accelerate selling

A majority of bitcoin investors are officially underwater and the asset’s continued fall “could intensify selling pressure as investors attempt to limit losses.”

Sage D. Young1/28/26

Ripple launches treasury platform to manage cash and cryptocurrencies

Ripple, the firm closely tied to the fifth-largest cryptocurrency, XRP, introduced a new treasury platform for digital asset and traditional cash management for users like financial officers, treasurers, and accountants.

Ripple’s move comes more than three months after it acquired treasury software provider GTreasury for $1 billion, one of several steps to grow the firm’s position in corporate finance.

Combining Ripple’s blockchain rails and GTreasury’s software, the new platform’s goal is to simplify treasury operations. It eliminates settlement delays with payment times of three to five seconds and optimizes yield from working capital 24/7 through tokenized money market funds such as BlackRock’s BUIDL and overnight secure repo markets with RLUSD, according to a Tuesday blog post.

Ripple Treasury also aims to provide “real-time cash positions, automated forecasting, and seamless reporting across traditional cash, digital assets, RLUSD, and XRP holdings,” the blog post stated.

Last year, Ripple filed its national banking license application with the US Office of the Comptroller of the Currency, while the firm’s subsidiary Standard Custody & Trust Company applied for a Federal Reserve master account, which would allow Ripple to hold RLUSD reserves directly with the Fed.

XRP has seen $2.4 billion in trading volume in the last 24 hours, increasing 1.8% in the period. The token’s all-time high was set in July 2025 at $3.65. Meanwhile, spot XRP ETFs had nearly $9.2 million worth of inflows on Tuesday, bringing cumulative inflows to $1.4 billion.

Yaël Bizouati-Kennedy

1/28/26

Bitcoin is underperforming precious metals now, but experts warn of “short-sighted” view

The debate on investing in digital gold vs. actual gold continues, but it’s helpful to put each one’s performance in context.