Ripple issued a strong warning on X, emphasizing that no one at the company - including Chief Executive Officer Brad Garlinghouse, Chief Technology Officer David Schwartz, President Monica Long, and Chief Legal Officer Stuart Alderoty - would ever ask users to transfer XRP. Ripple said: "The rise in the cryptocurrency market means an increase in scams, and as a reminder, Ripple will never ask you to send XRP, nor will Brad, David, Monica, Stu or anyone else at Ripple. Please be vigilant."
The Fed governor said today that she "strongly supports" the Fed's decision to cut interest rates by 50 basis points, reflecting the focus on the job market. "The job market remains resilient, but the FOMC now needs to balance its focus so that it can continue to make progress on tackling inflation while avoiding unnecessary pain and economic weakness," said Ms Coogler. "I strongly support last week's [50 basis point cut]...
U.S. Democratic Congressman Wiley Nickel has sharply criticized the SEC, accusing the agency of undermining trust in the regulatory system because of the way it "enforces regulation." In a recent post from social media, Nickel called the SEC's approach a "blatant abuse of power" that threatens to stifle digital innovation across the United States. He also...
UBS analysts have pointed out that the fundamentals of silver are very good, and they strongly recommend that long-term investors consider increasing their exposure to silver.
Federal Reserve officials were strongly leaning towards a rate cut at their September policy meeting last month, with several even willing to cut borrowing costs immediately, according to Federal Reserve meeting notes. Fed officials left interest rates unchanged at the FOMC meeting last month, but opened the door to a rate cut at the Sept. 17-18 meeting. At the July meeting, "an overwhelming majority" of policymakers "believed that easing policy at the next meeting may be appropriate if data con...
Dogecoin founder Billy Markus posted on the X platform, strongly opposing a recent psychological study that discriminates against cryptocurrency investors. The study claims that those who invest in cryptocurrency assets tend to have "dark personality traits", especially "dark...
On June 27th, it was reported that only 41 US politicians are "strongly opposed" to cryptocurrencies, and 310 "strongly support" cryptocurrencies. Theoretically, a two-thirds majority of the Republican Party in the House and Senate would be enough to pass any legislation supporting cryptocurrencies.