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XRP price shows resilience as Ripple acquires Rail, advancing stablecoin payments
Ripple (XRP) price surges to an intraday high of $3.08 and corrects to trade at around $3.05 on Thursday. The uptick in XRP upholds a short-term bullish picture, mirroring positive sentiment in the broader cryptocurrency market. A report by a White House official has boosted interest in digital assets, saying that United States (US) President Donald Trump will sign an executive order on Thursday, allowing the inclusion of alternative assets such as crypto, private equity and real estate in US 401(k) retirement accounts. Supporters of the move argue that this would legitimize the crypto industry while critics say that ... (full story)
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From financemagnates.com|Aug 7, 2025The New York Department of Financial Services announced a $48.5 million settlement with Paxos, a crypto infrastructure company. The settlement concerns Paxos' partnership with ...
From moneycheck.com|Aug 7, 2025|1 commentSEC Commissioner Caroline Crenshaw’s continued resistance to cryptocurrency exchange-traded funds (ETFs) has raised new concerns in the market. Following her dissenting vote in ...
From brecorder.com|Aug 7, 2025Ripple will buy stablecoin payments platform Rail for $200 million, the company said on Thursday, weeks after U.S. President Donald Trump signed a law that raised expectations ...
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From @FirstSquawk|Aug 7, 2025|117 commentsWhite House Gets Ready for Trump to Pick US CEA Chair Miran for Fed Board, Expected to Fill Seat Temporarily.
From @realDonaldTrump|Aug 7, 2025|18 comments
It is my Great Honor to announce that I have chosen Dr. Stephen Miran, current Chairman of the Council of Economic Advisors, to serve in the just vacated seat on the Federal Reserve Board until January 31, 2026. In the meantime, we will continue to search for a permanent replacement. Stephen has a Ph.D. in Economics from Harvard University, and served with distinction in my First Administration. He has been with me from the beginning of my Second Term, and his expertise in the World of Economics is unparalleled — He will do an outstanding job. Congratulations Stephen!
From cnbc.com|Aug 7, 2025|12 commentsPresident Donald Trump on Thursday announced he has selected Stephen Miran, chair of the Council of Economic Advisors, to serve on the Federal Reserve Board of Governors, ...
