🇺🇸 Last week, while outflows occurred from spot Bitcoin, Ethereum, and Solana ETFs in the USA, inflows were recorded into XRP ETFs. 🔻 #Bitcoin: $202.59 million outflow 🔻 #Ethereum: $431.53 million outflow 🔻 #Solana: $71.47 million outflow ✅ XRP: $4.32 million inflow
🇺🇸 Alphabet (GOOGL) reported revenue of $12.76 billion in the third quarter, below the market expectation of $12.822 billion.
🇺🇸 Microsoft (MSFT) surpassed market expectations of $90.63 billion with $92.28 billion in revenue for the first quarter.
Key takeaways from Fed President Kevin Warsh’s remarks: 🔸 Inflation remains too high. Our priority is to bring inflation down. 🔸 The Fed will not accept an inflation target above 2%. 🔸 Volatility in financial markets is not surprising to us. 🔸 We are prepared to act when necessary, as we have demonstrated in the past. 🔸 We need more data to make the right decisions on monetary policy. 🔸 The U.S. economy is expected to grow by more than 3% in the third quarter. 🔸 Business investment is likely to rise at double-digit rates. 🔸 We believe the Fed should hold eight meetings per year. 🔸 The FOMC meeting schedule will be adjusted next fall. 🔸 One of the meetings will be dedicated to long-term strategy rather than interest rate decisions. 🔸 Starting in 2028, interest rate decisions are expected to be made at six meetings per year.
Tether has frozen $2.2 million in USDT linked to the CoinDCX hack. According to AMLBotHQ’s report, the freezing of assets on the TRON network aims to prevent the stolen funds from moving further. https://t.co/H0tne9YJqR