Columbus, OH

Both Bitcoin and Ethereum hiked by over 3% in the last trading session. Compared to ETH, BTC seemed overvalued at press time. Bitcoin and Ethereum have long been two of the market’s biggest cryptos. However, tribalism within the community has often placed them at opposite ends of any spectrum, which is why comparisons are common.

Bitcoin vs Ethereum – Every $1 invested in either of these cryptos will…

The Motley Fool

Year to date, both Solana and Toncoin have outperformed Bitcoin. Could the best be yet to come?

Forget Bitcoin: 2 Cryptos I've Got My Eye On In the Second Half of 2024

Bitcoin has “purged” market speculators as liquidations reach $365 million, new research says. In the latest edition of its weekly newsletter, “The Week Onchain,” crypto analytics firm Glassnode confirmed a “statistically significant capitulation.”. Bitcoin unrealized losses echo FTX. Bitcoin (BTC) short-term holders (STHs) have come...

Bitcoin speculators sit on 93% unrealized losses after $365M ‘wipeout’

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

$83 Billion in Bitcoin in 24 Hours, Shiba Inu Confirms Death Cross, Ripple Unlocks Massive 500 Million XRP: Crypto News Digest by U.Today

Crypto trading firm Cumberland may be “buying the dip,” taking advantage of the current market downturn to turn a profit using a $95 million investment. On Aug. 7, blockchain analytics platform Lookonchain flagged that the crypto trading firm received 95 million Tether (USDT) from the stablecoin issuer’s treasury. After receiving USDT tokens from the Tether treasury, Cumberland distributed them to various cryptocurrency exchanges.

Cumberland buys the dip? Trading firm deposits $95M to exchanges

Chicago, IL

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

Total Apex Sports & Entertainment

Zodiac signs have different priorities in life. Some prioritize relationships while others strive to grow their businesses and careers. An individual’s sign and character can influence their success in matters of the heart. Independent signs like Scorpio don’t fear being single.

3 Zodiac Signs Who Don’t Want to Be Single

The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

The United States Internal Revenue Service (IRS) has updated its draft form for taxpayers to report digital asset transactions starting in 2026. In an Aug. 8 notice, the IRS released a draft of Form 1099-DA, “Digital Asset Proceeds From Broker Transactions.” The form, if approved by the tax service, the form would allow US taxpayers to report crypto transactions from 2025 by the filing deadline in April 2026.

IRS updates draft of crypto reporting form for US taxpayers

Wyoming State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

WyoFile

With hot temperatures and most of the state under drought conditions as August gets under way, three wildfires are burning across Wyoming. The Pleasant Valley, Leeds Creek and Clearwater fires are burning more than 30,000 acres.

Three wildfires burning 30K acres in Wyoming as hot, dry conditions persist

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Florida State

Uncovering Florida

With hurricane season posing a consistent threat six months out of the year, who would not like a little help getting their home ready for the harsh weather to come? Senate Bill 7028: My Safe Florida Home Program, approved by Governor DeSantis on April 24, 2024, and effective as of July 1, appropriates a one-time total of $200 million from 2024 to 2025 for the purpose of funding hurricane mitigation grants and inspections, as well as outreach and administration costs, to support homeowners in Florida.

DeSantis Signs New Bill Giving $200 Million To Homeowners

Most people are guilty of doing it at least once in their lives, many people do it by accident, some do it because they find it fun, and others do it for reasons like honoring loved ones. Regardless of the situation, just about everyone has released a balloon. The difference is that intentionally releasing balloons is now illegal by House Bill 321’s standards.

Law Signed By DeSantis Makes It Illegal To Release Balloons In Florida

Farside data shows that the Bitcoin (BTC) exchange-traded funds (ETFs) experienced an inflow of $45.1 million on Aug. 7—the first since Aug. 1st. This surge was primarily driven by BlackRock’s IBIT, which saw an impressive $52.5 million inflow, bringing its total net inflows to $20.2 billion. Additionally, WisdomTree’s BTCW reported a $10.5 million inflow, while the Grayscale Mini Trust BTC observed a $9.7 million inflow. In contrast, the Grayscale GBTC experienced an outflow of $30.6 million, resulting in a total net outflow of $19.2 billion. Notably, no other ETF issuer reported any outflows. Consequently, the total inflow into Bitcoin ETFs now stands at $17.2 billion.

BlackRock’s IBIT spearheads Bitcoin ETF inflows with $52.5 million inflow

Denver, CO

More dangerous substances are entering the Denver drug supply, Harm Reduction Action Center warned in a newsletter this week. “The Iron Law of Prohibition posits that as law enforcement becomes more intense, the potency of prohibited substances increases,” HRAC Executive Director Lisa Raville wrote in the newsletter. That is exactly what is happening, she said.

Dangerous substances entering Denver drug supply

Malvern, PA

The directors of crypto-friendly Customers Bancorp and its subsidiary Customers Bank, headquartered in Malvern, Pennsylvania, will polish their writing skills over the next two months in preparation for an enforcement action the United States Federal Reserve Board executed against them. Customers Bank did not do well on “recent examinations and...

Customers Bank to strengthen AML compliance after Fed scrutiny

Missouri State

CJ Coombs

Denny's was once a staple of the American diner landscape. In recent years, it has had its ups and downs, especially post-pandemic. The dining habits of people also change. Some customers have a more discerning taste.

Denny's: a legacy of serving customers for over 65 years including 27 locations in Missouri

A Bitcoin miner who has been dormant for over a decade, transferred 250 Bitcoin (BTC), valued at approximately $13.95 million, to five new wallets on Wednesday. Beginning in 2010, the wallet meticulously accumulated 250 BTC through mining, a process that was then significantly less competitive and energy-intensive compared to today's standards, according to on-chain data.

Satoshi Era Bitcoin Miner Moves $14 Million BTC to New Wallets

While Bitcoin and top altcoins are stable at press time, the sharp liquidation from the weekend to August 5 led to a major shakeout. Billions of leveraged positions were liquidated, and prices are technically under pressure despite the current stability. Global Liquidity Set To Rapidly Rise: Will Bitcoin Benefit?. Still,...

Bitcoin Attractive, US Fed To Soon Begin Adding $30 Billion Every Month: Will BTC Fly?

Georgia State

Eton, GA

DeanLand

July was a quiet month on the Richter Scale for Georgia, with the state registering only one earthquake after experiencing six quakes each month in May and June. Georgia's only measureable earthquake in July was recorded on July 25 at 1:57 am centered approximately six miles northeast of Eton, GA, in Murray County. According to data from the US Geological Survey (USGS), the quake registered a magnitude of 2.4 at a depth of approximately six miles below the surface. The quake was centered within the Chattahoochee National Forest.

Lightly Shaken: Georgia Records One Earthquake in July after Active May and June

NewsBreak

Bitcoin ‘ghost month’ started with a 20% BTC price flash crash — What’s next?

The Bitcoin price has recovered 13% since dropping to $49,050, but the commencement of 2024’s so-called “ghost month\" is expected to keep investors cautious, especially in...

The Bitcoin price has recovered 13% since dropping to $49,050, but the commencement of 2024’s so-called “ghost month" is expected to keep investors cautious, especially in...

Bitcoin ‘ghost month’ started with a 20% BTC price flash crash — What’s next?

Comments / 0