The Motley Fool

Bitcoin could soar in price over the next decade. But that's not the only reason billionaires are buying Bitcoin.

Billionaires Are Buying This Cryptocurrency That Could Soar 20,000%, According to MicroStrategy Executive Chairman Michael Saylor

Multinational banking and financial services company DBS Bank collaborated with digital payment provider Ant International on a new blockchain-based treasury and liquidity management solution. On Aug. 13, DBS Bank announced the pilot launch of DBS Treasury Tokens, which Ant International will use for instant and multicurrency treasury and liquidity management.

DBS Bank launches blockchain-powered treasury tokens pilot

Business Insider

Elliott Management, the $69.7 billion activist investor, has become more institutional, frustrating some who are nostalgic for its more freewheeling days.

How $70 billion Elliott has evolved to be a more 'rigid' hedge-fund behemoth, spawning a class of spinoffs

Goldman Sachs, like JP Morgan and Morgan Stanley, now provides its clients with exposure to digital assets. Goldman Sachs (GS) is among the banking giants with certain exposure for its clients in a diverse range of Bitcoin (BTC) exchange-traded funds (ETFs). According to the quarterly report, the investment bank holds...

Goldman Sachs Currently Manages $419M in Bitcoin ETFs

There are many reasons to celebrate the BlackRock Flexible Income ETF (BINC). The actively managed multisector ETF launched less than 15 months ago. It is already approaching $4 billion in assets. It’s also now among the larger active fixed income ETFs joining products from Fidelity, JPMorgan, and PIMCO. BINC...

Golden Age for Fixed Income at BlackRock

Several days of mostly quiet price action came to a fast end during U.S. trading hours Thursday afternoon, with cryptocurrencies suddenly plunging and sending bitcoin (BTC) to its weakest level since just after the early August market panic. At press time, bitcoin was changing hands at $57,700, down nearly 3%...

Bitcoin Tumbles Back Under $58K as Crypto Quickly Crumbles Thursday Afternoon

Goldman Sachs made its debut in the spot bitcoin ETF market in the second quarter, purchasing $418 million worth of bitcoin funds. Wednesday’s 13F quarterly filing deadline offers the latest read on the equity positions taken by large investors. Ether ETFs just hit the market last month, so those...

Goldman Sachs jumps into bitcoin ETFs and one hedge fund gets bullish on miners

Las Vegas, NV

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Bellingham Metro News

LAS VEGAS, NEVADA - A magnitude 4.4 earthquake struck areas near Las Vegas on Tuesday night, according to the United States Geological Service (USGS). The quake, which occurred at 8:06 p.m., was centered approximately 45 minutes from Las Vegas, near Indian Springs.

Magnitude 4.4 Earthquake Shakes Areas Near Las Vegas

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

North Carolina State

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Eden, NC

Town Talks

North Carolina is the 28th largest state by area but boasts the seventh-highest number of counties in the country. If you’re searching for an affordable place to call home in North Carolina, you’re in luck. This diverse and picturesque state offers a range of options that won’t break the bank.

North Carolina City Has Been Named the Cheapest Place to Live in The State

NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

Binance has agreed to pay security regulators in Brazil a fine equivalent to $1.75 million for acting as a “securities intermediary” by offering derivatives trading in the country without a proper license. The settlement of 9.6 million Brazilian reais was revealed Tuesday by Brazil’s Securities and Exchange Commission...

Binance to Pay $1.7 Million to Brazil’s SEC Over Crypto Derivatives

Vanguard opted out of crypto ETFs, sticking to its cost-focused investment strategy. BlackRock leads in Bitcoin and Ethereum ETFs, but may avoid expanding into new crypto assets. As the speculation grows that U.S. Bitcoin [BTC] ETFs may surpass Satoshi Nakamoto’s BTC holdings by 2025, Vanguard, the second-largest ETF provider globally,...

As Vanguard opts out of crypto ETFs, outflows persist

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J. Souza

According to cruise industry reports, the world's largest cruise ship is sailing well above 100% capacity, thanks to more beds being filled on recent sailings. Royal Caribbean’s newest flagship, the Icon of the Seas, is proving to be an unprecedented success, with occupancy rates far exceeding expectations.

The Largest Cruise Ship in the World is Sailing at 132% Capacity: How This is Even Possible

Bitcoin has recently experienced a significant decline, with its price dropping below $59,000. This downturn comes on the heels of a slowdown in institutional investments in stable coins, which has had a notable impact on the cryptocurrency market. Understanding the interplay between stable coin investments and Bitcoin’s price is crucial for investors navigating these turbulent waters.

Bitcoin Price Dips Below $59K as Institutional Stable coin Investments Slow Down

Multiple investment platforms, including Charles Schwab, Fidelity, Vanguard, Ameritrade, eTrade and Robinhood, reportedly went offline for a few hours beginning around 9 a.m. ET today. According to downdetector.com, reports spiked around 10 a.m. ET, with nearly 15,000 issues reported for Charles Schwab, 3,500 for Fidelity, 3,000 for Vanguard and 2,000 for Ameritrade.

Charles Schwab, Fidelity and Vanguard Among Investment Sites That Crashed This Morning

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

BlackRock’s iShares Ethereum Trust (ETHA) is on the cusp of reaching $1 billion in cumulative inflows. This underscores the growing institutional interest in crypto ETFs. BlackRock’s iShares Ethereum Trust (ETHA), launched just on July 23, 2024, has already experienced remarkable growth. According to Farside Investors, inflows into the crypto ETF have surpassed $901 million. This positions BlackRock as a frontrunner in the Ethereum ETF market, ahead of competitors like Fidelity Investments, Bitwise, Grayscale Investments, and VanEck.

BlackRock’s Ethereum ETF Nears $1 Billion Milestone

Morgan Stanley's holdings in BlackRock's Bitcoin ETF amount to $187 million. The firm has enabled its advisors to pitch spot Bitcoin ETFs to select clients. Wall Street titan Morgan Stanley held around $187 million worth of BlackRock’s iShares Bitcoin Trust (IBIT), as of June 30, according to a recent 13F filing shared by MacroScope. The amount is equivalent to over 5.5 million IBIT shares.

Morgan Stanley holds $187 million in BlackRock's IBIT

Raleigh, NC

Big cities are known for their hustle and bustle, drawing people in who crave excitement, variety, and entertainment. But bigger isn’t always better, or at least not for Raleigh, North Carolina.

North Carolina City Named The Most Boring Town in the State

NewsBreak

New Vanguard CEO: \"We will not be launching crypto ETFs.\"

The Vanguard Group, the second-largest issuer of exchange-traded funds (ETFs), plans to sit out the cryptocurrency ETF gold rush, according to Salim Ramji, Vanguard's CEO. “We...

New Vanguard CEO: "We will not be launching crypto ETFs."

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