Bitcoin (BTC) disappointed at the Aug. 16 Wall Street open as rangebound BTC price action contrasted with new record highs for gold. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD surfing both ends of a $1,500 intraday trading range. Having avoided a retest of $56,000 lows from the day...

Bitcoin price stumbles as gold price hits $2.5K for the first time ever

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

Check out how high XRP can pump following the latest Ripple v SEC court ruling (according to some prominent analysts). XRP’s price jumped by 20%, reaching over $0.60 after a court ruled Ripple must pay a $125 million fine, far less than the SEC’s $2 billion demand. The...

How High Can Ripple’s (XRP) Price Go After the $125 Million Fine? (Top Analyst Predictions)

Decentralized finance protocols appear to be showing signs of recovery, with lending and borrowing platform Aave hitting a new record in weekly active borrowers. In a post on X on Aug. 14, Aave founder Stani Kulechov reported that the lending and borrowing protocol has reached around 40,000 active weekly borrowers, eclipsing the previous high in late 2022.

DeFi rises again as Aave hits new ATH in weekly borrowers

Gold steadied on Friday after a sharp upturn in the previous session, as new US economic data assuaged concerns of a recession and made the safe haven metal less attractive to investors. Spot gold was little moved at $2,428.66 per ounce, having posted its biggest one-day surge in three weeks...

Gold price on pace for worst week since early June

Major U.S. stock indexes surged in afternoon trading Friday, as a volatile week of equities trading gets set to draw to a close. The Dow Jones Industrial Average was up 0.4% recent trading, while the Nasdaq Composite and S&P 500 were both up 0.7%. All three indexes closed sharply higher on Thursday, with the S&P 500 and Nasdaq recording their biggest one-day point gains since 2022, as the economic concerns that had roiled the market for the past week subsided after a benign weekly jobless claims report.

Dow Jones Today: Stocks Move Higher; S&P 500, Nasdaq Back in the Green for the Week

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

Devra Lee

Disclaimer: This content was written by Devra Lee for general informational and entertainment purposes only. This service is to provide astrological information that has been researched, recorded, and observed by the author.

Horoscope of the Day, Friday, August 16th

Colorado 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

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

Georgia State

Daily Coffee Press

The chances for the tropical wave in the Atlantic developing have now risen to 80% over the next seven days. The National Hurricane Center (NHC) has advised that this disturbance could become the next tropical storm or hurricane within the coming days, potentially targeting the U.S. East Coast.

Tropical Wave That Could Impact Georgia Now Has 80% Chance of Development

Denver, CO

Migrants enrolled in the Denver Asylum Seekers Program won’t get cash benefits after all. The council amended a contract with Haven for Hope during the Safety, Housing, Education and Homelessness Committee meeting Wednesday. Instead of Haven of Hope providing migrants with cash assistance on debit cards, it will instead provide “culturally appropriate” food.

Denver revokes cash assistance for migrants

Reuters

HONG KONG (Reuters) - Global investors are turning bearish on once-favoured Japanese stocks following last week's turbulence as they reassess economic prospects and the viability of yen-funded trades.

Overseas investors turn bearish on Japanese equities after brutal sell-off

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.

XRP Sees $12 Billion Surge: What's Happening?

Kentucky State

Northern Kentucky Tribune

As a summer surge of the Coronavirus is underway across the country, a new study has revealed the states with the lowest COVID-19 vaccination rates among adults, and Kentucky has finished among the bottom 10.

Kentucky ranks ninth in recent study of states with lowest COVID-19 vaccination rates

Bitcoin ETF investors pulled out $81.4 million yesterday, marking a shift from recent inflows. Emerging outflows have briefly paused Bitcoin ETF euphoria. BlackRock’s Bitcoin ETF has shone brightly amidst market turbulence. Ethereum ETFs have defied the Bitcoin trend with strong inflows. Bitcoin exchange-traded funds (ETFs) experienced a shift in...

Bitcoin ETF Inflows Stumble While BlackRock’s Dominance Grows

The spot price of gold set a new record Friday, inching past the $2,500 mark, to briefly hit $2,500.99 an ounce. At the time of publication, the spot price of gold was trading just under $2,500, at $2,499 an ounce. The new benchmark was not unexpected, especially after gold futures...

Spot Gold Price Hits $2,500, Setting New Record

Arthur Hayes, the co-founder and former Chief Executive Officer (CEO) of BitMEX, a popular crypto exchange, has predicted when the altcoin season will begin. Based on Haye’s analysis, the start of the altcoin season will be contingent on the performance of Bitcoin (BTC) and Ethereum (ETH), two of the world’s top cryptocurrencies.

Bitmex’s Arthur Hayes Predicts When The Altcoin Season Will Begin

XRP, the cryptocurrency associated with the Ripple network, has been a focal point of discussion within the digital currency space, particularly after the conclusion of Ripple’s prolonged legal battle with the U.S. Securities and Exchange Commission (SEC). Despite the favorable outcome, XRP’s price has been relatively unchanged, raising questions among investors and market watchers alike about the digital asset’s future potential.

XRP’s Potential for a Remarkable Surge: Analyst Foresees 11,745% Price Increase

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

New York City, NY

New York Stock Exchange’s (NYSE) Arca electronic exchange withdrew a rule change it proposed in January that would have allowed options trading on commodity-based trusts, including cryptocurrency exchange-traded funds (ETFs), according to an Aug. 13 filing. The purpose of the proposed change was to “permit the listing and trading...

NYSE Arca withdraws request to list options on commodity trusts, crypto ETFs

Two executives from the International Monetary Fund (IMF) say increasing the average crypto mining electricity costs globally by as much as 85% through taxes could put a huge dent in carbon emissions. A tax of $0.047 per kilowatt hour “would drive the crypto mining industry to curb its emissions in...

IMF execs float raising crypto mining electricity prices by 85%

NewsBreak

Bitcoin funding rates hit YTD lows, bearish trend looms — CryptoQuant

Bitcoin funding rates on Binance, the largest global cryptocurrency exchange by trading volume, have plummeted to their lowest levels of the year, signaling a significant shift...

Bitcoin funding rates hit YTD lows, bearish trend looms — CryptoQuant

Comments / 0