Columbus, OH

The Independent

The Bank of England has cut interest rates for the first time since 2020, but signalled people should not expect borrowing costs to start dropping rapidly in the months ahead.The central bank reduced the base rate from 5.25% to 5% after a split vote among its policymakers.It means pressure will be eased for some homeowners who will see their mortgage costs come down, but it could prompt banks to start reducing savings rates.The decision marks a turning point for the Bank’s Monetary Policy Committee (MPC), which has not implemented an interest rate cut since the onset of the Covid-19 pandemic...

Bank cuts interest rates to 5% but signals rapid fall unlikely to come

A new token priced at only $0.005 has quickly attracted the attention of big investors. In just 72 hours since its launch, the token has raised a remarkable $150,000, showing strong interest from both prominent investors and crypto enthusiasts. This fast influx of funds highlights the token’s potential and growing popularity. As the presale continues, it’s becoming a key opportunity for those looking to invest early and benefit from significant future growth.

Newly Launched Crypto Priced At Just $0.005 Attracts Whales Investments, Raises $150,000 In Just 72 hours

BlackRock executive Samara Cohen thinks Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) will be allocated to model portfolios by the end of this year and into 2025. Model portfolios are a basket of different investments crafted by a financial advisor, according to the financial services firm Morningstar. Cohen, BlackRock’s...

BlackRock Executive Predicts Bitcoin and Ethereum Become Part of Model Portfolios by 2025

The Bank of England’s chief economist has signalled that policymakers should not cut interest rates too fast at future meetings, after the Bank’s first cut in four years on Thursday.Huw Pill said: “There may be a tendency to think inflation is back at target, so interest rates can go back to where they were. I think that’s a little bit quick.”He was speaking at a briefing on Friday, after the Bank voted to cut rates to 5%, down from a 16-year high of 5.25%.Mr Pill admitted that the Bank has gone from “a when-rather-than-if debate” on rate cuts, but reiterated...

Bank chief economist warns against making further rate cuts ‘too quickly’

Legislation on how to finance a U.S. Bitcoin reserve is being debated. Plan includes a 1-million BTC purchase to hold 5% of total Bitcoin supply, mimicking gold reserves. Senator Lummis aims to affirm self-custody rights and diversify Fed assets, supporting private Bitcoin holders. United States’ strategic Bitcoin (BTC) reserve would...

US strategic Bitcoin reserve to be financed by revaluing Fed’s gold

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…

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Florida State

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Jacksonville Today

Republican Donald Trump has a 7-point lead over Democrat Kamala Harris among Florida voters, 49% to 42%, according to a new poll from the University of North Florida. Four percent are backing another candidate, and 6% are undecided or didn’t answer.

New Florida poll: Trump leads; support strong for abortion and recreational weed

Denver, CO

David Heitz

In addition to collecting more than 8,000 used needles in the past year from Denver drug users, the Harm Reduction Action Center passed out 10,000 meth pipes and “snort kits,” according to a newsletter sent to its supporters Thursday. They also connected about 1,700 people to medical, mental health and substance abuse treatment.

Denver group hands out 10K meth pipes, ‘snort kits,’ connects 1,700 to treatment annually

Chicago, IL

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?

Bitcoin prices plummeted by 3% to $64,000 after the Fed meeting, triggering over $56 million in liquidations. Fed Chair Jerome Powell hints at potential 25 bps rate cut in September, depending on July’s inflation data. Following the recent Federal Reserve meeting, where interest rates remained steady at 5.25-5.5%, Bitcoin...

Bitcoin Crashes After Fed Meeting: $56 Million Wiped Out in Hours!

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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

Ripple will allocate $10 million in tokenized U.S. Treasury bills on the XRP Ledger, marking the first issuance of such tokens on the platform. The initiative is part of a broader trend in the crypto industry, where tangible real-world assets and traditional financial securities are being tokenized, enhancing efficiency and attracting major participants like BlackRock.

Ripple to Allocate $10M to Tokenized U.S. Treasury Bills on XRP Ledger

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

Polk County, FL

Fort Meade, FL

Uncovering Florida

The Polk County Sheriff's Office has made an arrest after conducting an investigation into a case of credit card fraud involving 28-year-old Burger King employee, Kellyn Miley. The incident was discussed in detail during this morning's briefing with Sheriff Grady Judd.

Burger King Employee Caught Using Customer's Credit Card for Food at Former Job

Colorado State

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

A dangerous drug that is being mixed into fentanyl is causing those who inject it to develop a rash of sores that resembles a case of flesh-eating bacteria. People experiencing homelessness around Denver can sometimes be seen with these bloody, weeping wounds. I recently mentioned this phenomenon to a fentanyl user who told me about the xylazine connection.

Denver homeless people suffer sores as xylazine enters fentanyl supply

South Carolina State

Colleton County, SC

Explore Beaufort SC

Some beachgoers were in for a surprise this week when a bizarre looking prehistoric fish washed ashore in Colleton County along Edisto Beach at Edisto Beach State Park. It turned out to be an atlantic sturgeon.

Rare Atlantic sturgeon washes ashore on South Carolina beach

Alaska State

Williamsburg, VA

Last week Roger Allan Holmberg Sr.made the news because of a disturbance on an Alaskan airline flight. 13 News Now said a social media page indicated the pastor and his wife Patty had moved to Williamsburg, Virginia in November, 2023.

Virginia pastor banned from Alaskan airline after assault charges are filed

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

NewsBreak

Bank of England looks to update RTGS by exploring wholesale CBDC, synchronization

Getting your Trinity Audio player ready... The central bank of the United Kingdom is proposing experimenting with a wholesale central bank digital currency (wCBDC) as it...

Bank of England looks to update RTGS by exploring wholesale CBDC, synchronization

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