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

Institutions have been scooping up crypto following this week's rout, which wiped some $230 billion from the market and dragged major asset prices to lows not seen in months. That's according to the latest reading from crypto trading and institutional brokerage outfit FalconX, which noted interest in Bitcoin "remains elevated" and is trading almost three times more than rival Ethereum.

Institutions Are 'Buying the Dip' as Crypto Finds a Footing Following Recent Market Slump

Medical technology firm Semler Scientific has continued its strategy of purchasing Bitcoin for its corporate treasury, scooping up an additional 52 BTC for an aggregate cost of $3 million. The firm announced its latest Bitcoin buys in a press release accompanying its second quarter financial results, noting that its purchase...

Semler Scientific Adds Another $3 Million to Its Bitcoin Treasury

XRP, the native cryptocurrency of the fintech company Ripple, started the new month on a sour note, with its price suffering a significant drop of just over 7% over the past 24 hours. Notably, apart from factors affecting the wider crypto sector, this dip was exacerbated by the abrupt cancellation...

Pundit Predicts Ripple’s XRP Surge to $366 Price Based on These Historical Indicators

Chicago, IL

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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?

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

Akeena

A major player in the home goods scene, Conn's, is now facing a troubling turn of events. Not only is the retailer grappling with bankruptcy speculation, but it’s also closing a significant number of its stores—with Florida bearing the brunt of the closures.

Home Goods Retailer Set to Close Over a hundred Stores, Florida Takes the Hardest Hit

Tennessee State

John M. Dabbs

NASHVILLE, Tenn. — The Tennessee Department of Health (TDH) has issued a health alert to clinicians statewide following reports of severe acute illnesses and adverse effects of consuming Diamond Shruumz™ brand chocolate bars, cones, and gummies. The warning comes after the Centers for Disease Control and Prevention (CDC) and the Food and Drug Administration (FDA) received reports of serious health issues linked to these mushroom-containing edible products.

Tennessee Health Alert: Severe Illnesses Linked to Diamond Shruumz™ Products

It looks like Red Lobster might be on the verge of a fresh start. After filing for Chapter 11 bankruptcy back in May, the beloved seafood chain is about to change hands, and it seems like things are moving fast.

Beloved Seafood restaurant chain could soon have a new owner, two months after bankruptcy

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

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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

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!

Illinois State

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

Ripple’s native coin, XRP, is gaining renewed attention from prominent figures who had previously dismissed it. Notably, Scott Melker, also known as the “The Wolf of All Streets,” recently broke his silence on XRP, forecasting significant potential for the coin. On Wednesday, Melker tweeted about XRP, suggesting that the price was about to explode to almost $2.

Ripple XRP About To Explode? — Pundit Who Ignored XRP for Ages Now Foresees Price Flying Soon

Bucks County Beacon

Conservatives have done the United States a huge favor by explaining in detail what they’ll try to do if Donald Trump is reelected. Project 2025 , a “presidential transition project” of the Heritage Foundation, helpfully lays out how a group of former Trump officials would like to transform the country into a right-wing dystopia where the rich thrive and the rest of us die aspiring to be rich.

Project 2025’s Plan to Gut Medicare and Medicaid

New Jersey State

Morristown Minute

NJ Attorney General Matthew J. Platkin has endorsed a move to reclassify cannabis from a highly restricted substance to one that acknowledges its medicinal benefits. NEW JERSEY - In a significant move supporting drug policy reform, New Jersey Attorney General Matthew J. Platkin submitted a comment letter to the Drug Enforcement Administration (DEA) on Monday, advocating for the proposed rescheduling of cannabis under the Controlled Substances Act. The DEA's proposal aims to shift "marijuana" from Schedule I, a category for substances considered highly addictive and without medical use, to Schedule III, which includes substances recognized for their medical benefits and lower abuse potential.

NJ AG Backs DEA's Move to Reschedule Cannabis

The Current GA

Since 2020, the condition known as long COVID-19 has become a widespread disability affecting the health and quality of life of millions of people across the globe and costing economies billions of dollars in reduced productivity of employees and an overall drop in the work force .

Expert: Long COVID puzzle pieces are falling into place – picture is unsettling

“Ripple USD will be fully backed by a segregated reserve of cash and cash equivalents and redeemable 1:1 for US dollars,” the announcement reads. Ripple plans to launch a stablecoin called Ripple USD (RLUSD) by the end of 2024, available on XRP Ledger and Ethereum. It promises benefits like deep liquidity for certain trading pairs, instant settlements, and programmable finance.

Important Ripple (XRP) Update

Kentucky State

Northern Kentucky Tribune

The window to apply for a medical cannabis business license in Kentucky closes at the end of this month. The Kentucky Cabinet for Health and Family Services said it has received around a dozen permit applications for medical marijuana businesses.

Kentucky’s medical cannabis business license application window set to close August 31

960 The Ref

Wall Street appears poised to return to less chaotic trading Tuesday after a huge sell-off to start the week. Japan’s benchmark Nikkei 225 index soared more than 10%, regaining almost all of the Monday losses that triggered a cascade of tumbling markets from Europe to North America. Futures for...

Wall Street points toward gains as calm returns to markets; Japan's Nikkei roars back to gain 10%

NewsBreak

Whales Withdraw XRP from Exchanges Amid 18% Price Drop — Is A Mega Rebound Coming?

Large XRP wallet holders are withdrawing the coin from exchanges at notably high rates despite a price drop that has seen the XRP price slump by...

Whales Withdraw XRP from Exchanges Amid 18% Price Drop — Is A Mega Rebound Coming?

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