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

According to an article by Spencer Jacob for the Wall Street Journal (WSJ), which was published earlier today, investment expert Mark Spitznagel is concerned about the potential upcoming bursting of the “greatest bubble in human history.”. Spitznagel is an American investor and hedge fund manager best known for founding...

U.S. Stock Market Warning: The ‘Greatest Bubble in Human History’ Could Be About to Burst, Claims Investment Guru

Bitcoin’s dominance in the digital assets market recently surged to a new yearly high of 58%, but it quickly retreated back to 57%. This comes as Bitcoin has dropped to around $50,000, marking a significant 32% decline from its all-time high. This is the most significant drawdown Bitcoin has...

US volatility records third highest reading as Bitcoin dominance surges

Venture capital funds (VC) invested $527 million into crypto startups in July, up 14.5% year over year, according to DefiLlama data. The blockchain infrastructure sector raised $420.7 million last month, and its startups contributed the largest amount, representing nearly 80% of the total. Artificial intelligence (AI) protocol Sentient secured $85...

Venture capital injects $527 million into crypto startups in July

Morgan Stanely, the largest wealth manager in the United States, will soon allow its 15,000 financial advisers to start recommending Bitcoin (BTC) exchange-traded funds (ETFs) to clients, according to a CNBC report. Starting Aug. 7, Morgan Stanley wealth managers can begin advising eligible clients to buy shares of two BTC...

Morgan Stanley wealth managers to embrace BlackRock, Fidelity Bitcoin ETFs: Report

New York City, NY

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

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

Brisbane, Australia, August 7, 2024, Chainwire – Australian gemstone company NYBlue Pty Ltd has emerged as a key player working to redefine the global gemstone market. The company's strategic venture involves a plan to secure control over the world’s blue zircon supply, a move that holds the potential to reshape the value dynamics of the global gemstone market.

Australian firm NYBlue secures over one million carats of blue zircon, launches RWA token

Florida 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

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

Investment behemoth Morgan Stanley on Friday said it will soon permit its financial advisors to actively promote Bitcoin ETFs to eligible clients, marking the first time a major Wall Street bank has taken such a step. Starting next Wednesday, the firm's vast network of approximately 15,000 financial advisors will be...

Morgan Stanley Advisors Given Go-Ahead to Pitch Bitcoin ETFs to Investors

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

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

New York-based financial giant BlackRock has warned about cryptocurrency scams. Financial behemoth BlackRock has issued a warning about cryptocurrency-related scams on its social media account. "We urge caution in dealing with individuals, websites or social media platforms using our brand and offering training or investments," BlackRock said. BlackRock has stressed...

BlackRock Issues Major Crypto Warning

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

Update (1:55 am, Aug. 5): This article has been updated to include updated price figures for Bitcoin and Ether. The crypto market has just clocked its most significant three-day sell-off in almost a year, shedding as much as $510 billion from its total market capitalization since Aug. 2. The sharp...

$500B plunge: Largest 3-day wipeout for crypto in a year

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

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

Jersey City, NJ

Essex County, NJ

Morristown Minute

NEWARK, N.J. – Efrin Wade, a former correctional officer at Essex County Correctional Facility (ECCF), has admitted to accepting $14,000 in bribes to smuggle contraband, including tobacco and a cell phone, into the facility for inmates. The announcement was made today by U.S. Attorney Philip R. Sellinger.

Correctional Officer Guilty of Smuggling Contraband: $14K in Bribes Accepted

Illinois State

Chicago, IL

Foodie in Chicago

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

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

In a recent development, the United States Securities and Exchange Commission (SEC) backed out of a closed-door meeting with the Singapore-located payment company Ripple at the last minute. This unprecedented decision subsequently triggered a notable loss in XRP’s value. As a result, investors have turned their gaze to an emerging...

Ripple (XRP) in Panic as SEC Pulls the Plug on Meeting, Crypto Traders Find an Alternative for Fresh Gains

European asset manager CoinShares has seen a 110% increase in its revenue for the second quarter of 2024, backed in part by its FTX claim sale. According to CoinShares’ Aug. 6 earnings report, company revenue for the quarter rose to 22.5 million pounds ($28.5 million) from 10.7 million pounds ($13.5 million) in the same period of 2023, representing a 110% growth rate year over year.

CoinShares revenue surges 110% in Q2, driven by FTX claim sale

NewsBreak

US private investors predict surge in crypto investments in 2024 — Report

United States private investors are foreseeing a surge in crypto investment in the coming months, with more than half of them likely to include digital assets...

US private investors predict surge in crypto investments in 2024 — Report

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