Columbus, OH

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…

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!

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

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$388 Million Bitcoin Withdrawal Stuns Largest Crypto Exchange, Binance

“Core Scientific will modify its infrastructure to deliver approximately 112 incremental MW … to host CoreWeave’s NVIDIA GPUs,” the miner said in a statement. Core Scientific’s stock was up more than 14% in early trading. Bitcoin miner Core Scientific has once again announced it will supply...

Bitcoin miner Core Scientific to deliver additional 112 megawatts to CoreWeave

Staking platform Kiln has launched “Kiln DeFi,” simplifying access to stablecoin rewards and enabling users to generate an additional yield from their digital assets. Crypto.com DeFi Wallet is the first to integrate with the new service, allowing it to offer stablecoin rewards to its users via leading DeFi lending protocols.

Kiln launches DeFi service for stablecoin rewards, starting with Crypto.com's web3 wallet users

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

The cryptocurrency market plunged on Monday, shedding around $367 billion in value over a 24-hour period, before recovering some later in the day. Bitcoin and ether each saw dramatic drops as investors sold out of risky assets. The slide comes after the Nasdaq wrapped up its worst three-week stretch in...

Crypto selloff wipes out $367 billion in value as bitcoin, ether plunge

Xapo Bank has entered the UK market having passported its banking license into the country. Xapo claims to be the first UK bank to enable interest-bearing bitcoin and fiat accounts as a result. Xapo Bank says it has become the first UK bank to enable interest-bearing bitcoin and fiat accounts...

Xapo Bank to offer interest-bearing bitcoin accounts in UK after 'passporting' its license

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

South Carolina State

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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

New York State

The SEC argued that Coinbase sought material “entirely irrelevant” to the court case. The crypto exchange has been urging the SEC to provide more documents that contain internal discussions with regards to digital assets. The U.S. Securities and Exchange Commission (SEC) has requested a New York court to...

SEC urges court to reject Coinbase’s subpoena request for documents

Capula Management, Europe’s fourth-largest hedge fund, purchased over $464 million in spot Bitcoin exchange-traded funds (ETFs) during the second quarter of 2024, according to an Aug. 5 US Securities and Exchange Commission 13F filing. The filings showed that Capula holds 4,022,346 shares in the Fidelity Wise Origin Bitcoin ETF...

Capula Management reveals $464 million investment in spot Bitcoin ETFs in Q2 13F filing

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

Morgan Stanley, the largest wealth manager in the United States, is now allowing its wealth advisers to offer spot Bitcoin (BTC) exchange-traded funds (ETFs) to high-net-worth clients starting this Wednesday, according to a report. The move was in response to increasing demand from clients for crypto-related products. Notably, winning over...

Morgan Stanley Becomes First American Banking Giant To Offer Spot Bitcoin ETFs To Wealthy Clients

Metaplanet gears up to acquire additional Bitcoin worth tens of millions of dollars. Metaplanet has doubled down on its Bitcoin strategy. The company is preparing to acquire additional BTC worth tens of millions. The acquisition will be funded with a multi-billion Gratis Allotment of Stock Acquisition. Japanese investment and consulting...

Metaplanet Eyes $69.6M Bitcoin Acquisition After New Fundraising

A sense of extreme fear is spreading in the cryptocurrency and stocks market on Monday. The closely-watched crypto fear and greed index is nearing the fear zone while the one tracked by CNN Money has moved to the fear zone of 27. Three of its sub-indices like market volatility, safe...

‘Extreme Fear’ as Crypto Crash Triggers $800M BTC, ETH, XRP, SOL Liquidations

The Independent

Bitcoin has experienced one of its worst sell-offs in its history, plummeting in price by nearly 20 per cent over the last 24 hours to take it to its lowest level in six months.Several other leading cryptocurrencies have suffered even worse downfalls, with eight of the top 10 most valuable tokens falling by more than 20 per cent since Sunday. The losses have totaled more than $300 billion for the combined crypto market, leading to fears among investors that the bull market that began in November 2022 may be coming to an end.The crypto market downturn can be pinpointed to...

Bitcoin price crash: Why is the crypto market collapsing?

On Aug. 5, Bitcoin (BTC) suffered a significant 7% drawdown. The digital asset hit a local bottom at $49,000 before rallying to approximately $54,000 once the US markets opened. Data from Farside highlights substantial outflows from Bitcoin ETFs on this day, totaling $168.4 million. Leading the outflows were Grayscale’s GBTC...

Bitcoin ETFs shed $168 million on 7% drop

Denver, CO

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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

NewsBreak

US spot bitcoin ETFs see $148 million in net outflows; ether ETFs log $98 million in inflows

On Tuesday, spot bitcoin ETFs in the U.S. experienced $148.5 million in net outflows. Spot Ethereum ETFs reported $98.3 million in total daily inflows, led by...

US spot bitcoin ETFs see $148 million in net outflows; ether ETFs log $98 million in inflows

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