J.P. Morgan Asset Management announced on Thursday a retirement income investment leveraging a target-date fund with a guaranteed annuity payout in retirement. The firm’s SmartRetirement Lifetime Income TDF is designed to provide a stream of income payments in retirement through annuities from participating insurance companies, according to the announcement.

JP Morgan Announces Lifetime Income TDF

Fidelity actively participates with 176,626 BTC held, emphasizing strong institutional engagement in the cryptocurrency market. Predictions suggest Bitcoin ETFs might hold more than Nakamoto as early as October 2024 due to rapid acquisition rates. U.S.-based Bitcoin ETFs are approaching a pivotal moment where they might soon hold more Bitcoin than...

BlackRock and Fidelity Are Hoarding Bitcoin: Could They Control the Future of Crypto?

Reuters

NEW YORK (Reuters) - A handful of institutional investors bought large positions in former President Donald Trump’s media company in the second quarter ahead of the company's inclusion in two Russell indexes, regulatory filings released on Wednesday showed.

BlackRock, Vanguard big purchasers of Trump Media shares in Q2, filings show

The Motley Fool

Bitcoin could soar in price over the next decade. But that's not the only reason billionaires are buying Bitcoin.

Billionaires Are Buying This Cryptocurrency That Could Soar 20,000%, According to MicroStrategy Executive Chairman Michael Saylor

There are many reasons to celebrate the BlackRock Flexible Income ETF (BINC). The actively managed multisector ETF launched less than 15 months ago. It is already approaching $4 billion in assets. It’s also now among the larger active fixed income ETFs joining products from Fidelity, JPMorgan, and PIMCO. BINC...

Golden Age for Fixed Income at BlackRock

Camden, NJ

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Cornelius, NC

Morristown Minute

CAMDEN, N.J. – Lisa Smith, 61, of Cornelius, North Carolina, has admitted to her role in a fraudulent scheme involving over $3.5 million in Paycheck Protection Program (PPP) loans. U.S. Attorney Philip R. Sellinger announced today that Smith pleaded guilty before U.S. District Judge Karen M. Williams in Camden federal court on July 17, 2024, to a charge of bank fraud conspiracy.

Woman Pleads Guilty to $3.5M COVID Relief Scam

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

Denver, CO

David Heitz

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

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.

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Total Apex Sports & Entertainment

In the charmingly delightful world of astrology, you should know that each of the zodiac signs carries a specific set of traits. Those characteristics influence how individuals navigate the challenges they may meet in life. Some signs are known for their over-the-top boldness. These are the people who usually have such a strong willingness to face conflicts head-on.

3 Zodiac Signs That Hate Confrontation

The U.S. high yield bond ETF category has a new asset leader. The iShares Broad USD High Yield Corporate Bond ETF (USHY) is now the largest high yield bond ETF in the market, with assets totaling $15.9 billion as of Aug.15. USHY has now surpassed its veteran counterpart, the iShares...

High Yield Bond ETFs Have New Asset Leader

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

South Korea’s National Pension Service now owns more than $32 million worth of MicroStrategy (MSTR) shares after investing in the Bitcoin (BTC)-friendly US firm earlier this year. The Pension Service, which reportedly manages $764.8 billion worth of assets at the end of 2023, has accumulated 24,500 MSTR shares as...

South Korean Pension Fund Invests $32,500,000 in MicroStrategy As the US Firm Continues To Gobble Up Bitcoin

While Bitcoin continues to be a fantastic long-term investment, a number of cryptocurrencies could outperform it over the short to medium term. Solana is the leading rival to Ethereum, and could be the next major cryptocurrency to get a spot ETF. Toncoin is a pioneer in the area of tap-to-earn...

Forget Bitcoin: 2 Cryptos I've Got My Eye On In the Second Half of 2024

Wyoming State

WyoFile

Two Sweetwater County lawmakers seeking re-election filed a defamation suit Thursday against a political action committee affiliated with the hard-line Wyoming Freedom Caucus over mailers that attack them over a vote they say never happened.

Lawmakers sue Wyoming Freedom PAC over Trump-ballot mailers

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

BlackRock's IBIT ETF has grown to $21 billion AUM since January launch. Grayscale's ETHE fund has experienced $2.3 billion in outflows since US Ethereum ETFs began trading. BlackRock has taken over Grayscale as the largest digital asset fund manager in assets under management (AUM). As highlighted by James Butterfill, head of research at CoinShares, BlackRock now holds over $22 billion in crypto, while Grayscale nears $21 billion.

BlackRock overtakes Grayscale as largest crypto fund manager

The Denver City Council accepted Monday two grants totaling $24.5 million from the state of Colorado to pay for the homeless navigation campus it opened last year. One council member wants answers as to why wraparound services at the campus aren't up and running.

Denver homeless hotel wins $24.5 million grant, experiences wraparound services delay

GOBankingRates

The American economy has stayed remarkably stable after its comeback from the low points of the pandemic. However, a recent stock market tumble -- which some are merely calling a "correction" -- has...

8 Reasons You Should Invest in Bitcoin Ahead of a Possible Recession

Colorado State

The Denver City Council postponed Monday until Aug. 19 spending $25.5 million on lawn equipment for maintaining city parks and golf courses. Council member Sarah Parady made the motion to postpone until Aug. 19 voting on two contracts. The first is for $17 million with Pattlen Enterprises. Another is for $6.5 million with Potestio Brothers Equipment. A third contract is for $2 million with Colorado Golf and Turf Inc.

Denver postpones buying $25.5 million in gas-powered lawn equipment

Ex-Goldman Sachs executive Raoul Pal is expressing bullish sentiment on a large-cap Ethereum (ETH) rival. In an interview with Wall Street veteran Anthony Scaramucci, Pal says that by the end of the current cycle, Solana (SOL) could explode to a price that’s “probably north of $1,000,” representing a potential gain of at least 604% from the current level.

Top Ethereum Competitor Could Skyrocket by Over 600%, According to Former Goldman Sachs Executive Raoul Pal

NewsBreak

Goldman Sachs Makes Bold Move: Massive Investment in Bitcoin ETFs Revealed

Goldman Sachs’ commitment to integrating digital assets into its investment portfolio. The substantial figures involved indicate a serious bet on the future of Bitcoin and digital...

Goldman Sachs Makes Bold Move: Massive Investment in Bitcoin ETFs Revealed

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