Columbus, OH

Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, has signaled that the U.S. Securities and Exchange Commission (SEC) may still pursue an appeal against the firm despite the recent settlement. Notably, the case, which has been a significant legal landmark in the cryptocurrency industry, saw Ripple ordered to pay $125...

XRP Lawsuit: Ripple’s CLO Anticipates Potential SEC Appeal Despite Settlement

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

A four-year legal battle with regulators ended with Ripple agreeing to pay $125 million in civil penalties. The return to business as usual for Ripple might be enough to send the price of XRP over $1. Other catalysts, such as the launch of a new spot ETF, are unlikely and...

Should You Buy XRP While It's Under $1?

The globally recognizable gaming group, Kindred Group, confirmed details regarding a major shareholding move. On Thursday, the company revealed it was notified that one of its shareholders, The Goldman Sachs Group, divested a large portion of its stake. This isn’t the sole shareholding move confirmed by Kindred recently. Earlier this...

Goldman Sachs Divests Major Stake in Kindred Group

LONDON (Reuters) - Investment bank Morgan Stanley issued an "underweight" warning on Mexican shares on Wednesday due to concerns about planned changes to the judiciary and electoral system, and also downgraded forecasts for China's main markets.

Morgan Stanley cuts Mexico stocks to 'underweight', trims China targets

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?

A total of 94 US banks are at significant risk of experiencing bank runs by uninsured depositors if they show financial weakness, according to a new report. An analysis from Florida Atlantic University finds the billion-dollar banks in question – which include seven US financial giants – have all reported a 50% or higher ratio of uninsured deposits to total deposits.

94 US Banks at ‘Serious Risk’ of Bank Runs, Including BNY, State Street, JPMorgan Chase and Citi: Report

Polk County, FL

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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

Ellen Zentner, Morgan Stanley Wealth Management chief economic strategist, joins 'Closing Bell' to discuss markets, the Fed and recession probability.

Risk assets are too benign, says Morgan Stanley Wealth's Ellen Zentner

According to Bitwise’s latest report, the number of institutional investors holding Bitcoin ETFs jumped by 14% in the second quarter of this year. This increase brings the total to 1,100 institutional investors, up from 965 in the previous quarter. The rise in institutional involvement is notable, especially considering the broader market context.

Institutional Demand for Bitcoin ETFs Surges Despite Market Volatility, Report Shows

The minutes of the Federal Reserve’s late-July policy meeting show that most officials supported possible interest-rate cuts at the next meeting in September. The minutes showed that a “vast majority” of officials said an interest rate cut at the September meeting was likely if data continued to meet expectations.

Federal Reserve Meeting Minutes Show Increasing Support for Interest Rate Cuts

Crystal River, FL

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.

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Akeena

One steak dinner that might have left a bad taste recently is Cody's Roadhouse in Crystal River. The restaurant, located at 305 SE US Hwy 19, was temporarily shut down following a state inspection that uncovered a series of violations.

Florida steakhouse closed again due to dead roaches, bad odors, live insects and roaches

The U.S. government has transferred 10,000 Bitcoin (BTC), valued at $300 million, from a government wallet to Coinbase, signaling a potential upcoming sale. These Bitcoin likely originate from the Silk Road darknet marketplace seizure and could negatively impact the Bitcoin market price. On August 15, 2024, Arkham Intelligence reported that...

US Government Transfers $300 Million in Bitcoin to Coinbase: Market Sell-Off Looms

Federal Reserve Chair Jerome Powell will give a speech Friday morning that investors are eagerly anticipating for clues on the timetable for interest rate cuts. While Powell and other Fed officials have said that a rate cut at the next Fed policy meeting in September is possible, the central bank chief is unlikely to provide details on the timing or depth of policy easing.

What to Expect From Federal Reserve Chair Powell's Jackson Hole Speech Friday?

If you have a CD nearing its maturity date, you have a window of time to tell your bank or credit union what to do with the funds. Miss the deadline and your funds will likely roll into a default CD you may not like—locking you into a new term and a possibly lousy rate.

Have a CD Maturing Soon? Move the Funds to a New One—Quick!

LONDON (Reuters) - Revolut founder and CEO Nik Storonsky had a simple message for his employees at the company's summer drinks last year: make the financial technology firm bigger, better and beat the banks, a person who was there said.

Revolut's Storonsky takes big step forward in battle with the banks

Your article was successfully shared with the contacts you provided. The bank is selling part of its stake in Charles Schwab to cover fines it expects to pay for failures in its money-laundering controls. Including a $450 million provision announced in April, the lender now estimates it will pay $3...

TD Takes $2.6B Hit on Probe, Sells Schwab Shares

Cathie Wood believes Bitcoin can reach as high as $3.8 million by 2030. This is unlikely and relies on some pie-in-the-sky reasoning. Bitcoin is likely to offer major returns nonetheless. That might seem like it's too good to be true, and it probably is. Ark Invest's Cathie Wood has made...

1 Top Cryptocurrency to Buy Before It Soars 6,200%, According to Cathie Wood of Ark Invest

The United States Securities and Exchange Commission has pushed back on Hex (HEX) founder Richard Heart’s bid to toss its $1 billion securities suit, arguing it has the full authority to bring the case to Heart. “In his Motion asking the Court to dismiss all the claims against him,...

SEC opposes Richard Heart’s bid to dismiss $1B securities lawsuit

NewsBreak

Franklin Resources Stock Sinks as SEC Investigates Co-CIO of $2B Unit

Ken Leech, the co-CIO of a Franklin Resources unit, took a leave of absence after receiving a Wells Notice from the Securities and Exchange Commission (SEC)....

Franklin Resources Stock Sinks as SEC Investigates Co-CIO of $2B Unit

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