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July 6, 2026

Bill Miller

Business February 8, 2021

Bill Miller Hedge Fund to Buy $400 Million in Bitcoin, Filed with SEC

Hedge fund investor Bill Miller is making a $400 million bet on Bitcoin (BTC). The Miller Opportunity Trust filed with…

By Rochdi Rais

Elon Musk CEO of Tesla, with a picture of Dogecoin cryptocurrency on te moon

Business February 7, 2021

Elon Musk Sends Dogecoin to the Moon Again — Breaking a New-Record

Elon Musk, CEO at Tesla (NASDAQ: TSLA), and SpaceX have just sent Dogecoin cryptocurrency to “the moon” again. The meme-based…

By Rochdi Rais

Ethereum cryptocurrency

Business February 7, 2021

Grayscale Buys 100,000 More Ethereum — Reaching a Total of $5 Billion in Holdings

Grayscale Investments, LLC has closed a deal of more than 177 million worth of Ethereum. The financial institution bought 104,999…

By Rochdi Rais

Bitcoin private key

Financial Investigations February 5, 2021

German Prosecutors Seize $60 Million Worth of Bitcoin, Can’t Access Private Keys

German authorities seized over $60 million worth of Bitcoin (BTC) from a fraudster. However, the Bitcoin fraudster refused to give…

By Rochdi Rais

Elon Musk holding a phone, with a dogecoin wallpaper in the background

Business February 5, 2021

Dogecoin Price Soars 50%, Elon Musk’s Tweet is the Reason

Elon Musk, the richest man in the world pushed Dogecoin price 50% higher. Billionaire and CEO of Tesla (NASDAQ: TSLA)…

By Rochdi Rais

Ruffer Investment

Business February 4, 2021

Ruffer Investment Management Profited $750 million from Bitcoin in Two Months

Ruffer Investment Management made over $750 million in profits from its investment in Bitcoin (BTC). The London-based financial firm managed…

By Rochdi Rais

Ethereum

Business February 4, 2021

Ethereum hits a new all-time high, reaches $1,600 mark

Ethereum (ETH) rally continues to lead the cryptocurrency to reach a new all-time high. ETH is up 10.32% in the…

By Rochdi Rais

Guggenheim CIO Scoot Minerd

Business February 3, 2021

Guggenheim CIO says Bitcoin could reach $600,000 in long run

Scott Minerd CIO of Guggenheim said Wednesday that $400,000 to $600,000 is a reasonable price for Bitcoin (BTC). According to…

By Rochdi Rais

Judge orders cryptocurrency fraudster return funds to victims

California News January 28, 2021

Judge Orders Fraudster to Jail, Return Stolen Cryptocurrency to Victims

A federal judge sentenced a cryptocurrency fraudster named Jerry Ji Guo to prison and return the funds he embezzled from…

By Marivic Cabural Summers

James Howells

Business January 15, 2021

British man accidentally threw $280 million worth of Bitcoin (BTC)

James Howells, a British man said he accidentally threw a hard disk filled with his Bitcoin (BTC) 7 years ago.…

By Rochdi Rais

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California Chaos: Fourth of July Celebrations Marred by Crowd Violence, Looting, Fireworks Injuries and Multiple Fires California Chaos unfolded across parts of Southern California during the Fourth of July holiday as celebrations in several communities were overshadowed by violent confrontations with police, reported looting, dangerous fireworks incidents and multiple structure fires. While hundreds of thousands of people attended parades, concerts and fireworks displays without incident, authorities were forced to respond to several serious public safety emergencies throughout the weekend. In Newport Beach, officers in riot gear confronted large crowds after disturbances escalated into assaults on law enforcement, fights among attendees and reports of looting. Elsewhere, firefighters battled multiple blazes believed to have been sparked by fireworks, while several people were injured in a fireworks explosion in Chino. Police Confront Large Crowd in Newport Beach One of the most serious incidents occurred in Newport Beach, where police officers were confronted by a crowd estimated to number in the hundreds. Authorities said people in the crowd threw bottles and other objects at officers as law enforcement attempted to restore order. Video from the scene showed police forming defensive lines while wearing helmets and protective equipment as projectiles were reportedly thrown in their direction. As tensions increased, portions of the crowd reportedly began fighting among themselves, creating additional hazards for officers attempting to make arrests and disperse the gathering. Mounted police officers on horseback were eventually deployed to move people out of the area, creating space for additional officers to enter safely and detain individuals suspected of participating in the unrest. Mounted units are commonly used during large public gatherings because horses provide officers with greater visibility and can help move crowds while minimizing the need for more forceful crowd-control tactics. Looting Reported During the Unrest Video circulating online appeared to show the aftermath of reported looting at a Pavilions grocery store in Newport Beach. Merchandise was scattered throughout the parking lot, while groups of people remained outside the business after the incident. Some individuals were seen standing nearby, laughing and recording the aftermath on their phones. Authorities have not publicly announced how many people may have participated in the reported looting or whether arrests related to the incident have been made. Officials also indicated that many individuals involved in the disturbances did not appear to be local residents, though investigators continue reviewing evidence and surveillance footage. Fireworks Lead to Injuries and Fires Elsewhere across Southern California, emergency crews responded to multiple incidents involving illegal or improperly handled fireworks. In Chino, several people were injured after fireworks reportedly exploded close to the ground rather than launching safely into the air. Emergency responders treated multiple victims at the scene before transporting some to local hospitals. Around Los Angeles, firefighters spent much of Saturday night battling separate fires that broke out in different neighborhoods. More than 60 firefighters responded to a commercial building fire in the Harbor Gateway area after flames erupted shortly before 10 p.m. A second blaze ignited in Mission Hills, where several cypress trees caught fire before flames spread to two nearby vehicles. Firefighters successfully prevented the fire from reaching surrounding homes, and no injuries were reported. Officials continue investigating both fires and have not ruled out fireworks as a possible cause. Huntington Beach Celebration Draws Massive Crowds Despite the isolated incidents elsewhere, Huntington Beach hosted one of California’s largest Independence Day celebrations. Hundreds of thousands of spectators filled the city’s streets and beaches for the annual festivities, which included the 122nd Annual Fourth of July Parade, widely recognized as the largest Independence Day parade west of the Mississippi River. American flags lined the parade route as marching bands, military veterans, horseback riders, community organizations and classic automobiles made their way along Pacific Coast Highway. Families gathered in lawn chairs throughout the day before the celebration concluded with a large fireworks display launched from the Huntington Beach Pier. Although the event generates significant tourism revenue for local businesses, city officials have noted that the operational costs of providing security, sanitation and emergency services often exceed direct municipal revenue generated by the celebration. Residents praised the annual tradition despite the challenges. “It’s amazing. Huntington Beach, Fourth of July, there’s nothing like it,” attendee Katie Jarrett told The California Post. Another visitor, Carolyn Jesse, described the celebration as a meaningful expression of patriotism and community pride. Investigation Continues Law enforcement agencies continue reviewing video footage, interviewing witnesses and assessing evidence related to the Newport Beach disturbances. Officials have urged anyone with information regarding assaults on officers, acts of vandalism or reported looting to contact investigators. Authorities also reminded residents that illegal fireworks remain prohibited in many California communities because of the significant wildfire and public safety risks they present. Relevant Links Newport Beach Police Department: https://www.newportbeachca.gov/government/departments/police Los Angeles Fire Department: https://www.lafd.org/ Huntington Beach Official Website: https://www.huntingtonbeachca.gov/ California Department of Forestry and Fire Protection (CAL FIRE): https://www.fire.ca.gov/ California Office of Emergency Services: https://www.caloes.ca.gov/ Keywords: California Chaos, Newport Beach, Fourth of July, riot police, mounted police, crowd violence, looting, Pavilions grocery store, Huntington Beach, Chino fireworks explosion, Los Angeles fires, Harbor Gateway fire, Mission Hills fire, CAL FIRE, Independence Day celebration, California news.
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