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Bitcoin price continued its selloff as part of broader declines in cryptocurrencies after a sharp rise in US inflation triggered risk-off sentiment. The world’s largest digital token tumbled as much as 7% to $25,366, at 18-month low. The most popular crypto is down more than 43% so far this year (YTD), and is trading far below its record high of $69,000 it had hit in November last year.

HOLLAND, Mich. — A first-time, popular Tulip Time Festival exhibit is closing Sunday due to unusually warm weather, which has been record-breaking in parts of West Michigan. Organizers said hundreds of tulips at the Immersion Garden in Holland are wilting sooner than they normally would. “The tulips really like it to be about 40 degrees at night, 60 degrees during the day," Gwen Auwerda, executive director for the Tulip Time Festival. "So when its 80 degrees during the day or 90 degrees at night, they just wilt really quickly." The tulips planted in downtown Holland are faring a lot better...

KPMG in Canada has completed an allocation of cryptoassets to its corporate treasury, the firm's first direct investment in cryptoassets.

Understanding exactly what about the Bitcoin network implementing Taproot changes is necessary for understanding why the changes were needed. Taproot is the combination of many Bitcoin Improvement Proposals (BIPs) resulting in a soft fork of Bitcoin’s blockchain. A soft fork is a proposed upgrade that over time is adopted as the only blockchain, meaning the old one will cease to operate once the new one (in this case, Taproot) is fully adopted.

Tulip growers in the Netherlands are pleading millennials to stop taking selfies among the flowers, after tourists caused thousands of euros' worth of damage by trampling over the plants in search of the perfect picture. Colorful tulip fields throughout the Netherlands are popular destinations for visitors, but the rise of the selfie in recent years has resulted in damage as people enter and walk across the fields.

Bitcoin has soared more than 600 percent this year. On Thursday, the cryptocurrency traded down 3.9 percent at $7,172.80, but remained near a record high. The digital currency has already been embraced by some of Wall Street's most well-known figures, including investing legend Bill Miller. It has been criticized, however, by Blankfein's peers on Wall Street in JPMorgan Chase CEO Jamie Dimon and BlackRock CEO Larry Fink. In September, Dimon referred to bitcoin as a "fraud," adding "it's worse than tulip bulbs. It won't end well." Last month, Fink said bitcoin was an "index of money laundering."

Billionaire venture capitalist and PayPal co-founder Peter Thiel has been a long time proponent of Bitcoin. At the Future Investment Initiative in Riyadh, Saudi Arabia, Thiel once again reiterated the potential of Bitcoin, stating that people are underestimating it.

Shares of Australian investment firm Macro Energy gained 42% yesterday, after news emerged that it plans to enter the bitcoin space and raise A$9.1m ($8.2m) in funding.

The staggered phase out of energy-wasting light bulbs begins on Sept. 1 in Germany. The unpopularity of the energy-saving compact fluorescent bulbs that will replace them is leading consumers and retailers to start hoarding the traditional bulbs. As the Sept. 1 deadline for the implementation of the first phase of the EU's ban on incandescent light bulbs approaches, shoppers, retailers and even museums are hoarding the precious wares -- and helping the manufacturers make a bundle. The EU ban, adopted in March, calls for the gradual replacement of traditional light bulbs with supposedly more energy-efficient compact fluorescent bulbs (CFL). The...

Dan Rather will be on Larry King in a few minutes to gin up interest in his full-hour interview with former pres. Clinton (7:00 sunday, cbs) "Veteran newsman Dan Rather discusses the beheading of an American hostage, and his interview with former President Bill Clinton. Tune in at 9 p.m. ET. "

Nearly four centuries after thousands of people were made bankrupt by Tulipmania, a modern-day variant of the speculative futures trade is again threatening to bring investors in the Netherlands to their knees. Like their 17th century counterparts - whose gamble proved worthless when the over-hyped tulip market collapsed - today's investors fear the money they spent on bulbs may turn to dust. In 1637 a single bulb was bought for the price of the grandest Amsterdam house. Four hundred years later, the flower fanatics forked out a minimum of €100,000 each on the promise of a possible return of 30...

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