Bethesda Archives - Page 206 of 277

Bethesda’s ProShares Provides Way for Investors to Profit From Decline In Price of BitCoin

Published June 20, 2022 at 10:23AM

ProShares to Launch the First U.S. Short Bitcoin-Linked ETF on June 21. BITI will offer investors the opportunity to potentially profit when the daily price of bitcoin declines, with the convenience, cost-efficiency, and liquidity of an ETF.

“As recent times have shown, bitcoin can drop in value,” said ProShares CEO Michael L. Sapir. “BITI affords investors who believe that the price of bitcoin will drop with an opportunity to potentially profit or to hedge their cryptocurrency holdings. BITI enables investors to conveniently obtain short exposure to bitcoin through buying an ETF in a traditional brokerage account.” BITI is designed to deliver the inverse (opposite) of the performance of the S&P CME Bitcoin Futures Index. It seeks to achieve its objective on each investment day and for no other period. BITI seeks to obtain exposure through bitcoin futures contracts.

Cubasi Bistro Now Open in Bethesda

By Patrick Herron

Published June 19, 2022 at 9:28AM

Cubasi Bistro, a Cuban restaurant with an existing location in Sterling, VA, is now open at 4710 Bethesda Ave. The restaurant is located on the ground level of The Seasons Apartments in the location that was formerly home to Jimmy John’s. Jimmy John’s closed that location in late 2018.

The menu consists of starters like ham croquettes, empanadas, bacalitos, and more. A variety of sandwiches and sides are on the menu, as well as pork. beef, chicken, and seafood entrees. Diners can also create their own bowls that consist of chicken/beef and salad, rice, beans, plantains, and more. The full menu and photos of a few dishes can be seen below.

Saphire Cafe in Bethesda to Close Permanently

By MCS Staff

Published June 17, 2022 at 8:34PM

Saphire, located at 7940 Wisconsin Ave, has just announced that it will be closing permanently. The popular Bethesda nightlife location posted the following message on its Facebook page:

“Ok friends, the time has finally come…

Washingtonian Names Park Potomac’s King Street Oyster Bar ‘Best Oyster Happy Hour’

By MCS Staff

Published June 17, 2022 at 1:28PM

Washingtonian released its ‘Best of Summer: Where We’d Have a Drink Right Now’ list that includes “new rooftop lounges, summery cocktails, terrific happy hour deals, and more reasons to raise a glass.” King Street Oyster Bar, which opened a location in Park Potomac this past March, was named ‘Best Oyster Happy Hour.”

Per Washingtonian: All four locations of King Street Oyster Bar—Potomac, NoMa, Leesburg, and Middleburg—offer a top-notch daily happy hour. Dollar oysters, plus a wide array of $7 drinks, are available from 3 to 6:30. (The DC location goes until 7.)

ImaginationStage Announces Six Shows for 22-23

By Patrick Herron

Published June 17, 2022 at 10:48AM

Per ImaginationStage:

BETHESDA, MD (June 14, 2022). Imagination Stage™, the metro DC region’s largest professional theatre for young audiences, announces its six shows for 2022-2023, which include two newly-commissioned world premieres, two musicals based on popular books, and two favorites especially for the very youngest theatre-goers.

Augie’s Mussel House and Beer Garden to Open First Montgomery County Location

By Patrick Herron

Published June 17, 2022 at 8:47AM | Updated July 3, 2022 at 8:47AM

Augie’s Mussel House and Beer Garden is coming to 7747 Tuckerman Ln (Cabin John Village), the former site of Lahinch Tavern, according to Store Reporter. Augie’s currently has a location at 1106 King Street in Alexandria, VA. In addition to mussels, menu items include a 10-Day Cured & Smoked Brisket Sandwich, Chicken Pot Pie Empanada, Chicken & Waffles, and Soft Shell Crab. Opening information has not been announced.

According to their website, “Inspired by St. Augustine, the Patron Saint of Brewers, Augie’s Mussel House and Beer Garden in historic Old Town, Alexandria blends traditional Belgium cuisine with a modern twist. Our creative mussel offerings can be thoughtfully paired with one of our extensive Ale selections. Whether you are sampling one of our many brews on the festive patio, or enjoying a waffle and frites in our bespoke dining room, Augie’s has you covered! We locally source the freshest and best ingredients to create our culinary offerings and our in-house beer Cicerones seek out both traditional and innovative brewers to provide a vast selection. The team at Augie’s is ready to take you on a culinary journey.”

Philz Coffee Closes Permanently in Bethesda

By MCS Staff

Published June 17, 2022 at 7:02AM | Updated June 17, 2022 at 11:07AM

Philz Coffee, located at 7247 Woodmont Avenue in Bethesda, has closed permanently, according to the company website. The coffee shop is also listed as “permanently closed” on its Facebook page. Philz Coffee opened its Bethesda location in December of 2018. DC Area locations in Adams Morgan, Navy Yard, and Ballston remain open.

More on Philz Coffee: Founded more than 25 years ago by Phil Jaber, Philz Coffee has more than 55 stores across California and the Washington, DC region. With more than 20 unique, customized blends created by Phil, there are four million ways to enjoy Philz Coffee, each handcraft to the customer’s request.

Detectives Arrest Three Juveniles and An Adult for Bethesda Armed Carjacking

By Patrick Herron

Published June 16, 2022 at 12:30PM

On Friday, June 10, 2022, at approximately 10:58 p.m., 2nd District officers responded to the St. Elmo Parking Garage for the report of an armed carjacking that just occurred.

The investigation by detectives determined that the victims were walking to their red 2022 Hyundai Elantra, when they noticed the four suspects in the area. One of the suspects approached the victim and demanded the keys. The same suspect then produced a black handgun, pointed it at the victim’s chest and again demanded the keys. The victim handed the suspect the keys and all four suspects fled the scene in the Hyundai on Cordell Ave. toward Wisconsin Ave.

Montgomery County Receives Maryland Quality Initiative ‘Award of Excellence’ for MD 355 Crossing Project in Bethesda

By Patrick Herron

Published June 15, 2022 at 7:52PM

MdQI is a consortium of public and private sector agencies and industry associations representing Maryland’s transportation industry. The organization advocates for the highest quality in planning, design, construction and maintenance of Maryland’s transportation system.

Each year, a panel of experts evaluates award nominations. Winners are announced at a MdQI annual conference and awards event. This year’s event was held May 26 at the Baltimore Convention Center.

Dr. Anthony Fauci, Director of NIAID, Tests Positive for COVID-19

By MCS Staff

Published June 15, 2022 at 3:12PM

NIAID conducts and supports research—at NIH, throughout the United States, and worldwide — to study the causes of infectious and immune-mediated diseases, and to develop better means of preventing, diagnosing, and treating these illnesses. News releases, fact sheets and other NIAID-related materials are available on the NIAID website.

About the National Institutes of Health (NIH): NIH, the nation’s medical research agency, includes 27 Institutes and Centers and is a component of the U.S. Department of Health and Human Services. NIH is the primary federal agency conducting and supporting basic, clinical, and translational medical research, and is investigating the causes, treatments, and cures for both common and rare diseases. For more information about NIH and its programs, visit www.nih.gov.

Beyond MoCo: Bethesda Resident Jose Andres To Open New Restaurant in Waldorf Astoria (Formerly Trump Hotel)

By MCS Staff

Published June 13, 2022 at 8:01PM

Chef Jose Andres, a Bethesda resident, restaurateur, and humanitarian, announced earlier today via Twitter that he will be opening a new restaurant in the Waldorf Astoria (formerly Trump Hotel), as a new location of his restaurant chain, The Bazaar, will open in the Old Post Office.

He announced the news in a video on Twitter that shows him speaking in front of the Old Post Office building while the bells from the clock tower chime behind him. “For whom the bells toll…for the new restaurant from Jose Andres at the Old Post Office. Boom.” Andres says in the video that can be seen below.