The cryptocurrency market has again undergone strict scrutiny after analysts and market players were shocked by the sudden jump in Bitcoin price two days back on Tuesday. The shocking spike in the price generated fear about the high volatility and risk involved in the cryptocurrency market. Investors and analysts, rather than celebrate, have become all
Month: April 2019
Mainstream news coverage of cryptocurrency is often disingenuous or factually incorrect – that’s certainly no surprise given the nascent technology is widely misunderstood. But if one would have thought that recent milestones – bitcoin’s 10th anniversary, the arrival of crypto projects from the likes of JP Morgan and Facebook – would have encouraged the media to
Young woman practicing basketball near the Venice beach in Los Angeles, California. She is having a great time, slamming the ball in the sunset hours. Getty He drives… He shoots… He scores! Here’s a question for you if you watch basketball on even a semi-consistent basis. How many times have you heard those three lines
35 Mins Ago America’s teachers are under financial pressure with student loan debt and low salaries, but one start-up is attempting to help our educators generate wealth through homeownership. Alex Lofton, co-founder and head of growth at Landed, a company offering down payment support and financial coaching to educators in the market for a home,
View Bitcoin closed the first quarter of 2017 with 10.91 percent gains – the biggest quarterly gain since the fourth quarter of 2017. While bearish exhaustion is evident, a bullish reversal above $4,236 still remains elusive. A sustained break above that level may not happen in the next few months, as the price seems to
With plenty of cash looking to go to work, investors are not loving the calendar or what small allocations they will be allotted as we draw near the end of tax season. Demand is so strong that even $6.69 billion in new volume expected next week is “underwhelming” and won’t satisfy the investor appetite, according
Nielsen, the media research firm famous for its TV ratings, is still contemplating an outright sale, fueled by continued private equity interest, according to people familiar with the matter. Advent International is working with Goldman Sachs Group on a bid, as well as Apollo Global Management, said the people, who asked not to be named
New highs for stocks? The bull narrative is winning the argument, for now. The S&P 500 is about 1.5% from an historic high, and recent data may help make a run at that record. Friday’s nonfarm payroll report, with 196,000 new jobs in March, was above expectations and will go a long way toward quelling
The worst earnings season in nearly three years is about to begin, but stock strategists say the market should be able to look right past declining profits and continue to reach for all-time highs, as long as trade talks between the U.S. and China continue to show progress. Stocks were higher in the past week,
Cryptocurrency is taking over the financial world, and crypto exchanges are taking over the jobs world. Because on LinkedIn’s Top 50 US employers list for 2019, Coinbase has ranked higher than investment banking giant JPMorgan. Now, Coinbase jobs will be in higher demand than ever before. The Perks of Coinbase Jobs Coinbase ranked at number 35
Cryptocurrency exchange Coinbase has ranked above investment banking giant JPMorgan in LinkedIn’s top 50 U.S. employers list for 2019. The networking platform for professionals published the list on Wednesday, ranking Coinbase at number 35, 9 spots ahead of JPMorgan at number 44. No other cryptocurrency or blockchain firm made the list. Coinbase has predominantly hired staff in
This panelized house is located n Westport, Connecticut. The house was designed by Sellers Lathrop Architects LLC. The panels were manufactured by Bensonwood and the house was built by The Pratley Construction, LLC. Photo courtesy of Stacy Bass Photography for Prefabulous Small House published by Taunton Press Panelized construction is on the increase in this
There is a new way to take cash out of your home with no monthly payments and no interest. It’s not a loan. It’s not a mortgage. It is a contract with an investor who wants to purchase some of your home equity in cash—but it can be costly in the end. California-based Point is
View Bitcoin’s quick drop from a 4.5-month high of $5,345 to levels below $5,000 validates the extremely overbought readings on the 14-day relative strength index. BTC could consolidate around $5,000 with a negative bias over the next day or two. A pullback back to key support levels at $4,672 and $4,565 (200-hour MA) can’t be
The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, nudged up to 3.88% from 3.87% the week before. The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields jumped nine basis points to 3.88% from 3.79% the week before. It is at
[The stream is slated to start at 6 p.m ET. Please refresh the page if you do not see a player above at that time.] J.P. Morgan Chase CEO Jamie Dimon is set to speak at the Council on Foreign Relations Thursday. The conversation will be moderated by David Rubenstein, co-founder and co-executive chairman of
Tradeweb Markets, an electronic trading platform backed by Blackstone, went public Thursday morning at $27 but opened on the Nasdaq at $34.26, a significant premium. Original price talk of 27.2 million shares at $24 to $26 was twice raised, eventually settling at 40 million shares at $27. “The IPO trend is definitely up, companies are
Companies seem to have done a lot of hiring in March, and if Friday’s jobs report is as strong as expected, it could go a long way towards reducing speculation that a recession is coming and that the Fed will have to cut interest rates to stop it. Like every jobs report, this one is
Belgium’s Financial Services and Markets Authority (FSMA) has updated its crypto blacklist. According to an official statement made today, the government body has added seven crypto trading platforms to it. Crypto Blacklist The crypto blacklist is comprised of websites and/or platforms associated with fraud or that show signs of fraudulent behavior. Effectively, these websites are known to
Bitcoin and the rest of the cryptocurrency market have started Q2 off with an emphatic bang, having at one point increased the market’s total capitalization by nearly $40 billion since the beginning of April. Indeed, bitcoin led the market-wide charge on April 2, surging over 20 percent in a single hour – a move that
Share to facebook Share to twitter Share to linkedin The new floors of the 212 5th Ave penthouse. VisualHouse Pre-war buildings bring glamour, authenticity and a lot of headaches. To make this 1912 former manufacturing warehouse into a 48-unit luxury condo building the developers had to wrestle with a steel structure that didn’t rise in straight lines and
If you’re shopping for a cheap home this spring, good luck. The median value of homes listed for sale in March hit $300,000, a new record, according to realtor.com. Home values overheated from 2016 to mid-2018, as demand outstripped supply, especially at the lower end of the market. Those gains began to shrink last summer,
The cryptocurrency market sprang back to life with bitcoin’s surge to 4.5-month highs yesterday. But why? The leading cryptocurrency by market value jumped nearly $1,000 to $5,080 in a sixty-minute window early on Tuesday, confirming a transition from a bear market to a bull market. While the bullish breakout is a welcome development following a
Municipal market analysts say that an effort to claw back fees paid for Puerto Rico general obligation bonds would be counterproductive to the commonwealth’s long-term interests. Twenty-three members of Congress sent a letter Monday to the Puerto Rico Oversight Board urging it to claw back fees paid to underwriters, bond counsel and others involved in
Tony Robbins wants to change the way you think about money and saving. His goal: to help people become financially literate. “We are taught to be consumers, not owners,” the best-selling author and entrepreneur told CNBC on Wednesday. That’s led to a crisis in savings. According to a recent BankRate survey, only 40 percent of
A U.S.-China trade deal, less bad corporate earnings or positive economic reports could all be catalysts to push stocks back to their all-time highs. The S&P 500 Wednesday was just 2 percent below its September high of 2,940, and it has regained 23 percent from its late December low. While analysts expect stocks to set
It’s been nearly six months in the making and now the US Securities and Exchange Commission (SEC) has finally published its regulatory guidelines for token issuers. Though many questions remain unanswered, crypto enthusiasts have finally got some clarity on the issue of “tokens as securities.” SEC Guidelines The SEC Guidelines focus on tokens and how
The Jamaica Stock Exchange (JSE) is soon to trial bitcoin and ether trades with help from Canadian fintech firm Blockstation. The two firms jointly announced Wednesday that they have entered into an agreement to enable live trading of digital assets including security tokens in a “regulated and secured” environment. The trial of bitcoin and ether
The Pharm Courtesy: Sunday Goods/The Pharm There is a deeply mystical air about Randy Smith. He could be meditating on his next amazing thing that he’s postulating on creating from thin air it seems. Is it real estate? Ultra-high end Cannabis? Or is it being a part of something larger, and therefore truly amazing in
The biggest one-week rate drop in a decade unleashed a run on refinances last week, although it did not especially spur spring buyers. Mortgage application volume surged 18.6 percent from the previous week and 28 percent from a year ago, according to the Mortgage Bankers Association’s seasonally adjusted index. Refinance applications jumped 39 percent for