Over the past few months, Bitcoin (BTC) has been surging and it has hit a new year-to-date high surpassing the $9,000 level for the second time in 2019, a feat that has left investors looking at the $10,000 mark. Bitcoin Rallying Bitcoin is 151% up year-to-date and the rallying of the most popular cryptocurrency has
Month: June 2019
Share to facebook Share to twitter Share to linkedin If you are buying multifamily real estate, you need to assemble the right team of industry professionals to maximize your investment. Calling in favors and utilizing family friends to satisfy the positions you need is not an ideal tactic for early stage investors entering the multifamily
A contractor stacks roofing materials while working on a home under construction at the Toll Brothers Bowes Creek Country Club community in Elgin, Illinois. Daniel Acker | Bloomberg | Getty Images The nation’s homebuilders reported solid confidence in the housing market in June, but levels dropped slightly due to concerns over trade issues, the high
A man takes a photo of new Google products on display during the Google I/O conference at Shoreline Amphitheatre in Mountain View, California on May 7, 2019. Josh Edelson | AFP | Getty Images Not all FAANG stocks will survive and thrive in regulators’ battle to breakup big tech, according to Needham. Given an overall
Bitcoin rose above $9,000 over the weekend, taking cumulative year-to-date gains to more than 150 percent. The leading cryptocurrency by market value clocked a 13-month high of $9,391 on Bitstamp on Sunday and was last seen trading at $9,200, representing 22 percent gains on last Monday’s low of $7,524. Cryptocurrency market experts and investors are
Amid a continuing population surge, local government sales tax allocations in Texas for June rose more than 10% over the same month last year to $782.1 million, state Comptroller Glenn Hegar said. Cities, counties and special districts such as hospital districts and municipal utility districts rely on sales taxes along with property taxes for their
Russian hackers, not North Korean, may be the bad actors behind probably the biggest ever theft from a cryptocurrency exchange. Japanese newspaper Asahi Shimbun reports Monday that virus variants known to be linked to Russian hackers have been found on employee computers at the Tokyo-based Coincheck exchange. Coincheck suffered a breach in January 2018 that resulted
Check out the companies making headlines before the bell: Pfizer – The drugmaker is buying Array Biopharma for $48 per share in cash, or $11.4 billion, including debt. That’s a 62% premium over Array’s Friday close. Array specializes in treatments for diseases where there is a large unmet need, as well as cancer drugs. Boeing
In April, cryptocurrency exchange Coinbase launched its Visa Coinbase debit card in the UK. Coinbase has announced that, as of Wednesday, it will be launching the Visa debit card in France, Spain, Germany, the Netherlands, Italy, and Ireland. Coinbase Debit Card Showing Strong Adoption The debit card allows Coinbase account holders to use digital currencies
Selling a home can be an emotional, and sometimes overwhelming, experience for many people. It is a complex, multistep process that involves a lot of significant decision-making. This is why hiring the right real estate agent is one of the first and most important decisions most sellers make. According to the National Association of Realtors,
Israeli Prime Minister Benjamin Netanyahu speaks during a ceremony to unveil a sign for a new community named after U.S. President Donald Trump, in the Israeli-occupied Golan Heights June 16, 2019. REUTERS/Ammar Awad Ammar Awad | Reuters Israeli Prime Minister Benjamin Netanyahu on Sunday sent President Donald Trump a token of his gratitude for supporting
Picture of a cup of coffee at a Luckin Coffee location. Fred Dufour | AFP | Getty Images Beijing-based coffee chain Luckin Coffee is catching the eye of Wall Street analysts who are hoping the newly public company’s technology-driven business model will fuel growth in an underpenetrated coffee market in China. Luckin, which is the
Michigan’s attorney general dismissed all pending criminal cases related to the Flint water crisis, two of which were against former state-appointed city emergency managers. Solicitor General Fadwa Hammoud and the special prosecutor, Kym Worthy, made the announcement Thursday that all pending criminal cases brought by the former Office of Special Counsel had been dismissed without
The price of bitcoin (BTC) hit a 13-month high above $9,300 on Sunday. The leading cryptocurrency by market capitalization rose to $9,325 at 05:45 UTC – the highest price since May 10, 2018, according to CoinDesk’s Bitcoin Price Index. BTC was last seen trading at $9,295, representing 6 percent gains on the day. On a
Federal Reserve Chairman Jerome Powell holds a press conference following a two day Federal Open Market Committee policy meeting in Washington, U.S., January 30, 2019. Leah Millis | Reuters Even with President Trump and the markets calling for lower interest rates, the Fed is not likely to make a move when it meets next week
According to French financial publication Les Échos, software giant Ubisoft is exploring potential blockchain applications in gaming. The move to blockchain is said to give the gaming firm a competitive edge in the gaming world. Ubisoft Blockchain Applications in Gaming Ubisoft has allegedly been exploring blockchain applications for months under the radar. And now it has
America should finish a job it started more than four decades ago: rebuild China. Help Beijing open up its economy to the rest of the world and bring prosperity to its people, that is. There was time China was a closed economy, experimenting with different socialist roads to prosperity. That was back in the 1950s,
A home mortgage sign on a Wells Fargo branch in Brooklyn, New York. Getty Images The mortgage application numbers this week just put an exclamation point on an already positive trend for mortgage lenders. Consumer demand for mortgages, both to purchase a home and to refinance, is way up, thanks to falling interest rates. Now lender
Broadcom CEO Hock Tan is paying the price for misjudging President Donald Trump‘s resolve to “bring the Chinese to their knees,” CNBC’s Jim Cramer said Friday. Trump feels he has to “sacrifice Broadcom on the alter of Huawei” to humble China in trade negotiations, Cramer argued. Last year, Broadcom received about $900 million in revenue
Another big week lies in store for the municipal bond market as 2018’s top issuer gets set to hit the market with $1.6 billion of new supply. Overall, IHS Markit Ipreo forecasts weekly bond volume will hit $6.19 billion, down from a revised total of $9.9 billion in the prior week, according to updated data
Traders work on the floor of the Exchange ahead of the Blue Apron IPO on the New York Stock Exchange in New York, June 29, 2017 Lucas Jackson | Reuters Check out the companies making headlines midday Friday: Broadcom — Broadcom shares dropped more than 6% after the chipmaker reported weaker-than-forecast quarterly revenue and cut
Ethereum (ETH) and the crypto market have today seen a sudden surge in buying pressure, allowing them to continue with the upward momentum that has been exhibited in the last few months. Analysts believe that Ethereum will continue with the upward trend in the near term and could outperform Bitcoin in the long term because
Binance.com, the world’s largest cryptocurrency exchange, is revamping its internal policies and cracking down on wayward users. The Malta-based exchange announced Friday morning that it was reviewing user accounts to ensure they follow Binance’s terms of use and know-your-customer (KYC) procedures and will remove deposit and trading permissions for anyone in violation of its policies.
From communicating with tenants to staying on top of repairs, property management requires commitment and patience. When done right, it can be a wise and rewarding investment. However, as in every industry, mistakes happen—and they can end up seriously costing you. To find out more, we asked a panel of Forbes Real Estate Council members to share
Andrew Hetherington | Getty Images If you want to bring your home utility costs down, you may want to double-check your energy efficiency. If your air conditioner isn’t the right size, or your home does not have proper insulation or you still use incandescent lighting, you could be unwittingly ramping up your energy costs. The
Actor/producer Brad Pitt accepts the PGA Visionary Award during the 26th Annual Producers Guild Of America Awards last January in Los Angeles. Getty Images Hollywood star Brad Pitt, Steve Job’s widow Laurene Powell Jobs and UK-based stock-picker Neil Woodford are all reportedly investing in a little known “cold fusion company,” the Financial Times said on
View Bitcoin has rallied more than 9 percent in the last nine days, but on low volumes – a sign of low investor confidence. As a result, the gains could be short lived. The bearish volume divergence indicates BTC could dive out of a “rising wedge” bearish reversal pattern seen on the 4-hour chart. A
CHICAGO — Local Illinois governments came out on the winning side in the new state budget, capital package, gambling expansion, and legalization of recreational cannabis adopted during a whirlwind 2019 spring legislative session. That’s the general assessment from Moody’s Investors Service, though it comes with some caveats, as the rating company calls gambling and cannabis-related
Check out the companies making headlines before the bell: Chewy – Chewy will debut on Wall Street today after pricing its initial public offering at $22 per share, above the expected range. It also sold more stock than originally planned. Chewy parent PetSmart will receive almost $900 million from the stock sale. Broadcom – Broadcom
Opacity focuses on privacy, security, and a familiar user experience. SAN FRANCISCO, CA, June 5, 2019 — Opacity Storage, a cryptographic file storage company, today announced the release of Opacity v1.0. The new product provides anonymous online file storage utilizing a crypto token payment system and a user friendly interface. No personal data such as
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