View Bitcoin is on the defensive, having closed below $8,000 last week. The price has also established a bearish lower high at $8,135. A short-term bullish-to-bearish trend change, however, would be confirmed if the price drops below $7,432 (June 4 low), establishing a lower low. With the weekly chart reporting a bearish candlestick pattern, a
Month: June 2019
As a commercial real estate professional, my client base is largely made up of business owners who lease office space. At any given time, I am working with some who are opening new offices and some who are relocating existing offices. So, it’s no surprise that my conversations usually revolve around their concerns and how
May’s overall job growth disappointed, but there were pockets of strength with strong hiring in the health care, computer and digital design and food service industries. The Labor Department’s Friday report on the employment situation also showed a decline in retail positions while manufacturing continued to added to a string of lackluster prints. CNBC studied
View BTC risks falling below $8,000 in the short-term, having created a doji candle last week. Below $8,000, the focus would shift to the 30-day moving average, currently at $7,643, which has a penchant for reversing price pullbacks. The outlook as per the daily chart would turn bearish if the price sees a UTC close
After months of lamenting about the lack of supply, municipal investors will get their wish this week as nearly $10 billion of new volume will cure some of the pent-up demand. IHS Markit Ipreo forecasts weekly bond volume will increase to $9.9 billion from a revised total of $6.4 billion in the prior week, according
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images Check out the companies making headlines midday Friday: Beyond Meat — Shares of Beyond Meat popped a whooping 30% after the maker of plant-based meat substitutes exceeded expectations in its first quarterly report since its initial
Bitcoin miners in China are increasingly looking for diversification out of the country because of the anticipated crypto mining ban, the Chinese government’s thoughtful position regarding cryptocurrency, and the increasing pressure from the ongoing trade war with the US. Squire Mining to Host 41,000 ASICs Canadian-based blockchain firm Squire Mining, a leading miner in the
Binance, the top crypto exchange by adjusted trading volume, has confirmed it will soon issue its own stablecoins. In a phone interview with Bloomberg, Binance’s chief financial officer, Wei Zhou, said the first stablecoin will be launched on the platform “in a matter of weeks to a month or two.” According to Zhou, the token
Antique USA map close-up detail: Los Angeles, California Getty Long before the last Los Angeles real estate bubble when real, inflation-adjusted house prices nearly tripled from 1997 to 2006 but then fell nearly in half by 2011… And long before the S&L bubble when real Los Angeles house prices fell over 40% from the peak
25 Mins Ago Two giant real estate deals were announced in New York City, sparking hope of a potential rebound in luxury Manhattan real estate but a closer look reveals there may be trouble on the horizon. Cody Vichinsky, co-founder of luxury broker Bespoke Real Estate, joins “Squawk Box” to discuss.
Since last decade, NASA has turned repeatedly to Colorado companies to produce the technology it needs to not only send astronauts on new lunar missions but also to Mars and into the depths of space. Above, the International Space Station. NASA | Getty Images National Aeronautics and Space Administration is opening the International Space Station
Bitcoin is again feeling the pull of gravity amid a rally in gold – a classic safe haven asset. The premiere cryptocurrency topped out at highs near $9,100 on May 30 to hit a 2.5-week low of $7,432 on June 4. The pullback was expected as technical charts were reporting bullish exhaustion. After all, the
The U.S. Virgin Islands Water and Power Authority is seeking to raise electric rates to almost four times the national average as it struggles to resolve a mounting list of crises. The sole provider of electricity and water to the Virgin Islands is faced with a threatened cut-off of fuel from an unpaid supplier, an
Stocks have been rallying hard on the idea the Federal Reserve will cut interest rates soon, but at some point the market needs to see progress on the trade wars and economic weakness that are bothering the Fed. Friday’s surprisingly soft May jobs report showed just 75,000 jobs created, 100,000 less than expected. That immediately
In the crypto space, it’s not uncommon to see a crypto wallet get hacked. It’s unfortunate, of course, but not unusual. And the latest crypto wallet hack came this week. On Thursday, GateHub said more than 100 customers have had their ledger wallets hacked, resulting in their funds being stolen. Here’s everything we know. GateHub
Bitcoin trading volume on the largest US-based cryptocurrency exchange, Coinbase, hit the highest amount seen in 14 months in May. During the month of May, Coinbase facilitated the trade of 738,959.42 BTC — worth approximately $5.9 billion at current market prices — according to data from Bitcoinity. This development marks the exchange’s highest level of
Barcelona, Spain Wikipedia Last month the regional government of Catalonia approved a controversial decree law to regulate the housing rental market. In order to address the rising price of rent, the measure introduces rent controls through an official reference index in those neighborhoods where rental prices are considered disproportionate or where there is a high demand
David Umanzor is an Uber driver in Washington, D.C. Part of the time he’s driving, he’s scouting properties for an investor, Daniel DiGiacomo, who has been flipping homes for a decade, but has never seen the market this tough. “With the prices as high as they are now, the margins on our flips are pretty
President Donald Trump tours the area around the U.S.-Mexico border wall in Calexico, California, U.S., April 5, 2019. Kevin Lemarque | Reuters First, China. Now, Mexico. And Wall Street analysts scrambling to quantify the impact of tariffs on the companies they cover are beginning to feel like its Groundhog day. President Donald Trump opened a
View Bitcoin has bounced back to $8,000, forming a double bottom breakout – a bullish price pattern – on the 4-hour chart. The price breakout has opened the doors to $8,400. On the way higher, BTC may face resistance at $8,350. A rally to $8,350, if any, could be short-lived if trading volumes remain low.
In the wee hours Thursday morning, Connecticut Gov. Ned Lamont closed the General Assembly’s five-month regular session. “I hope it didn’t take too much of a toll on you,” he said, pun intended. “Which reminds me, we have a little bit of unfinished business.” Gov. Ned Lamont said a tolling package is necessary to fix
Check out the companies making headlines after the bell: Shares of Beyond Meat soared 14% in extended trading on Thursday after the plant-based alternative meat company reported its first quarterly report since going public. The company reported revenue of $40.2 million, surpassing the expected $38.9 million, and earnings of 14 cents per share. The company
According to a Bitwise report, there is foul play in the crypto industry because it is unregulated, which makes exchanges culpable to manipulation as some even inflate their trading volumes. The Bitwise researchers have discovered that up to 95% of trading volumes are fraudulent. This is where Ripple steps in. Ripple Working to Enhance Accuracy
Crypto exchange Poloniex revealed in a post Thursday that lenders in its bitcoin margin lending pool suffered a loss of 1800 BTC — roughly $13.5 million at current market prices — due to a flash crash in the Clams (CLAM) market on May 26. Poloniex’s peer-to-peer margin system includes both lenders and borrowers, the lenders
Ken SalazThe Eternal Now, Saint Mary’s LakeOil on canvas 30 inches by 40 inches Rehs Contemporary The setting sun’s multi-faceted reflection on the water draws the viewer into the sweeping landscape of The Eternal Now, Saint Mary’s Lake, as if s/he were wandering toward the mountains, peering into the sky, and soaking in an awe-inspiring moment in
The White House has invited some of President Donald Trump’s key allies in the business world to an event later this month in Bahrain intended to kick-start the administration’s long-awaited Middle East peace plan. The meeting is part of Trump’s effort to strike the “deal of the century” for Israeli-Palestinian peace. The Bahrain gathering will
The SEC this week voted to approve a financial investment reform package. Known as “Regulation Best Interest” or “Reg BI,” the package is intended to strengthen protections for investors by requiring financial advisors and in particular broker-dealers to disclose conflicts of interest. Does it provide more protection for investors than previous rules? It depends on
View Bitcoin is struggling to produce a stronger price bounce, despite the defense of the 4-hour chart’s 200-candle moving average – a sign of buyer exhaustion. A bear flag breakdown on the 4-hour chart, if confirmed, would open the doors to levels below $7,000. The daily chart continues to call a move lower to the
The Government Finance Officers Association presented awards for excellence in financial reporting to New York City Comptroller Scott Stringer on Wednesday. The awards were presented at the comptroller’s annual closing and accounting seminar at Police Plaza in Manhattan by Dawn Donovan, Town of Eastchester Comptroller and GFOA board member. The GFOA’s certificate of excellence in
Tom Reilly, chief executive officer of Cloudera Inc., stands during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines after the bell: Cloudera stock plummeted more than 30% after the cloud software
- « Previous Page
- 1
- …
- 4
- 5
- 6
- 7
- 8
- Next Page »