Binance Coin (BNB), the crypto asset that can be exchanged for transaction fees on the Binance exchange, is up more than 140 percent year to date and is now deviating from bitcoin’s price trend – a feat not commonly observed in the nascent crypto markets. While the reasons that most cryptocurrencies are highly correlated to bitcoin are
Check out the companies making headlines after the bell: American Eagle Outfitters shares fell more than 4 percent after hours Wednesday based on mixed fourth-quarter earnings and light first-quarter guidance. The retailer posted $1.24 billion in revenue, missing Refinitiv estimates of $1.26 billion. Earnings per share were 43 cents, topping estimates of 42 cents. The
Crypto news has been fairly slow this week, minus a few major announcements. Huobi Global just announced support for XRP. Another piece of news that should excite investors is IBM releasing its new X-Force Red. Huobi Adds XRP to OTC Trading Desk #Huobi OTC #announcement is now here!$XRP @Ripple will launch on #Huobi #OTC at
Marigay McKeeDavid Vaughn Marigay McKee has been influential in the fashion world for decades. After her tenure at Harrods, where she rose to Chief Marketing Officer, and her three years as President of Saks, McKee decided to start her own consulting business. “As a consultant and investor one speaks less and listens more, which is
A slight rise in interest rates caused a pullback in mortgage demand last week. Total application volume fell 2.5 percent week to week, according to a seasonally adjusted index from the Mortgage Bankers Association. Volume was 2 percent lower compared with the same week one year ago. Purchase demand fell 3 percent for the week,
View Bitcoin has erased losses seen on Monday with a strong bounce from the bullish 5-week moving average (MA) support of $3,703. That has raised the odds of a rally to the psychological hurdle of $4,000. A bull flag breakout on the hourly chart also shows scope for a rise to $4,040 (target as per
Ohio Gov. Mike DeWine says his proposed 18-cent-per-gallon gasoline tax increase is the bare minimum the state needs to spend to keep roads and bridges in working order. “At this point in Ohio’s history it is time for us to invest in Ohio,” the new governor, a Republican, said in his State of the State
It’s been a good year for stocks. After a steep slide at the end of last year, the major averages have rebounded from their December lows, driven higher by a slew of strong earnings and easing geopolitical tensions. A handful of stocks have led the recovery, with names like Merck, Mastercard, Procter & Gamble, Cisco
The open-source developer group behind the dollar-pegged, ethereum-backed stablecoin DAI is considering whether higher fees could help stave off mounting liquidity issues. During the weekly developer call on Feb. 28, some token holders, including MakerDAO founder Rune Christensen, voiced concerns about whether the peg, the mechanism by which the cryptocurrency holds a stable value, can continue
Check out the companies making headlines after the bell: Shares of NIO tanked more than 8 percent in extended trading after the Chinese electric automaker released its fourth-quarter earnings results, noting a slowdown in vehicle deliveries. “Deliveries of the ES8 in January and February 2019 were 1,805 and 811 vehicle respectively, which reflect a greater
Crypto is nowhere close to being dead. Kraken’s newly acquired Crypto Facilities has seen around $1 billion traded in crypto futures already in February, according to an article released today by CoinDesk. Sui Chung, Crypto Facilities’ head of pricing products and indices, told CoinDesk that futures trades have grown more than 500% since Kraken acquired the
This is an aerial view of the Serenbe community.Photo courtesy of Serenbe. Several years ago I had the great opportunity to tour the Serenbe community. It was pure delight to walk along the paths, lined with fruit trees and other edible plants and be among this tranquil oasis. Just 30 minutes from the local airport
New York state regulators have issued a subpoena to the insurance brokerage Aon for President Donald Trump’s company as part of a large probe into the Trump Organization’s business practices. The nine-page subpoena to Aon was issued by the New York Department of Financial Services late Monday evening, according to a source familiar with the
View The immediate outlook on bitcoin will remain neutral while prices are trapped in the range of $3,658-$3,900. A repeated failure to beat the 5-week MA support at $3,703 could invite buying pressures and yield a rally above $4,000, as that average is reporting bullish conditions for the first time since August. A UTC close
New York City Council Speaker Corey Johnson on Tuesday proposed a municipal takeover of mass-transit operations within the five boroughs from the state-run Metropolitan Transportation Authority. “State control is not working,” Johnson told an overflow crowd during his State of the City address at LaGuardia Community College in Long Island City, Queens. “State control is
The ARK Innovation ETF has blazed past the rest of the market this year. The ETF, ARKK, which targets stocks with disruptive technologies, has surged 24 percent in 2019, more than double the 11 percent return on the S&P 500. The mind behind the ETF, ARK Invest CEO and CIO Cathie Wood, says its top
Coinbase is parting ways with several employees from Neutrino following widespread criticism over the crypto exchange’s acquisition of the blockchain analytics firm. CEO Brian Armstrong announced in a blog post on Monday that Coinbase and Neutrino have decided they will let go Neutrino employees who previously worked for Hacking Team, whether or not they still have
Check out the companies making headlines after the bell: Shares of Salesforce.com fell more than 3 percent in extended trading Monday after issuing weak first-quarter revenue guidance. The software company released better-than-expected fourth-quarter earnings, posting earnings per share of 70 cents on revenues of $3.60 billion. Wall Street expected earnings per share of 55 cents
There has been quite the turn of events with the “lost” QuadrigaCX cryptocurrency case recently. The digital tokens may have just been found! The cryptocurrency exchange’s founder, Gerald Cotton, died in December 2018 from Crohn’s disease, allegedly taking $190 million in crypto with him. At the time, it was said that Cotton was the only individual to
Share to facebook Share to twitter Share to linkedin This house on Vashon Island in Washington State is 1750 SF and built with SIPs and a timber frame by FabCab architects. It was built to high levels of efficiency and certified by Built Green-3 star rating.Photo curtesy of Dale Lang for Prefabulous Small Houses published
View Bitcoin’s drop to six-day lows below $3,700 has taken the shine off the bullish “long-tailed doji” created on Feb. 27. A bearish reversal would be confirmed if prices see a UTC close below $3,658 (low of long-tailed doji) and could yield a sell-off to recent lows near $3,300. A bearish close below $3,658, however,
The municipal market is prepping for$5.84 billion of new bonds, including the biggest deal of the year thus far. As the market awaits the new paper to hit the street, Patrick Luby, Senior Municipal Strategist at CreditSights, said quiet trading last week may be more of an indicator of a lack of desirable bonds, rather
Foot Locker’s strong earnings for the holiday season could have its stock sprinting back to its all-time highs, Piper Jaffray’s Craig Johnson says. At $63.07 as of Friday’s close, shares of the athletic shoemaker are up nearly 38 percent in the last year, and almost 19 percent year to date. The stock hit a new
A technical indicator that incorporates both bitcoin’s price and trading volume is signaling the cryptocurrency may have bottomed in December. The money flow index (MFI), also known as the volume-weighted relative strength index, is used to identify buying and selling pressure and oscillates between zero to 100. A rising MFI indicates an increase in buying pressure,
Check out the companies making headlines midday Friday: Tesla — Shares of Tesla fell 7.58 percent after the company’s underwhelming announcement that it will be launching its standard Model 3. Barclays analyst Brian Johnson even called it the “un-iPhone moment.” The electric car maker also announced store closures and layoffs in an effort to reduce
VANCOUVER, B.C., March 01, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(FRA:C0B:FF), a key player Logistics & Payment Systems with Artificial Intelligence is opening their flagship digital payments division through one of its wholly-owned subsidiaries. uBUCK Technologies SEZC (“uBUCK Tech”) will be located in Tech City Cayman, a special economic zone by Cayman Enterprise
Share to facebook Share to twitter Share to linkedin McLaren driver Fernando Alonso of Spain, center, celebrates flanked by Mansour Akram Ojjeh prior to the Emirates Formula One Grand Prix at the Yas Marina racetrack in Abu Dhabi, United Arab Emirates, Sunday, Nov. 25, 2018. McLaren veteran Fernando Alonso’s will drives his last ride in
Home buyers are coming back to the market, possibly due to lower mortgage rates. Pending home sales, a measure of signed contracts to buy existing homes, increased 4.6 percent in January compared with December, according to a monthly survey from the National Association of Realtors. Contracts, however were still 2.3 percent lower compared with a
Retail holders of Puerto Rico Sales Tax Financing Corp. (COFINA) bonds are getting about 3% less than the initially expected recoveries in the COFINA restructuring, BlueList Partners President Glenn Ryhanych said. In February, COFINA swapped new bonds for old ones in the biggest municipal debt restructuring in U.S. history, in which about $17.6 billion of
Gap‘s split up is a “sobering reminder” that companies cannot “repurchase” their way to greatness,” CNBC’s Jim Cramer said Friday. The “Mad Money” host gave an exception to AutoZone‘s buyback program that was coupled with a growth story, but said it’s “pathetic” that shares of Gap gained just 5 points from $20 to $25 since