Cryptocurrency exchange Binance is hoping to boost the number of people testing its upcoming decentralized exchange (DEX) platform by giving away $100,000 in tokens. Announcing the news on Twitter on Friday, Binance CEO Changpeng “CZ” Zhao said: “To test the hell out of @Binance_DEX, we are giving away roughly $100,000 USD equivalent, in REAL $BNB, as reward
The Atlanta Fed’s GDPNow initial model estimate shows negligible growth for the first quarter of just 0.3 percent. The Atlanta Fed notes that the initial estimate of fourth quarter real GDP growth, released Thursday, was 2.6 percent, or 0.8 percentage points above its final GDPNow model forecast that it released on Wednesday. The report, which
The cryptocurrency world is noticing TRON. The blockchain network is developing a host of new legitimate platforms on its protocol. Now, notorious crypto enthusiast, John McAfee, loves one of the latest: TRON’s VibraVid platform. TRON’s VibraVid and Further Protocol Developments One of TRON’s most anticipated projects is BitTorrent Speed (expected in Q2 according to the website). Its purpose,
Sustainability was a major concern while building on the water. Exterior cladding of the house is fiber cement panels. The screen in the corner of the house is made of ipe wood and forms an enclosure for bicycle storage. A common dock is used to get from the floating home back to dry land. The
View Bitcoin dropped 9.3 percent yesterday on the back of high volumes, invalidating the triangle breakout witnessed last Monday. A UTC close below $3,714 today would validate Sunday’s bearish outside reversal candle and open the doors to levels below $3,400. The longer duration charts are signaling bearish exhaustion, however, and any drop to $3,400 or below
Moody’s Investors Service upgraded New York City’s general obligation bonds to Aa1 from Aa2 Friday. Moody’s said the upgrade, which affects about $38 billion of GO debt, “reflects continued strengthening and diversification of New York City’s economy, reducing its reliance on volatile financial services. The city’s competitive advantages include a young and highly skilled labor
CNBC’s Jim Cramer on Friday said Norwegian Cruise Line Holdings has caught his attention as a top performer with strong guidance in 2019. The “Mad Money” host said the company stands out because it’s the biggest winner in the cruise line category and the stock has risen 40 percent so far this year. The industry
Ernst and Young (EY), the court-appointed monitor for QuadrigaCX, has finally provided blockchain addresses for the ailing crypto exchange’s cold, or offline, bitcoin wallets. And aside from $400,000 worth of bitcoin that was accidentally sent to the cold wallets in early February, they are empty, meaning $100 million of the cryptocurrency is still missing. EY released
Job growth has remained vibrant despite the slow-growing economy, and that’s a trend investors are anxious to see confirmed in the February employment report on Friday. Even with some economists expecting growth around 1 percent for the first quarter, the labor market has been strong, and economists expect to see 185,000 jobs added in February.
Lawmakers in California have introduced a new bill geared towards cannabis companies. Assembly Bill 953 was introduced on February 21st. This new piece of legislation would allow cannabis-related businesses to pay taxes and fees in digital currency—more specifically, in stablecoins. Assembly Bill 953 If passed, Assembly Bill 953 would allow all California-based tax offices (state, city, and
Group of young business people in smart casual wear working together in creative office photo credit: GettyGetty A few days ago, this Times article came out, causing quite a stir. All sorts of speculation was flung about. Are co-working providers now soliciting investment from buy-to-let landlords? Is this going to fuel a bubble? Will hapless investors
New York City‘s deputy mayor for housing and economic development, Alicia Glen, told CNBC on Friday, her last day in office, that she’d like to see more women running big companies — and if that were the case, deals like the now-scuttled Amazon headquarters plans for Queens might have different outcomes. “Maybe if there weren’t
View Bitcoin’s retreat from highs near $3,900 seen yesterday has poured cold water over the bull mood generated by Wednesday’s quick recovery from lows near $3,650. Therefore, the immediate outlook is neutral. A UTC close above $3,897 (previous day’s high) would validate Wednesday’s long-tailed candle and open the doors to re-test of the last week’s
Longtime municipal strategist Stephen Winterstein will leave the research side of the municipal and fixed income market to assume a newly-created role as municipal bond client sales and product manager at Market Axess, the firm confirmed. Winterstein, most recently managing director of research and chief municipal fixed income strategist at Wilmington Trust Investment Advisors, Inc.,
Here’s the biggest calls of the day that we’re watching: ‘”The stream of global macro data points have been less encouraging of late suggesting to us that the industry risks are now more biased to the downside… That said, we are finding it more difficult to advocate “new money” positions in names with the most
With February’s crypto market activity now etched in the record books, signs are emerging that a long crypto winter may be close to an end. The total market value of all cryptocurrencies jumped 14.14 percent over the 28-day period – the first monthly gain since July, according to CoinMarketCap, largely due to signs of life in
Check out the companies making headlines after the bell: Shares of Gap surged more than 20 percent after market close on Thursday based on news that the clothing company will split into two publicly traded companies, with Old Navy on its own. The other entity, not yet named, will include Gap, Athleta, Intermix, Banana Republic,
There have been Facebook coin rumors for months in the crypto community and today, the New York Times stirred them up again. According to the New York Times report, Facebook is currently working on its own digital currency to integrate into its messaging services. Facebook Coin Rumors A few months ago, Bloomberg released an article about
Puglia’s ancient vines define its landscape.Lana Bortolot Remote, rugged, rural and not as sexy as its Italian counterparts in Sicily, Rome or Florence, Puglia has been somewhat of a wallflower. But perhaps not for much longer. A recent real estate story in the New York Times featured a one-story villa compound outside San Vito dei
Millennial homeowners have a bad case of buyer’s remorse, according to a new survey. Nearly two thirds, or 63 percent, of millennial homeowners surveyed by Bankrate.com said they had regrets about buying. That is more than any other age group, defined in the survey as people aged 23 to 38, and nearly double the regret
View Bitcoin could end the five-year March losing streak with solid gains if resistance at $4,190 (high of last week’s inverted bullish hammer) is convincingly scaled in the next week or two. The cryptocurrency reinforced a bullish triangle breakout witnessed last week with a quick recovery from sub-$3,700 levels yesterday. This “buy the dip” mentality
Minnesota trimmed about $500 million off its previously projected $1.5 billion surplus in its annual February revenue forecast, putting a damper on some of the new spending and bonding proposed by Gov. Tim Walz. “Minnesota’s budget and economic outlook has weakened since November” when the last formal forecast was published, according to Minnesota Management and
General Electric CEO Larry Culp has simplified the company’s report techniques and could be on the right path to fix the challenges in its power division, CNBC’s Jim Cramer said Wednesday. Culp, who became chief of GE in September, delivered his first annual letter to shareholders on Tuesday that Cramer said made a significant departure
A cryptocurrency project that appears to have raised at least $20 million through a referral-based marketing scheme has been advertising false information about its team members, a CoinDesk investigation has found. Launched on Dec. 2, BHB claims to offer an ethereum-based solution for peer-to-peer lending, but by Jan. 18, local media reports were already accusing the
Federal Reserve Chairman Jerome Powell sidestepped a verbal hand grenade in his Congressional testimony on Tuesday. Sen. John Kennedy, R-LA, asked Powell where he stood on recent trial balloons to restrict the ability of corporations to buy back stock. Powell reflected for a moment and said that the allocation of capital has always been left
Check out the companies making headlines after the bell: L Brands shares fell more than 8 percent in extended trading after posting mixed fourth-quarter earnings and weak full-year guidance. The retail company posted $4.85 billion in revenue, compared to the $4.88 billion forecast by analysts. Earnings per share were $2.14, beating Wall Street’s expectation of
JPMorgan Chase held their annual investor day yesterday. The company’s CEO, Jamie Dimon, was involved in a question-and-answer session and answered a few questions about the bank’s latest venture, the JPM Coin. The world’s first bank coin was originally meant for cross-border remittances, but it seems the bank may have other ideas for it down
Photocredit: GettyGetty When you go to apply for a mortgage, your lender will look at a handful of different factors that make up your financial situation. One factor that has a huge impact is your debt-to-income ratio. Below, we’ll take an in-depth look at what a debt-to-income ratio is, how it’s used, and how to improve
The supply of homes for sale is finally rising, but fewer buyers are able to afford these homes. That could result in a much slower spring market. Spring is usually the high season for housing, but high home prices have been taking their toll for months. The numbers point to potential trouble ahead. The median
Apple co-founder Steve Wozniak has spoken out about Bitcoin in a revelation that many would consider bullish in sentiment. Wozniak, in an interview with Bloomberg, has said of the coin that “we’ve seen massive value creation.” He also puts most of the market volatility down to fear-mongering and psychology. Apple’s Steve Wozniak The co-founder of Apple