View Bitcoin appears on track to snap its six-month losing streak and close February in the green for the fifth consecutive year. BTC may remain better bid in March, as the weekly chart is signaling bearish exhaustion. The short-term outlook remains bullish, with BTC holding above $3,714 and a bounce from 10-candle MA on the
A Securities and Exchange Commission settlement approved by the Oyster Bay, New York, Town Board does not require the town to pay any fines. Oyster Bay faced a November 2017 SEC lawsuit alleging it and former Town Supervisor John Venditto defrauded investors by hiding the existence and potential impact of side deals with a local
As the world learns more and more about how the world will operate with 5G, Cisco is one stock that investors should get their hands on, CNBC’s Jim Cramer said on Tuesday. The “Mad Money” host said while the Cisco stock is still cheap, selling for 15 times earnings and offering a 2.7 percent yield,
Ether price volatility could spike in the days ahead, courtesy of an upcoming ethereum upgrade scheduled for Thursday. The Constantinople hard fork, a planned two-part upgrade to the world’s second-largest cryptocurrency, is scheduled to occur once block 7,280,000 on the ethereum blockchain is mined. At the time of writing, ether’s block height is 7,272,826, meaning the
Check out the companies making headlines after the bell: After being halted for volatility, Weight Watchers shares cratered as much as 28 percent after hours Tuesday after posting dismal fourth-quarter earnings and weak full-year guidance. Missing on the top and bottom lines, the weight-loss and wellness company earned $330 million in revenue, missing Refinitiv estimates
It says a lot for cryptocurrency everywhere that one of the biggest phone brands in the world has added support for digital assets in its latest release. Samsung’s new Galaxy S10 series has done just that, with a built-in wallet function for Bitcoin, Ethereum, and two other altcoins. Samsung Galaxy S10 Supports Crypto A Samsung official
This new home on Six Pole Highway in Sag Harbor, N.Y., comes with two electric car charging stations in the heated garage.Douglas Elliman Real Estate When Zachary Tunick began constructing his newest home in Sag Harbor, he made sure to add the requisite amenities: Carrera marble counters in the chef’s kitchen, a master suite with
Home Depot‘s stock was shaken up for missing Wall Street estimates in the last quarter and it created a good opportunity for investors to buy, CNBC’s Jim Cramer said Tuesday. While the home improvement company came up short in earnings and revenue in its fourth quarter report before the bell and gave a weaker-than-expected forecast
View Bitcoin’s defense of $3,700 is encouraging, but a positive follow-through is needed soon to invalidate a bear flag pattern that has developed on the hourly chart. A UTC close below $3,714 would validate Sunday’s bearish outside reversal candle and confirm a bullish-to-bearish trend change. The probability of BTC closing today below $3,714 would rise
It has been raining in Nashville. I don’t mean a little rain, I mean 13.47 inches of rain through Feb. 23, a mere 3 inches shy of the record monthly rainfall we received in 2010, which unfortunately flooded my home and many others in the area. Needless to say, I’ve been more than a little
The College of New Rochelle is on the brink of closure after staff cuts, asset sales and a refinancing failed to alleviate a debt crunch. The 115-year old Catholic school in New York’s Westchester County said Friday that “cash flow challenges” probably will force an end of operations by the end of this summer. The
Caterpillar shares fell on Tuesday after UBS double downgraded the shares, citing slowing global construction demand. UBS downgraded Caterpillar from buy all the way to sell and lowered its 12-month price target to $125 from $154 a shares. Caterpillar shares dropped 3.5 percent in premarket trading to $136.45. “We believe 55 percent of CAT’s end
The number of short bets placed against the price of bitcoin on at least one notable exchange declined to their lowest total in 11 months on Sunday. Data from Bitfinex shows that bitcoin’s 8 percent drop in price on Sunday was accompanied by a 12 percent drop in the notional value of open short positions,
Check out the companies making headlines after the bell: Etsy shares surged as much as 12 percent after hours Monday based on strong fourth-quarter earnings. Beating on the top and bottom lines, the e-commerce company posted earnings per share of 32 cents on revenues of $200 million. Wall Street forecast earnings per share of 21
TRON’s CEO Justin Sun announced that his platform will be adding a group of upgrades this week. A TRON hard fork will take place on February 28th and will add four new features. #TRON will launch 3.5 hard fork upgrade on 2/28. New Features: 1. multi-sig and acct mng, institution ready 2. Dynamic energy adjustment
Compass agent McKenzie Ryan curates her Instagram feed with photos of NYC neighborhoods and landmarks.Kimani Calliste When it comes to social media marketing for real estate, which is driven by images and personalities, Instagram has emerged a key platform. Here, a few New York City brokers with four- and five-digit followings share how they use
Mortgage application volume increased 3.6 percent last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Applications to purchase a home increased 2 percent for the week — the first uptick in a month — a sign of optimism in the housing market. “After four consecutive declines, purchase applications increased
Bitfinex has announced that some of the bitcoin stolen in a major 2016 hack has been returned by the U.S. government. In a blog post published Monday, the exchange said that 27.66270285 BTC – worth just over $104,000 at time of writing – have been received from the U.S. government, and come as the result of
Municipal bonds remained strong on Monday as a Wisconsin school district sold bonds in the primary market. The demand component of the muni market continues to drive firm prices, a New York trader said on Monday, adding that rich relative value fundamentals in the front half of the curve have not been deterring cash from
Warren Buffett said Monday that Berkshire Hathaway paid too much for Kraft, noting he might have misjudged certain aspects about the company. “I was wrong in a couple of ways about Kraft Heinz,” Buffett told CNBC’s Becky Quick on “Squawk Box.” “We overpaid for Kraft.” “It’s still a wonderful business in that it uses about
A lagging indicator has turned bearish for the first time in four years, suggesting bitcoin’s price may have bottomed out and that a new bull run could begin this year. As of press time, bitcoin’s 50-week moving average has dropped below the 100-week MA, confirming a bearish crossover – the first since April 2015. Long-term
Check out the companies making headlines before the bell: AutoNation – The car retailer reported adjusted quarterly profit of $1.10 per share, 4 cents a share shy of estimates. Revenue also came in below analysts’ forecasts. Separately, the company announced that CEO Mike Jackson will step down March 11 and become executive chairman. He’ll be
Bitcoin ETFs are a hot topic with the US regulators. The Securities and Exchange Commission, in particular, has been expected to approve some of the applications for some time now, but it looks like they are trying to avoid it at all costs. Furthermore, most of the applications have been either denied or completely ignored
Designed by Jodi Berger.JLA Designs There is nothing quite like the eye of an interior designer. Having a professional choose furniture or design a room will always elevate it. This isn’t just about knowing what pieces coordinate best, which finishes to choose or what the latest trends are, but how to put it all together. I
U.S. home sales fell in January to their lowest level in more than three years and house prices rose only modestly, suggesting a further loss of momentum in the housing market. The National Association of Realtors said on Thursday existing home sales dropped 1.2 percent to a seasonally adjusted annual rate of 4.94 million units
The San Diego County Water Authority’s long-time general manager, Maureen Stapleton, informed the agency’s board this week that she will be retiring. Sandy Kerl, who has been the authority’s deputy general manager since 2009, will serve as acting general manager, while the 24-member water wholesaler conducts a search. Maureen Stapleton has headed the San Diego
A leading Wall Street firm predicts global interest rates could fall to three year lows this year — to about 1 percent. According to Medley Global Advisors’ Ben Emons, the scenario is becoming more likely because inflation is very subdued. “With all this shock that happened in the fourth quarter and energy prices falling quite
Bitcoin’s price climbed back above $4,000 on Saturday for the first time over over two months as the broader cryptocurrency market flashed green. At 18:00 UTC on Saturday, the world’s largest cryptocurrency by market capitalization surpassed the $4,000 mark to ultimately reach $4,146 – its highest price since Dec. 24 of last year, according to pricing data from CoinDesk. Bitcoin’s
Check out the companies making headlines midday Friday: Kraft Heinz — Shares of Kraft Heinz plummeted 27 percent after the company announced a $15.4 billion write down of its Kraft and Oscar Mayer brands. The company also disclosed a Securities and Exchange Commission subpoena as part of a probe into its accounting policies and cut
When QuadrigaCX’s founder Gerald Cotten died last month, he took the private keys to Quadriga’s cold storage wallets with him. The founder and CEO died from Crohn’s disease in December 2018. He was the only individual to know the private keys that could access $136 million USD in cryptocurrencies stored offline. QuadrigaCX Creditor Protection After