The world’s largest cryptocurrency exchange by trading volume, Binance, has given traders another reason to flock to its platform. Binance now accepts credit cards. Who’d have thought it!? Users can now buy cryptocurrencies using their Visa or MasterCard credit cards. This is no doubt going to please a lot of traders. Let’s check it out. Binance Accepts
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Super-wealthy investors are making some changes to their portfolios for 2019. They are increasing their cash holdings and reducing their equity exposure. They are also cutting back on some of their real estate investments and finding a “short-term solution” in fixed income, according to Michael Sonnenfeldt, founder of investment club Tiger 21. “There’s a lot
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Virgin Trains USA, the new identity of Florida’s Brightline private passenger rail project, launched its initial public offering on Wednesday to finance the continued expansion of the system. The announcement kicks off underwriters’ road show presentations about the IPO in a deal that will issue 28.3 million shares of common stock at $17 and $19
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The rise in virtual doorman apps are making life a lot easier for those living in non-service buildings.Getty Missed package deliveries and broken entryway buzzers have been universal problems for New Yorkers who don’t have a doorman for ages. Thanks to some clever new tech ventures, however, relief is spreading throughout the Big Apple’s non-service buildings. The
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View Bitcoin’s minor recovery rally from six-week lows could be extended further to levels above $3,500 as back-to-back long-tailed daily candles are indicating a lack of conviction among sellers, despite Monday’s high-volume range breakdown. A break above the downward sloping 10-day MA of $3,511 would expose the crucial resistance of $3,658 (the high of Saturday’s
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A popular instrument used to manage exposure to volatility is going away as investors face a number of potentially market-rattling uncertainties, even if a late-2018 rout for stocks has given way to a state of more recent calm. The exchange-traded iPath S&P 500 Vix Short-Term Futures ETN, which trades under the ticker VXX US:VXX is
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WASHINGTON — Dealers who sell interests in 529 plans can avoid supervisory rule violation fines under a new Financial Industry Regulatory Authority enforcement initiative that is reminding market participants of a sweeping Securities and Exchange Commission program from years ago. FINRA launched the 529 Plan Share Class Initiative this week to encourage broker-dealers to review
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Home values increased 5.2 percent annually in November, down from 5.3 percent in October, according to the widely-watched S&P CoreLogic Case-Shiller National Home Price Index. The 10-city composite annual increase also fell to 4.3 percent, down from 4.7 percent in the previous month. The 20-city Composite saw a 4.7 percent annual gain, down from 5.0
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One of the most common assertions made against Environmental, Social and Governance (“ESG”) and other types of Responsible Investments (“RI”) is that, while it may be good for your conscience, it isn’t good for your wallet. Over the years, everyone from pension-fund gurus to high-powered billion-dollar asset managers have weighed in with the same pessimistic
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Puerto Rico Secretary of the Treasury Teresita Fuentes resigned Friday six months after assuming the post. Fuentes said her resignation was effective immediately. Teresita Fuentes, who assumed the position in August, announced her immediate resignation as Puerto Rico’s treasury secretary. Government of Puerto Rico She thanked Gov. Ricardo Rosselló for being allowed to serve in
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Check out the companies making headlines after the bell: Shares of Whirlpool fell nearly 7 percent Monday after missing on fourth-quarter revenue and giving weak full-year earnings guidance. The home appliance company posted mixed earnings with $5.66 billion in revenue, compared to the $5.76 billion estimated by Wall Street. Earnings per share were $4.75, beating
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Kik, a Canadian-based cryptocurrency social media startup, has warned the SEC that it would fight back against alleged securities infractions. As first reported by the Wall Street Journal, Kik is fighting back regarding its 2017 initial coin offering (ICO). Kik Fights Back During its ICO, the Canadian-based app company raised almost $100 million in ‘kin’
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