The Jamaica Stock Exchange (JSE) will soon be offering cryptocurrencies as tradeable assets for clients. The company said Tuesday that it had signed a memorandum of understanding (MoU) with blockchain startup Blockstation for the creation of a new digital assets trading platform. While it is not clear which tokens will be initially listed, the platform
Month: August 2018
Down two-thirds from its peak of $20,000, bitcoin (BTC) now risks printing fresh 2018 lows below $5,755. The corrective rally seen over the weekend failed to penetrate a key rising trendline hurdle of $6,480 on Monday, allowing the bears to make a strong comeback. As a result, the leading cryptocurrency fell below $6,000 (February low)
Bitcoin may be losing its spark as it cracks below $6,000, according to CNBC’s Jim Cramer. “I think the tide has turned against it,” Cramer said Tuesday on CNBC’s “Squawk on the Street“. “I’m not saying its time has passed but there is a notion that the sun seems to be setting.” Bullish sentiment has
The Wing co-founders Lauren Kassan (left) and Audrey GelmanThe Wing The Wing, a private women’s club just about as old as Hillary Clinton’s loss to Donald Trump, has had a good 22 months in co-working office. 31-year-olds Audrey Gelman and Lauren Kassan founded The Wing in 2016 as a women’s only organization focused on providing
It’s not unusual: An investor five or 10 years from retirement worries the nest egg will come up short, wants a boost over the finish line but already has a typical lineup of stocks and bonds. So what else could fuel the afterburners? Would real estate do the job? True believers recommend a range of
The cryptocurrency market has been all over the place lately with its price movements, and today, most of the top 10 cryptocurrencies are in the red. Today, we’re going to track the latest Ethereum news and Stellar news. Stellar (XLM) has made a phenomenal rise on the market lately, but it seems that the world’s
It’s retail’s time to shine this earnings season with industry leaders Walmart, Nordstrom and Home Depot each set to report quarterly results this week. Only one retail name looks like a winner to Mark Newton, technical analyst at Newton Advisors. “Macy’s looks like the real standout candidate to me among the group,” Newton told CNBC’s
Falling prices have sent the total market capitalization of all cryptocurrencies back below $200 billion. Data from CoinMarketCap shows the total market cap slid to $189 billion on Tuesday, a move that follows successive days of market declines. The market cap first rose above $200 billion in November 2017, a development spurred at the time
Bitcoin (BTC) jumped to seven-month highs against Turkey’s national currency, the lira (TRY), on Monday. The price spike comes after the U.S. imposed sanctions against Turkey on Friday for continuing to hold an American pastor in custody. The resultant economic shock-wave has seen the lira drop to a new lifetime low of 7.20 TRY against
When Turkey’s economy boomed in the last decade, so did bank lending, much more explosively than in other emerging markets. That is at the heart of the concerns about the falling lira, which is now down 82 percent against the dollar year-to-date. The lending spree has created two potential problems, according to Capital Economics. One
Freedom from stuff? Hassle free living, having it all and owning none of it.Shutterstock He (or she) who dies with the most toys wins. Or so the bumper sticker expression goes. The catchphrase, credited to Malcolm Forbes (founder of this publication), succinctly describes our consumer society—a society that places great value on buying and owning
The London real estate market is losing steam with sales struggling to complete. Tax changes, Brexit uncertainty, higher house prices and difficulties in getting a mortgage approved are making it increasingly hard for people to buy homes in the U.K. capital. Real estate companies have admitted that a slowdown in sales has affected their profits.
Syndicated via globenewswire.com VANCOUVER, British Columbia, Aug. 09, 2018 (GLOBE NEWSWIRE) — GAR Limited d/b/a/ Netcoins (“NETC” or the “Company“) (CSE: NETC) (OTC: GARLF) is pleased to announce that it has listed NIO, available for purchase on August 30, via our OTC Private Brokerage Services business. NIO is our fourth in a series of tokens which includes recently listed
Oppenheimer downgraded its rating of Tiffany shares to “perform” from “outperform” on Friday, saying “recent shifts in global currencies could weigh upon domestic sales to foreign tourists” for the luxury retailer. The firm pointed to a chart comparing the Chinese yuan to Tiffany’s sales in the U.S., saying the “devaluation of Chinese currencies could impact
In the world of crypto trading, recognizing patterns can yield more than insights. In fact, this skill is what traders use to determine the strength of a current trend during key market movements and to assess opportunities for entries and exits. In short, patterns can be useful in determining which direction price is likely to go. Further,
The Soro Enshi container ship sails from Yangshan Deep Water Port in Shanghai on July 10, 2018. A Parliamentary committee in India said China is dumping products in their country. Photographer: Qilai Shen/Bloomberg China is dumping products in India, a parliamentary panel suggested recently. As the trade war goes on unabated, China’s trade practices in
Tuur Demeester is an economist and investor. The following article references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for that. Despite an already six month cool-off period, for 2018 we see more sideways and downside potential in the bitcoin price due
Check out the companies making headlines before the bell: News Corp. – News Corp. reported adjusted quarterly profit of 8 cents per share, two cents above estimates. The Wall Street Journal publisher also saw revenue top forecasts, thanks to growth in real estate listings, book publishing, and subscription video services. Tesla – Tesla’s board of
The mysterious Jerejak Island in MalaysiaShutterstock The tiny island of Jerejak located off the coast of Penang in Malaysia is filled with some of the most dramatic events in history. From first glance, the island is lush and empty with old crumbling buildings and dense forests, but when you take a closer look, you see
Move over San Francisco — the Big Apple tops Silicon Valley as most expensive place to live in the United States, a new study shows. Per square foot, real estate in Manhattan is the most expensive in the United States, with the average property in the borough eclipsing all other locals. Based on that metric,
Stellar (XLM) is currently the only digital currency within the top 13 cryptocurrencies that is seeing any sort of gains on the crypto market today. So is there any Stellar news today? Stellar Rumors There has been no official announcement in Stellar news that would have pushed the cryptocurrency into the green, but there are
Wall Street rarely talks about its mistakes, but Goldman Sachs is now admitting it was wrong on its pessimistic view for AMD shares. The firm raised its rating to neutral from sell for the chipmaker’s stock, predicting big market share gains for its server chips over the next two years. “We find it increasingly harder
Bitcoin (BTC) now makes up 50 percent of the entire cryptocurrency market capitalization. Shortly past 03:00 UTC on August 11, CoinMarketCap’s bitcoin dominance rate – an indicator that tracks the percent of the total cryptocurrency market capitalization contributed by the leading cryptocurrency – reached 50 percent for the first time since December 19th, 2017. At
IBM Chief Human Resource Officer Diane GhersonDiane Gherson/IBM When it comes to the forefront of the global human resources landscape, Diane Gherson is someone you want to know. As Chief Human Resource Officer at IBM, Diane has helped to revolutionize IBM over the past 13 years. Under her leadership, she has transformed global workforce outcomes
It takes two to tango in the world of crypto trading, where a dynamic relationship between buyers and sellers is always on display in something called an order book. A tool that visualizes a real-time list of outstanding orders for a particular asset, order books represent the interests of buyers and sellers, offering a window into
A new air of cautiousness is hanging over markets, and it could continue in the week ahead as investors navigate Turkey’s currency collapse and the fallout across global markets. On Wall Street, traders pivoted quickly from rooting for a new all-time high in the S&P 500 to playing defense as global equities sold off instead.
23 newcomers are expected to join the list of million-dollar (home value) cities in the next year.Getty via Zillow If all you do is keep up with the Kardashians or follow the Real Housewives, you might get the impression that everyone lives in spendy markets where the typical home tops $1 million. In reality, only
Renting an apartment or a single-family home may seem easier than buying one, especially as so much of the process is now streamlined online. Easier, however, isn’t always safer. More than 43 percent of renters have found listings that seem fraudulent, and more than 5 million have been scammed, often losing thousands of dollars, according
In today’s edition of Crypto Daily News, we’ll cover the World Bank preparing to launch the world’s first blockchain bond and why Facebook executive David Marcus is stepping down from Coinbase. Crypto Daily News: August 10th, 2018 World Bank Blockchain Bond According to CNBC, The World Bank has just made a huge announcement in the
Both Bitcoin bears and bulls will be watching the BTC price over the weekend. While some see a potential corrective rally occurring, others believe the cryptocurrency is at the end of its road. One Wall Street analyst believes the latter. In fact, Jeff deGraaf said it’s “game over” for Bitcoin. But is that true? Wall
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