Two days ago, brand new code was released on GitHub that had a Constantinople activation time within it. The post reads that Geth, or ‘Go Ethereum,’ is a special release and a hard fork will take place on the Ethereum (ETH) mainnet at block 7,080,000. This new hard fork is expected to take place around
Month: December 2018
Timothy Enneking is the founder and the primary principal of Digital Capital Management, LLC (DCM). ——————- Two members of the Rothschild family are credited, perhaps incorrectly, with the (in)famous quote regarding investing: “When there is blood in the street” (James in the mid-19th century and Nathan, after the battle of Waterloo). The family has been
closed sign photo credit: GettyGetty Earlier this week, I sat down with Faisal Butt, Emoov’s earliest investor, to discuss the lessons that startup founders and their backers (regardless of the sector they are in) can learn from failures such as this one. The article which was the product of that conversation generated a lot of
As the competition heated up in the short-term and corporate rental business, Patrick Flynn knew he needed an edge. His Northeast Suites business, based in Boston, MA, was growing, but so was AirBnB, HomeAway and other national players. So Flynn launched a new brand over the summer – GoLocal Suites. Fully furnished rental suites where
While many traders eagerly await a potential bitcoin exchange-traded fund (ETF), some of the cryptocurrency’s most passionate advocates are lukewarm at best about the prospect of such an instrument. Twitter is flush with users like crypto entrepreneur Jonathan Hamel posting about how an ETF would bring an “epic” inflow of institutional capital to the ecosystem
“There was no way I could have gone to a university after high school,” said Emily Buckner, 20. “My parents were laid off during the recession and it set us back a lot,” she said. “When I finished high school, there was nothing.” Instead, Buckner took advantage of the Tennessee Promise — an offer of
The Fed may not be able to turn the tide for the stock market in the week ahead, but it could soothe some of the wild volatility that has been crushing stocks since October. The Fed is expected to raise interest rates Wednesday by a quarter point, and the pressure is on for Fed Chairman
Do you shop frequently at Sephora? Lululemon? Walmart? If you do, a new in-browser app has emerged and wants to give you Bitcoin (BTC). CoinDesk just reported that the app called Lolli just added Sephora to their list of retailers. Earn Bitcoin (BTC) While Shopping Lolli gives shoppers cash back after they make purchases at their
Having traded cryptocurrency with his own money since 2014, software engineer Alex Wachli made a difficult choice when he joined the institutional crypto startup Seed CX. He had to give up trading. Seed CX forbids cryptocurrency trading by its roughly 40 employees. So Walchli effectively locked up his crypto holdings by handing the compliance team a
Detail of banknotes from the Bank of Scotland, which in 2016 began issuing new banknotes on polymer starting with the £5 note. (Photocredit: Getty).Getty How many exchanges does the world need? Now with plans being unveiled to launch a Scottish stock exchange, Bourse Scot, next year in an initiative dubbed “Project Heather”, it is a question I
Major corporations such as Apple, which just announced a $1 billion investment into a new Austin campus, are buying into Texas, Gov. Greg Abbott told CNBC Friday. The iPhone maker promises to develop a 133-acre complex to hold 5,000 employees, with room for an additional 10,000 more. It will be situated within a mile of
Bitcoin price is tumbling further today, dashing any hopes of a rally that some felt was certain thanks to current extreme oversold conditions. The world’s largest coin by market cap is currently selling for $3,301.60 USD according to coinmarketcap.com. But earlier today, it fell to $3,200, representing a 15-month low for Bitcoin and not helping bulls’ hopes for a
Bitcoin (BTC) tumbled to 15-month lows earlier today, dashing hopes of a rally signaled by current extreme oversold conditions. The world’s largest cryptocurrency by market capitalization fell to $3,200 on Bitstamp at 00:15 UTC – the lowest level since September 2017. BTC was trapped in a five-day-long narrowing price range 24 hours ago and showed
The recent sell-off in the S&P 500 has pushed the index’s valuation to its lowest level since March 2016, and if history is any indication this might be a buying signal. The last time the S&P’s price/earnings ratio dropped below 17.35, the index rallied nearly 20 percent in the next year. Looking at the P/E
The No. 1 risk to markets in 2019? It will surprise you. The company tasked with clearing and settlement for the financial markets is warning that “pockets of weakness” are starting to emerge across the financial system. Surprisingly, the biggest risk to markets going into the new year is the threat of a cybersecurity attack,
Check out the companies making headlines after the bell: Costco shares fell 3 percent after the market close after reporting disappointing quarterly earnings and revenue. The company reported $34.31 billion in revenue, falling short of the $34.79 billion estimated by analysts polled by Refinitiv. The company posted adjusted earnings of $1.61 per share, just shy
As we approach the new year, it’s time to reflect on all that happened in 2018. In the cryptocurrency sector, there were a few ups and downs, more so than in 2017, the year the crypto boom took flight. But while various companies (and coins) had their share of plunges, the number of crypto users
Germany’s second-largest stock exchange, Boerse Stuttgart Group, is set to launch a cryptocurrency trading platform in the first half of 2019. The firm announced Wednesday that it has partnered with a local fintech company solarisBank to create an engineering infrastructure for digital assets trading. solarisBank, which operates with a banking license in the country, will
A view out towards the Tasmanian wilderness from Captain Kelly’s Cottage in Bruny Island, lying far off of the Australian mainland.Thomas Mein There is an ancient but continually reinforced fascination with villa lifestyle in Western culture—somewhere for architects’ love for all things Roman to meet the dreams of Southwestern suburbanites. Ash-ridden Pompeiian ruins, hacienda courtyards
Mortgage applications to purchase a newly built home dropped 11 percent in November, compared to a year ago, according to the Mortgage Bankers Association. Given the drop, MBA economists predict that sales of newly built homes in November fell 5 percent annually. Those numbers will be reported at the end of December by the U.S.
Bitcoin (BTC) is consolidating below $3,500 for the third day straight. The challenge now is to gauge whether the bulls or the bears will win out in the coming days. As discussed yesterday, the leading cryptocurrency could soon see a corrective rally if prices manage to clear the crucial resistance at $3,633 (the high of
Facebook could bring PayPal millions of new users if the two expand their existing partnership, according to MoffettNathanson. The social media giant and the online payment service — “a match made in heaven” — could collaborate further in applications such as WhatsApp, Instagram and Facebook Marketplace, the team of media and payments analysts wrote in
Let’s call this one “Disaster averted.” Tencent Music. the China-based streaming app, priced its IPO at the NYSE at $13, the low end of the range, opened on Wednesday at $14.10 and pretty much stayed there all day, closing at $14. The big story is that the deal got done at all. It was supposed
Check out the companies making headlines after the bell: Tailored Brands shares fell more than 25 percent after market-close as the retail company missed revenue expectations. The company owns brands such as Men’s Wearhouse and Joseph A. Bank. The company reported $813 million in revenue, missing projections of $820 million. However, it beat earnings, reporting
OKEx has officially taken sides in the Bitcoin Cash hash war. According to an official statement made by the Malta-based cryptocurrency exchange today, it will list Bitcoin Cash ABC under the original Bitcoin Cash (BCH) ticker. Bitcoin ABC Wins with OKEx The statement reads: “We will change the ticker of Bitcoin Cash ABC from BCHABC
Crypto exchange Kraken is on a fundraising drive, offering “select” investors a chance to purchase stakes in the firm. CEO Jesse Powell confirmed to CoinDesk that his company is looking to tap a small number of clients for a fundraising round valuing the firm at $4 billion. “There is presently a limited time opportunity available
Share to facebook Share to twitter Share to linkedin Skyline of Philadelphia, Pennsylvania, which is one of the largest cities to witness ever-expanding wealth inequality.Getty Every city possesses an economic divide, but the gap is more severe in some parts of the country than others. In many cases, residents in the top and bottom income brackets reside in
New York struck a “bad deal” with Amazon to bring one of the tech giant’s East Coast headquarters to Queens, New York state Sen. Michael Gianaris told CNBC on Wednesday. Gianaris, a Democrat whose district includes Long Island City, where the Amazon facility would be located, called Jeff Bezos‘ HQ2 search process “one of the
Bitcoin’s (BTC) struggle to build a notable bounce could end if prices beat key resistance above $3,600. The leading cryptocurrency by market value fell to 15-month lows near $3,200 last week, pushing the 14-week relative strength index (RSI) below 30.00 for the first time since 2015. So, with bitcoin so extremely oversold, a recovery rally
Semiconductor stocks are struggling to rebound. The group has rallied more than 2 percent this week, attempting to turn around a 13 percent drop in the past three months. However, a major rally early on Tuesday failed to hold, raising concerns that chipmakers do not have the momentum to completely snap back. Matt Maley, equity