On Sunday, rumors spread around the community that there had been a double-spend attack on Ethereum Classic. The team behind the project immediately responded to the rumors, to ease investors. There have been rumors of a possible chain reorganization or double spend attack. From what we can tell the ETC network is operating normally. BlockScout’s
Month: January 2019
The price of bitcoin fell more than 10 percent during Thursday’s trading session as the cryptocurrency erased a large portion of its recent gains. At 6:00 UTC, bitcoin opened the trading hour at a price of $4,018, but fell to $3,748 before the hour was complete. After trading sideways until 16:00 UTC, the sell-off accelerated
Concessions, such as a free month’s rent or a waived broker fee, are typically more common in the colder months, but not this year, brokerage Citi Habitats found.Getty Those looking to move to, or within, Manhattan this season should expect high prices and a need to compromise on amenities like specific neighborhoods or a doorman, according
Hello, San Antonio! Seniors residing in this Texas city have the have the largest non-mortgage debt balances. Those were the findings from a study by LendingTree. The site, an online loan marketplace, analyzed the data of more than 75,000 of its users. Excluding mortgages, residents of San Antonio between 65 and 70 years of age
According to a US Government SEC registration form, cryptocurrency index fund provider Bitwise Asset Management has applied to launch a new Bitcoin Exchange Traded Fund (ETF) with the government body. An ETF is a platform that tracks and trades an asset in the same way as stocks are traded on an exchange. Will Bitwise manage
Bitcoin’s (BTC) price saw its biggest drop for seven weeks on Thursday, weakening the prospects of a bullish breakout above $4,100. The world’s largest cryptocurrency by market value hit a 3.5-week low of $3,503 yesterday, before closing (as per UTC) at $3,627 – down 9.4 percent on the day. That was the biggest single-day drop
Wall Street’s recent distaste with the retail sector is evidence that the economic layout is changing for public retail companies, CNBC’s Jim Cramer said Thursday as the group slid on holiday sales disappointments. “Welcome to the new economy,” Cramer said. “Going forward, you need to understand that not all retailers are created equal anymore, and
The good news on 2019 earnings is that a lot of bad news is already priced into the market, as seen by the very modest drop of 1.5 percent in Samsung shares on Tuesday after terrible guidance. The flip side is a lot of damage has already been done, and other companies will be similarly
Check out the companies making headlines after the bell: Bed Bath & Beyond shares soared more than 20 percent during after hours trading as the home-goods company reported it is ahead of its long-term financial goals and beat earnings estimates. The company said it is ahead of schedule in terms of slowing down the declines
The world’s eighth-largest cryptocurrency, TRON (TRX), is making quite the bull-run this week. Throughout the entire crypto community, it is known that TRX, in the past, has been ‘pumped up’ on announcements of ‘potential partnerships.’ Justin Sun, TRON’s founder, is notorious for these types of marketing schemes via Twitter. Is this the cause of TRX’s
The ratio of long-to-short positions placed on bitcoin (BTC) has reached its highest level in over five months on cryptocurrency exchange Bitfinex. At press time, the BTC long positions placed on the exchange total 33,750 units, worth $137.3 million at current market prices, whereas the number of short positions is roughly 11,000 units less at
The concrete estate can withstand hurricane winds up to 180 mph.Douglas Elliman Real Estate Writing this was like pulling teeth. You’ll soon see why. If anyone could afford to bite off more than he can chew, it’s dental mogul David Willens (sorry, couldn’t resist). The founder and chairman of Sage Dental (a chain of affordable
After a tough fourth quarter, Lennar’s chairman Stuart Miller said December’s interest rate drop spurred a surge in customer traffic through their model homes. As one of the nation’s largest home builders, with a national footprint, what’s good for Lennar could bode well for the broader market for new homes in 2019. “The very quick
Bitcoin is losing altitude as an unwinding of bullish bets is creating downward pressure on prices. As of writing, BTC is changing hands at $3,780 on Bitstamp – down 5 percent on a 24-hour basis – having found offers above $4,000 at 06:00 UTC. Notably, the price drop is accompanied by a decline in the
Investors shouldn’t wait for “ironclad proof” that business is improving at Micron, Nvidia and Lam Research before they buy the semiconductor companies’ stocks, CNBC’s Jim Cramer said Wednesday as stocks inched higher. “If you wait for ironclad proof that a troubled business has turned itself around, you’ll miss most of the upside from that turn,”
Christopher Brookins is the founder of Pugilist Ventures, a quantitative crypto fund founded out of Carnegie Mellon. ———————————————————————————————— Since the end of 2018, price action has been demonstrably negative, which surprised many expecting the end of Q4 historical “pump” in prices. The price plummet appears largely driven by negative sentiment and swathes of selling pressure
The market action on Tuesday is telling us that an awful lot of bad news has been priced into the market. And it just keeps coming. Stocks are up in Europe and the U.S….on bad news. The big worry now is earnings. Overnight, Samsung said fourth quarter operating profit would decline 29 percent, to 10.8
Check out the companies making headlines after the bell: H&R Block shares rose as much as 2 percent during after hours trading. The U.S. government has said it will still distribute federal income tax refunds despite the government shutdown. The government has been shut down since December 22 as President Donald Trump and Congress engage
Ethereum (ETH) is up over 71% for the month, as its devs prepare for its upcoming hard fork. The major hard fork was supposed to take place in 2018 but was pushed back. Since then, the whole Ethereum community has been steadily working to bring this thing to life. Now, it finally has an end
The Arthur B. Heurtley House in Oak Park. Illinois, is a stellar example of Frank Lloyd Wright’s Prairie style.Getty If Frank Lloyd Wright had not deserted his wife, six children and left for Europe with his next-door neighbor, Mamah Cheney, who deserted her husband and two children to be with Wright, Mason City, Iowa might
Chinese consumers may have soured on some American products, like iPhones, but they have only sweetened on U.S. residential real estate. They have been the top foreign buyers in both units and dollar volume of residential housing for six years straight, according to the National Association of Realtors, and now they expanding to new, lower
With the bitcoin market showing signs of indecision, prices could soon retreat back below $4,000. The world’s largest cryptocurrency by market capitalization witnessed two-way business yesterday before ending largely unchanged on the day (as per UTC) at $3,995 on Bitstamp. Worryingly for the bulls, BTC created a doji candle on Tuesday – widely considered a
In its last fiscal year, Apple generated $100 billion in revenue that was not tied to what has long been considered its flagship product, the iPhone, CEO Tim Cook told CNBC on Tuesday in a wide-ranging interview with Jim Cramer. “In this last quarter, if you take everything outside of iPhone, it grew at 19
I’ve been away visiting my father in Florida for a few days, but it’s remarkable how much sentiment has changed. I look at the major “worries” and I see big progress, particularly on the two biggest problems for the market: the Fed and China trade. 1) Fed and rates: Chairman Jerome Powell provided much greater
Check out the companies making headlines after the bell: Union Pacific shares rose more than 6.5 percent after hours as it hired a new chief operating officer. Jim Vena, who previously worked for Canadian National Railway, will begin as COO effective January 14. NuVasive shares rose 1.4 percent after hours after dropping more than 9
If you were excited about Friday’s news about Monero (XMR) being accepted on the Retail Row store, well, sorry to break the bad news, but according to CEO of Epic Games, Tim Sweeney, it was all a “mistake.” Oops, but also… how? Monero Mistake Over the weekend, the CEO of Epic Games—the creators of 2018’s biggest game,
Past performance is no guarantee of future results, but when history repeats it can be difficult to ignore the potential implications. Such is the case with price chart of ether, the ethereum network’s native cryptocurrency. Since Sept. 2018, the price chart of the world’s second largest cryptocurrency has mimicked the market structure of bitcoin’s bear
Rudin property management company’s executive vice president and COO, John Gilbert.Courtesy of Rudin It’s common to associate the term “big data” with targeted advertising and invasions of privacy, but for New York City-based commercial real estate management company Rudin, the massive sets of numbers can help save the world. In response to requests from utility
With mortgage rates poised to rise, it might be time to dust off a strategy that could help prospective homeowners afford their new abode. TransUnion, one of three major credit bureaus, predicted that the average interest rate on a 30-year mortgage would approach 5 percent by the end of 2019. This rate is a far
Charlie Lee is at it again. The Litecoin founder isn’t shy when it comes to voicing his opinion on crypto via Twitter and yesterday was no different. It seems this time, he’s targeting Bitcoin maximalists. Charlie Lee vs. Bitcoin Maximalists It all started with a poll. Some self-proclaimed Bitcoin Maximalists are actually Bitcoin Extremists. They
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