Christopher Brookins is the founder of Pugilist Ventures, a quantitative crypto fund founded out of Carnegie Mellon. ———— In 2018, the ethereum network has been hobbled by delayed protocol upgrades, ICO boom hangover and the overall crypto winter. However, several fundamental indicators, which, in theory, should be indicative of positive price momentum, are pointing to
Month: February 2019
Woman with a book and pen brainstormingGetty This is the second article of a series titled #StartupLife, in which I interviewed over 70 PropTech founders to discover what truly goes into being a startupper. We explore their motivations for getting into this industry, the barriers they faced, the joys and disappointments they experienced, and much
Alphabet’s Sidewalk Labs proposed taking a portion of Toronto property taxes, development fees and increased land value to build a smart city on the eastern waterfront, The Toronto Star reported. According to internal documents obtained by the Star, Sidewalks Labs plans to argue it is “entitled to … a share in the uptick in land
Investors are often told that uncertainty is inevitable. No risk, no reward. Well, for those whose stomachs harden at the unknown, there’s some good news. A growing number of tools prepare you for the threats lurking around the market, from a trade war to climate change, by letting you test them out on your investments
Check out the companies making headlines midday Friday: XPO Logistics – XPO stock tanked a whopping 17 percent after the transportation company reported disappointing fourth-quarter results. Its earnings came in eight cents shy of estimates with adjusted quarterly profit of 72 cents per share, and the company’s revenue also fell short of expectations. XPO also
Anchor, a New Financial Standard and Monetary System for Preserving and Enhancing the Value of Investor Holdings Anchor is a two-token stable currency system pegged to a financial index that safeguards investments against economic volatility, inflation and market speculation. Anchor AG, a financial services holding company, introduces Anchor, a dual-token stable currency that is pegged
tZERO is off to a slow start. In the three weeks since the long-awaited launch of Overstock.com’s alternative trading system (ATS) for security tokens, activity has been light. According to traders in a dedicated Telegram chat, daily volume has fluctuated between 7,000 and 23,000 units of the platform’s own tZERO Preferred (TZROP) token – the
While you may be under the impression that when you check in to your favorite luxury hotel, it’s all about you the guest, in the vast majority cases it’s really about somebody else, namely the owner. Not to say that the staff isn’t there to please as many of your whims and wishes as possible,
Developers and speculators — who bought property on the promise of Amazon‘s planned New York City headquarters — are “freaking out,” now that the e-commerce giant pulled out of the deal due to local opposition, luxury real estate agent Ryan Serhant told CNBC on Friday. “Was I dumbfounded that New York politicians were going to
View Bitcoin’s six-day-long consolidation near $3,600 has neutralized the bullish view put forward by a falling wedge breakout confirmed on Feb. 8. The follow-through to that bullish breakout has been extremely weak with prices unable to challenge the highs above $3,700 hit last Friday. A move above $3,711 (Feb. 8 high) would validate the bullish
It’s no secret that for most retirees, Social Security is an important part of their income. Exactly how much varies from individual to individual — and, apparently, from city to city. Among 100 U.S. cities with the largest 65-and-older populations, Social Security makes up an average 42 percent of retiree income, according to recent research
Economists slashed fourth-quarter GDP forecasts Thursday, and now see growth closer to 2 percent than 3 percent, after a surprise drop in December retail sales. According to the CNBC/Moody’s Analytics Rapid Update, economists in the survey see growth tracking at a median 2.4 percent pace, down 0.7 percentage points. December’s retail sales fell 1.2 percent,
According to Cointelegraph, Europe’s Banco Santander and tech behemoth IBM have announced an accord involving the IBM blockchain. The pair signed a $700 million USD deal aiming to increase Santander’s technological developments. The news was released yesterday via a press release. IBM Blockchain The deal is a five-year “global technology agreement” that will improve the bank’s services
Blockchain watchers have identified a group of bitcoin addresses that likely belong to one of the so-called cold wallets of failed crypto exchange QuadrigaCX. The discovery is notable in light of QuadrigaCX’s claim that it has been unable to access these wallets – which held the lion’s share of the $190 million owed to customers
Protestors rallied against Amazon and the company’s plans to move their second headquarters to Long Island City in late January 2019 in New York City. (Photo by Drew Angerer/Getty Images)Getty Love definitely isn’t in the air today — at least not for supporters of Amazon’s New York City headquarters. The retailer has officially called it
The cost of property in London’s most expensive neighborhoods tumbled in 2018, with buyers using the U.S. dollar making the largest savings. Analysis of three prime property areas in the city suggested that sold house prices at the top end of the London market averaged around 6 percent less in 2018 from the year before.
View Bitcoin’s weekly MACD has diverged in favor of the bulls. The indicator carved out a higher low in December, even though bitcoin’s price slipped to $3,100, signaling waning bearish pressures 17 months before the mining reward halving. Bitcoin witnessed a similar MACD divergence 17 months before the previous halving in September 2016. The bullish
If health-care expenses have been squeezing your household budget, it could be worth checking if they’d get you a tax break on your 2018 return. A range of medical expenses can qualify, and as long as you itemize instead of taking the standard deduction, a portion of those costs can help lower your tax bill.
With the S&P 500 now 17 percent off its low, investors should turn to picking individual stocks to capture the best stock market returns, according to Goldman Sachs stock strategists. Stock-picking opportunities are most plentiful among stocks in the consumer discretionary, communications serivces and health care sectors. They highlight stocks like Monster Beverage, WellCare Health
Hong Kong blockchain week is right around the corner! Hybrid Summit has decided to host its annual event in China this year. Last year, the blockchain-centered educational event was held in Bangkok Thailand and in 2017, it was held in Studio City, Macau. Hybrid Summit 2019 will be held on March 7th at the AsiaWorld
Litecoin has rallied sharply in the first six weeks of 2019, triggering speculation that investors may be pricing in a supply reduction that’s scheduled to occur in August. The world’s fourth largest cryptocurrency by market capitalization is currently trading at $44, having clocked a high of $47 last week. At that price, LTC was up
The crew of This Old House includes, from left, Kevin O’Conner, Roger Cook, Richard Threthewey, Tom Silva and Norm AbramsThis Old House Forty is not old for a house, but it’s an unheard-of age for a television show. All the same, This Old Househas been a public television staple for four decades. To mark the
Google’s massive footprint is only getting bigger in 2019. CEO Sundar Pichai said in a blog post on Wednesday that the company is building new data centers and offices and expanding several key locations across the U.S., spending $13 billion this year. Pichai outlined the plans, which include opening new data centers in Nevada, Ohio,
View Bitcoin is struggling to cross the 50-day moving average hurdle for the fifth straight day. The repeated failure at that key hurdle has neutralized the bullish outlook put forward by Friday’s falling wedge breakout. A convincing move above $3,630 (50-day MA) would revive the short-term bullish outlook and open the doors to $3,730 –
Seaport Global initiated coverage on General Motors Wednesday as a buy with a price target of $48, citing the automaker’s recent restructuring efforts and its leadership in China, self-driving car technology and the growing light truck segment. The news comes one day after Reuters reported that GM and Amazon are in talks to invest in
Florida Republican Sen. Marco Rubio proposes changing the capital gains tax as a way to discourage corporate buybacks, a position that could spook the stock market if other prominent Republicans get behind the idea. The capital gains tax is a new twist on the assault on corporate buybacks, which had been mainly under fire by
One of the Philippines largest banks, Union Bank, is set to launch the first two-way crypto ATMs in the country. Union Bank Crypto ATMs Customers will be able to buy and sell cryptocurrencies for cash through the ATM. The idea is to provide an easy and accessible means for crypto to fiat conversion and vice
Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, is about to release its decentralized exchange, Binance DEX, for public testing. The firm’s CEO Changpeng Zhao tweeted Tuesday that the firm is targeting a date of Feb. 20 for the public testnet release of Binance Chain – the native public blockchain being developed to
Of the properties listed last spring that have been sold, 70% closed below their asking price, according to a new report from the listings site StreetEasy.Getty Home sellers in New York City are in for a challenge this spring. Those who plan to list their properties for the first time in the next few months
With more seniors than ever aging in place and choosing not to sell the family home, an estimated 1.6 million fewer properties are now available in a market already experiencing a critical shortage, according to Freddie Mac. To put it in perspective, that is about the same number of new single-family and multifamily housing units