When people see blockchain, the first thing they probably think of is cryptocurrencies and Bitcoin. No doubt blockchain has been thrust into the limelight by the unprecedented popularity of Bitcoin and the universe of cryptocurrencies, but blockchain is more than just a technology used in transactions. Blockchain, simply put, is a distributed ledger of digital
Month: April 2019
Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. For those of us in the northern hemisphere, April is traditionally the month when the
China’s home prices are hot. Average prices of new homes in 70 Chinese cities rose at an annual rate of 10.4% in February 2019, accelerating from a 10.0% rise in the previous month, according to Tradingeconomics.com. That’s the 46th straight month of price increases and the strongest annual gain since May 2017. Rising home prices
Real estate website Zillow on Tuesday announced a new “Home Loans” division that will allow users shopping for mortgages to receive financing directly from the company. It’s Zillow’s latest push toward having customers directly buy and sell homes. The company said in February it was doubling down on its homebuying and selling business, projecting annual
View Bitcoin closed the first quarter of 2017 with 10.91 percent gains – the biggest quarterly gain since the fourth quarter of 2017. While bearish exhaustion is evident, a bullish reversal above $4,236 still remains elusive. A sustained break above that level may not happen in the next few months, as the price seems to
Much of Wall Street may consider Europe a danger zone for investors, but BNY Mellon’s Alicia Levine lists it as one of her top market plays. Levine, the firm’s chief strategist, believes big gains are in store for the battered region. “There are great opportunities in the places where people feel the worst about. And,
President Donald Trump’s potential nominations of Stephen Moore and Herman Cain to the Federal Reserve could be the beginning of a politicization of the central bank, according to Barclays’ chief U.S. economist. “When it comes to nominees, most people that get nominated to the board, regardless of what party is in power, they tend to
The cryptocurrency market has again undergone strict scrutiny after analysts and market players were shocked by the sudden jump in Bitcoin price two days back on Tuesday. The shocking spike in the price generated fear about the high volatility and risk involved in the cryptocurrency market. Investors and analysts, rather than celebrate, have become all
Cryptocurrency exchange Coinsquare is launching a stablecoin pegged 1:1 to the Canadian dollar (CAD). The exchange plans potential roles for its new “eCAD” token in cross-border payments and remittance, peer-to-peer lending, merchant payment solutions, as well as trade settlements and forex conversions. Coinsquare CEO Cole Diamond said in an announcement Thursday: “The launch of eCAD
Young woman practicing basketball near the Venice beach in Los Angeles, California. She is having a great time, slamming the ball in the sunset hours. Getty He drives… He shoots… He scores! Here’s a question for you if you watch basketball on even a semi-consistent basis. How many times have you heard those three lines
35 Mins Ago America’s teachers are under financial pressure with student loan debt and low salaries, but one start-up is attempting to help our educators generate wealth through homeownership. Alex Lofton, co-founder and head of growth at Landed, a company offering down payment support and financial coaching to educators in the market for a home,
Mainstream news coverage of cryptocurrency is often disingenuous or factually incorrect – that’s certainly no surprise given the nascent technology is widely misunderstood. But if one would have thought that recent milestones – bitcoin’s 10th anniversary, the arrival of crypto projects from the likes of JP Morgan and Facebook – would have encouraged the media to
People with student debt may soon have another way to pay their monthly bills. What’s unclear is how much of a help that new method will be. The House Ways and Means Committee earlier this month unanimously passed the Secure Act, which would expand 529 accounts to cover costs beyond college to those associated with
New highs for stocks? The bull narrative is winning the argument, for now. The S&P 500 is about 1.5% from an historic high, and recent data may help make a run at that record. Friday’s nonfarm payroll report, with 196,000 new jobs in March, was above expectations and will go a long way toward quelling
The worst earnings season in nearly three years is about to begin, but stock strategists say the market should be able to look right past declining profits and continue to reach for all-time highs, as long as trade talks between the U.S. and China continue to show progress. Stocks were higher in the past week,
Cryptocurrency is taking over the financial world, and crypto exchanges are taking over the jobs world. Because on LinkedIn’s Top 50 US employers list for 2019, Coinbase has ranked higher than investment banking giant JPMorgan. Now, Coinbase jobs will be in higher demand than ever before. The Perks of Coinbase Jobs Coinbase ranked at number 35
Cryptocurrency exchange Coinbase has ranked above investment banking giant JPMorgan in LinkedIn’s top 50 U.S. employers list for 2019. The networking platform for professionals published the list on Wednesday, ranking Coinbase at number 35, 9 spots ahead of JPMorgan at number 44. No other cryptocurrency or blockchain firm made the list. Coinbase has predominantly hired staff in
This panelized house is located n Westport, Connecticut. The house was designed by Sellers Lathrop Architects LLC. The panels were manufactured by Bensonwood and the house was built by The Pratley Construction, LLC. Photo courtesy of Stacy Bass Photography for Prefabulous Small House published by Taunton Press Panelized construction is on the increase in this
There is a new way to take cash out of your home with no monthly payments and no interest. It’s not a loan. It’s not a mortgage. It is a contract with an investor who wants to purchase some of your home equity in cash—but it can be costly in the end. California-based Point is
View With bitcoin’s move today to 4.5-month highs near $5,080, the transition from bear to bull market appears done and dusted. The trend change would gain credence, though, if and when BTC finds acceptance above the former support-turned-resistance of the 21-month exponential moving average (EMA), currently at $5,200. The cryptocurrency is looking overbought as per
CNBC’s Jim Cramer on Friday said Chemical Financial, a regional bank with more than 200 locations, is worth a buy. The Detroit-based bank is on the verge of becoming a powerhouse in the Midwest once its deal for TCF Financial closes in the second half of the year, and analysts are anticipating that it will
Tradeweb Markets, an electronic trading platform backed by Blackstone, went public Thursday morning at $27 but opened on the Nasdaq at $34.26, a significant premium. Original price talk of 27.2 million shares at $24 to $26 was twice raised, eventually settling at 40 million shares at $27. “The IPO trend is definitely up, companies are
Companies seem to have done a lot of hiring in March, and if Friday’s jobs report is as strong as expected, it could go a long way towards reducing speculation that a recession is coming and that the Fed will have to cut interest rates to stop it. Like every jobs report, this one is
Belgium’s Financial Services and Markets Authority (FSMA) has updated its crypto blacklist. According to an official statement made today, the government body has added seven crypto trading platforms to it. Crypto Blacklist The crypto blacklist is comprised of websites and/or platforms associated with fraud or that show signs of fraudulent behavior. Effectively, these websites are known to
View Bitcoin’s quick drop from a 4.5-month high of $5,345 to levels below $5,000 validates the extremely overbought readings on the 14-day relative strength index. BTC could consolidate around $5,000 with a negative bias over the next day or two. A pullback back to key support levels at $4,672 and $4,565 (200-hour MA) can’t be
Share to facebook Share to twitter Share to linkedin The new floors of the 212 5th Ave penthouse. VisualHouse Pre-war buildings bring glamour, authenticity and a lot of headaches. To make this 1912 former manufacturing warehouse into a 48-unit luxury condo building the developers had to wrestle with a steel structure that didn’t rise in straight lines and
If you’re shopping for a cheap home this spring, good luck. The median value of homes listed for sale in March hit $300,000, a new record, according to realtor.com. Home values overheated from 2016 to mid-2018, as demand outstripped supply, especially at the lower end of the market. Those gains began to shrink last summer,
Bitcoin and the rest of the cryptocurrency market have started Q2 off with an emphatic bang, having at one point increased the market’s total capitalization by nearly $40 billion since the beginning of April. Indeed, bitcoin led the market-wide charge on April 2, surging over 20 percent in a single hour – a move that
Canopy Growth could generate more than $1 billion in revenue by the end of its fiscal year, Constellation Brands CEO Bill Newlands told CNBC Thursday. Constellation, which makes Corona and Modelo beers, has a 38% stake in the cannabis company, which is the largest medical marijuana producer in Canada. “If you look at Canada alone,
Semiconductors are killing it, and you can thank China. The Semiconductor ETF (SMH) is just shy of the historic high it hit a year ago, and there’s good reason for it: China. The five S&P companies with the biggest exposure to China are all semiconductors. Qualcomm, Micron, Qorvo, Broadcom, and Texas Instruments all get 40%