Bitcoin is down more than $1,700 since yesterday after a violent sell-off rocked the markets, catching a lot of traders off-guard. At 16:00 UTC on June 27, the world’s largest cryptocurrency by market capitalization, bitcoin (BTC), suffered a steep correction in its price, dropping to a low of $10,300 after eight straight days in the
Month: June 2019
People pass a sign for JPMorgan Chase at it’s headquarters in Manhattan, New York City. Spencer Platt | Getty Images Check out the companies making headlines midday Friday: J.P. Morgan Chase, Goldman Sachs, Citigroup — Shares surged more than 2% after the Federal Reserve said all major U.S.-based banks passed the central bank’s annual stress
Koinex is the latest cryptocurrency exchange to fall prey to India’s ban on virtual currencies. Months after delisting several cryptocurrencies, the exchange has shut down its trading services. The exchange has blamed uncertainty as well as disruptions for the unexpected decision. Koinex Shutdown In an official statement, Koinex says it has always wanted to provide
The Cedars in Graeagle, Calif., was previously on the market for $55 million. It will be auctioned off July 16 to 19 with Concierge Auctions with no reserve. Concierge Auctions As the real estate market has slowed over the last year, luxury home auctions have seen incredible growth. But these estates and mansions aren’t being
The downtown skyline of Los Angeles, California. Frederic J. Brown | AFP | Getty Images Chinese home buyers last year ponied up much less cash in the U.S. as the trade war continues to escalate between the world’s two largest economies. As President Donald Trump and President Xi Jinping prepare to meet this week, there
Will there be a truce, a deal or a further breakdown? All eyes are on this weekend’s G-20 showdown between President Donald Trump and Chinese leader Xi Jinping. For investors on edge about the trade outcome, here are the make-or-break stocks with the most to win or lose, according to Goldman Sachs. The bank screened
Irish cryptocurrency exchange Bitsane may have done a runner with users’ funds. Forbes said Thursday that the Bitsane exchange, which offers spot trading of cryptos and gained popularity as an early provider of XRP trading, has gone offline and has deleted its social media accounts. Emails sent by Forbes bounced back, it said. Customers of the
General view of an Iran flag on January 12, 2019 in Abu Dhabi, United Arab Emirates. Matthew Ashton – AMA | Getty Images European officials said they created a trading vehicle to help Iran get some relief from U.S. sanctions, but Tehran may see the proposal as insufficient to stop it from moving forward with
According to CoinTelegraph, one of the world’s largest crypto exchanges, Binance, is in “official” talks with Facebook regarding the latter’s new Libra coin. The exchange’s strategy officer, Gin Chao, told BlockTV yesterday that the company is “very excited” about the Libra project. What we know so far, according to Chao, is that the talks “have
Justice. Getty Often, when we think about bankruptcy, we picture someone getting all of their assets repossessed. However, that’s only on form of bankruptcy, Chapter 7. This article will cover Chapter 13 bankruptcy, which allows you to keep your assets and pay off your debts through a repayment plan. Read on to learn more about
David Auten and John Schneider were trapped in an hour-and-a-half car ride home. After spending a weekend in the Rocky Mountains with friends, the Denver couple were fantasizing about one day owning a vacation home. However, they soon realized that they were saddled with $51,000 of debt. Like many Americans, they said their spending habits
Bitcoin’s price has refreshed 17-month highs in the U.S. trading hours with a move above $13,000. CoinDesk’s Bitcoin Price Index is currently trading at 13,020, the highest level seen since mid-January 2018, having surpassed the Asian session high of $12,919 at roughly 17:30 UTC. With the rise above $13,000, bitcoin has taken the cumulative month-to-date gains
Traders work the floor at the NYSE . Brendan McDermid | Reuters January has long held strong predictive power for the direction of markets over the rest of the year, and 2019 is proving no exception. That’s good news for stocks, which stand to gain significantly ahead if the current trend stays in place, according
According to reports in the crypto press Thursday, cryptocurrency exchange Binance is talking to Facebook about getting involved in the social media giant’s upcoming Libra project. Finance Magnates says it spoke to Binance at the FinTech Junction event in Israel on Thursday, with the exchange’s CSO, Gin Chao, saying that early discussions have taken place with Facebook over a
Norma Butterfield, mother of Slack Technologies CEO Stewart Butterfield, rings a ceremonial bell along with New York Stock Exchange (NYSE) President Stacey Cunningham during the Slack direct listing in New York, U.S. June 20, 2019. Brendan McDermid | Reuters Casey Stengel once said, “Never make predictions, especially about the future.” If you’re looking to prove
Check out the companies making headlines before the bell: Constellation Brands – The beer and spirits producer reported adjusted quarterly profit of $2.21 per share, beating the $2.04 a share consensus estimate. Revenue also topped Wall Street forecasts. Nike – Nike reported quarterly earnings of 62 cents per share, 4 cents a share below estimates.
According to reports, Singapore-based crypto exchange Bitrue has been hacked. The culprits have made off with approximately $4.2 million in user assets. What’s going on? Here’s what we know so far. Bitrue Hacked The hack was announced earlier today via Twitter, with the company saying it first noticed the issue around 1 am local time
Virtual digital interface Getty As the saying goes, the devil is in the details. End users will never see the enormous logistics and coordination efforts that go into keeping buildings and indeed real estate portfolios operating seamlessly, but, without these, our user experience would quickly fall apart. There are many aspects to delivering a seamless
53 Mins Ago The Howard Hughes Corporation, which is an owner, manager, and developer of different types of real estate throughout the U.S., has hired bankers at CenterView to explore strategic alternatives that include a sale of the company, according to people familiar with he situation. CNBC’s David Faber reports.
View Bitcoin is still on track to close with gains for the fifth straight month, despite having witnessed a double-digit technical correction in the last 36 hours. The hourly chart shows the pullback has ended and prices could revisit recent highs over the weekend. With a reward halving due in May 2020 and increased institutional
Bernard Weil | Toronto Star | Getty Images Planet Fitness’ affordable and inclusive business model is working for the stock and will drive future growth, according to Raymond James. Raymond James initiated coverage on Planet Fitness with an outperform rating and a 12-month price target of $80, betting that the the gym’s unique business structure
Regulatory uncertainty ushered in by India’s central bank appears to have brought about the demise of another cryptocurrency exchange in the nation. In a Medium post published Thursday, the Koinex exchange says it’s been forced to shutter its services as a de facto ban on banking relationships for crypto firms – ordered by the Reserve Bank
NEW YORK, NY – APRIL 24: Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell, April 24, 2019 in New York City. U.S. stocks started the trading day mixed, following Tuesday’s closing record highs for the S&P 500 and Nasdaq. Drew Angerer | Getty Images
Check out the companies making headlines before the bell: Walgreens – Walgreens reported adjusted quarterly profit of $1.47 per share, 4 cents a share above estimates. Revenue was above Street forecasts as well. Walgreens said it rebounded from a difficult prior quarter with improvements in both retail sales and prescription growth. Accenture – The consulting
SonicX, a unique blockchain platform that provides trust, top-notch security and efficiency has developed an exceptional payment gateway that facilitates not only peer-to-peer transactions but also a tokenized system for content storage and online gaming. Businesses, organizations, and individuals have been struggling with trust, security, and privacy since the advent of the Internet. These problems
AppFolio vice president Elliott Burris reports the leasing stage is where property management firms get their first opportunity to demonstrate customer service AppFolio It’s an all-too-familiar problem. Seeking an apartment, a renter spots an available unit in an online search. Eager to check it out, she requests information on a showing date. But her request
During the foreclosure crisis nearly a decade ago, investors plowed into the housing market, buying millions of distressed homes and turning some of them into lucrative rentals. They transformed the once mom-and-pop market of single-family rentals into a large-scale, formally managed asset class — and it is still growing, in fact faster than ever. Foreclosures,
View Bitcoin’s price volatility, as represented by the daily trading range, jumped to a 17-month high on Wednesday. The cryptocurrency has dropped from $13,880 to $11,200 in the last 15 hours and could slide further to $10,000, according to the bearish setup on the hourly chart. A possible falling channel breakout on the hourly chart
Paychex Access payroll card in Brookline, Mass. Pat Greenhouse | The Boston Globe | Getty Images Shares of Paychex dropped on Wednesday after Bank of America downgraded the stock due to its “excessive valuation” and “underwhelming fundamentals.” The bank slashed its rating for the employment services company to underperform from neutral, while keeping its 12-month
Jed McCaleb, the founder of Mt. Gox, faces a lawsuit over his handling of the now-defunct bitcoin exchange. The two plaintiffs, former Mt. Gox traders Joseph Jones and Peter Steinmetz, filed a complaint with a court in California on May 19, accusing McCaleb of “fraudulent” and “negligent” misrepresentation of the exchange, which partially led to
- 1
- 2
- 3
- …
- 7
- Next Page »