Bitcoin traded in a range of just under $1,500 over the course of the month of September, its narrowest monthly trading range since July 2017, data reveals. At close of trading Sunday, bitcoin (BTC) officially ended the 30-day period with a trading range of $1,329, with prices oscillating between a low of $6,100 and a high
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Check out the companies making headlines after the bell: Stich Fix shares plunged more than 21 percent percent in after-hours trading after the company released a mixed fourth-quarter earnings report. The apparel subscription retailer reported earnings per share of 18 cents, higher than the 4 cents analysts expected. Stitch Fix missed expectations on revenue, reporting
Properties with triple net leases often appeal to risk-averse landlords because of their inherently low-maintenance nature. But if you think delegating the costs of maintenance, property insurance and property tax to the tenant makes owning property a breeze, think again. Triple net leases come with their own set of unique risks and challenges for landlords.
House builder stocks listed on the FTSE 100 shed value on Monday morning after the U.K. government announced plans to introduce an additional tax on foreign buyers of British property. A rise of up to 3 percent in stamp duty is to be paid by any individuals and companies that are not registered to pay
Wall Street begins the home stretch of the year in good stead. The S&P 500 ended the third quarter Friday with its best performance since 2013, and all three benchmark indexes closed out September one rally from record highs they set earlier in the month. October has a reputation for monumental crashes such as those
For those who view ERC-20 tokens as potential investment opportunities, now may be a time to pay slightly closer attention. In the 20 day period from September 7 to September 27 of 2018, a sample of 574 ERC-20 tokens from the Ethereum One dataset was observed. The average price of those tokens in US dollars,
Bitcoin (BTC) seems to have built a base around a key moving average in the last four months, although, so far, it has not been able to produce a definitive bullish breakout. Throughout 2018, the leading cryptocurrency has set lower price highs, indicating the path of least resistance is to the downside. Despite the bearish
Bitcoin (BTC) is reporting losses for a second straight month, but there are hints of a bullish breakout ahead in the fourth quarter. At press time, the leading cryptocurrency is trading at $6,570 – down 6.30 percent from September’s opening price of $7,014. BTC also registered a 10-percent decline in August, according to CoinDesk’s Bitcoin
Check out the companies making headlines before the bell: BlackBerry — The communications software maker reported adjusted quarterly profit of 4 cents per share, compared to a consensus estimate of a penny a share, with revenue also beating forecasts. Lowe’s – The home improvement retailer’s stock was upgraded to “buy” from “hold” at SunTrust Robinson
Credit: Getty Royalty Free My parents have just put our family home on the market after nearly 30 years of living there. During the process of meeting with realtors, they were told that agents are facing resistance from buyers who are unsure about how the new tax law will affect them. After digging deeper into the
By nearly any measure, this city is booming. The unemployment rate is below 3 percent. There is so much construction that a local newspaper started a ”crane watch” feature. Seemingly every week brings headlines about companies bringing high-paying jobs to the area. Yet, Denver’s once-soaring housing market has run into turbulence. Sales and construction activity
The Federal Reserve just keeps on hiking, and it could be setting the U.S. economy up for its next recession, says Peter Boockvar, chief investment officer at Bleakley Advisory Group. This week, the Fed raised its benchmark interest rate a quarter point, and upgraded its expectations for economic growth for this year and next. However,
Blockchain can be explained as an innovative technology that’s designed to transform the digital landscape. It was originally a decentralized ledger used for transactions in bitcoins. This ledger comprises various linked blocks of transactions in which an identical copy was meant to be stored on every computer that was part of this network. The changes
Memes are a pretty important part of the crypto ecosystem – how else would crypto visionaries display their wit and sometimes passive aggressivity? It’s no wonder then that District0x’s Meme Factory is seeing quite the buzz. Not only did District0x raise $9 million in an initial coin offering last year, backed by Boost VC and CoinFund,
“What are you doing here?” a young engineering student asked Vipin Mayar, the head of artificial intelligence initiatives at Fidelity Investments, at a MIT conference in San Francisco. As Mayar recalled, “They were all just… surprised.” Fidelity executives are getting used to the confused looks and double-takes their company booth draws at Silicon Valley job
financial advisor putting a coin in her savings piggy bank Recently, I “discovered” a new type of REIT that caught my attention. It occupies a sub-, sub-, sub-sector, thought as lost as Atlantis, elusive as unicorns, merely mythological, a tale spun late into night, ‘round the flickering REIT campfire. But seriously and without hesitation, I’m
As lawmakers consider disaster relief in the wake of Hurricane Florence, projects to rebuild North Carolina’s shrunken shorelines are likely to get a healthy chunk of government money. To their advocates, these so-called beach nourishment initiatives are crucial steps in buffering valuable oceanfront properties from storm damage and boosting local economies that rely on tourism.
The third quarter is wrapping up, September is coming to a close, and CNBC’s Jim Cramer can finally breathe. “The third quarter’s in the bag and it’s been a good one — best in five years. Even September was good, and historically, that tends to be a rough month,” the “Mad Money” host said on
What if players could arrange a spontaneous cash game of any multiplayer title with tailored rules and the means to enforce fairness? It would need to be secure, so that gamers know there’s no chance of foul play, but also has to cater to the demands of a large number of players. Otherwise, there is
Zebpay, the largest cryptocurrency exchange by trading volume in India, has announced it is halting its trading service later today. Giving only several hours’ notice, the Ahmedabad-based company said in a tweet that, from 16:00 local time (10:30 UTC) on Friday, it will halt its exchange service and cancel all unexecuted orders, crediting the funds to
Calls for more clarity on cryptocurrency regulation are now coming from Congress, not just bitcoin fanatics. More than a dozen members of the House of Representatives sent a letter to Securities and Exchange Chairman Jay Clayton Friday urging his agency to tell investors, in plain English, how it plans to regulate cryptocurrency. “It is important
The Transcript in New York City is emblematic of the new resident-only bars and restaurants being unveiled in high-end residential buildings.Ben Fitchett Consider the exclusive world inhabited by denizens of American’s most luxurious multifamily buildings. Theirs is a rarefied environment of sumptuous fitness centers, saunas, spas and poolside cabanas. In these exquisite settings, they alone
Hong Kong house prices have fallen on average for the first time since early 2016, as sentiment looks to have turned against the city’s notoriously expensive real estate market. The city’s official index that tracks the price of private homes, dropped by 0.6 point to 393.9 last month, from 394.2 a month earlier, according to
Wall Street is buzzing over SEC’s civil action against Tesla CEO Elon Musk, predicting significant negative ramifications for the electric car market due to the announcement. Shares of the automaker are down 12 percent in Friday’s premarket session. The Securities and Exchange Commission sued Musk for fraud, according to court documents filed on Thursday. The
Bitcoin mining firm Bitmain has just submitted its initial public offering (IPO) with the Stock Exchange in Hong Kong (HKEX). Bitmain is based in Beijing, China. So what’s going on with the Bitmain IPO? Bitmain IPO Bitmain’s long-awaited IPO is still in its draft form and pending further listing hearings from the HKEX. The announcement of
Bitcoin missed a bull breakout by a whisker, as prices backed off from a six-day high of $6,826 hit earlier today. BTC’s persistent defense of $6,000 over the last three months has convinced many, including billionaire investor Novogratz, that the leading cryptocurrency has bottomed out around the February low. While that argument sounds logical, a
In cryptomarkets, history doesn’t repeat itself, but it does rhyme. In light of ether’s emphatic and near 40 percent recovery in price since mid-September, we think the calls for an “ETH bottom” do have some merit. As it turns out, the current market structure of ETH against its BTC pair is very similar to that
Check out the companies making headlines after the bell: Tesla shares fell nearly 12 percent in after-hours trading following news that the Securities and Exchange Commission has sued CEO Elon Musk for fraud. The suit is related to Musk’s August tweet that stated he was “considering taking Tesla private at $420” and already had “funding
A structure destined to be the nation’s largest Passive House office building, 310 N. Sangamon in Chicago , is being developed by Mark Goodman & Associates.Mark Goodman & Associates Passivity isn’t a characteristic valued around many office buildings. It’s usually the go-getting office worker who’s most prized. But when it comes to the design of
With both home prices and mortgage rates continuing to rise, fewer consumers signed contracts to buy existing homes in August. So-called pending home sales fell 1.2 percent for the month, according to the National Association of Realtors’ seasonally adjusted index. Sales were down 2.3 percent compared with August 2017. That was the fourth monthly decline