Bitcoin (BTC) has taken a bullish turn over the last 24 hours, as sharp gains are also seen across a number of alternative cryptocurrencies (altcoins). As of writing, the leading cryptocurrency is trading at $6,700 on Bitfinex – up 4.6 percent on a 24-hour basis – having hit a 16-day high of $6,745 earlier today.
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One of the worst performing cryptocurrencies this year is making a comeback. XRP rose more than 80 percent Friday to a high of 77 cents, bringing its gains this week to 185 percent, according to data from CoinMarketCap.com. Its market capitalization jumped to roughly $26.8 billion, surpassing ethereum as the world’s second most valuable cryptocurrency
The Royal AtlantisResort and ResidenciesThe Royal Atlantis Residences The skyscrapers crowding Dubai’s skyline often compete for the title of tallest, shiniest or most gravity-defying design. Walking the streets it’s reasonable to feel this desert city was built for dinosaurs or demigods in mind rather than humans. However, the developers behind the ten-year-old Atlantis The Palm,
Mention the word “tropical” and most people will think of turquoise-blue waters and powder-white beaches. But one downside of a tropical retirement can be the threat of hurricanes. But there are many idyllic retirement havens where savvy retirees can get all the pleasures of life in the tropics without the specter of super-destructive storms. You
Comstock Resources: “We’re not going down the speculative food chain when it comes to oil and gas. That always tends to be a mistake. [For] the charitable trust, I’ve been telling club members of ActionAlertsPlus.com it’s a simple one. You buy BP and you get that 5 percent yield while you wait for oil to
Venezuela’s president, Nicolas Maduro, just made a bold statement regarding his oil-backed cryptocurrency, the Petro Coin. The Petro Coin Maduro appeared on the national VTV channel today and delivered a speech about his country’s latest economic issues. According to VTV’s official website, Maduro said: “The Petro enters the street, as a currency of exchange, purchase
The parent company of Brazil’s largest independent broker is setting up a cryptocurrency exchange, Bloomberg reported Thursday. Grupo XP, which owns brokerage firm XP Investimentos, plans to launch the platform in the “coming months,” the news source said, adding it will support trading in bitcoin and ethereum. However, despite the notable move, the firm seems
The issuance of tether (USDT), the controversial cryptocurrency tied to the U.S. dollar’s value, has had no meaningful impact on the price of bitcoin, an academic study has found. The findings by Dr. Wang Chun Wei, a lecturer at the business school of Australia’s University of Queensland, contradict widespread and long-running speculation that Tether, the company behind
The Fed is expected to announce a quarter point rate hike Wednesday, and is likely to signal another hike is coming later in the year. The Fed’s actions are unlikely to rock markets, but the focus will be on what kind of message the Fed sends and how hawkish it sounds on the economy and
Even if you manage to sock away a fair amount in your 401(k) every year, it’s not unusual to worry that inflation may eat away at the value of your retirement portfolio. To reduce the likelihood of that happening, you can boost retirement income by investing in real estate. You’ll gain the added benefit of
After three years of soaring home prices, the heat is coming off the U.S. housing market. Home sellers are slashing prices at the highest rate in at least eight years, especially in the West, where the price gains were hottest. In the four weeks ending on September 16th, more than one quarter of the homes
On a very bullish day for the broader stock market, the declines in the retail sector were speaking volumes to CNBC’s Jim Cramer. With the trade dispute between the United States and China heating up, the “Mad Money” host figured the weakness stemmed from “a belief that the retailers will have to eat the tariffs,
In today’s edition of Crypto Daily News, we’ll cover the details of the crypto market rebound and Coinbase’s official statement regarding the proprietary trading allegations. Crypto Daily News: September 20th, 2018 Crypto Market Rebounds The crypto market is rebounding this morning, after taking a sharp fall last week after rumors spread that Goldman Sachs (NYSE:GS)
XRP’s price is boasting double-digit percentage growth today for the second time this week as the broader market picks up the bid. At press time, the world’s third-largest cryptocurrency by market capitalization is trading across exchanges at an average price of $0.37 – a six-week high and 13.60 percent gain from today’s opening price of
Bitcoin’s (BTC) has made a high volume recovery from five-week lows, although a bullish reversal is still not confirmed, technical studies indicate. The leading cryptocurrency fell to $6,100 on Bitfinex at 18:00 UTC yesterday – the lowest level since Aug. 14 – signaling a downside break of the trendline connecting the June low and Aug.
Starting Monday, investors who have played the momentum in FANG stocks may find some of that juice in a new communications services sector formed by S&P Dow Jones Indices. Three of the four FANG stocks will become part of the new sector, which will replace telecom, as one of the 11 major S&P industry groups.
When one decides to start in real estate, their family and friends are typically ready to support them in their new venture by connecting with the new agent to help buy or sell. But, how does a new agent connect with locals in their area beyond friends and family? How does a new agent claim
You shouldn’t use your house to help pay your monthly bills, but nearly 1 in 6 American homeowners thinks that’s just fine. Those were the findings from a recent survey by Bankrate.com. Earlier this month, the personal finance website took an online poll of 719 homeowners, asking them about using their home equity — the
The trade war between the U.S. and China is not a major risk to the stock market, noted economist Mohamed El-Erian told CNBC on Wednesday. In fact, he doesn’t see it expanding into a full-blown, global problem. “All this rhetoric you hear from both sides … it’s about the journey, not destination. The destination, in
Reddit and BitcoinTalk are flooded with the announcements of new and upcoming ICOs. The market keeps growing, but investors are becoming wary. With approximately 46% of ICOs ending in failure, how do you make sure that you’re investing in one of the 54% destined for success? An ongoing and upcoming ICO list should be your
A recent report published by the New York Office of the Attorney General (OAG), which claimed several cryptocurrency exchanges it investigated are vulnerable to market manipulation, has drawn backlash from industry players. In a blog post published Thursday, Coinbase’s chief policy officer, Mike Lempres, wrote that the OAG’s assertions in the report have led to misrepresentation of
Bitcoin’s volatility was on full display on Wednesday when its price fell from $6,300 to $6,100 before shooting up to $6,500 – all within an hour’s time. As of press time, the world’s largest cryptocurrency by market capitalization was trading at $6,422, up 5 percent from the day’s low of $6,117. The market did not waste
Check out the companies making headlines after the bell: Tilray stock fell as much as 16 percent in after-hours trading, following a volatile trading day for the Canadian cannabis company. Shares closed up 38 percent, its best day ever as a public company, after surging as much as 90 percent during the day. The stock
GettyGetty Rental housing markets across the United States have experienced unprecedented demand over the last decade, outpacing supply, according to the Joint Center for Housing Studies of Harvard University (JCHS). Today, there are more than 43 million renter households across the country — representing about 37% of all households — a figure that has grown
Interest rates for home loans appear to be climbing again, and that may in fact be what’s getting borrowers back to their brokers — fear that rates could move significantly higher in the coming months. Total mortgage application volume increased 1.6 percent last week compared with the previous week, according to the Mortgage Bankers Association’s
With investors seemingly undecided about how badly trade tensions with China will hit U.S. markets, CNBC’s Jim Cramer wanted to define the issue a bit more for Wall Street. “‘Who has more to lose?’ People keep asking this question about the trade war with China as though we don’t really already know the answer. But
The growing popularity of crypto investments has aroused a keen interest in blockchain technologies and their possibilities. Today, blockchain is used as a generic term, and most people associate it with Bitcoin, the cryptocurrency created using the distributed ledger technology for the first time. However, the potential and scope of the application of decentralized ledgers
The New York Office of the Attorney General (OAG) has released a report on cryptocurrency trading platforms, finding that many are vulnerable to market manipulation and referring several exchanges to another agency for potential violations of state law. The NYAG’s inquiry was launched in April, seeking voluntary participation from 13 of the world’s most notable
Don Wilson, founder of high-speed trading firm DRW, said bitcoin derivatives trading in Asia hours is almost equal to the volume he’s seen in the U.S., something he says is an anomaly when compared to other financial instruments. In a fireside chat at the CoinDesk Consensus Singapore 2018 conference with Quartz’s John Detrixhe, Wilson discussed
Check out the companies making headlines after the bell: Fitbit Inc stock fell nearly 2 percent during post-trading hours. The stock closed up 6.4 percent, after President Donald Trump announced on Monday that the $200 billion tariff on Chinese goods will avoid smartwatch makers and fitness trackers. Tilray Inc stock rose more than 5 percent