Users of WEX, the cryptocurrency exchange built on the ashes of BTC-e, are reporting withdrawal problems, raising new questions about an already mysterious trading platform. “Dear Wex, when withdraws will enable ??” asked Twitter user Alireza Moosavi on Friday, joining a crowd of Wex customers complaining they couldn’t withdraw their funds for the second day in
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Can you make money from trading in gold? With an increasing number of technology startups diversifying and innovating in a number of different industries within the financial sector, this has in turn, has opened up many ways that retail consumers can make a little bit of cash on the side. Tomorrow Goldex, the first smart
It may not have been the asset’s biggest rally, but it’s hard to say bitcoin isn’t building on gains. Since hitting an annual low of $5,785 in June, bitcoin has increased roughly 15 percent against the U.S. dollar, and technical indicators suggest the cryptocurrency might not be calling it quits just yet. That said, you’d
The U.S. economy is more vibrant than it has been in years, yet the bond market insists a recession could be on the horizon. Some market pros say that warning from the Treasury yield curve, which has long been viewed as reliable, is not as relevant as it once was because of the long years
Shutterstock Taxpayer asks: Dear Taxgirl, My husband was told that if he reclassified our home to a rental property and rents it to me then we could avoid the $10K tax cap as the real estate taxes, mortgage interest, and other related expenses would fall under Schedule E. We would then be able to take
There’s another list out of the best places to retire, this time by personal finance website Bankrate.com. South Dakota came in first place. Although a recent list in Business Insider called Florida the winner, and a ranking last year in Money Magazine crowned New Hampshire. If you’re overwhelmed by the many listicles of where you
Networking company stocks fell off Friday following a report by The Information that Amazon Web Services is considering selling its own network switching devices. Cisco dropped 4 percent by the end of trading, representing a loss in stock value of roughly $8.5 billion. Juniper gave up more than 2 percent. Arista Networks dropped more than
Cryptocurrency trading has always been fundamentally different from traditional finance in lots of ways. It’s more inclusive, easier to make big and quick gains, has lower barriers to entry, and doesn’t require huge startup costs. Maybe these are the reasons why crypto has been so fiercely and constantly undermined by the elitist financial class ever
Cryptocurrencies generally see a price increase after being added to an exchange, but with Coinbase the rise can be meteoric – even when nothing is actually being added. The exchange announced Friday that it was looking into potentially adding cardano’s ADA token, basic attention token, stellar, zcash and 0x to its platform, and each of
The stock market started off the week on a bullish note, as the strong close on July 6th, a reaction to the strong jobs report, signaled that the markets major trend had resumed. The short-term analysis forecasted a likely pullback during the week, which was supported by the fact that the averages hit my initial
Bitcoin (BTC) may be up slightly at the start of Friday’s session, but it remains to be seen if it can build traction above $6,000. The world’s largest cryptocurrency by market capitalization is now down 37 percent from its May 5th high at $9,996 according to CoinDesk’s Bitcoin Price Index, though it’s rebounded to a crucial
President Donald Trump‘s meeting with Russian President Vladimir Putin is the main event in the week ahead. But for the stock market, what companies say about their earnings and whether Trump’s trade policies are affecting their future plans may have the most impact. Trump meets Putin on Monday in Helsinki, and the president says the
Share to facebook Share to twitter Share to linkedin On the lower-ground floor, the large kitchen and informal dining area with customized natural oak dining table illuminated by a Louis Poulsen pendant light straddle both the existing house space and the new extension, while the square limestone tile flooring continues through to the outside terrace,
If homeownership is your American dream, here is a wake-up call. It could take more than six years to save up for a down payment. High rents and high home prices have hit affordability where it hurts, lengthening the amount of time most potential buyers will need to even think about financing a home. For
Huge sums of investor cash have poured into exchange-traded funds during this past year (and during the whole bull market) with billions of dollars sitting passively in funds betting on the very largest U.S. stocks. But new research suggests this money is betting on funds with a methodology that might not offer the best returns
The King has left the hedge fund building. Now, Steven Cohen, otherwise known as the ‘Hedge Fund King’, has entered the world of cryptocurrency. Yes, the headlines are true: Steven Cohen invests in a crypto hedge fund. Steven Cohen Invests in Crypto Hedge Fund Cohen, a Billionaire investor, is still technically involved in the hedge fund
As a new entrant into the cryptocurrency field, Vlad Tenev, co-CEO of online investment brokerage Robinhood, is following a time-honored business strategy: Undercut the competition. Except he’s taking it to an extreme. Launched early this year, Robinhood Crypto is differentiating itself with zero-fee transactions, with the ultimate goal of doing away with the concept of trading fees in
Russian President Vladimir Putin meets with his American counterpart on Monday. Expect fireworks and collusion hashtags. (Photo by Mikhail Svetlov/Getty Images) President Trump and Vladimir Putin meet on Monday. Oh no. Run for your life. It’s collusion. Go nuts on Twitter; hyperventilate… Bloomberg’s Leonid Bershidsky said it best when he predicted the July 16 meeting
Bitcoin’s (BTC) sharp recovery from two-week lows hit yesterday has raised the odds of a stronger rally towards $6,400, technical studies indicate. As of writing, the leading cryptocurrency is changing hands at $6,245 on Bitfinex. BTC was expected to drop below $6,000 in the last 24 hours as the bears were on the offensive following
This is a somewhat unusual earnings season with a lot of moving parts. Expect to hear about tax cuts, buybacks, big revenue gains, trade wars and very high future earnings expectations. It’s all a rather volatile stew, and the stock market is clearly expecting a positive outcome. The stakes are high, with 20 percent profit
Check out which companies are making headlines before the bell: JPMorgan Chase – The bank earned $2.29 per share for the second quarter, beating forecasts by 7 cents a share. Revenue was also above forecasts, helped by what CEO Jamie Dimon called “open and active capital markets” that helped drive fee and markets revenue. Walt
OLNEY, MD-AUGUST 30: The Henley Model at Trotters Glen on August 30, 2016 in Olney Maryland. (Photo by Benjamin C. Tankersley/For The Washington Post via Getty Images) Have you ever driven by a sign that said “brand new community” and wondered what it must be like to live there? After all, who wouldn’t want to
The most competitive, tightest housing market in decades may finally be loosening its grip, and that could put pressure on overheated home prices. The supply of homes for sale in the second quarter of 2018, the all-important spring market, rose at three times the rate of the same period in 2017, according to Trulia, a
The Dow is getting whiplash this week. The blue-chip index is seeing another triple-digit rally on Thursday, its second since Monday, after a trade sell-off midweek. Matt Maley, equity strategist at Miller Tabak, sees two Dow stocks to buy and one he would avoid in this market’s swings and roundabouts. A stronger dollar and trade
Robinhood Exchange: Robinhood, the Financial services mobile app which launched in February of this year, has just announced further developments on its platform. Robinhood has now added support for Litecoin (LTC) and Bitcoin Cash (BCH). Currently, the Robinhood platform reaches 5 million users and the goal of the Fintech Startup is to “further expand our coin
Binance, one of the biggest cryptocurrency exchanges in the world, is reportedly among a number of investors backing a decentralized bank to be launched in Malta. Bloomberg reported Thursday that Binance had confirmed it has acquired a 5 percent stake in the so-called Founders Bank at a €133 million euro ($155 million) pre-investment valuation. Founders Bank
You gotta love the believers. TenX’s co-founder Julian Hosp is definitely bullish about market leader BTC with his prediction for the second half of 2018. At the RISE tech conference in Hong Kong the crypto wallet and card start-up founder said to CNBC: “I predicted for 2018, we’re going to see $5,000 and $60,000. So
Hello friends! No one wants a trade war except for maybe Trump and his team of staunch China hawks. In the early stages of battle, they are winning. But for how long is anybody’s guess. No one wants this to last long enough to get to the answer on whether a trade war with China
Bitcoin (BTC) traded largely sideways over the last 24 hours, though a dip soon before press time may threaten a developing bullish chart pattern if the price moves below $6,000. BTC’s drop below the 10-day moving average (MA) on Tuesday neutralized the immediate bullish outlook and shifted risk in favor of a sell-off to $6,000.
On the way to work early Wednesday morning, the main topic of conversation was the fact that the Dow futures were down less than 200 points, a surprise given the announcement of tariffs on an additional $200 billion of China exports the previous evening. You would have thought the market reaction would have been much