Bitcoin (BTC) revisited recent lows near $52,000 on April 22 as sustained weakness continued for the largest cryptocurrency. Traders await altcoin “magic” Cointelegraph Markets Pro and Tradingview revealed a lackluster day for BTC traders as BTC/USD briefly dipped below $53,000 before stabilizing around $1,000 higher. The move came as Bitcoin was about to lose its market
A group of anon uni students has come up with a way to hit former President Donald Trump where it hurts: by using his Tweets against him to raise money for charities they believe he “despises”. ‘Strategic Meme Group Incorporated’ has set up the website Drumpfs.io to sell Trump’s tweets, at least as recorded by
Municipals were steady on Wednesday as the focus remained on the primary with secondary trading light and high-grade municipal scales and U.S. Treasury yields both unchanged while investors again poured in billions into municipal bond mutual funds. “Munis continue to rest comfortably in their range as bulge bracket deals hit the primary,” Jeffrey Lipton, head
Mario Draghi will next week unveil a €221bn recovery package for a radical restructuring of Italy’s economy as it seeks to bounce back from its deepest recession since the second world war. The plan, which features big-ticket investments in high-speed rail and green energy, as well fully digitalising the country’s public administration, will draw on
What is the Mortgage Interest Deduction and how can you use it to help save money on your federal income taxes? In this episode of Personal Finance 101, Madeleine Johnson walks you through the basics. She also helps explain how this popular deduction was changed by the Tax Cuts and Jobs Act of 2017.
Global space provider Wework has announced that it will now accept payment in select cryptocurrencies. The company has partnered with Bitpay and Coinbase for inbound and outbound transactions. In addition, the Softbank-backed company says it will also hold the currency on its balance sheet. Wework Dives Into Crypto Wework announced Tuesday several initiatives regarding cryptocurrencies.
Ballard Spahr LLP has hired four attorneys from White and Williams LLP known for their work in real estate and commercial finance, mergers and acquisitions, according to licensing and corporate counseling firm chair Mark Stewart. The four began Monday. Partner Maulin Vidwans and of counsel Jennifer Santangelo joined the firm’s finance department. Partner Ryan Udell
Value investor Bill Miller told CNBC on Tuesday that one of his firm’s funds sold its GameStop holdings during the Reddit-fueled frenzy that began earlier this year. “We had GameStop in our deep-value product, and I think our cost on it was around $4 or something,” Miller said in an interview on “The Exchange.” “When it got
Traders work on the floor of the New York Stock Exchange. NYSE Stocks are now in a choppy period, and technical analysts say it has the look of a short-term pullback. Strategists say it would make sense for this week’s selling to fit in the pattern of many pullbacks with a 3% to 5% decline.
One team at the Solar Decathlon this year was particularly focused on a very important community – those military veterans returning home from wartime trauma with symptoms of PTSD. Nevada is reported to have 200,o00 veterans living in the State, making their project particularly relevant. The University of Las Vegas’ Mojave Bloom provides “a healing
Rocter | iStock | Getty Images Vacasa, which helps hosts not only list but manage their rental homes, is thinking about becoming a publicly traded stock, multiple sources told CNBC, looking to take advantage of an expected recovery in the vacation business as Covid vaccinations accelerate in the U.S. and federal and state governments lift
Institutional investors have rallied around XRP this past week, with the assets under management, or AUM, or XRP investment products nearly doubling. According to CoinShares’ weekly digital asset fund flows report, roughly $33 million flowed into XRP products this week, pushing the sector’s AUM up to $83 million. The report describes the week as the
Municipals were steady as the market digested large deals from California, New York and Washington state in a week heavy on state credits while Treasury yields fell and stocks were mixed. It was all about the primary Tuesday with the Triborough Bridge and Tunnel Authority MTA deal repricing as much as 17 basis points lower
A Minneapolis jury has reached a verdict in the trial of Derek Chauvin, the former police officer charged with killing George Floyd, whose death last year set off global protests over race and policing. The verdict will be announced between 4:30pm and 5pm Eastern Time, court officials said on Tuesday. The trial in Minneapolis has
It’s not all about technology or social media companies. These 5 companies are also in the earnings spotlight. Eli Lilly: https://www.zacks.com/stock/quote/ELY?cid=CS-YOUTUBE-FT-VID Visa: https://www.zacks.com/stock/quote/V?cid=CS-YOUTUBE-FT-VID Edwards Lifesciences: https://www.zacks.com/stock/quote/EW?cid=CS-YOUTUBE-FT-VID Deckers Brands: https://www.zacks.com/stock/quote/DECK?cid=CS-YOUTUBE-FT-VID Caterpillar: https://www.zacks.com/stock/quote/CAT?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
The price of Bitcoin (BTC) has been struggling to stay above $56,000 on April 20, which whale clusters pinpointed as a crucial short-term price level. Yet the U.S. dollar index (DXY) has continued to fall in recent weeks, dropping to its lowest point in seven weeks to 90.85. Why is this a concerning trend? Alternative
Municipals were flat as the market was salivating in anticipation of the arrival of billion dollar deals from three large specialty states as part of the week’s planned $10 billion bounty. No large deals were priced in the municipal market on Monday as attention focused on three separate billion-dollar deals planned for Tuesday from issuers
Rendering of a United Launch Alliance’ Atlas V rocket carrying Amazon satellites. ULA/Amazon Amazon is preparing to send its first Project Kuiper internet satellites into orbit, with Jeff Bezos‘ company announcing on Monday that it signed a contract with United Launch Alliance for nine launches. ULA, a joint venture of Boeing and Lockheed Martin, will
Traders on the New York Stock Exchange. Source: NYSE This is a very powerful rally. The combination of surprisingly strong economic reports and even more surprisingly strong earnings reports is pushing broad swaths of the U.S. stock market to new highs. Even the technicians are impressed. “The vast majority of NYSE stocks are in intermediate-term
In this article STLD ZION ELS UAL IBM Pedestrians walk past the IBM building in New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell on Monday: IBM — Shares of the computer hardware company ticked up 2.9% after IBM reported better-than-expected results for the first quarter. IBM posted earnings