As the housing market cools quickly, house flippers are finding it harder to make fast profits. In the third quarter, gross flipping profit, which is the difference between the median purchase price paid by investors and the median resale price, dropped to $62,000, according to ATTOM, a real estate data provider. That’s down 18.4% from
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Bitcoin (BTC), Ether (ETH) and other cryptocurrencies have given back their gains despite cooling inflation. After jumping to one-month highs, BTC price action, as well as that of major altcoins, has reversed downwards — but why? Volatility across the board accompanied the latest United States macroeconomic data and comments on policy from the Federal Reserve.
DONETSK – A Ukrainian general said on Thursday that Moscow was digging in for a long war and still wanted to conquer the whole of Ukraine, as Russian forces pounded two strategic cities while Kyivs troops shelled Russian-controlled Donetsk in the east. Both sides have ruled out a Christmas truce and there are currently no
Like Framework Laptops, but still a work in progress — Dell concept laptop has pop-out components, disassembles screwdriver-free We watched Dell dismantle the PC in well under a minute. Scharon Harding – Dec 15, 2022 2:00 pm UTC Enlarge / Concept Luna taken apart. Scharon Harding reader comments 44 with 0 posters participating Share this
Bitcoin traded nearly flat and Ethereum was in the red on Wednesday evening after the U.S. Federal Reserve signaled more rate hikes for 2023. The global cryptocurrency market cap fell 0.3% to $867 billion at 8:05 p.m. EST. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin BTC/USD 0.4% 5.6% $17,832.16 Ethereum ETH/USD -0.75%
Its been a bad month for many in the crypto world, including Gemini Exchange and its owners and founders, billionaire twin brothers Tyler Winklevoss and Cameron Winklevoss. On November 16, 2022, Gemini announced on its blog: Genesis Global Capital, LLC (Genesis) the lending partner of the (Gemini) Earn program has paused withdrawals and will not
“Tesla has no working CEO” — Elon Musk offloads another $3.6 billion of Tesla stock Teslas share price is down 61% since start of 2022, trailing rivals Ford and GM. Dave Lee, Financial Times – Dec 15, 2022 2:23 pm UTC EnlargeGetty Images | San Francisco Chronicle/Hearst Newspapers reader comments 176 with 0 posters participating
Throughout 2022, the cryptocurrency sector sent out shockwaves that hitinvestors and those interested in entering into the market particularly Wall Street and fintech with themost recentcollapse of FTXhurting the development oftrust between Wall Street, fintech and cryptocurrencies. ButWall Street is still committed to entering the crypto industry, saidAdam Levine, vice president of corporate strategy at
The UK’s health minister on Thursday said that the government had no realistic way of meeting nurses’ pay demands as the first day of historic strikes got under way. Nurses across England, Wales and Northern Ireland will stage industrial action for 12 hours, after ministers refused to negotiate with the Royal College of Nursing over
Mike Belshe, the CEO of digital asset custodian BitGo has confirmed that Alameda Research attempted to redeem 3,000 Wrapped Bitcoin (wBTC) in the days before FTX’s bankruptcy filing on Nov. 11. During a Dec. 14 Twitter Spaces hosted by decentralized finance (DeFi) researcher Chris Blec, Belshe confirmed the firm knocked back the redemption request because
In this episode of hungry for returns, the question we are going to answer is: are there any options that can be used for swing trading ideas? We are going to talk about how you can use options, such as a butterfly or a diagonal, for swing trading. Check it out! #swingtrading #optionstrading #tradingstrategy #tradingoptions
Blockchain analytics firm Chainalysis has attempted to put the FTX collapse into perspective — comparing peak weekly-realized losses in the wake of the exchange’s collapse compared to previous major crypto collapses in 2022. The Dec. 14 report found the depegging of Terra USD (UST) in May saw weekly-realized losses peak at $20.5 billion, while the subsequent collapse
Considering an idyllic spot on the water in the Turks and Caicos Islands? Kira Isle, Leeward, on Providenciales may just be the ticket. The family-oriented community boasts a marina, restaurants, water sports companies and an international school, among other services, according to Gordon Williams of Grace Bay Realty. “Homeowners in this area have the luxury
Short-end municipals saw continued pressure Wednesday, further inverting the muni curve, while Fed Chairman Jerome Powell’s hawkish comments sent traders digesting the Fed’s next moves after the Federal Open Market Committee hiked rates 50 basis points. U.S. Treasuries ended the session slightly better after see-sawing post-FOMC and equities closed with losses. In his post-FOMC meeting
The Securities and Exchange Commission has proposed a new Regulation Best Execution that would establish a best execution standard, mandating that dealers in any transaction with a customer or a customer of another broker-dealer use reasonable diligence to determine the best market for the security and buy or sell so that the price is as
On Dec. 14, Bitcoin (BTC) price hit a 1-month high and saw a brief resurgence in bullish momentum, but the Federal Reserve’s Federal Open Market Committee (FOMC) hawkish report and comments from Fed chair Jerome Powell sent BTC to an intraday low at $17,659. Stocks and Bitcoin started the day slightly up but quickly retracted
Bitcoin risk-return is now presenting a macro buying opportunity, says Philip Swift as data shows a move from capitulation to accumulation. 7032 Total views 31 Total shares Listen to article 0:00 Markets News Own this piece of crypto history Collect this article as NFT Bitcoin (BTC) speculators have disappeared from the market and their mood
Sam Bankman-Fried, the founder and former CEO of Bitcoin and cryptocurrency exchange FTX, has been arrested in the Bahamas by local authorities. The arrest followed receipt of formal notification from the U.S. that it had filed criminal charges against SBF, per a statement from the Attorney General of the Bahamas. SBF’s extradition to the U.S.
ElonJet still on Truth Social — Twitter suspends @ElonJet plane-tracking bot after Musk pledged to leave it up Twitter claims Musk plane bot broke the rules but lets Gates and Zuck bots stay up. Jon Brodkin – Dec 14, 2022 4:25 pm UTC Enlarge / Elon Musk during a press conference after a SpaceX launch
Blockchain, the technology that underpins cryptocurrencies such as Bitcoin BTC/USD , can propel a traditional financial services firm into the next frontier of fintech. And yet, it's highly complicated and extremely scrutinized thanks to the current drama surrounding certain bad actors (i.e., Luna and FTX). "The scrutiny of the contagion of what has gone wrong