CryptoCoins News, 1/1/0001 12:00 AM PST […] The post Analysts Warn Investors About Bitcoin Trust’s Price, Citing a ‘Bubble’ in Soaring Value appeared first on CryptoCoinsNews. |
Business Insider, 1/1/0001 12:00 AM PST Stocks slid on Thursday as an earnings miss from Macy's rippled through the retail sector and raised questions about US consumer growth. All three major indices slid less than 0.3% as stocks stayed mired in a tight trading range. The S&P 500 and Nasdaq Composite fell slightly from a record highs reached on Wednesday. First up, the scoreboard:
1. Department stores took a bath after earnings. Reports from Macy's and Kohl's pushed those stocks lower in early trading while Nordstrom shares sunk ahead of its quarterly report, which will come after the close. 2. Snap got destroyed after its earnings disaster. The newly public company plummeted after a disappointing earnings report that saw user growth slow to its lowest pace in years. 3. This chart shows how America stacks up in trade with everyone in the world. A Goldman Sachs equity research team led by Robert D. Boroujerdi shared a chart in a research report to clients showing the trade balance of goods by trading partner for 2014. 4. Some of the biggest names on Wall Street all love the same stock market. The high cost of US stocks has many Wall Streeters looking for more affordable markets with better opportunities for growth. One such market is India. 5. The banks that were in charge of Snap's IPO love it — even after the company's disastrous earnings report. Colead bookrunners Goldman Sachs and Morgan Stanley still have buy ratings on Snap after it reported earnings, and neither adjusted their price target downward. ADDITIONALLY: A top banker explains why he left Wells Fargo to join a tech company Macy's might shut down more stores There's a huge amount of pressure on Snap's latest initiative Here are the 9 best US housing markets for investment Here's how US trade policy has changed over the last century Join the conversation about this story » NOW WATCH: Animated map of what Earth would look like if all the ice melted |
CryptoCoins News, 1/1/0001 12:00 AM PST […] The post Ripple Unveils Strategy to ‘Become More Decentralized than Bitcoin’ appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST […] The post Ripple Unveils Strategy to ‘Become More Decentralized than Bitcoin’ appeared first on CryptoCoinsNews. |
Gizmodo, 1/1/0001 12:00 AM PST Another day, another cryptocurrency clusterfuck. This week, the creator of the tipping bot “dogetipbot”—a service that let Reddit users “tip” each other in Dogecoin—announced that his company is broke, he’s broke, and the bot is broke because he spent all the coins, after he himself ran out of money. |
Business Insider, 1/1/0001 12:00 AM PST Bitcoin is trading at another record high on Thursday. The cryptocurrency is up 4.59% at $1853.55 a coin after Ulmart, Russia's largest online retailer, said it would begin accepting bitcoin, Cryptocoin News says. The announcement from Ulmart comes despite Russia's central bank saying it would wait until 2018 to consider allowing the use of bitcoin and other cryptocurrencies. At the beginning of April, Japan's regulators announced bitcoin is now a legal payment method in the country. Bitcoin's has gained in 18 of the past 20 sesssions, a streak that has added nearly 60% to the cryptocurrency's price. It began the run trading at about $1,170 a coin. Bitcoin has shrugged off China restricting trade, the SEC's rejection of two bitcoin ETFs, and threats from developers to create a "hard fork" that would split the cryptocurrency in two, on its way to a gain of more than 95% so far this year. It has been the top performing currency every year since 2010, aside from 2014. Traders are currently on the lookout for the US Securities and Exchange Commission's ruling on whether it will reverse its decision to reject the Winklevoss twins' exchange-traded fund. Back in March, the SEC rejected two bitcoin ETFs, saying it "is disapproving this proposed rule change because it does not find the proposal to be consistent with Section 6(b)(5) of the Exchange Act, which requires, among other things, that the rules of a national securities exchange be designed to prevent fraudulent and manipulative acts and practices and to protect investors and the public interest." A ruling will be handed down no later than May 15. SEE ALSO: The price of Bitcoin just hit an all new high — here's how easy it is to buy your first one Join the conversation about this story » NOW WATCH: Animated map of what Earth would look like if all the ice melted |
CryptoCoins News, 1/1/0001 12:00 AM PST […] The post While Bitcoin Price Hits Record Highs, Nearly 100,000 Transactions Are Stuck in a Backlog appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST […] The post Litecoin Successfully Activates Segwit appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST […] The post Bitcoin Price Hits New All-Time High Above $1,800 appeared first on CryptoCoinsNews. |
CoinDesk, 1/1/0001 12:00 AM PST Coinify has inked a new deal with point-of-sale provider Countr that will bring access to cryptocurrency to more consumers. |
CryptoCoins News, 1/1/0001 12:00 AM PST […] The post Russia’s Largest Online Retailer Will Accept Bitcoin Despite Central Bank Slapdown appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST […] The post Bitcoin P2P Lender Bitbond Secures €5 Million to Fund Loans appeared first on CryptoCoinsNews. |
CoinDesk, 1/1/0001 12:00 AM PST Bitcoin's price rose above $1,800 this morning, setting a new all-time high just over a day since passing the $1,700 mark. |
CoinDesk, 1/1/0001 12:00 AM PST Dave Carlson, founder of bitcoin mining enterprise MegaBigPower, is riding the ICO wave and selling tokens to access his latest mining venture. |
CryptoCoins News, 1/1/0001 12:00 AM PST […] The post (+) What if Bitcoin Falls? appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST […] The post (+) Analysis of Stellar Lumens, Bitcoin, Ethereum, Monero, Litecoin and Ripple appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST […] The post (+) Analysis of Stellar Lumens, Bitcoin, Ethereum, Monero, Litecoin and Ripple appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST […] The post (+) Analysis of Stellar Lumens, Bitcoin, Ethereum, Monero, Litecoin and Ripple appeared first on CryptoCoinsNews. |