Bitcoin (BTC) is currently facing a crucial resistance to break through after a massive rally of 70% since the recent low in July at $28,000. This resistance is found in the psychological area between $50,000 and $51,000 and can be classified as the final hurdle before a new all-time highs. This correction started when Michael
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In response to the housing shortage sweeping across the United States, ICON, the 3D printed home builder, has raised $207 million in a Series B round led by Norwest Venture Partners, for a total raise of $266 million. The Austin-based company will use the funds to quadruple its fleet of house-printing robots by year end,
A home, available for sale, is shown on August 12, 2021 in Houston, Texas. Brandon Bell | Getty Images Sales of existing homes in July rose 2% from June to a seasonally adjusted, annualized rate of 5.99 million units, according to the National Association of Realtors. These sales figures are based on closings, so it
Fitch Ratings has downgraded the San Francisco’s Bay Area Rapid Transit District to AA from AA-plus. The rating agency also maintained its negative outlook at the lower rating. Fitch’s action Thursday affects BART’s issuer default rating and $686 million in taxable sales tax revenue bonds. The agency had just shy of $2 billion of long-term
UK defence secretary Ben Wallace has warned of increasing risks of attacks on troops and evacuees at Kabul airport, as world leaders prepare to push Joe Biden to extend the US-led evacuation from Afghanistan beyond August 31. At an emergency G7 meeting, the US president will hear calls from allies including Boris Johnson, UK prime
In this article NGCA BA The modified 737 aircraft “Cosmic Girl” lifts off from Mojave Air and Space Port in California carrying a LauncherOne rocket on June 30, 2021. Virgin Orbit Virgin Orbit, the satellite-launching spinoff off of Sir Richard Branson’s Virgin Galactic, is preparing to go public, announcing Monday that it will merge with a SPAC
Take a look at some of the biggest movers in the premarket: Best Buy (BBY) – Best Buy shares rallied 4.3% in the premarket after the electronics retailer beat estimates on the top and bottom lines for the second quarter. Best Buy earned $2.98 per share, compared to a $1.85 a share. consensus estimate. Comparable-store
Most people on TV have an agenda to some degree. For example, if someone on TV says a stock is going to tank, they may be looking for their audience to sell the stock so they can purchase it at a lower price. They need a large group of people to change their persuasion in
COVID-19 has created an Apollo Mission status for advanced medical technologies and smart investors are profiting.
Municipals were unmoved in light trading to start the last week of August while U.S. Treasuries maintained Friday’s levels and equities advanced on news the FDA gave the Pfizer COVID-19 vaccine full approval. Municipal benchmark yield curves continued to hold steady for the seventh day as investors await a diverse primary that includes gilt-edged Montgomery
Bitcoin (BTC) is wowing the market by holding $50,000, but a bullish metric is pointing to much larger potential gains. Data from TradingView now clearly shows that the weekly moving average convergence/ divergence (MACD) indicator for BTC/USD has flipped from red to green. Time for another 5.5X BTC price surge? There is no shortage of
A Malibu spec home aiming for a Zero Carbon Certification (ZCC) hits the market for $32 million. Located in Ventura, Calif., developer Crown Pointe Estate’s “Zero 1” residence is seeking an elusive green certification and a serious eco-warrior buyer. The six-bedroom, nine-bathroom home sits in 14,429 square feet. It is the first of the MariSol
In this article UWMC Tony Andrews | Twenty20 Starting later this year, U.S. homebuyers will have the option to pay for their mortgage in bitcoin. United Wholesale Mortgage, which made its public debut in January via a special purpose acquisition (SPAC) merger, announced plans this week to accept cryptocurrency for home loans, in what is
Municipal note issuance in the first half of 2021 was down from a year earlier as states and municipalities had less need for short-term borrowing amid recent COVID-19 federal aid and rising tax receipts. Issuance dropped to $16.49 billion in 960 deals in the first six months of the year, from $19.17 billion in 1,047
Cardano blockchain’s native asset ADA reached a new record high on Aug. 23 as investors pinned hopes on an upcoming smart contracts feature that expects to boost the cryptocurrency’s adoption. The ADA/USD exchange rate topped out at $2.899 around 09:00 UTC, raising anticipations that it would easily close above $3 in the coming sessions. Many
Nato members’ hopes that the US will extend the emergency evacuation from Afghanistan beyond August 31 were in doubt because of the risk of Taliban opposition, a British defence minister admitted on Monday. James Heappey said the Taliban “gets a vote” on whether to allow the air bridge out of Kabul to continue beyond the
Everyone is wild about nonfungible tokens (NFTs). The first half of 2021 alone saw NFTs from Andy Warhol, NFTs of the code for the World Wide Web, the first-ever Tweet and, of course, the famous $69 million NFT sale of Beeple’s “Everydays.” Whether this explosive rise of NFTs is a flash in the pan or
Elon Musk’s SpaceX revealed new details about plans for the next-generation of satellites in its Starlink internet system in federal filings on Wednesday, including that the company intends to use its massive Starship rocket as the primary vehicle to deliver the spacecraft to orbit. SpaceX filed an amendment with the Federal Communications Commission that included
In this article TRIL-CA MRNA PFE 22UA-DE COIN BA Check out the companies making headlines before the bell: Boeing (BA) – Boeing added 1.2% in the premarket, following news that it planned to invest in a SPAC merger planned later this year by Richard Branson’s satellite launch company Virgin Orbit. Virgin Orbit plans to merge
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