In a last-ditch attempt to stall the sale of Mirror Trading International (MTI) assets, two masterminds of the collapsed bitcoin Ponzi scheme have warned investors that liquidating the investment company will likely result in them being asked to return all withdrawn bitcoins. Opposition to Attempts at Declaring MTI a Ponzi Scheme In a court filing
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Bitcoin (BTC) price appears to have faked out investors with its move to $42,000 last week and while the digital asset struggles to hold above $38,000, altcoins with strong fundamentals and real-world applications are gaining momentum. Terra (LUNA), a blockchain protocol that backs the fiat-pegged TerraUSD (UST) stablecoin, is one such project that has managed to
We have seen a number of new thematic ETFs launched this year. Some of them make sense and some don’t. But here’s a new ETF that provides investors a convenient way to profit from a new industry with massive growth potential. Mobileye: https://www.zacks.com/stock/quote/MBLY?cid=CS-YOUTUBE-FT-VID Cisco Systems: https://www.zacks.com/stock/quote/CSCO?cid=CS-YOUTUBE-FT-VID Skyworks Solutions: https://www.zacks.com/stock/quote/SWKS?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow
SpaceX rolls out Super Heavy Booster 4 in preparation for the company’s first orbital Starship launch. Elon Musk SpaceX on Tuesday rolled out the rocket booster that the company plans to use to launch the first Starship orbital flight, and Elon Musk shared photos of the enormous vehicle. A look inside SpaceX’s high bay after
Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, July 30, 2013. Andrew Harrer | Bloomberg | Getty Images The head of the SEC says that crypto assets need a lot more regulation before they can move forward. Speaking at the
Ramin Talaie | Corbis News | Getty Images Check out the companies making headlines after the bell. Lyft — The ride sharing company’s stock gained more than 1% after it reported quarterly results that beat analysts’ estimates. The company said demand continued growing in July even with heightened Covid-19 cases. Lyft reported a loss of
Elik Jaeger President & CEO at SuiteSpot Technology, frictionless facilities management PropTech for multifamily operators. As an asset manager, it’s your responsibility to ensure that your assets remain competitive and relevant, manage risk, drive revenue growth, and consequently find ways to increase the value of your property. If those assets include multifamily properties, that’s a challenging
No-Mad | iStock | Getty Images The Biden administration is expected to announce a new federal eviction moratorium on Tuesday, according to a source familiar with the matter. The eviction ban will be targeted at areas of the country experiencing high levels of coronavirus infections. The protection will last for 60 days until Oct. 3,
Municipals struck a firmer tone on the short end Tuesday as the new-issue calendar got underway, with strong competitive loans, while U.S. Treasuries held steady and equities strengthened into the afternoon. Triple-A benchmark yield curves were bumped on the short end as bonds inside of 10 years have been more tightly bid. Municipal-to-UST ratios were
New York City will require proof of vaccination for a variety of indoor activities from dining to health clubs and concerts, Bill de Blasio, the city’s mayor, announced on Tuesday. The city is believed to be the first in the US to introduce such restrictions as the highly infectious Delta coronavirus variant causes a rise
Federal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases. “I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on
Bitcoin (BTC) briefly fell below $38,000 on Aug. 3 as signs of a retracement from range highs continued to flow in. Caution before BTC price swing lower Data from Cointelegraph Markets Pro and TradingView showed BTC/USD tapping $37,960 on Bitstamp before rebounding. Still trading 3.7% lower on the day, the pair had come off local
In this article RKT Signage for Rocket Mortgage by Quicken Loans is displayed on a laptop computer in an arranged photograph taken in the Brooklyn borough of New York, U.S., on Thursday, Aug. 6, 2020. Gabby Jones | Bloomberg | Getty Images Shares of Rocket Companies jumped as much as 8% on Monday after the
In this article UIS SPG TTWO Shoppers ascend and descend escalators at the King of Prussia Mall, owned by Simon Property Group, United State’s largest retail shopping space, in King of Prussia, Pennsylvania. Mark Makela | Reuters Check out the companies making headlines after the bell: Take-Two Interactive Software — The video game company saw
Almost every real estate agent across the country has the same complaint right now: There’s not enough to sell. The boom of activity we saw last year has slowed down to a screeching halt, and now there are only limited numbers of houses on the market—with far more competition. So, what does that mean for
Bill Oxford | iStock | Getty Images Although the national ban on evictions is now over, a number of states have issued their own protections for renters that will last for months more. These local policies can buy tenants time to get approved for federal rental assistance and help them to stay in their homes.
As decentralized exchanges now represent a significant amount of crypto trading volume, it is vivid that these platforms will play a big role in the smart economy of the future. Automated market makers, in particular, changed the game by eliminating the need for order books entirely and replacing them with liquidity pools. This model was
Jeffrey Mark Baker, 72, of River Edge, N.J., a career municipal analyst who was known as a leader and innovator in the municipal market and was chair of two municipal organizations, died on July 26. Baker joined Chase Manhattan Bank in 1972 as a municipal analyst, and later retired from its predecessor firm JPMorgan Chase
Some US cities and companies are reintroducing face mask requirements, even for people who are fully vaccinated, in an effort to counter a spike of Covid-19 infections caused by the more transmissible Delta variant. San Francisco and six other Bay Area counties on Monday reinstated a universal mask mandate for indoor public places. “Indoor masking
Illinois Gov. J.B. Pritzker signed legislation moving governance of Chicago Public Schools to an elected school board, leaving the fate of $500 million of city financial obligations to the district unsettled. House Bill 2908 passed the legislature in June over the objections of Mayor Lori Lightfoot. Its sponsors sent it to Pritzker’s desk after promising