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Chain (XCN) ignores the wider-market downtrend by rallying 100%+ over the past month
May was an incredibly challenging month for the cryptocurrency market as a majority of tokens booked heavy losses as a bear market was confirmed, but not every project dropped back to pre-bull market lows. Chain (XCN), a protocol designed to help organizations launch their own blockchain network or connect with other more established networks, managed…
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Eurozone inflation hits record 8.1%
Eurozone inflation rose faster than expected in the year to May, setting a new record for the single currency bloc of 8.1 per cent and piling pressure on the European Central Bank to speed up the withdrawal of its ultra-loose monetary policy. The surge in eurozone price growth, from 7.4 per cent the previous month,…
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Shiba Inu founder deletes social media posts, steps down from community
Pseudonymous Shiba Inu (SHIB) founder ‘Ryoshi’ has walked away from the community after deleting all of their Tweets and blog posts this week. Much like Bitcoin (BTC) founder Satoshi Nakamoto, Ryoshi’s identity has remained unknown since the project launched in August 2020. Additionally, they have also held a hands-off approach to the memecoin much like…
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S&P 500 futures slip following last week’s bounce
Traders on the floor of the NYSE, May 23, 2022. Source: NYSE U.S. stock futures rose on Monday night, as Wall Street tried to build on last week’s momentum. Dow Jones Industrial Average futures rose by 59 points, or 0.2%. S&P 500 and Nasdaq 100 futures climbed 0.4% and 0.8%, respectively. The U.S. stock market…
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Gold Star Family Tributes Bring Memorial Day Home Daily
Lieutenant Commander Landon Jones was killed on September 22, 2013, when his helicopter crashed into the Red Sea. He was based out of Naval Air Station North Island in Coronado, California, where his widow Theresa and sons Anthony and Hunter still live. LCDR Jones, along with Chief Warrant Officer 3 Jonathan Gibson who died in…
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Here’s what you need to know about reverse mortgages
William_potter | Istock | Getty Images With the stock market getting volatile but the housing market still hot, reverse mortgages have become a more attractive tool for older Americans who need cash for retirement but want to stay in their homes. Home Equity Conversion Mortgage loan volume was up 26% in March, according to data…
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InfraStrategies hires second official from LA Metro’s P3 office
Infrastructure consulting firm InfraStrategies LLC, which provides infrastructure financing advice to a number of major issuers nationwide, has brought on board Emma Huang from the Los Angeles County Metropolitan Authority’s Office of Extraordinary Innovation. Huang follows the firm’s January hire of Joshua Schank, who ran LA Metro’s Office of Extraordinary Innovation, which oversees the agency’s…
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???? Quick Tip Take a Break After a Huge Stock Trade Win
Here’s a quick tip you shouldn’t ignore with your trades! It is very important to TAKE A BREAK after a huge trade win. Why, you ask? Check this out and avoid doing the same things! Think like a trader — have a trader mentality. #stocktrading #trading #investing #stocks #tradingtips Posted at: https://tradersfly.com/blog/quick-tip-take-a-break-after-a-huge-stock-trade-win/ ???? Newsletter &…
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PREPA parties seek extra month for debt deal negotiations
Parties in the Puerto Rico Electric Power Authority bankruptcy asked the judge Wednesday for an extra month to negotiate a debt restructuring deal. The Puerto Rico Oversight Board made the request on behalf of the the Fiscal Agency and Financial Advisory Authority, National Public Finance Guarantee, Assured Guaranty, Syncora Guarantee, Ad Hoc Group of PREPA…
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Oil price breaches $120 a barrel on supply concerns
Oil rose higher than $120 a barrel on Monday as tightness in refined fuel markets and concern over supplies from Russia propelled prices to the highest level in two months. Brent crude, the international benchmark, hit a two-month high of $120.50 a barrel in early trading, up 1 per cent ahead of the July contract’s…
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Record high Memorial Day gas prices are stinging consumers and impacting travel
A gas station is seen as the average price of gasoline reach all-time high at $4.37 per gallon (about 3.8 liters) in Virginia, USA on May 10, 2022. It’s claimed that gasoline prices vary by region. Yasin Ozturk | Anadolu Agency | Getty Images Memorial Day marks the start of the summer driving season, and…
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Estate On Florida’s Vero Beach Barrier Island Is Long On Privacy
It’s hard to put a dollar value on privacy. But for those who crave it, priceless would be a good place to start. In fact, privacy is ranked as just as important in home buying as proximity to family and friends in a 2022 trend analysis by John Burns Real Estate Consulting. At the very…
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There’s a ‘massive gap’ between housing demand and supply in Singapore, PropertyGuru CEO says
Supply constraints are driving up property prices and rents in Singapore, the chief executive officer of a real estate company said Friday. “You can see a massive gap opening up between demand and supply,” said Hari Krishnan of PropertyGuru. Singapore introduced measures to cool the property market in December 2021, but analysts told CNBC in…
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Bitcoin Lightning Network capacity crosses 3900 BTC marking a new ATH
Unwithered by the ongoing bear market, Bitcoin’s (BTC) underlying architecture continues to outperform itself — further securing, decentralizing and speeding up the impenetrable peer-to-peer network. The same holds true for the Bitcoin Lightning Network (LN). The Bitcoin Lightning Network capacity attained an all-time high of 3915.776 BTC as evidenced by data from Bitcoin Visuals, displaying a commitment…
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SEC proposal on ESG a precedent for munis
The Securities and Exchange Commission’s proposed amendments to its Names Rule may not have a direct effect on the municipal bond industry today, though market participants believe it could influence proposals the SEC’s Office of Municipal Securities is considering for the future. The proposal comes days after BNY Mellon was fined $1.5 million by the…
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Earnings Beat Estimates, But Stock Still Dropped 20%!
In this episode of hungry for returns, we are going to talk about the different reasons why a stock may still drop, even when earnings beat the estimates. #stocks #stockearnings #droppedstock #stockmarket Posted at: https://tradersfly.com/blog/earnings-beat-estimates-hfr-12/ ???? Newsletter & Announcements : https://tradersfly.com/go/tube/ ???? Discord Group: https://tradersfly.com/go/discord/ ???? Freebies: https://tradersfly.com/go/freebies/ ???? Start Here: https://tradersfly.com/go/start/ ???? Options Basics:…
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Top 5 cryptocurrencies to watch this week: BTC, ETH, XTZ, KCS, AAVE
After declining for eight successive weeks, the Dow Jones Industrial Average rebounded sharply last week to finish higher by 6.2%. However, Bitcoin (BTC) has not been able to replicate the performance of the United States equities markets and is threatening to paint a red candle for the ninth week in a row. A positive sign…
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Texas lawmakers target property tax relief as home values climb
Rising home values are putting the spotlight on property taxes in Texas, where state lawmakers are eying tax relief options for the upcoming legislative session even as previously approved measures are slowing the growth in tax bills. Preliminary residential property values are up an average 24%, according to a Texas Association of Appraisal Districts poll…
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UK admits it has no idea how much tax is being evaded through offshore assets
The UK tax authority has admitted it has no idea how much tax is being evaded by UK residents holding money offshore, after new figures revealed hundreds of billions of pounds was held in tax havens. HM Revenue & Customs disclosed in freedom of information requests that UK residents had £850bn in financial accounts overseas…
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JPMorgan sees higher BTC price potential, a16z unveils $4.5 billion crypto fund and PayPal hints at more crypto involvement: Hodler’s Digest, May 22-28
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Andreessen Horowitz closes $4.5 billion crypto fund amid market turmoil…
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