Bitcoin (BTC) may have tanked to six-month lows this week, but under the hood, the network is now verifiably stronger than ever. Data from on-chain monitoring resources including Glassnode and BTC.com confirms that as of Friday, the Bitcoin network difficulty is at a new all-time high. Difficulty passes 26 trillion for the first time The
admin
Bitcoin (BTC) stayed lower on Friday after an overnight bout of volatility sent the largest cryptocurrency to six-month lows. $40,000 optimism unwinds Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing at $38,250 after shedding over $4,000 in hours. Circling $39,000 at the time of writing, traders were reeling from the sudden downside, which came
WASHINGTON — The Federal Reserve released a long-awaited report examining the potential ramifications of issuing a digital version of the U.S. dollar, saying it would not create one without a clear directive from elected officials. The 40-page report, released Thursday, coincides with a request for feedback from the Fed on the impact of a hypothetical
Applied Optoelectronics and Jabil Circuit are both highlighted. Applied Optoelectronics: https://www.zacks.com/stock/quote/AAOI?cid=CS-YOUTUBE-FT-VID Jabil Circuit: https://www.zacks.com/stock/quote/JBL?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Spencer Platt | Getty Images IPO investors in a record-breaking issuance rush in 2021 have so far been disappointed by dismal returns, and the outlook for the once-booming market is only getting worse with rising rates and insider selling on the horizon. Last year, the number of U.S. traditional IPOs climbed to the highest levels
In this article CSX NFLX ISRG PPG In this photo illustration the Netflix logo in the App Store seen displayed on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in after-hours trading: Netflix — Netflix shares dropped 19% in extended trading after the company’s
President Biden’s intentions to split up his Build Back Better bill after Sen. Joe Manchin ended its hopes of passing last month offers public finance advocates new hope for the inclusion of advance refunding, a bank-qualified expansion and a direct-pay bond program in the resulting legislation. In a press conference Wednesday, Biden said he now
Knock, a digital homeownership platform, today released its ranking of the best housing markets by generation in 2022. Austin, Texas, ranks No. 1 for Millennials, while Miami is the best market for Gen X, and Pittsburgh tops the list for Baby Boomers. Austin and Knoxville, Tennessee, are the only metros to make two lists. Sean
A “Sold” sign stands outside a home following a snow fall in Geneseo, Illinois. Daniel Acker | Bloomberg | Getty Images Closed sales of previously owned homes in December fell 4.6% to a seasonally adjusted, annualized rate of 6.18 million units, according to the National Association of Realtors. Sales were down 7.1% year-over-year. Still, December
The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed at meeting climate change goals such as those set in the Paris Agreement, the regulator says. Bitcoin Mining Now Attacked in EU for Burning Too
Cryptocurrency mining has become a hot topic of conversation over the past couple of years due to its lucrative nature and the impact the industry has on the environment. The emergence of Web3 and the increased presence of Internet of Things (IoT) devices has led to a new class of low-cost mining protocols with low-power
We highlight 3 ultra-cheap ETFs that focus on high quality dividend payers. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Municipals faced another weaker day with benchmark yield curves seeing two to four basis point cuts, underperforming a slightly better U.S. Treasury market, while equities ended in the red. Munis played catch up to the large selloff in Treasuries since Friday, holding municipal to UST ratios steady. The five-year was at 54%, 68% in 10
Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), speaks during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Sept. 14, 2021. Bill Clark | Bloomberg | Getty Images Securities and Exchange Commission Chairman Gary Gensler said Wednesday that the regulator is eyeing tighter disclosure deadlines for hedge
In this article USB PG UNH STT MS SOFI Pampers Diapers, which are manufactured by Procter & Gamble, are displayed in an Associated Supermarket in New York. Ramin Talai | Bloomberg | Getty Images Check out the companies making headlines in midday trading. SoFi – Shares of the mobile financial services company surged more than
The Municipal Securities Rulemaking Board has launched EMMA Labs, its “innovation sandbox” that aims to enhance and accelerate the use of data analytics throughout the municipal securities market. The platform builds off of data submitted through EMMA and with the roll out of the platform, launches two “Active Labs,”: a keyword search engine that sources
There’s nothing like the view of snow-covered ski runs to whet one’s appetite for an easy-care vacation getaway. This stone and wood-sided residence at the Chalet at the Lodge at Vail 2 takes in south-facing vistas of the Gore Range and the slopes in Vail, Colorado. Set near Vail Ski Resort’s Gondola One and the
An ‘Open House’ sign is displayed as potential home buyers arrive at a property for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images Mortgage rates are rushing higher, and last week that caused a major divergence in mortgage demand. Refinancing continued to dry up, but homebuyers appear to be rushing into the
Are future prices written in the stars? Meet Maren Altman, presciently named for cryptocurrency, who combines astrology and day trading crypto into a winning blend. In 1973, Princeton University professor Burton Malkiel published his book A Random Walk Down Wall Street, in which he famously states that a “blindfolded monkey throwing darts at a newspaper’s
Opera, the Norway-based company behind the popular internet browser, has released the beta version of its new Crypto Browser Project. This crypto browser aims to facilitate the user experience of browsing DApps, games and metaverse platforms by offering direct access to Web3 services for Windows, Mac and Android users. The current Opera browser boasts a