Bitcoin's Plunge Turns the Winklevoss Twins Into Ex-Billionaires

1, according to consolidated pricing data collated by Bloomberg. It peaked at $19,511 on Dec. 18. Still, the twins may not be too concerned. They intend to hold their Bitcoin for the long-term and expect it to “appreciate by 10 to 20 times its current value,” Cameron Winklevoss said in a Dec. 8 interview
See Original Article

As more international travelers decide to skip the United States, 10 business associations, including the U.S. Chamber of Commerce and the National Restaurant Association, have created a travel industry group aimed at reversing the growing unpopularity of the U.S. as a vacation destination.
See Original Article

President Donald Trump has come to see that Nafta has some benefits to the U.S., particularly for farming, even as he stays firm in his demand for a new deal, Agriculture Secretary Sonny Perdue said. Sonny Perdue. Photographer: Brendan Smialowski/AFP via Getty Images. Trump “probably left the
See Original Article

We look forward to positively engaging with the company about this development.” The NUJ criticised The Independent in for closing the print titles in a “deal clinched behind closed doors, without any consultation or attempts to engage with staff”. The previous incarnation of the Independent NUJ chapel
See Original Article

The restructuring comes as Throsby, backed by Chief Executive Officer Jes Staley, encourages the investment bank to take more risks and recapture market share after years of retrenchment and dwindling profitability. Throsby has pledged to reignite “commercial zeal” within the business and warned
See Original Article

Bitcoin and other digital currencies are in a tailspin. For the second day in a row, the market is showing substantial declines, with most cryptocurrencies falling 20 to 40% over the past 24 hours. As of 9 a.m. ET Wednesday, the top 10 cryptocurrencies, including Bitcoin, Ethereum, and Ripple, have seen
See Original Article

Michael Davenport, the former bassist for the pop-punk band The Ataris, has been charged with conspiracy to commit mail and wire fraud, five counts of wire fraud, and one count of mail fraud. The indictment against Davenport, 49, and a woman named Cynthia Rawlinson, 51, which was obtained by
See Original Article

TORONTO — The Royal Bank of Canada (TSX:RY) is raising its prime lending rate by a quarter of a percentage point in the wake of the Bank of Canada's decision to raise its key interest rate target. The increase raises RBC's rate to 3.45 per cent, effective Thursday. Changes in the prime rate affect
See Original Article

Google wants to help its corporate customers “see” photos better with the assistance of artificial intelligence. The search giant unveiled a new service on Wednesday for businesses to build apps that can automatically recognize images. It is a technology akin to Google's image search tool that can
See Original Article

Emmitt Smith has found success in a variety of arenas since retiring as the NFL's all-time leading rusher and one of the greatest Dallas Cowboys to ever wear the star. He has covered the NFL as a broadcaster. He's dipped his toe into other, more surprising areas such as Dancing With the Stars. And he
See Original Article

NEWPORT BEACH, Calif., Jan. 17, 2018 /PRNewswire/ — Known for his unfiltered opinion on all things, especially the world of real estate, Spyro Kemble has completed his first book, currently being published. The collection of material within Reality Check: Lessons learned, candor and consequence,
See Original Article

Shares of Alexandria Real Estate Equities (ARE) are moving on volatility today 0.02% or 0.02 from the open. The NYSE listed company saw a recent bid of 124.95 and 161390 shares have traded hands in the session. Investors may be circling the wagons wondering what's in store for the stock market
See Original Article

The report, which surveyed 1000 people in November last year, found that nearly 80 per cent of respondents believed banks were becoming more customer-focused, up from 63 per cent in May. The research found that 86 per cent of people believed banks help customers to make decisions in their
See Original Article

The below chart shows the conventional fixed five-year mortgage rate, which is an average of the Big Six banks' posted rates, published by the Bank of Canada over the past decade. (Borrowers typically end up paying a lower rate than is indicated here, owing to discounts and special offers, but it serves
See Original Article

LOS ANGELES, CA (January 17, 2018) — Resitrader Inc.,the leadingonline exchange for whole loan trading in the secondary mortgage market, announced it has completed connectivity of its digital pricing and commitment platform with Freddie Mac. The streamlined interface with Freddie Mac enables
See Original Article

The Korean company unveiled a new version of the popular smartphone Tuesday evening, a special Olympic Games Limited Edition to commemorate the PyeongChang 2018 Winter Games. Rather than sell the handset in stores, Samsung will instead be passing the phone out as a gift to all of the
See Original Article

Apple Inc. said it will bring hundreds of billions of overseas dollars back to the U.S., pay about $38 billion in taxes on the money and invest tens of billions on domestic jobs, manufacturing and data centers in the coming years. The iPhone maker plans capital expenditures of $30 billion in the U.S. over
See Original Article

As trends in the real estate industry continue to shift, how will the state's northernmost counties be impacted? An event today in Downtown Newark will bring those involved in the business together in order to answer that question. This afternoon, the North Jersey Transportation Planning Authority
See Original Article

… to buy Bitcoins from a vendor in any country, you must have a bank account and an ID in that country. For instance, since Indians cannot buy Bitcoins from Coinbase, they are stuck buying from local vendors. Therefore, the prices of the local vendors are irrespective of the international vendors.
See Original Article

Sentiment among America's homebuilders eased in January to the second-highest level since 2005, a sign the housing market will continue to make strides this year, according to data Wednesday from the National Association of Home Builders/Wells Fargo. The Housing Market Index fell to 72
See Original Article