Short Seller Says Naive Bitcoin Traders Open a Pathway to Profit

Short Seller Says Naive Bitcoin Traders Open a Pathway to Profit

He then followed that up with comments on Bloomberg Television. “There's an incredibly naïve investor base behind this who doesn't want to check the extra boxes off to open a futures account,” he said. The gap between the trust's price and holdings “has to do with investors out there that do not know
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Trump Nominee Who Struggled to Answer Basic Questions Withdraws

Hoo-boy. pic.twitter.com/fphQx2o1rc. — Sheldon Whitehouse (@SenWhitehouse) December 15, 2017. In his resignation letter to the president, which was obtained by The Associated Press, Petersen said that while he was honored to have been nominated for the position, “it has become clear to me
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Yield Curve Inversions and Stocks Are a Toxic Mix

The average return in these periods was a gain of more than 15 percent; there was just one downturn, which occurred after the dot-com bust in the early 2000s. Although the stock market doesn't need to see a recession for a large correction, it's a safe bet that an economic contraction will lead to a
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Farewell to the 747, the Plane That Shrank the World

But over the past 10 years, sales of the latest Boeing 747 model have dwindled, and the jet's future, to the extent that there is one, will be as a freighter, said George Ferguson, aerospace analyst with Bloomberg Intelligence. United Parcel Service Inc. holds all but three of the unfilled orders left for the 747
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Science Applications International Corporation (NYSE:SAIC) – Which Option is Best? – Buy or Sell

Shares of Science Applications International Corporation (NYSE:SAIC) closed the previous trading session at $77.63, experiencing a change of 1.93% with 1,627,639 shares trading hands. The stock holds an average trading capacity of 335.60K shares for the past three months. When we compare its
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Central City Affordable Housing Group Receives $8000 Grant

NEW ORLEANS–(BUSINESS WIRE)–Central City Housing Development Corporation (CCHDC) received an $8,000 Partnership Grant Program (PGP) award from IBERIABANK and the Federal Home Loan Bank of Dallas (FHLB Dallas) during a check presentation last week at IBERIABANK that it will
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Bank Of America: It's A Good Time To Be A Bank

Looking forward, I have no reason to believe that corporate banking activity or loan growth will be any less robust in 4Q17. But as usual, I remain … As the year draws to an end, the stocks of some of my favorite diversified banks, including Bank of America (BAC), have been on the rise. Against this
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You'll Have to Travel to Massachusetts to Try This Dunkin' Donuts Beer

Dunkin' Donuts has teamed up with one Massachusetts brewery to create a Dunkin' Donuts-themed beer. The beer, called DDark Roasted Brew will be the first beer to be made using the donut chain's dark roasted coffee beans. The brewery describes the stout as having “ a full-roasted coffee flavor
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You Play This iPhone X Game With Your Eyebrows

One game developer is using the iPhone X's face-recognition feature in an interesting way: allowing you to play the game using your eyebrows. Aptly named Rainbrow, the app uses the iPhone X's TrueDepth sensor and ARKit augmented reality platform in a game where you have to move a smiley face
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Dime Community Completes $280 Million Securitization of Multifamily Loans

BROOKLYN, N.Y., Dec. 18, 2017 (GLOBE NEWSWIRE) — Dime Community Bank (the “Bank”), a subsidiary of Dime Community Bancshares, Inc. (the “Company”) (NASDAQ: DCOM), announced today that it completed a securitization of $280 million of its multifamily loans through a Freddie Mac
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Mary Mack to Lead Wells Fargo's Consumer Lending and Community Banking Organizations

SAN FRANCISCO–(BUSINESS WIRE)–Wells Fargo & Company (NYSE: WFC) announced today that effective immediately it has appointed Mary Mack to head the company's Consumer Lending business, in addition to Community Banking, expanding the senior executive vice president's
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Twitter Suspends Britain First Leaders Who President Trump Retweeted

Twitter has suspended the accounts of Paul Golding, leader of the far-right British political party Britain First, and his deputy Jayda Fransen. Both their accounts and past tweets are unavailable, along with their party's official Twitter account—all of which featured posts demonizing immigrants and Muslims
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Department of Defense Publishes Amends and Adds Further Guidance on Military Lending Act …

On December 14, 2017, the Department of Defense published final interpretive rules (the “2017 Interpretive Rule”) amending previously issued interpretive rules on the Military Lending Act. The 2017 Interpretive Rule amends and replaces three specific questions and answers in the interpretive rules
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Mandela's Favored Heir Ramaphosa Poised to Lead South Africa

Almost two decades after Nelson Mandela stepped down as South Africa's president, his favored successor, Cyril Ramaphosa, is finally poised to reach the summit of power. With his election as leader of the ruling African National Congress on Monday, Ramaphosa, 65, will be the party's presidential
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BankThink Scrapping $50B threshold will let 30 big banks off the hook

The House of Representatives is slated to vote on a bipartisan bill this week which would effectively deregulate 30 of the 38 largest banks in the country. The bill, the Systemic Risk Designation Improvement Act, targets Section 165 of the Dodd-Frank Act, which requires regulators to subject bank holding
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Home Lending Advisors in Golf

Find a Chase Home Lending Advisor in Golf. Speak with a Lending Advisor or schedule a consultation to see if you prequalify.
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Order to Cease and Desist Issued to Local Bank & Trust Co.

Atlanta, Georgia – Today, the Department of Banking and Finance, State of Georgia (“Department”) issued an Order to Cease and Desist to Local Bank & Trust Co. – Atlanta, Georgia and Cassidy Harris. It is unlawful to conduct and/or be affiliated with a banking business in Georgia without a bank charter
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Is Buying Stock Like Titan International, Inc. (TWI) After Such Increase Winning Strategy?

Investors sentiment decreased to 1 in 2017 Q2. Its down 0.19, from 1.19 in 2017Q1. It dropped, as 20 investors sold Titan International, Inc. shares while 44 reduced holdings. 17 funds opened positions while 47 raised stakes. 51.18 million shares or 1.15% more from 50.60 million shares in 2017Q1 were
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Commentary: 3 Reasons Bitcoin Is Worth So Much Right Now

A man looks at ATM machines for digital currency Bitcoin in Hong Kong on Dec. 18, 2017. Anthony Wallace—AFP/Getty Images. By Spencer Bogart. 3:22 PM EST. Bitcoin is a different kind of beast that can be difficult for people to understand. New things usually are. And while Bitcoin is nearly nine years
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Bitcoin Mania Lifts Rival Coins to Record Highs

The rallies come as speculators flock to Coinbase.com Inc., whose app has climbed to the top of Apple Inc.'s download rankings. Known mainly as one of the easiest ways to trade bitcoin, the site also provides access to trading litecoin, ether and bitcoin cash. Litecoin has more than doubled since Dec.
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