The total market capitalization of cryptocurrencies rose above $1 trillion on Wednesday morning for the first time since November 8. This latest rally in crypto has been led by bitcoin (BTC-USD), which briefly spiked to as high as $21,501 as of 9:15 a.m. ET. Bitcoin is up more than 20% from where it traded just one week ago and has gained roughly 30% so far this year. Shortly after hitting his milestone, crypto prices dropped along with broader markets. Near 12:20 p.m. ET, bitcoin was trading… Source link

Confidence among U.S. single-family home builders rose in January for the first time in a year, ending a 12-month stretch of declines and potentially signaling a turning point in the housing market. The National Association of Home Builders/Wells Fargo’s gauge of builder sentiment increased 4 points this month to 35, figures released Wednesday showed. Still, any figure below 50 is considered negative. “Probably past the worst, but a sustained improvement will have to wait,” Kieran Clancy,… Source link

Crime Brian Walshe is accused of murdering his wife, Ana Walshe, and dismembering her body. She was last seen Jan. 1. Brian Walshe listens to prosecutor Lynn Beland during his arraignment at Quincy District Court on Wednesday. Craig F. Walker / The Boston Globe Brian Walshe held without bail as prosecutors detail Google searches,… Source link

COHASSET, Mass. — New details were revealed after a Massachusetts man accused of killing his wife, Ana Walshe, 39, who was reported missing Jan. 4, appeared in court Wednesday morning. Prosecutors revealed a series of incriminating Google searches and the discovery of items with Ana Walshe’s DNA, ABC News reported. Prosecutors believe Brian Walshe dismembered his wife’s body, and they revealed Walshe made a serious of Google searches including: “how long before a body starts to smell” “how to… Source link

COHASSET, Mass. — New details were revealed after a Massachusetts man accused of killing his wife, Ana Walshe, 39, who was reported missing Jan. 4, appeared in court Wednesday morning. Prosecutors revealed a series of incriminating Google searches and the discovery of items with Ana Walshe’s DNA, ABC News reported. Prosecutors believe Brian Walshe dismembered his wife’s body, and they revealed Walshe made a serious of Google searches including: “how long before a body starts to smell” “how to… Source link

Prosecutors released new details about their murder case against Brian Walshe in the death of his wife, Ana Walshe, during his arraignment Wednesday. Among the more startling revelations were the contents of Brian Walshe’s Google searches on his son’s iPad in the days after his wife was reportedly last seen. Here’s what those searches included: Jan. 1 Google searches 4:55 a.m.: “How long before a body starts to smell?” 4:58 a.m.: “How to stop a body from… Source link

DAVOS, Switzerland — Economist Nouriel Roubini is ratcheting up his fiery commentary on the stricken cryptocurrency industry, particularly toward FTX and its now-disgraced founder, Sam Bankman-Fried, commonly known as SBF. “FTX and SBF are not an exception — they’re a rule,” the NYU professor, who is known as “Dr. Doom” for his dire perspectives on global trends, said on Yahoo Finance Live at the World Economic Forum in Davos, Switzerland, on Wednesday (video above). “Literally 90% of… Source link

DAVOS, Switzerland — Economist Nouriel Roubini is ratcheting up his fiery commentary on the stricken cryptocurrency industry, particularly toward FTX and its now-disgraced founder, Sam Bankman-Fried, commonly known as SBF. “FTX and SBF are not an exception — they’re a rule,” the NYU professor, who is known as “Dr. Doom” for his dire perspectives on global trends, said on Yahoo Finance Live at the World Economic Forum in Davos, Switzerland, on Wednesday (video above). “Literally 99% of… Source link

Microsoft (MSFT) announced on Wednesday that it is laying off 10,000 workers as part of an effort to cut costs at the tech behemoth. The layoffs impact roughly 4.5% of Microsoft’s 221,000 total employees. The cuts are expected to be completed by Microsoft’s fiscal Q3, which ends March 31. Microsoft says the layoffs will result in a $1.2 billion charge, representing -$0.12 per share. The Redmond-based company previously announced layoffs in October, shedding as many as 1,000 jobs, according… Source link

welcomeinside/iStock via Getty Images Investment thesis After qualifying Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) as a long-term investment opportunity based on my in-depth fundamental analysis, I want to discuss the stock from a technical perspective. The stock has lost 45% since the beginning of its decline and is priced under its most important moving averages, facing significant overhead resistance, while the stock is still not building relative strength, despite the relevant industry group… Source link