Binance Publishes Apology Letter to Steem Community and Says It Has ‘Unvoted’ By Cointelegraph



Cryptocurrency exchange Binance has officially apologized to the Steem community following its involvement in a major centralization scandal involving Tron founder Justin Sun.

In its letter posted on March 10, Binance affirmed that it “stays neutral and has no interest in on-chain governance beyond the Binance ecosystem.”

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





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What to Look for When Buying Sofas for Vacation Rentals

Vacation rental furniture must be durable in order to stand up to regular use by a wide variety of vacationers who may not care for your furnishings quite as well as you would like them to. Holiday rentals, by their nature, are occupied by a constantly transitioning parade of temporary residents who use them as a home base for family vacations, ski trips, weekends at the lake or corporate retreats in the mountains. While some renters are mindful of the furnishings and treat their temporary housing as if it was their home, many do not. Anyone who owns temporary rentals has either heard stories of raucous parties and trashed houses, or they have experienced these things themselves.

Knowing that your furniture will very likely be mistreated by at least some of the folks who call your rental property home for a weekend, a week or a month, it is imperative that you invest in furnishings that you will not have to replace every time a rowdy group of friends parties a bit too hard or a pair of permissive parents lets their children run loose with chocolate ice cream, crayons and fruit punch. This is particularly true when purchasing a sofa, since you know this piece of furniture will definitely be used on a daily basis and will take the brunt of any mishaps that may occur.

What to Look for When Vacation Rental Sofa Shopping

When shopping for vacation rental sofas, there are three main factors to keep in mind: They should be durable, washable and renewable. Other features that might not be deal breakers, but are certainly nice to have, include storage space and the ability to be separated and moved around to create a variety of seating arrangements.

Seeking out high-quality, durable sofas is a given when shopping for rental furnishings. Poorly made furniture will not last and is not worth the money, even if the sofa was incredibly cheap. If you have to replace your rental’s sofa every few months, or even every few years, you are not getting the value you need out of the piece. Therefore, shopping for sofas with sturdy construction from a reputable manufacturer is essential.

It is also important to keep in mind that even the most well-constructed sofa can still be damaged from spills, cuts, ill-mannered pets and rowdy guests. This is where choosing a washable fabric sofa from a company that offers replacement fabric, cushions and pieces comes into play. Washable sofa fabrics are a must-have and allow you to easily launder all of the sofa fabric at the end of the vacation season or when a guest soils the fabric during their stay. This alone can save you hundreds – or even thousands of dollars – while making it easy to keep your rental attractive and appealing to new guests.

Of course, you may have more than a spill to contend with if your renters managed to cut the sofa fabric, allowed their dog to chew up a sofa cushion or somehow managed to break one of the wood pieces on the arm or back of the sofa. If you purchased a sofa from a company that does not offer replacement pieces or fabrics, than this would mean costly repairs or needing to replace the sofa completely. But if you purchased the sofa from a company that allows you to easily order a single replacement cushion, new fabric pieces or new wood pieces, than you can inexpensively and conveniently have your sofa looking as good as new. This kind of renewability is an important part of getting the best value when furnishing rental properties.

Other Things to Consider When Shopping for Sofas

In addition to these must-have qualities, the sofas you choose for your rental properties can also serve additional functions, if the right sofa is chosen. For example, choosing a storage sofa that offers storage space under each cushion is a great way to make room for extra bedding, pillows and towels without having to purchase a cabinet or cluttering up shelves with these necessities.

If your rental caters to larger groups, you might want to also consider purchasing a sectional sofa that has multiple pieces that can be grouped together or separated to provide a variety of seating options. This will appeal to guests with varying needs, such as companies holding retreats, and is a great way to fit abundant seating into a small space.



Source by Aimee Jo Davis

Buy or sell? Investors navigate coronavirus data fog By Reuters



By Sujata Rao

LONDON (Reuters) – For money managers, it’s bad enough watching the coronavirus wipe trillions of dollars off world markets’ value. Even worse is not knowing how bad the outbreak really is for the economy, company balance sheets, and in turn for their portfolios.

Having torn across borders to almost 100 countries in the space of a few weeks, the virus is leaving official data releases and corporate trading statements struggling to keep up. That means many fund managers and economists who typically use forecasts to guide investment decisions or strategy calls are disregarding them altogether.

In short, investors, a group that hates uncertainty, are groping their way through what is the worst stock market rout and growth scare in years.

Government and business efforts to contain the virus are expected to wreak the most economic damage; those responses are ongoing and asymmetric and subject to constant change as the virus threat shifts. All of this is making it much harder to forecast the hit to growth or profits.

Nor are central bankers’ signals much use, given monetary firepower is more or less exhausted after a decade of deployment, said Paul O’Connor, head of multi-asset at Janus Henderson Investors, which runs $370 billion.

“Economic data are not going to be much use at all. We face at least a month, some more weeks of weak economic data, downgrades to growth and downgrades to company earnings. Data won’t tell me where the market may bottom,” O’Connor said.

“Nor is there a clear circuit-breaker where policymaking is concerned.”

Instead, O’Connor is using market moves to gauge when to buy or sell — on Monday when the S&P 500 and Europe’s STOXX index () () suffered their biggest daily falls since 2008, he stepped in to buy, reckoning sentiment was near bottom.

(Graphic: Equities & bonds total return indexes – https://fingfx.thomsonreuters.com/gfx/mkt/13/2888/2853/Pasted%20Image.jpg)

As for economic data, that’s getting short shrift. February U.S. payrolls, which last week showed robust job creation and unemployment near 50-year lows, were brushed off by a plunging Wall Street that – quite simply – saw the numbers as old news.

February Purchasing Managers Indexes (PMIs) – considered one of the few forward-looking economic indicators available – showed euro zone businesses growing at their fastest pace in six months; even compiler IHS Markit dubbed them “a false dawn”.

Meanwhile, economic forecasts roll in — with caveats attached. Oxford Economics (OE) cut its 2020 global growth forecasts by a half percent on Monday, assuming a Chinese bounceback. But this hinged on “the extent to which households and firms are able and willing to go about their normal business”, it added.

OE also noted that the plunge in the global composite PMI to 46.1 in February implied a world economy in recession. But it argued that past surveys had “often overstated the likely scale of global growth slowdowns after major one-off events”.

(Graphic: Global composite PMIs – https://fingfx.thomsonreuters.com/gfx/mkt/13/3168/3133/pmis.png)

COAL AND CARS

The foggy outlook has sent many investors scurrying to seek investment banks’ advice; Goldman Sachs (NYSE:) said “a large volume of questions” from clients had led it to compile a set of alternative indicators for stricken markets.

Goldman suggested, for instance, tracking daily coal consumption to gauge Chinese electricity demand. In Italy it highlighted high-frequency gauges such as hotel room occupancy or road traffic in Milan to calculate economic damage.

(Graphic: China coal use and stocks – https://fingfx.thomsonreuters.com/gfx/ce/7/8928/8909/ChinaCoalUseandStocksMarch2020.png)

But others like Janus Henderson’s O’Connor are either watching markets for their investment steer, or tracking the coronavirus progress across continents.

They note the Chinese flow of data is dire — factory gate prices are falling and trade shrank in the Jan-Feb period at double-digit rates – but the virus tide also seems to be turning there.

Now, as more people fall sick in the United States and Europe, the risks are other countries emulate Italy’s lockdown, with the associated damage to consumption and business.

“You jump in where the bomb already hit because it will be safest there,” said Mike Kelly, global head of multi-asset at PineBridge Investments.

“We are pivoting to sort of buying back into China A-shares, …shifting the pendulum to the manufacturing direction and taking it out of things like U.S. services.”

Expectations for interest rate cuts and extra government spending are luring other investors back into the United States, Japan and the euro zone. But while many companies have warned of the virus hit to earnings, question marks will remain over cashflow and debt refinancing abilities.

Will Malcolm, portfolio manager at Aviva (LON:) Investors in Singapore, is among those seeking opportunities amid the fog but noted “the unknowns”.

“The market doesn’t have enough information to avoid a rubbish-in, rubbish-out assessment,” Malcolm said, referring to swapping vulnerable companies for others that turn out to be equally vulnerable. “You can think you can make a judgment but the risk is you end up putting the garbage in.”

Those wary of bold calls are simply taking the safe option, hunkering down in gold, government bonds and the Japanese yen, assets that have made double-digit gains in three weeks.

With data unlikely to offer clarity for six to eight more weeks, buying safe-haven currencies was the default option, said Peter Kinsella, head of FX strategy at Swiss private bank UBP.

“We’ll be flying blind for the next few weeks,” he added.

(Graphic: Unsafe safety – https://fingfx.thomsonreuters.com/gfx/editorcharts/YEN-CURRENCY-BREAKINGVIEWS/0H001R8F4C71/eikon.png)





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3 Things You Should Always Look For In A Vacation Rental

Traveling away from home can make some people anxious because at home, your bed feels a certain way, you know all of the TV channels, and everything feels cozy. Vacation rentals aim to make travelers not feel any differently about their lodging. You should be able to see it as a “home away from home.” Better yet, because you are renting and properties are doing what they can to attract your business, you and your family may find that your prospective rental may offer some great perks.

When planning your next trip, you need to have a few ideas in mind for what you want your lodging to provide. Here are three things that should be near the top of your list:

1. Provides the Basics – Your rental needs to provide basic amenities to you and your family. Each family has its own way of defining the basics, so it is important for families to get together & figure out what they absolutely feel they need and see what places offer those things. Do you need a full kitchen? Are mountain views necessary? How many bathrooms are essential? It is a simple idea, but because it is so basic, this little detail can fall through the cracks. As part of your research, compare rental properties & most importantly, make a few calls.

2. Proximity to the Actual Vacation – As much as your vacation is the reason for traveling, getting to the fun stuff can sometimes be made less fun because you’ve rented lodging too far from the hub of activity. It may be too far for walking, which means you’ll need to think about renting transportation. Your time is very valuable, and you have worked hard to earn this time off for your loved ones; don’t spend it hoofing it the entire trip & wearing yourself out.

3. Safety – No one likes to think about what could possibly go wrong during their vacation, but it is important to think about how your vacation rental property provides a safe environment. If a property deals with out-of-town visitors on a regular basis, would be ne’er-do-wells know that visitors can often travel with cash. Does your rental have a safe place for any valuables? When it comes to amenities such as a pool, is there a lifeguard on duty? Is there a first-aid kit available in your rental for general bumps & bruises that can happen? Be sure to research online ratings and reviews from previous visitors and see what they have to say. What’s more, put together a checklist of important safety items & talk directly to property employees.

It is always important to remember that you need to do your homework when it comes to choosing your vacation rental. Choosing the right place to stay and call your “home away from home” is absolutely key to everyone’s happiness. Vacations are times to make lifelong memories, and you don’t want a bad lodging experience to serve as the one thing that ruined it.



Source by Morris Raymond

Crypto Lending Firm BlockFi Adds Support for Wire Transfers to Buy Crypto By Cointelegraph



Cryptocurrency lending platform BlockFi has added support for cash on its platform, which enables customers to purchase crypto through wire transfers.

The company revealed the new option in a press release on March 10, detailing that its users can now send wires transfers to BlockFi to buy digital currencies and earn up to 8.6% annual percentage yield. The wire transfer service is backed by financial services firm Silvergate and is available both domestically and internationally.

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





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Hiring a Property Management Company – Pros and Cons

Owning rental property can be a lot of fun, but it can also be a lot of work. While many landlords have really amazing experiences, there are just as many who do not. By hiring a property management company, you can take the worries and time-consuming tasks that come with managing a rental property and pass them along to a professional. Before you make a move towards hiring a professional rental management company, take stock of your property and decide whether or not the costs will be worthwhile.

The Pros of Hiring a Property Management Company

They Can Find Tenants for You
A professional management company can handle the marketing for you and your property, placing ads and screening calls from prospective tenants. When someone responds that fits the qualifications you have given the property management service, the company will call you!

They Can Act as Your Liaison
Good customer relations are essential, and if you have a large business you may not have time to keep a relationship going with every new tenant. If you hire a rental management company, they can help step in and fill this role for you. Professional property management companies can also field complaints and requests for repairs or maintenance instead of leaving all of this up to you.

They Can Handle the Finances
If dealing with the financial aspects of being a landlord does appeal to you, or you simply think it would be better to have someone else handle this part of your business, a property management company might be a great fit for you. Professional property managers collect rent, deposits, and any late charges that might occur. No more having to remind tenants of a late payment!

They Know the Local Laws
Because there are specific laws that deal with rental properties, hiring a property management service can be your ticket to greater understanding of these laws for your own benefit. Having a professional in your corner can be enormously helpful and also help you avoid any potential legal blunders while managing your rental property.

They Are Well Connected
Any professional rental manager worth mentioning is likely to have connections with other professionals and groups in your area. When you need to hire someone for a repair, upgrade, or replacement your manager will be able to recommend someone they know or have worked with before, helping you get the job done right the first time.

The Cons of Hiring a Property Management Company

They Cost Money
Really the only con of using a professional rental management company is the cost. Many landlords will avoid signing on with such companies because they are worried that doing so will affect their profit margin a little more than they would like.

There are many advantages to hiring a property management company ; Peace of mind and the knowledge that they will call you if something truly important occurs are all valuable things that a business owner can definitely appreciate!



Source by Jason Kay

Stock, bond and FX trading volumes boom as volatility jumps By Reuters



By Tommy Wilkes

LONDON (Reuters) – Amid frenzied selling in financial markets this week, there was a silver lining for banks and trading platforms which attracted a rush of business as investors scrambled to protect portfolios from the volatility.

European stock trading volumes swelled on Monday to more than three times their 90-day daily average, according to Refinitiv data, as share prices suffered their biggest one-day drop since the 2008 financial crisis and oil prices plunged 25%.

Ten days into March, European share trading volumes have already hit more than half their February total, Refinitiv data shows.

The resurgence will be welcomed by traders. London-based inter-dealer broker TP ICAP (L:), for instance, has seen record-breaking volumes during the past fortnight’s selloff, CEO Nicolas Breteau told Reuters on Tuesday. [nL4N2B329M]

“We had reached record volumes, with clients hedging, rebalancing their portfolios … a lot of intense activity,” Breteau said, adding that while the environment affected clients, the volatility offered TP ICAP an opportunity that “gives us confidence for the future.”

Before March, trading desks at banks and elsewhere had suffered a prolonged period of low volatility and lackluster volumes, crimping profitability.

Typically, more volatile markets encourage traders to buy and sell more often, handing more revenue to market makers that charge a spread on each transaction.

Volumes are now rebounding across asset classes.

Turnover of currency futures topped $200 billion on Monday, more than double the daily average reported year-to-date, data provided to Reuters by CME showed. That included more than $70 billion of trading in euro/dollar and $49 billion in dollar/yen.

EBS, which runs one of the world’s biggest FX platforms, declined to give data for Monday but told Reuters that volumes in the four days to last Thursday had run 80% above 2019 averages.

Volumes in G10 currencies were nearly double their 2019 daily average, EBS said.

Refinitiv, another big forex market player, said Monday had been its busiest day for spot currency trading since the U.S. Presidential Election in November 2016.

The company declined to give the dollar value for Monday’s volumes but said activity on its FX Matching platform was more than double the daily average traded during February.

Markets are now the most volatile since the financial crisis more than a decade ago.

Wall Street’s so-called fear gauge () has reached its most elevated since 2008, U.S. Treasury market volatility () the highest since 2009, and price swings in the FX market are at three-year highs.

(Graphic: Market volatility soars – https://fingfx.thomsonreuters.com/gfx/mkt/13/3081/3046/market%20vol.png)

BOND TRADING

Bond trading platforms are also reporting increased activity as clients dump riskier bonds and pile into the safety of government debt such as U.S. Treasuries, where yields have collapsed to record lows.

However, the rise in volumes last week was not dramatic and Monday actually saw reduced activity, suggesting many investors had stuck to the sidelines.

MarketAxess, which runs a major fixed-income platform, said trading of government and corporate bonds by European clients totaled 136.8 billion euros ($155.5 billion) on Monday. That compared with a daily average of 190 billion euros last week.

Daily volumes in 2020 have ranged from as low as 78 billion euros to as high as 228 billion euros, MarketAxess data showed.

Tradeweb, another company running a large bond trading platform, declined to give specific numbers.

“While we don’t report our trading activity on a daily basis, we continue to experience strong volumes across our platforms in line with broader market volatility,” Tradeweb said.

There is some evidence that the jump in volatility may also be undermining liquidity – the ease with which buyers and sellers can transact without moving the price.

Prior to Monday, traders say frenzied trading activity had generally been orderly.

“In the morning, we tried to trim a position in the benchmark 30-year US Treasury bond and were shocked when several dealers were reluctant to show us a firm price, something we can’t remember ever happening before,” TwentyFour Asset Management said in a daily note, referring to Monday.

“Normal service resumed shortly afterward, but to us this was a stark illustration of the sheer panic that permeated the market.”

($1 = 0.8797 euros)





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Rental Income and Taxes

Have you been thinking of acquiring a rental property or renting part of your house for income? This article will go through the basics of renting property. For more information, visit the CRA web site and search for rental income.

Rental Income is when you rent property for someone else to use. Property is usually thought of as real estate, but it can be anything that can be rented like a car, snowmobile, power tools, computer and so on. The expectation is that there will be profit because if there is no money being made, there would not be any taxes owing. There would still be a requirement to report activity in most cases, but renting something generally assumes that money will be made over time.

Rental Income Versus Business Income

If you are renting a property only, this would be considered rental income. If you are providing a service that goes along with the property and charging for it, then this would be considered a business. The classic example to show the difference is a Bed and Breakfast. Since there are meals and laundry services that may be provided, this is considered a business as opposed to just having a place to stay on the property and doing your own cooking and cleaning. If there is an existing business and renting a property is a related part of it, then the renting would be considered part of the business. As an example, if you are making auto parts and you lease part of your space temporarily, this renting would be part of your auto parts business rather than rental income.

What Difference Does It Make If Your Activity Is A Business Or Not?

The differences between rental and business income are that rental income transferred to a spouse or child may be attributed back to the person who transferred it whereas income from a business does not have this restriction. This means that whoever paid for the rental property would have to declare the income for tax purposes. If you have children involved in sharing the profit from a rental versus a business, this would mean a difference in who can declare the income and expenses. Rental income is earned where the owner of the property lives, whereas business income is taxed on where the business is located. If you have multiple locations for rental properties or multiple businesses with different tax rates, this may mean a higher or lower tax bill depending on where the businesses are set up. The deductions that are available may differ between rental and business income. There are different rules regarding depreciation of assets or Capital Cost Allowance (CCA) for rental properties as opposed to businesses. Rental income would not subject to CPP deductions but business income would be. A rental property has a calendar year reporting period, but a business can change this to any time during the year. Depending on what your circumstances are, these differences can save you money or create a larger tax bill.

How Do You Report Rental Income?

Rental income is reported on the form T776 -Statement of Rental Income which can be found on the CRA web site. This form would be submitted along with a personal tax return as an additional document. If the renting is part of a business, the form to use is the T2125 – Statement of Business and Professional Activities which is the business form. This would also be added to a personal tax return as an additional document.

Current Expense Versus Capital Expenditure

Both a current expense and a capital spending represent money spent during the current tax period. If an expense is occurring to keep the property maintained and in the same working order as before the money was spent, this would be called a current expense. Examples of this are costs that occur day to day for the operation of the rental property – such as utilities, insurance and property taxes. A capital spending is money spent on something that is expected to last longer than one year and is either a separate item acquired for the property or an improvement to the property. If the money spent would make the property more valuable or useful compared to otherwise, this would be called a capital expense. An example of a separate item would be an appliance for the kitchen inside the rental property. This appliance is expected to last more than one year, can be moved into another part of the house so it is a separate item, and it is being used by the tenant so it is a viable expenditure for deduction. If there are costs incurred to set up a property or get it available for rent, these costs would be considered capital expenses, and would be part of the acquisition cost rather than separate expenses. The intention behind the money and the state of the property before and after the expense are important in determining how money spent should be treated for tax purposes.

Tax Treatment of Current and Capital Expenses

The major difference between current and capital expenses is the timing of their deduction. The current expense is deducted in the year it occurred in full. A capital expense would be deducted over the life of the asset which usually would mean a period of years. This means that the expense would be deducted more slowly. The spreading of the deduction over multiple years is called depreciation. This is calculated by finding out the class of the item or expense, finding the related depreciation rate and then using that as a partial deduction each year until the expense has been fully accounted for. As an example, if you bought an appliance and it was a Class 8 item, the associated rate of depreciation would be 20% per year. This means that if you buy an appliance that costs $ 1000, you can deduct 20% of that $ 1000 or $ 200 per year.

Depreciation of the Property Itself

Whether to calculate depreciation on the property itself is a choice that is to be made by the taxpayer. There are advantages and disadvantages to claiming this expense. The first factor to keep in mind is that depreciation on the property cannot be used to create a loss on renting the property. If your property is not that profitable, you would not be able to claim much depreciation even if you wanted to. The second factor to keep in mind is that if you claim depreciation, you will likely have to pay more taxes later when you sell the property. Land and buildings do not go down in value very often. When there is a sale, there is usually a capital gain incurred and there will be taxes paid on a fraction of that gain. If you were claiming depreciation along the way before the sale, your tax bill would tend to be higher than otherwise.

Are You Using the Property Personally?

If you are renting something and using it personally at the same time, the rental and personal use portion would have to be divided in some way. This is because anything used for personal reasons would not be deductible or reported on a tax return, but rental property would be. If it is a house being rented, the space would be divided into personal use and rental space, and any expenses would be prorated to reflect how much of the expense should be allocated to the rental property.

The rules discussed in this article are very general and will apply to most rental situations. For more specific situations and further detail, visit the CRA web site.



Source by Joe Barbieri

Rental Management Tips for Finding Tenants

Whether or not you have a single complex or hundreds of rental properties, it’s crucial that every unit is rented by tenants to keep up with your profit. Every tenant is found by several various ways. It could be putting up a “for rent” sign, using the newspaper and yellow pages, referrals and several other more means of finding possible tenants. But what could be the best rental management method in finding tenants?

The answer to find potential tenants with a “for rent sign” is traffic. The more people see your “for rent” sign, the bigger your chances of renting your property. In enhancing traffic, you can use a “for rent” arrow set on a major road to direct people to your property. If necessary, you can use multiple arrow signs at intersections in the area to guide them to my property. You can even put up a sign to your neighbors or to buildings or shops alongside your property if they allow it. Arrow signs work wonderfully in finding tenants.

If you want to be contacted immediately, you can record a message to your answering machine. As potential tenants call you and you’re not available, the recorded message can provide them all the details necessary. So, your message should contain all the essential details such as the rent amount, the deposit amount and the number of rooms available. This recorded message set aside several callers searching for lower rent, more bed rooms and many more. Doing this will save you a lot of time. As a rental property owner, you should make call backs to the person that leaves a message so you can schedule the time wherein you can show the property. It’s best to show the property as soon as possible so you can schedule more appointments. You can even invite all of the renters to view the property at the same day, doing so will save you a lot of time and less work for you. Moreover, prospects see the competition that adds up to the sense of urgency and pressure to their decision. It’s better to communicate with them and acquire a commitment for a meeting and meet that day before they find a new property.

When it comes to choosing tenants, you require to measure several inconsistencies such as how viable is the tenant to pay, how well they can take care of your property or how may prospects you’re planning to have. Often, your decisions depend on the property itself and the background checks that you’ll have to do to your potential tenants.



Source by Elaine Bernabe

Bitcoin Dips Below 7,833.7 Level, Down 0.51% By Investing.com


© Reuters. Bitcoin Dips Below 7,833.7 Level, Down 0.51%

Investing.com – fell bellow the $7,833.7 level on Tuesday. Bitcoin was trading at 7,833.7 by 13:04 (17:04 GMT) on the Investing.com Index, down 0.51% on the day. It was the largest one-day percentage loss since March 6.

The move downwards pushed Bitcoin’s market cap down to $143.4B, or 0.00% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $241.2B.

Bitcoin had traded in a range of $7,740.2 to $8,145.5 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 10.53%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $41.0B or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $7,648.7280 to $9,180.7529 in the past 7 days.

At its current price, Bitcoin is still down 60.58% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

was last at $198.59 on the Investing.com Index, up 1.16% on the day.

was trading at $0.20984 on the Investing.com Index, a gain of 2.82%.

Ethereum’s market cap was last at $21.9B or 0.00% of the total cryptocurrency market cap, while XRP’s market cap totaled $9.2B or 0.00% of the total cryptocurrency market value.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





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