Bitcoin hits overbought MFI at $65,500 resistance: Live levels

JPMorgan Chase, America’s largest bank, just made a big bet on housing—a $750B bet to be exact. At a time when most people hope home prices will fall, JPMorgan is gearing up to lend and invest in a huge way. Could this be a sign that those who buy now will be thanking themselves in…

Standard Chartered has become the first Global Systemically Important Bank to offer institutional Bitcoin (BTC/USD) and Ether (ETH/USD) spot trading in the UAE, expanding its digital asset services through Standard Chartered DIFC, which is regulated by the Dubai Financial Services Authority. The bank is now the only global lender offering institutional digital asset spot trading…

A joint venture between George Comfort & Sons, Loeb Partners Realty and Jamestown has secured a $386 million loan to refinance its Midtown East office tower at 200 Madison Avenue, Commercial Observer has learned. New York Life provided the floating’rate loan with a three-year initial term and two 12-month extension options for the 750,000-square-foot building…

The Pacific Park development, beleaguered by more than two decades of delays, missed deadlines and foreclosure, has a path forward after Cirrus Real Estate Partners and LCOR signed a memorandum of understanding with the state Tuesday, an Empire State Development spokesperson confirmed. ESD last month announced the developers’ $5 billion proposal for the next phase…

Second quarter results from Home Depot and Lowe’s offer perhaps the clearest evidence yet of how a prolonged period of elevated mortgage rates is changing where money flows inside the roughly $1 trillion U.S. home-improvement economy. Homeowners who are reluctant to move are also reluctant to finance expensive renovations. At the same time, houses continue…

Real estate investing won’t make you rich overnight. But keep at it for long enough, and it will make you very wealthy. Philip Henry had been doing all the right things: buying a rental property every year, renovating it, raising rent, and then rolling his home equity into the next deal. Yet after nearly 15…