CryptoWatch: A 30% rally in bitcoin in less than a month has bulls eyeing $10,000 and beyond

Cryptocurrency evangelists are coming out of the woodwork as the world’s most prominent digital currency enjoys a sudden change in fortune. In less than a month, bitcoin BTCUSD, +1.07%  has roared back, rising more than 30% since June 24, highlighted by Tuesday’s 10% rally that saw bitcoin break a number of psychological and technical levels … Read more

Travelers (TRV) Q2 Earnings Miss & Down Y/Y, Revenues Top

The Travelers Companies, Inc.’s (TRV – Free Report) second-quarter 2018 core income of $1.81 per share missed the Zacks Consensus Estimate of $2.43 by 25.5%. Also, the bottom line declined 5.7% year over year. This year-over-year decrease in earnings can be attributed to higher level of catastrophe loss, an incremental charge (amounting to $45 million) … Read more

Availability

DEFINITION of ‘Availability’ Availability refers to funds that have been deposited by third-party check into a customer’s bank account. These funds are typically not usable by the customer until the check clears, or they become “good funds.” BREAKING DOWN ‘Availability’ Third-party checks are available according to a schedule that relies on the location of the bank on which … Read more