Celsius Pays Off Over $120M On Its Bitcoin Backed Loan, Lowers Liquidation Price To $4,967

Besieged crypto-centric firm Celsius has continued to repay loans owed to various lenders as it charts a way forward to recovery. Since it announced that it was pausing all withdrawals, swaps, and transfers between accounts citing “extreme market conditions,” the firm has been forced to double down on its repayment figures to avoid being forcibly liquidated. The transactions which have […]

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Tupperware Surges After It Sells Nutrimetics

Shares of Tupperware Brands Corporation (TUP) are rising more than 16% Tuesday morning after New Image Group said it has acquired skincare and cosmetics brand Nutrimetics from Tupperware. The acquisition includes Nutrimetics Australia, Nutrimetics International New Zealand, Nutrimetics Manufacturing and Nutrimetics France, New Image said. TUP is at $7.78. It has traded in the range of $5.54-$25.44 in the past […]

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ByteTree CEO: ‘Gold and Bitcoin Will Be Important Components of an Investment Portfolio for Years To Come’

On Monday (July 4), Charlie Erith, Lead Portfolio Manager and CEO at research-driven investment adviser ByteTree Asset Management, wrote about the importance of gold and Bitcoin as hedges against monetary policy errors. ByteTree, which was founded in 2014, is “a research-driven boutique providing investment solutions and institutional-grade crypto-asset data on Bitcoin and other cryptocurrencies, as well as Gold and Silver, […]

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InvestAnswers Host Explains Why He Is Still Bullish on Bitcoin ROI Despite Market Crash

Financial freedom show “InvestAnswers” is still bullish on the risk-to-reward ratio for Bitcoin despite the market crash.  In a YouTube video released on June 26, the anonymous host of InvestAnswers said that Bitcoin will likely still offer an attractive return on investment (ROI) compared to other assets. He compared BTC to the dividend producing stock of tobacco company Philip Morris […]

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Accolade Rallies After Q1 Revenue Surges

Shares of personalized health and benefits solutions provider Accolade, Inc. (ACCD) are up more than 17% Friday morning after reporting robust revenue growth in the first quarter. Revenue for the first quarter increased 44% year-on-year to $85.5 million from $59.5 million. Net loss, however, widened to $342.82 million or $4.92 per share from $48.71 million or $0.84 per share a […]

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Grayscale Flips The Script And Sues The SEC After Spot Bitcoin ETF Plan Rejection

Crypto asset manager Grayscale — which stewards over $43 billion in cryptocurrencies — has filed a lawsuit against the United States Securities and Exchange Commission (SEC) shortly after the federal securities watchdog tossed out its application to convert its flagship Bitcoin Trust into a bitcoin exchange-traded fund, or ETF. Grayscale Takes SEC To Court The SEC rejected Grayscale’s application late […]

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BCH’s Roger Ver Rumored to be the High Net Worth Individual Who Owes CoinFLEX $47M

Summary: Crypto community member, FatMan Terra, has suggested that Roger Ver is the high net worth individual who allegedly owes CoinFLEX $47 million. CoinFLEX has released plans to launch a recovery token to raise funds to cover the $47 million deficit. Bitcoin Cash’s Roger Ver has since denied the allegations. Terra and Crypto Twitter community member @FatManTerra has suggested that […]

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Earthstone Energy Up 10% On Expanding In Northern Delaware Basin

Shares of Earthstone Energy, Inc. (ESTE) are rising more than 7% Tuesday morning after the company announced deal to acquire assets in the northern Delaware Basin for about $627 million to be paid in cash and stock. The company plans to expand in Northern Delaware Basin by acquiring New Mexico assets of Titus Oil & Gas Production, LLC and Titus […]

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