Stock Alert: Twitter Adds 5% After Acquiring Revue

Shares of Twitter, Inc. (TWTR) are climbing more than 5% Tuesday morning after the social media company said it acquired newsletter publishing company Revue. The Dutch startup Revue allows writers to publish and monetize their editorial newsletters. Twitter is lowering Revue’s paid newsletter fee to 5% and also making Pro features free for all accounts. Revue’s service will continue as […]

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January 29th, A Magic Day?

This Friday, January 29th, is a pretty big day for bitcoin as numerous derivatives are set to expire. First there’s the “monster expiry” of 100,000 bitcoin options contracts worth more than $3 billion. That’s the biggest ever, with it to be seen what effect it will have on bitcoin’s price. By comparison, on the Friday of last month, bitcoin’s price […]

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Stock Alert: Overstock.com Shares Up 18%

Shares of Overstock.com Inc. (OSTK) are currently trading at $80.00, up $12.60 or 18.69% Tuesday morning, with trading volume rising over 2.16 million versus an average volume of 3.75 million shares. The stock has been trading in the range of $2.53 – $128.50 for the past one year. The company, on Monday, said it will be converting Medici Ventures Inc., […]

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Stock Alert: Express Jumps 76%

Shares of apparel and accessories retailer Express Inc. (EXPR) are surging more than 76 percent or $1.37 in Monday’s morning trade at $3.16 after gaining almost 53 percent on Friday. Columbus, Ohio-based Express said in mid-January that it has entered into a definitive loan agreement with Sycamore Partners as lead lender, along with Wells Fargo and Bank of America Merrill […]

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Marathon Buys $150 Million Bitcoin with Treasury Reserves

The Nasdaq traded Marathon Patent Group has bought 4,812.66 BTC at an aggregate purchase price of $150 million. The company has purchased bitcoin through the New York Digital Investment Group (NYDIG) at the average price of $31,168 per bitcoin. “By purchasing $150 million worth of Bitcoin, we have accelerated the process of building Marathon into what we believe to be […]

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Bitcoin Heads Towards $35,000 as Biden Stimulus Hurts US Dollar

Bitcoin resumed its uptrend ahead of the New York session Monday as traders weighed their risk-on opportunities against the US President Joe Biden’s stimulus plans and its potential bearish impact on the US dollar. The flagship cryptocurrency reclaimed $34,500 after rising by as much as 6.83 percent, while its market capitalization pushed past $636 billion. Its move upward came after […]

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Bitcoin Heads Towards $35,000 as Biden Stimulus Hurts US Dollar

Bitcoin resumed its uptrend ahead of the New York session Monday as traders weighed their risk-on opportunities against the US President Joe Biden’s stimulus plans and its potential bearish impact on the US dollar. The flagship cryptocurrency reclaimed $34,500 after rising by as much as 6.83 percent, while its market capitalization pushed past $636 billion. Its move upward came after […]

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