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Cannabis Chart Of The Week: Illiquidity Vs Insolvency, A Tale Of Two Distressed Giants
Monday, February 13, 2023 - 1:34pm | 824The graph shows the consensus operating estimates for the calendar year ended 12/31/23 and Viridian Capital estimates of current net debt and enterprise value for AYR Wellness (OTC: AYRWF) and Canopy Growth (NASDAQ: CGC) Both companies' debt is trading at stressed/distressed levels AYR's...
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20M Uniswap Members Say 'Yes' To Binance Move: What The 'Temperature Check' Means
Monday, January 23, 2023 - 12:51pm | 431A significant majority of UNI token holders, approximately 80%, voted in favor of moving Uniswap's V3 protocol to Binance's BNB (CRYPTO: BNB) Chain, according to a recent survey. Plasma Labs, the company that proposed the move, stated that 20 million tokens were cast in favor of the...
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Citigroup Passed On Alameda Research Partnership Due To Lack Of Risk Management: Report
Monday, January 2, 2023 - 10:44am | 510Banking giant Citigroup (NYSE: C) considered partnering with Alameda Research, a now-bankrupt crypto trading firm, to launch a crypto lending business in 2020, but decided against it due to concerns about the firm's lack of risk management. Austin Campbell, the former co-head of...
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Great Administration Or Complete Miracle? Celsius No Longer At Risk of Bitcoin Liquidation, Pays off Debt
Thursday, July 7, 2022 - 2:01pm | 266Celsius (CRYPTO: CEL) has repaid its debt via DeFi protocol Maker (CRYPTO: MKR), reducing its liquidation price to $0.00. What Happened: Last month during latest cryptocurrency crash, crypto lending firm Celsius was in a severe liquidity crisis and paused withdrawals of investor...
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Celsius Denies Claims That CEO Alex Mashinsky Attempted To Flee From The US To This Country
Wednesday, June 29, 2022 - 3:12pm | 220Celsius (CRYPTO: CEL) has denied the reports that its CEO Alex Mashinsky attempted to flee from the United States, but was halted by authorities. What Happened: On June 27, reports emerged that Mashinsky attempted to leave the country. However, on June 28, the Celsius team contested these reports,...
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CoinFLEX, Crypto Yield Platform And Futures Exchange, Halts All Withdrawals
Thursday, June 23, 2022 - 4:21pm | 296CoinFLEX said Thursday it will pause all withdrawals from the platform. Here's what you need to know. The Latest Withdrawal Freeze: CoinFLEX is a crypto yield platform and futures exchange. The platform serves as a cryptocurrency wallet, an adaptive investment portfolio providing...
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3 Arrows Capital's Bitcoin And Other Positions Liquidated By FTX, BitMEX and Deribit; Fund Managers Have Gone Silent
Friday, June 17, 2022 - 6:01pm | 328Crypto lending and borrowing firm Three Arrows Capital (3AC) had positions liquidated by crypto exchanges Deribit, BitMEX and FTX. What Happened: Across the past week, 3AC has experienced liquidations in Bitcoin derivative positions. As disclosed by The Block, 3AC currently owes $6...
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Celsius, 3AC And USDT Are Among The Biggest Crypto Liquidations This Week
Friday, June 17, 2022 - 10:47am | 324Major cryptocurrency players, including Celsius (CRYPTO: CEL), 3AC, and Tether (CRYPTO: USDT), have experienced major liquidations. What Happened: Given the sharp fall in cryptocurrency prices, lending firm Celsius posted a total of 7,206 WBTC (CRYPTO: WBTC) as collateral to reduce its liquidation...
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Why Is Celsius Token Crashing? Ethereum's DeFi vs. CeFi Lending, Explained
Monday, June 13, 2022 - 3:27pm | 483Celsius Token (CRYPTO: CEL) has plunged over 60%, as Celsius Network pauses withdrawals, given turbulent market conditions. What Happened: Given extreme market instability, in an endeavor to “stabilize liquidity”, Celsius announced that it would be halting user transfers, withdrawals,...
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How Infor Drives Enterprise Efficiency With Cloud Technology
Monday, September 7, 2020 - 10:02am | 581Infor, a provider of business cloud solutions, formally announced it achieved significant progress in the past 12 months, growing its customer base by 400%. As part of the development, Benzinga chatted with Infor vice president and general manager Bill Vellante, as well as Steve Jensen, president...
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Yes, This Junk Bond ETF Is Sufficiently Liquid
Friday, May 6, 2016 - 9:22am | 524Arguably the biggest source of controversy surrounding high-yield bond exchange-traded funds has been the ability of these products to remain sufficiently liquid during times of elevated market duress. With size and liquidity being important factors to many professional investors, that might be why...
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When Sam Zell Talks Real Estate, Investors Listen
Monday, November 4, 2013 - 5:22pm | 585Sam Zell is a real estate investing legend. He began his real estate investing career in college in 1961 and later founded Equity Group Investments. He recently spoke at the "Invest for Kids" conference in Chicago, detailing both his bearish and bullish views on the real estate industry....
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Low Volume, High Returns for These ETFs (BIB, FHC, DRW)
Friday, July 13, 2012 - 3:25pm | 676Despite the rapid expansion of exchange-traded products to nearly 1,500 ETFs and ETNs combined, a percentage of products continues to dominate in terms of average daily volume. Indeed, TrimTabs Investment Research reported that the largest ETFs represent 15 percent of total daily stock trading...
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Does Lackluster Data Mean QE3? Not Yet...
Friday, June 1, 2012 - 10:54am | 407After the dismal Non-Farm Payrolls Report and the lackluster ISM release, it is hard to see where the growth is coming from. In this light, what are the chances of QE3? How low can rates go? These are all valid questions in this environment, so let us discuss. The chances for QE3 are higher now...
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Confessions of a Liquidity Junkie
Saturday, October 8, 2011 - 2:40pm | 655It is (at best) pathetic when we observe a hopelessly addicted junkie attempt to “justify” his/her addictive behavior. However, when that junkie wears very expensive suits and presides over (supposedly) one of the world's most prestigious institutions such behavior becomes both deplorable and...