Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- Revlon Inc’s (NYSE:REV) restructuring initiatives have got complicated due to a $900 million banking error by Citigroup Inc (NYSE:C), the Financial Times reported.
- The cosmetics maker had filed for bankruptcy last week after being mired in debt.
- Related: Cosmetics Maker Revlon Files For Bankruptcy
- The report noted that in 2020 Citigroup had erroneously used its own money to repay a $900 million term loan it administered on behalf of Revlon that was held by multiple asset management groups.
- While holders of $400 million of the loan quickly returned the erroneous payment, funds that owned $500 million of the loan kept the cash, the report added.
- Also Read: Indian Conglomerate Reliance Eyes Bankrupt Revlon: Reuters
- Price Action: REV shares are trading higher by 3.75% at $3.87 on the last check Tuesday.
- Photo Via Pixabay
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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