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ADAUSD

A submersible operated by OceanGate Expeditions carrying five people, including OceanGate CEO Stockton Rush, is running out of air near the Titanic wreck. Crypto betting on the rescue mission has surged, with over $93,000 wagered on Polymarket. Cardano founder Charles Hoskinson expressed doubt about the passengers' survival.

Portfolio Pulse from Ramakrishnan M

June 22, 2023 | 12:06 pm

XOMA

Xoma has acquired the royalty and milestone rights for two assets from LadRx, including Arimoclomol for Niemann-Pick disease type C and Aldoxorubicin for Phase 2 oncology, for $5 million.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 11:39 am

BBBYQ

OSTK

Overstock.com has won an auction for the intellectual property and digital assets of bankrupt home goods retailer Bed Bath & Beyond for $21.5 million. The deal does not include keeping Bed Bath's stores open. Bed Bath is running a separate sale process for its Buy Buy Baby chain.

Portfolio Pulse from Benzinga Newsbot

June 22, 2023 | 10:39 am

TTOO

T2 Biosystems shares are trading higher after a filing revealed that GSA Capital Partners LLP increased its stake in the company to 10.7%.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:20 am

BCDA

Biocardia announced a securities purchase agreement with investors to sell and issue 1,133,141 shares at $2.336 per share.

Portfolio Pulse from Charles Gross

June 22, 2023 | 9:06 am

BTCUSD

Bitcoin (BTC) has crossed the $30,000 mark, returning to the 'greed buy zone' as investment companies like Fidelity, Invesco, Wisdom Tree, Valkyrie, and BlackRock apply for spot Bitcoin ETFs with the SEC. The Crypto Fear & Greed Index indicates a 'greed' mentality among investors, while 61,723 traders faced liquidation in the past 24 hours, totaling $215.77 million.

Portfolio Pulse from Mehab Qureshi

June 22, 2023 | 6:45 am

FTI

TechnipFMC's deep-sea vessel Deep Energy has joined the search and rescue operation for the missing Titanic tourist submarine with five people onboard. The U.S. Coast Guard and Navy are working around the clock to locate the submarine.

Portfolio Pulse from Benzinga Newsbot

June 22, 2023 | 3:36 am

BTCUSD

PEPEUSD

Pepe Coin (CRYPTO: PEPE) surged 44% amid the institutional Bitcoin ETF frenzy and Bitcoin's (CRYPTO: BTC) price rally. The renewed enthusiasm surrounding the crypto market and major financial institutions embracing Bitcoin and applying for ETFs has injected optimism into the market.

Portfolio Pulse from Jose Rodrigo Safdiye

June 21, 2023 | 10:32 pm

DAIUSD

MakerDAO has acquired $700 million in U.S. Treasury bonds, raising its total bond holdings to $1.2 billion. This move aims to back the DAI stablecoin with real-world assets and follows the MakerDAO community's approval to raise the debt ceiling.

Portfolio Pulse from Murtuza Merchant

June 21, 2023 | 8:54 pm

USO

The American Petroleum Institute (API) reported a weekly crude oil stock draw of 1.246 million barrels, significantly higher than the estimated 433,000 barrel draw.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 8:34 pm