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LINKUSD

Chainlink's (CRYPTO: LINK) price has risen by 3.56% in the last 24 hours to $14.16, despite a 9.0% decline over the past week from $15.48. The coin's all-time high is $52.70. Trading volume has decreased by 54.0% over the past week, while the circulating supply increased by 0.1% to 568.10 million, approximately 56.81% of the max supply. Chainlink's current market cap is $8.04 billion, ranking it 14th.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 7:02 pm

WBTCUSD

Wrapped Bitcoin (WBTC) has seen a 5.75% price increase in the last 24 hours, reaching $41,969.00, continuing a positive trend from the past week. Despite a 20% decrease in trading volume over the week, the circulating supply has slightly decreased, with WBTC's market cap ranking at #17.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 7:02 pm

ADAUSD

Cardano (CRYPTO: ADA) has seen a 4.12% price increase over the past 24 hours, reaching $0.49, despite a 2.0% decline over the past week. The coin's all-time high is $3.09. Trading volume has decreased by 28.0%, while the circulating supply has increased by 0.14% to 35.09 billion, representing 77.98% of the max supply. Cardano's market cap is currently ranked #9 at $17.06 billion.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 7:01 pm

BTC-USD

A crypto expert has provided a guide on tokenomics, explaining how to value tokens by analyzing supply, demand, and utility. Key factors include total supply, inflation rate, and utility in driving demand. The guide also covers token allocation, unlocking schedules, and the balance between yields, inflation, and lockup periods. Understanding the supply structure, whether capped or unlimited, is crucial for long-term value assessment. These insights are vital for investors in the evolving cryptocurrency market.

Portfolio Pulse from Murtuza Merchant

January 26, 2024 | 7:00 pm

XRPUSD

XRP (CRYPTO: XRP) has seen a 4.1% increase in price over the last 24 hours, reaching $0.53, despite a 3.0% decline over the past week. The coin's all-time high is $3.40. Trading volume has decreased by 35.0%, while circulating supply has slightly increased. XRP's market cap is currently ranked #6 at $29.02 billion.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 7:00 pm

GM

General Motors (NYSE:GM) has seen a decrease in short interest, with the short percent of float falling 4.14% since the last report. The company has 110.71 million shares sold short, which is 8.11% of available shares for trading. The current short interest is lower than the peer group average of 10.24%. While a decline in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term rise in stock price.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 6:15 pm

USO

The latest Baker Hughes rig count report shows an increase in oil rigs by 2 and a decrease in gas rigs by 1. This data is a key indicator of future production levels and can influence oil prices and related stocks.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 6:05 pm

ETH-USD

On Thursday, 5,155.29 Ether (ETH) valued at approximately $11.7 million was burned, permanently removing it from circulation. This is a result of the EIP-1159 upgrade implemented on August 5th, 2021, which introduced a variable base fee for transactions that is burned. The current issuance rate of new Ether is 4% annually, but with the upcoming Ethereum 2.0 upgrade, it's expected to drop to 0.5-1%, potentially making ETH a deflationary currency. The net annualized issuance rate for Ether was -4.42% yesterday, according to Glassnode.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 6:00 pm

MS

Morgan Stanley is planning to raise capital for a private credit portfolio, targeting institutional investors, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 5:41 pm

ALK

BA

Alaska Air announced the return of their first 737-9 MAX planes to service while final inspections are ongoing. The airline expects to complete inspections on all 737-9 MAX aircraft by the end of next week. Alaska Air will resume flights with the 737-9 MAX starting with Flight 1146 from Seattle to San Diego on January 26.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 5:39 pm