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ARKB

BITB

BRRR

BTCO

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DEFI

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FBTC

GBTC

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IBIT

The SEC has approved 11 Bitcoin ETFs for trading, leading to a surge in Bitcoin's price and a strong start for the ETFs on their first trading day. Despite expectations of a sell-off following the approval, the crypto market continues to trend higher. The ETFs, including ARKB, BITB, IBIT, FBTC, EZBC, GBTC, DEFI, BTCO, BRRR, HODL, and BTCW, all showed positive early price action.

Portfolio Pulse from Adam Eckert

January 11, 2024 | 3:58 pm

ABT

Over the past decade, Abbott Laboratories (NYSE:ABT) has delivered an average annual return of 11.09%, outperforming the market. A $100 investment in ABT 10 years ago would now be worth $285.91. Abbott Laboratories currently holds a market cap of $196.70 billion.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 3:30 pm

SPY

UNG

USA Natural Gas Storage reported a decrease of 140 billion cubic feet, compared to the estimated decrease of 119 billion cubic feet and the prior decrease of 14 billion cubic feet.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 3:30 pm

GOOGL

Google has partnered with Desarrollo País of Chile and Office of Posts and Telecommunications of French Polynesia to announce Humboldt, a new subsea cable route connecting Chile, French Polynesia, and Australia. This is the first direct connection between South America and the Asia-Pacific region. Humboldt will enhance digital connectivity across the Pacific, interconnecting with the South Pacific Connect initiative and supporting Chile's digital transformation strategy. The project reflects Google's commitment to digital infrastructure investment in Latin America, complementing other projects like the Google data center in Quilicura and the Curie subsea cable. The cable is expected to boost economic growth and job creation, with an estimated increase in GDP of $178 billion and 740,000 jobs in Latin America and the Caribbean by 2027.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 3:09 pm

SHIBUSD

Shiba Inu (CRYPTO: SHIB) has seen a significant price increase of 12.15% in the last 24 hours, reaching $0.000010. Over the past week, the cryptocurrency has risen over 4.0%. The trading volume surged by 66.0%, and the circulating supply grew by 0.69%, now standing at 589.28 trillion. Shiba Inu's market cap is currently ranked #18, valued at $6.17 billion.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 3:03 pm

TRXUSD

TRON (CRYPTO: TRX) has seen a 3.66% increase in price over the last 24 hours, reaching $0.11, despite a flat performance over the past week. The coin's all-time high is $0.23. Trading volume has risen by 28.0%, and the circulating supply has grown by 0.97% to 88.26 billion. TRX's market cap is currently ranked #13 at $9.46 billion.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 3:02 pm

DOGEUSD

Dogecoin (CRYPTO: DOGE) has seen a significant increase of 13.06% in the past 24 hours, reaching a price of $0.09. Over the last week, DOGE has gained 2.0%, rising from $0.08. The coin's all-time high is $0.73. Trading volume has increased by 37.0% over the past week, while the circulating supply slightly decreased by 0.08%, now standing at 142.61 billion. Dogecoin's market cap is currently ranked #11, valued at $12.47 billion.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 3:02 pm

BNB-USD

BNB (CRYPTO: BNB) has seen a 7.61% increase in price over the last 24 hours, reaching $314.11, despite a 2.0% decline over the past week from $321.63. The coin's all-time high is $686.31. BNB's trading volume has risen by 5.0% over the past week, and the circulating supply has increased by 0.07% to 153.86 million, which is approximately 76.93% of the maximum supply. BNB's market cap is currently ranked #4 at $48.87 billion.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 3:01 pm

SNAP

Over the past 5 years, Snap Inc. (NYSE:SNAP) has delivered an average annual return of 21.69%, outperforming the market by 8.81%. A $1000 investment in SNAP five years ago would now be worth $2,765.45. Snap's market capitalization currently stands at $28.40 billion.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 3:00 pm

AMLI

American Lithium (NASDAQ:AMLI) has significantly increased the estimated value of its Falchani lithium project in Peru to $5.11 billion, with potential byproducts raising the value to $5.58 billion. The project boasts a low initial capex, robust economics, and a competitive operating cost of less than $5,100 per ton of lithium carbonate. Despite a slump in lithium prices and challenges in the battery metals market, Falchani's cost advantages make it a standout project. The lithium market has seen an 80% price drop from 2022 peaks, affecting companies like Horizonte Minerals and Core Lithium, which have faced project delays and operational suspensions.

Portfolio Pulse from Stjepan Kalinic

January 11, 2024 | 2:51 pm