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Bitcoin recovered to over $44,000, with the global cryptocurrency market cap rising to $1.66 trillion. Grayscale and VanEck reignited hopes for a U.S. Spot ETF approval with new filings. The Crypto Fear & Greed Index indicated 'Greed' at a value of 72. Analysts predict a bullish run for Bitcoin and Ethereum, with potential price targets of $48,000 and $57,000 for Bitcoin. Ethereum's non-exchange whales are accumulating, suggesting positive sentiment.

Portfolio Pulse from Shivdeep Dhaliwal

January 05, 2024 | 3:12 am

TSLA

Tesla Inc (NASDAQ:TSLA) has expanded its global supercharger network to 55,000 units, adding 5,000 new superchargers in just four months. This rapid deployment reflects Tesla's scaling efforts since the network's inception in 2012. The expansion is significant as several major automakers, including Ford, General Motors, Rivian, Volvo, and Mercedes-Benz, have announced partnerships to adopt Tesla's charging standard and access its supercharger network starting in 2025, with adapters for existing customers available in 2024. Tesla's superchargers can add 200 miles of range in 15 minutes, improving the charging experience for EV owners.

Portfolio Pulse from Anan Ashraf

January 05, 2024 | 2:29 am

BTCUSD

ETHUSD

GBTC

SOLUSD

TIAUSD

Messari's report highlights Bitcoin's strong performance, labeling it the 'Godzilla of Finance' after ETF approval and accounting changes favoring BTC holdings. Bitcoin's price rose 3.3% in the last 24 hours, with a 26% gain over two months. December NFT volume hit $881 million, outpacing Ethereum and Solana combined. Bitcoin's dominance is at 51.4%, with potential for consolidation. Ethereum is praised for its supply dynamics, while Solana is the top pick among analysts. Render, Bittensor, and Autonolas are also winners. Key figures in the crypto space for 2024 include Larry Fink, Cathie Wood, Elon Musk, and Elizabeth Warren. Products like Solana's Firedancer, Celestia, BASE from Coinbase, Grayscale, Lido, and Project Guardian are noted.

Portfolio Pulse from Khyathi Dalal

January 04, 2024 | 11:57 pm

BLK

The SEC has been in discussions with firms seeking approval for a spot Bitcoin ETF, focusing on the redemption model, handling of hard forks, and disclosure of authorized participants. Grayscale Investments and BlackRock Inc. (NYSE:BLK) have been urged by the SEC to adopt a cash redemption model, with Grayscale amending its S-3 form to comply. The SEC also wants issuers to disclose authorized participants, with BlackRock naming Jane Street Capital and JPMorgan Securities LLC. Firms have reached a consensus on handling hard forks, with Grayscale stating its ETF would not receive tokens from hard forks or airdrops. Meetings with major exchanges have fueled speculation about the approval of a spot Bitcoin ETF.

Portfolio Pulse from Murtuza Merchant

January 04, 2024 | 10:26 pm

DKNG

Bet365, an online sports betting operator, revealed the most wagered-on teams and popular betting types across major North American sports leagues for 2023. The Kansas City Chiefs led NFL betting, possibly influenced by Travis Kelce's romance with Taylor Swift. Popular MLB teams included the Yankees, Phillies, Dodgers, and Blue Jays. In the NBA, the Nuggets, Lakers, and Celtics were top choices, with Jokic, Doncic, and Antetokounmpo as the most bet on players. The Bruins, Rangers, Maple Leafs, and Golden Knights were the NHL favorites, while the Aces and Liberty led WNBA betting. College football betting was dominated by Georgia, Michigan, Alabama, and Ohio State.

Portfolio Pulse from Chris Katje

January 04, 2024 | 10:00 pm

AER

AerCap Holdings has announced the pricing of $1.5 billion of senior notes. The subsidiaries of AerCap plan to use the proceeds for general corporate purposes such as acquiring, investing in, financing or refinancing aircraft assets, and repaying debt.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 9:58 pm

MPW

Medical Properties Trust (MPT) has announced its intention to expedite the process of recovering uncollected rents and outstanding loan obligations from Steward Health Care. MPT is focusing on addressing the financial issues related to Steward's delayed payments.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 9:51 pm

ADBE

Adobe (NASDAQ:ADBE) has significantly outperformed the market with an average annual return of 25.42% over the past 10 years. An initial investment of $1000 in ADBE a decade ago would now be worth $9,615.91. Adobe's market capitalization currently stands at $258.18 billion.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 9:30 pm

FERG

Over the past 5 years, Ferguson (NYSE:FERG) has produced an average annual return of 22.61%, outperforming the market by 9.89% on an annualized basis. A $1000 investment in FERG five years ago would be worth $2,900 today. Ferguson currently has a market cap of $37.91 billion.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 9:30 pm

ARKK

KRE

NVDA

TSLA

Matthew Tuttle, CEO of Tuttle Capital Management, has filed for six new leveraged and inverse Bitcoin ETFs. These ETFs are designed for short-term trading and are not recommended for non-active investors. Tuttle previously launched ETFs that bet against Cathie Wood's ARKK and Jim Cramer's stock recommendations. Additionally, Tuttle Capital launched leveraged and inverse ETFs for Tesla and NVIDIA in October 2023, with nearly $100 million in assets under management. Tuttle also introduced the SKRE ETF, which offers a leveraged inverse investment option against regional banks, following Cramer's recommendation of SVB Financial Group before its collapse.

Portfolio Pulse from Chris Katje

January 04, 2024 | 9:29 pm