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ETHUSD

Ethereum (ETH) has seen a 4.99% increase in price over the last 24 hours, reaching $2,335.37, and a 3.0% gain over the past week. The coin's all-time high is $4,878.26. Trading volume has risen by 54.0%, while the circulating supply has slightly decreased. Ethereum's market cap ranks it second at $279.23 billion.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 3:00 pm

BTCUSD

ETHUSD

OPUSD

SEIUSD

Ethereum (ETH) rose above $2,300 following the release of U.S. core PCE data showing a slight increase of 0.1% from the previous month. Optimism (OP) emerged as the top gainer with a 24.6% increase, while Sei (SEI) was the biggest loser, dropping 14.6%. The global crypto market cap increased by 0.8% to $1.66 trillion, with Bitcoin (BTC) trading slightly lower at $43,739. Other notable gainers include Oasis Network (ROSE), Arbitrum (ARB), Algorand (ALGO), and Pepe (PEPE), while Helium (HNT), SATS, Stacks (STX), and Beam (BEAM) were among the losers.

Portfolio Pulse from Avi Kapoor

December 22, 2023 | 2:32 pm

FTTUSD

SOLUSD

Solana (CRYPTO: SOL) has experienced a 17% rally in the past 24 hours, driven by optimism about the blockchain's prospects. However, concerns about potential market dumps arise due to FTX (CRYPTO: FTT) and Alameda Research transferring 13.22 million SOL to exchanges and possibly holding 2 million SOL for liquidation. Despite this, Solana's strong fundamentals and a gradual unlock schedule of 40.5 million SOL by 2025 are keeping investor sentiment bullish. The token's price has surged 550% since FTX's bankruptcy, showing strong demand despite the association with FTX.

Portfolio Pulse from Murtuza Merchant

December 22, 2023 | 2:21 pm

ROP

Over the past 10 years, Roper Technologies (NASDAQ:ROP) has yielded an average annual return of 14.61%, outperforming the market. A $1000 investment in ROP a decade ago would be worth $3,910.93 today. Roper Techs currently has a market cap of $57.72 billion.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 2:00 pm

Ingersoll Rand (NYSE:IR) has delivered an impressive average annual return of 30.25% over the past 5 years, outperforming the market. A $1000 investment in IR five years ago would now be worth $4,006.34. The company's current market capitalization stands at $30.68 billion.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 2:00 pm

ESRT

SLG

VNO

Despite Donald Trump's significant presence in New York City real estate, he is not the largest property owner there. The City of New York holds the top spot with 362.1 million square feet. Vornado Realty Trust, SL Green Realty, Tishman Speyer, and Blackstone Group are among the top private property owners. Vornado Realty Trust (VNO) has 29.7 million square feet, SL Green Realty Corp. (SLG) has 28.7 million, Tishman Speyer has 20.5 million, and Blackstone Inc. (BX) has 20.1 million square feet. Empire State Realty Trust Inc. (ESRT) also owns significant real estate, including the Empire State Building, with approximately 10 million square feet.

Portfolio Pulse from Chris Bibey

December 22, 2023 | 2:00 pm

AAPL

AMZN

BRK.A

DIS

MSFT

NKE

TSLA

Cryptocurrencies like Dogecoin, SHIB, and Solana are experiencing significant market movements. Tesla is recalling 120,000 Model S and X EVs due to door issues. Nike and NetEase stocks moved lower in pre-market trading. US markets are optimistic with Dow jumping over 300 points. US and world politics are active with developments in US-China relations and Trump's potential 2024 run. The US economy sees criticism from Peter Schiff regarding Q3 GDP. In tech, Apple and Microsoft face challenges, while Tencent is hit by new regulations. The EV sector is highlighted by Tesla's recall and bullish predictions. GM recalls Chevrolet Bolt EVs. Amazon and Disney face challenges in communication, while Boeing resumes 787 deliveries to China. US banks may face significant losses in real estate, and Berkshire Hathaway increases its stake in Occidental Petroleum.

Portfolio Pulse from Akanksha Bakshi

December 22, 2023 | 1:35 pm

SPY

USA Building Permits for the month came in at 1.467 million, slightly above the estimate of 1.460 million but below the prior figure of 1.498 million.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 1:28 pm

BTCUSD

ETHUSD

The global cryptocurrency market has grown significantly in 2023, with 42 countries advancing crypto regulations, including Europe's MiCA legislation. Goldman Sachs highlighted the increasing institutionalization of the crypto market, with CME leading in Bitcoin futures by open interest. The SEC was active in regulating the crypto industry, despite losing a case against Ripple over XRP. The crypto market looks forward to the 2024 Bitcoin halving event and potential SEC approval of spot Bitcoin ETFs. Bitcoin and Ethereum surged by 18% and 12%, respectively, while other cryptocurrencies like Avalanche, Cardano, and Polkadot also saw significant gains. DeFiLlama data shows a notable increase in the total value locked on various blockchain platforms.

Portfolio Pulse from Khyathi Dalal

December 22, 2023 | 1:25 pm

GELYY

STLA

Geely Automobile Holding Ltd's EV exports face potential delays and cost increases due to hostilities in the Red Sea, prompting shippers to reroute around the Cape of Good Hope instead of the Suez Canal. This could lead to quintupled shipping costs and a vessel shortage. China's vehicle exports to Europe have surged, causing EU regulatory concerns. Stellantis N.V. is monitoring the situation to adapt its strategy.

Portfolio Pulse from Shivani Kumaresan

December 22, 2023 | 1:09 pm