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BTCUSD

Bitcoin (BTC) crossed $37,000 in early Asian trading hours, with nearly $50 million in BTC liquidations reported within a four-hour period. This price surge is attributed to a short squeeze and the SEC's potential approval of 12 separate spot Bitcoin ETFs over the next week. Trading volumes expanded by 57.2% and the market cap increased by 6.4% in the last 24 hours. More than $21 million in shorts were washed away on futures exchanges BitMEX, OKX, and Binance.

Portfolio Pulse from Khyathi Dalal

November 09, 2023 | 3:19 pm

BTCUSD

MSTR

MicroStrategy Incorporated (NASDAQ:MSTR) shares are trading higher, reaching a new 52-week high of $518 per share, in sympathy with Bitcoin (CRYPTO: BTC). The company holds 152,800 bitcoins, acquired for a total cost of $4.53 billion. The potential approval of a spot Bitcoin ETF is pushing the price of Bitcoin higher. MSTR shares have gained more than 16% over the last five days and more than 54% over the last month. 25.98% of available MSTR shares are being sold short.

Portfolio Pulse from Erica Kollmann

November 09, 2023 | 3:10 pm

AVAXUSD

Cryptocurrency Avalanche (AVAX) has seen a price increase of 8.52% in the past 24 hours, continuing its positive trend over the past week with a 20.0% gain. However, the trading volume for the coin has fallen 25.0% over the past week, along with a 1.25% decrease in circulating supply. The current market cap ranking for AVAX is #21 at $4.92 billion.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 3:02 pm

ETHUSD

Ethereum's (CRYPTO: ETH) price has increased by 5.49% over the past 24 hours to $1,986.94, and by over 10% in the past week. The trading volume for the coin has risen 8.0% over the past week, while the circulating supply has decreased by 2.24% to 120.27 million. Ethereum's current market cap ranking is #2 at $233.90 billion.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 3:02 pm

ADAUSD

Cardano's (CRYPTO: ADA) price has risen 9.04% to $0.39 in the past 24 hours, continuing its positive trend over the past week with a 27.0% gain. The trading volume for the coin has increased 26.0% over the past week, while the overall circulating supply of the coin has decreased 1.47%. The current market cap ranking for ADA is #9 at $13.46 billion.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 3:01 pm

BTCUSD

Bitcoin's price rose 7.26% to $37,872.00 in the past 24 hours, continuing its positive trend over the past week with a 7.0% gain. The trading volume for the coin has risen 7.0% over the past week, while the circulating supply has decreased 0.51% to 19.54 million, making up an estimated 93.04% of its max supply of 21.00 million. The current market cap ranking for BTC is #1 at $736.65 billion.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 3:01 pm

ASTR

ATRA

EVA

GVH

INBS

TMPO

U.S. stocks traded mostly flat following the release of jobless claims data. The Dow traded down 0.02%, the NASDAQ rose 0.01%, and the S&P 500 fell 0.01%. Energy shares rose by 0.8% while health care shares fell by 1%. U.S. initial jobless claims fell by 3,000 to 217,000. Astra Space, Intelligent Bio Solutions, and Globavend Holdings saw significant increases in their shares. Tempo Automation Holdings, Atara Biotherapeutics, and Enviva saw significant decreases.

Portfolio Pulse from Lisa Levin

November 09, 2023 | 2:43 pm

BTCUSD

ETHUSD

FLOWUSD

MINAUSD

NEOUSD

THETAUSD

Bitcoin and Ethereum recorded gains, trading past the $36,800 and $1,900 marks respectively. Huobi Token was the top gainer over the prior 24 hours, while WOO Network was the biggest loser. The global crypto market cap rose to $1.37 trillion, recording a 24-hour gain of 2.7%. U.S. initial jobless claims fell by 3,000 to 217,000 in the week ending Nov. 9, compared to market estimates of 218,000.

Portfolio Pulse from Lisa Levin

November 09, 2023 | 2:32 pm

EXPI

eXp World Holdings, Inc. (NASDAQ:EXPI) announced that CFO Jeff Whiteside is stepping down and a search process has been initiated for his successor. Whiteside will remain with the company until Dec. 1, 2023 to support the transition. In the interim, Chief Accounting Officer Kent Cheng will serve as Principal Financial Officer.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 2:31 pm

CMTL

Comtech (NASDAQ:CMTL) has received a $20 million order from Spectra Group to service multiple orders for its next-generation Troposcatter systems in the NATO and European regions. The order will allow Spectra Group to service existing and expected follow-on orders from undisclosed customers. Comtech's COMET system is designed to provide secure beyond-line-of-sight capabilities in challenging environments. In September 2023, Spectra Group received an $8 million order from the UK MoD for Comtech's COMET systems.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 2:25 pm