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ETHUSD

Uniswap Labs has introduced a 0.15% fee on specific crypto swaps involving at least two of the following tokens: ETH, USDC, WETH, USDT, DAI, WBTC, agEUR, GUSD, LUSD, EUROC, or XSGD. Transactions involving stablecoins and those between ether and wrapped ether will be exempted from this fee. This new fee, distinct from Uniswap’s existing protocol fee, is intended to sustainably fund Uniswap Labs' operations.

Portfolio Pulse from Benzinga Neuro

October 17, 2023 | 6:17 am

BLK

BTCUSD

BlackRock Inc's CEO, Larry Fink, responded to a false report that claimed the company's application for an iShares Bitcoin Trust ETF had been approved by the SEC. The hoax led to a 10% increase in Bitcoin's price. Despite the rumor being debunked, Bitcoin's price had surged to nearly $30,000, its highest point since July.

Portfolio Pulse from Mehab Qureshi

October 17, 2023 | 4:10 am

BLK

BTCUSD

DOGEUSD

ETHUSD

A false rumor about the SEC approving BlackRock's spot bitcoin ETF application led to a significant surge in major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin. The rumor resulted in the liquidation of over $104 million worth of short trading positions. However, a BlackRock spokesperson clarified that the application is still under review. Following the clarification, Bitcoin's value declined to around $28,000.

Portfolio Pulse from Mehab Qureshi

October 17, 2023 | 2:39 am

BTCUSD

The U.S. Securities and Exchange Committee's (SEC) recent decision not to contest a court ruling in the Grayscale Bitcoin (CRYPTO: BTC) ETF case has sparked excitement in the crypto market. Experts believe the approval of a spot Bitcoin ETF would significantly impact the market, potentially leading to increased Bitcoin adoption, a surge in trading volume, and an influx of capital. However, concerns about potential market manipulation have also been raised.

Portfolio Pulse from Murtuza Merchant

October 16, 2023 | 10:55 pm

TEAM

Atlassian (NASDAQ:TEAM) has outperformed the market over the past 5 years by 13.28% on an annualized basis, producing an average annual return of 22.84%. If an investor had bought $1000 of TEAM stock 5 years ago, it would be worth $2,396.75 today.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 9:30 pm

VEEV

Veeva Systems (VEEV) has outperformed the market over the past 5 years, producing an average annual return of 18.26%. If an investor had bought $100 of VEEV stock 5 years ago, it would be worth $226.70 today.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 9:30 pm

DWAC

Digital World Acquisition Corp. (DWAC) has announced that it expects to restate its 2021 audited financials in an amended and restated 2022 10-K to be filed with the SEC. The company's audit committee has concluded that the financial statements for the year ended December 31, 2021, should no longer be relied upon.

Portfolio Pulse from Charles Gross

October 16, 2023 | 9:22 pm

ARKK

GDXJ

IHI

XOP

Medium-cap ETFs with AUM between $2 billion and $10 billion were screened for weekly returns. Winners included SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and VanEck Gold Miners ETF (GDXJ), up 6.53% and 6.47% respectively. Losers included iShares U.S. Medical Devices ETF (IHI) and ARK Innovation ETF (ARKK), down 5.54% and 3.67% respectively.

Portfolio Pulse from Johnny Rice

October 16, 2023 | 9:13 pm

HYLB

JNK

SPAB

SUSA

Medium-cap ETFs were screened to determine the largest changes in net assets. iShares MSCI USA ESG Select ETF (SUSA) and SPDR Portfolio Aggregate Bond ETF (SPAB) were the winners, adding $529.80 million and $266.40 million in net assets respectively. SUSA's largest holdings are Microsoft Corporation (MSFT) and Apple Inc. (AAPL). The losers were Xtrackers USD High Yield Corporate Bond ETF (HYLB) and SPDR Bloomberg High Yield Bond ETF (JNK), losing $453.47 million and $448.86 million in AUM respectively.

Portfolio Pulse from Johnny Rice

October 16, 2023 | 9:13 pm

FMX

Fomento Economico (NYSE:FMX) has outperformed the market over the past 20 years by 4.16% on an annualized basis, producing an average annual return of 11.62%. If an investor had bought $100 of FMX stock 20 years ago, it would be worth $901.52 today.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 9:00 pm