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DKNG

Crypto analytics platform CoinScan has raised $6.3 million in initial funding to fuel product development and expansion. Key investors include Shalom MecKenzie, the top individual shareholder of DraftKings Inc (NASDAQ:DKNG), and Tectona, a publicly traded digital asset company. CoinScan aims to combat crypto scams and hacks, which have led to nearly $1 billion in losses this year.

Portfolio Pulse from Mehab Qureshi

September 21, 2023 | 7:00 am

BTCUSD

DOGEUSD

ETHUSD

IMXUSD

The native token of the non-fungible tokens (NFT) platform ImmutableX, known as IMX, surged by 34% on Thursday, led by South Korean traders. Major cryptocurrencies like Bitcoin, Ether, and Dogecoin traded slightly lower. The surge in IMX trading volume, which increased by over 2000%, can be attributed to growing interest and investment in IMX. Upbit, a particular exchange, showcased noteworthy volume growth in IMX trading.

Portfolio Pulse from Mehab Qureshi

September 21, 2023 | 6:35 am

IAUX

i-80 Gold has announced a $20 million gold prepay accordion with Orion Mine Finance. The deal will provide i-80 Gold with additional capital for its operations.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 5:53 am

ETHUSD

SHIBUSD

The burn rate of Shiba Inu (CRYPTO: SHIB) has increased by over 330% in the past 24 hours, resulting in the permanent removal of more than 131 million SHIB tokens from circulation. The Shiba Inu Layer-2 platform, Shibarium, has surpassed 1.2 million total wallet addresses and is close to reaching 3 million transactions. The price of SHIB has increased by 1.16% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

September 21, 2023 | 5:00 am

BTCUSD

DOGEUSD

ETHUSD

GOOGL

MSFT

NVDA

Major cryptocurrencies Bitcoin, Ethereum, and Dogecoin saw a decrease in value following hawkish remarks by Fed Chair Jerome Powell. The Federal Reserve decided to maintain its current monetary policy, keeping the benchmark interest rate unchanged at 5.25% to 5.50%. However, Fed officials revised their projections for next year, indicating a higher expected interest rate of around 5.1%. Stocks also slipped following the announcement, with Microsoft, Nvidia, and Alphabet experiencing declines. Crypto analysts predict that Bitcoin is likely to start trending up, while Ethereum dominance may decrease over the next few months.

Portfolio Pulse from Mehab Qureshi

September 21, 2023 | 2:47 am

BTCUSD

ELONUSD

Dogelon Mars (CRYPTO: ELON) has surpassed Bitcoin (CRYPTO: BTC) as the most talked-about cryptocurrency, according to behavior analytics platform Santiment. The token saw a recent surge in network growth and a 1.7% price surge. However, it was a profitable investment for only 14% of investors. Bitcoin and FINSCHIA (FNSA) followed ELON in the discussion rate percentage increase.

Portfolio Pulse from Khyathi Dalal

September 20, 2023 | 11:15 pm

BTCUSD

Nicholas Merten, host of YouTube channel DataDash, predicts a steady decline in Bitcoin's value, contrary to bullish narratives that expected a surge due to factors like a Bitcoin ETF, de-dollarization, and BRICS. Merten warns of potential repercussions for those heavily invested in the cryptocurrency and anticipates a significant shift in broader asset markets due to macroeconomic uncertainty.

Portfolio Pulse from Murtuza Merchant

September 20, 2023 | 10:46 pm

IBM

Peter Brown, CEO of Renaissance Technologies, discussed his early career in language technology before joining the finance world. He worked at IBM as a language technology expert, where he built large language models that aimed to mimic human knowledge of grammar and semantics through raw data. His foundational work has paved the way for modern models like ChatGPT.

Portfolio Pulse from AJ Fabino

September 20, 2023 | 10:10 pm

HWBK

Hawthorn Bancshares has appointed Christopher Hafner as its new CFO, effective from October 13, 2023. He replaces Steve Guthrie, who retired from the position on September 1, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 9:18 pm