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PYPL

PayPal (NASDAQ:PYPL) has launched PayPal On and Off Ramps integration, a secure payment solution aimed at making the process of buying and selling crypto in the U.S. more efficient. The offering will make digital wallets, decentralized applications (dApps), and NFT marketplaces more accessible. PayPal is also the first financial service company to launch its native stablecoin PYUSD to promote the use of crypto as a payment method.

Portfolio Pulse from Khyathi Dalal

September 12, 2023 | 3:06 pm

APEUSD

AXSUSD

FTTUSD

SOLUSD

Crypto exchange FTX plans to offload approximately $3.4 billion in cryptocurrency to provide its users with fiat currency, a move expected to impact the altcoin market until the end of 2023. FTX plans to liquidate $200 million in crypto assets weekly. This move has already influenced the decline of Solana (CRYPTO: SOL). ApeCoin (CRYPTO: APE) and Axie Infinity’s token (CRYPTO: AXS) are also expected to be affected due to scheduled unlocks of their tokens.

Portfolio Pulse from Murtuza Merchant

September 12, 2023 | 3:06 pm

SPY

The article provides a link to the Barclay's Global Financial Services Conference event. The SPY ETF may be mentioned during the conference.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 3:01 pm

TRXUSD

TRON's (CRYPTO: TRX) price has increased by 5.32% over the past 24 hours to $0.08. Over the past week, TRX has seen an increase of over 6.0%. The trading volume for the coin has climbed 72.0% over the past week, while the overall circulating supply of the coin has decreased by 2.66% to 89.23 billion. The current market cap ranking for TRX is #11 at $7.24 billion.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 3:01 pm

ANET

Arista Networks (NYSE:ANET) has outperformed the market over the past 5 years by 14.65% on an annualized basis, producing an average annual return of 23.73%. If an investor had bought $1000 of ANET stock 5 years ago, it would be worth $2,831.93 today.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 3:00 pm

BDX

Becton Dickinson (NYSE:BDX) has outperformed the market over the past 20 years by 2.75% on an annualized basis, producing an average annual return of 10.33%. If an investor had bought $100 of BDX stock 20 years ago, it would be worth $726.06 today.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 3:00 pm

BTCUSD

Bitcoin's price has risen 3.77% to $26,108.00 in the past 24 hours, continuing its positive trend over the past week with a 2.0% gain. The trading volume for the coin has risen 123.0% over the past week, diverging from the circulating supply of the coin, which has decreased 0.36%. The current market cap ranking for BTC is #1 at $509.07 billion.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 3:00 pm

DIS

DKNG

The New York Jets' star quarterback Aaron Rodgers suffered an Achilles tendon injury during a game aired on ESPN and ABC, both units of The Walt Disney Company (NYSE:DIS). This has impacted the Jets' Super Bowl and playoff odds, affecting betting odds at sportsbooks, including DraftKings Inc (NASDAQ:DKNG). The Jets may look to the free agency market for a replacement quarterback.

Portfolio Pulse from Chris Katje

September 12, 2023 | 2:52 pm

COIN

Shares of Coinbase Global Inc (NASDAQ:COIN) are trading higher by 6.1% amid a rebound in the price of Bitcoin. This comes after major cryptocurrencies saw a sharp decline due to concerns about potential selling pressure from the bankruptcy of exchange FTX. FTX is preparing to liquidate $3.4 billion in crypto assets, with Galaxy Digital set to oversee the sale.

Portfolio Pulse from Henry Khederian

September 12, 2023 | 2:44 pm

AVTX

Avalo Therapeutics Inc (AVTX) has agreed to sell its rights, title, and interest in assets relating to AVTX-801, AVTX-802, and AVTX-803 to AUG Therapeutics. AUG will pay an upfront payment of $150,000 and make a contingent milestone payment of up to $45 million. The transaction is expected to close in Q4 of 2023. The deal will have an immediate positive impact on Avalo's cash flow and reduce the utilization of internal resources for non-core assets.

Portfolio Pulse from Vandana Singh

September 12, 2023 | 2:44 pm