Streetbeat News

Assets

BTCUSD

RIOT

Riot Platforms Inc. (NASDAQ:RIOT) received $31.7 million in energy credits from the Electric Reliability Council of Texas (ERCOT) after voluntarily reducing its energy consumption during a heatwave. The value of these credits exceeded the worth of the 333 Bitcoins mined by Riot in August, which was approximately $8.9 million. Despite net losses of over $500 million in 2022, Riot's stock has increased by around 230% in 2023 due to Bitcoin's recovery.

Portfolio Pulse from Mehab Qureshi

September 08, 2023 | 7:51 am

VSH

Vishay Intertechnology has priced its offering of $650 million of 2.25% convertible senior notes due 2030.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 6:40 am

OFC

Corporate Office Properties Trust (OFC) has priced $300 million of its 5.25% exchangeable senior notes due 2028.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 6:27 am

BVN

Buenaventura has received a key environmental permit for its Yumpag project in Peru. This permit will allow the company to proceed with its mining operations in the region.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 5:24 am

BTCUSD

JPM

Over the past 24 hours, Bitcoin shorts worth over $24 million were liquidated, affecting 26,390 traders. The largest single liquidation order was on Bitmex, valued at $5.15 million. This comes as JPMorgan, the largest US bank, is developing a blockchain-based digital deposit token for cross-border payments and settlements. The bank has established most of the necessary infrastructure for the token, but regulatory approval is still pending.

Portfolio Pulse from Mehab Qureshi

September 08, 2023 | 4:23 am

BBJP

DXJ

EWJ

Japan's Gross Domestic Product (GDP) for Q2 has been reported at 1.2%, lower than the estimated 1.5% and higher than the revised prior of 0.8%.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 4:13 am

BBJP

DXJ

EWJ

Japan's adjusted current account for July was reported at 276.69T, significantly higher than the estimated 2.24T and the revised prior figure of 234.59T. The non-seasonally adjusted current account for July was 2.772T, also surpassing the estimated 2.295T and the revised prior figure of 1.509T.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 4:10 am

ETHUSD

SHIBUSD

Shibburn, a Shiba Inu (CRYPTO: SHIB) data tracker, has clarified that the surge in SHIB's price in May 2021 was due to increasing demand, not Ethereum (CRYPTO: ETH) co-creator Vitalik Buterin's burn of $1.7 billion worth of SHIB tokens. The tokens were gifted to Buterin when SHIB was initially deployed. The price of SHIB has increased five times its initial value since May 6, 2021.

Portfolio Pulse from Mehab Qureshi

September 08, 2023 | 3:24 am

BTCUSD

DOGEUSD

ETHUSD

JPM

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin surged following reports that JPMorgan is developing a blockchain-driven solution for cross-border transactions. The bank is making progress in developing a deposit token to streamline payment and settlement processes for corporate clients. The system will only become operational once regulatory approval is obtained in the US. Meanwhile, crypto exchange Binance is expanding its zero-fee trading promotion in Argentina, Brazil, and South Africa. The global crypto market capitalization stands at $1.04 trillion.

Portfolio Pulse from Mehab Qureshi

September 08, 2023 | 2:14 am

BNBUSD

ETHUSD

USDTUSD

The cryptocurrency world is facing increasing cybersecurity threats, with significant incidents involving Binance, Ethereum, and an FBI alert about Stake.com. Binance compensated users with $1 million due to a liquidity crunch with the CyberConnect token on the Upbit exchange. An Ethereum wallet holder lost $24 million in derivatives due to a phishing attack. The FBI identified North Korea's Lazarus Group as the perpetrator of a $41 million theft from Stake.com.

Portfolio Pulse from Murtuza Merchant

September 07, 2023 | 10:08 pm