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BONEUSD

DOGEUSD

PEPEUSD

SHIBUSD

BONE ShibaSwap (CRYPTO: BONE), a cryptocurrency associated with the Shiba Inu ecosystem, has risen by 6% over the past 24 hours, outperforming other meme coins such as Shiba Inu (CRYPTO: SHIB), Dogecoin (CRYPTO: DOGE), and Pepe Coin (CRYPTO: PEPE) which have declined. This follows a speech by Shytoshi Kusama, the lead developer of Shiba Inu, at the Blockchain Futurist Conference.

Portfolio Pulse from Mehab Qureshi

August 16, 2023 | 6:52 am

DOGEUSD

SHIBUSD

Shiba Inu's burn rate has increased by 110% in the last 24 hours, following the announcement that its layer-2 solution, Shibarium, is nearly complete. The burning mechanism, Shibburn, reported a transfer of 216 million SHIB tokens into 'inferno' wallets, a strategy to increase scarcity and potentially raise the value of the remaining tokens. Currently, $10.1 worth of SHIB buys 1,005,475 tokens.

Portfolio Pulse from Mehab Qureshi

August 16, 2023 | 4:47 am

ETHUSD

Former President Donald Trump is reported to own up to $5 million worth of Ethereum (ETH), according to financial disclosures for 2023 posted by Citizens for Responsibility and Ethics in Washington (CREW). The disclosures also revealed that Trump earned $2.8 million from his ETH holdings and more than $4.8 million from licensing fees associated with nonfungible token (NFT) collections featuring his image. This resulted in a net profit of around $7.6 million for Trump from crypto-related ventures.

Portfolio Pulse from Mehab Qureshi

August 16, 2023 | 3:57 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced a significant decline following a mid-afternoon selloff on Tuesday. This occurred despite the launch of Europe's first Bitcoin ETF by London-based Jacobi Asset Management on Euronext Amsterdam. The ETF, regulated by the Guernsey Financial Services Commission, is now available for trading under the ticker “BCOIN”. Crypto analyst Michael Van De Poppe noted that there have been no significant updates on ETF applications from the SEC, and another analyst predicts a potential decline for Bitcoin by the end of this year.

Portfolio Pulse from Mehab Qureshi

August 16, 2023 | 3:15 am

SHIBUSD

Shiba Inu (CRYPTO: SHIB) fell by 7% amid overall market weakness following weak economic data from China and potential downgrades in the banking sector. The negative sentiment in financial markets can lead to a pullback in various asset classes, including cryptocurrencies like SHIB. Cryptocurrencies often react to macroeconomic events, which can influence investor behavior and market dynamics.

Portfolio Pulse from Henry Khederian

August 16, 2023 | 2:33 am

PLD

Over the past 10 years, Prologis (NYSE:PLD) has outperformed the market by 2.92% on an annualized basis, producing an average annual return of 13.26%. If an investor had bought $100 of PLD stock 10 years ago, it would be worth $352.76 today. Prologis currently has a market capitalization of $113.35 billion.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 9:30 pm

Fiserv (NYSE:FI) has outperformed the market over the past 15 years, producing an average annual return of 16.5%. If an investor had bought $1000 of FI stock 15 years ago, it would be worth $9,855.57 today. Fiserv currently has a market capitalization of $75.09 billion.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 9:30 pm

BAC

BLK

JPM

KBWB

XLF

Fitch Ratings has raised concerns about potential rating reductions for numerous U.S. banks, including JPMorgan Chase & Co. and Bank of America Corp. A further dip in the industry's rating from AA- to A+ could prompt Fitch to reassess the ratings of over 70 U.S. banks. This news has caused a drop in the stocks of these banks, as well as Blackrock Inc., and ETFs such as Invesco KBW Bank ETF and the Financial Select Sector SPDR Fund.

Portfolio Pulse from Piero Cingari

August 15, 2023 | 9:22 pm

NDAQ

Nasdaq (NASDAQ:NDAQ) has outperformed the market over the past 15 years, producing an average annual return of 10.89%. If an investor had bought $1000 of NDAQ stock 15 years ago, it would be worth $4,825.38 today.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 9:00 pm

FNV

Franco-Nevada (NYSE:FNV) has outperformed the market over the past 15 years, producing an average annual return of 14.19%. If an investor had bought $1000 of FNV stock 15 years ago, it would be worth $7,544.41 today. The company currently has a market capitalization of $26.43 billion.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 9:00 pm