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ETHUSD

Ethereum, the second-largest cryptocurrency by market capitalization, celebrates its 8th anniversary. Changpeng Zhao, founder and CEO of Binance, shared a missed opportunity of not investing in Ethereum before its launch. Ethereum, which traded mostly under $1 in its founding year, has seen a 187,666% gain. Despite trading way off its all-time high, Ethereum's recent upgrade to proof-of-stake is expected to push the blockchain network forward.

Portfolio Pulse from Shanthi Rexaline

July 30, 2023 | 8:00 pm

CURLF

LFLY

A pathogen called HLVd is threatening the cannabis industry by reducing the potency of cannabis crops, potentially causing billions of dollars in losses. There is currently no cure for the viroid. Curaleaf Holdings (CURLF) has managed to reduce HLVd detection in its crops to minimal levels. Leafly Holdings (LFLY) issued a report highlighting the value of the cannabis crop and the challenges faced due to lack of federal legalization.

Portfolio Pulse from Maureen Meehan

July 30, 2023 | 2:54 pm

ETHUSD

Arthur Hayes, co-founder and former CEO of BitMEX, predicts that Ethereum (ETH) could rally by 1,556% from its current price of $1,875 to $31,063. He believes that Ethereum will benefit from AI technology, with AI applications establishing decentralized autonomous organizations (DAOs) to execute smart contracts. Hayes also anticipates that tokens issued by the AI DAOs will trade on decentralized exchanges (DEXs) primarily built on Ethereum.

Portfolio Pulse from Bibhu Pattnaik

July 29, 2023 | 2:25 pm

ETHUSD

SHIBUSD

Shiba Inu (CRYPTO: SHIB) has seen a sharp spike, outperforming several of its bigger cryptocurrency counterparts. The rally is driven by the public testing of the Shibarium beta bridge, which is the bridge between the soon-to-be-launched Shiba Inu-based layer 2 blockchain Shibarium and Ethereum (CRYPTO: ETH). The volume rose about 332% to $261.89 million and market-cap rose 5.81% to $4.89 billion.

Portfolio Pulse from Shanthi Rexaline

July 29, 2023 | 2:05 pm

BNBUSD

DOTUSD

ETHUSD

SOLUSD

A report by Lattice reveals that over one-third of crypto projects funded in 2021 have not yet delivered a product. Only 5% of crypto projects have found a product-market fit (PMF) despite two years of development. The report also highlights the dominance of Ethereum (ETH) in the layer-one ecosystems, but notes that BNB teams are most at risk, with a 30% failure rate. 75% of Solana (SOL) teams delivered a product to the mainnet, while Polkadot (DOT) lagged at 62%.

Portfolio Pulse from Murtuza Merchant

July 29, 2023 | 1:13 pm

ASML

ASML Holding (NASDAQ:ASML) has outperformed the market over the past 15 years, producing an average annual return of 23.72%. If an investor had bought $1000 of ASML stock 15 years ago, it would be worth $24,638.97 today. The company currently has a market capitalization of $282.61 billion.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 9:30 pm

RMD

ResMed (NYSE:RMD) has outperformed the market over the past 5 years by 5.93% on an annualized basis, producing an average annual return of 16.1%. An investment of $1000 in RMD stock 5 years ago would be worth $2,132.94 today.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 9:30 pm

PRZO

ParaZero Technologies (NASDAQ:PRZO) saw its stock decrease by 11.98% on its first day of trading after its IPO. The company, which designs and develops autonomous parachute safety systems for commercial drones, offered 1.95 million shares at $4.00 per share. An insider lock-up period of 180 days was agreed upon, ending on January 23, 2024.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 9:30 pm

BAM

BX

CG

NMRK

The Federal Deposit Insurance Corp. (FDIC) has initiated the sale of a loan portfolio valued at $18.5 billion held by Signature Bank. The portfolio includes 201 performing capital-call loans linked to firms such as Starwood Capital Group, Carlyle Group Inc., Blackstone Inc., Thoma Bravo, and Brookfield Asset Management Ltd. Newmark Group Inc. will manage the sale, which is expected to conclude in September. The FDIC aims to unload approximately $60 billion worth of loans from Signature Bank.

Portfolio Pulse from Piero Cingari

July 28, 2023 | 9:04 pm

BKNG

Booking Holdings (NASDAQ:BKNG) has outperformed the market over the past 15 years, producing an average annual return of 24.56%. If an investor had bought $1000 of BKNG stock 15 years ago, it would be worth $25,820.76 today. The company currently has a market capitalization of $111.25 billion.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 9:00 pm