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MMM

3M (NYSE:MMM) has seen a significant decrease in short interest, with a 43.67% drop since the last report, indicating a more bullish market sentiment towards the company. The current short interest stands at 7.12 million shares, or 1.29% of all shares available for trading, requiring approximately 1.3 days for traders to cover their short positions. This change in short interest is contrasted with the peer group average of 18.59%, suggesting 3M has less short interest compared to its peers, potentially signaling stronger performance or investor confidence in 3M.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 7:15 pm

ICPUSD

Cryptocurrency Internet Computer (ICP) has seen a decrease of 5.18% in its price over the last 24 hours, now at $13.89, despite a 14.0% increase over the past week from $12.24. The trading volume for ICP has risen by 14.0%, and its market cap ranking is now #21 at $6.42 billion. The volatility and price movements are illustrated with Bollinger Bands in the provided chart.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 7:03 pm

WBTCUSD

Wrapped Bitcoin (WBTC) experienced a 3.91% decrease in price over the last 24 hours, now at $64,203.00, despite a weekly uptrend of 6.0%. Trading volume fell by 36.0%, while circulating supply slightly increased. WBTC's market cap ranks it 14th at $9.94 billion.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 7:02 pm

DOTUSD

Polkadot (CRYPTO: DOT) experienced a 4.72% price decrease over the last 24 hours, falling to $7.03, despite a 6.0% gain over the past week. The trading volume for DOT has increased by 18.0%, while its circulating supply slightly decreased by 0.08%, bringing the total to 1.36 billion. Currently, DOT's market cap ranks #17 at $9.47 billion.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 7:02 pm

BCHUSD

Bitcoin Cash (BCH) experienced a 5.02% price drop over the last 24 hours, contrasting with a 3.0% gain over the past week. The trading volume decreased by 34.0%, and the circulating supply slightly reduced. Despite the recent drop, its market cap ranks it at #16.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 7:01 pm

BTCUSD

Bitcoin (BTC) has seen a decrease of 3.85% in the last 24 hours, bringing its price to $64,222.00, despite a weekly uptrend of 5.0%. The trading volume has dropped by 48.0%, and the circulating supply has slightly decreased to 19.69 million, representing 93.76% of its max supply. Bitcoin's market cap remains the highest at $1.27 trillion.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 7:00 pm

SQ

Block (NYSE:SQ), co-founded by Jack Dorsey, announced the development of a comprehensive Bitcoin mining system, including a new three-nanometer chip, aiming to make Bitcoin mining more accessible. This move is part of Block's strategy to democratize Bitcoin mining by addressing challenges such as high costs, complex setup, and operational issues like heat and noise. The initiative also seeks to decentralize Bitcoin creation and ensure a more even distribution of the hashrate globally.

Portfolio Pulse from Murtuza Merchant

April 24, 2024 | 6:49 pm

DOGEUSD

FLOKIUSD

PEPEUSD

SHIBUSD

Pepe (CRYPTO: PEPE) has seen a 50% increase over the past week, with predictions it could surpass Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) in value. Influential trader Murad cites Pepe's vast meme culture as a key factor. Despite a slight dip in the last 24 hours, the coin's significant weekly gain and a notable purchase by a whale suggest bullish sentiment. The upcoming Benzinga event will further discuss meme coins' impact.

Portfolio Pulse from Khyathi Dalal

April 24, 2024 | 6:39 pm

BAC

Deep-pocketed investors have shown a bullish sentiment towards Bank of America (NYSE:BAC), with a significant surge in options activity reported by Benzinga. The activity includes 35 notable options trades, with a bullish majority of 54% and a bearish minority of 42%. The trades span a price target window from $20.0 to $40.0 for BAC. The largest trades observed include both calls and puts, with sentiments ranging from neutral to bullish and bearish. Bank of America, a major US financial institution, saw its stock price at $38.06, down by -0.81%, with a trading volume of 16,643,380 and an RSI indicating a potential approach to overbought territory.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 6:32 pm

CRM

Salesforce (NYSE:CRM) has seen significant options trading activity, with a mix of bullish and bearish sentiments among investors. The trading volume and open interest analysis indicate a price target range between $200 and $410. Notable trades include both calls and puts with varying sentiments and strike prices. Salesforce's current trading volume is 1,846,367, with a slight price increase of 0.26% to $277.41. Analyst ratings over the past month suggest an average target price of $351, with ratings ranging from Buy to Outperform. The company is expected to announce earnings in 35 days.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 6:16 pm