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ETCUSD

Ethereum Classic (CRYPTO: ETC) has seen a 6.25% increase in price over the last 24 hours, reaching $35.58, continuing a positive trend with an 11.0% gain over the past week from $32.11. Despite a 1.0% decrease in trading volume over the week, the circulating supply has risen by 0.22% to 146.45 million, which is 69.51% of its max supply. The current market cap of ETC is $5.21 billion, ranking it #26.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 7:02 pm

ADAUSD

Cardano's (CRYPTO: ADA) price has seen a 4.26% increase over the past 24 hours, reaching $0.61, despite a week-long trend of no significant change from $0.62. The trading volume has decreased by 31.0%, and the circulating supply has slightly decreased by 0.06%, with a current market cap ranking of #10 at $21.61 billion.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 7:01 pm

XRPUSD

XRP has seen a 5.09% increase in price over the last 24 hours, reaching $0.62, with a weekly increase of over 3.0%. Its trading volume and circulating supply have also risen. XRP's market cap ranks it #7 at $34.37 billion.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 7:00 pm

AUUD

LGVN

PERI

PLOW

WTO

U.S. stocks traded higher with the Nasdaq Composite gaining 0.1%. Consumer discretionary shares jumped by 0.9%, while health care shares fell by 0.3%. Perion Network Ltd. (NASDAQ:PERI) cut its FY24 revenue guidance significantly. Auddia Inc. (NASDAQ:AUUD) surged 199% after being awarded a U.S. Patent for its AI technology in the faidr app. UTime Limited (NASDAQ:WTO) and Longeveron Inc. (NASDAQ:LGVN) also saw significant gains. Douglas Dynamics, Inc. (NYSE:PLOW) fell after a downgrade by Baird. Gold and silver prices increased.

Portfolio Pulse from Avi Kapoor

April 08, 2024 | 6:51 pm

CANE

The Teucrium Sugar Fund ETF (CANE) experienced a gap down in Monday's trading session amid mixed sugar price forecasts due to the El Nino weather event. El Nino historically affects sugar crop production in major producing countries like Brazil and India, leading to price fluctuations. The outlook for sugar prices is mixed, with bearish factors like increased sugarcane production in India and bullish factors like reduced production in Thailand. Technical analysis indicates CANE is in a downtrend but may bounce back in the short term.

Portfolio Pulse from Melanie Schaffer

April 08, 2024 | 6:23 pm

PATH

UiPath's (NYSE:PATH) short interest has increased by 3.02% since the last report, with 17.57 million shares sold short, representing 4.43% of its float. This places UiPath above its peer group average of 4.22% in short interest as a percentage of float. The rise in short interest signals a more bearish market sentiment towards UiPath, though it doesn't necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 6:15 pm

NEM

Newmont's (NYSE:NEM) short interest has increased by 14.35% since the last report, with 22.31 million shares sold short, representing 2.47% of its float. This indicates a bearish market sentiment, although it's lower than its peer group average of 3.79%. The coverage time for these short positions is approximately 1.1 days.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 6:15 pm

DOGEUSD

FLOKIUSD

Floki (CRYPTO: FLOKI) has seen a 3.4% increase in the past 24 hours, with analysts bullish on its prospects, especially with the upcoming Doge Day on 4/20. A new program by TokenFi allows users to purchase up to four times more tokens, requiring a $1,000 stake in TOKEN for priority access. Floki was also listed on the M2 Exchange, a regulated platform in the U.A.E. Influential figures in the crypto community have highlighted Floki's strong fundamentals and potential for significant gains, comparing it to Dogecoin (CRYPTO: DOGE) as a 'levered DOGE play'.

Portfolio Pulse from Khyathi Dalal

April 08, 2024 | 5:57 pm

AIRC

COIN

TLT

TSLA

TSM

Wall Street sees a cautious trading session with slight declines in major indices ahead of a data-rich week, focusing on March inflation data. Tesla rallies 4.5% on 'Robotaxi' news, while Bitcoin surpasses $71,500. The iShares 20+ Year Treasury Bond ETF weakens as Treasury yields rise. Oil prices drop 1% due to eased Middle East tensions. Apartment Income REIT surges 23% after Blackstone's acquisition announcement. Taiwan Semiconductor gains on US subsidy news, and Coinbase outperforms in the crypto sector.

Portfolio Pulse from Piero Cingari

April 08, 2024 | 5:49 pm

AVGO

Broadcom (NASDAQ:AVGO) has seen a mix of bullish and bearish sentiment among big money investors, with a tilt towards bearishness in recent options trading. Despite this, analysts have varied opinions on the stock, with price targets ranging from $1405 to $1700. The stock is currently down slightly, with potential indicators of being overbought. Options trading suggests a wide price range prediction for Broadcom, indicating significant volatility and interest in the stock.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 5:46 pm