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BTCUSD

Economist Peter Schiff, a known Bitcoin critic, has advised Bitcoin holders to sell their cryptocurrency in favor of gold and silver, citing potential favorable prices for the metals. Schiff's comments come amidst a slight decline in Bitcoin's price and a modest increase in gold's price year-to-date. Schiff's skepticism towards Bitcoin and advocacy for gold as a stable investment continue to stir debate among investors.

Portfolio Pulse from Benzinga Neuro

April 04, 2024 | 6:48 am

BTCUSD

SOL

The Solana-based meme cryptocurrency 'Book of Meow' (BOMEOW) surged 300%, reaching a market cap of $9M hours after trading began. This rise is part of a broader trend where cat-themed tokens, including MEOW with a 14,000% surge, are gaining investor interest despite Bitcoin's downturn.

Portfolio Pulse from Mehab Qureshi

April 04, 2024 | 6:15 am

BCS

Barclays Bank announced updates on its comprehensive cash tender offers and consent solicitations for 16 ETN series. This move is part of the bank's broader strategy to manage its financial products and could impact the liquidity and market perception of these ETNs.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 6:09 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced declines ahead of the anticipated Friday jobs report. Bitcoin's minor surges were influenced by U.S. service industry growth and Federal Reserve Chairman's statements. The global cryptocurrency market cap decreased by 1.46%. Meanwhile, the Dow Jones, S&P 500, and Nasdaq showed mixed results amid concerns over interest rates. Analysts predict Bitcoin could surge over 278% to $256K before a retracement.

Portfolio Pulse from Mehab Qureshi

April 04, 2024 | 4:31 am

INTC

TSM

Malaysia is emerging as a significant hub for semiconductor manufacturing amid the U.S.-China tech war, attracting major global chip firms like Intel Corp, GlobalFoundries, and Infineon due to its skilled labor force and infrastructure. Intel has invested over $7 billion in Malaysia, highlighting the country's growing importance in the semiconductor industry, which is being reshaped by geopolitical tensions and global shifts.

Portfolio Pulse from Benzinga Neuro

April 04, 2024 | 3:05 am

AAPL

AMD

NVDA

TSM

Gene Munster, a tech analyst, highlighted the potential impact of a recent earthquake in Taiwan on AI development due to production challenges at Taiwan Semiconductor Manufacturing Co. (TSMC). The 7.2-magnitude earthquake forced TSMC to halt chip production temporarily, raising concerns about the future of AI as TSMC is a crucial supplier for major companies like Apple, Nvidia, and AMD. Munster's comments draw attention to the vulnerability of AI's development to geopolitical tensions and the importance of diversifying chip manufacturing locations.

Portfolio Pulse from Sudhanshu Singh

April 04, 2024 | 1:26 am

LINK

TIA

Renowned crypto analyst Michaël van de Poppe shared his top 10 altcoin picks, highlighting buying opportunities amid a market dip. He emphasized the potential for gains despite a Bitcoin correction, noting altcoins like Chainlink and Celestia as top opportunities. Other promising altcoins include Arbitrum, Polkadot, Cosmos, DYDX, WooNetwork, Sei, Skale Network, and Covalent.

Portfolio Pulse from Khyathi Dalal

April 03, 2024 | 11:13 pm

BNBUSD

BTCUSD

EOSUSD

SHIBUSD

XRPUSD

A study by Bombastic.com using Google search data revealed Michigan's most popular cryptocurrencies, with Bitcoin (BTC) leading, followed by Binance Coin (BNB), Ripple (XRP), EOS, and Shiba Inu (SHIB). The study highlights the diverse interests of Michigan residents in both established and emerging cryptocurrencies.

Portfolio Pulse from Murtuza Merchant

April 03, 2024 | 10:21 pm

ARB

MATIC

SOL

STX

A CoinGecko report highlights meme coins as the most profitable crypto narrative in Q1 2024, with a 1312.6% average price increase. New tokens like BRETT and BOME saw significant gains, while AI and DeFi narratives also experienced growth. Established Layer 2 solutions like Arbitrum, Polygon, and Optimism underperformed against newcomers Stacks and Mantle.

Portfolio Pulse from Murtuza Merchant

April 03, 2024 | 9:31 pm

ALL

Allstate (NYSE:ALL) has delivered an average annual return of 11.99% over the past 10 years, outperforming the market by 1.12% on an annualized basis. With a current market capitalization of $45.74 billion, a $100 investment in ALL 10 years ago would be worth $311.07 today.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 9:30 pm