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BTCUSD

During Benzinga's Crypto Webinar, Jesper Toft commented on the U.S. position in the cryptocurrency market, suggesting that the U.S. was previously behind but with the introduction of a crypto ETF, it is poised to become dominant in the market.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 5:02 pm

BTCUSD

During Benzinga's Crypto Webinar, Jesper Toft discussed the relevance of cryptocurrency for everyone and the ongoing process of promoting a U.S. ETF focused on crypto, which has the potential to be marketed globally.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:51 pm

BLK

BTCUSD

During Benzinga's Crypto Webinar, Alex Chizhik discussed how an ETF can solve custody problems associated with cryptocurrencies. He also mentioned the potential for other financial products to be layered onto it. BlackRock has acknowledged the demand for such financial products.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:47 pm

BLK

BTCUSD

Stefan Rust, founder of Truflation and former CEO of Bitcoin.com, stated in Benzinga's Crypto Webinar that there is demand for cryptocurrencies, leading to firms like BlackRock and Fidelity engaging in the space and adding credibility to the market.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:41 pm

BTCUSD

During Benzinga's Crypto Webinar, Jesper Toft, CEO & Founder of GSU Protocol, discussed the creation of the first coin designed to track a specific rate. No further details on the rate being tracked or the implications for the cryptocurrency market were provided in the article.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:36 pm

PCSA

Processa Pharmaceuticals, Inc. (NASDAQ:PCSA) stock surged after announcing the completion of the safety tolerability evaluation in its Phase 1b trial of Next Generation Capecitabine. The data from the trial will be used to select two dosage regimens for the Phase 2 trial in advanced or metastatic breast cancer, with FDA agreement. The stock experienced a circuit breaker halt due to heavy trading volume, with shares trading up 148% at $5.09.

Portfolio Pulse from Erica Kollmann

January 25, 2024 | 4:32 pm

GBTC

Dave LaValle, Grayscale's Head of ETFs, discussed BTC ETFs during Benzinga's Crypto Webinar, highlighting their potential as a digital store of value with properties similar to gold. He also mentioned their diversification benefits and how they can be considered a disruptive technology.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:13 pm

GBTC

Dave LaValle, Grayscale's Head of ETFs, discussed the purpose of Bitcoin ETFs during Benzinga's Crypto Webinar. He emphasized that Bitcoin ETFs are designed for long-term exposure to Bitcoin futures, suggesting a focus on the future market rather than immediate spot prices.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:07 pm