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BTCUSD

The U.S. Securities and Exchange Committee's (SEC) recent decision not to contest a court ruling in the Grayscale Bitcoin (CRYPTO: BTC) ETF case has sparked excitement in the crypto market. Experts believe the approval of a spot Bitcoin ETF would significantly impact the market, potentially leading to increased Bitcoin adoption, a surge in trading volume, and an influx of capital. However, concerns about potential market manipulation have also been raised.

Portfolio Pulse from Murtuza Merchant

October 16, 2023 | 10:55 pm

ELYS

Elys Game Technology has reported that the Nasdaq Hearings Panel has decided to delist its common shares. The company is in the process of transferring the quotation of its common stock to one of the over-the-counter markets operated by OTC Markets Group Inc. The shares will continue to trade under the symbol 'ELYS'.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 9:31 pm

DWAC

Digital World Acquisition Corp. (DWAC) has announced that it expects to restate its 2021 audited financials in an amended and restated 2022 10-K to be filed with the SEC. The company's audit committee has concluded that the financial statements for the year ended December 31, 2021, should no longer be relied upon.

Portfolio Pulse from Charles Gross

October 16, 2023 | 9:22 pm

EIS

SPY

USO

VGK

Israeli Prime Minister Netanyahu had a conversation with Russian President Putin on Monday, during which he made it clear that Israel will not cease its operations in Gaza until Hamas is destroyed. This information was reported by Reuters, citing an Israeli statement and diplomats.

Portfolio Pulse from Charles Gross

October 16, 2023 | 9:19 pm

SPY

Philadelphia Fed President Harker has stated that the Federal Reserve should not be considering more rate increases, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 9:07 pm

BLK

BTCUSD

Bitcoin (CRYPTO: BTC) is set to deliver its strongest daily performance since August, surging by over 5%. The surge was initially triggered by a false report that the SEC had approved a Bitcoin ETF application by BlackRock Inc. (NYSE:BLK), but continued even after the report was retracted. The SEC's failure to appeal its August court loss regarding Grayscale’s application to convert its Bitcoin Trust also boosted Bitcoin's price.

Portfolio Pulse from Piero Cingari

October 16, 2023 | 8:52 pm

GMDA

Gamida Cell Ltd. (NASDAQ:GMDA) has reported preliminary data from its Phase 1 study of natural killer (NK) cell therapy candidate GDA-201, showing promising early evidence of anti-tumor activity in patients with relapsed/refractory B cell non-Hodgkin lymphoma. The study is designed to evaluate safety and determine the maximum tolerated dose. The company expects full data readout of the Phase 1 study in Q1 2024.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 8:39 pm

CPB

SOVO

Sovos Brands' stockholders have voted in favor of the company's acquisition by Campbell Soup. The transaction is expected to close in the fourth quarter of 2023, subject to regulatory approval and other closing conditions.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 8:31 pm

BTCUSD

COIN

The U.S. government reportedly holds 194,188 Bitcoin (BTC), equivalent to $5.3 billion, making it one of the largest Bitcoin holders. This figure is based on three documented seizures: the Silk Road seizure of 69,369 BTC in November 2020, the Bitfinex Hack seizure of 94,643 BTC in January 2022, and the James Zhong seizure of 51,326 BTC in March 2022. The government does not hold onto these assets with the intention of selling them when their value rises. Instead, it offloads seized tokens through crypto exchanges, as indicated by a public filing in March 2023 that showed the offloading of 9,118 BTC on Coinbase by the government.

Portfolio Pulse from Khyathi Dalal

October 16, 2023 | 8:28 pm

CMMB

Chemomab Therapeutics Ltd has filed for a mixed shelf of up to $200 million, according to a SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 8:28 pm