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BTCUSD

COIN

The crypto market is still recovering from the FTX blowup last year, with the market value significantly decreased, NFT trading plummeted, and venture capital deals shrunk. Bitcoin has recovered by 60% this year, trading around $27,000, but remains below the record high of $69,000 set in November 2021. The $3 trillion market has now shrunk to $1 trillion. Legal proceedings against crypto firms like Genesis Global, Celsius Network, Voyager Digital, Three Arrows Capital, and BlockFi Inc. have been mounting. Coinbase Global Inc. is battling SEC allegations, and Binance is embroiled in enforcement actions by the Commodity Futures Trading Commission and SEC.

Portfolio Pulse from Benzinga Neuro

October 12, 2023 | 4:50 am

BTCUSD

Hamas has reportedly received $41 million in cryptocurrency donations between August 2021 and June 2023, according to blockchain analytics platform Elliptic. The transactions were traced back to the cryptocurrency platform Binance. Israel has taken action against cryptocurrency accounts associated with Hamas. Bitcoin was trading at $26,837.77, down 0.85% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

October 12, 2023 | 4:25 am

META

European Commissioner Thierry Breton has urged Meta Platforms Inc. (NASDAQ:META) to address the issue of disinformation during the Israel-Hamas conflict. Breton asked Meta to act swiftly in response to the spread of false information and to inform the commission about the measures Meta is taking to combat deepfake media. In response, Meta has set up a special operations center to monitor content on their platforms.

Portfolio Pulse from Ananya Gairola

October 12, 2023 | 3:39 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced a decline following the release of the minutes from the September Federal Open Market Committee meeting. The minutes revealed that a majority of committee members anticipate at least one more rate hike during this cycle. The global crypto market cap currently stands at $1.06 trillion, reflecting a decrease of 1.39% in the past 24 hours. Stocks made modest gains on Wednesday as investors awaited the release of new U.S. consumer inflation data.

Portfolio Pulse from Mehab Qureshi

October 12, 2023 | 2:47 am

TSLA

Tesla has paid penalties of A$155,460 to Australia's ACCC for an alleged breach of button battery safety standards.

Portfolio Pulse from Charles Gross

October 11, 2023 | 11:26 pm

SYK

Stryker Corp's (SYK) stock fell by 5.26% after the FDA announced the establishment of a Digital Health Advisory Committee. The committee, which will be operational in 2024, aims to address complex issues in digital health technologies, including AI and wearables. The increased regulatory scrutiny could lead to uncertainty about future regulations and requirements for healthcare companies like Stryker, potentially impacting their ability to bring innovative products to market.

Portfolio Pulse from Henry Khederian

October 11, 2023 | 10:22 pm

BMY

Bristol Myers Squibb announced new three-year results from the POETYK PSO long-term extension trial of Sotyktu (Deucravacitinib) treatment in adult patients with moderate-to-severe plaque psoriasis. The clinical response was maintained at 73.2% for Psoriasis Area and Severity Index (PASI) 75 with three years of continuous Sotyktu treatment. Sotyktu demonstrated a consistent safety profile with no increases in adverse events or serious adverse events and no emergence of any new safety signals.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 10:03 pm

EIS

SPY

USO

The U.S. State Department has raised the travel advisory for Israel and the West Bank to Level 3, advising citizens to reconsider travel due to terrorism and civil unrest. The travel advisory for Gaza remains at Level 4, advising against all travel due to terrorism, civil unrest, and armed conflict.

Portfolio Pulse from Charles Gross

October 11, 2023 | 9:41 pm

TCNNF

Trulieve Cannabis Corp (OTC:TCNNF) has donated an additional $500,000 to Florida's ballot initiative to legalize recreational marijuana, bringing its total contributions to $39.55 million. The company's financial support underscores its dominant position in backing the initiative. The proposed amendment would allow individuals aged 21 and above to possess, purchase, or use marijuana products for non-medical personal consumption. The measure is set for deliberation in a hearing scheduled for November 8th.

Portfolio Pulse from Patricio Liddle

October 11, 2023 | 9:25 pm

AVHI

Achari Ventures Holdings Corp I (AVHI) received a letter from Nasdaq on October 5, stating that the company has not regained compliance with the Minimum Value Listing Standard (MVLS) requirement.

Portfolio Pulse from Charles Gross

October 11, 2023 | 8:42 pm