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Security

BTCUSD

DOGEUSD

ETHUSD

Ahead of the FOMC meeting, Bitcoin, Ethereum, and Dogecoin experienced price corrections. Bitcoin is undergoing a standard pre-FOMC correction, with a bounce expected within 24 hours, particularly with a focus on Ethereum. Over 70,162 traders were liquidated in the last 24 hours, with total liquidations reaching $156.71 million. The largest single liquidation order was on ETH-USD-SWAP valued at $2.11 million. The global crypto market cap decreased by 0.59% to $1.5 trillion. The S&P 500 and Nasdaq Composite saw gains. Analysts predict Bitcoin may see further downward movement but remain bullish on a higher time frame. Santiment reports increased Bitcoin movement back to exchanges and a 6.9% increase in USDT on exchanges.

Portfolio Pulse from Mehab Qureshi

December 13, 2023 | 3:07 am

VEON

Kyivstar, a subsidiary of VEON Ltd., experienced a significant cyber-attack on December 12, 2023, disrupting communication services. Technical teams have partially restored fixed-line services and aim to begin full recovery from December 13. VEON supports Kyivstar's efforts and is working with Ukrainian authorities. The financial impact is currently unquantifiable and depends on the duration of service disruption. VEON will keep stakeholders informed on the progress.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 7:59 pm

LUNA

Do Kwon, co-founder of Terraform Labs, has had his detention in Montenegro extended by two months as the High Court in Podgorica responds to extradition requests from the U.S. and South Korea. Kwon faces charges related to the $60 billion collapse of TerraUSD and Luna. The final decision on his extradition is pending, with Montenegro's justice minister to choose the country. Kwon's legal team is appealing the High Court's ruling that he could be extradited.

Portfolio Pulse from Murtuza Merchant

December 12, 2023 | 7:41 pm

SPY

VGK

U.S. President Biden has expressed to Ukraine's President Zelensky that Congress should not give Putin a 'Christmas gift', implying that the U.S. should maintain a strong stance against Russia. This statement suggests continued U.S. support for Ukraine and a commitment to opposing Russian actions.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 7:35 pm

NVEI

Nuvei Corporation has achieved ISO27001 and ISO27017 certification for information security management, extending its certification globally and to its full cloud environment. This demonstrates Nuvei's commitment to stringent security standards and solidifies its position as a leading payment technology provider. The certifications are expected to support Nuvei's goal of accelerating revenue for its business customers by providing a secure transaction environment.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 4:04 pm

SPY

VGK

The U.S. Department of the Treasury has announced sanctions on over 150 individuals and entities for supporting Russia's military-industrial base. The sanctions aim to weaken Russia's ability to sustain its military efforts. The measures could potentially affect global markets and certain ETFs tracking them.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 3:51 pm

SPY

VGK

U.S. Senator Murphy expressed optimism that the Senate could reach an agreement on Ukraine aid and border security before Christmas, provided that Congress postpones its upcoming recess. This development could influence market sentiment and defense-related stocks.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 3:35 pm

GOOG

GOOGL

QCOM

A user's Google Pixel 6 Pro, powered by Alphabet Inc.'s custom Google Tensor chipset, overheated and died after a 10-minute phone call. The overheating issue is not isolated to the Pixel 6 Pro but also affects the newer Pixel 8, which uses the third-generation Tensor chipset. Despite new generations of the chipset, Google has not resolved the overheating problem, with the Pixel 8 Pro reaching temperatures close to the iPhone 15 Pro. The Tensor G3 chipset's performance is comparable to Qualcomm Inc.'s Snapdragon 8+ Gen 1 chipset from 2022.

Portfolio Pulse from Rounak Jain

December 12, 2023 | 1:00 pm

VEON

VEON's Ukrainian subsidiary Kyivstar experienced a widespread hacker attack, leading to technical failures and the temporary unavailability of communication and Internet services. The financial impact is currently unquantifiable and will depend on the duration of the service disruption.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 12:46 pm