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EFTRW

Trading for EFTRW has been halted at 7:50:00 p.m. ET due to pending news. The halt is in place to manage market orderliness and ensure fair information dissemination pending the release of significant news.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 12:50 am

ADAUSD

Cardano (ADA) has seen a 7.4% price increase, attributed to a surge in development activity and significant investment inflows. With the highest average daily development activity on Github and $3.7 million in inflows in the first week of 2024, ADA's momentum is strong. Its total value locked has also increased, and the community is anticipating developments in NFTs on the Cardano platform.

Portfolio Pulse from Khyathi Dalal

January 12, 2024 | 12:07 am

DKNG

Bill Belichick has parted ways with the New England Patriots after 24 years, and Nick Saban retired from the University of Alabama. Jim Harbaugh is rumored to be considering a move to the NFL. Betting odds from DraftKings Inc (NASDAQ:DKNG) are available for potential coaching roles, with Belichick and Harbaugh being targets for various NFL teams. A $100 bet on Harbaugh to become the Patriots' next head coach would yield a $1,000 profit if it occurs. Odds for Saban's replacement at Alabama are also listed, with Dan Lanning being the favorite.

Portfolio Pulse from Chris Katje

January 11, 2024 | 11:57 pm

PROP

Prairie Operating Co. (NASDAQ: PROP) has agreed to acquire the assets of Nickel Road Operating LLC for $94.5M, with $83M in cash and $11.5M in deferred payments. The deal, effective February 1, 2024, is expected to be accretive to Prairie's financial metrics and adds 5,500 net acres and 62 PUD drilling locations in the DJ Basin. The assets produce 3,370 net Boepd and add 22.2 MMboe in proven reserves. The acquisition aligns with Prairie's strategy for value creation and long-term, debt-free growth.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 11:15 pm

ARKB

BRRR

BTCW

DEFI

FBTC

GBTC

IBIT

Bitcoin ETFs made a historic debut with over $4 billion in inflows on their first trading day. Blackrock's iShares Bitcoin Trust ETF (IBIT) led with $1 billion, while Grayscale's Bitcoin Trust (GBTC) topped with $2 billion after converting to a spot Bitcoin ETF. Fidelity's Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB) also saw significant inflows. Other funds like Valkyrie, WisdomTree, and Hashdex had inflows below $10 million. Bitcoin was trading at $46,279 with a market cap of $900 billion.

Portfolio Pulse from Piero Cingari

January 11, 2024 | 11:12 pm

BONK

DOGE

SHIB

SOL

WIF

Dogwifhat (CRYPTO: WIF) experienced a 124.5% surge following its listing on ByBit, with trading volume increasing by 445%. The meme coin's market cap nearly quadrupled, positioning it as the fifth-largest meme coin. Analysts suggest Binance and Coinbase could list WIF next. Dogwifhat outperformed other meme coins like Bonk and established tokens such as Dogecoin and Shiba Inu. Daily unique holders of WIF have surpassed 30,000, with whale activity contributing to its initial price movement. An $8.8 million purchase of WIF, now worth $3.1 million, is speculated to be a publicity stunt.

Portfolio Pulse from Khyathi Dalal

January 11, 2024 | 10:53 pm

SVFD

Save Foods, Inc. has filed a prospectus related to the potential resale of up to 6.7 million shares of its common stock from time to time. The filing was made through an S-1 form with the relevant regulatory authorities.

Portfolio Pulse from Charles Gross

January 11, 2024 | 10:31 pm

CHH

Wyndham has received a Second Request from the FTC under the HSR Act regarding Choice's unsolicited hostile offer. Wyndham's Chairman, Stephen P. Holmes, stated that the FTC's decision was expected and reiterated that the offer undervalues Wyndham and poses significant risk to its shareholders.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 10:11 pm

CPA

Copa Holdings reported a 10.6% increase in December system-wide passenger traffic and a 9.3% rise in capacity. The load factor also improved by 1.0% year-over-year to 85.1%.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 10:06 pm

ZIM

ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) shares increased by over 8.5% on Thursday, continuing an uptrend despite earlier losses in the week. The volatility in ZIM's stock is partly due to Houthi attacks in the Red Sea affecting shipping stocks and rising container prices. ZIM's shares have surged over 93% from recent lows, reaching a peak not seen since last summer. The company also announced a partnership with Hoopo Systems Ltd. for advanced tracking devices in its dry-van containers. Price targets for ZIM have varied from $5 to $10.50 in recent weeks.

Portfolio Pulse from Ryan Gustafson

January 11, 2024 | 10:03 pm