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Ethereum / US Dollar

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Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. It's a community-built technology behind the cryptocurrency ether (ETH) and thousands of applications you can use today.

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Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, are experiencing a dip despite a Senate vote to overturn a controversial SEC rule and significant inflows into Bitcoin ETFs. Notable developments include Morgan Stanley's $270M investment into Bitcoin ETFs and Robinhood's crypto trading volume slump.

Portfolio Pulse from Khyathi Dalal

May 16, 2024 | 8:48 pm

Political-themed meme coins like TRUMP and BODEN are gaining traction as the 2024 U.S. presidential elections approach. Former House Speaker Nancy Pelosi criticized a potential debate between President Biden and former President Trump. TRUMP is expected to break its $10 resistance, while BODEN may rebound. TRUMP has raised $1.5 million for charity and aims to be among the top three meme coins.

Portfolio Pulse from Khyathi Dalal

May 16, 2024 | 6:28 pm

Andrew Left, a well-known short-seller, announced on Benzinga Live that he is long on Bitcoin and short on Ether.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 4:57 pm

Bit Digital Inc (NASDAQ:BTBT) shares are rising after the company reported strong first-quarter financial results, with revenue and EPS significantly exceeding estimates. The company also saw substantial growth in Bitcoin and Ethereum mining and is exploring further growth opportunities.

Portfolio Pulse from Adam Eckert

May 16, 2024 | 4:49 pm

Robinhood Markets Inc. (NASDAQ:HOOD) has launched its first cryptocurrency staking product for Solana (CRYPTO: SOL), limited to the European market. This move is part of Robinhood's strategy to enter the growing crypto staking industry, despite regulatory challenges in the U.S. The announcement led to a 9% increase in Solana's total value locked and a 13.22% rise in its price.

Portfolio Pulse from Aniket Verma

May 16, 2024 | 5:11 am

The cryptocurrency market experienced a significant rally following lower-than-expected retail inflation data. Bitcoin surged past $66,000, Ethereum broke $3,000, and Dogecoin saw a 7.91% increase. The stock market also reached record highs, with the S&P 500, Dow Jones, and Nasdaq Composite all posting gains. Analysts predict Bitcoin's next target to be $68,000-$69,000.

Portfolio Pulse from Aniket Verma

May 16, 2024 | 1:45 am

Bit Digital Inc (NASDAQ:BTBT) reported strong Q1 earnings, with revenue up 266% year-over-year to $30 million, beating estimates. The company also reported earnings of 43 cents per share, significantly above the 1 cent estimate. The stock rose 5.06% in after-hours trading.

Portfolio Pulse from Adam Eckert

May 15, 2024 | 9:18 pm

Cryptocurrency markets are trading higher following positive consumer price inflation data. Bitcoin, Ethereum, Solana, Dogecoin, and Shiba Inu have all seen significant gains. Despite the rise, Bitcoin's large transaction volume and daily active addresses have fallen. Notable developments include Vanguard appointing a new CEO and Circle relocating to the US.

Portfolio Pulse from Khyathi Dalal

May 15, 2024 | 8:24 pm

Veteran crypto trader DonAlt signals a potential market peak, expressing bearish views on meme coins and cautioning against relying solely on Bitcoin and Ethereum. He plans to short specific assets if certain conditions are met.

Portfolio Pulse from Khyathi Dalal

May 15, 2024 | 7:10 pm

Ethereum's price has increased by 3.89% within the last 24 hours, reaching $2,998.19. Despite this short-term gain, the cryptocurrency has experienced a 1.0% loss over the past week. Trading volume has increased by 5.0%, while the circulating supply has decreased slightly by 0.1%.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 7:00 pm

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