Streetbeat News

SOL

Emeren Group, Ltd.

Industry

Solar

Emeren Group Ltd is solar project developer, owner, and operator. The Company specializes in solar project lifecycle, construction management, and financing services.

Open

1.33

Mkt cap

6.1M

Volume

1.2M

High

1.43

P/E Ratio

-23.80

52-wk high

3.00

Low

1.04

Div yield

N/A

52-wk low

1.04

Memecoins such as Dogwifhat, Floki, and Bonk recorded significant gains despite a broader market sell-off. Dogecoin and Shiba Inu also traded positively. The surge in memecoins comes amid panicky market sentiment and defunct cryptocurrency exchange repayment plans.

Portfolio Pulse from Aniket Verma

June 25, 2024 | 4:08 am

3iQ Corp has filed a preliminary prospectus to launch North America's first Solana-based exchange-traded product (ETP) in Canada under the ticker QSOL. This move aligns with the growing interest in cryptocurrency ETFs, although there is skepticism about the near-term feasibility of such ETFs in the U.S. due to regulatory hurdles.

Portfolio Pulse from Aniket Verma

June 21, 2024 | 2:48 am

On June 14, 2024, several marijuana stocks experienced significant price movements. Notable gainers included Global Hemp Group (OTC:GBHPF) and 22nd Century Group (NASDAQ:XXII), while significant losers included Maple Leaf Green World (OTC:MGWFF) and Cara Therapeutics (NASDAQ:CARA).

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 8:30 pm

Shopify merchants can now accept payments in hundreds of cryptocurrencies through an upgraded Solana Pay plugin by Helio. This integration aims to enhance the payment experience and customer loyalty programs, offering low-fee transactions and real-time conversions to stablecoins. The plugin has processed $50 million in transactions in its first six months, saving merchants over $1 million in fees. Notable brands like Solana Mobile and Hivemapper are early adopters.

Portfolio Pulse from Murtuza Merchant

June 13, 2024 | 3:05 pm

Circle, the issuer of USD Coin (USDC), has expanded its Web3 services to Solana, launching Programmable Wallets and Gas Stations to simplify decentralized app development. This move aims to attract more developers by reducing technical challenges and transaction fees.

Portfolio Pulse from Aniket Verma

June 13, 2024 | 9:02 am

This week in crypto saw significant events including 50 Cent's Bitcoin earnings, Cathie Wood's bold Bitcoin prediction, a surge in a cat-themed cryptocurrency due to Roaring Kitty's livestream, and a sell-off in major cryptocurrencies like Bitcoin, Ethereum, and Dogecoin. Additionally, Shiba Inu experienced a spike in its burn rate, leading to bullish sentiment.

Portfolio Pulse from Benzinga Neuro

June 09, 2024 | 12:00 pm

The cannabis sector experienced significant movements on June 3, 2024, with notable gainers and losers. Key gainers include Eastside Distilling (NASDAQ:EAST), Corbus Pharmaceuticals (NASDAQ:CRBP), and Cara Therapeutics (NASDAQ:CARA). Major losers include Scotts Miracle Gro (NYSE:SMG), Village Farms Intl (NASDAQ:VFF), and Canopy Growth (NASDAQ:CGC).

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 8:30 pm

Memecoins like Shiba Inu and dogwifhat posted double-digit gains despite dips in major cryptocurrencies like Bitcoin and Ethereum. Shiba Inu's rise is partly due to an upcoming airdrop in the Shibarium ecosystem.

Portfolio Pulse from Aniket Verma

May 29, 2024 | 2:52 am

Bernstein's research report forecasts a significant growth in the market for Bitcoin and Ethereum ETFs, potentially reaching $450 billion. Bitcoin is expected to peak at $150,000 by 2025, driven by institutional adoption and regulatory advancements. The SEC's approval of spot Ether ETFs and classification of Ether as a commodity are key developments.

Portfolio Pulse from Murtuza Merchant

May 28, 2024 | 3:48 pm

The cannabis sector experienced mixed movements on May 27, 2024, with notable gains and losses among various companies. Urban-gro (NASDAQ:UGRO), Corbus Pharmaceuticals (NASDAQ:CRBP), Aurora Cannabis (NASDAQ:ACB), and Village Farms Intl (NASDAQ:VFF) saw gains, while Emeren Group (NYSE:SOL), Psychemedics (NASDAQ:PMD), Cara Therapeutics (NASDAQ:CARA), and Genetic Technologies (NASDAQ:GENE) experienced declines.

Portfolio Pulse from Benzinga Insights

May 27, 2024 | 8:30 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.