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Why Bitcoin Is Crossing $60K Again

Bitcoin (CRYPTO: BTC) has crossed the $60,000 mark again, as experts point to a supply shortage.

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Tesla Motors (TSLA) - Why Dogecoin Is Up 20%

Meme cryptocurrency Dogecoin (CRYPTO: DOGE) is seeing major upwards movement in line with a rise in Bitcoin and as Tesla Inc ...

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Apple (AAPL), Astrazeneca Plc (AZN), Credit Suisse Group (CS), Chevron Corp. (CVX), General Electric Company (GE), General Motors Company (GM), Johnson & Johnson (JNJ), J P Morgan Chase & Co (JPM), U.S. Bancorp (USB) - Benzinga's Bulls And Bears Of The Week: Apple, Chevron, GM, GE, Peloton And More

The past week's bullish calls included the iPhone maker, Google's parent and an automotive leader.
Financial and energy giants and COVID-19 vaccine makers were among the bearish calls seen during the week.
The markets kept hitting new all-time highs in the first full week of the second quarter, and the big three U.S. indexes ended the week higher, led by the Nasdaq's gain of about 3%.
March jobs data and vaccination progress helped boost the market, the reopening trades and even the beleaguered FAANG stocks. As people argued over the meaning of "infrastructure," the 10-year Treasury remained steady. JPMorgan CEO Jamie Dimon had some upbeat comments on economic recovery, but the Federal Reserve offered nothing new. While trading volume was muted, the sentiment seemed to be cautiously bullish ahead of next week's kickoff of the new earnings reporting season.

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Why XRP Is Surging 39% | Benzinga

The price of major crypto asset
XRP (CRYPTO: XRP) has seen a spike of about 39% after a ruling in a United States court.
What Happened: Ripple saw another major win by its legal team as a federal judge exempted Ripple's executives from having to provide their personal financial records to the Securities and Exchange Commission (SEC).
Ripple Labs Inc is the developer of XRP.
The ruling was made by United States District Court Judge Sarah Netburn, of the Southern District of New York.
In the ruling on Friday, Netburn wrote that the SEC’s requests for the records were not "relevant or proportional to the needs of the case."

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Decentralized Exchange Pangolin's Trade Volume Crosses $1B Two Months After Launch

Pangolin (PNG), a community-driven decentralized exchange (DEX) that runs on the Avalanche blockchain, has surpassed $1 billion in total trade volume only two months since its launch.
What Happened: The DEXs rapid growth comes on the back of record-high gas fees on the Ethereum blockchain leading to an exodus of users from popular Ethereum-based DEXs like Uniswap.
For scale, the average price of a token swap on Pangolin costs around $1.19, whereas the same transaction would cost between $55 to $72 on Uniswap.
Why It Matters: Pangolin claims that in light of DeFi users being priced out of applications that are vital to secure participation in the ecosystem, over $120 million in assets have been migrated to Avalanche over the Avalanche-Ethereum Bridge.

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Comcast (CMCSA), World Wrestling Entertainment (WWE) - WWE Launches Undertaker NFTs With Extra Perks: What Investors And Wrestling Fans Should Know

Ahead of WrestleMania 37,
World Wrestling Entertainment Inc (NYSE:WWE) has announced the launch of its first NFTs. The NFTs center around one of their most iconic wrestlers and come with some exclusive perks.
What Happened: World Wrestling Entertainment will launch four non-fungible tokens in tiers beginning Saturday at 10:30 a.m. ET. All four of the NFTs will feature the iconic wrestler The Undertaker.
Why It’s Important: World Wrestling Entertainment owns its content and could quickly become an NFT play if this first launch is successful.
The NBA partnered with Dapper Labs to create NBA Top Shot, which features NFTs sold in packs that can be bought and sold on a marketplace. WWE could launch a similar platform or choose to do drops around their events to drive traffic and interest.

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Dusk Network announces $5,000,000 Grants

Dusk Network is making significant funds available to attract the brightest minds in the industry to help build the future of finance.
AMSTERDAM, APRIL 9, 2021 – At the first annual DuskCon, Dusk Network revealed their multi-million dollar Grants Program. The Grant Program is worth $5,000,000 and propels the blockchain ecosystem forwards by attracting more of the industries’ brightest minds.
Dusk Network is a leader in privacy technology. Key building blocks in the privacy space include what's commonly known as 'zero-knowledge cryptography,' a field they lead. With the Grants program, Dusk intends to attract additional talent to further strengthen their position in the sector. Issuing grants for research and development isn’t a first in the industry: a famous success story in the blockchain space is a company called Metamask. Their internet tool started from a $30k grant and now leads their sector with millions of yearly revenue in only a few years' time. Dusk Network is the first blockchain company in The Netherlands issuing a grants program this size.

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Kinder Morgan (KMI), Altria Group (MO), AT&T Inc. (T), Williams Companies (WMB), Exxon Mobil Corp. (XOM) - 5 Dividend Stocks To Watch Ahead Of Earnings Season

The S&P 500 is heading into first-quarter earnings season at record highs. The only other time the S&P’s Shiller PE ratio has been as high as its current level of 36.8 was during the dot com bubble of the late 1990s.
For now, the battle rages on between growth investors who see a significant rebound runway ahead for stock prices and value investors who believe inflation and rising interest rates could be a rude awakening for the stock market.
Whether the market is up, down or sideways, a dividend payment from a solid company is always reliable. The average dividend yield for S&P 500 companies is at 1.43%, but there are plenty of companies that pay much higher yields than that. With Treasury yields near all-time lows and a growing number of corporate bond yields dropping below 0% around the world, investors can find reliable income in dividends instead.

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CME Ethereum Futures Hit Record $240M Trading Volume This Week Signalling Rising Demand

Volumes and open interest for CME Ethereum Futures reached a record high this week, according to data from crypto analytics platform Skew.
What Happened: Daily volume neared $240 million in a single day, and total open interest crossed $180 million. These were the highest observed levels since CME launched its Ethereum futures on Feb 8.
CME Ether futures had a record volume day this week pic.twitter.com/zchWxeA4O5
An associate from crypto asset fund Decentral Park Capital, Lewis Harland, highlighted that the all-time high in open interest on CME ETH futures was a sign that institutional demand for the cryptocurrency is growing.

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KushCo Q2 Revenue Increases 23% QoQ Ahead Of Merger With Greenlane

KushCo Holdings, Inc. (OTCQX:KSHB) generated $32.9 million in revenue in the second quarter, representing a 23% sequential increase, and 9% year-over-year growth.
Gross profit (on a GAAP basis) came in at 20%, versus 30% in the prior year. On a non-GAAP basis, gross profit was roughly 23%.
Selling, general, and administrative expenses were around $10.9 million versus $27.2 million in the last year's corresponding quarter. On a non-GAAP basis, cash selling, general, and administrative expenses amounted to $8.4 million, down by approximately 38% year-over-year.
Net loss was roughly $5 million on a GAAP basis and $3.1 million on a non-GAAP basis, compared to $44.4 million and $17.5 million, respectively, in the same period last year.

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