Coinbase Global, the largest cryptocurrency exchange in the United States, will be included in the S&P 500 index

In the crypto market recently, good news has come one after another.

Recently in the crypto market, good news has come one after another.

On the macro level, the China-US joint statement marked the end of the tariff war, and the global financial market ushered in a surge. Although Bitcoin fell back as expected, the altcoin market showed a thriving trend. Ethereum continued to lead the rise, reaching $2,700. The Defi sector rose across the board, triggering a wave of slogans for the return of the altcoin season.

On the macro level, the China-US joint statement marked the end of the tariff war, and the global financial market ushered in a surge. Although Bitcoin fell back as expected, the altcoin market showed a thriving trend. Ethereum continued to lead the rise, reaching $2,700. The Defi sector rose across the board, triggering a wave of slogans for the return of the altcoin season.

In addition to the improvement of the macro environment, in addition to favorable regulations, the industry has also ushered in new trends. On May 13, according to a press release from S&P Dow Jones Indices, Coinbase Global (NASDAQ:COIN) will be included in the S&P 500 index. This move replaces the Capital One Financial (NYSE:COF) acquisition of Discover Financial Services (NYSE:DFS), and the change will take effect before the start of trading on May 19.

In addition to the improvement of the macro environment, in addition to favorable regulations, the industry has also ushered in new trends. On May 13, according to a press release from S&P Dow Jones Indices, Coinbase Global (NASDAQ:COIN) will be included in the S&P 500 index. This move replaces the Capital One Financial (NYSE:COF) acquisition of Discover Financial Services (NYSE:DFS), and the change will take effect before the start of trading on May 19.

In the mainstream market, the crypto industry has once again achieved a milestone, marking the start of a new era for the industry. At the same time, companies and institutions from all over the world are also eager to try.

In the mainstream market, the crypto industry has once again achieved a milestone, marking the start of a new era for the industry. At the same time, companies and institutions from all over the world are also eager to try.

On May 12, China and the United States reached a tariff truce in Geneva, which finally put a temporary pause on the protracted trade conflict. The agreement includes suspending the 24% mutual tariff for 90 days, retaining the 10% basic tariff rate, and establishing a third-country consultation mechanism. Influenced by this news, US stock indexes rose significantly, with S&P 500 futures rising more than 3% and Nasdaq closing up 4.35%.

On May 12, China and the United States reached a tariff truce in Geneva, which finally put a temporary pause on the protracted trade conflict. The agreement includes suspending the 24% mutual tariff for 90 days, retaining the 10% basic tariff rate, and establishing a third-country consultation mechanism. Influenced by this news, US stock indexes rose significantly, with S&P 500 futures rising more than 3% and Nasdaq closing up 4.35%.

Although Bitcoin fell from $106,000 to a low of $100,700, the overall crypto market quickly rebounded, with altcoins such as ETH, SOL, and BNB all seeing good gains. With the end of the tariffs, the impact of this news on the market will gradually slow down, the market will begin to return to normal, and the bottom prices of the currencies all show an upward trend.

Although Bitcoin fell from $106,000 to a low of $100,700, the overall crypto market quickly rebounded, with altcoins such as ETH, SOL, and BNB all seeing good gains. With the end of the tariffs, the impact of this news on the market will gradually slow down, the market will begin to return to normal, and the bottom prices of the currencies all show an upward trend.

The macroeconomic situation has improved, and the industry is not to be outdone. In recent days, there have been frequent reports of good news about the industry. First, the US state government's strategic reserves have won their first victory. New Hampshire passed the Strategic Bitcoin Reserve Act, which authorizes the state treasurer to purchase Bitcoin or digital assets with a market value of more than US$500 billion and sets the upper limit of holdings at 5% of the total reserve funds. Bitcoin is expected to usher in new growth; second, the new SEC chairman took office and made it clear that the core priority during his term is to establish a reasonable regulatory framework for the crypto asset market, which continues to release positive signals. BlackRock is also rumored to be discussing ETH pledge proposals with the SEC, and market confidence has rebounded.

The macroeconomic situation has improved, and the industry is not to be outdone. In recent days, there have been frequent reports of good news about the industry. First, the US state government's strategic reserves have won their first victory. New Hampshire passed the Strategic Bitcoin Reserve Act, which authorizes the state treasurer to purchase Bitcoin or digital assets with a market value of more than US$500 billion and sets the upper limit of holdings at 5% of the total reserve funds. Bitcoin is expected to usher in new growth; second, the new SEC chairman took office and made it clear that the core priority during his term is to establish a reasonable regulatory framework for the crypto asset market, which continues to release positive signals. BlackRock is also rumored to be discussing ETH pledge proposals with the SEC, and market confidence has rebounded.

With the macro environment improving and regulation improving simultaneously, crypto companies are undoubtedly entering the best era.

With the macro environment improving and regulation improving simultaneously, crypto companies are undoubtedly entering the best era.

Just on May 13, according to official news, Coinbase Global (NASDAQ:COIN), the largest cryptocurrency exchange in the United States, will be included in the S&P 500 index. This is the first time that a crypto company has been included in the S&P, creating another success in the mainstreaming process of the crypto industry.

Just on May 13, according to official news, Coinbase Global (NASDAQ:COIN), the largest cryptocurrency exchange in the United States, will be included in the S&P 500 index. This is the first time that a crypto company has been included in the S&P, creating another success in the mainstreaming process of the crypto industry.

For the crypto market, Coinbase is not a household name, but it is well-known. As the largest crypto exchange in the United States and one known for its compliance, Coinbase is also unique in the global crypto exchange field. Coinbase was founded in 2012, and it has a history of 13 years. In the past 13 years, it has experienced ups and downs in bull and bear markets, becoming the best window for traditional finance to observe the crypto industry.

For the crypto market, Coinbase is not a household name, but it is well-known. As the largest crypto exchange in the United States and one known for its compliance, Coinbase is also unique in the global crypto exchange field. Coinbase was founded in 2012, and it has a history of 13 years. In the past 13 years, it has experienced ups and downs in bull and bear markets, becoming the best window for traditional finance to observe the crypto industry.

In 2021, Coinbase landed on the Nasdaq with the stock code COIN. On the day of listing, not only did it not break the issue price like the previous crypto concept stock Canaan, but its stock price also soared all the way, reaching a high of $429.54, causing a sensation in the market. After that, Coinbase followed the industry cycle fluctuations, and its stock price was closely related to the trend of the crypto market. It fell to a low of $33.26 in the trough period of 2023, and then regained its growth. This year, Coinbase made history again, replacing the Capital One Financial (NYSE:COF) acquisition of Discover Financial Services (NYSE:DFS) and becoming the first crypto company to be included in the S&P 500. As a result, Coinbase rose 24% on the first day and is now trading at $256.90.

In 2021, Coinbase landed on the Nasdaq with the stock code COIN. On the day of listing, not only did it not break the issue price like the previous crypto concept stock Canaan, but its stock price also soared all the way, reaching a high of $429.54, causing a sensation in the market. After that, Coinbase followed the industry cycle fluctuations, and its stock price was closely related to the trend of the crypto market. It fell to a low of $33.26 in the trough period of 2023, and then regained its growth. This year, Coinbase made history again, replacing the Capital One Financial (NYSE:COF) acquisition of Discover Financial Services (NYSE:DFS) and becoming the first crypto company to be included in the S&P 500. As a result, Coinbase rose 24% on the first day and is now trading at $256.90.

Interestingly, when Strategy (NYSE:STLY)

Interestingly, when Strategy (NYSE:STLY)