Binance X BinanX

Start Your Crypto Journey Right!

Sign up on Binance and receive up to $1,000 in rewards after completing KYC.

Join Now
HomeWorld NewsCoinbase made the list ... now that
Binance X BinanX

Start Your Crypto Journey Right!

Sign up on Binance and receive up to $1,000 in rewards after completing KYC.

Join Now

Coinbase made the list … now that

In addition: the IPC cools, but the markets do not care

GM. We played the market and what came out? A little pulp, a little shine and enough drama. This is what is floating at the top.

šŸ“ˆ Coinbase is added to S&P 500.

šŸ‹ News Delipations: Why should you not trust the Curve Finance website and the ZKSync and Matter Labs + More accounts

Divider

šŸ Market taste today

Consumer price index (CPI) data were reduced today and Inflation came a bit faster than expected for April.

The CPI, which tracks the cost of everyday things such as food, gas and rent, increased 0.2% last month. Which puts the annual inflation rate by 2.3%, the lower than since February 2021.

The monthly number coincided with expectations, but the The annual figure came just below the 2.4% forecast.

What means: The Fed could finally exhale a bit. The annual rate that arrives under the forecast gives them space to maybe Think of the target cuts: if this trend continues.

Marge please meme

That type of news is usually optimistic for cryptography … but Bitcoin And Alts barely reacted.

Because? Because everyone is still waiting to see what Fed really does.

Although April inflation numbers were cold, There is still Trump’s tariff bunny. Depending on how commercial conversations work before this summer, inflation could recover again.

As for rates cuts, I could get more clues on Thursday when Jerome Powell speaks. But expectations are low, at least according to CME FedwatchThat says that most merchants are betting fees will remain at the FOMC meeting of June 18.

I guess we will see šŸ‘€

Divider

šŸ„ Memecoin harvest

These chips could have omitted leg day, but surely they did not skip the bomb day šŸ’Ŗ

Data at 08:30 am est.

Check out these memecoras and much more here.

Divider

If you have been investing for a while, think about when it started. One of the first things you discovered Right after “What is an action?” – It was the S&P 500. Basically it is the starting package for anyone entering the stock market.

The S&P 500 is a stock market index that tracks the yield of 500 of the largest public companies in the United States (So, as, Apple, Microsoft, Nvidia, basically, the largest Dawgs).

He will listen to him mentioned in almost all investment guides for beginners. Warren Buffett loves (and has done well for himself).

Why that?

  1. Because it is stupidly simple. Instead of trying to guess which company will fly next, you can buy a S&P 500 index fund and have a part of hundreds of more successful companies in the United States. If one falls, the rest can help compensate for it;

  2. It also has a Great record – For decades, it is returned between 7% and 10% per year on average. Nothing striking, but it works. You simply put your money, let it cool and check again from time to time;

  3. Oh, and it is cheap. The rates are small compared to the funds trying to overcome the market (I often fail).

That is why it is also the option for beginners and many experienced investors.

Now, the exciting part: As of May 19, Coinbase joins S&P 500. Therefore, anyone who invests in the background will automatically obtain a piece of currency.

Ohhh Yeeeeaaah, baby šŸ˜Ž

Right after this it was announced, The currency jumped almost 11% in trade off hours.

Being added to S&P 500 means that a company is now officially one of the 500 largest public companies in the United States.

The index is weighted by market capitalization, so the greater the company, the more influence it has on it. Coinbase will probably be somewhere in the lowest 400, where companies generally compensate 0.01% to 0.2% of the total index.

But that is still Huuuge.

This means that all funds and ETFs track the index now have Buy Coinbase Shares = A lot of institutional money.

It is not just money, although Being in the S&P 500 is a Greater approval seal. Think about it: one of the most respected actions of the world now includes a cryptographic company. For anyone who still thought that Crypto was just a buzzing hustle, this could change some things.

And the more coinbase it is striking, the more the world is maturing cryptography.

CFO Coinbase, Alesia Haas, Put it like this:

“This is an important milestone, not only for Coinbase, but also for the entire cryptographic industry. Uniting this prestigious index reflects how far coinbase and the industry have come and it is a sign of where the world is directed.”

Damn straight.

Divider

šŸ‹

🚨 Curve Finance told everyone to stay away from the Curve (.) Fi: he was pirate and send people to a false site that can steal his cryptography. They have moved everything to curve (.) Finance, and they could actually continue with that domain name forever.

šŸ‘Ž The governor of Arizona, Katie Hobbs, vetoed two bills that would have given the State a more important role in cryptography. But she signed a new law that causes Bitcoin ATMs to follow stricter rules.

āš ļø The X explains Zksync and Matter Labs was pirate. The attackers used them to publish false news and phishing links to deceived people.

The president of the SEC, Paul Atkins, says that Blockchain could change the way in which the financial markets operate in a way that the laws of the old school never saw coming. He also said that the SEC will focus on making clear rules instead of the entire environment of “Sue first, explaining later” that we had before. Somewhere, Gary Gensler is hurrying the wall …

😩 Tired of cryptographic telegram groups that feel spam traps? Here is a list of those who do not stink.

Divider

šŸŒ Juicious memes

RELATED ARTICLES
Binance X BinanX

Start Your Crypto Journey Right!

Sign up on Binance and receive up to $1,000 in rewards after completing KYC.

Join Now

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment - Image Description

Most Popular