ChainCatcher news, according to CoinDesk, Strategy (MSTR) is expected to be included in the S&P 500 index by June 20.Currently, the company meets all eligibility requirements, but there is one exception: achieving positive GAAP net income over the past 12 months (the most recent four quarters combined). To qualify, the company's earnings for the first quarter of 2025 must be high enough to offset the losses from the previous three quarters. This goal can be achieved by adopting the now-mandatory Financial Accounting Standards Board (FASB) digital asset accounting rules.To this end, Bitcoin needs to have a closing price in the first quarter that is higher than the company's average purchase price of $96,337 during those three months. A closing price below this level would force Strategy to record a loss, which could hinder its inclusion in the S&P 500 index.

ChainCatcher news indicates that the correlation between Bitcoin and the S&P 500 index has risen to 0.88, suggesting a renewed synchronization between the two markets. This marks a shift from the previous divergence trend (since Trump's election, Bitcoin has risen by 47%, while the S&P 500 index has only increased by 4%).Bitwise's Head of Research for Europe, Andre Dragosch, attributes the re-emerging correlation to macroeconomic factors, including the Federal Reserve's revised interest rate cut forecasts and the strengthening dollar, which continue to exert pressure on both cryptocurrency and traditional markets. Despite Bitcoin having strong on-chain support, its movements are increasingly influenced by broader market trends, indicating potential short-term risks ahead.

ChainCatcher news, Memecoin top KOL Murad retweeted about Memecoin $SPX becoming the token with the highest increase in the top 100 by market cap within 24 hours. It is reported that SPX6900 (SPX) is a Memecoin designed to replace the S&P 500 index, currently ranking in the top three on Coingecko.

ChainCatcher news, according to the Securities Times report, as of the close on January 2, the Dow fell 0.36%, the Nasdaq fell 0.16%, and the S&P 500 index fell 0.22%. The S&P 500 index and the Nasdaq have both declined for five consecutive days.Tesla fell more than 6%, with a market value evaporating by $78.8 billion (approximately 57.52 billion yuan), marking five consecutive daily declines and reaching a new closing low since December 6 of last year. Tesla's total sales for 2024 are projected to be 1.79 million vehicles, a decrease of 1.1% from 1.81 million vehicles in 2023, marking the first annual sales decline for Tesla since 2015. This also falls short of analysts' general expectations of 1.8 million vehicles.Faraday Future surged 51.85%. On December 23, 2024, Faraday Future announced that following the completion of a $30 million financing in September, it has completed another cash financing of approximately $30 million. This funding will be used to promote the development of the company and its FX strategy. The FX strategy aims to launch a mass-market model in the U.S. market with "twice the performance at half the price" to fill the structural gap in the U.S. AIEV market and drive the overall development strategy of the company.

ChainCatcher news, according to The Block, MicroStrategy will officially join the Nasdaq 100 Index on December 23, 2024, becoming the first Bitcoin concept stock to be included in this index. According to Bloomberg analysts, the company will have a weight of 0.47%, ranking 48th, and is expected to attract about $2.1 billion in passive fund inflows. The company currently holds 439,000 Bitcoins, with a total value exceeding $45 billion, accounting for approximately 2% of the total Bitcoin supply.MicroStrategy plans to adopt the new accounting standards from the Financial Accounting Standards Board (FASB) in the first quarter of 2025, which allow companies to measure digital assets at fair value and recognize fair value changes in net income for each reporting period. Benchmark analyst Mark Palmer believes that this change could help the company meet the earnings requirements for the S&P 500 Index by June 2025, paving the way for its further push into the S&P 500 Index.

ChainCatcher news, Citigroup analysts released a report stating that the tariffs proposed by Trump could reduce the earnings of the S&P 500 index by several percentage points.They emphasized that the market has not fully absorbed this risk, especially regarding the new tariffs on China, Canada, and Mexico. Industries with higher trade risks, including Canada's energy exports, are expected to be affected.Tariffs could lower the earnings of the S&P 500 index by 2025 and significantly impact gross margins. However, past tariff reductions suggest that there may be leniency, and the market is now shifting its focus from the elections to policy uncertainty.

ChainCatcher news, U.S. stock market opens, Dow Jones rises 0.24%, S&P 500 index rises 0.42%, Nasdaq rises 0.53%. Western Digital (WDC.O) rises 9.8%, turning a profit in its first fiscal quarter. Tesla (TSLA.O) falls 1.69%, after a nearly 22% increase yesterday.

ChainCatcher message, U.S. stock market opens, Dow Jones rises by 0.16%, S&P 500 index rises by 0.43%, Nasdaq rises by 0.79%. Intel (INTC.O) rises by 6.2%, as it may spin off its foundry business. Dell (DELL.N) rises by 3.89%. (Jin Shi)

ChainCatcher news, according to Cointelegraph, Buffett's Berkshire Hathaway rose 0.75% on August 28, surpassing a market capitalization of $1 trillion, comparable to the total market capitalization of Bitcoin. So far in 2024, the stock has risen over 29%, exceeding the S&P 500 index's increase of 17%, and is comparable to Bitcoin's increase of 31% during the same period.It is reported that Berkshire achieved impressive profits in 2024 through a diversified business portfolio in insurance, energy, manufacturing, retail, and services. In the first half of this year, these business segments generated profits of $22.8 billion, a 26% increase compared to last year.

ChainCatcher news, according to Jinshi reports, U.S. stock index futures are basically flat, continuing the strong trend from the previous day, as the market bets that the Federal Reserve will soon signal readiness to start cutting interest rates. After the S&P 500 index strengthened for the eighth consecutive day on Monday, traders took a brief pause. Stock trading volume has decreased, as investors are reluctant to make large bets ahead of this week's Jackson Hole Economic Symposium.Kyle Rodda, senior market analyst at Capital.Com Inc., stated, "What we are seeing is that a recent series of data has alleviated concerns about a slowdown in U.S. economic growth, while also not triggering worries about a renewed acceleration of inflation."

ChainCatcher news, after the release of CPI data, U.S. S&P 500 index and Nasdaq 100 index futures rose to pre-market highs. (Jin Ten)

ChainCatcher news, according to CoinDesk, investment bank Benchmark stated that if MicroStrategy (MSTR) chooses to adopt the new accounting standards, the software company may surprise Wall Street analysts by reporting better-than-expected earnings and become eligible for inclusion in the most important U.S. stock index: the S&P 500.As of March 19, MicroStrategy holds 214,246 bitcoins, valued at $13.9 billion at current prices.

ChainCatcher news, according to CoinDesk, crypto-friendly bank Xapo has obtained a European securities brokerage license, allowing it to offer S&P 500 index trading services and sell the company's cryptocurrency wealth management products. In addition, Xapo will also allow customers to trade Ethereum.

ChainCatcher news, according to The Block, the S&P 500 index will remove Twitter stock on November 1, replacing it with the insurance company Arch Capital Group. Musk's acquisition of Twitter will be completed this Friday. A representative from the S&P 500 index stated that changes to the index composition are made when necessary. It is reported that if a company is involved in a merger, acquisition, or significant restructuring, its stock may be removed from the S&P 500 index.According to previous reports, based on information from the NYSE website, Twitter stock will also be temporarily suspended from trading on the NYSE on October 28. (source link)