ChainCatcher news, VanEck's Head of Digital Asset Research Matthew Sigel pointed out that the fintech company Block is expected to become the first publicly traded company in the S&P 500 index to hold Bitcoin.After achieving profitability in the first quarter of 2024, the company has met all the inclusion criteria for the S&P 500, including a market capitalization of over $18 billion, a public float of over 10%, and profitability for five consecutive quarters. According to historical data, eligible companies are typically included within 3 to 21 months (except for LULU, which took 65 months).Sigel noted that the current financial sector's share in the S&P 500 is 13.9%, lower than the overall market level of 14.6%, which is favorable for Block's inclusion as a financial stock in the 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, The ETF Store President Nate Geraci made his prediction on the X platform, stating that we will see an application in the next two months for a "BTC-denominated inverse market cap weighted S&P 500 ETF."

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, QCP Capital's latest analysis points out that BTC spot has shown a significant gap due to thin liquidity, with recent rebounds limited by persistent selling pressure.Since December 19, net outflows from spot ETFs have reached $1.8 billion, and MicroStrategy's BTC purchases have noticeably slowed down, reflecting the weak trend in the crypto market consistent with overall market sentiment, as the S&P 500 and Nasdaq have fallen more than 1% for the third time in eight trading days. Despite a lackluster year-end performance, BTC has risen 120% by year-end, surpassing global stocks and gold.Looking ahead to 2025, despite an optimistic outlook on crypto-friendly policies after the Trump administration, adjustments in institutional asset allocation may become a key catalyst. The widespread adoption of BTC among various institutions is expected to strengthen its dominance, stabilize spot volatility, and drive an increase in demand for hedging and selling call options.

ChainCatcher news, the US stock market opens, the Dow Jones falls 0.65%, the S&P 500 index falls 0.63%, the Nasdaq falls 0.62%, Coinbase falls 1.22%, MicroStrategy falls 0.69%.

ChainCatcher news, according to Barrons, MicroStrategy Chairman Michael Saylor did not explicitly state whether the company might be included in the S&P 500 during a recent interview, but he mentioned that, given the optimistic outlook on Bitcoin, MicroStrategy could report billions of dollars in quarterly net income next year due to the increase in the value of its Bitcoin holdings. The accounting rule changes set to take effect in 2025 may allow MicroStrategy to meet the profitability requirements for joining the S&P 500.It is reported that MicroStrategy's traditional software business (its main business before it began acquiring Bitcoin in large quantities in 2020) is relatively small, with a valuation of only about $1 billion. Additionally, this business is currently operating at a loss according to GAAP (Generally Accepted Accounting Principles), making it difficult to meet the inclusion requirements for the S&P 500 index based solely on this. The upcoming accounting rules will adjust the company's Bitcoin holdings from their current undervalued state to fair market value, potentially leading to significant net income growth when Bitcoin prices rise. However, the S&P Global Index Committee decides on S&P 500 index members by invitation, reviewing profitability, market capitalization, and other factors.

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, according to The Block, MicroStrategy (MSTR) will officially join the Nasdaq 100 Index on December 23, 2024, becoming the first Bitcoin-focused company to be included in the index.The index includes the 100 largest non-financial companies listed on the Nasdaq stock market. Being part of this index means that ETFs tracking the index can purchase a significant amount of shares. Analysts expect this will bring about $2.1 billion in passive ETF buying. Although the company has not yet met the earnings criteria for the S&P 500, MicroStrategy is expected to be included in the S&P 500 quarterly adjustment in June 2025 after the new accounting standards take effect in January 2025.

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, Cointelegraph posted on X platform that Bitcoin outperformed the S&P 500 index, Nasdaq index, and Dow Jones index this week.

ChainCatcher News, American star fund manager and founder of Ark Investment Management, Cathie Wood pointed out that there is a correlation between the performance of the S&P 500 index and Trump's poll data, highlighting several key economic policies that could impact the market.She specifically focused on Trump's positions on taxes, tariffs, and monetary policy. Wood explained, "The market likes tax cuts and has been concerned that the tax cuts in the original tax law passed during Trump's term will expire at the end of 2025." She added that Trump has indicated support for extending these tax cuts and introducing additional personal and corporate tax cuts.

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.

According to ChainCatcher's message and Matrixport's latest weekly report, global central banks are striving to reduce their dependence on the US dollar, and the rapid rise in sovereign debt is driving the continued growth of Bitcoin and gold.In 2024, gold rose by 31%, while Bitcoin surged by 59%, outperforming traditional assets such as bond ETFs and the S&P 500 index, which saw a 22% increase. With the approval of Bitcoin spot ETFs and large-scale investments from companies like MicroStrategy, the importance of Bitcoin in the financial ecosystem is becoming increasingly prominent.Moreover, global economic instability, high government debt, and rising inflation risks are also increasing the demand for these two assets. In the future, the growth of tokenized assets linked to gold prices will provide investors with new investment options.

ChainCatcher news, U.S. stock market opens, Dow Jones down 0.21%, S&P 500 down 0.33%, Nasdaq down 0.38%, Coinbase down 2.19%, MicroStrategy down 2.26%.

ChainCatcher news, according to market information, U.S. stocks opened lower, with the Dow Jones down 0.13%, the S&P 500 down 0.46%, the Nasdaq down 0.48%, Coinbase down 2.55%, and MicroStrategy down 0.98%.

ChainCatcher news, according to 4E monitoring, on Tuesday, the three major U.S. stock indices rose collectively, with the Dow Jones up 0.3%, the Nasdaq up 1.45%, and the S&P 500 index up 0.97%. Large tech stocks generally rose, with Nvidia increasing by over 4%. Chinese concept stocks experienced a significant pullback, with the Nasdaq Golden Dragon China Index closing down 6.85%. The cryptocurrency market remained relatively stable, with Bitcoin down 0.45% at $62,345 before the press time.In the foreign exchange bulk market, the U.S. dollar index slightly fell by 0.06%, still hovering near an eight-week high, with non-U.S. currencies showing mixed results; the pound and euro strengthened, while the yen slightly declined. The market is concerned about oil demand prospects and the possibility of a ceasefire in the Middle East, leading to oil prices ending a five-day rise, with U.S. oil down over 4.6%. Following the significant drop in expectations for a large interest rate cut by the Federal Reserve, gold prices have been under pressure for five consecutive days, with spot gold falling over 1%, marking the largest single-day drop in a month, while silver briefly dropped nearly 5%.Affected by the overnight sharp decline in surrounding Chinese assets and the recent significant market gains, profit-taking began to cash out at high levels, with over a hundred listed companies announcing share reduction plans. After setting a record for the largest single-day gain in history yesterday, A-shares have shown a clear trend of pulling back after reaching new highs. At the market open today, A-shares experienced a significant adjustment, with the three major indices opening sharply lower, and over 5,000 stocks in the two markets declining. As of the midday close, the Shanghai Composite Index reported 3304 points, down 5.53%, the Shenzhen Component Index fell 6.19%, and the ChiNext Index dropped 7.29%.This week, the market is focusing on the U.S. September CPI data to be released on Thursday, which will provide important economic clues. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, bulk gold, and foreign exchange, recently launching a USDT stablecoin wealth management product with an annualized yield of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets reasonably.

ChainCatcher news, U.S. stock market opens, Dow Jones up 120 points, S&P 500 up 0.46%, Nasdaq up 0.53%. "The first stock of the metaverse" Roblox (RBLX.N) down 9%, the company is shorted by the short-selling firm Hindenburg. (Jin Shi)

ChainCatcher news, U.S. stock market opens, the three major indexes are mixed, the Dow opens up 0.1%, the S&P 500 index rises 0.01%, the Nasdaq falls 0.12%, Coinbase down 0.52%, MicroStrategy down 0.67%. (Jin Shi)