ChainCatcher news, according to Bloomberg, the return on investment for CS2 skins has recently surpassed that of the S&P 500 index and major crypto assets (Bitcoin and Ethereum), becoming one of the best-performing asset classes.Data shows that the total value of in-game items in CS2 has exceeded $4.3 billion and is showing a continuous upward trend, while Bitcoin, Ethereum, and the S&P 500 index have all experienced declines during the same period.

ChainCatcher news, according to Jinshi reports, the three major U.S. stock index futures have expanded their gains, with the S&P 500 index futures rising by 1.5%, the Nasdaq index futures rising by 1.8%, and the Dow Jones index futures rising by 1.2%.

ChainCatcher news, Bloomberg's senior commodity strategist Mike McGlone posted on the X platform that after ETH broke below the $2000 support level, it may continue to decline, and the ETH S&P 500 index shows a tendency to drop.Previously, in the fourth quarter of 2024, the overall cryptocurrency market rose, but ETH did not perform well.

ChainCatcher message, Goldman Sachs has lowered its target price for the S&P 500 index at the end of 2025 from 6,500 points to 6,200 points, reflecting the institution's adjustment of its fair forward price-to-earnings (P/E) ratio estimate from 21.5 times to 20.6 times, a decrease of 4%.At the same time, it has lowered the expected earnings per share (EPS) for index constituents, with the 2024 EPS expectation reduced from $268 to $262, and the 2025 expectation lowered from $288 to $280.

ChainCatcher news, according to Jinshi reports, options traders expect the S&P 500 index to fluctuate by 1.3% this Friday, which will be the largest fluctuation on a non-farm payroll data release day since the regional bank crisis in March 2023. Citigroup data shows that the S&P 500 index is expected to have a two-way fluctuation of 1.4% on Wednesday, marking the highest implied volatility since the day after the U.S. presidential election on November 6, 2023.The increase in market volatility is mainly influenced by two factors: the uncertainty of the Trump administration's tariff policy and the upcoming non-farm payroll report. Trump recently warned of potential future economic fluctuations and defended his plan to significantly raise tariffs, but U.S. Secretary of Commerce Gina Raimondo indicated that Trump is considering some tariff relief measures, which has slightly eased market sentiment.The Chicago Board Options Exchange Volatility Index (VIX) is currently at its highest level since December of last year, breaking through the 20-point mark. Economists expect that U.S. employment will increase by 160,000 in February, the unemployment rate will remain at 4%, and average hourly earnings will rise by 4.1% year-on-year. UBS equity derivatives strategist Grinkov stated, "Macroeconomic factors are becoming more important; this is a higher volatility environment."

ChainCatcher news, according to Jinshi reports, the S&P 500 index has erased its gains since the election, evaporating $3.4 trillion in market value.

ChainCatcher news, IntoTheBlock reported that the correlation between Bitcoin and the S&P 500 index has dropped to zero, indicating that there is currently no connection between the two. The last time we saw such a low correlation was on November 5, 2024, just before Bitcoin soared to the $100,000 mark.

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, according to CoinDesk, investment bank KBW has released a research report, giving Strategy (formerly MicroStrategy) an outperform rating for the first time, with a target price of $560.KBW analysts stated that Strategy will adopt the latest FASB accounting standards in the first quarter of 2025, which may make it eligible for inclusion in the S&P 500 index, as one of the important inclusion criteria for the index is that the net profit for the most recent quarter and the cumulative net profit for the past four quarters must be positive.In addition, as a publicly traded company with the largest Bitcoin reserves, Strategy is expected to gain on-chain revenue through Bitcoin network applications in the future.

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.