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Bitcoin Price Aims Higher, Decoding Key Hurdles To Fresh Increase
Newsbtc-btc·2024/02/08 03:24
Monero rebounds with 23% gain, marking recovery from news of Binance delisting
Monero recovers in a bullish response to news of Binance's delisting decision.
Crypto Slate·2024/02/08 01:25

Bitcoin surpasses $44.2k, a level last seen days after Bitcoin ETF approvals
BTC was last priced at $44,200 almost one month ago on Jan. 12.
Crypto Slate·2024/02/08 01:25
SEC Delays Decision on Invesco-Galaxy Spot Ethereum ETF Proposal
May 23 continues to be a significant date for the approval of spot Ethereum ETFs, representing VanEck’s final deadline for approval.
Cryptopotato·2024/02/07 23:43

Shiba Inu Price: Will 500% Surge in Whale Activity Lead to an Imminent SHIB Rally?
Coinedition·2024/02/07 23:13
Ethereum’s Dencun is now live on the Holesky testnet
Dencun upgrade will introduce “proto-danksharding” on Ethereum
Blockworks·2024/02/07 22:52

Solana price is getting better at shaking off major outages
Solana went down — again — but its native cryptocurrency SOL barely budged
Blockworks·2024/02/07 22:52
Ethereum Name Service open to building own layer 2: ENS director
Cointelegraph·2024/02/07 22:51
Bitcoin ETFs are not crypto’s finish line
Don’t get me wrong, bitcoin ETFs are good thing for the industry — but we can’t forget about bitcoin’s original ethos among all the price talk
Blockworks·2024/02/07 22:42
Prometheum claims Ether is a ‘digital asset security’ with launch of custody services
Cointelegraph·2024/02/07 21:56
Flash
16:01
Trump Threatens New Strike on Iran Today, US Stocks Extend Losses, Gold Plunges 3.54% intradayBlockBeats News, June 10th, according to Bitget market data, after Trump threatened to take action against Iran again today, the US stock market saw a further decline. The Nasdaq fell by nearly 1.5%, the Dow Jones fell by 1.2%, and the SP 500 Index dropped by 0.94%.
Spot gold continued its decline, falling by over $20 in the short term, a daily decline of 3.54%. WTI and Brent crude oil both saw a short-term increase of over $1, with an intraday increase of 2%, now trading at $90.78 per barrel and $92.77 per barrel, respectively.
15:39
trade.xyz has launched perpetual contracts for Western Data (WDC), with up to 10x leverage.BlockBeats News, June 10th, according to official sources, trade.xyz has launched perpetual contracts for the U.S. stock storage sector stock Western Digital (WDC), with up to 10x leverage.
14:48
Sickle Slashes at Index Fund Investors: S&P Dow Jones Indicates SpaceX Eligible for Fast Inclusion in Some IndexesBlockBeats News, June 10th. Just as the scythe was swung towards index fund investors and American retirement savings accounts, S&P Dow Jones Indices has just announced that SpaceX is eligible for rapid inclusion in certain indexes.
However, compared to other index providers, S&P has already shown some convergence. In addition to S&P Dow Jones Indices, other independent index providers have also adjusted their rules for mega IPOs like SpaceX to be quickly included in their indexes. FTSE Russell recently implemented a new rapid entry mechanism, allowing eligible mega-cap companies (such as SpaceX) to be included in the Russell 1000/2000/3000 and FTSE Global Equity Index Series just 5 trading days after listing, mainly based on market capitalization thresholds. Furthermore, Nasdaq (especially Nasdaq 100) has also introduced new "rapid entry" rules, allowing mega IPOs like SpaceX to be included approximately 15 trading days after listing, forcing ETFs and funds tracking the Nasdaq 100 to buy a large number of shares in the short term.
Recently, S&P Dow Jones Indices made minor rule adjustments to some of its broad market indexes, mainly relaxing the requirements for public float. These indexes include the S&P Total Market Index and Dow Jones U.S. Total Stock Market Index. After the adjustment, newly listed companies with low public float but large market capitalization, like SpaceX, can be included shortly after listing without the need to meet the strict 12-month listing and profitability thresholds of the S&P 500.
Fortunately, S&P will maintain its existing eligibility requirements for major benchmark indexes like the S&P 500, rejecting the proposal to accelerate the rapid inclusion of mega-cap companies like SpaceX in the benchmark index after listing. There will be no shortening of the current 12-month "seasoning period" for new listings, nor exemptions based on company size from the existing profitability and public float requirements. This means that SpaceX will have to wait at least one year after listing to be included in the S&P 500.
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