Coinbase to Join S&P 500: A Major Milestone for Crypto

Coinbase is set to be included in the S&P 500 index, marking a significant milestone for the cryptocurrency industry. Analysts view this inclusion as a watershed moment that could enhance the legitimacy of digital assets in mainstream finance. Following the announcement, Coinbase’s stock experienced a notable jump, reflecting investor optimism about the company’s future and the broader crypto market. This development underscores growing institutional acceptance of cryptocurrencies. — new from Barron’s

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