Coinbase made the list… now what

Plus: CPI cools but markets don’t care

GM. We salt the market and what came out? Little pulp, a little spark and just enough drama. Here’s what floats on top.

📈 Coinbase is added to S&P 500.

🍋 News Pads: Why shouldn’t you trust the website to finance the curve and x accounts ZKSYNC and Matters Labs + Sea

🍍 market taste today

Consumer prices index data (CPI) fell today and Inflation has become a little colder than expected for April.

CPI – which monitors the costs of everyday things like food, gas and rental – rose 0.2% last month. This puts the annual inflation rate at 2.3%, The lowest is since February 2021.

Monthly number matching with expectations but The annual figure arrived just below 2.4% of the forecast.

What does that mean: The Fed could finally be able to exhale a little. The annual rate coming below the forecast gives them a little space perhaps Consider reducing the rate – if this trend goes on.

This type of news is usually bully for cryptocurrencies … but Bitcoin And Alts barely reacted.

Why? Because everyone is still waiting for them to see what the Fed really does.

Although inflation numbers in April were cold, There is still Trump Tariff Wildcard. Depending on how trade conversations pass before this summer, inflation could be picked up again.

As far as speed reduction is concerned, we could get more traces on Thursday when Jerome Powell speaks. But expectations are low – at least according to CME FEDWATCHWhat says most betting rates will remain at the FOMC meeting on June 18.

We probably will see 👀

🥝 Memecoin vintage

These tokens may have skipped the leg day but they certainly did not skip the pump day 💪

Data from 08:30 est.

Check these memecoine and a lot more here.

If you have invested for a while, think when you first started. One of the first things you discovered – Immediately after “What is a stock?” – He was S & P 500. This is basically the initial package for anyone entering the stock market.

S&P 500 is a stock market index Performance of 500 largest public companies in the United States (So ​​like, Apple, Microsoft, Nvidia, basically – the biggest dawgs).

You will hear that it is mentioned in almost every guide to investing a beginner. Warren Buffett loves him (And done fine for himself).

Why so?

1. Because it is stupid simple. Instead of trying to guess which company will blow next, you can only stick to the S&P 500 Fund and have a piece of hundreds of most successful American companies. If one drops, the rest can help compensate;

2. There are also a Great board – For decades, on average, it has been returning somewhere between 7% and 10% per year. Nothing glittering, but it works. Just put your money, let it cool and check each time;

3. Oh, and that is cheap. Fees are small compared to those funds trying to beat the market (and often fails).

That is why it is for beginners and many experienced investors.

Now, an exciting part: Starting from May 19, Coin joined by S&P 500. So, anyone who invests in the fund will automatically get a piece of coin.

Ohhh yeeeeeaaaah, honey 😎

Immediately after this was announced, Coin jumped almost 11% in trading after hours.

Adding to S&P 500 means that the company is now Officially one of the 500 largest public companies in the United States.

The index is weighted on a market cap, so the larger the company, the more it affects it. Coinbase is likely to be somewhere in the lower 400, where companies are usually Make 0.01% to 0.2% of the total index.

But it’s still Huuuge.

This means that all funding and the ETF -I will accompany the index now have Buy stock Coinbase = the whole institutional money that comes.

It’s not just about money, Tho ‘ – Being in S&P 500 is the main seal of the approval. Think about it – one of the most respected stock indexes in the world now includes a crypto company. For anyone who still thought Crypto was just a technological lateral bustle, that could change some things.

And the more Coinbase gets attention, the more he shows the world that matures.

Cfo cfo, Alesia Haas, Put like this:

“This is the main turning point, not only for the Coinbase, but also for the whole crypto industry. The establishment of this prestigious index reflects how much they have come to Coinbase -ai industry and the signal where the world is leading.”

Damn straight.

You are in knowledge now. But think about your friends – they probably have no idea. I wonder who could fix it … 😃🫵 Expand the word and be a hero you know you are!

🍋 The news falls

🚨 Finance Curve is told everyone to hold away from the curve (.) Fi website – she hacked and sends people to a false site that can steal your cryptocurrencies. They moved everything in the curve (.) Finance and in fact they could hold on to the domain name well.

👎 The Governor of Arizona, Katie Hobbs, is veto on two laws that would give the state a greater role in cryptocurrencies. But she was delayed on a new law that caused Bitcoin ATMs to follow stricter rules.

⚠️ X accounts for ZKSYNC and Matters Labs have hacked. The attackers used them to publish false news and identity thefts to cheat on people.

⚖️ SEC President Paul Atkins says Blockchain could change the way the financial markets work in the way the laws in old school have never seen. He also said that sec would focus on clear rules instead of the whole “Prosecutor first, explain later” which we had before. Somewhere out there, Gary Gensler is raging on the wall …

😩 Tired of the crypto telegram groups that feel like traps of unwanted mail? Here are a list of those who do not vacuum.

🍌 juicy mes