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Category: News
By ItalianCannon Coinbase will become the first cryptocurrency-focused company to join the S&P 500 index on May 19. The exchange replaces Discover Financial Services, which was acquired by Capital One. Index funds tracking the S&P 500 must now include Coinbase shares, likely boosting demand and liquidity. Coinbase’s market cap stands at $53 billion, with shares […]
By ItalianCannon American Bitcoin, co-founded by Eric Trump, is set to go public through a merger with Gryphon Digital Mining. The new entity will focus on large-scale Bitcoin mining and reserve accumulation, with American Bitcoin shareholders owning 98% of the merged company. The announcement triggered a 173% surge in Gryphon Digital Mining’s share price. The […]