In which Wall Street is thinking about CRIPTO

Take Speaker a

All right, Coinbase set to join S & P 500, replacing the detection of financial services, which was acquired by the capital. For more, we are now joined by older markets of Yahoo Finance, Ines Ferre. Ines.

00:13 Ines Ferre

Yes, guys. And this is a company that really left that in the covers of the Sector is bilen. And now, uh, you enter the S & P 500, uh, poster now, because this is the first company to be included in the S & P 500. And it is not lost in anyone in the cryptoon, it is certainly not lost on anyone in the crypton world. And it doesn’t get lost on anyone in Krippo. Bernstein analysts also, uh, talk about it. They launched, uh, coins with a purchase rating back in March and the goals of $ 310 price. And what these analysts indicate whether it is a really dramatic reversal when it comes to companies and crypto industry. This reversal in which they say that the hardship of the trump government will make America Cripto capital of the world will be very useful for Kovanica. That coin remains the dominant player. Have 66% of the market. Uh, talks about the amount of users who also have them, uh, on their platform. Uh, although you may have some bears for coins that talk about the growth of competition and pressure in the CRIPTO, in the environment within the crypt’s industry within this, uh, under Trump’s management is indeed, uh so for this company. If we look at, I have, uh, touch screen immediately. If we look at where it is stock today, you see that it is 25%, uh, percentage of Intradai, but in today’s, uh, coinbase is only 4%. But remember that this stock touched your time, uh, back last year, late last year. She really rose after trump, uh, administration, after Trump was elected. And from the bottom of 8. April, you look at a rally from 52% for a coin. I also spoke earlier to David Hollerit about this, and he just pointed out that it really gives it a verification of credity when it comes to Cripto. And the fact that you will now have your average American who is somewhat exposed if they get a S & P 500 ETF because of that exposure. Hm, look, Microstrategy is in S & P 500, but remember, this is Microstrate’s Bitcoin. Uh, they really talk about it, I mean, their whole thing is Bitcoin, but with coinbase, you’re talking about the crypt world at all.

04:56 Speaker a

Yes, a really interesting move. Thanks, ines. I appreciate it.