Coinbase Joins S&P 500:
Coinbase will be added to the S&P 500 on May 19, 2025, marking a significant milestone for the crypto industry. This follows a cyber attack costing the firm up to $400 million due to hackers obtaining customer data. Despite this, the inclusion signals growing institutional validation, with Bitcoin surpassing $100,000 and altcoins like Solana, Ether, and XRP seeing significant capital inflows.
