According to BlockBeats, on December 11, Bloomberg analyst James Seyffart shared insights on social media regarding the potential classification of MicroStrategy (MSTR) within the Nasdaq 100 index. The company's eligibility for inclusion in this prestigious index may largely depend on its Industry Classification Benchmark (ICB) categorization. MicroStrategy's operational focus plays a crucial role in determining its classification. If the company's primary business is identified as software-as-a-service (SaaS), it could be classified as a technology stock. This classification would align with the traditional criteria for inclusion in the Nasdaq 100, which predominantly features technology companies. However, the company's stock performance has increasingly been influenced by its financial engineering strategies, particularly its substantial investments in Bitcoin. Michael Saylor, the chairman of MicroStrategy, has previously expressed his ambition to transform the company into a "Bitcoin bank." This strategic direction has led to speculation about a potential reclassification of MicroStrategy by the ICB. If the ICB were to categorize MicroStrategy as a financial stock due to its Bitcoin-related activities, it would render the company ineligible for inclusion in the Nasdaq 100. This potential reclassification underscores the evolving nature of MicroStrategy's business model and its impact on the company's market perception and classification within major stock indices.

According to Odaily, the pre-market trading volume for BlackRock's IBIT reached $70 million today. Of this total, 52% consisted of active buy orders, while 30% were active sell orders. Compared to December 10, there has been a 16% increase in active buy orders and a 10% decrease in active sell orders. This shift in trading activity highlights a growing interest in purchasing, suggesting a potential change in market sentiment. The data, monitored by Trader T, provides insight into the current trading dynamics and investor behavior in the market.

Bloomberg analyst James Seyffart wrote on X platform that whether Microstrategy (MSTR) can be classified as a Nasdaq 100 may depend on its ICB classification. If the company's operating business is software as a service, it will be classified as a technology stock. But its stock price performance is now largely tied to financial engineering, stemming from its purchase of Bitcoin. Chairman Michael Saylor has said that he hopes to transform MicroStrategy into a "Bitcoin bank." If the ICB reclassifies MicroStrategy as a financial stock, it will not be eligible for the Nasdaq 100.

Regarding the recent market concerns about the quantum computer chip Willow and the freezing of Satoshi Nakamoto's private key, SlowMist founder Yu Xian quoted crypto researcher Jeffrey Scholz's tweet, saying: "The current dozens of gates of quantum computing are at least millions of gates away from being able to crack Bitcoin private keys. It is not easy to increase the number of quantum gates, and the noise and error rate will also increase, and you will quickly get a useless machine in the real world... Don't worry about Satoshi Nakamoto's private key decades later."

Changpeng Zhao (CZ), former CEO of Binance, recently made an important point about Bitcoin which is that it is limited in its supply. BTC news cycle and the internet saw some delightful reactions from the crypto space. His words have again raised the topic within the crypto community concerning Bitcoin’s max supply, which is 21 […] The post BTC News: CZ Advocates Bitcoin Scarcity as Price... source: https://www.thecoinrepublic.com/2024/12/11/btc-news-cz-advocates-bitcoin-scarcity-as-price-stablizes/

Coincheck Group, the parent company of the Coincheck crypto exchange, begins trading on the Nasdaq stock exchange on Dec. 11. This milestone follows the completion of a merger with Thunder Bridge Capital, finalized earlier this month. Both companies announced on Dec. 10 that Thunder Bridge shareholders approved the merger during a special meeting on Dec. 5 […] The post Coincheck crypto... source: https://cryptoslate.com/coincheck-crypto-exchange-enters-nasdaq-as-second-publicly-traded-us-crypto-exchange/

According to Trader T, today's pre-market trading volume of BlackRock IBIT reached $70 million, of which 52% were active buy orders and 30% were active sell orders. Compared with December 10, active buy orders increased by 16%; active sell orders decreased by 10%.

According to CoinDesk, the CoinDesk 20 Index experienced a notable increase, closing at 3744.31, which marks a 5.2% rise, equivalent to a gain of 185.86 points since 4 p.m. ET on Tuesday. This performance highlights a positive trend across all 20 assets included in the index. Leading the gains were RENDER, which surged by 13.5%, and ETC, which increased by 11.3%. These assets demonstrated significant upward momentum, contributing to the overall positive performance of the index. On the other hand, BTC and ETH, while still showing positive movement, recorded more modest gains of 2.4% and 2.6%, respectively. The CoinDesk 20 Index is a comprehensive market indicator that is traded on various platforms across multiple regions worldwide. This broad-based index provides a snapshot of the market's performance, reflecting the trends and movements of key digital assets. The recent uptick in the index underscores a period of growth and optimism within the digital asset market.

Bitcoin price targets rise as a swift comeback sees BTC/USD spike through the $100,000 mark. source: https://cointelegraph.com/news/bitcoin-price-reclaims-6-figures-cpi-relief-110?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to GMGN data, affected by the news that Coinbase is about to launch PNUT, PNUT 24H rose by more than 32% and is currently quoted at US$1.35.

As an emerging technological trend, decentralized AI is gradually demonstrating its advantages in data privacy, security, and cost-effectiveness.

Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.

VBE (Voting Bloc Entropy) is an innovative indicator that quantitatively evaluates the degree of centralization of DAOs and reveals governance risks through clustering and entropy calculations.

Stablecoins are a vital component in the crypto space, and their stability and decentralization have become key competitive points.

Tracking Nvidia's holdings in concept stocks has important reference value. Investors can continue to pay attention to Nvidia's increase in holdings in related concept stocks, the progress of AI commercialization, revenue growth and gross profit margin changes, new product/service releases, changes in the industry's competitive landscape, etc.

Optimism once again teamed up with Uniswap to launch the ERC-7802 cross-chain asset standard, bringing new prospects for improving the efficiency of cross-chain transactions.

Xan’s support and development of the Bitcoin ecosystem lags behind many other exchanges, so this incident has limited impact on Inscription.

However, with the rapid development of AI technology, the threshold for generating false content has been greatly lowered, which further brings more potential risks.

Instead of having separate pools for each stablecoin, Perena will create one large stablecoin pool to make trading between them easier and cheaper.

This article will give you a quick introduction to ZK, verifiability, and privacy projects on Solana.