Coinbase Joins S&P 500, Shares Surge 24%
CW 20. Coinbase will join the S&P 500, replacing Discover, marking a milestone for the crypto industry. Its shares rose nearly 24% on the news. Binance launched a new Alpha Points usage mechanism for TGEs and airdrops. CoinMarketCap unveiled its own launchpad, CMC Launch.
Binance Alpha point starts consumption
A new Binance Alpha Points consumption mechanism where points will be spent when users confirm to participate in an exclusive TGE or claim an Alpha airdrop.
The Binance Alpha Points consumption mechanism was formally introduced on 13 May, 2025. Participation in any event is optional so users can choose whether or not to spend your Binance Alpha Points. Binance Alpha Points are spent immediately when you confirm participation in an Alpha event (e.g., Alpha airdrops or TGEs).
Details see:
https://www.binance.com/en/support/faq/detail/12e7f2e555704f9c8e852d1c1afb032a
Coinbase to join S&P 500
Coinbase Global Inc., the largest US cryptocurrency exchange, will be added to the S&P 500 Index in the latest milestone for the booming digital-asset industry. The company will replace Discover Financial Services in the index prior to the start of trading on May 19.
Announcement from S&P Global:
Coinbase stock jumped nearly 24% as the company was set to become the first and only crypto platform in the S&P 500.
CMC Launch by Coinmarketcap
Coinmarketcap launched their project Launchpad named CMC Launch:
https://coinmarketcap.com/cmclaunch/
Obviously it's big for them as it's shown multiple times on the home page.
1st project is https://x.com/Aster_DEX/ backed by YZi Lab.
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