In this episode of CoinStreet, we dive into developments in the cryptocurrency and blockchain sectors. A new S&P index, the Digital Markets 50 Index, is set to track 15 cryptocurrencies and 35 blockchain-linked stocks, highlighting the growing integration of digital assets into global markets. This initiative, created in partnership with Denari, aims to provide investors with a clearer view of the evolving landscape.
Immutable co-founder Robbie Ferguson shares insights on the future of gaming and crypto, suggesting that major gaming companies are preparing to enter the crypto space as U.S. lawmakers move closer to regulatory clarity with the Digital Asset Market Clarity Act. This legislation seeks to define the roles of key financial agencies in regulating the crypto market, paving the way for innovative token-based incentives in gaming.
Additionally, we explore a study by Changely and Simple, revealing that over 60% of users are already utilizing crypto cards for online transactions and everyday purchases. As the demand for gold remains strong, with prices reaching $4,000 an ounce, Goldman Sachs predicts that gold could soar to $5,000 an ounce, driven by central bank buying and increased investment in gold-linked ETFs. Jane King has the latest from the NYSE.