Crypto

S&P, Pantera launch new crypto index; why Bitcoin and XRP are excluded

S&P Dow Jones Indices has launched an institutional cryptocurrency index with Pantera Capital that selects constituents based on protocol revenue rather than market value. The S&P Pantera Digital Asset Index includes 18 digital assets such as Ethereum, BNB, Solana, Tron and Hyperliquid. Bitcoin and XRP were excluded because they do not meet the index’s protocol revenue requirement. The methodology also excludes staking rewards and investment returns.

AI & Enterprise

Jim Cramer says do nothing during earnings season, hold good companies to the end

Jim Cramer urged investors not to be swayed by short-term volatility as the U.S. earnings season gathers pace. He said investors should keep their hands still, watch the signals the market sends and focus on holding good companies for the long term. Cramer said recent moves have been hard to predict, citing GE Vernova’s plunge after earnings and Nvidia’s rebound, as well as utilities rising even as Treasury yields climbed.