Coinbase joins the S&P 500, MicroStrategy buys Bitcoin again, and Arthur Hayes shouts: Buy it all!

On Monday, the US and China reached a major trade agreement, announcing a "temporary suspension" of most tariffs on each other's goods, symbolizing a clear easing of their tense trade relations in recent years. This immediately injected confidence into the global market, with the three major US stock indices rising. BitMEX founder Arthur Hayes also shouted: Buy everything! Coinbase joining the S&P 500 index and MicroStrategy Strategy buying more Bitcoin again all show that market optimism is returning! Coinbase will join the S&P 500 index, replacing Discover Financial Services as the benchmark index, with the change taking effect before trading on May 19. Coinbase's stock rose 8% in after-hours trading. Since its listing in 2021, Coinbase has become a more important component of the US financial system, with Bitcoin value soaring, major institutions receiving regulatory approval to create spot Bitcoin ETFs, and traditional financial giants entering the crypto field. Joining the S&P 500 index typically helps boost stock prices, as funds tracking the S&P 500 will add it to their portfolios. CEO Brian Armstrong happily shared: Coinbase has just become the first and only crypto company to join the S&P 500 index. This milestone represents what true believers from retail investors to institutional investors, our employees and partners have always known - cryptocurrencies are here to stay. MicroStrategy Strategy (formerly MicroStrategy) bought Bitcoin again, spending about $1.34 billion to acquire 13,390 BTC last week (5/5-5/11), with an average purchase price of around $99,856, bringing its total holdings to 568,840 BTC. After the US and China announced good news about tariffs, BitMEX founder Arthur Hayes shouted: Buy everything! At Token 2049 in Dubai on 5/1, he stated that his fund Maelstrom has fully increased its Bitcoin position and predicted that the next wave of funds will flow to high-quality Altcoins with "real earnings". He also directly stated that quantitative easing (QE) will restart, and this Bitcoin bull market has just begun. Risk Warning: Cryptocurrency investment carries high risk, and prices may fluctuate dramatically. You may lose all your principal. Please carefully assess the risks.