The year 2024 sees strong development in the cryptocurrency field, especially with MicroStrategy's entry into the Nasdaq-100 index. This is the first time a company primarily focused on Bitcoin has been listed among the largest companies on the Nasdaq, reflecting the increasing recognition of Bitcoin by the traditional financial market. Since this announcement was made, the price of Bitcoin has exceeded $102,000, bringing MicroStrategy's total market value to about $92 billion by the end of November.
MicroStrategy's ownership of over $42 billion in Bitcoin raises an interesting question about the future direction of passive investment funds tracking this index. With total assets under management exceeding $550 billion, MicroStrategy's presence could attract significant investment into Bitcoin. However, analysts also predict that this participation may not last if MicroStrategy is reclassified as a financial company due to the volume of Bitcoin it holds. This adjustment will officially take effect on December 23.
That song, OpenSea, the largest NFT marketplace, is stirring up much speculation about the potential launch of a cryptocurrency token and an airdrop for users after registering in the Cayman Islands. There have been rumors in the community about a potential airdrop, although others remain skeptical about its feasibility due to OpenSea's operations in the U.S. With increasing competition from platforms like Blur and Magic Eden, OpenSea may need promotional strategies like an airdrop to attract users back.
Although this news is igniting interest in the community, OpenSea has yet to make any official announcements about it. This adds to the surprise and attracts more attention from global investors and users, demonstrating the dynamism and responsiveness of the cryptocurrency industry in 2024.
