I will be in vacation until Jan. 7. Merry Christmas and Happy New Year.

@onchainbuzz

MicroStrategy checks all the boxes for inclusion in the Nasdaq 100 Index. There's just one catch: Bloomberg Nasdaq could use the small size of MicroStrategy’s operating business as a reason not to add the company to the index. The ICB could choose to…

MicroStrategy checks all the boxes for inclusion in the Nasdaq 100 Index. There's just one catch: Bloomberg

*Nasdaq could use the small size of MicroStrategy’s operating business as a reason not to add the company to the index.

The ICB could choose to reclassify MicroStrategy as a financial stock during the next change in March, according to Bloomberg Intelligence analyst James Seyffart.
MicroStrategy is now more similar to a commodity or an ETF since it is “essentially a dead company” without its Bitcoin. A large majority of the company is just purely its Bitcoin holdings and the financial machinations around it, so it is a financial company:** Michael Lebowitz

*NOTE: Financial companies are ineligible for the Nasdaq 100

IRAN'S ARMED FORCES: IF ISRAEL'S BACKERS DIRECTLY INTERVENE AGAINST TEHRAN, THEIR INTERESTS AND BASES IN THE REGION WILL FACE IRAN'S 'STRONG ATTACK' - STATE MEDIA
- IF ISRAEL RESPONDS TO THE IRANIAN ATTACK IT WILL BE MET WITH 'VAST DESTRUCTION OF ITS INFRASTRUCTURE' ...

ISRAEL’S UN ENVOYS SAYS WE WILL ACT, IRAN WILL SOON FEEL THE CONSEQUENCES OF THEIR ACTIONS, THE RESPONSE WILL BE PAINFUL ...

Caroline Ellison will serve two years in jail amid the FTX fraud. @onchainbuzz

Relevant edit: MiCa will take effect in June 2024. Binance is not expected to delist stables tomorrow. @onchainbuzz

Sol Spot ETF possibility:

SEC currently considers SOL an unregistered security and No SOL CME Futures exists.
May depend on a new administration in the White House and SEC. Unlikely with Gary Gensler.
Low inflows to ETH ETFs this year may indicate even lower potential for SOL ETFs.

Timing in case: not before 2025 — If a 19b-4 filing was made today, the deadline would be around mid-March 2025: BBG etf analyst, James Seyffart

Mt.Gox fud is back on air. @onchainbuzz

SEC is dropping its investigation into Ethereum, Consensys says — link | tl;dr