Coinbase jumps 22%, heads for biggest gain since post-election pop on S&P 500 inclusion
1. Coinbase shares surged over 20% after its S&P 500 inclusion announcement. 2. S&P Global confirmed Coinbase's replacement of Discover Financial Services in the index. 3. Coinbase's recent earnings showed a decline in net income but a revenue rise. 4. Company plans a $2.9 billion acquisition of Deribit to expand internationally. 5. Bitcoin has recently surpassed $100,000, boosting crypto market sentiment.