Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.

Grab a coffee as we delve into what the day holds for Coinbase, the largest US-based exchange based on trading volume metrics. Despite the exchange’s Q1 earnings underperforming expectations, Coinbase made history by joining the S&P 500, and new developments are in the pipeline later today.

Crypto News of the Day: Coinbase’s COIN Stock To Open on the NYSE After Joining S&P 500

BeInCrypto reported Coinbase Exchange’s landmark ascension to the S&P 500. Specifically, Coinbase Global Inc. will replace Discover Financial Services on the S&P 500, effective before the market opens on…