From Nasdaq:

Crypto is poised to become the 12th sector of the S&P 500. Bitcoin’s global adoption, stablecoin usage, El Salvador’s groundbreaking move to make Bitcoin legal tender, and MicroStrategy’s successful Bitcoin investment are key factors driving this growth. The recent approval of Bitcoin ETFs by the SEC is expected to further accelerate institutional adoption. With a market cap exceeding $2 trillion, the global cryptocurrency market has significant potential for growth in the next five years.

Visa, MicroStrategy, and Coinbase are notable players in the crypto space. Visa allows transactions using USDC stablecoin on its payment network, while MicroStrategy’s Bitcoin holdings generated significant gains recently. Coinbase, in partnership with Circle, launched USDC five years ago, which now has a market cap over $28 billion. These companies highlight the increasing mainstream adoption of cryptocurrencies.

Investing in Artificial Intelligence (AI) stocks presents significant growth potential. Zacks Senior Stock Strategist, Kevin Cook, has identified five hand-picked stocks in the AI sector with high growth potential. By 2030, the AI industry is predicted to have an economic impact of $15.7 trillion. Automation through AI technology is revolutionizing various industries and freeing people from mundane tasks to focus on innovative and miraculous achievements. Download the free ChatGPT Stock Report for more insights.



Read more at Nasdaq: Zacks Investment Ideas feature highlights: Coinbase, Visa, MicroStrategy and BITB