Search results for Russell 3000
Crypto
Bitcoin shrugs off Iran shock; S&P 500 short squeeze mentioned
Bitcoin held around $66,000 despite rising tensions between the United States and Iran. It dipped about 1 percent intraday but stayed elevated after climbing near $67,000, a five-week high. Oil prices rose to their highest since June 11, while crypto and U.S. stocks remained relatively steady. A market analysis account highlighted high short interest in the S&P 500 and Russell 3000, raising the possibility of a short squeeze. Traders watched $67,000 as a key level.
Crypto
SharpLink resumes ETH accumulation after 8 months, adds 5,000 at annual low
Ethereum treasury firm SharpLink resumed purchases after eight months, receiving 5,000 ETH worth about $7.85 million from prime broker FalconX as ether slid to $1,537, its lowest level this year. On-chain data showed its last receipt via FalconX was on Oct. 26 last year. SharpLink holds about 876,285 ETH and ETH-converted assets. Rival BitMine holds 5.67 million ETH after adding 52,203 last week.
Industry
OpenAI, Anthropic and SpaceX IPOs loom, testing U.S. market’s ability to absorb supply
SpaceX and Anthropic have begun IPO procedures and OpenAI may follow, raising questions about whether U.S. markets can absorb new listings from large private tech firms. Market focus is on shifts in supply and demand after listings, including index inclusion and lock-up expiries that could release large volumes of shares. Estimates suggest up to $4 trillion in market value could be added if all three list.
