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NASDAQ rises on semiconductor momentum as Dow closes above 53,000 for the first time

The semiconductor surge signals robust tech demand, impacting crypto mining costs and potentially boosting tech-driven market optimism. The post NASDAQ rises on semiconductor momentum as Dow closes above 53,000 for the first time appeared first on Crypto Briefing.

Jul 6, 9:29 PM

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S&P 500 and NASDAQ close higher as post-holiday rally lifts risk assets

The rally highlights the intertwined nature of tech stocks and crypto, suggesting potential risks for investors in correlated downturns. The post S&P 500 and NASDAQ close higher as post-holiday rally lifts risk assets appeared first on Crypto Briefing.

Jul 6, 8:06 PM

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SpaceX eyes $180 as Nasdaq-100 entry sparks $4.3B buying rush

SpaceX shares have remained under pressure ahead of their Nasdaq-100 debut, even as the upcoming index inclusion is expected to trigger roughly $4.3 billion in passive fund buying. According to Nasdaq, SpaceX will officially join the Nasdaq-100 before the opening…

Jul 6, 5:50 PM

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SpaceX set to unlock $4.3B in forced buying with Nasdaq-100 entry

SpaceX has been scheduled to enter the Nasdaq-100 Index on July 7, a move that JPMorgan estimates could generate about $4.3 billion in automatic buying from passive investment funds. According to a Nasdaq announcement, SpaceX will join the Nasdaq-100 before…

Jul 6, 4:22 PM

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AVAX One CEO Jolie Kahn Resigns Days After Stock Crash Warning

AVAX One Technology, the Nasdaq-listed Avalanche treasury and bitcoin-mining company, said Chief Executive Jolie Kahn resigned effective July 3, with Chief Operating Officer Pete Wylie stepping in as interim CEO, according to an 8-K filing with the Securities and Exchange Commission.

Jul 6, 4:16 PM

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Trump rings NYSE and Nasdaq opening bells from Oval Office, launches tax-advantaged investment accounts for children

Trump's initiative could significantly boost US equity markets by channeling new capital into index funds, reinforcing a "buy American" ethos. The post Trump rings NYSE and Nasdaq opening bells from Oval Office, launches tax-advantaged investment accounts for children appeared first on Crypto Briefing.

Jul 6, 3:52 PM

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BitMine Adds $73 Million in ETH, Pushing Holdings to 4.8% of Supply

BitMine Immersion Technologies (NYSE: BMNR), the Ethereum treasury company chaired by Fundstrat's Tom Lee, bought 42,197 ETH worth roughly $73 million over the past week, according to the company's own holdings update posted Monday. The purchase lifts BitMine's total to 5,742,237 ETH, about 4.8% of…

Jul 6, 3:19 PM

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SK Hynix plans Nasdaq listing to raise $28B for AI memory buildout

SK Hynix's Nasdaq listing could enhance global investor access, potentially reducing the "Korea discount" and boosting AI infrastructure investments. The post SK Hynix plans Nasdaq listing to raise $28B for AI memory buildout appeared first on Crypto Briefing.

Jul 6, 2:12 PM