{"id":48330,"date":"2026-03-28T11:35:15","date_gmt":"2026-03-28T11:35:15","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2026\/03\/28\/evening-digest-crypto-slide-spacex-ipo-buzz-india-selloff\/"},"modified":"2026-03-28T11:35:15","modified_gmt":"2026-03-28T11:35:15","slug":"evening-digest-crypto-slide-spacex-ipo-buzz-india-selloff","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2026\/03\/28\/evening-digest-crypto-slide-spacex-ipo-buzz-india-selloff\/","title":{"rendered":"Evening digest: Crypto slide, SpaceX IPO buzz, India selloff"},"content":{"rendered":"
<\/div>\n

Global markets closed the week on a cautious note, with multiple asset classes reflecting heightened uncertainty. <\/p>\n

The cryptocurrency market weakened amid a broader risk-off mood, while geopolitical tensions and rising oil prices shaped equity sentiment. <\/p>\n

At the same time, Elon Musk\u2019s potential plans for a retail-heavy SpaceX IPO drew attention, even as foreign investors accelerated their exit from Indian equities. <\/p>\n

Meanwhile, SoftBank signaled a renewed push into artificial intelligence with a massive financing deal.<\/p>\n

Crypto markets slide as risk-off sentiment deepens<\/h2>\n

The cryptocurrency market fell to its lowest levels in more than two weeks, weighed down by a broader risk-off sentiment. <\/p>\n

Bitcoin fell below $66,000, while Ethereum fell below $2,000. <\/p>\n

The downturn coincided with a pullback in US equity futures, as rising oil prices and fears surrounding the Iran conflict dampened investor appetite for risk. <\/p>\n

Oil prices holding above $100 per barrel added to inflation concerns, further pressuring sentiment.<\/p>\n

Altcoins saw sharper losses, with several tokens falling between 3% and 6%. <\/p>\n

Derivatives data showed that bullish positions bore the brunt of liquidations, with nearly $300 million wiped out in long bets over 24 hours, compared with just $50 million in short positions.<\/p>\n

At the same time, open interest trends pointed to growing bearish positioning. <\/p>\n

XRP futures, for instance, saw rising open interest alongside falling prices, signaling increased short activity. <\/p>\n

Across major tokens, negative funding rates and demand for downside protection reinforced a cautious outlook.<\/p>\n

SpaceX IPO plan signals shift toward retail investors<\/h2>\n

In a potential break from traditional IPO structures, SpaceX is considering allocating up to 30% of its shares to retail investors<\/a>, according to a Reuters report.<\/p>\n

The move would significantly exceed the typical 5% to 10% allocation seen in most high-profile listings, signaling a shift in how ownership and price discovery could be shaped.<\/p>\n

The strategy appears to draw on Musk\u2019s experience with Tesla, which has a strong base of individual investors. <\/p>\n

By increasing retail participation, SpaceX could create a more loyal shareholder base and reduce reliance on institutional investors in early trading.<\/p>\n

The company is reportedly targeting a valuation of around $1.75 trillion, potentially making it one of the largest IPOs in history. <\/p>\n

If executed, the structure could redefine how marquee tech offerings are distributed in public markets.<\/p>\n

Foreign outflows rattle Indian markets amid oil shock<\/h2>\n

Indian equities are facing significant pressure as foreign portfolio investors pull out funds at a record pace. <\/p>\n

Outflows have reached approximately $12 billion in March<\/a>, surpassing previous highs and reflecting a sharp reversal in sentiment.<\/p>\n

The selloff has been driven by rising oil prices and escalating geopolitical tensions, particularly linked to the Iran conflict. <\/p>\n

Benchmark indices such as the Nifty 50 and BSE Sensex have both declined around 9.5% since the conflict began.<\/p>\n

The Indian rupee has also weakened sharply, hitting record lows against the US dollar. <\/p>\n

Analysts warn that currency depreciation could amplify outflows by eroding returns for foreign investors.<\/p>\n

Rising crude oil prices remain a key concern for India, a major importer of energy. <\/p>\n

Analysts caution that sustained high oil prices could widen the current account deficit, push inflation higher, and weigh on economic growth.<\/p>\n

SoftBank doubles down on AI with $40 billion loan<\/h2>\n

SoftBank has secured a $40 billion bridge loan<\/a> as it intensifies its focus on artificial intelligence and deepens its relationship with OpenAI.<\/p>\n

The financing, arranged with major global banks, will mature in March 2027 and provide the company with flexibility to deploy capital across its AI initiatives.<\/p>\n

SoftBank has already committed $30 billion to OpenAI and is positioning itself at the center of the global AI race. <\/p>\n

The company is also involved in large-scale infrastructure efforts such as the Stargate Project, which aims to invest up to $500 billion in AI infrastructure in the United States.<\/p>\n

The latest funding move reflects a strategic pivot toward AI after a volatile period for SoftBank\u2019s Vision Fund portfolio. <\/p>\n

It also underscores growing competition among global technology firms to secure leadership in generative AI.<\/p>\n<\/p>\n

The post Evening digest: Crypto slide, SpaceX IPO buzz, India selloff<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Global markets closed the week on a cautious note, with multiple asset classes reflecting heightened uncertainty. The cryptocurrency market weakened amid a broader risk-off mood, while geopolitical tensions and rising oil prices shaped equity sentiment.  At the same time, Elon Musk\u2019s potential plans for a retail-heavy SpaceX IPO drew attention, even as foreign investors accelerated <\/p>\n","protected":false},"author":1,"featured_media":48331,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-48330","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/48330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=48330"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/48330\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/48331"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=48330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=48330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=48330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}