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Crypto
Ethereum shows correction signs amid strength, warning of drop to $1,800
Ethereum is extending gains, drawing attention as derivatives markets show an all-time-high leverage ratio. BeInCrypto reported on March 12 that bearish signals may be building behind the rise, raising the possibility of a correction. CryptoQuant data showed estimated exchange leverage at about 0.78, with open interest rising from about $9.4 billion to about $10.21 billion in three days. A head-and-shoulders pattern points to a potential move toward $1,680, with $1,800 seen as a key drop level.
Mobility
Cannondale unveils CAAD14 aluminium race bike
U.S. bicycle brand Cannondale has unveiled its new CAAD14 aluminium road bike and stressed a design focused on racing performance. BikeRadar reported the model was built for a more aggressive racing experience than the CAAD13. The CAAD14 keeps 32 mm tyre clearance, fully integrated cables and a universal derailleur hanger. Cannondale said the frame returns to a round tube profile and the range will be sold in three complete-bike versions and as a frameset.
Crypto
XRP's future is set, Black Swan Capitalist co-founder says
XRP is facing short-term price swings, but an influential crypto community figure offered an optimistic view of its long-term role. Black Swan Capitalist co-founder Vandell Aljarrah wrote on X that XRP’s path is not a mystery and said it is moving toward an important role in the global financial system. He cited past comments by former U.S. Treasury Secretary Rosie Rios about XRP’s use in cross-border payments. Recent information indicates Rios is no longer on Ripple’s board.
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Telecommunications & Media
Broadcast media, telecom deliberation committee elects Ko Gwang-heon as chair nominee
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AI & Enterprise
South Korea to solicit private cloud firms to secure and run GPUs for 'AI highway'
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Telecommunications & Media
Baek Gyeong-hun considers meeting South Korea's three mobile carrier chiefs in April
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Finance
President Lee Jae-myung to chair capital markets meeting on March 18
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Finance
NH Investment & Securities halts margin trading again after two days as credit limit reached
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Industry
Nongshim, Samyang, Ottogi to cut instant noodle prices; cooking oil prices also to fall
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Industry
Oil prices top $100 again in intraday trade after three days
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Games & Commerce
NCSoft loses appeal in copyright suit against Kakao Games over ArcheAge War
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AI & Enterprise
Douzone Bizon upgrades AI corporate tax adjustment function
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AI & Enterprise
SUSE may be up for sale again as EQT sounds out potential $6 billion deal
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Industry
Daesang cuts consumer prices for three Chungjungone cooking oils
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Finance
KOSPI falls on foreign selling; KOSDAQ rebounds 1 percent
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Industry
DRAM, NAND price surge puts PC market on alert, laptop prices seen rising up to 40 percent
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AI & Enterprise
South Korea sets out 'K-Science' drive as part of national R&D investment plan
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Games & Commerce
Kakao union says Kakao must step in over DK Techin's job insecurity