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Crypto
Three conditions for bitcoin's $100,000 rally: bills, rate cuts, buying
Galaxy Digital CEO Mike Novogratz said bitcoin would need passage of a U.S. cryptocurrency bill, Federal Reserve rate cuts and a recovery in investor demand to rise to $100,000. He said bitcoin may trade in a narrow range for now unless the macro backdrop improves, with a lower bound of $60,000 and an upper bound of $80,000. He reiterated a long-term investment case for bitcoin amid rising U.S. national debt.
Industry
Samsung Electronics to supply 1,000 ceiling air conditioners to 100 mosques in Saudi Arabia
Samsung Electronics will supply about 1,000 ceiling-type system air conditioners to around 100 mosques in eight major cities in Saudi Arabia, including Riyadh, it said on Saturday. The company will provide its 360 Cassette model and plans to expand cooperation after signing an MOU in June with local partner Ghoroos Charity. Samsung said its Middle East B2B business is also extending to transport and education facilities.
Industry
Hanwha Philly Shipyard wins contract for U.S. 'Golden Dome' missile defense support ship
Hanwha Philly Shipyard will build a key support vessel to be used in the United States' 'Golden Dome' missile defense programme. The U.S. Maritime Administration on July 17 announced the signing of a contract to build a sea-based missile test instrumentation vessel, or MRIV, at a naming ceremony for the fourth National Security Multi-Mission Vessel. The MRIV will be delivered in phases starting in 2030.
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Crypto
Authorities flag about 30 digital asset unfair trading cases; basic act to include account freezes, rewards
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AI & Enterprise
Alibaba's T-Head releases open-source software for its AI chips
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Industry
US K-beauty sales surge 48 percent in a year as local retailers expand offerings
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Crypto
MegaETH to end Megamafia accelerator after two years
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Crypto
Uniswap holds first vote to activate v4 pool protocol fees
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AI & Enterprise
Cybersecurity risks grow as OTA spreads in auto industry
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Crypto
Bitcoin on-chain shift raises possibility bear market is in final stage, CryptoQuant says
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Crypto
XRP eyes $0.9223 lower-channel support; rebound target seen at $3.18
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AI & Enterprise
KIST Europe Research Institute marks 30th anniversary, unveils 'BRIDGE to YOU' vision
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Crypto
U.S. regulators miss Genius Act deadline for final rules
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AI & Enterprise
Firefox to shorten release cycle from four weeks to two
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AI & Enterprise
SKT, Hana Financial Group hold TECH4GOOD hackathon to find inclusive AI
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Mobility
Waymo service disrupted by San Francisco power outage, highway routes also suspended
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Crypto
Kaspersky spots malware framework targeting cryptocurrency investors
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Finance
Woori Financial steps up push to become full-service financial group