Search results for 2020
Industry
Apple eyes CXMT but capacity already near full, raising doubts over memory talks
Apple is approaching Chinese memory maker ChangXin Memory Technologies (CXMT), but analysts say CXMT’s position has changed and may limit any impact on prices or supply control. ITmedia reported CXMT’s monthly DRAM wafer output exceeded 100,000 in 2024, with existing plants operating close to maximum. The company’s output rose steadily from 2019 and reached 1.62 million wafers in 2024, lifting it to No. 4 globally with about 5 percent share.
Crypto
XRP holds long-term trend in pullback; monthly chart eyes $6.44 and $8.76
XRP is holding a support pattern inside a rising triangle that has been in place since 2018, a report said. On the monthly chart, a breakout above upper resistance could open targets at $6.4413 and $8.7614. XRP is trading in the $1.10 range, up more than 9 percent from this month’s opening price of $1.0385. Key levels cited include support at $0.8369 and resistance at $1.5620 and $3.5733.
Crypto
BitMEX to wind down operations after 11 years; Zhao says \'sad\'
Cryptocurrency exchange BitMEX will cease operations on Sept. 23 local time. Operator HDR Global Trading decided to permanently close the exchange after reviewing its business strategy and broader crypto market conditions. New sign-ups have been halted, and limits on new positions will begin on Aug. 26. Unclosed positions will be liquidated at shutdown. BitMEX said it is not responsible for losses from failure to close positions by deadlines.
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Crypto
Cardano nears long-term downtrend wedge; focus on $0.20, $0.25 and $0.60 scenarios
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Crypto
Bitcoin nears $67,000 as crypto-related stocks surge
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Crypto
Strategy CEO says it will buy bitcoin again after STRC recovers par value
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Industry
Wider income gaps linked to lower cultural participation, study finds
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AI & Enterprise
Auk raises $60 million seed to target management of enterprise app and AI agent access rights
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Crypto
Hollywood actor Ben McKenzie lobbies against Clarity Act, urges U.S. lawmakers to vote no
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AI & Enterprise
ITCEN Croit unveils CENCUE billiards brand, targets sports tech hub
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Finance
KB Kookmin Bank selected as Seoul Metro main banking partner for third straight time
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AI & Enterprise
Transformer shortage pushes lead times to up to 4 years as AI data centre, EV demand surges
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Crypto
U.S. inflation fall biggest in four years wipes out crypto shorts; liquidation imbalance 1,810 percent
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Crypto
XRP new high likely in 2029 based on past cycles
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Crypto
U.S. court ruling that XRP itself is not a security marks 3rd anniversary
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Mobility
Tesla\'s per-vehicle net profit slumps from $9,500 to $2,140 for third straight year of decline
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Crypto
Ripple CEO says firm considered shutting down after U.S. SEC lawsuit
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Crypto
Solana early whale wallet shows signs of 180,000 SOL theft, possible 21 billion won loss