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Finance

Shinhan Bank holds small business management seminar with Seoul and Financial Supervisory Service

Shinhan Bank held a management seminar for small business owners with the Seoul city government and South Korea\'s Financial Supervisory Service. The event, held on July 13 at Seoul City Hall, offered practical guidance to help merchants respond to changes in the dining-out and delivery market and shifting consumer trends. A delivery-focused YouTuber and an author presented strategies on platform operations, sales growth and coping with a downturn. Joint consultation booths provided financial and non-financial advice.

Crypto

Bitcoin threatens $58,000 level as dollar strength, selloff by buyers at highs adds pressure

Bitcoin is facing increased downside pressure as it slides toward $58,000 ahead of quarter-end. Cointelegraph reported the dollar rose to its highest level against the yen since 1986, adding strain to crypto markets, while on-chain data showed more stop-loss selling by buyers near this year’s highs. Traders pointed to rising leverage and large long positions entering the dip. Analysts also flagged increased exchange inflows from coins held 6 to 12 months after bitcoin fell below $70,000.

Crypto

XRP at $10 easier than SpaceX reaching $15 trillion value, analyst says

An analyst argued that XRP rising to $10, boosting an investment by about nine times, is more realistic than SpaceX delivering a similar return. XRP YouTuber Jack Lector compared XRP’s price and market-cap structure with SpaceX’s valuation. He calculated that XRP at $10 would imply a market value in the hundreds of billions of dollars, potentially about $1 trillion if supply rises. He said SpaceX would need a $15 trillion to $16 trillion valuation for comparable gains.