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Crypto
Ark Invest\'s Cathie Wood stays optimistic on bitcoin despite weaker U.S. jobs data
Cathie Wood, CEO of U.S. asset manager Ark Invest, maintained an optimistic view on bitcoin after the release of U.S. jobs data. She said the figures may look weak on the surface but the economy is not as bad as it appears, citing productivity gains and faster technology adoption. Wood pointed to fiscal and inflation indicators, discussed the dollar and oil, and said bitcoin and stablecoins could be major beneficiaries as agent-based AI commerce expands.
Crypto
Dogecoin short-term golden cross spotted, rebound to $0.16 possible
Dogecoin has formed a short-term golden cross on an hourly basis, signaling a near-term rebound. U.Today reported that Dogecoin’s 50-day moving average crossed above its 200-day moving average. After a weekend rally, it was last down 0.93 percent over 24 hours at about $0.072. Analyst Ali cited buy signals across multiple timeframes and pointed to $0.056 as key support, with $0.16 as a potential rebound level.
Finance
KOSPI back above 8,000 but focus turns to Samsung Electronics earnings
South Korean stocks this week will be watched for whether the KOSPI can settle above 8,000 after a sharp fall and late rebound. The market’s key event is Samsung Electronics’ preliminary second-quarter earnings on July 7, which investors will use to gauge memory-chip conditions and whether AI demand is translating into profit. SK Hynix’s push to list ADRs in the United States is another variable amid debate over the sustainability of AI investment.
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Crypto
Bitcoin slips to $58,000 as AI, chip stocks correct; bottom not yet confirmed
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Crypto
Three scenarios for XRP; $0.80 support mentioned if $1 breaks
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Crypto
Bitcoin hits 2026 low then rebounds; will weak U.S. stocks trigger further declines?
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Crypto
Strategy\'s record buying fails to lift bitcoin as high-rate worries weigh