Chery Group inaugurated the Rosslyn Plant in South Africa, marking a key step in its global expansion and local market integration. The plant, originally built in 1963, will retain 692 employees and create up to 3,000 supply chain jobs, with production starting mid-2027 and an annual capacity of 50,000 vehicles. This facility supports the iCAUR brand, which launched its V23 model in South Africa in May, receiving strong market interest. The plant aims for 40% localization by 2028 and will develop into a full automotive hub, enhancing regional operations and sustainable mobility solutions.
Bitcoin briefly surged above $63,000 during thin U.S. holiday trading, driven by low liquidity rather than strong market conviction. This bounce follows a tough June marked by $4.5 billion in net ETF outflows and significant long liquidations. For th...
Aerodrome Finance (AERO) surged to $0.60, its highest since January, driven by strong buyer demand in both spot and derivatives markets. Key indicators like RSI and DMI Modified suggest the uptrend is strengthening, supported by increased open intere...
Prediction market data shows an 86% chance Nvidia will trade below $192 at some point in July 2026, with a 60% chance of reaching $208 but only a 32% chance of exceeding $216. Traders expect the stock to remain range-bound between $184 and $208, refl...
Michael Saylor, Strategy's executive chairman, argues that Bitcoin's next phase will focus less on protocol changes and more on its role in finance as a monetary network. He emphasizes Bitcoin as digital capital used for settlement, reserves, and col...
XRP has moved into a medium-term bullish zone after breaking above the middle Bollinger Band line, ending its recent decline. This price rise coincides with a 111% increase in transaction volume on the x402 protocol, driven by AI agent-to-agent comme...
