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07:46
Siemens will invest 300 million euros in Germany to expand technological capacity for AI data centers and other uses.
Investment projects include the construction of a new supplier facility in Offenbach, Germany, as well as the expansion of two existing factories in Frankfurt. Construction is scheduled to begin in July this year, and the supplier facility is expected to become operational in the spring of 2027. This investment project will create 700 new jobs by the end of 2030.
07:43
Citi lowers its 12-month bitcoin price target to $82,000 and ethereum to $2,240.
Foresight News reported, citing Reuters, that Citigroup has lowered its 12-month outlook for Bitcoin and Ethereum, reducing Bitcoin’s target price from $112,000 to $82,000 and adjusting Ethereum’s anticipated price from $3,175 down to $2,240. Citigroup stated that waning investor interest, decreasing inflows into exchange-traded funds, and the lack of progress in US digital asset legislation have all negatively affected the prospects of these two cryptocurrencies. Citigroup indicated that this adjustment is due to its decision to revise its assumption for net ETF inflows over the next 12 months from $1 billion down to zero. The report also noted that sluggish progress on US cryptocurrency legislation and concerns that digital asset management companies might sell Bitcoin have dampened investor sentiment, with this weakness coinciding with a shift of funds toward artificial intelligence-related assets.
07:42
Solana’s daily token issuance hits an 80-day high, with token graduation numbers rising simultaneously
Odaily reported, according to SolanaFloor monitoring, Solana's daily token issuance has reached an 80-day high, and the number of tokens graduating has also increased, coinciding with the launch of the ANSEM meme coin.
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