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The U.S. Lifts Export Restrictions on Three Major Global Chip Design Software Suppliers to China
BlockBeats News, July 3rd, local time. Siemens AG announced on July 3rd that the U.S. Department of Commerce has notified the three global chip design software suppliers—Synopsys, Cadence Design Systems, and Siemens—that the previous requirement for their China operations to apply for government licenses has now been revoked. Siemens AG stated that it has fully restored Chinese customers' access to its software and technology, while Synopsys and Cadence Design Systems said they are gradually resuming related services. (CCTV News)
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US-Iran Ceasefire Triggers Oil Plunge, Bitcoin Surge, and Gold Rally
Despite the sharp rally, caution is warranted. The $70,000–$72,000 zone has historically been strong resistance. The ceasefire is only temporary (two weeks), and any breakdown in negotiations could trigger a sell-off toward the $62,000–$65,000 support zone. For now, Bitcoin needs to close decisively above $72,500 to confirm a true breakout; failure to do so within 48–72 hours could lead to a swift retracement.
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