You're tuned in to Tech Beat. Here are the stories shaping the day.
Bitcoin is holding near seventy-seven thousand dollars after posting its second-best weekly gain since early two thousand twenty-one, a surge of roughly twenty-two percent. Treasury buybacks, fresh ETF inflows, and a softening dollar all contributed, with traders now watching Fed Chair Warsh's debut at the Jackson Hole symposium for signals on what comes next.
Shifting from markets to the Moon, China's Manned Space Agency abruptly cancelled the Chang'e seven lunar mission just one day before its scheduled launch. The probe was bound for the Moon's south pole to hunt for ice in deep craters using a wheeled rover and an experimental hopper vehicle. No official explanation has been given for the scrub.
And in the wearables world, Garmin has quietly scheduled a YouTube live event titled Play Harder for the twenty-fifth of August. The company hasn't said much, but the timing and branding point strongly toward the unveiling of the Fenix nine, the next entry in its flagship outdoor smartwatch line. Garmin fans, set your alarms.
Keep surfing. Tech Beat out.
