South Korea’s $518 billion AI chip push shows crypto is still losing the capital race
South Korea's Samsung and SK Hynix accelerated their chip-plant expansion by ten years to meet artificial intelligence memory demand. The country is investing $518 billion in AI chips, reflecting how capital has shifted away from cryptocurrency toward AI infrastructure throughout the year.
Three Things Crypto Investors Should Watch This Week
US economic data releases and Middle East military tensions will shape crypto markets this week. Investors should monitor upcoming economic indicators while geopolitical developments potentially affect broader market sentiment.
Why Is The Crypto Market Up Today?
The crypto market rose approximately 0.7% as US-Iran de-escalation tensions eased, with total market capitalization reaching near $2.05 trillion after dipping to $1.99 trillion on June 25. Bitcoin traded around $59,900, up roughly 0.7% from its previous position.
This Is Bitcoin's Worst Halving Cycle Ever
Bitcoin's price has failed to rally during its current post-halving cycle, marking the worst performance following a halving event in the cryptocurrency's history. The traditional hype-phase rally that typically follows halvings has not materialized this time.
Samsung and SK Hynix Fall Despite Separate $1.3 Trillion Chip Plans
Samsung and SK Hynix each announced separate trillion-dollar chip investment plans. Both companies' stock prices declined Monday due to tech sector selling pressure and a regulatory setback.
$4 billion gone. Spot bitcoin ETFs are on track for their worst month on record
Investors withdrew $4 billion from U.S.-listed spot bitcoin ETFs in June, marking the highest monthly outflow on record. This outflow puts the ETFs on track for their worst performing month since their launch.
Dubai crypto market hits 50 licensed firms after new VARA approval
Dubai's Virtual Assets Regulatory Authority licensed its 50th crypto firm, though only 39 Virtual Asset Service Providers were fully operational at the end of 2025. The emirate's regulated crypto market continues to expand with additional licensed entities beyond those currently in active operation.
Pioneering zk-rollup Loopring closes DEX, citing lack of adoption
Loopring is shutting down its decentralized exchange due to insufficient user adoption and technical limitations. The platform lacked a virtual machine and composability features, which prevented ecosystem growth and real-world payment use cases.
Ether treasury Sharplink bought $62.4M ETH last week
Sharplink purchased 40,000 ETH worth $62.4 million last week, ending an eight-month pause in Ether buying. The purchase signals the company has resumed its strategy of accumulating Ether for its treasury.
Bullish Bitcoin RSI divergence has analysts calling for 2022-style bear market bottom
Bitcoin's relative strength index shows bullish divergences that some analysts interpret as signaling a market bottom similar to 2022 levels. However, other market observers contend that bitcoin prices could still decline further before any sustained recovery begins.
XRP, Shiba Inu (SHIB), Bitcoin (BTC) and Solana (SOL) Price Analysis for June 29: Bottom Is Established
The cryptocurrency market is unclear whether it will recover from recent losses. Bitcoin, Solana, XRP, and Shiba Inu are being analyzed for potential price movements as analysts assess whether a market bottom has been established.
Binance booted from EU, EthLabs rises up to save Ethereum: Hodler's Digest June 14-28
Ethlabs, a nonprofit backed by BitMine and Joe Lubin, launched to promote Ethereum adoption. Binance ceased European operations after failing to obtain required licensing.
Here’s How CoinEx Became a Critical Gateway for Iran’s Crypto Economy
CoinEx processed over $2.7 billion in transactions with OFAC-sanctioned Iranian exchange Nobitex from 2018 onward. The cryptocurrency exchange served as a critical conduit for Iran's crypto economy through its processing of billions in transfers with Iranian exchanges.
Cardano Upgrade Approaches Testnet Phase Through Intersect Release
Cardano's upcoming upgrade will enter testnet phase through an Intersect release. The upgrade includes changes to the blockchain's core functionality and consensus mechanisms.
BNB Technical Setup: Binance Coin Consolidates Near Local Support
BNB is consolidating near a local support level after recent price movements. The cryptocurrency is being monitored for potential breakouts or breakdowns from its current trading range.
CZ wants to make the U.S. the 'capital of crypto': State of Crypto
Changpeng Zhao, Binance's founder, expressed his desire to establish the United States as the global center of cryptocurrency during an exclusive CoinDesk interview. He discussed multiple aspects of the crypto industry and his vision for regulatory frameworks that would support digital asset development in America.
Aave Technical Setup: AAVE Holds Support Above $98
AAVE token price is holding above a $98 support level. The cryptocurrency maintains this technical floor in its current trading range.
BIS warns stablecoins risk fragmenting global financial system
Private digital tokens lack the requirements for sound money and risk fragmenting the global financial system. The Basel-based institution urged policymakers to accelerate work on tokenized forms of central bank and commercial bank money.
Richer Than Bill Gates? CZ Disputes Forbes' Ranking
Changpeng Zhao publicly disputed Forbes' wealth ranking that valued his net worth at $110 billion. Binance's founder challenged the accuracy of the specific valuation assigned to him.
Report: Q2 2026 Becomes Worst Quarter Ever for Crypto Hacks
Cryptocurrency experienced its worst quarter for hacks in Q2 2026, with two major attacks accounting for most losses during the period. The specific dollar amount and identity of the targeted platforms were not disclosed in the available report details.
SecondFi Outlines Recovery Plan After $2.4 Million Cardano Wallet Exploit
A $2.4 million exploit of SecondFi's Cardano wallet was addressed with a recovery plan. The plan outlined specific steps to restore affected user funds and secure the compromised wallet infrastructure.
Ethereum Price Analysis: The Crucial Daily RSI Divergence That Could Save ETH From New Lows
Ethereum's daily relative strength index shows divergence signals suggesting weakening bearish momentum after weeks of decline. The broader trend remains bearish, but early price action indicates sellers may be approaching exhaustion.
Chainlink Smart Collateral Tech Selected for DTCC Financial Infrastructure Trial
Chainlink's Smart Collateral technology was selected for a Depository Trust and Clearing Corporation financial infrastructure trial. The system automates collateral management processes in financial markets using blockchain verification methods.
EU watchdog EBA details big crypto fines as landmark laws bite
The European Banking Authority proposed a penalty framework that can impose fines up to 12.5% of annual revenue on non-compliant significant token issuers. The framework applies as new EU crypto laws take effect and establish consequences for companies failing to meet regulatory requirements.
Strategy's Saylor Defies Critics With New 'More Charts' Post as Bitcoin Battles for $60,000
Michael Saylor posted "More Charts," suggesting potential new Bitcoin purchases while the company faces a 13 billion dollar paper loss. Strategy's internal rules may prevent additional Bitcoin acquisitions at this time.
Samson Mow says bitcoin bottom is in despite skepticism from analysts
Samson Mow claims bitcoin has reached its lowest point because the traditional four-year halving cycle has changed. Several analysts remain skeptical and continue to predict further price declines.
Michael Saylor teases more bitcoin buying even as Strategy stock continues to fall
Michael Saylor shared a chart showing MicroStrategy's $50 billion bitcoin holdings while suggesting the company plans additional purchases. He dismissed market skepticism about the strategy despite the company's stock continuing to decline.
Binance posts over $400M in weekly net outflows as MiCA deadline nears
Binance experienced over $400 million in weekly net outflows as the EU's MiCA regulatory deadline approached. Early exchange flow data showed no evidence of mass user migration to competing platforms despite their recruitment efforts.
Grayscale's Pandl hopes Strategy sells $3B in Bitcoin to restore confidence
Grayscale's research head proposed selling $3 billion in Bitcoin to address Strategy's cash obligations. CryptoQuant countered that alternative methods exist to support the STRC token.
Bitcoin falls below $60,000, on track for a rare back-to-back quarterly loss
Bitcoin has dropped below $60,000 and is down nearly 7% for the week. Both Bitcoin and ether are ending the second quarter with losses, marking a rare back-to-back losing first half of the year.