NewsVideoPricesResearchEventsData & IndicesSponsoredliveUpdated 8 minutes agoBTC and yen rise against the dollar. (lizzyliz/Pixabay)Korea's chip stocks slumped again. Bitcoin is holding above $60,000.South Korea's Kospi slid 7.9% on Thursday after Samsung and SK Hynix shed a combined $290 billion in market value, the second time this month the index has blown up on AI chip worries. Bitcoin clawed back above $61,100, up about 4% on the day, per CoinDesk data.Meta flagged plans to sell computing power to outside customers, which raised the obvious question about whether the AI infrastructure buildout has overshot demand. Same doubt that hit the sector two weeks ago, different headline.Bitcoin's read on the day was different. Warsh told the ECB forum in Sintra that inflation risks have come down, the first notably softer comment from him since the hawkish June dot plot triggered weeks of ETF outflows. Dollar slid and treasuries wavered. Friday's U.S. jobs report is the next swing factor. Strong print hands the Fed cover to stay restrictive, while a soft print revives rate-cut pricing. Either way it sets the tone for July - a month that traders will watch after bitcoin's rare first half year-to-date loss that puts it firmly in midst of a bear market.Binance sees $2 billion outflows in a week as retail participation weakensBinance saw over $2 billion in net outflows over the past 7 days, according to CoinMarketCap data.The world's largest crypto exchange’s retail flow profile has also been weakening. CryptoQuant analyst Darkfost said BTC inflows of less than 1 BTC on Binance have fallen to a monthly average of 329 BTC per day, the lowest level in the exchange’s history.That compares with 2,690 BTC per day at the 2021 cycle peak and 3,700 BTC per day in 2018, according to the analyst. A single day in January 2018 saw 10,400 BTC of sub-1 BTC inflows.Binance remains the largest crypto exchange by trading volume. The exchange is no longer serving some EU users after missing the July 1 deadline to secure authorization under Europe’s Markets in Crypto-Assets (MiCA) framework. Binance withdrew its MiCA application in Greece and has said it remains committed to Europe.Bitcoin and yen strengthen against the dollar, maintaining positive correlationBitcoin (BTC) traded above $60,000 during Thursday’s European trading hours as traders priced out the prospect of a Federal Reserve interest rate hike in July.The so-called dovish repricing occurred after Fed Chair Kevin Warsh said inflation risks have eased.In currency markets, the Japanese yen strengthened to 161.20 per U.S. dollar from its 40-year low of 162.84. The sudden upswing in the yen during European hours triggered rumors that the Bank of Japan (BOJ) may have intervened to support its weakening currency.While the BOJ recently raised its interest rate to 1%, the move failed to halt the yen’s slide, and understandably so. With U.S. interest rates at 3.5%, the dollar remains attractive to investors.From a crypto perspective, the yen and bitcoin have developed a strong correlation. 12345678910Building the Zcash Machine: Tachyon and Quantum ReadinessBuilding the Zcash Machine: Tachyon and Quantum ReadinessZcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.Jun 30, 2026Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.Why it matters:Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.View Full Report