Head of Grayscale Research advises Strategy to sell over $3 billion worth of Bitcoin to improve its capital structure and restore market confidence.

According to The Korea Times, South Korea’s presidential office stated Sunday that Samsung Electronics and SK Hynix will unveil major investment plans at a meeting chaired by President Lee Jae-myung on Monday. The investments will be announced at a briefing held at Cheong Wa Dae at 2 p.m. KST (1 p.m. Beijing Time) Monday, as part of the government’s push to advance its "three mega projects" aimed at balanced regional development. A presidential spokesperson added that the initiative is jointly driven by the ministries of trade, science and technology, transport, and energy. Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Choi Tae-won will attend the event and participate in discussions with other attendees. Industry observers expect the two chipmakers to invest over 1,000 trillion won (approximately $650 billion) over the next decade, with potential plans to develop a semiconductor industrial cluster in the southwestern Honam region. Lee Jae-myung called the investment a "historic achievement" and a policy initiative that could transform South Korea’s fate during a Saturday address.

The Israel Defense Forces (IDF) issued a statement on the 28th, saying its troops killed several Hezbollah fighters in southern Lebanon on the 27th. The statement added that IDF forces spotted several Hezbollah fighters carrying rockets in the Nabatieh region of southern Lebanon that day, then launched an attack on them, killing the fighters and destroying their operational site. Separately, the IDF destroyed a Hezbollah rocket launcher in another strike. The statement noted that the incident site is adjacent to the "security zone" where IDF soldiers are carrying out missions, and the IDF will continue operations to "eliminate threats".

Bitcoin briefly dipped below $60,000 over the weekend, logging a roughly 7% decline in the past week. As the second quarter draws to a close, Bitcoin is on track to post a roughly 12% quarterly drop, following a 22% fall in the first quarter, which would mark a rare back-to-back quarterly loss in its history. Meanwhile, altcoins have generally seen steeper declines than Bitcoin: Ethereum fell around 9.5% in the past week, Dogecoin dropped 11.7%, HYPE slipped 10.6%, XRP declined 8.7%, Solana fell 3.5%, and TRON saw a roughly 1.5% drop. Analysts attribute the market’s ongoing pressure to multiple factors, including sustained capital flows into AI-driven semiconductor and memory chip sectors, persistent outflows from U.S. spot Bitcoin ETFs, the Federal Reserve’s hawkish stance, and the U.S. Dollar Index staying at high levels. The market will watch closely for ETF capital flows and demand improvements in the third quarter to judge whether the crypto market can shake off its weak performance in the first half of the year.

According to Lookonchain’s monitoring, a trader with the address CxCTVj has generated roughly 261x returns trading ANSEM. Data shows the trader initially invested only $2,330 to purchase 14.2 million ANSEM tokens. They have since sold 4.2 million ANSEM, cashing out approximately $68,100, and currently hold 10 million ANSEM, worth around $548,800 at current prices. To date, the trader’s combined realized and unrealized profits total about $614,500, translating to an ROI of roughly 261 times.

Data from El Salvador’s Ministry of Finance website shows that the country has added a total of 8 Bitcoin over the past seven days, bringing its current Bitcoin holdings to 7,696.37 coins, valued at approximately $461 million.

According to HTX market data, the "Binance Life" token has seen abnormal price movements, plunging over 30% in a short period. It temporarily hit a price pin at $0.5 before rebounding to $0.54, with a 24-hour decline of 24.19% and a current market cap of $663 million.