Galaxy Research cuts the probability of the CLARITY Act being passed in 2026 to 50%.

South Korean government announced plans to construct four chip plants in the country's southwest, with an investment of approximately 800 trillion won. Samsung Electronics will build two new semiconductor factories, while SK Hynix will add two new plants. Over the next 15 years, investment in the chip sector is projected to reach at least 30 trillion won, covering areas including next-generation memory, edge artificial intelligence (AI), and defense. Source: Jinshi

Zcash co-founder and ZODL founder Josh Swihart published a project weekly report, noting that the Zcash development team will jointly map out the project’s future direction in the coming weeks, with a core goal of “Breach all gates” — an initiative to further reduce user reliance on centralized intermediaries and strengthen privacy and self-sovereignty capabilities. On the development front, ZODL Mobile has launched version v3.7.0, adding features including multi-server transaction broadcasting, Android security hardening, and Maya DEX aggregate trading, while prototype development for macOS has kicked off. In core R&D, the team released Zallet 0.1.0-alpha.4, integrating the Zebra state backend, updating RPC interfaces, and rolling out multiple infrastructure optimizations. Work on the NU6.3 upgrade, Ironwood migration, and formal verification efforts is also ongoing.

According to Grayscale’s latest research report, Bitcoin has pulled back more than 50% from its October 2025 peak of roughly $125,000, dropping below $60,000. The report frames this decline as a cyclical correction within Bitcoin’s long-term uptrend, not a reversal of its long-term trajectory. Grayscale notes that Bitcoin’s recent downward pressure stems from multiple factors: expectations of a hawkish shift in Federal Reserve policy, uncertainty over the legislative prospects of the CLARITY Act, balance sheet strains at crypto firm Strategy, and investor concerns about potential security risks from quantum computing. Notably, after U.S. President Donald Trump nominated hawkish Kevin Warsh as Fed Chair, markets have shifted from pricing in interest rate cuts to expecting hikes this year—undermining Bitcoin’s investment thesis as an asset hedging against currency devaluation. Two core scenarios shape Bitcoin’s outlook: In the baseline case, if the CLARITY Act passes the Senate smoothly, Strategy improves its balance sheet, and the Fed pauses rate hikes, Bitcoin may have neared the bottom of this cycle. In the pessimistic scenario, if the bill fails to pass this year, digital asset firms continue deleveraging, and stubborn inflation forces the Fed to raise rates, Bitcoin prices could fall further. Still, given this bull run has been relatively moderate and institutional demand is more solid, this pullback is not expected to replicate the roughly 80% peak-to-trough decline seen in historical cycles. Grayscale added that it remains bullish on the long-term growth prospects of public blockchains and digital assets over the next decade.

According to official announcements, AI trading agent Insiders.bot has officially launched. Per details from the project team and co-founders Daksh Joshi and Ryan Chi, the agent was trained on historical data of roughly 1.6 million Polymarket traders, and rolled out alongside its v1.3 signal system after completing a one-week public beta test with 1,000 new users. Insiders.bot covers over 300,000 prediction markets on Polymarket, delivering users trading research, position allocation, copy trading, and cross-market arbitrage opportunity analysis via natural language, while also tracking "smart money" flows. Official data shows its intelligent signal system has an average win rate of 83%. Additionally, the Insiders.bot team stated the agent successfully predicted multiple World Cup match outcomes, including results for Norway, Japan, Germany, Australia, and France, and accurately foresaw Spain’s failure to win its match against Cape Verde, plus a draw between Portugal and Colombia.

According to Hyperinsight’s monitoring, trading activity for TradFi contracts offered by Trade xyz on Hyperliquid cooled significantly during traditional market closures. The average daily trading volume on weekends stood at around $590 million, just 16.8% of the weekday average (roughly one-sixth). The proportion of HIP-3 trading volume in Hyperliquid’s total volume also fell back to 36.4%. However, data from several consecutive weeks shows Sunday’s trading volume is consistently over 60% higher than Saturday’s. This week’s data shows Saturday’s volume was around $338 million; as of press time, Sunday’s volume has reached $654 million, a 93.5% increase from Saturday. As traditional markets near their opening on Monday (around 9 AM), some on-chain traders may have developed the habit of building positions and pricing in advance via the 24-hour on-chain market to position for the opening session.

According to a report by the Financial Times, Giles Thomson, head of the UK Office of Financial Sanctions Implementation (OFSI), said in an interview that his office is stepping up efforts to penalize companies that violate regulations by conducting business with Iran. Thomson revealed that Russia-related sanctions remain OFSI’s top priority. The department is also deepening cooperation with the United States, and the two sides are expected to issue joint penalties in the future. Furthermore, the department will second staff to the Bank of England for the first time.