Crypto Market Fear Subsides Significantly, Today's Fear and Greed Index at 45

The South Korean government today unveiled its latest industrial plan, with President Lee Jae-myung stating that South Korea must promptly advance the construction of chip production facilities, as existing industrial parks are approaching their carrying limits in terms of water resources and infrastructure. Going forward, the country will focus on expanding semiconductor supply capacity through investments in its southwestern region. Under the plan, South Korea plans to build four chip manufacturing plants in the southwestern region, with a total investment of about 800 trillion won, and aims to invest at least 30 trillion won in semiconductor fields including next-generation memory, edge AI, and defense over the next 15 years. Additionally, the chip packaging cluster in the Chungcheong region is projected to receive an investment of 81 trillion won, AI data center construction is expected to draw around 550 trillion won, new industrial projects in the southwestern region will see investments ranging from 5 trillion to 20 trillion won, and the overall project scale in Gwangju and Jeolla regions could reach up to 520 trillion won. The South Korean government also stated its goal of doubling DRAM production capacity within the next five years and increasing South Korea’s share of the global humanoid robot market. Officials project that the global memory chip market will grow approximately fourfold over the next five years. In reaction to the news, the Korea Composite Stock Price Index (KOSPI) turned from negative to positive in the afternoon, after falling more than 3% at one point during the session.

China's A-share semiconductor equipment sector rallied again in the afternoon. As of press time, Huahai Qingke and Jingyi Equipment surged more than 11%, Jinhaitong and Huaya Smart had earlier hit their daily limit, while stocks such as Huafeng Measurement & Control and Core Source Micro rose in tandem. (Jinshi)

Serenity stated in a report that the decade from 2020 to 2030 is poised to be the fastest period of technological advancement in human history. Reusable rockets are driving rapid development of orbital computing infrastructure, with firms like Rocket Lab and SpaceX continuously enhancing their launch capabilities; Anthropic and OpenAI are advancing artificial intelligence (AI) toward general artificial intelligence (AGI) and even more advanced stages. Humanoid robots from companies including Boston Dynamics and Unitree are making steady progress, and are expected to gradually replace some labor tasks. Additionally, high-energy laser technology is expanding from the defense sector to AI data centers, autonomous driving technologies from Waymo and Tesla continue to be deployed commercially, and quantum computing is also expected to achieve breakthroughs by the end of this decade. Multiple cutting-edge technologies are advancing toward industrialization in parallel, making the current period a highly historically significant investment cycle.

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.