The situation in the Asian session is really lively. Samsung of South Korea and SK Group are set to pour 20,000 trillion won into AI chips—this kind of force directly pulled the KOSPI from -3.4% back up. A shortage in memory chips is expected to last at least until the end of next year, and the related tokens are likely to keep getting noisy.

Things are still not too calm in the Middle East. The capacity through the Strait of Hormuz is only a small fraction of what it was before the war, and oil prices have risen again. Risk-off sentiment is still in place, and both BTC and gold are watching the trading ranges.

Over in the U.S., the FHFA is preparing to allow cryptocurrencies as collateral for mortgage loans. If this actually happens, it could make it much easier for over-the-counter funds to flow in and move along with the trend. The Injective summit opens on July 16, and all those people from Wall Street will be there—showing that traditional capital really is shifting toward the chain.

SpaceX’s large IPO listing mechanism is being introduced on Nasdaq, so passive capital allocations need to get in early. Zhipu GLM-5.2 and OpenAI GPT-5.6 are also running ahead—this AI theme still needs to stay on our radar.

#AI #INJ #ETH

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