TDC NET A/S won $12 million in compensation from the Danish state after a court ruled that an order forcing the company to drop Huawei Technologies Co. equipment amounted to expropriation, according to Bloomberg.

Japan plans to improve how it manages its $1.3 trillion in foreign exchange reserves, according to a draft of the country’s growth strategy report. According to Jin10, the draft indicates the government intends to strengthen the management of these reserves.

David Eng said Bitcoin is about 20% undervalued, putting its fair value near $76,400. According to NS3.AI, analyst Rekt Capital also projected that the current bear market is approximately 71% complete. The comments present valuation and market-cycle estimates for Bitcoin, with Eng focusing on a fair-value level and Rekt Capital offering a percentage-based view of how far the bear market has progressed.

Litecoin (LTC) may be nearing a cyclical bottom and could outperform the broader crypto market ahead of its fourth reward halving around July 27, 2027, according to CoinDesk, citing a historical pattern of LTC bottoming 6-12 months before prior halvings. LTC bottomed near $40 in late June 2022, rallied to about $114 by July 2023, then slipped toward $80 into the Aug. 2, 2023 halving; it also rose more than 40% in November 2022 during FTX’s collapse. Separately, LitVM has processed over 63 million transactions since an April testnet launch, with total wallets above 4.4 million.

Standard Chartered said tokenized assets moving into decentralized finance (DeFi) could drive deposits into Aave and support the protocol’s efforts to rebuild its position as a dominant onchain lending platform. According to Cointelegraph, the bank linked the potential shift of tokenized assets into DeFi with increased deposit activity on Aave, suggesting that such flows could strengthen the protocol’s standing in onchain lending markets. The remarks frame tokenization as a possible catalyst for renewed growth in DeFi lending, with Aave positioned as a key venue for deposits if more real-world and other tokenized assets begin interacting with decentralized protocols. Standard Chartered’s comments focused on the relationship between tokenized assets and DeFi adoption, emphasizing that greater participation by tokenized assets could translate into higher deposits for Aave. The bank said this dynamic could help Aave rebuild its position as a leading onchain lending platform, implying that deposit growth would be an important factor in restoring dominance. The statement did not provide specific figures, timelines, or additional details beyond the expectation that tokenized assets moving into DeFi could contribute to deposit inflows and improve Aave’s competitive position in decentralized lending.

SoftBank CEO Masayoshi Son said that if Tokyo Electric Power Company joins the group, an artificial intelligence data center would be built in Japan. According to Jin10, Son made the remarks while discussing the potential involvement of Tokyo Electric Power Company in the group.

Bitcoin fell toward $62,000 on Wednesday as a second consecutive day of heavy selling in semiconductor stocks kept pressure on risk assets globally — extending what has become the broadest and most sustained institutional exit from the asset since spot ETFs launched in January 2024.The Selloff: Five Percent Down on the Week, Everything RedBitcoin traded around $62,546 — down 2.1% over 24 hours and 4.9% on the week — sliding back toward the lower end of the range it has held all month. The selling was steep across the board. Ether dropped 3.7% to $1,661 for a 7.2% weekly loss. XRP fell 2.2% to $1.10, down 9.3% on the week. Solana lost 3.3% to $69. Dogecoin slid 9.8% over seven days. Hyperliquid's HYPE was the worst performer — down 8.8% on the day and 18.6% on the week to approximately $61, giving back a significant portion of its extraordinary 143% year-to-date gain. Tron was the rare outlier, up 3.7% on the week.The Driver: Semiconductor Stocks in FreefallThe pressure came from the same source as Tuesday. The Philadelphia Semiconductor Index fell 7.9% — with all 30 members declining — as Micron, Marvell, and On Semiconductor, each of which had more than doubled in 2026, led the drop. The selloff pulled the S&P 500 down 1.4% and the Nasdaq 100 down 3.3%. An attempted rebound in Asian chip stocks failed to hold Wednesday, with Taiwan Semiconductor falling more than 3%.The semiconductor selloff is not a narrow sector rotation — it is a fundamental reassessment of whether AI spending will generate the returns needed to justify the extraordinary valuations that have been assigned to the companies building AI infrastructure. Micron's earnings Wednesday evening will be the week's most direct test of that question: the company is expected to report $19.72 per share on $34.5 billion in revenue, and its guidance on high-bandwidth memory demand will be read as a real-time signal of AI capex health.The Offsetting Force: Oil Keeps FallingThe other half of the macro picture continues to move constructively. Brent crude slipped approximately 1% toward $76 per barrel as tanker traffic through the Strait of Hormuz became more visible following the US-Iran interim peace deal — concrete evidence that the Hormuz reopening is translating into actual oil flow normalization rather than remaining a headline without physical market impact. The dollar climbed to a seven-month high as investors moved toward safer assets, consistent with the risk-off FX configuration that has been building all week.The Record That Matters: $6 Billion in 30-Day ETF OutflowsThe crypto-specific signal sits in the fund flows. US spot Bitcoin ETFs have now seen a record 30-day net outflow of more than $6 billion — the largest since the products launched in January 2024 — which tx co-founder Mike McCluskey described as "sustained institutional de-risking by the same buyers that drove this cycle." Until those flows clearly reverse, McCluskey said, relief rallies are likely to hit a hard ceiling. The same institutional capital that created the demand flywheel driving Bitcoin from $40,000 to $126,000 is now the primary source of selling pressure.McCluskey described Bitcoin's stabilization in the low-to-mid $60,000s as a measured response to the Fed's hawkish turn — noting that given how hard such monetary shifts usually hit digital assets, the relative floor-holding has been more resilient than historical precedent would predict. That resilience is consistent with the structural accumulation signals that have been building throughout June — Glassnode's Accumulation Trend Score at 1.0 for weeks, 79% of supply in long-term holder hands, and 259,000 BTC net accumulated between $59,000 and $67,000 — but resilience in accumulation does not override the absence of institutional buying.Friday's $10.6 Billion Options ExpiryMcCluskey flagged Friday's Deribit options expiry as an additional variable, with approximately $10.6 billion in notional value set to expire at month-end. Nearly 80% of the open positions are currently out-of-the-money — worthless if they expire at current prices — clustered around a $60,000 put and an $80,000 call.The $60,000 put concentration makes that level less a price magnet and more a gauge of how stretched positioning has become on the downside. The fact that 80% of positions are already out-of-the-money removes some of the mechanical pressure that would otherwise accompany a concentrated options expiry — there are fewer delta-hedging flows needed from market makers when most contracts are already worthless. But the $60,000 level itself remains a real technical and psychological line that has already been tested once this month and will be watched closely as Friday's expiry approaches.The Macro Equilibrium: Pinned Between AI and IranBitcoin sits exactly where it has been all week — pinned between a sinking AI trade and an easing oil picture, holding above the $60,000 floor that has defined June but with limited upside catalysts while the institutional bid stays absent. Thursday's core PCE release is the last major scheduled catalyst before Friday's options expiry and month-end close. A soft reading could provide the macro relief that allows the accumulation signals to translate into price recovery. A hot print would validate the hawkish dot plot and bring the $59,000 Wintermute support level into active focus.

Brazil coach Carlo Ancelotti confirmed Neymar will be available to face Scotland at the 2026 World Cup and has options to replace the injured Raphinha, who is not expected to be fit for the match, according to Yahoo Sports. Brazil play Scotland at 23.00 BST on Wednesday in their final Group C game, sitting top of the group with four points after a 1-1 draw with Morocco and a 3-0 win over Haiti; La Gazzetta dello Sport reported Bournemouth’s 19-year-old Rayan is the favourite to start on the right wing, with Luiz Henrique, Gabriel Martinelli and Endrick also under consideration, and said Neymar is expected to be used as a false nine when he features.

UK bank stocks are positioned to catch up to the higher valuations of European peers in coming years, as they benefit from above-average profitability growth and stronger capital generation, according to Bloomberg, citing Berenberg analysts.

The European Union unveiled a new package on Wednesday to overhaul the bloc’s tax rules, as Brussels seeks to simplify taxes and reduce the regulatory burden on businesses, according to Bloomberg.

近100名天主教领袖和四个美国执法团体反对《CLARITY法案》的一项关键内容，警告称这可能会削弱打击人口贩运和加密货币犯罪的努力。随着反对声浪日益高涨，该法案在参议院投票前面临更大压力。

MoonPay 已收购人工智能会计初创公司 Entendre，旨在将业务范围从加密货币支付扩展至更广领域，并实现后台财务运营的自动化。

一名纽约男子因利用虚假Telegram账号实施加密货币诈骗，骗取超过140万美元，被判入狱15个月。他曾承诺支付质押奖励，但从未将资金投入使用，当局已追回大部分赃款。

诈骗分子正利用虚假的《GTA 6》网站，诱骗玩家为并不存在的抢先体验版下载支付加密货币。这些网站仿冒官方商店，收取约250美元的费用，且受害者无法追回损失。

根据周三发布的最新会员协议，预测市场平台Kalshi已将印度列入其受限司法管辖区名单，使其被封锁的地区总数增至55个。

币安联合创始人何毅关于一名涉嫌冒充者的警告，已演变为一场涉及加密货币衍生品交易所CoinUp的更广泛争议，这凸显了声誉之争在业内扩散之迅速。

谷歌正在支持人工智能初创企业（包括由前员工创立的企业），提供最高35万美元的云服务抵扣额度、技术指导以及使用其基础设施的权限，且不要求获得股权。

一名纽约律师正敦促一名州法官强制一名匿名原告披露其身份，此案性质特殊，涉及对约380万枚比特币的合法所有权主张，其中包括与比特币化名创始人中本聪相关的比特币。

韩国正将其“汉江计划”数字货币从测试阶段推进至实际的银行和支付系统中，包括政府层面的应用。各银行对此表示支持，但同时警告称，这将耗资巨大，并需要对系统进行重大升级。

尽管萨尔瓦多与国际货币基金组织达成了一项旨在停止进一步增持比特币的协议，但该国似乎仍在悄然扩大其比特币储备，这使得总统纳伊布·布克尔的比特币战略与该国国际贷款方之间的对峙局面日益尴尬。