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K suppliers buzz as government, Samsung, SK Hynix unveil 800 trillion won plan for second chip cluster

South Korea\'s semiconductor materials, parts and equipment sector is drawing attention after the government, Samsung Electronics and SK Hynix unveiled an 800 trillion won investment plan for a second semiconductor cluster in the southwest. The government is pushing three mega projects centered on semiconductors, physical AI and AI data centers. It expects early benefits for infrastructure and process equipment orders and aims to link production in the southwest with supplier bases in the southeast and Daegyeong regions.

Crypto

Tether adviser cites speculative industry structure as key reason bitcoin lags

A Tether adviser said bitcoin’s failure to return to record highs reflects speculative noise and a weak product structure inside the crypto industry, not technical limits. He said value is leaking from bitcoin as markets prioritise click-driven, short-term derivatives over infrastructure and distribution. While U.S. stocks and gold hit records, bitcoin remains below its peak. He also pointed to supply pressure, citing a model showing net inflows worsening and a cumulative balance falling to -154,169 BTC after an October 2025 high.

Crypto

Can cryptocurrencies and traditional finance converge? Glassnode analysis report

Crypto analytics firm Glassnode released a report on June 29 assessing whether digital assets and traditional finance can converge, CoinPost reported. Glassnode said on-chain signals show a clear rotation of bitcoin holders since the second half of 2025, with long-term holders selling into rising prices and supply shifting to new participants at a record scale. It said funds remain on standby, while private banks face operational challenges despite a potential structural opportunity.