4(4) Regular Invest

Japanese and South Korean stock markets plunged sharply in early Tuesday trading, with the Nikkei 225 down over 4% and the KOSPI index tumbling 8%, triggering a circuit breaker. The sell-off was led by semiconductor and equipment stocks like Tokyo Electron, Kioxia, Samsung Electronics, and SK Hynix, the latter dropping as much as 30%. The primary driver is mounting investor concern over the sustainability of the AI boom. Worries intensified following news related to Nvidia's major AI supply agreements and rising debt insurance costs. Analysts point to fears over excessive capital expenditure, crowded trades in AI-related stocks, and high corporate debt levels. Market sentiment has soured ahead of key earnings reports from major tech firms, including Meta and SK Hynix. While SK Hynix is expected to post record results, its recent 38% price drop from June highs reflects deep skepticism about whether AI infrastructure spending can maintain its pace and deliver returns. The sell-off appears more driven by a sharp deterioration in sentiment than by immediate fundamental changes.

The price of the anonymous cryptocurrency ZEC ($ZEC) has risen by approximately 4% following the official deployment of the Zcash Ironwood network upgrade. This update introduces an officially verified shielded pool and a "turnstile" mechanism aimed at ensuring supply integrity. Grayscale noted that its Grayscale Zcash Trust (ZCSH) remains the sole pure-play investment vehicle for ZEC available through certain US brokerage accounts. The upgrade strengthens the core privacy-focused infrastructure of Zcash. This positive market reaction coincides with ZEC's earlier technical breakout from a descending triangle pattern in early 2026, with momentum extending into subsequent quarters. If bullish momentum persists into August, ZEC could test resistance near $550 and then $636. Conversely, key support lies at $450; a break below could push the price toward $411, where the 200-day EMA aligns, with a further decline to $300 possible if both levels fail.

Iran launched a "sudden strike" with ballistic missiles targeting a US base near Jordan's Muwaffaq Salti Air Base on July 28. US Central Command reported all missiles were intercepted by Patriot air defense systems, with no casualties. Iran claimed the attack was retaliation for perceived US actions against its interests. This strike broke a brief ceasefire that began after President Trump paused offensive operations against Iran days earlier. The attack triggered immediate financial market reactions. WTI crude oil prices surged nearly 4% to $83.08 per barrel, while Brent crude rose to $87.34. US stock index futures also saw gains as traders priced in renewed Middle East risks. This price jump reversed a significant portion of the oil price decline that followed the initial ceasefire announcement. Bitcoin's price movement mirrored this volatile cycle. It had recovered to around $65,200 as oil prices fell during the ceasefire, but dropped back to the $63,600-$63,800 range following news of the missile strike. While Bitcoin has shown some resilience compared to purely risk-on assets during the conflict, the July 28 attack directly challenged the "truce" narrative that had supported its recent stability. The pattern of price declines following escalations and recoveries during pauses has become familiar since the conflict began in February.

The cryptocurrency ETF market saw a reversal on July 29th. Bitcoin ETFs ended a four-day outflow streak, posting a net inflow of $32.11 million, largely driven by BlackRock's IBIT fund which attracted $89.83 million. This offset outflows from other major Bitcoin ETFs. Meanwhile, Solana ETFs rebounded with a $19.06 million inflow, primarily into Morgan Stanley's new staking-supported MSOL ETF, after significant outflows the previous day. Ethereum ETFs faced renewed pressure, however, with a net outflow of $18.65 million despite some inflows to new staking products. XRP ETFs saw a modest recovery. Conversely, $HYPE ETFs extended their losing streak to five days with further outflows. The data suggests a selective market: Bitcoin regaining support, Solana rebounding, and staking products attracting interest, while Ethereum and $HYPE faced continued selling pressure.

Ripple's stablecoin RLUSD has expanded its presence by securing listings on the four largest cryptocurrency exchanges in South Korea. Upbit and Bithumb recently completed the expansion, joining Coinone and Korbit, which had listed the stablecoin earlier. This provides RLUSD with the broadest access to one of the world's most active digital asset markets, allowing traders to access it directly against the Korean Won (KRW), Bitcoin (BTC), and Tether (USDT). Ripple's senior vice president for stablecoins highlighted the move, noting it offers regulated, fully-reserved access for institutional and retail investors. Beyond exchange listings, Ripple is promoting RLUSD for use in payments and institutional settlements. The stablecoin is backed by a reserve of cash deposits, U.S. Treasury securities, and other cash equivalents, with monthly attestations. RLUSD is available on multiple blockchains, including the XRP Ledger, Ethereum, and several EVM-compatible networks.