Binance is looking for a new EU licensing path after withdrawing its MiCA licence application in Greece shortly before its current permission expires. The exchange now faces an authorization deadline as it prepares to apply in another EU member state. The move comes as the MiCA transition period approaches its end, tightening the timeline for firms operating without full approval.

Gold fell below $4,000 an ounce, sliding to a low of $3,964 an ounce, its lowest level since November, while silver also came under pressure. The drop followed a stronger U.S. dollar and rising expectations that the Federal Reserve will keep interest rates high. The stronger dollar has reduced the appeal of dollar-priced precious metals for overseas investors.

U.S. chipmaker Micron Technology reported fiscal third-quarter revenue of $41.46 billion, up fourfold from a year earlier, and adjusted EPS of $25.11, both well above expectations. The company said it has signed 16 long-term supply agreements that secure about $22 billion of revenue commitments over the next three to five years, while gross margin rose to 84.9%. Japanese and South Korean equities rallied on the news, with the Nikkei 225 up 3.78% in early trade and the Kospi gaining 5.22%, as investors bought AI- and chip-linked stocks.

The U.S. and Iran have reached an initial peace deal, prompting stranded tankers to leave the Strait of Hormuz and pushing Brent crude down 1.8% to $72.4 a barrel, back to pre-Iran war levels. As the world’s No. 3 oil importer, India has seen its inflation and growth outlook improve, lifting GIFT Nifty futures and signalling a higher open for the Nifty 50. Asian equities climbed 1.3%, while strong chip stocks further boosted risk appetite.

On June 25, COMEX gold fell to $3,999 an ounce, slipping below the $4,000 level, while COMEX silver dropped 1.77% to $57.06 an ounce. The move followed a broad rally in the US dollar index to a 13-month high, while markets priced in as many as three additional Federal Reserve rate hikes this year, with elevated odds for September, raising the opportunity cost of holding non-yielding assets. Investors are awaiting US data including the PCE price index and GDP for clues on the policy path.

Micron Technology (NASDAQ: MU) reported a standout fiscal third quarter as AI-related memory demand lifted revenue to $41.46 billion and adjusted earnings to $25.11 per share. Those results exceeded analyst expectations of $35.84 billion in revenue and $20.78 in adjusted EPS, according to estimates tracked by London Stock Exchange Group (LSE: LSEG). Micron shares jumped 15% in after-hours trading.

The dollar index (DXY) rose to a 13-month high of 101.8, while the euro fell below 1.133 and the yen moved close to a 44-year extreme versus the dollar. Gold slid to a seven-month low below $4,000 an ounce, and Brent crude was pressured by easing geopolitical tensions and a firmer dollar. The moves were driven by a market repricing of the chance of a Federal Reserve rate hike in October and a sharp widening in U.S. Treasury yields, including a 27-basis-point rise in the 2-year yield. Inflation expectations also shifted after the Iran war.

Waterways Leisure Tourism’s IPO moved into its third day of bidding after the issue was 51% subscribed by the end of Day 2. Retail demand led the book, with that portion subscribed 2.34 times, while the QIB tranche had no bids. The grey market premium stood at ₹5, implying a potential listing gain of around 0.6%.