According to Odaily Planet Daily, the South Korean government will implement a cryptocurrency tax as planned in January next year. The National Tax Service is currently drafting relevant notices, which are expected to be released soon along with a legislative announcement. Moon Kyung-ho, head of the Income Tax Division of the Ministry of Finance and Economy, stated that the National Tax Service has conducted several practical adjustments with five major cryptocurrency operators: Upbit, Bithumb, Coinone, Korbit, and Gopax. Under the current income tax law, starting January 1st next year, income from the transfer or lending of cryptocurrency assets will be classified as other income, and a comprehensive tax rate of 22% will be levied on income exceeding 2.5 million won, including a 20% income tax and a 2% local income tax. This policy will affect approximately 13.26 million investors.

According to Huoxun Finance, NanoVita officially announced on the X platform that, in order to significantly increase scarcity and create long-term value for every holder, the team has injected 99% of the total supply of $NANA into a black hole address and permanently destroyed it according to the protocol. Market data shows that $NANA reached a high of over $0.15, with a 24-hour increase of 80%. NanoVita is a decentralized science (DeSci) protocol that integrates nanotechnology, AI bio-intelligence, and real-world health data, aiming to build an open and transparent health research infrastructure.

Huoxun Finance reports that renowned trader Killa (@KillaXBT) recently admitted in an article that he entered a short position too early, without waiting for clear confirmation, violating his own rules. He stated that the short position is still open, but the stop-loss has been reset to $84,000. Although Killa is aware that this short position is likely to be hit at the stop-loss level, he still maintains his bearish view, believing that bear markets typically last 300-400 days, and only 212 days have passed so far, therefore the current period is still a window for position accumulation. Regarding the short-term market, Killa believes that low-leverage short sellers in the Bitcoin market have been shaken out, and there are a large number of long positions below. Currently, there is no clear bearish structure, so the short term is neither a good time to chase the market up nor to blindly short. A clear structure confirmation should be awaited. Killa is a quantitative trader specializing in BTC, who predicted the peak of this bull market in May 2025. He has over 180,000 followers on the X platform. In mid-April, he shorted Bitcoin at $74,688, and is currently experiencing a floating loss.

According to Odaily Planet Daily, Ark Invest, the fund managed by Cathie Wood, recently made a significant purchase of Robinhood (HOOD). Nick Grous, Research Director at Ark Invest, wrote in an article on X today that trading revenue is inherently cyclical and highly influenced by market conditions; focusing solely on this data will cause one to miss truly significant changes. Robinhood's most important story right now is its subscription service, Robinhood Gold, a mechanism that continuously pulls users deeper into the Robinhood ecosystem. As of the first quarter of this year, Gold's penetration rate among funded users reached 15.8%, and 40% of new users directly subscribed to Gold upon registration. In the long term, the increasing number of Gold-exclusive services will form a more stable, sustainable, and less susceptible to market sentiment-driven revenue base. This is the core story of Robinhood's evolution from a single brokerage platform to a "financial super app," and this flywheel is still in its very early stages. Previously, Robinhood's first-quarter earnings report released last month fell short of market expectations, causing its stock price to drop 13% in a single day. However, Ark Invest took advantage of the downturn to buy heavily, investing approximately $39.7 million to purchase over 550,000 shares of HOOD, which were then added to the three flagship funds ARKK, ARKW, and ARKF. Currently, the stock has become one of the top six holdings of these three funds, accounting for approximately 3%.

In the past hour, total liquidations across the network reached $11.24 million, with $1.31 million from long positions, with $9.93 million from short positions. BTC liquidation $4.80 million, ETH liquidation $1.06 million.