cati

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 19, up 5 points from yesterday. The average over the past 7 days is 12, and the average over the past 30 days is 20.

As India's tax enforcement intensifies, cryptocurrency investors face stricter reporting and compliance requirements in the 2026 tax season, with incorrect declarations potentially triggering fines and audits. Reports indicate that under current rules, cryptocurrency gains are still subject to a 30% uniform capital gains tax, and a 1% Tax Deducted at Source (TDS) is levied on transactions exceeding a certain amount, while losses cannot be offset across assets. The new Income Tax Act (2025) came into effect on April 1, 2026, but the core tax framework remains largely unchanged.In terms of reporting, investors must fill out a dedicated Schedule VDA section in the ITR-2 or ITR-3 forms and are required to record each transaction individually, including all operations such as trading, exchanging, transferring, and clearing, rather than just summarizing gains. The report emphasizes that regulatory focus has clearly escalated. The Indian tax authorities will directly obtain user-level transaction data through trading platforms, custodians, and wallet service providers, and will automatically cross-check this with reported information; discrepancies will trigger system flags and audits.Data shows that the Indian tax authorities have issued over 44,000 notices and discovered approximately 88.8 billion rupees (about 930 million USD) in unreported virtual asset income. Meanwhile, the tax department is enhancing its tracking capabilities by combining on-chain analysis tools with international data-sharing mechanisms. Additionally, starting in 2027, India will align with the OECD cryptocurrency reporting framework to achieve automatic exchange of cross-border transaction data, and overseas exchange holdings will gradually come under regulatory scrutiny.Analysis points out that common errors include misuse of reporting forms, omission of airdrop and staking income, and failure to correctly match 1% TDS records, among others. The report emphasizes that cryptocurrency tax compliance is shifting from "post-reporting" to "real-time traceability," and investors need to strengthen year-round record management.

According to SEC filings, the U.S. Securities and Exchange Commission has recently officially approved T. Rowe Price's application for a rule change to list the T. Rowe Price Active Crypto ETF on NYSE Arca. NYSE Arca submitted the rule change application as early as November 2025 and received final approval after two revisions.The ETF aims for long-term capital appreciation and will normally hold 5 to 15 types of crypto assets. As of the date of the application submission, the qualified assets identified by the sponsor include: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, Cardano (ADA), Avalanche (AVAX), Litecoin (LTC), Polkadot (DOT), Dogecoin (DOGE), Hedera (HBAR), Bitcoin Cash (BCH), Chainlink (LINK), Stellar (XLM), Shiba Inu (SHIB), and Sui (SUI).In addition, the fund may also hold USDC as operational funds to pay fees and purchase assets, but it will not be used as an investment target.

The liquid staking protocol Stader Labs announced that it will gradually shut down its Polygon liquid staking token MaticX. As of today, MaticX has stopped accepting new deposits and has fully transitioned to a "claims-only" status.At the same time, the official application front end for MaticX will be officially taken offline on August 3, 2026. Before this date, users can still redeem instantly at a fixed exchange rate through the dApp; after the front end closes on August 3, users can continue to claim their MATIC assets directly through the Etherscan contract page for three years until August 3, 2029.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 14, up 1 point from yesterday. The average over the past 7 days is 11, and the average over the past 30 days is 21.

Bitget Wallet announced regarding the tokenized IPO subscription for SpaceX that, due to unforeseen market factors, the tokenized shares from this IPO cannot be issued to users. Bitget Wallet will fully refund users in USDT to the Solana addresses registered at the time of subscription tonight, covering the principal amount and a 5% handling fee.Bitget Wallet also stated that it will continue to expand its tokenized stock IPO business in the future. The addresses of users who participated in this subscription will automatically be whitelisted, enjoying priority subscription rights for future tokenized IPOs.In addition, as compensation, the platform will airdrop GetGas worth 10 USDT to each participating address, which can be used to offset stock trading gas fees for the next month.

According to crypto KOL @_FORAB and feedback from several users participating in the xStocks (Kraken's tokenized stock platform) SpaceX IPO, the actual allocation received was far below expectations. Users reported that most only received about 4.2786 SPCXx (tokenized stock of SpaceX), which was approximately $600 at the time of pricing. Some users have already received refund notifications from Kraken and were charged a $600 fee.Previously, xStocks opened the channel for users to participate in the SpaceX IPO, promising real share allocation. However, due to the overall compression of retail quotas for this SpaceX IPO and demand far exceeding supply, the actual allocation through the xStocks channel was significantly reduced, leading to widespread dissatisfaction in the community. As of the time of publication, xStocks has not yet made a formal statement regarding this reduction in allocation.

Kraken employee Nata posted an explanation for why the SpaceX Pre-IPO orders were only partially fulfilled: global demand far exceeded the allocation limits set by underwriters, and the unmet portion will be fully refunded without any charges.ChainCatcher previously reported that Kraken employee Nata stated that the subscription limit for SpaceX tokenized stock (SPCX) on the xStocks platform "was much less than expected and was significantly reduced," adding a note to "cancel hedging." Currently, Kraken has not issued an official statement on this matter.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 13, an increase of 0 points from yesterday. The average for the past 7 days is 10, and the average for the past 30 days is 22.

The US stock market weakened overall due to geopolitical risks and a high-level correction in technology stocks, while the optical communication sector showed resilience against declines. According to CoinGlass data, Coherent (COHR) is currently priced at $360.06, with a daily increase of 1.21%, and the total contract open interest across the network reached $8.9669 million, with approximately $843,300 in contract open interest on the Gate platform, ranking third in the network. In addition, Lumentum (LITE) is currently priced at $865.82, with a daily increase of 5.86%, and the total contract open interest increased by 29.17%, with approximately $777,000 in contract open interest on the Gate platform, also ranking among the industry leaders.

According to market news, Japan is reclassifying cryptocurrencies as financial instruments under the Financial Instruments and Exchange Act, similar to the framework for stocks and bonds. The House of Representatives has passed the bill. It lowers the tax rate on cryptocurrency gains from a maximum of 55% (miscellaneous income) to a unified 20% capital gains tax rate and opens the door for cryptocurrency ETFs, with related regulations set to take effect in 2027.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 13, up 3 points from yesterday. The average over the past 7 days is 10, and the average over the past 30 days is 23.

The globally leading digital asset trading platform Gate collaborates with the University of Wollongong in Dubai to host an online Web3 workshop. Through industry sharing, career development exchanges, and simulated trading practices, the workshop provides students with an open course focused on the cutting-edge developments in blockchain and the digital economy.During the event, the Gate team shared insights on topics such as the basics of blockchain, the integration trends of AI and blockchain, industry talent demands, and career development paths. They also introduced the current state and future opportunities of the digital asset industry in conjunction with real business scenarios. In the interactive exchange session, students actively asked questions about industry trends, innovations in digital payments, and career planning, receiving a positive response from the audience. In the simulated trading competition, students experienced the operational mechanisms of the digital asset market through practical exercises, combining classroom knowledge with real-world operations.This collaboration not only provides students with opportunities to engage with cutting-edge technology and industry practices but also further promotes the communication and connection between higher education and industry demands. As a leading platform in the industry, Gate continues to foster communication and collaboration between academia and industry. Its founder and CEO, Dr. Han, has also been invited multiple times to visit campuses to share insights on blockchain, industry innovation, and trends in the digital economy. By deepening the integration of industry and education practices, Gate is injecting more youthful energy into the long-term innovative development of Web3 and the digital economy.

According to Jinshi reports, the Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region, Xu Zhengyu, stated that two licensed stablecoin issuers participated in the central bank digital currency and tokenized deposit-related projects led by the Monetary Authority. The Monetary Authority will continue to follow up, urging institutions to implement relevant application scenarios and explore more applications of compliant stablecoins in the digital finance sector.In addition, the Monetary Authority has established the Ensemble project framework working group to promote the construction of local unified standards and achieve interoperability between central bank digital currency and tokenized assets.

According to official news, Gate will launch the perpetual contract trading for ZM (Zoom Communications), DKNG (DraftKings), RIVN (Rivian), GME (GameStop), EWZ (iShares Brazil Index ETF), and EBAY (eBay) on June 10 at 17:00 (UTC+8), with USDT settlement and supporting 1-20x leverage.

Tom Lee, Chairman of BitMine, the largest treasury in Ethereum, stated in an interview with CNBC that the current market is showing signs of tension, mainly due to the reallocation of funds ahead of the SpaceX IPO and the market digesting previous gains. The SpaceX IPO is expected to reach $75 billion and will be included in the Nasdaq 100 index, which means many institutional funds need to raise capital in advance, not only to participate in the IPO but also to reserve cash for establishing sufficient weighted positions in the secondary market after the listing. He believes this means institutions may sell some stocks that have recently risen significantly, putting pressure on chip stocks.Tom Lee believes that storage chip stocks and the semiconductor sector have still held their lows from last Friday, indicating that the relevant charts have not completely broken down. The current pullback is healthy and he does not believe it will disrupt the main trading line of tech stocks. The trading performance on the first day of SpaceX's listing is very important. If SpaceX performs poorly, it will provide evidence for those who believe the market has peaked. However, he stated that since many people already think the SpaceX IPO marks a peak, from a contrarian perspective, this may not be the peak.Tom Lee still believes that tech stocks will continue to lead the market upward and stated that the current pullback will be bought. He expects the market to still show a "three-phase" trend this year, with a strong upward trend continuing in the foreseeable future, but a pullback may occur later this year, potentially around the time the IPO lock-up period expires and related supply pressures arise. The subsequent second phase market pullback may be driven by three factors: the market's testing of the policy path of the new Federal Reserve Chairman Kevin Warsh, stock supply from the expiration of large IPO lock-up periods, and potential energy shortage pressures that may arise later this year.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 10, up 1 point from yesterday. The average over the past 7 days is 10, and the average over the past 30 days is 24.

The National Internet Emergency Center (CNCERT) stated that some skill packages for large models are being disseminated under names like "large model jailbreak" and "mining for profit," which are used to bypass model security restrictions or induce users to perform mining operations.The report specifically names Skill "godmode," which achieves jailbreaking through methods such as replacing system prompts and input obfuscation, potentially leading to the generation of illegal content, triggering service bans for large models, and risks of privacy leakage; Skill "Bonero-Miner" guides users to download mining programs to mine the anonymous Bonero coin, posing risks of being involved in money laundering and economic losses due to high device load.CNCERT advises individuals and enterprises to obtain Skills only from official channels, strictly control permissions and access whitelists, and regularly clean up suspicious components.