Korean National Tax Service: Residents Must Declare Comprehensive Income Tax for Receiving Virtual Assets as Service Remuneration from Overseas Companies

On July 9th, according to the monitoring of on-chain data analyst Yingxin, since July 6th, the investment fund of the 1inch team has spent a total of 4.4 million US dollars to purchase 22.99 million 1INCH tokens, resulting in a 14% increase in 1INCH ($0.18 → $0.206). Yesterday, the investment fund of the 1inch team transferred 3 million USDC to Binance. Then, 3 hours ago, it reclaimed 4.746 million 1INCH tokens (approximately $962,000). The address for reclaiming the 1INCH tokens has not been fully bought out yet, indicating that their buying behavior may still be ongoing. During this period, the investment fund of the 1inch team has spent a total of 6.648 million US dollars to buy 33.19 million 1INCH tokens, with an average price of $0.20.

On July 9th, as per the monitoring of Onchain Lens, a whale address sold 69.07 WBTC (approximately $7.49 million) and used the proceeds to purchase 2881 ETH at an average price of $2600.

On July 9th, based on market data, BR witnessed a short-term sharp decline of 53% and is currently priced at $0.0595. According to the @pandajackson42 data dashboard, on July 8th, the trading volume of Binance Alpha was $433 million, and the trading volume of BR reached $282 million, accounting for 65.12% of the daily trading volume of Alpha.

On July 9th, Glassnode announced on social media that currently the majority of wallet cohorts are in a selling state. Specifically, retail investors holding 1 to 10 BTC are in this situation. However, a remarkable exception is that large entities holding 1000 to 10000 BTC are demonstrating a nearly perfect accumulation trend. This divergence clearly shows a significant difference in beliefs between large and small holders.

On July 9th, as per official information, the trading of CADE (RCADE) on Binance is set to commence on July 9, 2025, at 20:00 (UTC+8). Qualified users will be able to utilize Alpha Points to claim an airdrop of 8000 RCADE tokens on the Alpha activity page within 24 hours following the start of trading. The Alpha airdrop will be distributed in two stages: Stage One (first 18 hours): Users who hold at least 210 Alpha Points are eligible to claim the airdrop. Stage Two (last 6 hours): Users with at least 120 Alpha Points can participate in the second-phase airdrop on a first-come, first-served basis until the airdrop pool is depleted or the event concludes. It should be noted that claiming the airdrop will consume 15 Alpha Points. Users must confirm their claim on the Alpha activity page within 24 hours; otherwise, it will be regarded as forgoing the airdrop.

On July 9th, Bitget made an announcement that it has officially become the first cryptocurrency industry sponsor of the European music festival UNTOLD. It will be present at this year's 10th-anniversary celebration "UNTOLD X" in Romania in August and also participate in a special event in Dubai at the end of the year. This cooperation marks a significant milestone for Bitget in integrating Web3 with mainstream culture. After forging partnerships with La Liga and MotoGP, Bitget continues to introduce cryptocurrency assets into globally recognized cultural arenas, crafting an immersive Web3 experience.