Bitcoin (BTC) started the week by reaching $123,000 and has since been on a continuous decline. As of today (17th), the Asian early session reports around $118,442. The Bitcoin daily chart has just flashed its first clear bearish signal since early May, forming a bearish engulfing candlestick pattern, reinforced by a shooting star candlestick pattern.

Floki (FLOKI), Bonk (BONK), and Curve DAO (CRV) achieved double-digit pump, becoming the top three crypto assets with the highest pump in the past 24 hours. From a technical perspective, as the bullish momentum strengthens, the pump is expected to continue.

Chainlink (LINK) continues its upward trend, reporting at 16.55 USD in the Asian early session today (17). Approaching the key resistance level of 17.39 USD, it forms a clear bullish structure. After recovering the median range of 15.90 USD, LINK continues to create new lows and new highs, indicating that long positions are steadily buying in.

Written by: FinTax

During this discussion, the global regulatory compliance heat for crypto assets continues to rise, with countries increasingly strengthening the exchange and tracking of tax information related to on-chain assets, overseas accounts, and cross-border transactions. In this session, Calix and William combined their cross-border tax practical experience and on-chain business backgrounds to discuss hot topics such as global tax compliance for crypto assets, tax arrangements, and regulatory games. The two discussants also shared their visions for an ideal Web3 tax system for the future, and discussed the tax logic in various scenarios such as exchange compliance, DeFi, mining, and airdrops, supported by real cases.

Who should cross-border income be taxed to?

Calix: William, I would like to first ask a "soul question." You usually engage in mining as well, and the company sometimes distributes bonuses in the form of cryptocurrency. For income like this, how do you typically

Dogecoin broke out above $0.16 within its wedge structure, repeating past rallies that reached $0.20 and $0.45 with clean symmetry.
DOGE reclaimed $0.20040 after completing a cup and handle formation backed by $10.74M in volume, now targeting $0.24 next.
With

XRP has surged past $3 due to unprecedented coin burn rates, permanently removing tokens from circulation. Enhanced network activity and Ripple's RLUSD launch have sparked renewed investor interest, bolstering expectations of a potential rise to $4 amidst a strategic scarcity initiative.

> Very few CEOs can navigate difficult times with such ease.

Written by: Jingyu
Source: Geek Park

The last foreigner to cause a huge sensation in China by wearing a Tang suit was Michael Tyson's former manager, Don King. After more than twenty years, the second is Nvidia founder Jensen Huang. Given Huang's current status in the tech industry, it may even surpass that of Tyson during his peak in the boxing world.

On July 16, Beijing time, at the "Chain Expo" held in Beijing, Huang Renxun, who visited China for the third time in a year, changed out of his leather jacket and donned a traditional Tang suit to give a speech, which was different from his previous appearance in a suit when he met with senior executives three months ago.

"I look quite handsome in Tang suit, it's a gift from someone else."



In the media interview on the afternoon of the 16th

Amazon and SpaceX launched 24 Kuiper satellites, increasing Amazon's broadband constellation to 78. With plans for over 3,200 satellites, Amazon aims to enhance connectivity globally, despite being in competition with SpaceX's Starlink.

The Trump Media & Technology Group (TMTG), affiliated with U.S. President Trump’s family, has been active recently on its social platform Truth Social, demonstrating its ambition to transform into a comprehensive digital ecosystem. On July 16, TMTG submitted documents to the U.S. SEC indicating plans to integrate AI features into Truth Social, and has officially applied to the U.S. Patent and Trademark Office for the trademarks "Truth Social AI" and "Truth Social AI Search." This initiative not only signifies that Truth Social will upgrade from a simple social platform but also aims to transform it into a one-stop digital ecosystem that integrates "reliable information, non-woke news, and entertainment."

Arbitrum (ARB) is currently reported at 0.4368 USD in the Asian early session today (17), with the price slightly below a key trend line that has suppressed its movement for over a year. With the integration of the PYUSD stablecoin bringing fundamental Favourable Information, traders are closely watching for new breakout potential and reassessing the target price of 2 USD.

Ethereum is showing signs of a strong bullish trend, with the famous cryptocurrency analyst Kaleo (@CryptoKaleo) predicting what he calls the "God candle" ( could push ETH above the $4,000 mark in the coming days. In a post on X, Kaleo wrote: "The God candle will rise above 4.0

Toncoin (TON) followed Bitcoin and the market in a Rebound, temporarily reporting at 3.16 USD today (17) during the Asian morning session. After the Tac Mainnet launch on Tuesday, over 1 billion Telegram users will be able to interact directly with decentralized applications (DApp) on the Ethereum Virtual Machine (EVM) within the messaging app. This new feature drops the technical barrier for mainstream users and is expected to promote the popularity of DApps and capital inflow into the TON network.