The son of hedge fund billionaire Alan Howard founded Halo Capital and has raised $25 million to invest in cryptocurrency projects

Odaily Planet Daily News: The Federal Reserve will release the minutes of its June meeting at 2:00 am tonight, which may reveal the internal "eagle dove battle" within the Fed. The key signal for the direction of the second half of the year is about to be revealed. (Golden Ten)

The OKX MAGIC/USDT perpetual funding rate is currently -1.01%, and bears need to pay funding fees to bulls, indicating a high bearish sentiment in the market. AiCoin [PC - Home - Popular Rankings] has launched the "Fund Rate" ranking, which provides a list of rate arbitrage opportunities. Capital fees are an important mechanism for anchoring spot prices in perpetual contracts, used to balance long and short sentiment. When the funding rate is greater than 0, long positions pay funding fees to short positions; When the funding rate is less than 0, short sellers pay funding fees to long sellers.

Japanese national chain clothing brand Mac House announced its specific cryptocurrency investment plan on July 9th, planning to purchase Bitcoin (BTC) starting from September 17th, 2025. The investment strategy will mainly adopt the "dollar cost averaging method" with regular fixed amounts, while flexibly adjusting the timing and amount of purchases in the event of a significant market downturn. The funding for this investment comes from a third-party targeted capital increase completed by the company on June 19th, with a fundraising scale exceeding expectations. On the basis of the originally planned investment of 800 million yen, an additional 915 million yen was added, bringing the total investment amount to 1.715 billion yen. The main investor of this capital increase, EVO FUND, has previously supported multiple Japanese companies in implementing Bitcoin vault strategies, including MetaPlanet and Remixpoint. Previously, Japanese clothing chain brand Mac House announced its entry into the Bitcoin mining field.

The current price of ETH is $2626.71, with a 3.09% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 24 hours was 101 million US dollars, with the main liquidation being short orders and ETH liquidation being 27.15 million US dollars (26.77%). The data is for reference only.

The South Korean Ministry of Finance recently interpreted that the acquisition cost of encrypted assets obtained through participating in blockchain verification (i.e. verification rewards) should be calculated based on the market price at the time of acquisition. On July 9th, the Ministry of Finance stated in its response to the National Tax Law Information System that if domestic enterprises cooperate with foreign platforms to participate in the verification and generation of new encrypted assets and receive rewards, the value of these assets must be based on the market price at the time of acquisition. This verification reward usually occurs in PoS networks, where users participate in block verification by pledging encrypted assets and receive additional encrypted assets as compensation. The Ministry of Finance pointed out that the valuation of such assets should follow the relevant provisions of the Implementation Order of the Corporate Tax Law, and should be judged based on specific contract terms and asset generation methods.