In the past hour, total liquidations across the network reached $10.06 million, with $3.00 million from long positions, with $7.05 million from short positions. BTC liquidation $3.22 million, ETH liquidation $1.80 million.

According to Odaily Planet Daily, Kraken has submitted 56 million cryptocurrency transaction forms to the U.S. IRS for the 2025 tax year. Approximately 18.5 million of these forms involve transactions under $1, and more than half involve transactions under $10. Data shows that only 8.5% of 1099-DA forms exceed $600, and 74% involve transactions under $50. Kraken stated that due to the lack of micro-tax exemptions, cryptocurrency payments and staking rewards incur tax liabilities upon receipt, increasing the reporting burden on investors. Kraken proposes that Congress pass a broad inflation-linked micro-tax exemption policy and allow taxpayers to choose when to pay their staking rewards.

Odaily Planet Daily reports: An Iranian Foreign Ministry spokesperson stated that the naval blockade of Iranian ports continues, and this is an aggressive measure. (Jinshi)

According to Odaily Planet Daily, CHIP broke through $0.11 in pre-market trading and is currently trading at $0.1155, with a daily increase of over 127%.

Google (GOOG.O) has unveiled a range of tools designed to build AI agents to help businesses automate tasks. At its annual conference in Las Vegas on Wednesday, Google's cloud computing division showcased a suite of tools capable of creating AI agents and tracking their work within the company. These included an inbox specifically designed for virtual bots so they can post messages and work progress reports. Google also updated its Workspace suite and presented a vision that AI agents will revolutionize the daily workflows of ordinary employees. (Jinshi)