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On July 14, the UK HM Revenue and Customs (HMRC) classified cryptocurrency lending and liquidity pools as 'no gain, no loss' transactions, thereby deferring the payment of capital gains tax until actual disposal. This policy will take effect in April 2027 and is expected to affect approximately 700,000 people.

[UK HMRC Classifies Crypto Lending and Liquidity Pools as 'No Gain, No Loss' Transactions]On July 14, the UK HM Revenue and Customs (HMRC) classified cryptocurrency lending and liquidity pools as 'no gain, no loss' transactions, thereby deferring the payment of capital gains tax until actual disposal. This policy will take effect in April 2027 and is expected to affect approximately 700,000 people.

UK HMRC Classifies Crypto Lending and Liquidity Pools as 'No Gain, No Loss' Transactions

On July 14, BofA's latest report indicated that the market is overly optimistic about the expansion commitments of South Korean memory giants. Regarding the slogan 'double capacity by 2030' shouted by South Korean President Lee Jae-myung, BofA estimated that, after accounting for capacity losses due to the closure of old plants for technology upgrades and the transition to more advanced processes, the actual annual expansion rate will be below 10%, and by 2030 it will be far from the doubling level.

[BofA: S. Korea's Memory Capacity Annual Expansion Expected Below 10%, Far Short of 2030 Double Target]On July 14, BofA's latest report indicated that the market is overly optimistic about the expansion commitments of South Korean memory giants. Regarding the slogan 'double capacity by 2030' shouted by South Korean President Lee Jae-myung, BofA estimated that, after accounting for capacity losses due to the closure of old plants for technology upgrades and the transition to more advanced processes, the actual annual expansion rate will be below 10%, and by 2030 it will be far from the doubling level.

BofA: S. Korea's Memory Capacity Annual Expansion Expected Below 10%, Far Short of 2030 Double Target

On July 14, Flap, a token launch platform that has been listed on Robinhood Chain, tweeted that it has introduced a 2% purchase limit per wallet for no-transaction-tax tokens during the bonding curve phase. Flap stated that this move aims to achieve a fairer token distribution. Additionally, token developers have no cap on their first purchase, and all sales are unlimited. If the token 'graduates', the 2% purchase limit will be lifted, and the token can be traded normally on DEX.

[Flap Introduces 2% Purchase Cap per Wallet During Bonding Curve Phase for Zero-Tax Tokens]On July 14, Flap, a token launch platform that has been listed on Robinhood Chain, tweeted that it has introduced a 2% purchase limit per wallet for no-transaction-tax tokens during the bonding curve phase. Flap stated that this move aims to achieve a fairer token distribution. Additionally, token developers have no cap on their first purchase, and all sales are unlimited. If the token 'graduates', the 2% purchase limit will be lifted, and the token can be traded normally on DEX.

Flap Introduces 2% Purchase Cap per Wallet During Bonding Curve Phase for Zero-Tax Tokens

July 14, according to US media Semafor, a White House official said that Trump is 'very serious' about his plan to impose a 20% transit fee on goods passing through the Strait of Hormuz, a plan he has been pushing for months. Trump has long been interested in imposing a transit fee, questioning his administration in April 'why not' do so, and threatening to impose the fee in June if an agreement with Iran was not reached within 60 days. But Trump does not always put his ideas into practice, and until this week, he had refused to formally announce the plan – partly due to opposition from within his inner circle. 'This has always been something he wanted to do, but some people tried to persuade him to give it up,' the White House official said. 'For him, it has always been his instinctive decision, and he just came back to it.' It remains unclear how this fee system, linked to a restart of the maritime blockade of the strait, would work, nor whether the US has even consulted with Gulf states on the matter. According to the official, the details of the plan are still being finalized.

[White House Says Trump 'Very Serious' About 20% Transit Fee Plan]July 14, according to US media Semafor, a White House official said that Trump is 'very serious' about his plan to impose a 20% transit fee on goods passing through the Strait of Hormuz, a plan he has been pushing for months. Trump has long been interested in imposing a transit fee, questioning his administration in April 'why not' do so, and threatening to impose the fee in June if an agreement with Iran was not reached within 60 days. But Trump does not always put his ideas into practice, and until this week, he had refused to formally announce the plan – partly due to opposition from within his inner circle. 'This has always been something he wanted to do, but some people tried to persuade him to give it up,' the White House official said. 'For him, it has always been his instinctive decision, and he just came back to it.' It remains unclear how this fee system, linked to a restart of the maritime blockade of the strait, would work, nor whether the US has even consulted with Gulf states on the matter. According to the official, the details of the plan are still being finalized.

White House Says Trump 'Very Serious' About 20% Transit Fee Plan

On July 14, according to Bit.com market data, the US stock semiconductor equipment sector recovered pre-market, with: Applied Materials (AMAT) up 3.41%; Onto Innovation (ONTO) up 2.23%; Lam Research (LRCX) up 3.06%; KLA Corporation (KLAC) up 2.74%; Teradyne (TER) up 3.03%; Entegris (ENTG) up 2.00%.

[US Stock Semiconductor Equipment Sector Recovers Pre-Market, AMAT Up 3.41%]On July 14, according to Bit.com market data, the US stock semiconductor equipment sector recovered pre-market, with: Applied Materials (AMAT) up 3.41%; Onto Innovation (ONTO) up 2.23%; Lam Research (LRCX) up 3.06%; KLA Corporation (KLAC) up 2.74%; Teradyne (TER) up 3.03%; Entegris (ENTG) up 2.00%.

US Stock Semiconductor Equipment Sector Recovers Pre-Market, AMAT Up 3.41%

On July 14, according to the official announcement, Huobi HTX officially launched the BTC VIP Current product. Users with Prime level 5 and above can enjoy up to 1% annualized yield. Additionally, the USDT VIP Current product has been launched, offering up to 9% annualized yield. Huobi Earn VIP Current is an exclusive high-yield current product launched for users with Prime level 5 and above, combining exclusive customization, high yield, and high liquidity. Users can log in to the Huobi HTX APP, enter the 'Earn' section on the homepage, type 'BTC' in the search box, and select 'VIP Current' to participate.

[Huobi Earn Launches BTC VIP Current Product, Participants Can Enjoy Up to 1% Annual Yield]On July 14, according to the official announcement, Huobi HTX officially launched the BTC VIP Current product. Users with Prime level 5 and above can enjoy up to 1% annualized yield. Additionally, the USDT VIP Current product has been launched, offering up to 9% annualized yield. Huobi Earn VIP Current is an exclusive high-yield current product launched for users with Prime level 5 and above, combining exclusive customization, high yield, and high liquidity. Users can log in to the Huobi HTX APP, enter the 'Earn' section on the homepage, type 'BTC' in the search box, and select 'VIP Current' to participate.

Huobi Earn Launches BTC VIP Current Product, Participants Can Enjoy Up to 1% Annual Yield

On July 14, according to official announcement, Huobi HTX officially launched the BTC VIP current product. Users at Prime level 5 and above can enjoy up to 1% annualized yield. Additionally, the USDT VIP current product has been launched, offering up to 9% annualized yield. Huobi Earn's VIP current products are exclusive high-yield current products for users at Prime level 5 and above, featuring customized, high-yield, and high-liquidity advantages. Users can log in to the Huobi HTX app, go to the "Earn" section on the homepage, enter "BTC" in the search box, and select "VIP Current" to participate.

[Huobi Earn Launches BTC VIP Current Product with up to 1% Annual Yield]On July 14, according to official announcement, Huobi HTX officially launched the BTC VIP current product. Users at Prime level 5 and above can enjoy up to 1% annualized yield. Additionally, the USDT VIP current product has been launched, offering up to 9% annualized yield. Huobi Earn's VIP current products are exclusive high-yield current products for users at Prime level 5 and above, featuring customized, high-yield, and high-liquidity advantages. Users can log in to the Huobi HTX app, go to the "Earn" section on the homepage, enter "BTC" in the search box, and select "VIP Current" to participate.

Huobi Earn Launches BTC VIP Current Product with up to 1% Annual Yield

On July 14, New York Governor Kathy Hochul signed an order suspending the construction of new hyperscale data centers. The ban takes effect immediately and applies to data centers with electricity consumption of 50 megawatts or more. Previously, according to a study cited by Fortune, the rapid expansion of AI data centers in the United States has significantly driven up public electricity costs. The PJM market monitor, which oversees the grid for 14 states in the Mid-Atlantic and Midwest regions, estimates that the increased electricity demand from data centers will result in an additional cost of approximately $23 billion for electricity users, with this impact lasting at least until the end of 2028. The report states that although several large tech companies have committed to covering the costs of new electricity infrastructure, some expenses may still be passed on to residential and general commercial users due to the fact that costs for public facilities such as transmission lines, substations, and grid upgrades are typically allocated uniformly by regulators. The study also points out that some data centers can reduce their electricity consumption during peak grid periods by flexibly adjusting their load, thereby lowering the grid costs allocated based on peak load, but they still consume a large amount of electricity, resulting in their actual cost burden potentially being lower than the pressure they exert on the grid.

[New York to Temporarily Ban Construction of Large New Data Centers]On July 14, New York Governor Kathy Hochul signed an order suspending the construction of new hyperscale data centers. The ban takes effect immediately and applies to data centers with electricity consumption of 50 megawatts or more. Previously, according to a study cited by Fortune, the rapid expansion of AI data centers in the United States has significantly driven up public electricity costs. The PJM market monitor, which oversees the grid for 14 states in the Mid-Atlantic and Midwest regions, estimates that the increased electricity demand from data centers will result in an additional cost of approximately $23 billion for electricity users, with this impact lasting at least until the end of 2028. The report states that although several large tech companies have committed to covering the costs of new electricity infrastructure, some expenses may still be passed on to residential and general commercial users due to the fact that costs for public facilities such as transmission lines, substations, and grid upgrades are typically allocated uniformly by regulators. The study also points out that some data centers can reduce their electricity consumption during peak grid periods by flexibly adjusting their load, thereby lowering the grid costs allocated based on peak load, but they still consume a large amount of electricity, resulting in their actual cost burden potentially being lower than the pressure they exert on the grid.

New York to Temporarily Ban Construction of Large New Data Centers

On July 14, Oman's Foreign Minister stated that complex discussions are currently underway to form a long-term arrangement to ensure freedom of navigation in the Strait of Hormuz. The current war is a disaster, has not been authorized by the United Nations, and has not achieved any goals. (Jin Shi)

[Oman's Foreign Minister: In consultations on long-term arrangements to ensure freedom of navigation in the Strait of Hormuz]On July 14, Oman's Foreign Minister stated that complex discussions are currently underway to form a long-term arrangement to ensure freedom of navigation in the Strait of Hormuz. The current war is a disaster, has not been authorized by the United Nations, and has not achieved any goals. (Jin Shi)

Oman's Foreign Minister: In consultations on long-term arrangements to ensure freedom of navigation in the Strait of Hormuz

Elon Musk disclosed on Twitter that his PPT speech at Twitter Inc. involves Twitter 2.0 planning content, including "advertising as a service", video, encrypted private messages, long tweets, blue label verification function optimization, but in the "payment" page is blank.

Detail

【Elon Musk announces Twitter 2.0 plan】Elon Musk disclosed on Twitter that his PPT speech at Twitter Inc. involves Twitter 2.0 planning content, including "advertising as a service", video, encrypted private messages, long tweets, blue label verification function optimization, but in the "payment" page is blank.

Elon Musk announces Twitter 2.0 plan

CASHCAT Market Cap Surpasses $100 Million! Robinhood Chain Goes Viral

Behind ANSEM's 300% Weekly Surge: The Recovery and Traps of Solana Meme Coins

Will Zcash’s ‘formal verification’ of Ironwood clear counterfeiting fears and boost ZEC?

Goldman Sachs Report Deconstructs the Competitive Landscape of China's AI Large Models: Who Will Be the Long-Term Winner?

Ethereum uses less power than British Museum – Here’s what changed

Trump urges CLARITY Act passage in honor of ‘big supporter’ Lindsey Graham

Why Are Major Crypto Conferences Losing Their Luster?

Elon Musk announces Twitter 2.0 plan

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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