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According to CoinDesk, France has narrowly passed a cryptocurrency tax amendment, proposing to impose a 31.4% capital gains tax on transactions exchanging crypto assets for stablecoins starting from January 2027.However, the amendment still needs to be approved by the French Senate and go through the budget coordination process before it can officially become law.

A Reuters survey shows that 100 surveyed economists expect the Federal Reserve to raise interest rates in December 2026, while action may be paused in October.Among them, 94 expect that by the end of 2026, the federal funds rate will rise to 4.00% - 4.25%. In contrast, in the September survey, only 29 economists held this expectation out of 76 respondents.

Bitcoin analyst Sam Callahan stated in a video interview published by Bitcoin Magazine that Bitcoin does not need the Federal Reserve to lower interest rates to succeed; what truly determines its long-term value is fiscal dominance and ongoing currency depreciation, rather than the level of interest rates.Callahan pointed out that, according to the inflation metrics preferred by the Federal Reserve, the dollar has lost at least 20% of its purchasing power over the past five years. He believes that financial repression is already occurring—core PCE averaging 3.7%, and the U.S. bond market is experiencing the steepest pullback in history. He bluntly stated that this policy "works well, but is detrimental to the public."In the interview, he also discussed why the global debt binge makes currency depreciation the easiest way out, the role of the Bank for International Settlements, gold's "monetary protest" and central bank credibility issues, and when central banks will adopt Bitcoin. He listed gold, Bitcoin, and the dollar as the three pillars of reserve assets, believing that all roads ultimately lead to currency depreciation.

According to Cointelegraph, the RWA platform Tx has launched the dollar stablecoin USTX for its wallet and the planned tokenized stock market.Users can mint USTX using USDC from 8 blockchains including Ethereum, Solana, and Base, and can redeem it for USDC.

According to Bloomberg, Augnition Global Investors, a technology hedge fund founded by Jeff Wang, the former head of global equities at Sequoia Capital, announced that it has completed fundraising of over $1 billion.According to disclosed regulatory documents, the fund started with at least $570 million in capital, of which about 45% is internal capital.

CrossBorder Capital CEO Michael Howell stated in a video interview with Bitcoin Magazine that global liquidity is the core factor driving the market, and in an environment of currency devaluation, Bitcoin is rising as a top liquidity asset. He described Bitcoin as "the most liquidity-sensitive asset on Earth" and suggested that investors allocate both gold and Bitcoin.Howell recommended building a volatility-weighted asset portfolio, where the proportion of Bitcoin will gradually increase as its institutional adoption rises, potentially reaching a ratio where gold and Bitcoin each account for half. He also pointed out that $70,000 is a key support level for Bitcoin.Regarding the macro environment, Howell believes that amid a peak in debt maturities and a trend of fiscal monetization, governments will continue to print money on a large scale, shifting from Federal Reserve quantitative easing to Treasury quantitative easing, with the U.S. monetizing its own debt. He also mentioned that the Federal Reserve, led by Kevin Warsh, may avoid a significant decline in liquidity, which could become the next catalyst for Bitcoin.

According to Catcher Predict monitoring, in the market prediction event "Ningbo Open: Ostapenko vs. Bencic" on Polymarket, the "Over" option for the sub-market "Ningbo Open: Ostapenko vs. Bencic Total Games in Second Set O/U 8.5" experienced a dramatic fluctuation in winning probability, soaring from 34.5% an hour ago to the current 50% (a fluctuation of 15.5%). Please note the impact of relevant breaking news.

According to Cointelegraph, the crypto advocacy organization Stand With Crypto stated that during a 90-day period from May to August 2026, a total of 9,803 individuals submitted 10,092 complaints to UK banks through the organization's online tools, reflecting the restrictions encountered when transferring to crypto platforms.The highest number of complaints came from Lloyds Banking Group, one of the largest banking groups in the UK, totaling 2,297, followed by Barclays with 1,569 and NatWest Group with 1,278. These complaints have raised concerns about the accessibility of crypto services in the UK ahead of the launch of a new regulatory framework for digital assets in 2027.The report shows that UK banks have varying practices regarding restrictions on crypto transfers. Barclays and HSBC UK are listed as limiting crypto transfers to £2,500 (approximately $3,300) per transaction and £10,000 (approximately $13,300) every 30 days. Six banks, including Starling Bank, TSB, and Chase UK, are listed as completely prohibiting transfers related to crypto.Meanwhile, Lloyds Banking Group and Revolut are classified as having not disclosed their restrictions on crypto transfers, despite also receiving customer complaints. Revolut's official support page states that transfers to "certain cryptocurrency exchanges" are not supported, and a spokesperson for Stand With Crypto indicated that this seems to be a technical issue rather than an established policy.Nick Jones, founder and CEO of Zumo, told Cointelegraph that banking restrictions are a common issue faced by crypto founders in the UK, which could undermine the country's ambition to become a global crypto hub. He stated that the issue of limited access to banking services needs urgent resolution so that UK crypto businesses can grow and expand in a fair environment.Jones also warned that the upcoming crypto regulatory framework in the UK may not address this issue. Although businesses are preparing for mandatory approval from the Financial Conduct Authority (FCA) by October 2027, obtaining business bank accounts is not included in that framework. He added that without coordinated action, businesses may obtain full authorization but still be unable to open UK business bank accounts.

The weekly change in ADP employment in the United States for the week ending October 3 was an increase of 18,500 people, compared to the previous value of 24,750 people.

On-chain detective ZachXBT stated that in August 2026, a centralized money laundering service named FreedomXMR (FXMR) appeared on Hyperliquid Core (HL Core). Over 87% of its incoming funds are directly related to illegal activities.Through manual verification, it was found that among all historical inflows over $10,000 to FXMR, more than $20 million directly originated from ransomware attacks, exploits, malware, and social engineering attacks, including: the DCENT wallet exploit incident (September 2026), the Fetch.ai exploit incident (September 2026), the Axelar exploit incident (September 2026), a certain ransomware payment (September 2026, specific source undisclosed), and the Gamdom exploit incident (October 2026). The operators of this service obtained XMR liquidity from KuCoin (over 3,000 deposits), suspected of using a similar exchange model to Wagyu.The token name (ticker) FXMR was acquired by the operators at an HL auction on July 27, 2026, for 518.28 HYPE (approximately $28,000). Several such centralized money laundering services had previously appeared on HL Core, exploiting the chain's "permissionless" design features and its wide application for illegal money laundering activities. Relevant data tables have been shared with the Hyperliquid team.

According to the official announcement, Binance will update the full margin borrowing and withdrawal collateral rates for POL, SHIB, XLM, COW, NEXO, RVN, and SAND on October 23, 2026, at 06:00 (UTC). The update is expected to be completed within 30 minutes.

Renowned financial services company Cantor Fitzgerald reiterated Tesla's "Buy" rating, maintaining the target price at $485.The agency's analysts believe that the demonstration of the Tesla Roadster sports car is expected to be stunning, but its actual contribution to the company's short-term profits remains limited. Analysts pointed out that the subsequent commercialization of the Roadster still faces uncertainties such as road legality and mass production progress, so even if the demonstration effect is outstanding, it may not quickly translate into substantial financial gains.

The complete trailer for Netflix's upcoming FTX-themed series "The Altruists" was released this week, and former FTX Chief Operating Officer Constance Wang criticized the trailer in a post on X, stating that watching it made her "physically want to vomit." She mentioned that she had served as COO since before FTX was named and viewed the company as her child. She was also the last person to leave the Bahamas after Sam Bankman-Fried was extradited and lost all her assets in FTX, thus she has no intention of defending those responsible for all of this.Wang pointed out that the media is eager to tell the story of FTX's collapse due to the team's partying in the Bahamas, but her workplace was completely different. The core team of the company had fewer than 200 people at its peak, while other exchanges of similar size had thousands of employees, many of whom worked 16 to 18 hours a day for over three years with almost no time to sleep. She also questioned the portrayal of Caroline Ellison in the trailer, stating that she had worked with Caroline and had never seen her as aggressive as depicted in the trailer; she described her as quiet and gentle, often lost in her own thoughts. Most of the team only learned about Caroline's relationship with Sam through reports after the bankruptcy."The Altruists" consists of eight episodes and will premiere on Netflix on November 19, featuring Anthony Boyle as Sam Bankman-Fried and Julia Garner as Caroline Ellison. FTX collapsed in November 2022 due to a liquidity crisis, exposing its close financial ties with Alameda Research and issues of customer fund misappropriation. Bankman-Fried was convicted of seven counts of fraud and conspiracy in November 2023 and sentenced to 25 years in prison; Ellison pleaded guilty and cooperated with prosecutors, receiving a two-year prison sentence in September 2024.

According to Coinglass data, Binance had a net inflow of 316 million USDT in the past 24 hours.

Cryptocurrency market maker Wintermute today updated its market report, stating that multiple events such as the Federal Reserve's interest rate decision, the U.S. midterm elections, and third-quarter earnings reports are approaching, and the current narrow trading range of Bitcoin may soon be broken. If Bitcoin breaks above $87,000, it may confirm an upward breakout; if it effectively falls below $82,500, the price could further dip to just above $70,000.On the macro front, the overall CPI in the U.S. rose from 3.4% in August to 3.7%, with core CPI increasing by 0.3% month-on-month, higher than the market expectation of 0.2%, intensifying concerns about energy prices transmitting to core inflation. Wintermute pointed out that the recent rise in U.S. Treasury yields reflects more of a withdrawal of funds from crowded AI growth stock trades rather than an improvement in inflation expectations. The market currently expects the Federal Reserve to maintain interest rates at its meeting on October 28, but if hawkish signals are released, it may strengthen expectations for a rate hike in December, pushing up U.S. Treasury yields and suppressing risk assets.Internally, the cryptocurrency market shows a trend of funds concentrating on mainstream coins. The report indicates that Bitcoin's weekly decline was 1.99%, the Nasdaq index fell by 5.52%, and altcoins overall dropped by 5.69%. Funds continue to flow into BTC and ETH while withdrawing from most altcoins, with high beta and small-cap tokens facing more significant pressure. Wintermute believes that the current risk-reward ratio for mainstream coins is relatively more attractive, and a broad rally in altcoins may need to wait for Bitcoin to strengthen further.Wintermute also noted that the current implied volatility is relatively low, and with the Federal Reserve's decision and midterm elections approaching, the market may be underestimating the risk of subsequent volatility. The Federal Reserve's decision on October 28 will be a key catalyst in the near term, and the performance of AI-related companies' earnings reports will also influence the market's judgment on computing power investments, financing costs, and business models.

Micron Technology plans to invest up to 3 billion dollars to strengthen the semiconductor supply chain in the United States.

According to Cointelegraph, the Astana International Financial Centre Court (AIFC) in Kazakhstan has issued an injunction against six unlicensed cryptocurrency platforms, prohibiting them from providing digital asset services locally and expanding access restrictions to app stores. The Astana Financial Services Authority (AFSA) stated on Tuesday that the court made this ruling after the regulatory agency sued the operators of the relevant platforms for providing digital asset services without authorization.The order issued on September 15 specifically named BingX, Bitcoin.com, Huobi Global (HTX), BitMart, Coinbase, LBank, and WEEX; a three-day later amendment removed LBank from the list, as its operator had blocked access for users in Kazakhstan. Google and Apple, as app store operators, were also included and are required to implement regional access restrictions for the remaining platforms.AFSA stated that users of unlicensed platforms lack the protections that licensed institutions should provide, including asset protection, information disclosure, complaint handling, and dispute resolution. The National Bank of Kazakhstan is responsible for regulating digital asset service providers outside of the AIFC.AFSA CEO Evgeniya Bogdanova stated that this court ruling is the result of the agency's long-term efforts by its supervision and enforcement team to address the activities of unlicensed crypto platforms that advertise without authorization and provide digital asset-related services in Kazakhstan without a license.AFSA noted that it had issued warnings to over 20 platforms by 2025, nine of which voluntarily restricted app access in the country, and seven expressed intent to apply for licenses. The agency has withdrawn its claims against these nine, and the injunction will be enforced against the remaining six. Cointelegraph previously reported that the financial regulator in Kazakhstan had blocked nearly 1,000 unregistered cryptocurrency exchanges that were providing services to citizens of the country in 2023.

Amazon plans to invest approximately 16 billion euros (about 21 billion dollars) in Germany next year, covering employment, technology, and infrastructure. The investment includes the expansion of data centers and artificial intelligence infrastructure, high-speed satellite internet services, logistics projects, and Prime Video production plans.David Zapolsky, Amazon's Global Affairs and Legal Chief, stated that more than 100 billion euros have been invested in Germany since 2010, and an additional 16 billion euros is planned for investment by 2027.

According to a report by Bloomberg, when Founders Fund was considering investing in Polymarket in 2025, it was discovered that at that time the company had no revenue, and CEO Coplan had used company funds to pay for personal expenses such as private jets and apartment rent. Founders Fund required the company to improve its financial controls and repay the related amounts before making the investment.

Further analysis reveals that the activities of whales (large holders) are weakening. The 90-day moving average of whale outflows for XRP has dropped to $4.97 million, the lowest level since October 2021. CryptoQuant believes that this lack of whale interest may indicate that large investors are waiting for more advantageous buying prices, thus delaying the increase of their market exposure. From a long-term perspective, this suggests that XRP may lack buying support in the absence of whale backing.In a broader market context, the investor group for Bitcoin (BTC) also showed signs of retreat in October. According to a report by Glassnode, Bitcoin's realized profit-loss ratio fell from 0.8 to 0.4, a decrease of 50%. This change indicates that market participants are shifting from aggressive trading to a more stable sentiment, reducing profit-taking activities and reflecting a shift in market sentiment.