the French National Assembly passed an amendment to the 2026 budget, proposing to increase the digital income tax rate of companies such as Amazon, Google's parent company Alphabet, and Meta from the current 3% to 6%. Although this increase is lower than another proposal to raise the tax rate to 15%, it still means a significant increase in tax revenue. This move by France may trigger a strong reaction from Trump, who has threatened retaliation tariffs against France over this measure. Republican lawmakers in the United States have warned that raising the tax rate to 15% would constitute an unjust attack on American tech companies, leaving the US Congress and the Trump administration with almost no choice but to take strong retaliatory action. This amendment is only one part of the budget bill, which may be voted on next month or in December, and it is still uncertain whether it will become law. Although the 6% tax rate amendment was proposed by members of President Macron's party, the French government still maintains a cautious attitude towards it, stating that it will continue to communicate with the parliament. The French Finance Minister said: "We note the parliament's willingness to strengthen the taxation of digital giants. This matter needs to be handled carefully, especially in terms of raising the tax rate threshold, and we must promote relevant work through European and international dialogue." (Jinshi)

Liquid Capital founder Yi Lihua stated that the current market is in a deep adjustment trend, with AI and gold remaining popular. Large funds are finding it difficult to flow into cryptocurrencies in the short term, leading to most DATs falling below 1 and the continuous disappearance of funding capabilities. Therefore, for now, we choose to take a break. Of course, the market is constantly changing, and everyone should make judgments based on their own understanding and trends. However, we choose to wait for a confirmed bottom before reinvesting.

On October 29th, Chain Detective ZachXBT tweeted that Gurhan Kiziloz is the actual co-founder of Blockdag, secretly hiring Antony Turner to act as a spokesperson, and transferring pre-sale funds participated by retail investors through off-exchange brokers in the Middle East, amounting to millions of dollars.

Binance Alpha will officially launch the BitcoinOS (BOS) trading on October 29, 2025 at 19:00 (UTC+8). After the trading starts, users with at least 240 Binance Alpha points can receive airdrops of 2,688 BOS tokens on a first-come, first-served basis. If the reward pool is not fully distributed, the points threshold will automatically decrease by 5 points every 5 minutes. Please note that claiming the airdrop will consume 15 Binance Alpha points. Users must confirm receipt on the Alpha activity page within 24 hours, otherwise it will be considered as giving up the claim.

 according to market news: The market value of Japan's Bitcoin treasury company MetaPlanet (3350.T) has now exceeded that of Taiwan's electronic giant Acer.

 the market shows BTC falling below $113,000, now trading at $112,999.99, with a 24-hour decline of 1.2%. The market is volatile, please manage risks carefully.

according to Deribit data, there will be 127,000 BTC expiring on Friday (16:00 Beijing time), with a nominal value of $14.42 billion. The maximum pain point is $114,000, with a put/call ratio of 0.76. The nominal value of Ethereum options expiring is $2.56 billion, with a maximum pain point of $4,100 and a put/call ratio of 0.70.

Binance Futures will launch the ATUSDT perpetual contract at 19:30 on October 29, 2025 (UTC+8), supporting up to 50 times leverage. The contract will be included in Binance Futures' new listing fee promotion and futures copy trading will be opened within 24 hours of launch.

 Nvidia's pre-market stock rose by 2.5%. If the current level remains unchanged, the market value is expected to reach $5 trillion at the opening. 

On October 29th, Four.meme announced that it will launch the X Mode issuance mechanism at 16:00 tomorrow. X Mode is a comprehensive upgrade of the original Fair Mode, which will be fully open to all wallets and DEX tools for use. The new mechanism introduces a dynamic fee model, with fees gradually decreasing from 100% at block 0 to 1% at block 6 (normal rate), effectively suppressing bot sniping and ensuring fair participation of real users. In addition, more than 1% of the fee will be used for buyback and burn after the project goes live, to reduce token supply and support long-term value growth. Through X Mode, Four.meme hopes to continue its vision of building a fair and open Meme issuance ecosystem, bringing a more transparent and sustainable innovative model to the BNB Chain community.

according to the data of the Hong Kong stock market, as of the close of trading today, the trading volume of 6 Hong Kong virtual asset ETFs was 18.92 million Hong Kong dollars. Among them: the trading volume of Huaxia Bitcoin ETF (3042.HK) was 5.4 million Hong Kong dollars, the trading volume of Huaxia Ethereum ETF (3046.HK) was 9.12 million Hong Kong dollars, the trading volume of Jiashi Bitcoin ETF (3439.HK) was 0.9789 million Hong Kong dollars, the trading volume of Jiashi Ethereum ETF (3179.HK) was 0.2404 million Hong Kong dollars, the trading volume of Boshi HashKey Bitcoin ETF (3008.HK) was 1.73 million Hong Kong dollars, and the trading volume of Boshi HashKey Ethereum ETF (3009.HK) was 1.44 million Hong Kong dollars.

October 29th news, Aster DEX (@Aster_DEX) officially announced that the on-chain repurchase during S3 is in progress and will continue daily until the target range is reached. The repurchase amount will reach 70% to 80% of the transaction fees generated during S3. All repurchases will be directly executed on the public market. The official statement said that after the repurchase is completed, the purchased tokens will be transferred to the same address as the S2 repurchase and the wallet address used for the repurchase will be disclosed.

the European Central Bank plans to launch a digital euro in 2029, and preparations will continue.

 Tether CEO Paolo Ardoino said that stablecoin Tether holds $135 billion in US Treasury bonds, surpassing South Korea to become the world's 17th largest holder of US debt if considered as a country. Tether's holdings are close to Brazil, ranking behind Norway. Japan remains the largest foreign holder of US debt, with holdings exceeding $1.1 trillion, followed by the UK and China.

according to on-chain analyst The Data Nerd's monitoring, a whale deposited 5000 ETH into Kraken 9 hours ago, worth about $19.91 million. Six months ago, he purchased these ETH at an average price of about $1582, expecting to make a profit of about $14.43 million (investment return rate of 152%). In addition, looking back three years ago, he also accumulated 8240 ETH at an average price of about $1195, and sold them last year at a price of about $2954.

according to market news: Germany's second largest party AfD proposed a motion to establish a Bitcoin reserve.

according to market news: Tom Lee's Bitmine company increased its holdings of 27,316 Ethereum (worth $113 million), currently holding a total of 3.34 million Ethereum (worth $13.3 billion).

 multiple institutions have reached a consensus on the expected rate cut by the Federal Reserve. Bank of America expects the Fed to cut rates by 25 basis points in October and is the only major brokerage firm predicting only one rate cut this year. Citigroup, Fidelity, JPMorgan, and others all predict a 25 basis point rate cut in October, followed by another 25 basis point cut in December. Goldman Sachs believes there is a high likelihood of a rate cut in December and predicts two rate cuts in 2026. 

 according to the official announcement, Bithumb will list ENSO Korean Won trading pair.

According to the official announcement, users with 227 points or more of Binance Alpha points can participate in this PIEVERSE PRE-TGE event through the Alpha activity page. Participating in this presale event will deduct 15 points.