Odaily: According to a post by Bitcoin News on X, the French National Assembly's Finance Committee has approved a proposal to impose a tax of up to 31.4% on Bitcoin-to-stablecoin conversions, applicable even when not converted into fiat currency. Residents moving abroad with crypto assets exceeding €800,000 may face an exit tax on unrealized crypto gains.

The relevant amendment was withdrawn after the committee rejected the budget revenue section and still needs to be reintroduced during the full debate in the National Assembly. The proposal has not yet become law, and if passed, the new rules would take effect on January 1, 2027.

Odaily News: According to monitoring by Galaxy's Head of Research, more than half of the Bitcoin supply is held in addresses with no known ownership. Despite increasing institutionalization and centralized holding over the years, a large amount of Bitcoin—and possibly even the majority—is still self-custodied by individuals.

According to Odaily, in September 2026, DEX spot trading volume reached about 26% of CEX trading volume, up from about 18% a year earlier; since June, DEX spot trading volume has rebounded. 86% of RWA perpetual contracts were already traded onchain.

Odaily News: The Blockchain Association and the Crypto Council for Innovation, together with the Illinois state government, the Digital Chamber, and the Illinois Blockchain Association, have filed a joint motion with the Sangamon County Circuit Court requesting expedited review of two lawsuits challenging Illinois' Digital Asset Tax Law. The Illinois state government has agreed to issue an injunction suspending the law's effective date and enforcement until July 1, 2027. The parties have proposed a briefing schedule for an expedited summary judgment process, with the first round of motions to be filed on November 4, 2026, and all relevant briefs to be completed by January 22, 2027.

Odaily News: Bonk Guy posted that he is bullish on the Robinhood chain ecosystem Meme coin VRAX's performance in the next market cycle. The token was initially launched amid related discussions during the Robinhood Summit, after which its price once fell by about 99%. He believes that concentrated holdings associated with the early development team may have largely exited.

Bonk Guy pointed out that Robinhood CEO Vlad Tenev recently mentioned VRAX twice during a Q&A event on X, bringing it back to market attention. He believes that the Robinhood chain ecosystem may be nearing a phased bottom, and if on-chain activity subsequently recovers, VRAX is expected to become one of the main beneficiary tokens.

Odaily News: According to Odaily monitoring, a contract account at a certain address (widely identified as the Wintermute market-making address) has accumulated profits exceeding $173 million. From 17:24 to 18:13 on October 14, its BTC short position increased from approximately $567,000 to approximately $5.158 million, with a net addition of approximately $4.591 million; during this period, approximately $4.882 million was opened and approximately $226,000 was closed, with closing profits of approximately $669.

Address: 0xecb63caa47c7c4e77f60f1ce858cf28dc2b82b00

Odaily reports that according to an official announcement, Binance Alpha has now listed Derive (DRV). Users holding at least 245 Binance Alpha points can claim an airdrop of 70 DRV tokens on a first-come, first-served basis. If the prize pool is not fully claimed, the points threshold will automatically decrease by 5 points every 5 minutes. Claiming the airdrop will consume 15 Binance Alpha points, and users must confirm the claim on the Alpha event page within 24 hours, otherwise it will be deemed as forfeiting the airdrop.

According to Lookonchain monitoring, an Ethereum OG address (0x8AC...aA93) that bought ETH at $14 nine years ago deposited 6,369 ETH worth $15.95 million to Kraken approximately 40 minutes ago.

Odaily: Federal Reserve Governor Bowman stated that she currently does not believe the Fed needs to rush to make further adjustments to interest rates. (Jinshi)

Odaily reports that Bitget has now listed JIO (Jio Platforms) IPO pre-market perpetual contracts, providing global users with a channel to participate in potential pre-IPO gains and capture early market opportunities. The contract is settled in USDT and supports up to 20x leverage and 24/7 trading.

Jio Platforms is a digital technology and telecommunications platform under India's Reliance Industries, founded in 2019 in Mumbai, India. Through its subsidiary Reliance Jio Infocomm, it operates India's largest telecommunications network, offering 5G, broadband, cloud computing, and AI digital services, with over 524 million users as of March 2026. The company plans to dual-list on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).

Odaily News: DeFi protocol Sky (formerly MakerDAO) has announced the completion of its second SKY token burn, with a total of 7.37 million SKY permanently removed from circulation, approximately 2.6 times the 2.86 million burned in the first burn. The funds for this burn came from 5% of the monthly net protocol surplus, a mechanism that links protocol performance to the permanent reduction of SKY supply.

Odaily reports: DBS Bank analyst Philip Wee said that Fed's Williams supports another rate hike by the end of 2026, but is unwilling to endorse the market's pricing of further tightening in 2027. Williams also reminded the market that the Fed remains data-dependent, rather than "dependent on any single data point." Monetary policy will be guided by the potential inflation trajectory over the next 1 to 2 years, rather than individual data releases.

Against this backdrop, today's CPI report should focus more on core inflation, which is expected to slow from 0.3% to 0.2%. Williams believes that the forces driving inflation lower remain intact, with price pressures mainly concentrated in AI and energy rather than spreading to the broader economy. He has seen little evidence of labor-market-driven inflation or an overheating U.S. economy. This distinction is crucial for the dollar, because since the Fed hiked rates in September, the dollar's rally has largely depended on expectations of further policy tightening. (Jinshi)

Odaily Report: Kraken will acquire EU-regulated Saldo bank, with the deal expected to close in 2027.

Odaily News: As the 2026 League of Legends World Championship officially kicks off, Gate has launched its blockbuster Rift Peak Prediction Contest. The event runs from October 14, 2026, 16:00 (UTC+8) to November 15, 2026, 16:00 (UTC+8). Users can participate through the Gate App in designated World Championship event markets, predicting individual match outcomes, series scores, advancing teams, and the ultimate champion.

The total prize pool for this event reaches up to 150,000 USDT, featuring four core gameplay modes: First Prediction Gift: Users who participate in event markets for the first time with a cumulative trading volume of no less than 200 USDT can receive a 10 USDT trial voucher, limited to the first 4,000 participants; Stage Rewards: Covering the four major stages of the Play-In Stage, Swiss Stage, Knockout Stage, and Finals, users can unlock trial vouchers at different tiers based on their trading volume, with a cumulative prize pool of 50,000 USDT; Rift Power Ranking: Users can accumulate power points through trading volume, and the top 100 high-power players will share a dedicated prize pool of 30,000 USDT, with the champion receiving an exclusive 5,000 USDT; Rift Bonus Benefits: The event includes a 10,000 USDT champion prediction shared prize pool, a 10,000 USDT finals prediction loss compensation prize pool (with a maximum compensation ratio of 20%, distributed in the form of trial vouchers), and a Witness Award that grants lottery eligibility for participating in all four stages, with a total of 100 slots for rewards equivalent to 100 USDT each. Users can now head to the Gate App to participate in the event, enjoying generous prize pool rewards while predicting match performances and team fates.

Odaily News: According to official data, AQAv2 revenue has become Hyperliquid's second-largest source of income, accounting for 26.96% of Hyperliquid's total revenue. Hyperliquid's largest source of income remains contract trading fees, which account for over 66%.

AQAv2 is a "revenue-sharing" mechanism launched by Hyperliquid for stablecoins. Under this mechanism, stablecoin deployers are required to allocate 90% of the stablecoin's reserve yield to the Hyperliquid protocol, and the protocol will use 100% of these revenues to buy back and burn HYPE tokens.

Since yield accrual began on August 26, AQAv2 has generated a cumulative total of $24.78 million in revenue for Hyperliquid.

PPP prediction market tool monitoring shows that in the "League of Legends Demacia Cup Global Invitational semifinal KT vs. BFX" prediction event, an account with a loss of $100,000

(0x2c2abaa25bc357aab18b032d2b720595c362267e) purchased $34,000 on KT defeating BFX, with an average entry price of 60¢ and 57,993.6 shares bought.

This match starts on October 14 at 17:00, with a BO5 format, and the winner will advance to the final.

Join the PPP signal push community to stay one step ahead and seize the opportunity.